China's aluminium production reached a record high in August as strong margins encouraged smelters to maximise output, bringing the world's largest aluminium producer closer to its longstanding national capacity ceiling. Primary aluminium output rose 4.7 per cent year on year to 3.98 million tonnes...
The proposed USD 4 billion aluminium smelter in Inola, Oklahoma, has entered another review phase as the US continues efforts to strengthen domestic aluminium production. Inola town trustees have unanimously extended the moratorium on the project through April 7, 2027, giving the proposed...
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LME aluminium opened at US$2,139 per tonne on Thursday, with its low and high at US$2,127 per tonne and US$2,153 per tonne, respectively, before closing at US$2,130 per tonne, a drop of US$7 per tonne or 0.33 per cent. On Thursday, July 6, both LME aluminium cash bid price and LME aluminium...
The Shanghai Metal Market, today, on July 7, has recorded an RMB 70 per tonne slump in China’s aluminium spot price, with it officially resting at RMB 18,210 per tonne, with average prices hovering between RMB 18,190 per tonne and RMB 18,230 per tonne. The highest bid price recorded this year was...
Epsilon Carbon, an eminent Indian manufacturer specializing in coal tar pitch derivatives, has recently entered into a partnership with South32, an international mining and metals corporation. The agreement entails importing liquid coal tar pitch from Epsilon Carbon to South32's South Africa and...
On Thursday, July 6, A00 aluminium ingot price in China has dropped by RMB 40 per tonne to close at RMB 18,280 per tonne. The average prices are expected to range between RMB 18,260 per tonne and RMB 18,300 per tonne, and the spot prices may be traded at a discount price of RMB 20 per tonne to a...
On Wednesday, July 5, the LME aluminium cash bid price dropped down by US$9.50 per tonne or 0.45 per cent to rest at US$2,092.50 per tonne, while the LME official settlement price locked at US$2,093 per tonne, with a similar loss. The 3-month bid price and the 3-month offer price plunged by US$9.50...
A00 aluminium ingot price in China has plummeted by RMB 220 per tonne to settle at RMB 18,320 per tonne on Wednesday, July 5, found the Shanghai Metals Market. The drastic fall has lowered the price week-on-week by RMB 250 per tonne and month-on-month by RMB 90 per tonne. Today, the average prices...
LME aluminium opened at US$2,227.5 per tonne on Tuesday, with its low and high at US$2,201 per tonne and US$2,249 per tonne, respectively, before closing at US$2,247 per tonne, up US$19 per tonne or 0.58 per cent. On Tuesday, July 4, both LME aluminium cash bid price and LME aluminium official...
The Chairman of the Board of Aluminium Bahrain B.S.C. (Alba) Shaikh Daij bin Salman bin Daij Al Khalifa during his recent field tour to Mitsubishi Heavy Industries (M.H.I.)’s Takasago Machinery Works and Hydrogen Park, in Hyogo Prefecture Japan stated, “We are very excited to witness first-hand the...
Two days to go to the 27th International Conference on Non-ferrous Metals and here is the complete itinerary of the 2-day event at Hotel Chanakya BNR, Ranchi, India. The event, organised by Corporate Monitor in association with JNARDDC, will begin on July 7 with an inaugural session starting at 10...
Luciano Alves, a production engineer from Escola Politécnica da USP with over twenty years of experience in finance, strategic planning, and M&A, has taken over as CEO at Companhia Brasileira de Alumínio (CBA) in May. Alves joined the investor relations department after serving as Chief Financial...
Aluminium smelters in Yunnan province, China, have begun increasing production as restrictions on power usage have been eased following a recovery in hydropower output, said an analyst to Reuters. According to Li Lin, aluminium director at Chinese consultancy Aize, about 2.35 million tonnes of...
Aluminium China is a prominent event that unites value chain resources from the aluminium industry and diverse applications both locally and globally. Renowned as a leading international exhibition for the aluminium sector, it eagerly presents the newest advancements, technologies, and trends...
On Tuesday, June 4, A00 aluminium ingot price in China has dropped by RMB 10 per tonne to halt at RMB 18,540 per tonne, as heavy rainfall in the Yunnan region has resulted in a drop in production. The spot contract price is expected to be traded at a premium price of RMB 150 and RMB 190 per tonne....
The Indian Prime Minister Narendra Modi's recent visit to the United States and Egypt has brought in a solution from both the economic and strategic perspectives. The bilateral meeting among the three countries has resolved six major disputes at World Trade Organisation related to aluminium, steel,...
On July 3, Monday, the LME aluminium cash bid price halted at US$2,105 per tonne and the LME aluminium official settlement price anchored at US$2,107 per tonne, witnessing a surge of US$9 per tonne and US$10.50 per tonne, respectively. The LME cash bid price spiked by 0.43 per cent, and the LME...
According to the Shanghai Metal Market, the aluminium spot price in China has spiked by RMB10 per tonne to RMB 18,550 per tonne, with average prices hovering between RMB 18,530 per tonne and RMB 18,570 per tonne, today, July 3. The aluminium spot price has returned to the price range it started the...
LME aluminium opened at US$2,161 per tonne last Friday, with its low and high at US$2,134 per tonne and US$2,179 per tonne, respectively, before closing at US$2,156 per tonne, a drop of US$5 per tonne or 0.23 per cent. On Friday, June 30, both LME aluminium cash bid price and LME aluminium official...
In June 2023, the global aluminium industry experienced a combination of instability and a downward price trend, affecting both the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). Despite the challenges, the aluminium value chain worldwide remains committed to pursuing a...
