The aluminium trade graph, excluding scrap, of Argentina in the first eight months of 2026, till August, continues to surge with steady momentum, indicating an increase in shipments and export earnings of the nation. As of year-to-date (YTD) August 2026, Argentina exported a total of 48,977 tonnes, valued at USD 179.05 million. Excluding aluminium scrap, the export basket covered all the articles of aluminium products including unwrought, bars, rods and profiles, foil, plates, sheets and strips, tube or pipe fittings and aluminium wire. Explore: Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Volume and value register strong year-on-year growth Calculating the year-on-year growth,...
Vietnam’s first electrolytic aluminium project has reached another major milestone, with the second phase of the 450,000-tonne-per-year (tpa) Da Nong project producing its first batch of molten primary aluminium on October 31, 2026. The milestone, achieved by China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC), which is the project’s general contractor, came four months and three days ahead of the contractual schedule, officially moving the second phase from construction to trial production. The latest development builds on the progress made during the first phase, which produced its first batch of molten primary aluminium on July 14. By September 15, all electrolytic cells in the first phase had successfully started producing aluminium. The second...
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According to the Shanghai Metals Market, social inventories of primary aluminium in China have shrunk by 4,000 tonnes on Thursday, December 10, following a hike by the same amount last week. SMM data shows the inventories have dropped across eight major consumption areas, including SHFE warrants, to come in at 596,000 tonnes in comparison with 60,000 tonnes on December 3. The chart below indicates the current status of primary aluminium inventories across China in more details: The decline in primary aluminium inventories today, however, have not touched upon all the major Chinese cities except for Nanhai and Shanghai. While in the former, the inventories have decreased by 11,000 tonnes to stand at 141,000 tonnes, in the latter, the inventories have plunged by 2,000 tonnes to come in at...
Hindalco Industries Limited extended its aluminium ingot and aluminium product price cut on Wednesday, December 9, despite a hike in global aluminium benchmark price on the London Metal Exchange. Hindalco’s aluminium ingot price has been reduced by INR 1,500 per tonne to INR 168,750 per tonne, compared with the cut of INR 2,750 per tonne to INR 170,250 per tonne on December 8. This shows Hindalco’s aluminium ingot price was reduced slower by INR 1,250 per tonne on December 9. Hindalco’s aluminium wire rod price, as of December 9, came in at INR 179,850 per tonne, down by INR 1,500 per tonne from INR 181,350 per tonne on December 8. The company’s aluminium billets price has also been cut by INR 1,500 per tonne from INR 181,350 per tonne to INR 175,850 per tonne. The three-month futures of...
The LME complex mostly advanced on Wednesday, December 9, with aluminium increased 1.85 per cent. Benchmark aluminium price on the London Metal Exchange rose by 1.21 per cent on December 9. Both LME aluminium cash (bid) price and LME official settlement price rebounded to US$ 2010 per tonne on Wednesday, December 9, following a plunge from US$ 2004 per tonne to US$ 1986 per tonne on December 8. 3-months bid price and 3-months offer price stood at US$ 2027.50 per tonne, up by US$ 20.50 per tonne from US$ 2007 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 2062.50 per tonne. The LME aluminium opening stock decreased from 1343950 tonnes to 1338575 tonnes on December 9. Live Warrants stood at 1144850 tonnes, while Cancelled Warrants at 193725 tonnes. LME aluminium 3-months...
Rio Tinto on December 8 presented the “Clean Growth Forum – Toward a low-carbon future” under the UK in JAPAN campaign. The forum was held for a discussion on the global climate challenge. Representatives of the public and private sectors of the U.K. and Japan gave their insightful thought on how partnerships are critical to tackle climate change through technology, policy and materials. The Clean Growth Forum was officially supported by both the British Embassy Tokyo and the Japanese Ministry of the Environment. Xavier Chalbot, Rio Tinto’s Head of Strategy, said, “Rio Tinto recognises the unprecedented challenge that climate change represents but we believe it also presents opportunities. As producers of the materials essential to human progress, we are well positioned for the transition...
Vedanta has cut its aluminium products price for the second time in a row. With effect from Wednesday, December 9 2020, the prices of some aluminium ingots are in the range of INR 166,000-179,000 per tonne, down by INR 1,250 per tonne from INR 167,250-180,250 per tonne on December 8. Billet price came in at INR 174,000 per tonne on December 9, registering a decrease of INR 1,250 per tonne from INR 175,250 per tonne on December 8. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales. Vedanta has a stake in Bharat Aluminium Co Ltd and smelters at...
