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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According to Shanghai Metals Market, the aluminium billet inventories in China have continued to decline this week ending Thursday, May 28, driven by healthy demand and limited arrivals of stocks to warehouses. SMM data shows the aluminium billet inventories have decreased by 15,600 tonnes over the...
Vedanta has increased aluminium ingot and billets price on Thursday after cutting the price of same product by more than 1.5% on Wednesday, May 27. With effect from Thursday May 28, the prices of some aluminium ingots are in the range of INR 133,000-146,000 per tonne, marking an increase of INR...
After raising aluminium prices for the three times in a row, Vedanta has reduced both aluminium ingots and billets prices as of Wednesday, May 27. After the cut, Vedanta’s aluminium ingot prices are ranging between INR 131,750 per tonne and INR 144,750 per tonne, down by INR 2,250 per tonne or 1.68...
Hindalco Industries Ltd has increased prices of its aluminium ingots, billets and wire rods by 2%. This marked the second consecutive in price of the same products. With effect from May 22, the price for Hindalco aluminium ingots are now hovering at INR 133,750 per tonne, an increase of 1.71% or...
Vedanta has further increased its aluminium ingots and billets prices, with effect from Friday, May 22. This marks the third consecutive rise in Vedanta’s aluminium prices. The prices of some aluminium ingots after the growth are hovering in the range of INR 134,000-147,000 per tonne, up by INR...
Hindalco Industries Ltd has raised prices of its aluminium ingots, billets and wire rods after cutting the prices of the same products by 4%.With effect from May 20, the price for Hindalco aluminium ingots now stands at INR 131,500 per tonne, an increase of 1.54% or INR 2,000 per tonne from INR...
China’s aluminium billet inventories, across five major consumption areas, expanded decline this week ending on Thursday, May 21, by 20,000 tonnes to stand at 92.800 tonnes, according to Shanghai Metals Market. Stable shipments from warehouses in contrast to limited arrivals could be attributed to...
Vedanta has increased its aluminium ingot and billets price for the second time in a row. With effect from Wednesday May 20, the prices of some aluminium ingots are in the range of INR 132,000-145,000 per tonne. This marks a growth of INR 1500 per tonne or 1.15% from INR 130,500-143,500 per tonne...
Vedanta has raised its aluminium ingot price by INRINR 1250 per tonne or 0.97% after cutting them two times in a row. The price is increased to INR 130,500-143,500 per tonne, with effect from May 19. The aluminium ingot price was in the range of INR 129,250-142,250 per tonne on May 17. With the...
Vedanta has cut its aluminium ingot price for the second time in a row. With effect from May 17, the prices of some ingots are in the range of INR 129,250-142,250 per tonne. This marks a decrease of INR 1250 per tonne or 0.96% from INR 130,500-143,500 per tonne on May 9. With the latest cut,...
Hindalco Industries Ltd has cut prices of its aluminium ingots, billets and wire rods after raising the prices of the same products by 3%, which came after five consecutive price cuts. With effect from May 16, the price for Hindalco aluminium ingots now stands at INR 129,500 per tonne, a decrease...
According to Shanghai Metals Market, aluminium billet inventories in China have declined over the week, ending Thursday, May 14, following a marginal rise last week on Wednesday, May 6. As arrivals were limited since the past one week amidst stable shipments from warehouses, the aluminium billet...
"National Aluminium Co Ltd" has cut the prices of its aluminium ingots for the sixth time in a row. With effect from Saturday, May 9, the prices of ingots came in at INR 132,550-136,050 per tonne, down nearly 1.92% or INR 2,600 per tonne from INR 135,150 per tonne-INR 138,650 per tonne on May 1....
Vedanta has decreased its aluminium ingot and billet price after hiking them for the third time in a row. With effect from May 9, the prices of some ingots are in the range of INR 130,500-143,500 per tonne. This marks an decrease of INR 1000 per tonne or 0.76% from INR 131,500-144,500 per tonne on...
An American start-up company that will make aluminium billets is looking to set up its shed in the Midwest Industrial Park, bringing 30 new jobs to the city of Richmond. On 4 th May’20, Richmond Common Council approved a series of tax abatement ordinances for Element 13 LLC that gets its name from...
Inventories of aluminium billet in China increased over the five-day Labour Day holiday, after eight consecutive weeks of decline. As updated by Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China stood at 132,100 tonnes as of May 6, an increase of...
National Aluminium Co Ltd has extended its aluminium price cut with effect from last Friday, May 1, 2020. The prices of aluminium ingots are now, thus, ranging between INR 135,150 per tonne and INR 138650 per tonne, in contrast to INR 142,150-145,650 per tonne, as of April 23. With the latest cut,...
According to Shanghai Metals Market, the aluminium billet inventories have extended decline over the week ending Thursday, April 30, as brisk consumption has lowered stocks in Wuxi, Huzhou, and Changzhou. SMM data shows the stocks of 6063 aluminium billet have plunged by 16,3000 tonnes across five...
