Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
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...
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LME aluminium opened at US$2218.5 per tonne in the previous trading day, with its low and high at US$2187 per tonne and US$2219 per tonne, respectively, before closing at US$2194 per tonne, down 0.95 per cent. The LME aluminium live price chart , on November 30, marked a falling market price trend,...
On Friday, December 1, China’s A00 aluminium ingot price added RMB 30 per tonne to clock at RMB 18,660 per tonne. On M-o-M calculation, a plunge of RMB 480 per tonne was recorded from RMB 19,140 per tonne on November 1. Today, the average prices are expected to stand between RMB 18,640 per tonne...
The long-awaited bauxite, alumina and aluminium conference of India (IBAAS-JNARDDC 2023) will be inaugurated on December 4, 2023, in Nagpur. On the first day of the conference, an augural function will be followed by 7 keynote addresses by leading bauxite, alumina and aluminium experts from India...
Since the beginning of this year, the aluminium and aluminium alloy industry chain in Tongchuan has always regarded project construction as a strong engine to promote high-quality transformation and development. As a result, the production of electrolytic aluminium in October, the primary...
The Shanghai Metals Market, on November 30, marked a region-wide digression in aluminium price trends, with the SMM A00 aluminium ingot price plummeting by RMB 140 per tonne to close at RMB 18,630 per tonne. The average aluminium prices have circulated between RMB 18,610 per tonne and RMB 18,650...
LME aluminium opened at US$2224 per tonne in the previous trading day, with its low and high at US$2207.5 per tonne and US$2231.5 per tonne, respectively, before closing at US$2217.5 per tonne, down 0.18 per cent. On Wednesday, November 29, both LME aluminium cash bid price and LME aluminium...
UN Climate Change High-level Champion for Egypt, Mahmoud Mohieldin, has reportedly advised heavy industries and hard-to-abate sectors to acquire a financing scheme that would pull funds from Western donors to help them shift to cleaner power generation. He said a Just Energy Transition Partnership...
A subsidiary of the Indian aluminium giant Vedanta, BALCO has integrated Advanced Driver Assistance Systems (ADAS) and Driver Monitoring Systems (DMS) throughout their transportation chain, making inter-plant operations risk-free. This modernistic AI technology will be fundamental in augmenting...
On Tuesday, November 28, Press Metal Aluminium Holdings published its third quarter fiscal report, showing a lag from the consensus forecasts. Nonetheless, market analysts have maintained their recommendations on the company, with expectations that aluminium prices will remain subdued. Press Metal...
LME aluminium opened at US$2213 per tonne in the previous trading day, with its low and high at US$2199.5 per tonne and US$2225.5 per tonne, respectively, before closing at US$2218.5 per tonne, up US$6 per tonne or 0.27 per cent. On November 28, the LME aluminium live price chart registered a...
On Wednesday, November 29, China’s A00 aluminium ingot price has contracted by RMB 80 per tonne to clock at RMB 18,770 per tonne, with the average prices standing between RMB 18,750 per tonne and RMB 18,790 per tonne. The spot contract price may be traded at a discount price of RMB 60 per tonne to...
The 11th edition of IBAAS-JNARDDC 2023, hosted by the International Bauxite, Alumina & Aluminium Society (IBAAS) and Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), is just 7 days away. Taking place from December 4 to 6 in Nagpur, India, this conference focuses on the...
Norsk Hydro, one of the largest aluminium companies worldwide, has signed a significant agreement with Sanvira Tech LLC to ensure a consistent supply of carbon anodes from Oman for its Norwegian aluminium smelters. The deal stipulates initial offtake duration of 8 years, which may be extended if...
On November 28, the Shanghai Metals Market witnessed a more or less uniform slump in aluminium prices, with the SMM A00 aluminium ingot price losing RMB 40 per tonne to close at RMB 18,850 per tonne. The average aluminium prices have circulated between RMB 18,830 per tonne and RMB 18,870 per tonne....
LME aluminium opened at US$2221.5 per tonne in the previous trading day, with its low and high at US$2209 per tonne and US$2235 per tonne, respectively, before closing at US$2211.5 per tonne, down 0.65 per cent. On Monday, November 27, both LME aluminium cash bid price and LME aluminium official...
Qinghai Qiaotou Aluminium & Electricity recently bagged a special fund subsidy from the Qinghai Provincial Department of Industry and Information Technology. The China-based manufacturer of aluminium ingots and other products was awarded RMB 2.23 million for its 40 sets of 240KA series electrolytic...
Arab International Aluminium Conference (Arabal) held recently in Riyadh presented many crucial information, including the global aluminium demand set to rise by 20 to 30 per cent over the next seven years. Engineer Khalid bin Saleh Al Mudaifer, the Vice Minister of Industry and Mineral Resources...
LME aluminium opened at US$2228 per tonne last Friday, with its low and high at US$2213.5 per tonne and US$2228 per tonne respectively before closing at US$2225 per tonne, up US$3 per tonne or 0.14 per cent. The LME aluminium live price chart , on November 24, witnessed an overall slump in...
