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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Mexico’s aluminium scrap import surged in Q1 2018 but estimated to stand low in the entire year
After a sweeping rise last year, Mexico’s aluminium scrap import is likely to see a plunge in 2018 from 317,561 tonnes to 266,558 tonnes, found the global export-import data. This marks a drop by around 16 per cent year-on-year. In contrast to this, Mexico’s aluminium scrap import had increased by...
LME aluminium price inches up slightly; SHFE remains weak
The US dollar index fell to the lowest in two weeks after the US midterm election results and as investors looked ahead to a Federal Reserve meeting for signals on future interest rate hikes. LME and SHFE base metals closed mixed as LME aluminium led the increase and rose 1.61%. LME aluminium...
Both LME and SHFE continue downward trend in absence of strong market fundamentals; likely to stay weak in short term
The US dollar retreated from multi-month highs on Thursday while the pound rose the most in nine months on reports that London is close to a financial services deal with Brussels. Most LME and SHFE base metals ended in the black overnight and aluminium dipped 0.1%. LME aluminium closed Thursday's...
Why buy AlCircle’s “A Worldwide Market Analysis of Aluminium Wire rod, Cables & Conductors - Industry forecasts to 2025” report?
Given the fact that aluminium cables and conductors are largely replacing copper as principal medium for carrying electricity over the last five decades, world aluminium wire rod usage is estimated to have increased 5.87 million tonnes in 2014 to about 6.26 million tonnes in 2017 and further to...
LME aluminium continues downward trend while SHFE breaks its five-day winning streak; lack momentum
The US dollar strengthened as the euro and pound slipped on Thursday after the European Central Bank (ECB) kept interest rates unchanged in their October policy meeting. LME aluminium dropped below US$2,000 per tonne level and closed at US$ 1981 per tonne. It has closed lower for seven consecutive...
Hydro’s bauxite and alumina EBIT climbs 66% in Q3 2018 from same period last year, but production stood low
On releasing Norsk Hydro’s third quarter results, the company’s president and CEO Svein Richard Brandtzæg said, "The third quarter reflected our continued challenges at Alunorte and increased raw material costs, while higher aluminium and alumina prices, as well as strong Energy results,...
LME aluminium posts five-day losing streak on October 23; SHFE recovering losses from last week
The US dollar fell on Tuesday after Wall Street opened lower, spurring a risk-off move that benefited the safe-haven Japanese yen and Swiss franc against the greenback. Both LME and SHFE base metals ended in mixed performance overnight. LME aluminium lost 0.35%. LME aluminium fluctuated and posted...
Australian aluminum imports to US rise, discounts grow: sources
Increasing Australian aluminum imports to the US have created ample ingot supply, which market sources believe is causing wider discounts on P1020. "There is some Australian product coming in, I wouldn't say it's a massive volume, but we've definitely seen some uptick in that market," a port source...
Launched! New AlCircle Sector Focus Report “A Worldwide Market Analysis of Aluminium Wire rod, Cables & Conductors - Industry forecasts to 2025”
AlCircle launched another Sector Focus Report – “ A Worldwide Market Analysis of Aluminium Wire rod, Cables & Conductors - Industry forecasts to 2025 ” into its 2018 Report portfolio. AlCircle now offers exclusive sector specific reports that are designed to help industry participants with accurate...
China’s aluminium alloy wheel export rises 5.9% to 641,700 tonnes from Jan-Aug 2018
Aluminium alloy wheels, made by aluminium alloy, are mostly used in both passenger vehicles and commercial vehicles. But the use in passenger vehicles is more than in commercial vehicles, with the sales proportion at about 94 per cent in 2017. {newsStudioGallery} China and Europe are the two main...
LME aluminium starts the week with a gain, China market close on National Day holiday
After closing the last week with a drop, LME aluminium started the week and the new month with a gain. Benchmark aluminium price on London Metal Exchange gained significantly to close at US$ 2047.50 per tonne on Monday October 1. As on October 1, LME aluminium cash (bid) price stands at US$ 2047...
LME aluminium dragged down by its SHFE counterpart and rising US dollar; likely to trade lower today
The dollar notched the largest daily increase in close to seven weeks against a basket of other major currencies on Thursday, boosted by the Federal Reserve's outlook for more rate hikes beyond this year as well as a weakening of the euro on worries about the Italian budget. LME aluminium was...
The United States allows relief for Rusal, but aluminium's political risks remain
The United States has thrown Russian Aluminium Company Rusal a lifeline by loosening sanctions imposed on the company in April. Critically, the U.S. Treasury has tweaked its sanctions to allow Rusal to enter into new contracts with existing customers. This is good news for the Russian company,...
LME aluminium slumps yesterday but recovered overnight with limited momentum; SHFE follows trend
The US dollar index slumped against the euro and sterling, which were buoyed by optimism that Britain would reach a deal with the European Union (EU) on the terms of its departure from the trade bloc. Base metals closed mixed. LME aluminium closed the day's trading lower at US$ 1985 per tonne on...
LME registered gains while SHFE continued a flat run this week; cost support and uncertainty around Rusal supply to drive the market
The first week of September was marked by a rising US dollar index and a falling LME aluminium graph. However, LME aluminium recovered during the second week. LME aluminium rose to a high of US$2,080 per tonne on September 10, after closing flat the previous week driven by the fact that workers...
Falling US dollar and sign of eased trade tension lifted LME aluminium yesterday; SME continues flat run
The US dollar fell to low in one and a half months against a basket of currencies after data showed that US consumer prices increased less than expected in August, paring traders' outlook that domestic inflation is accelerating. Signs of eased trade tension between China and the US, with the...
China’s primary aluminium records 1.8% lower output during Jan-Aug on growing costs and losses
According to the data from Shanghai Metals Market, China in the month of August produced 3.11 million tonnes of primary aluminium, up 1.5 per cent from 3.063 million tonnes in the corresponding period last year. But the overall output during January-August still remained down by 1.8 per cent to...
North America's aluminium demand up 2% through July 2018 driven by solid GDP growth in Q2
According to the preliminary estimates from Aluminum Association, aluminium demand in the United States and Canada (shipments by domestic producers plus imports) stood at an estimated 6.4 million tonnes through June 2018, up 2.0 per cent over the same period of 2017. Demand for semi-finished...
