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LME aluminium closes the week with a fall of US$42/t to US$2,249/t; SHFE price grows by US$20/t
13 MAR 20232MINS

LME aluminium closes the week with a fall of US$42/t to US$2,249/t; SHFE price grows by US$20/t

LME aluminium opened at US$2,324 per tonne last Friday and fell to US$2,285 per tonne before closing at US$2,306 per tonne, down 0.58 per cent. On Friday, March 10, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$42 per tonne or 1.83 per cent to settle at...

LME benchmark aluminium price faces US$2.5/t spike; SHFE aluminium price descends by US$31/t
10 MAR 20232MINS

LME benchmark aluminium price faces US$2.5/t spike; SHFE aluminium price descends by US$31/t

LME aluminium opened at US$2,361.5 per tonne on Thursday and closed at US$2,319.5 per tonne, down US$34.5 per tonne or 1.47 per cent. On March 9, Thursday, the LME aluminium cash bid price slightly rose by US$2 per tonne or 0.09 per cent to clock at US$2,290 per tonne, and the LME aluminium...

LME aluminium price moves down to US$2,288.50/t; SHFE price grows by US$10/t
09 MAR 20232MINS

LME aluminium price moves down to US$2,288.50/t; SHFE price grows by US$10/t

LME aluminium fell sharply after opening at US$2,351 per tonne on Wednesday but then rallied and closed at US$2,362 per tonne, up US$12.5 per tonne or 0.53 per cent. On Wednesday, March 8, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$24 per tonne or...

LME benchmark aluminium price marks US$9/t dive to US$2312.50/t; SHFE plunges by US$37/t
08 MAR 20232MINS

LME benchmark aluminium price marks US$9/t dive to US$2312.50/t; SHFE plunges by US$37/t

LME aluminium opened at US$2,385 per tonne on Tuesday and closed at US$2,347 per tonne, down US$35 per tonne or 1.47 per cent. On March 7, Tuesday, the LME aluminium cash bid price dropped down by US$9 per tonne or 0.39 per cent to stop at US$2,312 per tonne, and the LME aluminium official...

LME aluminium price drops by US$40/t to US$2,321.50/t; SHFE price moves down to US$11/t
07 MAR 20232MINS

LME aluminium price drops by US$40/t to US$2,321.50/t; SHFE price moves down to US$11/t

LME aluminium opened at US$2,398 per tonne on Monday and closed at US$2,389 per tonne, down US$16 per tonne or 0.67 per cent. On Monday, March 6, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$40 per tonne or 1.69 per cent to halt at US$2,321 per tonne...

LME benchmark aluminium price slips by US$5/t to US$2361.5/t; SHFE aluminium price loses US$3/t
06 MAR 20232MINS

LME benchmark aluminium price slips by US$5/t to US$2361.5/t; SHFE aluminium price loses US$3/t

LME aluminium opened at US$2,398 per tonne last Friday and closed at US$2,393.5 per tonne, down US$6 per tonne or 0.25 per cent. On March 3, Friday, the LME aluminium cash bid price stooped down by US$4.50 per tonne or 0.19 per cent to close at US$2,361 per tonne and the LME aluminium official...

LME aluminium benchmark price stands slightly higher at US$2366.5/t; SHFE price slips by US$12/t
03 MAR 20232MINS

LME aluminium benchmark price stands slightly higher at US$2366.5/t; SHFE price slips by US$12/t

Three-month LME aluminium opened at US$2,441.50 per tonne on Thursday, March 2, and closed at US$2,395.50 per tonne, down US$48.50 per tonne or 1.98 per cent. LME aluminium cash bid price and LME aluminium official settlement price continued to grow but at a much lower rate. The former grew by only...

LME bars Russian aluminium in the US warehouses
02 MAR 20231MINS

LME bars Russian aluminium in the US warehouses

The London Metal Exchange (LME) has announced that it will suspend the issuance of warrants for aluminium metal of Russian origin from the exchange's warehouses in the United States immediately. The United States announced new tariffs on Russian aluminium on February 24 as the impetus for this...

LME aluminium benchmark price surges by US$64/t to US$2,364/t; SHFE price mounts to US$2,704/t
02 MAR 20232MINS

LME aluminium benchmark price surges by US$64/t to US$2,364/t; SHFE price mounts to US$2,704/t

LME 3M aluminium opened at US$2,370 per tonne and closed Wednesday at US$2,440 per tonne, up US$72 per tonne or 3.04 per cent. On March 1, Wednesday, both LME aluminium cash bid price and LME aluminium official settlement price escalated by US$64 per tonne or 2.78 per cent to halt at US$2,362 per...