Benchmark aluminium price on London Metal Exchange dropped 0.9 per cent to US$ 1986 per tonne on Tuesday, 08 December 2020, from US$ 2004 per tonne on Monday. As of Tuesday December 8, LME aluminium cash (bid) price stands at US$ 1986 per tonne, LME official settlement price stands at US$ 1986 per tonne; 3-months bid price stands at US$ 2007 per tonne, 3-months offer price is US$ 2007 per tonne; Dec 21 bid price stands at US$ 2040.50 per tonne, and Dec 21 offer price stands at US$ 2040.50 per tonne. The LME aluminium opening stock stood at 1343950 tonnes. Live Warrants totalled 1153600 tonnes, and Cancelled Warrants were 190350 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2008.40 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE decreased...
China’s primary aluminium output stood at 3.16 million tonnes in November, marking a growth of 7.77% year on year, according to an SMM survey. The daily average output inched up 600 tonnes month-on-month to 105,400 tonnes in November. In January-November 2020, aluminium production climbed 4.5% year on year to 33.85 million tonnes. China’s consumption of primary aluminium was 34.83 million tonnes, up 5.81%. The operating capacity of primary aluminium was 38.79 million tonnes among 42.75 million tonnes per year of existing capacity as of early December. The operating rates across aluminium producers stood at 90.8%. Primary aluminium output in China is likely to stand at 3.27 million tonnes in December, SMM expects, while import at about 100,000 tonnes. Aluminium processors in Henan and...
Vedanta Limited has reduced the prices of its aluminium ingot and aluminium product with effect from Tuesday, December 8, following a hike last week on December 2. Vedanta has cut its aluminium ingot price by INR 2,750 per tonne or 1.62 per cent from INR 170,000-183,000 per tonne to INR 167,250-180,250 per tonne. With the latest hike, Vedanta’s aluminium wire rod price has come in at INR 174,750-182,250 per tonne, down by INR 2,750 per tonne from INR 177,500-185,000 per tonne on December 2. Vedanta’s aluminium billets price is standing at INR 175,250 per tonne versus INR 178,000 per tonne last week. Vedanta links the prices of its aluminium ingot and aluminium products to the three-month futures of aluminium on the London Metal Exchange, which started decreasing from December 3 from US$...
Hindalco Industries Limited has cut its aluminium ingot and aluminium product prices with effect from Tuesday, December 8, in line with the decline in global aluminium benchmark price on the London Metal Exchange since December 3. With the latest cut, Hindalco's aluminium ingot price has come in at INR 170,250 per tonne, down by INR 2,750 per tonne from INR 173,000 per tonne on December 2. Hindalco’s aluminium product price cut on December 8 has pulled down the price of aluminium wire rod by INR 2,750 per tonne as well. So, the price is now hovering at INR 181,350 per tonne against INR 184,100 per tonne on December 2. The company is currently selling its aluminium billets at INR 177,350 per tonne, also down by INR 2,750 per tonne from INR 180,100 per tonne. The three-month futures of...
Aluminium Bahrain (Alba) has completed a major safety milestone of 5 million working-hours without Lost Time Injury (LTI) across its operations on 07 December 2020. The company this year received five awards, including National Safety Council awards, International Safety Award with Merit from British Safety Council and Gold Medal Health and Safety Award from the Royal Society for the Prevention of Accidents (RoSPA). Alba’s Chief Executive Officer Ali Al Baqali said: “Our ability to be resilient has helped us to emerge collectively - employees and contractors - stronger than before. As we continue to grow as a Company, we also seek to continuously improve our Safety performance. At the end of the day, what really matters is the Safety of our workforce.” Alba was one of the few smelters in...
On Monday, December 7, Century Aluminum of South Carolina (CASC), a wholly-owned subsidiary of Century Aluminum Company, announced that it entered a preliminary agreement with Santee Cooper (South Carolina Public Service Authority) for a new, three-year power contract for Mt. Holly smelter. According to the contract, Santee Cooper is expected to provide a minimum 290MW of electric power to allow the smelter to increase its current production by 50 per cent. Century Aluminum is reportedly planning to add one-half of one potline to its current operation to bring up the total production to 75 per cent of Mt. Holly’s full capacity. Both Century Aluminum and Santee Cooper have agreed to extend the current contract by three months, which was previously set to expire on December 31, 2020, until...
The LME complex ended mixed on Monday, with aluminium fell 1.37 per cent. Benchmark aluminium price on the London Metal Exchange plunged by 1.16 per cent on Monday, December 7. Both LME aluminium cash (bid) price and LME official settlement price extended downfall from US$ 2027.50 per tonne on December 4 to US$ 2004 per tonne on December 7. 3-months bid price and 3-months offer price stood at US$ 2018.50 per tonne, declining by US$ 21.50 per tonne from US$ 2040 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 2046.50 per tonne. The LME aluminium opening stock decreased from 1353350 tonnes to 1350575 tonnes on December 7. Live Warrants hovered at 1155550 tonnes, while Cancelled Warrants at 195025 tonnes. LME aluminium 3-months Asian Reference Price stood at US$ 2016.50 per...
