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$2235 per tonne in the previous trading day, with its low and high at US$2214 per tonne and US$2244.5 per tonne, respectively, before closing at US$2224 per tonne, down US$6 per tonne or a decrease of 0.27 per cent. On November 14, the LME aluminium live price chart...
On Monday, November 13, ALRO S.A., one of Europe's largest vertically integrated aluminium producers by production capacity, announced its third quarter and the consolidated nine-month results of 2023. The Group reported its net sales of RON 682.8 million for Q3, down by 7.70 per cent from RON...
LME aluminum opened at US$2,222.50 per tonne on Monday, with its low and high at US$2,203 per tonne and $2,235 per tonne, respectively, before closing at US$2,230 per tonne, up US$9 per tonne or 0.41 per cent. On Monday, November 13, the LME aluminium cash bid price and LME aluminium official...
On Tuesday, November 14, China’s A00 aluminium ingot price added RMB 60 per tonne to settle at RMB 18,910 per tonne, with the average prices between RMB 18,890 per tonne and RMB 18,930 per tonne. As per the Shanghai Metals Market (SMM) data, the prices have grown in all the provinces except in...
The inventory of aluminium stocks at three prominent Japanese ports, namely Yokohama, Nagoya, and Osaka (AL-STK-JPPRT), witnessed a 2 per cent decrease, falling to 341,300 tonnes by the end of October. This decline is in comparison to the 348,300 tonnes recorded in the previous month. The data was...
According to the Shanghai Metals Market survey, China’s aluminium production in October 2023 (31 calendar days) amounted to 3.641 million tonnes, flaunting a month-on-month rise of 3.35 per cent from 3.523 million tonnes. On a year-on-year calculation, the output stood 6.7 per cent higher than 3.42...
Century Aluminum Company, a global primary aluminium producer with operations in the United States and Iceland, announced its third quarter results for 2023 last week, disclosing a fall of 10.97 per cent in net income attributable to Century stakeholders. Net income in Q3 2023 stood at US$13.8...
According to the Shanghai Metals Market, A00 aluminium ingot price has marked a decline for the third day in a row by RMB 280 per tonne to stand below RMB 19,000 per tonne as of Monday, November 13. Data shows the price has come in at RMB 18,850 per tonne, with average prices likely to range...
We are thrilled to announce the much-anticipated event that is set to illuminate the world of bauxite, alumina, and aluminium like never before – the upcoming 11th International Bauxite, Alumina & Aluminium Conference & Exhibition. The conference and exhibition will be held in Nagpur, India, from...
In October 2023, the proportion of aluminium stocks with Russian origins in London Metal Exchange-registered (LME) warehouses increased to 79.5 per cent, up from 76 per cent in September 2023, according to data published on the exchange's website, as reported by a world’s largest news media agency....
It is time to prepare for an electrifying event as Ma’aden hosts ARABAL 2023 with the patronage of H.E. Bandar AlKhorayef, Minister of Industry and Mineral Resources for the Kingdom of Saudi Arabia. And that’s not all! Emirates Global Aluminium, the largest industrial company in the United Arab...
Hindalco Industries records a dip from the previous year but maintains a robust performance, positioning for growth, and announces an Rs 8,000 crore investment in a greenfield alumina refinery in Odisha. Hindalco Industries announced its second-quarter financial results for the fiscal year 2023-24,...
A recent study commissioned by New Zealand Aluminium Smelter (NZAS) indicates that the waters surrounding the Tiwai Point aluminium smelter pose minimal or no threat to both human health and marine life. NZAS is owned by Rio Tinto (80 per cent) and Sumitomo Chemical Company of Japan (20 per cent)....
Aluminium Bahrain B.S.C. (Alba) has announced its third quarter financial results for 2023, whereby it disclosed a profit of BD17.3 million ($46 million), down by 64 per cent from the last year due to poor LME prices and lower premiums. The company’s revenue also edged a fall Y-o-Y from BD403.2...
LME aluminium opened at US$2261.5 per tonne on Thursday, with its low and high at US$2233 per tonne and US$2266 per tonne respectively before closing at US$2238 per tonne, down US$26 per tonne, or a decrease of 1.13 per cent. The LME aluminium live price chart , on November 9 marked an overall...
On Friday, November 10, China’s A00 aluminium ingot price dropped by RMB 40 per tonne to clock at RMB 19,130 per tonne, with the average prices between RMB 19,110 per tonne and RMB 19,150 per tonne. The spot contract price may be traded at a discount price of RMB 80 to RMB 40 per tonne. As per the...
On Thursday, November 9, National Aluminium Company (NALCO), a Navratna CPSE Indian metal and mining company, announced its second-quarter fiscal results of FY2023-24, whereby it reported nearly 50 per cent rise in profit to INR 1.87 billion ($22.45 million) from INR 1.25 billion a year ago....
ARABAL 2023 to be hosted by Ma’aden under the patronage of H.E. Bandar AlKhorayef, Minister of Industry and Mineral Resources for the Kingdom of Saudi Arabia. The Arab International Aluminium Conference (ARABAL), the Middle East’s premier trade event for the aluminium industry, will take place from...
