The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
Canadian Prime Minister Mark Carney has indicated Ottawa’s readiness to resume Canada-US trade talks and reach a deal with President Donald Trump, as the tariff debate continues to pressure deeply integrated supply chains. Tariff uncertainty could also pressure aluminium trade, costs, aluminium...
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LME aluminium opened at US$2,239 per tonne last Friday, with high and low at US$2,245 per tonne and US$2,206 per tonne, respectively, before closing at US$2,215.5 per tonne, a drop of US$19.5 per tonne or 0.87 per cent. The London Metal Exchange price chart, on January 12, registered a downward...
A dramatic shift in the origin of aluminium stockpiled in the London Metal Exchange (LME) warehouses has taken place, with Russian metal now dominating the stocks. At the end of December 2023, a staggering 90 per cent of the aluminium stored in the LME was of Russian origin, according to the...
According to a report published by S&P Global, an American publicly traded corporation headquartered in Manhattan, the European aluminium billet market labelled 2023 a year of demand deflation and hesitant purchases. A buyer said the poor demand for aluminium billet was due to a depressed...
The International Energy Agency predicts that global coal consumption will reach an all-time high in 2023 due to increased demand in India and China. Coal remains the primary source of energy-related environmental impact linked to global warming. However, coal usage is expected to decrease by...
The Shanghai Metals Market data has estimated that China's domestic aluminium production in December 2023 would be around 3.56 million tonnes, reflecting a year-on-year rise of 3.5 per cent and a month-on-month increase of 2.06 per cent. For the entire year, the estimation is 41.5 million tonnes of...
Today, on January 2, the SHFE price chart has shown deflecting aluminium price trends, with the official SHFE aluminium price halting at US$2,746 per tonne with a loss of US$10 per tonne or 0.36 per cent from US$2,756 per tonne, recorded on December 29. It is safe to say that 2024 has started with...
The London Metal Exchange (LME) aluminium prices significantly surged on Wednesday, December 27, as trade resumed after the Christmas break. Three-month aluminium on the London Metal Exchange (LME) climbed 0.8 per cent to $2,345 per tonne in official open-outcry trading after reaching its highest...
BD Thai Aluminium, a publicly listed company in Bangladesh, witnessed a significant influx of 82 per cent in its share price within a month despite the company incurring a loss in the last fiscal year. The company's revenue also dropped by 20 per cent YoY to Tk93 crore in the fiscal 2022-23, and it...
In September 2023, the US aluminium crude metals and alloys imports stood at 309,000 tonnes, reflecting a month-on-month increase of 9.2 per cent from 283,000 tonnes. But despite the hike, the import volume in September could not match the amount in July 2023. In July, the imports were recorded at...
According to the China customs data, China’s unwrought aluminium alloy imports in October 2023 were recorded at 108,900 tonnes, up 17.5 per cent M-o-M and 9.2 per cent Y-o-Y. From January to October 2023, total imports stood at 907,800 tonnes, reflecting a 15.9 per cent fall Y-o-Y. China’s export...
As per the reports, the global aluminium flat-rolled products market is expected to increase between 2023 and 2030. It is projected to reach a readjusted size of USD 159,230 million by 2028, with a Compound Annual Growth Rate (CAGR) of 4.8 per cent throughout the evaluation period. Based on AL...
BNP Paribas Arbitrage S.N.C., a global leader in financial services, has reportedly reduced its share position in Kaiser Aluminum Co. by 26.4 per cent in the second quarter of 2023. The investor has sold 2,681 shares of Kaiser Aluminum and owns 7,475 shares. BNP Paribas’ holdings in Kaiser Aluminum...
LME aluminium opened at US$2,204 per tonne on Monday, with its high and low at US$2,213 per tonne and US$2,174 per tonne, respectively, before closing at US$2,184 per tonne, down US$16 per tonne or 0.73 per cent. On December 4, the LME aluminium live price chart registered a slight spike in...
In the relentless pursuit of sustainable practices and eco-friendly solutions, AL Circle marks a significant stride in promoting sustainability by unveiling a comprehensive report on the global recycled aluminium landscape, titled "World Recycled ALuminium Market Analysis - Industry forecast to...
Africa’s primary aluminium production has exhibited an oscillating trend over the past ten months of 2023. Although the output in October encountered a significant rise of 4.5 per cent, reaching 139,000 tonnes compared to the previous month, yet it could not beat the last year’s production....
China's aluminium imports increased for the fifth straight month in October, according to customs statistics published on November 18, 2023. The increase is attributable to increased purchasing appetite, driven by strong demand and forecasts of lower supply in the local market. Chinalco Materials...
According to a recent report by Fortune Business Insights, the global aerosol cans market size is estimated to reach $10.52 billion in 2023 from 10.02 billion in 2022. By 2030, the market size is projected to grow further to stand at $15.42 billion, recording a CAGR of 5.62 per cent from 2023 to...
The global bauxite mining industry is expanding due to many causes, including the increasing demand for aluminium products. Aluminium is a highly adaptable and low-density substance used in diverse sectors such as automotive, aircraft, construction, packaging, and consumer products. As the sectors...
