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,...
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NALCO expands its aluminium ingot and aluminium product prices by over INR5000/t with effect from December 1
National Aluminium Company Limited (NALCO) has expanded the prices of its aluminium ingot and aluminium products with effect from Tuesday, December 1, following a cut last week on November 26. Since the latest hike on December 1, NALCO’s aluminium ingot price has come in at INR 173,850-177,350 per...
Vedanta’s aluminium ingot price soars by INR 5,250/t with effect from December 2
Vedanta has raised its aluminium products price today after the cutting the price of the same products on November 25. With effect from Wednesday, December 2 2020, the prices of some aluminium ingots are in the range of INR 170,000-183,000 per tonne, up by INR 5,250 per tonne from INR...
China’s alumina price hikes by RMB 4/t; Aluminium ingot price edges higher to RMB 17080/t
As updated by Shanghai Metals Market, average spot alumina price in China has hiked for the second time in a row. The price registered an increase of RMB 4 per tonne to stand at RMB 2292 per tonne on Wednesday, 02 December 2020. The prices of alumina in Shandong, Henan and Shanxi China markets have...
A00 aluminium ingot price hikes by RMB210/t to stand close to RMB17000/t; Aluminium alloys prices exceed RMB17000/t
A00 aluminium ingot price has soared on December 1, 2020, to stand close to RMB 17,000 per tonne, according to the Shanghai Metals Market. Growing by RMB 210 per tonne, the primary aluminium ingot price has come in at RMB 16,980 per tonne, with average prices expected to range between RMB 16,960...
Aluminium ingot price in China jumps RMB 440/t; Aluminium alloy (ADC12) price soars to stands at RMB 16800/t
SMM aluminium ingot price soared by RMB 440 per tonne from Friday’s price of RMB 16330 per tonne. The price now stood at RMB 16770 per tonne on Monday, November 30, 2020 and is expected to move within a range of RMB 16750-16790 per tonne. In Foshan and Wuxi, the price inched up by RMB 430 per tonne...
Owl’s Head Alloys joins Aluminium Stewardship Initiative as new Production & Transformation member
Owl’s Head Alloys has joined the Aluminium Stewardship Initiative (ASI) as a new Production & Transformation member. This brings the total number of members to 144. “Owl’s Head Alloys is joining ASI to support its customers that are deeply involved in aluminum smelting, casting, rolling, extruding,...
NALCO's aluminium ingot price declines by INR1800/t w.e.f November 26 after seven consecutive rises
National Aluminium Company Limited (NALCO) has cut the prices of its aluminium ingot and aluminium products with effect from Thursday, November 26, after raising them for seven times in a row till November 19. The Navratna Group has reduced its aluminium ingot price by INR 1,800 per tonne or 1.06...
Hindalco cuts its aluminium wire rod & billets prices by INR2000/t with effect from November 25
Hindalco Industries Limited has reduced the prices of its aluminium products and aluminium ingot with effect from Wednesday, November 25, in line with the downtrend in global aluminium benchmark price on the London Metal Exchange after November 19. Hindalco has cut its aluminium wire rod price by...
Vedanta cuts its aluminium ingot and product prices by INR1750/t after raising them for six times in a row
Vedanta has reduced the prices of its aluminium ingot and aluminium products with effect from Wednesday, November 25, after increasing them for six times in a row till a week ago. The company has cut its aluminium prices in tandem with the downtrend of global aluminium benchmark price on the London...
China’s A00 aluminium ingot price exceeds RMB16000/t on higher market demand; Aluminium alloys(ADC12) price grows by RMB100/t
China’s A00 aluminium ingot price has outshone the level of RMB 16,000 per tonne on Wednesday, November 25, found the Shanghai Metals Market. Soaring by RMB 190 per tonne, the primary aluminium ingot price has come in at RMB 16,120 per tonne today, with average prices expected to range between RMB...
China’s A00 aluminium ingot price grows closer to RMB16000/t; Alumina price declines to RMB2279/t
A00 aluminium ingot price has grown by RMB 50 per tonne to stand closer to RMB 16,000 per tonne, as of Monday, November 23. Shanghai Metals Market data shows the primary aluminium ingot price today is hovering at RMB 15,980 per tonne, with average prices expected to range between RMB 15,960 per...
Weekly update: Aluminium ingot price in China performed higher this week; Alumina prices remained flat
SMM aluminium ingot price performed higher over the week, except Tuesday. The price on Monday, 16 November stood at RMB 15670 per tonne, up RMB 40 per tonne from Friday. The price dropped by RMB 80 per tonne to RMB 15590 per tonne on Tuesday. Aluminium ingot price ended the week higher at RMB 15930...
Hammerer Aluminium Industries’ Santana S.R.L. facility certified against ASI Performance Standard
Hammerer Aluminium Industries’s re-melting and casting operations at the HAI Santana S.R.L. facility has received ASI Performance Standard Provisional Certification. The plant in Romania produces billets and rolling ingots from recycled aluminium scrap for automotive, electronics, transportation,...
A00 aluminium price rises to RMB15930/t; expected to range at RMB15910-15950/t
SMM aluminium ingot price has risen by RMB 10 per tonne from its earlier price to RMB15930 per tonne on Friday, 20 November 2020. The price has registered a hike for the three times in a row. It expected to move within a range of RMB 15910-15950 per tonne. In Foshan and Wuxi, the price has...
Hindalco back-to-back hikes its aluminium ingot price w.e.f November 19; price grows close to INR17,000/t
Hindalco Industries Limited is incessantly expanding the prices of its aluminium ingots and aluminium products since October 31 as the global aluminium benchmark price on the London Metal Exchange has surged significantly over more than a week. Like any other Indian aluminium producers, Hindalco...
NALCO hikes its aluminium ingots price by INR 3,000/t
National Aluminium Company Limited (NALCO) has increased its aluminium products price for the seventh time in a row. With effect from Thursday, 19 November 2020, the company’s aluminium ingots price came in at INR 170,050 – 173,550 per tonne, a growth of INR 3,000 per tonne from INR 167,050 –...
Vedanta’s aluminium ingot price stands at INR 166,500-179,500/t
Vedanta has raised its aluminium products price for the sixth time in a row. With effect from Thursday, 19 November 2020, the prices of some aluminium ingots are in the range of INR 166,500-179,500 per tonne, up by INR 2,250 per tonne from INR 164,250-177,250 per tonne on November 18. The company’s...
Hindalco’s aluminium ingot & product prices again see a hike of INR1750/t on November 18
Hindalco Industries Limited continues to hike its aluminium ingot and aluminium product prices for the sixth time in a row. With effect from Wednesday, November 18, Hindalco has increased the price of its aluminium ingot from INR 165,500 on November 14 to INR 167,520 per tonne. This represents the...
