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...
Grow with
AL Circle
Alcoa Corp., the largest producer of aluminium in the United States, has announced the appointment of Andrew Hastings, the former general counsel of Canada's Lundin Mining Corp., as its new Chief Legal Officer. Andrew Hastings decided to join Alcoa after stepping down from his position as the legal...
LME aluminium opened at US$2,219.5 per tonne on Tuesday, with its high and low at US$2,225 per tonne and US$2,205 per tonne, respectively, before closing at US$2,215.5 per tonne, a decrease of US$1.5 per tonne or 0.07 per cent. On Wednesday, September 20, LME aluminium cash bid price and LME...
On September 21, the Shanghai Metals Market witnessed mixed trends in aluminium prices all over China, with the SMM A00 aluminium ingot price augmenting by RMB 160 per tonne to officially close at RMB 19,650 per tonne. The average prices have ranged between RMB 19,630 per tonne and RMB 19,670 per...
The European Union (EU) is considering levying surcharges on some imported products such as steel and cement. However, the People's Republic of China, a significant trading partner, has expressed concerns and wants the EU to double-check with World trading Organisation (WTO) global trade norms....
During the Inner Mongolia non-ferrous metal energy saving and carbon reduction technology exchange meeting on September 16, Zhang Guangsheng, the deputy director of the Industry and Information Department of the autonomous region, shared that the region's non-ferrous metal output had increased by...
On Wednesday, September 20, China’s A00 aluminium ingot price has dropped by RMB 20 per tonne to close at RMB 19,490 per tonne. According to the Shanghai Metal Exchange (SMM) data, the domestic aluminium ingot price had a growth of RMB 60 per tonne W-o-W from RMB 19,430 per tonne on September 13....
LME aluminium opened at US$2,219.5 per tonne on Tuesday, with its high and low at US$2,225 per tonne and US$2,205 per tonne, respectively, before closing at US$2,215.5 per tonne, a decrease of US$1.5 per tonne or 0.07 per cent. The LME aluminium live price chart experienced elevating aluminium...
According to regulatory filings, Glencore acquired just a fraction of the potential 6.9 million tonnes of aluminium it could purchase between 2020 and 2022 through its agreement with Russian aluminium giant Rusal. However, this contract may also be extended until 2025. The Swiss multinational...
LME aluminium opened at US$2,192.5 per tonne last Friday, with its high and low at US$2,222.5 per tonne and US$2,185 per tonne, respectively, before closing at US$2,217 per tonne, an increase of US$21 per tonne or 0.96 per cent. On Monday, September 18, both LME aluminium cash bid price and LME...
According to Chinese customs data released on September 18, 2023, the country experienced a significant increase of 38.9 per cent in aluminium imports in August compared to the same period the previous year. This surge can be attributed to increased purchasing due to low domestic aluminium stocks...
European industrial aluminium clients are now experiencing a delay in supplying smelters with the required quantities for new contracts in 2024. This delay is mainly caused by concerns that they may exceed their purchase requirements, as the area's demand for finished metal goods has decreased...
On Monday, September 18, China’s A00 aluminium ingot price has dropped by RMB 160 per tonne to close at RMB 19,380 per tonne, with the average prices standing between RMB 19,360 per tonne and RMB 19,400 per tonne. The spot contract prices may be traded at a premium price of RMB 200 to RMB 240 per...
LME aluminum opened at $2,220.50 per tonne on last Friday, with its high and low at US$2,231.50 per tonne and US$2,187 per tonne respectively before closing at US$2,196 per tonne, a decrease of US$24 per tonne or 1.08 per cent. On Friday, September 15, the LME aluminium cash bid price and LME...
On Thursday, September 14, the Guangxi Dongrong Pilot Demonstration Zone laid the foundation stone of an aluminium and copper project in Baigui Industrial Park in the presence of the Deputy Director of the management committee and Li Honghui, a member of the Party Working Committee. They attended...
The LME aluminium benchmark price reflected a consistent growth throughout the week until it plunged significantly on Friday, September 15. On Monday, September 11, the LME aluminium cash bid price and LME aluminium official settlement price increased by US$21 per tonne and US$21.50 per tonne over...
The Mozal aluminium smelter in Mozambique intends to increase primary aluminium output by 40,000 tonnes during the current fiscal year, which began in June. Mozal Aluminium's facility in Southern Africa is the country's biggest industrial employment. Aluminium Bahrain B.S.C. (Alba) received the...
In August, China witnessed a 3.1 per cent increase in its primary aluminium production compared to the previous year, reaching a record monthly high. This surge in production was primarily attributed to the recovery of hydropower generation in the southwestern province of Yunnan. According to data...
EPIQ Machinery has reportedly acquired Stymer Technologies, a Pune-based Engineering services company, under ADF Engineering, a subsidiary of EPIQ Machinery. The news came on Thursday, September 14, after the company’s Chief Executive Officer, Éloïse Harvey; Operation Manager, Bhushan Bachhav; and...
