H1’26 LME aluminium stocks dip 31.82%: Russian sanctions & Gulf crisis pack a double blow
As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
LME aluminium cash bid price drops 2.06% to $3,273/tonne as stocks decline to 244,350t
LME aluminium prices recorded a sharp decline on September 11 compared with the previous trading day, with cash and three-month prices falling by around 2%, while exchange stocks edged lower. The LME aluminium cash bid price slipped to USD 3,273 per tonne on September 11, compared with USD 3,342...
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DJ Korea PPS Buys Aluminum, Nickel, Zinc In Tenders
South Korea's Public Procurement Service, a state commodities stockpiling agency, said Wednesday that it has bought two lots of aluminum totaling 2,000 metric tons as well as smaller lots of zinc and nickel. In one tender, the PPS purchased 1,500 tons of Western-origin aluminum on a cost, insurance...
Near-term concerns
While the standalone numbers were in line with analysts’ expectations, its global subsidiary Novelis, reported above-expected results. Going ahead, given the prevailing global scenario, Hindalco is likely to face some challenges. The declining LME aluminium prices (around $2,412 at present) do not...
SMM Morning Review – 2011/8/15 Aluminum Market
The US Department of Commerce announced on August 12th Friday that July retail sales rose by a most 0.5% since April from previous month, which met market expectations. Later US University of Michigan released an August Consumer Confidence Index of 54.9, which was much lower than the expected 63...
SMM Daily Review - 2011/8/15 Base Metals Market
Market optimism towards the talk between German Prime Minister Merkel and French president Sarkozy on solving the euro zone debt crisis led the euro surge overnight to above the 1.44 mark, which finally closed at 1.4437, up 1.35%. US stock prices also rose in response, and the US dollar index fell...
SMM Morning Review - 2011/8/16 Aluminum Market
Market optimism towards the talk between German Prime Minister Merkel and French president Sarkozy on solving the euro zone debt crisis led the euro surge overnight to above the 1.44 mark, which finally closed at 1.4437, up 1.35%. US stock prices also rose in response, and the US dollar index fell...
Rise in LME aluminum inventories does not accelerate weakness
Aluminum prices have held their ground “reasonably well” lately as other base metals fell more sharply, and the latest big rise in LME stocks did not accelerate the fall in prices, Commerzbank says. Wednesday marked the sharpest rise in LME stocks ever for aluminum, with over 185,000 metric tons...
SMM Morning Review - 2011/8/12 Aluminum Market
US Department of Labor announced on August 11th that new claims of unemployment during the week from August 1st to August 6th fell by 7,000 to 395,000, a new low since April. As a result, investor confidence grew, with stock, commodity and crude oil prices closing higher and gold price, US dollar...
LME Aluminium Stocks Jump in Vlissingen
The Dutch port of Vlissingen registered the biggest single-day influx of aluminium into London Metal Exchange warehouses ever, data showed on Wednesday, and traders suggested Glencore was delivering metal partly to free up capital as a storage rent deal ends.
SMM Morning Review - 2011/8/11 Aluminum Market
European and U.S. markets were overwhelmed with worries overnight due to escalating European debt crisis. Sources said earlier the European Executive Committee could neither confirm nor deny that deadline of Greek debt swap would be postponed until after 2020, which again led cautious sentiment...
SMM Morning Review - 2011/8/10 Aluminum Market
Global market got rid of the panic sentiment overnight as a result of slower rising pace of China’s CPI, purchases of Italian and Spanish debt by European Central Bank to curb spreading of the debt crisis, and marker expectations for loose monetary policies by FED, with US stock prices and...
SMM Morning Review – 2011/8/9 Aluminum Market
Stock and commodity prices slipped overnight due to investor panic caused by a historical downgrade of the AAA rating of US debt. Later during the day, Standard & Poor’s who produced the historical downgrade further announced that a one in three possibility exists for a second downgrade for US debt...
SMM Morning Review - 2011/8/8 Aluminum Market
US Department of Labor announced on August 5th that non-farm employments rose by 117,000 in July, much higher than the expected 85,000. Un-employment rate of July also slightly fell to 9.1%, indicating an optimistic trend in the US employment market. However, panic sentiment among investors turned...
Aluminium hits lowest since January on risk aversion
LME aluminium fell to its lowest since late January on Friday as investors shed risk on prospects a global economic soft patch could worsen, reversing an earlier bounce after better-than-expected U.S. jobs data for July.
LME: Receives Application To List Aluminum Alloy, NASAAC Brand
The London Metal Exchange Thursday said it has received applications to list the Alusigma brand under its aluminum alloy and NASAAC contracts.
Tin Falls 1.5% on London Metal Exchange; Aluminum and Nickel Prices Drop
Tin for three-month delivery fell 1.5 percent to $25,900 a metric ton on the London Metal Exchange. Nickel slid 1.1 percent to $23,550 a ton and aluminum lost 1.2 percent to $2,495 a ton.
SMM Morning Review – 2011/8/5 Aluminum Market
European Central Bank announced on August 4th to maintain its interest rate at 1.5%, ending rate hikes starting in April. US Department of Labor announced new unemployment claims fell to 400,000 during the week from July 25th – 29th, slightly better than expected. However, the market was more...
LME Aluminum Trading Rose 37% in July From Year Earlier
Trading of aluminum futures and options on the London Metal Exchange surged almost 37 percent in July from a year earlier, according to figures from the exchange. Following are monthly futures and options trading volumes for selected metals on the LME.
SMM Morning Review – 2011/8/4 Aluminum Market
US ISM said on August 3rd its non-manufacturing index fell from June’s 53.6 to 52.7 in July, a new low since February 2010 and lower than the expected 53.6. US Department of commerce announced US June factory orders fell by 0.8%, higher than the expected 0.7%, and adjusted June durable goods orders...
