Primary Aluminium Industry News & Market Updates

04 NOV 20265MINS

European aluminium industry ‘bruised but resilient’ amid CBAM pressure and rising ETS costs, says Paul Voss

Europe's aluminium industry is facing mounting pressure from rising carbon costs, shifting trade policies and limited willingness among buyers to pay premiums for low-carbon metal. Yet, despite a series of crises since the Covid pandemic, producers remain committed to maintaining their presence in Europe and investing in decarbonisation, said Paul Voss, Director General of European Aluminium. In an exclusive interview with Fastmarkets at Aluminium Düsseldorf, Voss described the European aluminium industry's condition as bruised but resilient. He highlighted concerns over the EU Emissions Trading System (ETS), the potential inclusion of indirect (Scope 2) emissions under the Carbon Border Adjustment Mechanism (CBAM) and the treatment of aluminium scrap in carbon accounting. Reflecting on...

LME aluminium price falters at $3,082/t with stable alumina price on November 3

04 NOV 20262MINS

Primary AL

LME aluminium price falters at $3,082/t with stable alumina price on November 3

The London Metal Exchange (LME) aluminium price graph depicted a faltering market picture. Declines over the November 2 close were reported across the pricing, contract, and inventory segments. The LME alumina Platts price remained stable at the session close. The LME aluminium cash bid as well as offer prices dipped by 0.42 per cent. The bid slipped to USD 3,081 per tonne from USD 3,094 per tonne, while the offer eased to USD 3,082 per tonne from USD 3,095 per tonne , down 0.61 per cent day-on-day. Explore: Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid contracted by 0.64 per cent to USD 3,040 per tonne from USD 3,059.5 per tonne. The offer...

03 NOV 20263MINS

Primary AL

Argentina’s exports jump 42% to nearly 50kt; unwrought aluminium drives demand

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,...

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30 OCT 20203MINS

Century Aluminum’s net sales dropped in Q3 on lower LME prices; Primary aluminium shipments down 3%

Century Aluminum Company announced its third quarter 2020 results. Shipments of primary aluminium were 203,022 tonnes in Q3, down 3% from 210,309 tonnes Q2 2020. Net sales stood at $392.9 million compared with $401.9 million for the second quarter of 2020, down 2% on lower LME prices and regional premiums. Adjusted EBITDA came in at $(31.4) million in Q3, a decrease of $36.0 million primarily driven by unfavourable LME and regional premium price realizations, and higher seasonal power costs. The company posted a net loss of $(58.2) million and a $(64.4) million net loss on an adjusted basis in Q3. The results were impacted by $6.2 million of exceptional items, including a $15.4 million lower of cost or net realizable value inventory adjustment (net of tax), offset by $8.0 million of...

29 OCT 20201MINS

Primary aluminium inventories in China extend decline this week by 7,000 tonnes to 688,000 tonnes

According to the Shanghai Metals Market, social inventories of primary aluminium have extended decline by 7,000 tonnes this week, ending on Thursday, October 29. The data shows the inventories have decreased across eight major consumption areas in China, including SHFE warrants, to come in at 688,000 tonnes. Last week, on October 22 , primary aluminium inventories fell significantly by 24,000 tonnes week-on-week to stand at 695,000 tonnes. The chart below indicates the current status of primary aluminium inventories across China in more details: Except in Gongyi and Linyi, the decline in primary aluminium inventories today has touched upon all other major Chinese cities. Wuxi has seen the highest downfall of 11,000 tonnes to 197,000 tonnes, followed by Shanghai, wherein the inventories...

29 OCT 20201MINS

Hindalco reduces aluminium ingot price by nearly 1.5% this week in line with 3-month futures fall on LME

Hindalco Industries Limited has cut its aluminium ingot and aluminium product prices with effect from Wednesday, October 28, after raising them a week ago. The company is now selling its aluminium ingot at INR 153,750 per tonne compared with 156,000 tonnes as of October 22. This represents a decrease of INR 2,250 per tonne or 1.44 per cent in Hindalco’s aluminium ingot price this week. Hindalco’s aluminium wire rod price has come in at INR 164,850 per tonne, also representing a decline of INR 2,250 per tonne from INR 167,100 per tonne. Hindalco’s aluminium billet price is hovering at INR 160,850 per tonne versus INR 163,100 per tonne on October 22. Hindalco generally links its aluminium product prices to the three-month futures of aluminium on the London Metal Exchange, which during...

