Inventory overview: 850,000 tonnes arrives as expected; destocking pace slows marginally China’s aluminium ingot social inventory fell steadily from a phase high of 1.13 million tonnes in early July, with destocking of more than 170,000 tonnes in July alone. In August, the pace of destocking slowed...
Aluminium billet inventory fell to 139,500 tonnes, warehouse withdrawals recovered and processing fees were broadly under pressure. According to SMM statistics, China's aluminium billet inventory in major consumption areas recorded 139,500 tonnes on August 27, down 5,000 tonnes from last Monday and...
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Hindalco Industries Limited increased its aluminium products prices by INR 4,500 per tonne or 2 per cent with effect from Saturday, June 26. Hindalco’s aluminium wire rod price came in at INR 221,100 per tonne on June 26 compared to INR 216,600 per tonne on June 24. The company’s aluminium billets...
Vedanta Limited increased its aluminium ingot and aluminium products prices for the second day in a row with effect from Thursday, June 24. The company raised its aluminium wire rod price by INR 1,750 per tonne to INR 212,750-220,250 per tonne on June 24, followed by a hike of INR 1,500 per tonne...
Aluminium billet inventories in China have dropped by 3,500 tonnes week-on-week across the five major consumption areas to come in at 97,300 tonnes on Thursday, June 24. Last week on June 17, aluminium billet inventories stood at 100,700 tonnes, registering a week-on-week increase of 12,400 tonnes....
Hindalco Industries Limited reduced its aluminium ingot and aluminium product prices for the fourth time in a row with effect from Wednesday, June 22. The company cut its aluminium ingot price by INR 1,500 per tonne to INR 202,250 per tonne on June 22. On June 19, the price stood at INR 203,750 per...
Vedanta Limited has further reduced its aluminium products prices, although lower than the previous, with effect from Tuesday, June 22. Vedanta has cut its aluminium wire rod price by INR 1,500 per tonne or 0.71 per cent from INR 211,000-218,500 per tonne on June 19 to INR 209,500-217,000 per tonne...
Vedanta Limited has reported that it has reduced its aluminium products and aluminium ingot prices for the second time in a row on Saturday, June 19. The company has updated that it is now selling its aluminium wire rod at INR 211,000-218,500 per tonne – 2 per cent or INR 4,250 per tonne lesser...
According to the Shanghai Metals Market, aluminium billet inventories in China have built-up 12,400 tonnes or 14 per cent from a week ago to come in at 100,700 tonnes as of Thursday, June 17. With aluminium prices still fluctuating at a high level, there has been a seasonal weakening of...
Hindalco Industries Limited has cut its aluminium products price by INR 3,500 per tonne. With effect from Wednesday, 16 June 2021, aluminium billets and wire rods prices stand at INR 215,600 per tonne and INR 219,600 per tonne. This is down by INR 3,500 per tonne from June 12’s price of INR 219,100...
Vedanta has slashed its aluminium products price by more than 1% after marking a hike yesterday. With effect from Wednesday, 16 June 2021, the prices of some aluminium ingots have reduced by INR 3,500 per tonne to stand at INR 207,750-220,750 per tonne, from INR 211,250-224,250- per tonne on June...
Hindalco Industries Limited has raised its aluminium products price for the third time in a row. With effect from Tuesday, 15 June 2021, aluminium billets price and wire rods have come in at INR 219,100 per tonne and INR 223,100 per tonne, an increase of INR 1,500 per tonne from June 12’s price of...
Hindalco Industries Limited has continued to increase its aluminium products price. With effect from Saturday, 12 June 2021, aluminium billets price stands at INR 217,600 per tonne. This marks an increase of up 0.93% or INR 2,000 per tonne from INR 215,600 per tonne on June 10. The wire rods and...
Vedanta Limited has further increased its aluminium ingot and aluminium products prices for the fifth time in a row, with effect from Tuesday, June 15. Vedanta’s aluminium ingot price has been raised by INR 1,750 per tonne or 0.80 per cent to INR 211,250-224,250 per tonne as of June 15. On...
Vedanta Limited increased its aluminium products and aluminium ingot prices for the fourth time in a row with effect from Saturday, June 12. Vedanta’s aluminium wire rod price came in at INR 217,000-224,500 per tonne, up by INR 2,500 per tonne or 1.16 per cent from INR 214,500-222,000 per tonne on...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 1,100 tonnes from previous week to stand at 88,400 tonnes as of Thursday, 10 June 2021. Aluminium billet outbound volume reduced by 4,600 tonnes to 44,300 tonnes last week,...
Hindalco Industries Limited has hiked its aluminium products price by INR 2,000 per tonne. With effect from Thursday, 10 June 2021, aluminium billets price stands at INR 215,600 per tonne, up 0.94% from INR 213,600 per tonne on June 9. The wire rods and aluminium ingots prices have increased by INR...
Hindalco Industries Limited has further increased its aluminium products and aluminium ingot prices by INR 1,750 per tonne, with effect from Wednesday, June 9. The company’s aluminium wire rod price has thus come in at INR 217,600 per tonne as against INR 215,850 per tonne on June 5. Hindalco is...
Vedanta Limited has expanded its aluminium ingot and aluminium products prices for the second time in a row since the last cut on June 4. With effect from Wednesday, June 9, Vedanta has increased its aluminium ingot price by INR 1,500 per tonne to INR 205,000-218,000 per tonne. The company is...
Hindalco Industries Limited has raised its aluminium products price after cutting it on Friday, 04 June. With effect from Saturday 05 June 2021, aluminium billets price stands at INR 211,850 per tonne, up INR 1,750 per tonne or 0.83% from INR 210,100 per tonne on June 4. The wire rods and aluminium...