The year 2020, has been a year of happenings, a year full for negative trends starting from World War III rumours, Earthquakes, Cyclones, Locust attack, Bushfires, Worldwide economic downturn and the novel Coronavirus. The COVID-19 pandemic has alone been the biggest source of worry for people, claiming close to 1.54 million lives worldwide, and still going strong, even as the world struggles to come up with its vaccine. The hardest-hit segment from COVID-19 is the manufacturing sector. The lockdown that followed brought the manufacturing facilities to a standstill, derailing the entire global supply chain. Looking into this situation, AlCircle is launching “AlCircle Bridge” , an initiative to support owners of plant & machinery who are compelled to sell their assets but are finding it...
A00 aluminium ingot price in China has extended decline for the third day in a row to stand at RMB 16,500 per tonne on Monday, December 7, according to the Shanghai Metals Market. The price has decreased by RMB 110 per tonne, slower compared with the decline of RMB 240 per tonne on Friday, December 4. The average prices today are expected to range between RMB 16,480 per tonne and RMB 16,520 per tonne, with spot contract to be traded at a premium price of RMB 80-120 per tonne, down by RMB 10 from the previous day. In Hangzhou, A00 aluminium ingot price has decreased by RMB 180 per tonne to come in at RMB 16,520 per tonne, followed by the fall of RMB 140 per tonne in Wuxi to RMB 16,500 per tonne. In Gongyi, Foshan, and Chongqing, the primary aluminium ingot price has plunged by RMB 120 per...
Three-month LME aluminium closed1.29% higher at US$2,041 per tonne on Friday, 4 December 2020. SMM expects the contract to trade between US$2,010-2,060 per tonne today. As of Friday December 4, LME aluminium cash (bid) price stands at US$ 2027.50per tonne, LME official settlement price stands at US$ 2027.50 per tonne; 3-months bid price stands at US$ 2040 per tonne, 3-months offer price is US$ 2040 per tonne; Dec 21 bid price stands at US$ 2064.50per tonne, and Dec 21 offer price stands at US$ 2064.50 per tonne. The LME aluminium opening stock stood at 1353350 tonnes. Live Warrants totalled 1164525 tonnes, and Cancelled Warrants were 188825 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2035.50per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for...
According to a statement by a contactor associated with Tiwai Point Aluminium Smelter, all non-essential services will soon be withdrawn from the Southland plant. The contractor even said, on a condition of anonymity, that the New Zealand Aluminium Smelter staff held a meeting with some suppliers this week to notify the information. The man said the meeting was to discuss the use of existing stocks from suppliers amid the ongoing uncertainty. Another source informed that the services which have no direct impact on the smelter’s functionality would be suspended by the end of 2020. Gore Mayor and Southland Mayor forum chairman Tracy Hicks said that he also heard about the notifications given to contractors. "I can’t say for sure but I have heard ... some notifications [were] given to...
SMM aluminium ingot price started the week higher. The price on Monday, 30 November stood at RMB 16770 per tonne, up RMB 440 per tonne from Friday. The price continued to perform higher till Wednesday. Aluminium ingot price ended the week lower at RMB 16610 per tonne on Friday, 4 December 20202020, from RMB 16850 per tonne on Thursday. According to Shanghai Metals Market, primary aluminium ingot inventories continued to decline this week. Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, increased 4,000 tonnes to 600,000 tonnes as of December 3. The alumina price in China registered a growth on Tuesday and Wednesday. The price on Wednesday rose RMB4 per tonne from Tuesday. The alumina price is currently hovering at RMB 2292...
Benchmark aluminium price on the London Metal Exchange recorded a hike of 99 per cent during November 30-December 4. LME aluminium cash (bid) price and LME official settlement price started the week on Monday, November 30, at US$ 2014.50 per tonne, soaring by US$ 39.50 per tonne from US$ 1975 per tonne on November 27. On Tuesday, December 1, the prices stood higher at US$ 2045.50 per tonne, which grew further to US$ 2051.50 per tonne on Wednesday, December 2. On Thursday, December 3, both LME aluminium cash (bid) price and LME official settlement price slipped $23.50 per tonne to peg at $2028 per tonne; however, stood almost flat at US$ 2027.50 per tonne to end the week on December 4. 3-months bid price and 3-months offer price stood at US$ 2022.50 per tonne on Monday and grew on Tuesday,...