29 OCT 20202MINS

A00 aluminium ingot price declines by RMB 30/t; Aluminium Alloy (A356) price stands at RMB15300/t

SMM aluminium ingot price has declined by RMB 30 per tonne to stand at RMB 14880 per tonne on Thursday, 29 October 2020 from its previous price of RMB 14740 per tonne on October 28. This marks the third consecutive decline in aluminium ingot price. The price is expected to range at RMB 14690-14730 per tonne. In Foshan and Wuxi, the price has decreased by RMB 40 per tonne and RMB 10 per tonne to stand at RMB 14680 per tonne and RMB 14740 per tonne. Their average prices are expected to range within RMB 14660-14700 per tonne and RMB 14720-14760 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 14750 per tonne and RMB 14670 per tonne, down RMB 15 per tonne and RMB 20 per tonne. Aluminium ingot prices in Shenyang, Tianjin, and Linyi have dropped to stand at RMB 14690 per...

29 OCT 20202MINS

LME aluminium price closed $7/t lower at $1801/t; SHFE plunged for the third day in a row to $2158/t

Three-month LME aluminium closed 0.52 per cent lower at US$ 1,811.5 per tonne on Wednesday, October 28, after hitting its lowest in nearly three weeks at US$ 1,802.50 per tonne earlier in the session. It is expected to trade between US$ 1,800-1,840 per tonne today. LME aluminium cash (bid) price and LME official settlement price extended decline from US$ 1808 per tonne to US$ 1801 per tonne, as of Wednesday, October 28. 3-months bid price and 3-months offer price stood at US$ 1815 per tonne, down by US$ 8 per tonne from US$ 1823 per tonne. Dec 21 bid price and Dec 21 offer price also decreased from US$ 1873.50 per tonne to US$ 1865 per tonne. The LME aluminium opening stock hovered at 1466325 tonnes. Live Warrants stood at 1216650 tonnes, while Cancelled Warrants at 249675 tonnes. LME...

28 OCT 20202MINS

Donald Trump formally removes tariffs on Canadian aluminium; threaten to re-impose, if there is surge in imports

On 27 th October’20, The President of United States, Donald Trump issued a decree towards formally removing the tariffs on raw aluminium imports from Canada, but with a threat to re-impose them, if a surge in imports crosses the northern US border. "I have determined that imports of aluminium from Canada will no longer threaten to impair the national security, and thus I have decided to reinstate Canada's exclusion from the tariff," the decree reads. The decree follows an agreement with Canada made public previous month by the US Trade Representative’s office to reinstate exclusion for Canadian imports from 10% “Section 232” national security tariffs, retroactive to 1 st September. The US President first granted the exclusion to Canada in 2019, but a surge in imports of Canadian...

28 OCT 20202MINS

Rusal’s aluminium production increases by 1.3% Q-o-Q to 939,000t in Q3 2020, VAP sales rise by 25.4%

Rusal announced that its aluminium production in the third quarter of 2020 totalled 939,000 tonnes, increasing by 1.3 per cent quarter-on-quarter from 927,000 tonnes in Q2. Siberian smelters represented 93% of the output. Rusal’s aluminium production increased in the third quarter after a drop in the earlier quarter by 1.4 per cent Q-o-Q. Aluminium sales continued to rise quarter-on-quarter, albeit slower than the previous quarter, to amount to 1.008 million tonnes in Q3 2020 versus 976,000 tonnes in Q2. In the September quarter, sales volume increased by 3.3 per cent, while in the June quarter it raised by 6.8 per cent. Sales of value added products also increased quarter-on-quarter by 25.4 per cent to 455,000 tonnes, demonstrating a recovery of VAP share in total sales mix to 45 per...

28 OCT 20201MINS

Vedanta reduces its aluminium ingot price by INR 2,000/t with effect from October 28

Vedanta has dropped its aluminium products price on Wednesday, 28 October 2020. The prices of some aluminium ingots are in the range of INR 151,750-164,750 per tonne, representing a decline of INR 2,000 per tonne from INR 153,750-166,750 per tonne on October 22. The company’s billet price came in at INR 159,750 per tonne on October 28, a decrease of INR 2,000 per tonne from INR 161,750 per tonne on October 22. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The LME aluminium prices have been rising so far in 2020. 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 Jharsuguda in Odisha. It...

