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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LME aluminium dropped further to close at US$1,440/t; SHFE remained closed for Labour Day
Benchmark aluminium price on London Metal Exchange dropped further to close at US$1440 per tonne on Friday, May 1, down 1.4 per cent from the previous day’s close at US$ 1460.5 per tonne. As of Friday, May 1, LME aluminium cash (bid) price stands at US$ 1440 per tonne, LME official settlement price...
The rapid rise reflection of Kenya’s Aluminium scrap export market during 2017-20
Kenya is a country in East Africa with coastline on the Indian Ocean. The economy of Kenya is a market-based economy with a liberalised external trade system and a few state enterprises. Major industries include agriculture, forestry, fishing, mining, manufacturing, energy, tourism and financial...
Century Aluminium reports a 3% loss in net sales for Q1 2020; Adjusted EBITDA up by $14.8 million
Century Aluminium Company, on Thursday, April 30, announced the first-quarter results of 2020, reporting a loss of 3 per cent in net sales from $435.5 million in Q4 2019 to $421.2 in Q1 2020. Shipments stood flat at 202,905 tonnes in Q1, compared to 202,870 tonnes in Q4 last year. Century reported...
The express growth of Georgia’s aluminium scrap export market during 2017-20
Georgia strategically located at the crossroads of trade and commerce between East and West. The country is ideally positioned to access markets of Asia and Europe, as well as the Middle East and the CIS countries. Young talent pool, business-friendly regulations, a favourable tax and customs...
Bauxite price in Shanxi drops 6.4%; A00 aluminium ingot price up by RMB200/t
The average Bauxite (4.5≤Al/Si ＜5.5) price in Shanxi stands at RMB 365 per tonne on Wednesday, 29 April 2020, down RMB 25 per tonne or 6.41 per cent, after remaining flat at RMB 390 per tonne since April 15. The average price is expected to move within a range of RMB 350-RMB 380 per tonne. The...
LME aluminium price further declined to US$1465/t on extended opening stock hike; SHFE contract rallied to six-week peak
The US dollar fell for the second day on Tuesday, April 28, as investors put pressure on safe-haven currencies as they eyed the Federal Reserve’s meeting and rebalanced portfolios ahead of the end of the month. Month-end rebalancing is negative for the greenback, with the US dollar likely to be...
The “COVID-19” outbreak: Indian Aluminium producers urge support from the Government owing to demand depression
India's aluminium producers have urged the government to reduce tariffs and support them, forecasting that the domestic consumption will fall as Chinese imports swirls amid COVID-19 outbreak. India’s aluminium consumption is surmounted to reduce by 1.5-2 million tonnes in FY21 as the epidemic has...
Alumina price rises further to RMB2133/t; A00 aluminium ingot price up by RMB50/t
Average spot alumina price has continued their upward track and stood at RMB 2133 per tonne on Monday, 27 April 2020, registering an increase of 0.38% from RMB 2125 per tonne. The alumina prices remain unchanged across all major markets in China, except south. The average prices of Alumina-East,...
LME aluminium price dipped marginally at $1473/t on a slight rise in opening stock; SHFE extended growth at $1756/t
The US dollar edged lower against the euro on Friday, April 24, ending a four-day winning streak, but broader concerns about the euro's outlook kept dollar bears at bay. The dollar index, which tracks the greenback against a basket of other currencies, lost 0.28 per cent to 100.22, after hitting...
Philippines Aluminium Plates, Sheets & Strips import market during 2017-19 records growth: 2020 projection reflects enterprising
The Philippines, an archipelagic country in Southeast Asia situated in the western Pacific Ocean, it consists of about 7,641 islands. A newly industrialized country, the Philippine economy has been transitioning from one based upon agriculture to an economy with more emphasis upon services and...
Higher production and lower demand expand world primary aluminium surplus by 192,000t: WBMS
In the first two months of 2020, world primary aluminium surplus grew to 684,000 tonnes from 492,000 tonnes in the whole of 2019, showed the World Bureau of Metals Statistics report on Wednesday, April 22. This came as production jumped by 8.3 per cent in January and February, in contrast to the...
China's primary aluminium demand surges by 150,000-200,000 tonnes on weak scrap supply: Antaike
According to Antaike’s report on Wednesday, April 22, China’s primary aluminium demand has surged by an extra 150,000 to 200,000 tonnes over the past one month, owing to aluminium scrap shortage caused by the coronavirus outbreak. Aluminium scrap supplies have weakened since the end of the Lunar...
Chile’s Aluminium foil import market during 2017-20 remains unsettled
Chile a long, narrow country stretching along South America's western edge, with more than 6,000km of Pacific Ocean coastline. The economy of Chile is a high-income economy as ranked by the World Bank, and is considered one of South America's most prosperous nations, leading Latin American nations...
The Aluminium scrap export market of Germany remains unstable during 2017-20
In the present time, aluminium is a widely used metal in various industries. The metal is lightweight, easy to process, and corrosion-resistant. Aluminium consumption is growing year by year. It is facilitated by the development of aluminium production technologies and the expansion of its scope....
LME aluminium price displayed a bullish trend this week amidst rising opening stock; SHFE edged higher
The US dollar was roughly flat on the first day of the week, April 13, amid thin trades with Europe out on holiday. The dollar index, which tracks the greenback against a basket of other currencies, was little changed on the day and finished at 99.504. On Tuesday, it declined to 98.875 as risk...
“COVID-19” pandemic: The “Green-Metal” market seized between expectation and its metal barrier
The global aluminium prices are falling and the surfeit inventories are inclining up rapidly, though the market has not yet entered the catastrophe situation that despoiled the global market in 2008, a year is known for recession. The COVID-19 breakout has stroked out aluminium in the worst...
COVID19 Effect: China’s daily aluminium production in March dropped 1.7%, according to Reuters calculations
According to Reuters calculations based on the official data on Friday, China’s daily aluminium output in March dropped by 1.7 per cent compared to the earlier two months. Supply disruption and incessant price fall of the metal due to the COVID19 outbreak resulted in daily production drop. But as...
Luxembourg’s Aluminium ingot importation market remains strong during 2017-20
Luxembourg's economy is quite similar to Germany's and the nation enjoys a degree of economic prosperity very rare among industrialized democracies. In Luxembourg, Hydro is present with metal products operations. The company’s largest aluminium remelting operation in Europe is based in Clervaux,...
