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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Vedanta has increased the prices of its aluminium product and aluminium ingot for the third time in a row, with effect from Friday, November 13. The last time Vedanta hiked its aluminium prices was on November 4. This week, the company has raised its aluminium wire rods price by INR 1,500 per tonne...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined 6,700 tonnes from previous week to stand at 87,900 tonne as of Thursday, 12 November 2020. Stocks in Foshan dropped sharply this week The chart below indicates the current...
Hindalco Industries Limited further increased the prices of its aluminium ingot and aluminium products on November 4, marking the third consecutive hike since October 31. The price of Hindalco’s aluminium ingot is now standing at INR 161,750 per tonne after an increase of INR 4,750 per tonne or...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased this week due to higher arrivals. The inventories rose 4,400 tonnes from previous week to stand at 94,500 tonne as of Thursday, 05 November 2020. The chart below indicates the...
Vedanta has hiked its aluminium products price for the second time in a row. With effect from Wednesday, 04 November 2020, the prices of some aluminium ingots are in the range of INR 159,500-172,500 per tonne. That was up by INR 4,500 per tonne from INR 155,000-168,000 per tonne on November 3. The...
Vedanta’s aluminium ingot and aluminium product prices have been raised significantly with effect from November 3, following back-to-back declines on October 28 and 30. The company has grown its aluminium ingot price by INR 4,750 per tonne or 3.16 per cent on November 3 from INR 150,250-163,250 per...
Hindalco Industries Limited has extended the growth of its aluminium product prices with effect from Tuesday, November 3. The price of Hindalco’s aluminium wire rods has been raised by INR 1,750 per tonne from INR 166,350 per tonne to INR 168,100 per tonne, as of November 3. With the latest hike,...
Vedanta has continued to reduce its aluminium products price. With effect from Friday, 30 October 2020, the prices of some aluminium ingots are in the range of INR 150,250-163,250 per tonne, marking a decline of INR 1,500 per tonne from INR 151,750-164,750 per tonne on October 28. The company’s...
Hindalco Industries Limited has reduced its aluminium products price for the second time in a row. With effect from Friday, 30 October 2020, the company’s wire rods price stands at INR 163,600 per tonne, down by INR 1,250 per tonne, from INR 164,850 tonne on October 28. Aluminium billets price to...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped 700 tonnes from previous week to stand at 90,200 tonne as of Thursday, 29 October 2020. The chart below indicates the current status of aluminium billet inventories across China...
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...
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...
Hindalco Industries Limited has raised its aluminium products price after declining it for the second time in a row. With effect from Thursday, 22 October 2020, the company’s wire rods price stands at INR 167,100 per tonne, up by INR 1,750 per tonne, from INR 165,350 tonne on October 21. Aluminium...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped 11,600 tonnes on smaller arrivals at warehouses. Aluminium billet inventories stood at 90,900 tonne as of Thursday, 22 October 2020. The chart below indicates the current status...
Vedanta has increased its aluminium products price after declining it for the second time in a row. With effect from Thursday, 22 October 2020, the prices of some aluminium ingots are in the range of INR 153,750-166,750 per tonne, marking a growth of INR 1,500 per tonne from INR 152,250-165,250 per...
Hindalco Industries Limited has reduced its aluminium products price for the second time in a row. With effect from Wednesday, 21 October 2020, the company’s wire rods price stands at INR 165,350 per tonne, down by INR 2,000 per tonne, from INR 167,350 per tonne on October 20. Aluminium billets...
Vedanta has reduced its aluminium products price for the second time in a row. With effect from Wednesday, 21 October 2020, the prices of some aluminium ingots are in the range of INR 152,250-165,250 per tonne, a decline of INR 2,000 per tonne or 1.3% from INR 154,250-167,250 per tonne on October...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium product prices by INR 1,250 per tonne with effect from Tuesday, October 20, following a sharp hike of INR 3,500 per tonne on Saturday, October 17. With the latest cut, Hindalco’s aluminium ingot price has come in at INR...