28 OCT 20201MINS

No new aluminium production in China’s West, suggests Environment Ministry

On Tuesday, October 27, China’s environment ministry said no new aluminium production would be encouraged in the country’s sprawling western region, which occupies more than half the country’s total land area, including the Xinjiang region. Aluminium smelters in China have been increasingly building plants in western parts of the country, particularly in Yunnan, owing to its rich source of cleaner hydropower. Ministry gave the same suggestion for coke as well. In response to a National Development and Reform Commission (NDRC) document released in August on “encouraged industries” for China’s West, the Ministry of Ecology and Environment said aluminium and coke be excluded from the list. “Coking and electrolytic aluminium are high-polluting and high-energy consuming industries and they...

28 OCT 20201MINS

Chalco’s net profits quadrupled in Q3; Aluminium production declined 5.3%

Aluminum Corporation of China Limited, known as Chalco, reported 5.3% year-on-year drop in third-quarter production to 900,000 tonnes. The primary aluminium output declined by 2.8% year-on-year to 2.76 million tonnes in the first nine months of 2020, Reuters reported. The company said in a Hong Kong stock exchange filing that its third quarter net profit quadrupled from a year earlier on substantial cut in operating costs. Net income stood at 416.06 million yuan for July-September, from 103.87 million yuan a year earlier. In the first nine months, net profits came in at 451.78 million yuan, down 44.3% year-on-year. Chalco’s revenue dropped 3.5% to 49.05 billion yuan but a 5.2% cut in total cost of operations saw Chalco firmly in the black. The production of alumina came in at 10.74...

28 OCT 20201MINS

Unifor union regrets the indefinite closure of Rio Tinto’s Aluminium alloy ingot plant in Beauharnois, Canada

Rio Tinto’s indefinite closure of aluminium alloy ingot plant in Beauharnois, Quebec, has been considered as an unexpected on workers and their Unifor Union, Canada's largest private-sector union, with over 300,000 members in a diverse range of sectors, across the country. On 26 th October’20, Renaud Gagné, Quebec Director, Unifor, said: “This is very bad news. A hard blow for our members as the holiday season approaches.” “In addition to the layoff notices and bonuses that will be offered to them in accordance with the collective agreement, workers will have the opportunity to go and work in Saguenay in one of the Rio Tinto factories,” Mr Gagné added. In the last one year, a 60% drop in contracts has made the employer to decide for the closure of the plant. The weekly yield dropped from...

28 OCT 20202MINS

Three-month LME aluminium closed down at US$1,821/t; SHFE aluminium fell 0.24%

Three-month LME aluminium hit its lowest in more than two weeks at US$1,812 per tonne earlier in the session, closing down 0.05% to settle at US$1,821 per tonne on Tuesday. It is expected to fluctuate between US$1,800-1,840 per tonne today. As of Tuesday October 27, LME aluminium cash (bid) price stands at US$ 1808 per tonne, LME official settlement price stands at US$ 1808 per tonne; 3-months bid price stands at US$ 1823 per tonne, 3-months offer price is US$ 1823 per tonne; Dec 21 bid price stands at US$ 1873.50 per tonne, and Dec 21 offer price stands at US$ 1873.50 per tonne. The LME aluminium opening stock stood at 1469000 tonnes. Live Warrants totalled 1216650 tonnes, and Cancelled Warrants were 252350tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1830.66...

27 OCT 20203MINS

Alba made a loss of BD 11.6 million in Q3 2020 as its Revenue from Contracts with Customers declined 8.5% YoY

Aluminium Bahrain B.S.C. (Alba) has reported its financial results for the third quarter and nine months of 2020, revealing that it experienced a loss of BD 11.6 million (US$31 million) in Q3, up by 209 per cent year-on-year from a profit of BD 10.7 million (US$28.4 million). In total nine months of the year, Alba made a loss of BD22.3 million (US$59.2 million), up by 164 per cent year-on-year from a Loss of BD8.4 million (US$22.4 million). With regards to the Revenue from Contracts with Customers in the third quarter of 2020, Alba generated BD262.7 million (US$698.6 million) versus BD287.1 million (US$763.6 million) in Q3 2019 - down by 8.5 per cent YoY. During January-September, total Revenue from Contracts with Customers reached BD782.6 million (US$2,081.5 million), up by 6% YoY from...

