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...
Grow with
AL Circle
Hulamin Extrusions mulls to close its Olifantsfontein facility due to rising overhead costs
According to a recent report, Hulamin Extrusions on Tuesday, May 28, circulated retrenchment notifications among its personnel. In a letter, Hulamin said it was considering closing the Olifantsfontein facility and restructuring the Pietermaritzburg plant and supporting services operations. In two...
Chinese secondary aluminium producers operating rates estimated to slow down to 56% in May
Shanghai Metals Market anticipates the Chinese secondary aluminium producers’ operating rates to extend declines to 56 per cent in May, as aluminium purchases are expected to remain low among auto producers due to high inventories. The upcoming stricter national emission standards which will come...
LME aluminium saw two consecutive gains; SHFE likely to trade robust on cost support
The US dollar retreated after a gain and ended flat on the day on disappointing data on the US retail sales for April. Base metals rose across the board and LME aluminium rose 0.68%. SHFE aluminium increased 0.38%. LME aluminium price saw two consecutive increases in last two days and crossed the...
US aluminium import drops 14% YoY in Jan-Feb 2019; semi-finished import drops about 5%
According to the latest report from US Geological Survey, aluminium demand in the United States and Canada, including shipments by domestic producers plus imports stood at an estimated 2.1 million tonnes for January and February 2019, slightly down from the same period of 2018. Total aluminium...
China aluminium products export increase 13% in three-month period: MIIT
Aluminium products exports by China increased 13.1 per cent year-on-year to 1.28 million tonnes in the first three months of 2019, according to the Ministry of Industry and Information Technology (MIIT). The growth rate lost 7.4 percentage points from the same period last year, the MIIT said....
Czech Republic’s aluminium powder and flakes import to drop 6.4% in 2019
After rising in the past three consecutive years, Czech Republic’s aluminium powder and flakes import is likely to stand down this year, found the global export-import data. Compared with 4,591 tonnes in 2018, Czech Republic in 2019 is expected to import 4,297 tonnes, down 6.38 per cent year on...
LME aluminium had a weak run over the week while SHFE remained strong; trend to continue this week
Labour Day holidays in China last week, re-escalations of trade tensions between Washington and Beijing and another LME holiday in the beginning of the week have driven the movements of LME and SHFE aluminium in this week. The US dollar increased on Monday as the cautious stance in the global...
LME aluminium recovered from the two year's low yesterday; likely to trade rangebound today
US dollar continued to stay strong and hovered just below 98 last night. Most of the LME base metals saw a tumbling session on Wednesday but recovered to a certain extent on Thursday. Aluminium stock in the LME registered warehouses registered a rise yesterday. The LME aluminium price, however,...
Century Aluminum’s Q1 2019 shipments up 4% QoQ driven by restart at Hawesville
Century Aluminum Company on Tuesday announced its first quarter 2019 results. The company reported a net loss of $34.6 million for the first quarter of 2019. The adjusted net loss stood at $66.6 million in Q1 2019 compared to an adjusted net loss of $40.7 million in Q4 2018. Shipments of primary...
India’s aluminium wire import to drop in 2019 after stupendous growth in previous year
Increasing demand towards diverse, innovative product grades for electrical and automotive applications are found consistently stimulating the aluminium wire market size across the globe. Composed of aluminium, these wires exhibit corrosion protection properties and find a wide array of usage in...
LME aluminium closed almost flat on the second day after the holidays; SHFE aluminium continues upward movement
The dollar index on Wednesday extended its gains to 98.189; its highest since May 2017, as a surprise drop in German business morale weighed on the euro. With a strong US dollar, LME base metals traded mixed on Wednesday and aluminium fell 0.2%. SHFE aluminium rose 0.6%. Three-month LME aluminium...
Global aluminium production may grow 6% and consumption 4% in 2019, projects Dr. T.K. Chand
In an interview with The Economic Times, Nalco Chairman cum Managing Director Dr. Tapan Kumar Chand said that the company's aluminium production is estimated to grow this year by 6 per cent and consumption by 4 per cent worldwide. This shows production will remain ahead of consumption. However, the...
Japan’s aluminium powder and flakes import to drop 6.7% year-on-year in 2019
According to the study of IMARC Group, the global aluminium powder market has grown at a CAGR of around 2.2 per cent during 2011-2018, reaching a volume of 617,238 tonnes in 2018. Aluminium powder is light in weight, odourless, and highly flammable substance mostly used in the making of paints and...
Concord Resources doubled profits in 2018 on higher alumina and aluminium prices
The metals trading startup Concord Resources reported double profits in 2018 on account of price volatility in alumina and aluminium market driven by US sanctions on Rusal. “It was a year of exceptional opportunities,” said Chief Executive Officer Mark Hansen. “The sanctions on Rusal created...
China’s primary aluminium production drops 1.2% YoY in three-month period
China’s production of primary aluminium dropped 1.5 per cent year-on-year to 2.98 million tonnes in Mach 2019. Domestic primary aluminium capacity in operation decreased some 430,000 tonnes per year from a year earlier to an annualised 36 million tonnes by the end of March, as updated by Shanghai...
Chinese prebaked anode operating rates in March dropped 3.07 percentage points MoM
Shanghai Metals Market updated on April 4 that average operating rates across Chinese prebaked anode manufacturers for commercial use declined 3.07 percentage points in March from the previous month to come in at 54.9 per cent. Output cuts for cost control lowered operations across prebaked anode...
Russia’s aluminium powder and flakes export volume to remain flat in 2019, but value to decline
During 2011-2018, aluminium powder market has reportedly grown at a CAGR of around 2.2 per cent, reaching a volume of 617,238 tonnes. The growth in primarily driven by the use and demand of aluminium in the form powder and flakes across various industrial sectors such as paints and sealants,...
China’s February prebake anode operating rates down 0.99 percentage point MoM; decline to extend in March
Shanghai Metals Market anticipates that operating rates across prebaked anode producers may continue to decline in March as sluggish prices in the market will prevent some plants from recovering after the winter heating season. As of the middle of March, downstream consumption remained poor while...
