The London Metal Exchange (LME) aluminium price reported improvements, rising above 1 per cent across the pricing segment, followed by modest gains in contracts on the September 14 close, recovering from the downward trend reported at the September 13 session . The LME aluminium cash bid and offer...
As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
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On Thursday, December 7, China’s A00 aluminium ingot price has fallen by RMB 80 per tonne to clock at RMB 18,480 per tonne. The prices have dropped in all the provinces, with the highest in Gongyi and Foshan, where it has dipped by RMB 100 per tonne to clock at RMB 18,590 per tonne. In Hangzhou,...
LME aluminium opened at US$2,185 per tonne yesterday, with its high and low at US$2,186.5 per tonne and US$2,150.5 per tonne, respectively, before closing at US$2,165.5 per tonne, down US$34.5 per tonne or 1.57 per cent. On Tuesday, December 5, both LME aluminium cash bid price and LME aluminium...
The Shanghai Metals Market, on December 6, has seen fluctuations in aluminium prices, with the SMM A00 aluminium ingot price remaining stagnant at RMB 18,560 per tonne. The average aluminium prices have circulated between RMB 18,540 per tonne and RMB 18,580 per tonne. The SMM aluminium price has...
Welcome to Day 2 of the 11th International IBAAS Conference & Exhibition (IBAAS-JNARDDC 2023) – Nagpur, India, a much-awaited event to experience the upstream aluminium industry. The event, studded with aluminium industry leaders, experts, and enthusiasts, marks the end of 2023 with great learnings...
Mazad, a company responsible for managing the public and electronic auctions in the Kingdom of Bahrain, has signed a cooperative agreement with Aluminium Bahrain (Alba), a major global aluminium smelting company. This agreement aims to initiate a project that involves dismantling and selling two of...
LME aluminium opened at US$2,204 per tonne on Monday, with its high and low at US$2,213 per tonne and US$2,174 per tonne, respectively, before closing at US$2,184 per tonne, down US$16 per tonne or 0.73 per cent. On December 4, the LME aluminium live price chart registered a slight spike in...
China’s A00 aluminium ingot price on Tuesday, December 5, declined the graph by RMB 140 per tonne to clock at MB 18,560 per tonne. As per the Shanghai Metals Market (SMM) data, a downfall of RMB 610 per tonne was seen M-o-M from RMB 19,170 per tonne recorded on November 3. Today, the average prices...
According to the International Aluminium Institute survey, primary aluminium production in the Gulf Cooperation Council during October 2023 stood at 518,000 tonnes, reflecting a hike of 18,000 tonnes or 3.6 per cent month-on-month. The output in October recorded a recovery from a month-on-month...
Schneider Electric, a worldwide leader in digital transformation in energy management and automation, has recently formed a strategic alliance with National Power Investment Group Digital Technology Co., LTD. (hereafter referred to as "Power Investment Digital Division") to jointly explore the...
Yunnan Aluminium Corporation was recently honoured with the "Outstanding Contribution Enterprise in the Carbon Neutrality Field" award at the 3rd Boao Conference on Carbon Neutrality. Yunnan Aluminium, as the aluminium industry base of China Aluminium Corporation (Chinalco) in Yunnan, demonstrates...
An announcement from the United States Attorney's Office for the Middle District of Pennsylvania states that Creed White, a 65-year-old resident of Freeland, Maryland, has been charged with conspiracy to commit wire fraud and engaging in an unlawful monetary transaction. Mr White owned and operated...
On December 4, the Shanghai Metals Market witnessed a slight hike in aluminium prices to match the US$18,700 per tonne mark on November 29, with the SMM A00 aluminium ingot price rising by RMB 40 per tonne to close at RMB 18,700 per tonne. The average aluminium prices have circulated between RMB...
LME aluminium opened at US$2198 per tonne last Friday, with its high and low at US$2217 per tonne and US$2183 per tonne, respectively, before closing at US$2200 per tonne, an increase of US$6 per tonne or 0.27 per cent. On Friday, December 1, both LME aluminium cash bid price and LME aluminium...
Norsk Hydro signed an agreement with Sanvira Tech LLC to ensure a consistent supply of carbon anodes from Oman for its Norwegian aluminium smelters. The deal stipulates an initial offtake duration of 8 years and will include a maximum of 25 per cent of the total annual use of about 600,000 tonnes...
The Shanxi Enterprise Federation and Shanxi Entrepreneur Association hosted the 2023 Shanxi Top 100 Enterprises Summit Forum in Taiyuan on November 21st. Shanxi Aluminium Industry was ranked 54 among the "Top 100 Enterprises in Shanxi Province" and 42 among the "Top 100 Manufacturing Enterprises in...
Recently, Sohar Aluminium (SA) took part in the 25th edition of the Arab International Aluminium Conference and Exhibition (ARABAL 2023), which was held in Riyadh. ARABAL is the premier trade event for the aluminium industry in the Middle East, and this year's theme was "Aluminium: The Future, from...
Cargo operations via the Maranhão public port are back in business! After a ten-year gap, the Porto do Itaqui in São Luís received the first batch of aluminium ingots from Australian mining firm South32 at the end of November. South32, one of the Alumar consortium's multinational mining businesses,...
According to a recent report, a global aluminium producer has offered Japanese buyers a shipment premium of $95 per tonne over the global benchmark price for the first quarter of 2024 (January 1-March 31). The news came on December 1 after three sources directly involved in quarterly pricing talks...
