Aluminium prices drift higher as September peak season operations recover amid low inventory
Futures: The most-traded SHFE aluminium contract opened at RMB 24,400 per tonne in the night session on September 7, reached a high of RMB 24,470 per tonne and a low of RMB 24,335 per tonne, and closed at RMB 24,450 per tonne, up 30 from the previous close, a gain of 0.12 per cent. Prices traded...
Macro disturbances cap upside room, while destocking continues to support aluminium price stabilisation
Futures: The most-traded SHFE aluminium contract opened at RMB 24,240 per tonne in the night session on September 4, with a high of RMB 24,355 per tonne, a low of RMB 24,220 per tonne, and a close of RMB 24,320 per tonne, up 0.12 per cent from the previous close. Futures stabilised and rebounded,...
Grow with
AL Circle
Hindalco’s aluminium ingot price stands at INR 133,750/t with effect from May 22
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 further increases its aluminium ingots and billets prices by INR 2,000/t with effect from May 22
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 raises its aluminium ingot price by INR 2,000/t
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...
Alumina price in East China up by RMB 15/t; A00 aluminium ingot price plunges by RMB 310/t
The average spot alumina price in East China is up by RMB 15 per tonne or 0.69 per cent on Friday, 22 May 2020. Alumina price stands at RMB 2190 per tonne, after remaining flat at RMB 2175 per tonne since May 15. The price is expected to move within a range of RMB 2180-2200 per tonne Alumina prices...
LME aluminium price jumped to US$1487/t, while SHFE continued to decline by US$22.89/t
The US dollar rebounded on Thursday, while stocks on Wall Street fell as growing Sino-US tensions and dismal economic data weighed on investor sentiment. The US dollar index, which measures the greenback’s strength against a basket of currencies, rose 0.26 per cent to 99.4425. Three-month LME...
A00 aluminium ingot price in China extends decline to RMB13460/t; Aluminium fluoride price down by RMB300/t
According to Shanghai Metals Market, the A00 aluminium ingot price has extended decline from RMB 13,480 per tonne on May 20 to RMB 13,460 per tonne on Thursday, May 21. The average prices are expected to range between RMB 13,440 per tonne and RMB 13,480 per tonne, with spot contract to be traded at...
Vedanta raises its aluminium ingot price by INR 1500/t with effect from May 20
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...
Four consecutive rises in A00 aluminium ingot price follows a decline today of RMB20/t; Input costs show no change
After four successive jumps ranging between RMB 12,790 per tonne on May 14 and RMB 13,500 per tonne on May 19, the A00 aluminium ingot price has recorded a dip today, on May 20, by RMB 20 per tonne to stand at RMB 13,480 per tonne, found Shanghai Metals Market. Since March 9, the primary aluminium...
Vedanta hikes its aluminium ingot price with effect from May 19
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...
S.A.V. S.p.A joins ASI as new Production & Transformation member
S.A.V. S.p.A. Società Alluminio Veneto has joined Aluminium Stewardship Initiative (ASI) as a new Production & Transformation member. This brings the total number of ASI Members to 120. S.A.V. S.p.A. is specialized in the manufacture of aluminium alloys by promoting and developing environmental,...
Vedanta cuts its aluminium ingot price by INR 1250/t
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 cuts its aluminium ingot price by INR 5,000/t with effect from May 16
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...
A00 aluminium ingot price extends growth for the third day in a row to RMB13150/t; Aluminium alloy(A356) grown by RMB100/t
According to Shanghai Metals Market, the A00 aluminium ingot price has extended its rise for the third consecutive day by RMB 130 per tonne to RMB 13,150 per tonne, as of Monday, May 18. The average prices are expected to range between RMB 13,130 per tonne and RMB 13,170 per tonne, with spot...
Iran's aluminium output increases 46% YoY in the first month of Iranian year
Iran's production of aluminium stood at 30,030 tonnes during the first month of the current Iranian year (March 20-April 19).That was up 46% compared with the same period last year, according to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Iran’s...
A00 aluminium ingot price records highest decline since April by falling RMB270/t; Aluminium alloy(A356) shrinks RMB300/t
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a sharp fall of RMB 270 per tonne to RMB 12,770 per tonne on Wednesday, May 13. This marks the highest decline in A00 aluminium ingot price since April 2020. On April 2 and April 21, the primary aluminium ingot price...
NALCO cuts its aluminium ingots price by INR2600/t with effect from May 9
"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....
A00 aluminium ingot price rises marginally by RMB10/t; Bauxite price in Guangxi and Guizhou falls
Following a jump of RMB 190 per tonne, the "A00 aluminium ingot price" has recorded a marginal rise today, on May 12, found the "Shanghai Metals Market". Data shows the primary aluminium ingot price has increased by RMB 10 per tonne to stand at RMB 13,040 per tonne on May 12. The average prices are...
Denmark’s import of Aluminium ingot remains variable during 2017-19: Dip by 2.55% projected for 2020
Denmark is one of the most prominent Scandinavian nations and an important part of the European Union since 1973. The country holds a prominent position in the world economy. Denmark is the world’s 60th largest economy in terms of Purchasing Power Parity (PPP). It has a diverse economy that is a...
