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
Aluminium Bahrain B.S.C. (Alba) has once again proven its commitment to the professional development of its employees by receiving the prestigious Brandon Hall Group Silver Award for Excellence 2023 in the Best Development Programme for Frontline Leaders' Category. This recognition marks the fourth...
Aluminium stocks at the three major Japanese ports - Yokohama, Nagoya, and Osaka increased by 2.9 per cent month-on-month to stand at 360,700 tonnes as of August-end, 2023, found Maruberni Corporation, a major Japanese integrated trading and investment business conglomerate. Aluminium stocks in...
In October 2019, the province Party Committee and provincial government facilitated the establishment of the Yunnan Green Aluminium Innovation Industrial Park in Yanshan. The park has successfully established and integrated the whole industrial chain of green aluminium via its dependence on the...
On Thursday, September 7, China’s aluminium ingot inventories across eight major consumption areas amounted to 517,000 tonnes, registering a week-on-week hike of 24,000 tonnes from 493,000 tonnes, found the Shanghai Metals Market survey. However, from Monday, November 4, the inventories dropped by...
LME aluminium opened at US$2,194.5 per tonne last Friday, with its high and low at US$2,195 per tonne and US$2,171 per tonne, respectively, before closing at US$2,181 per tonne, a drop of US$15 per tonne or 0.68 per cent. On Friday, September 8, the London Metal Exchange (LME) revealed that both...
The Shanghai Metals Market on September 11 experienced marginally elevating prices all over China, with the SMM A00 aluminium ingot price gaining RMB 30 per tonne to officially close at RMB 19,450 per tonne. The average prices have ranged between RMB 19,430 per tonne and RMB 19,470 per tonne. If we...
Major changes are on their way in the primary aluminium sector, with the world advocating the need to incorporate more and more renewable energy systems into the equation. Shell Energy and Hydro have inked a significant three-year agreement aimed at decarbonising Hydro's UK operations. Under the...
The United States aluminium crude metals and alloys imports from Canada in May 2023 was 212,000 tonnes, with the total imported amount from January to May being 1.06 million tonnes. On the other hand, USGS data denotes that the amount of aluminium crude metals and alloys exported to Canada in May...
The inauguration ceremony for the annual treatment of 70,000 tonnes of aluminium electrolyte comprehensive utilisation project, conducted by Henan Qinyuan Chun New Materials, took place on the morning of September 6. Wang Jiapeng, the Party Secretary of Qinyang and Deputy Director of the Standing...
On September 5, Baowu and Chinalco Group signed a strategic cooperation framework agreement in Beijing. The purpose of this agreement is to actively promote the optimisation and upgrading of the industrial layout structure while practising the new development concept. The agreement will enable the...
On Thursday, September 7, the Aluminum Association, the aluminium industry's leading voice in the United States of America, published its monthly Aluminum Situation report, which includes early projections indicating a 4.5 per cent decline in demand for the aluminium industry in North America...
LME aluminium opened at US$2,193 per tonne on Thursday, with its high and low at US$2,199 per tonne and US$2,176.5 per tonne, respectively, before closing at US$2,196.5 per tonne. London Metal Exchange's live price graph displayed that the 3-month official price has descended by US$10 per tonne or...
On Thursday, September 7, China’s 6063 aluminium billet inventories across five major consumption areas totalled 81,800 tonnes, registering a week-on-week hike of 12,200 tonnes or 17.53 per cent from 69,600 tonnes, found the Shanghai Metals Market data. From Monday, September 4, the inventories on...
On Friday, September 8, the A00 aluminium ingot price in China dipped by RMB 50 per tonne to a halt at RMB 19,420 per tonne, with the average prices between RMB 19,400 per tonne and RMB 19,440 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per...
In recent years, Yunnan Province has taken the lead in transferring aluminium sector capacity, capitalising on the benefits of renewable energy, and the creation of "China's Green Aluminium Valley" has reached a point where further acceleration is no longer possible. Upon the successful...
On September 7, the Shanghai Metals Market witnessed escalating aluminium prices all over China, with the SMM A00 aluminium ingot price heightening by RMB 160 per tonne to officially close at RMB 19,470 per tonne. The average prices have circled between RMB 19,450 per tonne and RMB 19,490 per...
LME aluminium opened at US$2,193 per tonne on Wednesday, with its high and low at US$2,219.5 per tonne and US$2,186 per tonne, respectively, before closing at US$2,193 per tonne. On Wednesday, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$21.5 per tonne...
The International Aluminium Institute (IAI), the only body representing the global primary aluminium industry, has announced a collaboration to promote technical development with the International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA). The partnership with ICSOBA aligns with...