27 OCT 20202MINS

A00 aluminium ingot price edges lower by RMB 60/t; Aluminium Alloy (A356) price stands RMB50/t lower

A00 aluminium ingot price has edged lower by RMB 60 per tonne on Tuesday, 27 October 2020 after remaining flat October 26. The price now stands at RMB 14880 per tonne today, from its previous price of RMB 14940 per tonne. The price is expected to range at RMB 14860-14900 per tonne. In Foshan and Wuxi, the price has decreased by RMB 70 per tonne and RMB 40 per tonne to stand at RMB 14850 per tonne and RMB 14880 per tonne. Their average prices are expected to range within RMB 14830-14870 per tonne and RMB 14870-14890 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 14900 per tonne and RMB 14865 per tonne, down RMB 30 per tonne and RMB 25 per tonne. Aluminium ingot prices in Tianjin, Linyi and Gongyi have dropped to stand at RMB 14870 per tonne, RMB 14890 per tonne, and RMB...

27 OCT 20202MINS

LME aluminium price shed $6.5/t to settle at $1822.5/t; SHFE price decreased to $2200/t

Three-month LME aluminium shed 1.11 per cent to settle at US$ 1,822 per tonne on Monday, after hitting its lowest in more than two weeks at US$ 1,821.5 per tonne earlier in the session. It is likely to fluctuate between US$ 1,810-1,850 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased by US$ 6.5 per tonne from US$ 1829 per tonne to US$ 1822.50 per tonne, as of Monday, October 26. 3-months bid price and 3-months offer price stood at US$ 1837.50 per tonne, down by US$ 5 per tonne from US$ 1842.50 per tonne on October 23. Dec 21 bid price and Dec 21 offer price declined from US$ 1895.50 per tonne to US$ 1890.50 per tonne. The LME aluminium opening stock hovered at 1473900 tonnes. Live Warrants stood at 1216650 tonnes, while Cancelled Warrants at...

26 OCT 20203MINS

Rusal America Corp secures low carbon Aluminium supply contracts to two Mexican downstream manufacturers

On 22 nd October’20, Brian Hesse, President and CEO, Rusal America Corporation, said: “Rusal America Corp has secured ‘green’ aluminium supply contracts with two separate Mexican downstream manufacturers, with one being the ‘greenest’ slab contract ever signed in North America.” “Mexican manufacturers are leading the green aluminium charge in North America, realizing that consumers will start demanding it”, he said. Rusal America has already signed contracts for its low-carbon allow brand with two different Mexican downstream aluminium producers for aluminium billet and slab. Hesse said: “Neither of those contracts includes an additional ‘green’ premium on top of the value-added premiums outlined in the deals.” Lord Gregory Barker, En+ Group Chairman in June’20 said: “Green premium was...

26 OCT 20202MINS

Primary aluminium production in East & Central Europe declines by 3% M-o-M in September 2020

According to the International Aluminium Institute data, East & Central Europe produced 338,000 tonnes of primary aluminium in September 2020 compared with 349,000 tonnes in August. This means the production in East & Central Europe shrank by 11,000 tonnes or 3.15 per cent month-on-month in September 2020. On a year-on-basis, the production in September 2020 stood down by 6,000 tonnes or 1.74 per cent from 344,000 tonnes. In the third quarter of 2020, primary aluminium production in East & Central Europe came in at 1.03 million tonnes, flat quarter-on-quarter but down by 2.83 per cent from 1.06 million tonnes in Q3 2019. Total primary aluminium production in East & Central Europe during the first nine months of 2020 stood at 3.11 million tonnes, slightly up from 3.10 million tonnes during...

26 OCT 20202MINS

Three-month LME aluminium closed lower at US$1,842.5/t on Friday; SHFE aluminium fell 0.24%

Three-month LME aluminium declined 0.3% to close at US$1,842.5 per tonne on last Friday, with open interest rising to 747,000 lots. SMM expects the contract to trade between US$1,830-1,870 per tonne today. As of Friday October 23, LME aluminium cash (bid) price stands at US$ 1829 per tonne, LME official settlement price stands at US$ 1829 per tonne; 3-months bid price stands at US$ 1842.50 per tonne, 3-months offer price is US$ 1842.50per tonne; Dec 21 bid price stands at US$ 1895.50per tonne, and Dec 21 offer price stands at US$ 1895.50per tonne. The LME aluminium opening stock stood at 1479075 tonnes. Live Warrants totalled 1258250 tonnes, and Cancelled Warrants were 220825 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1843 per tonne. SHFE Aluminium Price Trend...

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