The first half (H1) of 2026 witnessed Canada’s exports of unwrought aluminium taking a deep plunge. The country supplied a total of 1.33 million tonnes of aluminium products to the world including unwrought aluminium, bars, rods and profiles, aluminium foil, pipes and tubes, plates, sheets and...
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...
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According to the U.S. Census Bureau survey, the United States domestic primary aluminium production in December 2022 grew by 2,000 tonnes or 3.23 per cent month-on-month, amounting to 64,000 tonnes. That brought the country's total output in the last quarter of the year to 190,000 tonnes, up by...
In January 2023, Africa’s primary aluminium production amounted to 143,000 tonnes, continuing to increase by 3,000 tonnes or 2.14 per cent month-on-month, found the International Aluminium Institute survey. In December 2022, Africa produced 140,000 tonnes of primary aluminium, which was up by 11.11...
Shanghai Metals Market survey found the average operating rate in the aluminium wire and cable sector dropped 5.9 percentage points month-on-month and 0.6 percentage point year-on-year to 34.4 per cent in January 2023. The average operating rate of large producers lost 9.2 percentage points M-o-M...
LME aluminium opened at US$2,535 per tonne on Wednesday and fell to US$2,471 per tonne before closing at US$2,487 per tonne, down 1.87 per cent. On February 8, Wednesday, the LME aluminium cash bid price and the LME aluminium official settlement price dropped by US$3.50 per tonne or 0.14 per cent...
Novelis Inc., a top provider of sustainable aluminium solutions and a global pioneer in the rolling and recycling of aluminium, released its third-quarter financial 2023 results. As per the results, net income attributable to its common shareholders fell by 95 per cent from the preceding year to...
According to a recent analysis by Grand View Research, Inc., the size of the worldwide beverage cans market is anticipated to exceed USD 59.6 billion by 2030. From 2023 to 2030, the market is expected to grow at a CAGR of 5.3 per cent. Aluminium cans are becoming increasingly popular because of...
LME aluminium opened at US$2,572 per tonne on Tuesday and closed at US$2,648 per tonne, an increase of US$82 per tonne or 3.2 per cent. On January 31, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price plunged by US$43.50 per tonne or 1.69 per cent, settling...
LME aluminium opened at US$2,638 per tonne on Thursday and closed at US$2,583.5 per tonne, a drop of US$54.5 per tonne or 2.07 per cent. On January 19, Thursday, the LME aluminium cash bid price plummeted by US$96 per tonne or 3.64 per cent, and the LME aluminium official settlement price stooped...
Multiple Chinese aluminium smelters in Guangdong are shutting down prior to the Spring Festival holiday this year, whereas other players are recalibrating their output goals for the prevailing times. All this is due to a plunge in the domestic demand for aluminium in the recent weeks. Even though...
This week, the global primary aluminium segment witnessed limited but significant events. To begin with, Norsk Hydro and the other two partners announced their planning's to construct an onshore wind farm along Norway's west coast for a price ranging from 3 and 4 billion Norwegian crowns ($304...
With smelters in Gansu and Inner Mongolia starting to begin output, aluminium prices recorded a fall on Wednesday, December 7. The recent bulls have been priced in by investors, who have since begun to fret about the speed of US rate hikes and the prospects for Chinese demand. At the current high...
LME aluminium cash bid price and LME aluminium official settlement price started the week on Monday, November 21, with a decline of US$26 per tonne and US$25 per tonne, respectively, to stand at US$2,342 per tonne and US$2,344 per tonne. But the next day, the prices jumped by US$51.50 per tonne and...
Primary aluminium production in Africa during October 2022 recorded a month-on-month increase of 4.44 per cent or 6,000 tonnes to stand at 141,000 tonnes, found the International Aluminium Institute. In September, the output in Africa was 135,000 tonnes, down by 5,000 tonnes or 3.57 per cent from...
AlCircle recently published a report on “ Future of the Global Aluminium Castings Industry - Market analysis and industry forecast to 2027 ” to explore the prodigious market of aluminium castings, thanks to its ability to absorb large volumes of recycled aluminium produced from post-consumer scrap....
The entire European aluminium market is currently streaming through a disquiet following a moreover better H1 2022. During the first quarter of 2023, the manufacturing industry is expected to counter a very gloomy prospect. While delivering their ambitious purchasing strategies earlier in 2022,...
On Monday, November 7, Century Aluminum Company, a US-based primary aluminium producer, announced its third quarter results ended September 30, 2022, whereby it declared its net income growing $6.9 million sequentially to $44.3 million. In Q2, the company yielded a net income of $37.4 million....
On Monday, October 31, a report from CRISIL showed a high possibility of Indian primary aluminium producers’ lower operating margin by more than 1200 basis points (bps) this financial year to 22-24 per cent, owing to decreased realisations and soaring production costs. Last fiscal year, primary...
Malaysia-based Press Metal Aluminium Holdings Bhd has retrieved 123.59 million shares from the market, selling almost a 1.5 per cent stake in the company amounting to RM605.59 million, as was recorded in the local bourse board. The group filled in the data on October 19, Wednesday and Bursa...
