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...
Grow with
AL Circle
Vedanta has increased its aluminium products price by INR 3,750 per tonne. With effect from Tuesday, 16 March 2021, the prices of some aluminium ingots are in the range of INR 182,750-195,750 per tonne, representing a hike of more than 2% from INR 179,000-192,000 per tonne on March 13. The...
Hindalco Industries Limited has raised its aluminium products price after cutting it for the second time in a row. With effect from Tuesday, 16 March 2021, aluminium billets price stands at INR 191,600 per tonne, an increase of INR 3,500 per tonne from INR 188,100 per tonne on March 13. The company...
Hindalco Industries Limited has cut its aluminium products price for the second time in a row. With effect from Saturday, 13 March 2021, aluminium billets price stands at INR 188,100 per tonne. This is down by INR 1,750 per tonne from INR 189,850 per tonne on March 9. Aluminium ingot and wire rods...
Vedanta has cut its aluminium products price for the second day in a row. With effect from Saturday, 13 March 2021, the prices of some aluminium ingots are in the range of INR 179,000-192,000 per tonne, marking a decrease of 1.1% or INR 2,000 per tonne from INR 181,000-194,000 per tonne on March 9....
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined for the first time after the Chinese New Year. Inventories of aluminium billet decreased 9,500 tonnes from a week ago to 236,800 tonnes as of Thursday March 11. The chart below...
Hindalco Industries Limited has hiked its aluminium products price after cutting it on Friday. With effect from Saturday, 06 March 2021, aluminium billets price stands at INR 191,850 per tonne, an increase of INR 1,500 per tonne from INR 190,350 per tonne on March 5. The company’s aluminium ingot...
Vedanta has hiked its aluminium products price by INR 1,500 per tonne. With effect from Saturday, 06 March 2021, the prices of some aluminium ingots are in the range of INR 183,000-196,000 per tonne, representing an increase of 0.83 per cent from INR 181,500-194,500 per tonne on March 5. The...
Hindalco Industries Limited has cut its aluminium products price after hiking it for the second time in a row. With effect from Friday, 05 March 2021, aluminium billets price stands at INR 190,350 per tonne. This is down by INR 2,750 per tonne from INR 193,100 per tonne on March 4. The company is...
Shanghai Metals Market data found a further rise in China’s 6063 aluminium billet inventories, although slower than the previous week, across the five major consumption areas, including SHFE warrants. Data shows the inventories have grown by 7,000 tonnes over the week, ending on Thursday, March 4,...
Vedanta Limited has increased its aluminium products and aluminium ingot prices for the second day in a row, with effect from Thursday, March 4. The price of Vedanta's aluminium wire rod has been raised by INR 1,250 per tonne to INR 192,500 – 200,000 per tonne, in comparison with INR 191,250 –...
Hindalco Industries Limited has hikes its aluminium products price for the second time in a row. With effect from Thursday, 04 March 2021, aluminium billets price stands at INR 193,100 per tonne, marking a growth of INR 2,000 per tonne from INR 191,100 per tonne on March 3. The company’s aluminium...
Sanjeev Gupta’s Alvance Aluminium, a subsidiary of GFG Alliance is going to hold two extra live sessions in regards to the consultation on plans for a new £94 million recycling and aluminium billet plant at its Lochaber smelter in Fort William. Until 15 th March 2021, the public consultation will...
Vedanta Limited has reduced its aluminium ingot and aluminium products prices with effect from Tuesday, March 2, after a colossal hike of INR 7,250 per tonne on Friday, February 26. The company has cut its aluminium ingot price by INR 3,500 per tonne from INR 185,250 – 198,250 per tonne on Friday...
Hindalco Industries Limited has raised its aluminium products price by INR 7,250 per tonne. With effect from Friday, 26 February 2021, wire rods price stands at INR 196,600 per tonne. This is an increase of 3.83 per cent from INR 189,350 per tonne on February 24. The company is selling its...
National Aluminium Company Limited (NALCO) further expanded its aluminium products and aluminium ingot prices for the fifth consecutive time on Friday, February 26. Similar to the previous week, on February 19, the company raised its aluminium wire rod price by INR 5,400 per tonne to INR 185,250-...
Vedanta Limited has raised its aluminium ingot and aluminium products prices significantly with effect from Friday, February 26, following an intervening cut on February 24. The increase in Vedanta’s aluminium prices is in line with the highest ever surge of US$ 77.50 per tonne in the LME aluminium...
Vedanta has cut its aluminium products price after hiking it for the fifth time in a row. With effect from Wednesday, 24 February 2021, the prices of some aluminium ingots are in the range of INR 191,000-178,000 per tonne, representing a decline of INR 1,750 per tonne from INR 192,750-179,750 per...
Hindalco Industries Limited has reduced its aluminium products price today. With effect from Wednesday, 24 February 2021, wire rods price stands at INR 189,350 per tonne, a drop of INR 1,750 per tonne from INR 191,100 per tonne on February 19. The company is selling its aluminium billets and...