LME aluminium benchmark price slips by US$14/t to settle at US$2300/t; SHFE grows to US$2670/t
01 MAR 20232MINS

LME aluminium benchmark price slips by US$14/t to settle at US$2300/t; SHFE grows to US$2670/t

Three-month LME aluminium opened at US$2,370 per tonne on Tuesday and closed at US$2,372 per tonne, a decrease of US$4.5 per tonne or 0.19 per cent. On Tuesday, February 28, the LME aluminium cash bid price and LME aluminium official settlement price again decreased after an intermittent rise on...

LME aluminium benchmark price moves up by US$7/t to US$2,314/t; SHFE price grows to US$2,658/t
28 FEB 20232MINS

LME aluminium benchmark price moves up by US$7/t to US$2,314/t; SHFE price grows to US$2,658/t

LME aluminium opened at US$2,344 per tonne on Monday and closed at US$2,376.5 per tonne, an increase of US$34.5 per tonne or 1.47 per cent. On Monday, February 27, both LME aluminium cash bid price and LME aluminium official settlement price increased by US$8 per tonne or 0.34 per cent and US$7 per...

Century Aluminum reports an 87% hike in annual net sales for FY2022 amid sluggish shipment volume
27 FEB 20233MINS

Century Aluminum reports an 87% hike in annual net sales for FY2022 amid sluggish shipment volume

On February 23, Century Aluminum declared its financial results ended December 31, 2022, revealing an increase in annual net sales by 87.45 per cent from US$2,212.50 million in FY21 to US$2,777.30 million in FY2022. But that during Q4 2022 stood down by 16.84 per cent at US$529.9 million versus...

LME aluminium benchmark price slumps by US$61.50/t over the weekend; SHFE price moves down to US$2642/t
27 FEB 20232MINS

LME aluminium benchmark price slumps by US$61.50/t over the weekend; SHFE price moves down to US$2642/t

Three-month LME aluminium opened at US$2,389.50 per tonne last Friday and closed at US$2,642 per tonne, a decrease of US$47.50 per tonne or 1.99 per cent. On Friday, February 24, the LME aluminium benchmark price contracted significantly, marking the third consecutive fall. While the LME aluminium...

LME aluminium price slips by US$17/t to US$2,368.5/t; SHFE price drops to US$2,681/t
24 FEB 20232MINS

LME aluminium price slips by US$17/t to US$2,368.5/t; SHFE price drops to US$2,681/t

LME aluminium opened at US$2,415 per tonne on Thursday and closed at US$2,389.5 per tonne, a decrease of US$23.5 per tonne or 0.97 per cent. On Thursday, February 23, both LME aluminium cash bid price and LME aluminium official settlement price went down by US$17 per tonne or 0.71 per cent to...

LME aluminium price plummets by US$45.5/t to stand below US$2400/t; SHFE grows slightly by US$3/t
23 FEB 20232MINS

LME aluminium price plummets by US$45.5/t to stand below US$2400/t; SHFE grows slightly by US$3/t

Three-month LME aluminium opened at US$2,458.50 per tonne last night and closed at US$2,413 per tonne, down US$46 per tonne or 1.87 per cent. On Wednesday, February 22, the LME aluminium benchmark price registered a significant decline after two consecutive days of hike. While the LME aluminium...

LME aluminium price hikes by US$38.5/t to US$2,430.50/t; SHFE price moves down by US$19/t
22 FEB 20232MINS

LME aluminium price hikes by US$38.5/t to US$2,430.50/t; SHFE price moves down by US$19/t

LME aluminium opened at US$2,455 per tonne on Tuesday and closed at US$2,459 per tonne, a decrease of US$3 per tonne or 0.12 per cent. On Tuesday, February 22, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$40 per tonne or 1.67 per cent and US$38.5 per...

LME aluminium benchmark price mounts to US$2392/t after three days of fall; SHFE grows by US$5/t
21 FEB 20232MINS

LME aluminium benchmark price mounts to US$2392/t after three days of fall; SHFE grows by US$5/t

Three-month LME aluminium opened at US$2,395 per tonne on Monday and closed at US$2,462 per tonne, an increase of US$72 per tonne or 3.01 per cent. On Monday, February 20, LME aluminium cash bid price and LME aluminium official settlement price skyrocketed by US$55.50 per tonne and US$57 per tonne,...

LME aluminium benchmark price falls by US$6.5/t to US$2,335/t; SHFE price hikes to US$2,733/t
20 FEB 20232MINS

LME aluminium benchmark price falls by US$6.5/t to US$2,335/t; SHFE price hikes to US$2,733/t

LME aluminium opened at US$2,413 per tonne last Friday and closed at US$2,390 per tonne, a decrease of US$28 per tonne or 1.16 per cent. On Friday, February 17, both LME aluminium cash bid price and LME aluminium official settlement price moved down by US$6.5 per tonne or 0.27 per cent to halt at...