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 aluminium ingot price by nearly 1% for the third time in a row. With effect from April 25, the prices of some ingots are in the range of INR 131,500-144,500 per tonne. This marks an increase of INR1500 per tonne from INR 130,000-143,000 per tonne on April 21. With the...
National Aluminium Co Ltd has cut the prices of its aluminium ingots for the fourth time in a row. With effect from Thursday, April 23, the prices of ingots came in at INR 142,150-145,650 per tonne, down nearly 1% from 143,150 per tonne-146,650 per tonne on April 17. With the latest cut, the price...
National Aluminium Co Ltd has cut the prices of its aluminium ingots. With the latest cut, the prices of ingots came in at INR 143,150 per tonne to INR 146,650 per tonne, with effect from Friday, April 17. The price of aluminium billets is currently hovering at INR 146,600 - INR 149,250 per tonne....
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline for the seventh consecutive week as consumption was brisk. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 145,600 tonnes in the week ended April 23, a decrease...
Vedanta has hiked the aluminium ingot price by nearly 1%. With effect from April 21, the prices of some ingots are in the range of INR 130,000-143,000 per tonne, from INR 128,500-141,500 per tonne. With the latest hike, the price of billet currently stands at INR 138,000 per tonne. The Indian...
Hindalco Industries Ltd has increased the prices of its aluminium ingots, billets and wire rods after cutting them five times in a row. With effect from April 17, the price for Hindalco aluminium ingots now stands at INR 134,500 per tonne, an increase of 2.67% or INR 3,500 per tonne from INR...
Aluminium Stewardship Initiative (ASI) announced that Alu-met GmbH has become a new Production & Transformation member of the ASI. This brings the total number of members working toward a responsible aluminium value chain to 119. Alu-met manufactures and supplies high-quality aluminium billets. The...
Extending decline for the sixth consecutive week, aluminium billet inventories in China have totalled at 164,900 tonnes, as of Thursday, April 16, found Shanghai Metals Market. SMM data shows the stocks of 6063 aluminium billet have reduced by 5,200 tonnes today, compared to 4,100 tonnes last week,...
Extrusion manufacturing facility based outside Toronto, Spectra Aluminium, has reportedly ordered a 28-MN front-loading direct extrusion press and 5,000 kg/h, high-efficiency gas billet oven from Danieli Brada for producing industrial profiles starting from 8” to 9” aluminium billets. The new...
According to Shanghai Metals Market, aluminium billet inventories in China have declined today, on April 9, for the fifth consecutive week, as stocks in east China have begun to shrink. The data shows the stocks of 6063 aluminium billets across five major consumption areas in China have totalled at...
Vedanta for the sixth consecutive time has cut its aluminium ingots prices by nearly 1 per cent, with effect from Wednesday, April 1. The company had cut the prices of these products by 2 to 3 per cent. After the cut with effect from April 1, Vedanta is now selling ingots at INR 127,250 per tonne...
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline for the fourth consecutive week due to greater deliveries and reduced arrivals. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 174,200 tonnes as of Thursday, 02...
Vedanta’s aluminium ingot and billet price fell for a fifth straight day on Friday, March 27. With effect from March 27, the prices of some ingots were in the range of INR 128,500-141,500 per tonne, down from INR 131,750-144,750 per tonne on March 24. The price of billet stood at INR 136,500 per...
Hindalco Industries Limited has cut the prices of its aluminium ingots, wire rods, and billets for the fifth time in a row. With effect from March 27, the price for Hindalco aluminium ingots now stands at INR 131,000 per tonne, a drop of 2.6% or INR 3,500 per tonne from INR 134,500 per tonne on...
According to Shanghai Metals Market, aluminium billet inventories in China fell for the third consecutive week ended March 26, due to stable deliveries and reduced arrivals. SMM data shows the 6063 aluminium billet stocks stand at 192,700 tonnes, as of March 26, after inching down by 4,900 tonnes...
Vedanta has cut the prices of its aluminium ingots and billets for the fourth time in a row. With effect from March 24, the prices of some ingots are in the range of INR 131,750-144,750 per tonne, down from INR 134,250-147,250 per tonne on March 19. The company is now selling its billet at INR...
Hammerer Aluminium Industries' re-melting and casting facility in Ranshofen, Austria, has been awarded ASI Performance Standard Certification. The news arrived after Aluminium Stewardship Initiative announced that it certified Hammerer Aluminium with its performance certification. The plant...
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline for the second consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 197,600 tonnes as of Thursday March 19, a decrease of 1,700 tonnes from March...
