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 hikes its aluminium products price for the second time in a row. With effect from Thursday 9 July 2020, the prices of some aluminium ingots are in the range of INR 139,000-152,000 per tonne, an increase of 1.65% or INR 2,250 per tonne from INR 136,750-149,750 per tonne on July 8. With the...
Hindalco Industries Ltd has raised its aluminium products price for the second time in a row. With effect from Thursday July 9, Hindalco aluminium ingots price now stands at INR 140,250 per tonne, an increase of 1.45% or INR 2,000 per tonne from INR 138,250 per tonne on July 8. The company is now...
Following a rise of 6,900 tonnes last week, aluminium billet inventories in China have declined today, on July 9, due to a surge in shipments from warehouses in east China. SMM data shows the stocks of 6063 aluminium billets across the five major Chinese consumption areas have edge down 900 tonnes...
Following the cut on Saturday, July 4, Hindalco Industries Limited has increased its aluminium ingot price with effect from Wednesday, July 8. With the latest hike, the company’s ingot price has come in at INR 138,250 per tonne compared to INR 136,750 per tonne on July 4, meaning an increase of INR...
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and product prices with effect from Wednesday, July 8, following two consecutive hikes on June 20 and July 1. Nalco’s aluminium ingot price has been reduced by INR 2,100 per tonne or 1.5 per cent to INR 138,050-141,550 per...
Vedanta Limited has increased its aluminium ingot and aluminium billet prices with effect from July 8, following the two consecutive cuts on July 1 and July 4. The aluminium ingot price has been raised by INR 1,250 per tonne or 1 per cent to INR 136,750-149,750 per tonne. After the last cut,...
Vedanta cuts its aluminium products price after raising it for the second time in a row. With effect from Saturday 4 July 2020, the prices of some aluminium ingots are in the range of INR 135,500-148,500 per tonne, a decrease of 2.17% or INR 3,000 per tonne from INR 138,500-151,500 per tonne on...
National Aluminium Company Limited (NALCO) has increased its aluminium products price for third time in a row. With effect from Wednesday July 1, NALCO's aluminium ingots price stood at INR 140,150 – 143,650 per tonne, registering a hike of INR 100 or 0.07 per cent from INR 140,050-145,550 per...
Hindalco Industries Limited has increased its aluminium products prices by again 1 per cent for the second consecutive time, with effect from July 1, 2020. With the latest hike, the company’s aluminium ingot price has come in at INR 139,750 per tonne compared to INR 138,000 per tonne on June 27,...
Aluminium billet inventories in China have increased this week due to higher arrivals, found Shanghai Metals Market. SMM data shows the stocks of 6063 aluminium billet have rebounded by 6,900 tonnes week-on-week across five major consumption areas to stand at 73,200 tonnes, following a decline of...
Vedanta hiked its aluminium products price on Wednesday, July 1, marking the second consecutive rise in price. With effect from Wednesday 1 July 2020, the prices of some aluminium ingots are in the range of INR 138,500-151,500 per tonne, a rise of INR 1,750 per tonne or 1.28% from INR...
Hindalco Industries Ltd has raised its aluminium products price after cutting it by more than 1% on June 26. With effect from Saturday June 27, Hindalco aluminium ingots price now stands at INR 138,000 per tonne, an increase of 2.03% or INR 2,750 per tonne from INR 135,250 per tonne on June 26. The...
Vedanta has raised its aluminium products price after cutting the price of the same product for the second time in a row. With effect from Saturday 27 June 2020, the prices of some aluminium ingots are in the range of INR 136,750-149,750 per tonne, marking an increase of INR 3,000 per tonne or...
Hindalco Industries Limited has again cut its aluminium prices today, on June 26, just after reducing them yesterday by INR 2000 per tonne. This marks the second back-to-back day in a week that Hindalco has trimmed its aluminium prices. Today, the company has cut the prices by INR 1750 per tonne,...
Vedanta has reduced its aluminium products price for the second time in a row. With effect from Friday 26 June 2020, the prices of some aluminium ingots are in the range of INR 133,750-146,750 per tonne. This marks a drop of INR 2000 per tonne or 1.47% from INR 135,750-148,750 per tonne on June 25....
Vedanta has cut its aluminium products price on Thursday after raising it by more than 1% on June 18. With effect from Thursday 25 June 2020, the prices of some aluminium ingots are in the range of INR 135,750-148,750 per tonne, marking a decline of INR 2000 per tonne or 1.45% from INR...
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline this week on reduced arrivals. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 66,200 tonnes as of June 24, a decrease of 5200 tonnes from Thursday June 18. The...
National Aluminium Company Limited (NALCO) has again increased its aluminium prices with effect from Saturday, June 20, following a cut on Wednesday, June 17. According to the prices revealed by the company, aluminium ingots prices are now ranging between INR 140050 per tonne and INR 143,550 per...
