LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
Canada’s H1’26 aluminium exports dip 12.57% amid US tariffs: What does H2 hold?
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...
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Weekly update: Alumina price in performed flat; A00 aluminium price continued its upward trend over the week
The alumina market in China was flat over the week. The week started with an increase of RMB 2 per tonne from Friday and stood at RMB 2211 per tonne on Monday, May 11. The average spot price of alumina stood RMB 5 per tonne lower at RMB 2206 per tonne on Thursday, after remaining flat at RMB 2211...
China’s daily aluminium output in April hit a 10-month high as smelters operating rates increase: NBS
According to the data shown by the National Bureau of Statistics, China’s aluminium production increased in April by 1.5 per cent over the year to stand at 2.97 million tonnes. The daily basis output in the said month hit a 10-month high as a rapid increase in primary aluminium prices after a...
The steady rise of Sweden’s Aluminium cans importation market during 2017-20
Sweden is a competitive and highly liberalized, open market economy. The vast majority of Swedish enterprises are privately owned and market-oriented, combined with a strong welfare state involving transfer payments involving up to three-fifths of GDP. The rise in canned beverages market has also...
ABx reports its biggest sale of cement grade bauxite; Company is optimistic for the future
Australian Bauxite Limited (ABx) announced that it had been a successful tenderer to deliver a shipment of cement grade bauxite. It shipped 35,000 tonnes plus or minus 10 per cent from Bell Bay, which marked the company’s biggest sale yet of seaborne cement grade bauxite. Being optimistic about the...
Three-month LME aluminium slipped on Tuesday by 1.14% to US$1,479.5/t; SHFE plunged to US$1802/t
The US dollar fell on Tuesday as the US Federal Reserve started its long-anticipated program to buy corporate bonds and the exchange traded funds that track them, but declines were kept in check by growing fears of a second wave of infections. Three-month LME aluminium slipped on Tuesday, erasing...
COVID-19 Impact: China’s secondary aluminium operating rates shrink in April on slow resumption of demand
According to Shanghai Metals Market data, operating rates across China’s secondary aluminium industry in April stood at 47.08 per cent, down 0.22 percentage point from a month ago. In March, China’s secondary aluminium producers’ operating rates were 47.32 per cent after rebounding by 29.2...
Three-month LME aluminium closed 0.3% higher at US$1,496.5/t; SHFE aluminium climbed 1.05%
The US dollar index, which tracks the greenback against a basket of its peers, has returned above the 100-mark. LME base metals closed mostly higher on Monday. LME aluminium gained 0.3% and SHFE aluminium rose 0.8%. Three-month LME aluminium closed 0.3% higher at US$1,496.5 per tonne. Shanghai...
Russia’s crude metal and alloys exports to the US rebound in February 2020
The United States Geological Survey data showed Russia’s crude metal and alloys exports to the US rebounded in February 2020 after month-on-month drops in the last two months. According to the USGS report, Russia’s exports in February were 17,700 tonnes to the US, compared to 13,100 tonnes in...
China’s unwrought aluminium and aluminium products exports decline 11.4% YoY in April 2020
According to the data shown by the General Administration of Customs, China’s exports of unwrought aluminium and aluminium products decreased in April by 11.4 per cent over the year to 441,000 tonnes. In April 2019, China’s exports were around 491,274 tonnes. In March 2020, China had exported...
France export market of Aluminium wire exhibits strong and steady during 2017-20
Aluminium wire in power transmission and distribution applications is still the preferred material today, aluminium conducts electricity safely. Utility companies use aluminium wire for electrical transmission in power grids as it has a cost and weight advantages over copper wires. Aluminium wire...
Aluminium ingots inventories in Guangdong province in China to see decline in near term on brisk consumption
Aluminium ingots inventories in South China’s Guangdong province stood at 243,400 tonnes, as of April 30, down 191,400 tonnes or 44 per cent from a month earlier. Record-high shipments from warehouses and strong consumption amid low arrivals of stocks were the two primary reasons behind the dip in...
LME aluminium extended growth to US$1443/t on lower opening stock; SHFE increased to US$1816/t
The US dollar continued to rebound on Wednesday, as investors turned to the safe-haven currency in the wake of dire global economic data. The greenback advanced to its highest in more than a week against a basket of major currencies. Three-month LME aluminium came off after climbed, closing down...
The Aluminium Bar Rods and Profiles importation market of Colombia is expanding as shown during 2017-20
The Republic of Colombia is a country largely situated in the north of South America, with territories in North America. The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product. Colombia has experienced a historic economic boom over the last decade....
LME aluminium closed yesterday's trading slightly higher; SHFE opened higher after the Labour Day holiday
The US dollar increased on Tuesday. LME base metals rose across the board on Tuesday. LME aluminium increased 0.37%. SHFE aluminium opened higher on Wednesday as trading resumed from the five-day Labour Day holiday. SHFE aluminium rose more than 1%. Three-month LME aluminium stood higher on Tuesday...
US aluminium plates, sheets and bars exports to Mexico drop 7.66% MoM in February 2020
According to the data shown by the United States Geological Survey, the country in February 2020 exported 24,100 tonnes of aluminium plates, sheets and bars to Mexico, in contrast to 26,100 tonnes exported in January 2020. This represents the fact that the country’s aluminium semi-finished exports...
Africa’s primary aluminium output increases 9% MoM in March
Africa produced 138,000 tonnes of primary aluminium in March 2020. The output registered a drop of 4.17% from March 2019. The production increased by 8.66% from February 2020’s production of 127,000 tonnes and 1.47% from January’s production of 136,000 tonnes, according to the latest data showed by...
Alba’s revenue up by 36% YoY in Q1 2020 on higher shipments
Aluminium Bahrain (Alba) has generated profit of BD 5.7 million (US$ 15.3 million) in Q1 2020, up by 136% year-over-year (YoY) from a loss of BD 15.8 million (US$ 42 million) in Q1 2019. Revenue came in at BD 275.9 million (US$ 733.8 million) in Q1 2020, up by 36% YoY from BD 203.5 million (US$...
The uneven movement of Finland’s Aluminium ingot importation market during 2017-20
Finland is a Northern European nation bordering Sweden, Norway and Russia. Its capital, Helsinki, occupies a peninsula and surrounding islands in the Baltic Sea. The economy of Finland is a highly industrialised, mixed economy with a per capita output similar to that of other western European...
