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 has raised the aluminium products price for the second time in a row. With effect from Wednesday, 07 October 2020, the company’s wire rods price has increased to stand at INR 159,850 per tonne, an increase of INR 1,250 per tonne from INR 158,600 per tonne on October 6....
Hindalco Industries Limited has hiked its aluminium products price today after cutting it on October 2. With effect from Tuesday, 06 October 2020, the company’s wire rods price has increased to stand at INR 158,600 per tonne, an increase of INR 1,750 per tonne from INR 156,850 per tonne on October...
Vedanta has raised its aluminium ingot price after declining the price of the same product on October 2. With effect from Tuesday, 06 October 2020, the prices of some aluminium ingots are in the range of INR 145,500-158,500 per tonne, registering a growth of INR 2,000 per tonne from INR...
Vedanta has reduced its aluminium ingot price today after hiking the price of the same products by INR 1,500 per tonne on September 29. With effect from Friday, 02 October 2020, the prices of some aluminium ingots are in the range of INR 143,500-156,500 per tonne, marking a decline of INR 2,250 per...
National Aluminium Company Limited (NALCO) has raised its aluminium products price after declining it for the second time in a row. With effect from Wednesday, 30 September 2020, NALCO's aluminium ingots price stood at INR 149,050 – 152,550 per tonne, marking a growth of INR 3,800 from INR...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped 7,900 tonnes on smaller arrivals. Aluminium billet inventories stood at 63,600 tonne as of Wednesday September 30. The chart below indicates the current status of aluminium...
Hindalco Industries Limited has raised aluminium products price after declining it for the second time in a row. With effect from Tuesday, 29 September 2020, the company’s wire rods price has come in at INR 158,100 per tonne. That is up by INR 1,500 per tonne from INR 156,600 per tonne on September...
According to the Shanghai Metals Market, China's aluminium billet inventories have continued to increase this week ending on Thursday, September 24, marking the fourth consecutive week of rise. The inventories are now standing at 71,500 tonnes after gaining 3,900 tonnes over the week across five...
Hindalco Industries Limited has continued to reduces its aluminium products price for the second time in a row. With effect from Thursday, 24 September 2020, , the company’s wire rods price stands at INR 156,600 per tonne, marking a drop of INR 1,500 per tonne from INR 158,100 per tonne on...
Hindalco Industries Limited’s aluminium products price has declined after remaining restraint for a month. With effect from Saturday, 19 September 2020, the company’s wire rods price stands at INR 158,100 per tonne, registering a drop of INR 1,250 per tonne from INR 159,350 per tonne on August 22....
Vedanta has reduced its aluminium ingot price today after hiking the price of the same products by INR 2,000 per tonne on Wednesday. With effect from Friday, 18 September 2020, the prices of some aluminium ingots are in the range of INR 146,500-159,500 per tonne, marking a decline of INR 1,250 per...
Gränges has inked an agreement for the acquisition of the remaining 49 per cent of the shares in GETEK GmbH as well as the business Dispal® for EUR 8.5 million from Erbslöh Aluminium GmbH. The deal includes assets, intellectual properties and trademark Dispal®. “GETEK and Dispal® adds new...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased 4,000 tonnes from last week. Higher arrivals at warehouses accounted for the increase in aluminium billet stocks. Aluminium billet inventories came in at 67,600 tonne as of...
A new smelter will be built adjacent to its billet manufacturing facilities to recycle scrap aluminium from Rio Tinto and its customers who turn ingots into value-added products. The facilities will have the capacity to remelt 30,000 tonnes of scrap per year to manufacture new billets. The billets...
Vedanta has hiked its aluminium ingot price today after cutting the price of the same products last week. With effect from Wednesday, 16 September 2020, the prices of some aluminium ingots are in the range of INR 147,750-160,750 per tonne. That is up INR 2,000 per tonne from INR 145,750-158,750 per...
National Aluminium Company Limited (NALCO) has decreased its aluminium products price after hiking it for the fourth time in a row. With effect from Friday, 11 September 2020, NALCO's aluminium ingots price stood at INR 147,850 – 151,350 per tonne, registering a decline of INR 2,200 or 1.47 per...
Vedanta has declined its aluminium products price after twenty days of restraint. With effect from Friday, 11 September 2020, the prices of some aluminium ingots are in the range of INR 145,750-158,750 per tonne, marking a drop of INR 1,250 per tonne from INR 147,000-160,000 per tonne on Saturday...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased 4,000 tonnes from last week. Higher arrivals at warehouses accounted for the increase in aluminium billet stocks. Aluminium billet inventories now stood at 60,200 tonne as of...
