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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China aluminium output grows to overshadow a shrinking global deficit in Q1 FY2018
<p>The latest data from Wold Bureau of Metal Statistics (WBMS) showed that the global primary aluminium market was in a deficit in the first quarter of the current calendar year. The deficit however, has narrowed down to 356,000 tonnes from a staggering 1.12 million tonnes in the entire 2016.</p>...
Russia’s energy and aluminium conglomerate expects bullish perform in the coming FY
<p>Russian tycoon Oleg Deripaska's En+, a company focused on energy and aluminium is expected to attract investors because of the growing global deficit in the aluminium market and improving outlook for Russian securities, as said by Chief Executive of the company Maxim Sokov to Reuters.</p> <p...
LME aluminium ends week down on oversupply issues, may inch up within limits
<p>LME aluminium gave up its marginal gain last week and dropped to US$1,880 per tonne after night trading on Friday, May 12. The 0.37 dip was caused due to oversupply issues looming large over global aluminium market. According to Shanghai Metals Market (SMM), LME aluminium will perform...
Russia sees aluminium exports growing in Q1 2017 as trade beats forecast
<p>Total aluminium exports by Russia increased both in volume and value during the first quarter of 2017, showed data released by The General Customs of Russia. Aluminium ingot exports (alloyed as well as non-alloyed) grew from 852,300 tonnes in the first quarter of 2016 to 859,400 tonnes in first...
Aluminium alloys market foreseeing a boost as IATA says India will see maximum flyers in 2017
<p>India will see maximum people flying with commercial air carriers in 2017 surpassing the biggest ones till now including UK, Germany, Japan and Indonesia, International Air Transport Association (IATA) data shows. This will provide the much needed traction to the annual delivery of commercial...
Aluminium demand in North America up in the first two months of 2017
<p>According to preliminary estimates by the Aluminum Association aluminium demand in the United States and Canada that includes shipments by domestic producers and imports stood at an estimated 2.1 million tons for the first two months of 2017, up 2.0% over the same period of 2016. Demand for...
Aluminium emerges as top performing industrial metal in 2017
<p>Aluminium has emerged as the best performing industrial metal of 2017, as growing confidence that China will take steps to end a supply glut pushes prices to the highest level in almost three years.</p> <p>The industrial metal, which is used in everything from drinks cans to cars to girders for...
Turkey to import less and export more of aluminium powder and flakes in 2017
<p>Aluminium powder is a granular powder which is obtained from pure molten aluminium metal while aluminium flakes comes from aluminium powder through dry ball milling process. Aluminium powder is used in making paints and sealants, sparkles and glitters, aerated autoclave concrete,...
Century reports Q1 2017 results; net loss reduces dramatically QoQ
<p>Century Aluminum Company has announced its first quarter 2017 results. The company reported a net loss of $15.1 million for Q4 2016 in comparison to the net loss of $168.5 million in Q4 2016. Adjusted net loss amounted to $5.0 million compared to an adjusted net loss of $11.5 million for Q4...
China alumina price fall yet to ring alarm bells for domestic producers
<p>Alumina price in China major markets have been falling of late; yet the price fall is not that steep to pinch hard the 'big' producers at their bottomlines, Shanghai Metals Market thinks.</p> <p>China alumina prices are currently trending below the highest cost of production causing small and...
Italy’s import and export of aluminium foil to drop marginally in 2017
<p>Aluminium foil emerges as the ideal option for packaging of various products. The companies are opting for aluminium foil due to its lightness, flexibility and resistance. One of the main reasons for this is its recyclable characteristics and the fact that it can be modified as per preference....
China readies to step up its aluminium semis export as prices rise high
<p>China is readying to step up its aluminium semis exports in the coming quarters to leverage on the positive manufacturing climate globally, reported industry sources. The world’s largest aluminium consumer and a significant contributor of the global total metal production, China is...
Australia’s aluminium structures shipments to offshore markets will rise 15% in 2017
<p>According to the latest trade data available, the value of Australia’s resources and energy export earnings for the financial year 2016-17 has been revised upwardly by AS$12 billion since December 2016 to AS$215 billion. Export earnings for 2017-18 financial year have also been upwardly...
Global aluminium market in deficit during Jan-Feb 2017: WBMS
<p>According to the latest data published by the World Bureau of Metal Statistics (WBMS), global primary aluminium market ended in a deficit at the end of the first two months of 2017. The deficit during January-February totalled 101,000 tonnes.</p> <p><img style="vertical-align: middle; display:...
MCX-aluminium futures bounce from a key support
<p>The MCX-aluminium futures contract on the Multi Commodity Exchange (MCX) fell last week, breaking below the support at INR 124 a kg. However, the 21-week moving average at around INR 122 aided in halting the fall.</p> <p>The contract made a low of INR 122.25 on Thursday and has reversed sharply...
LME aluminium to open higher at US$1920/t, Shanghai aluminium ends lower
<p>The London Metal Exchange market remained closed till Monday, April 17, for the Easter Holidays. Shanghai Metals Market (SMM) expects that LME aluminium will open higher at US$1,920-1,965 per tonne on Tuesday, April 18 (at 15:00). The market will watch out for the price support at lows, analysts...
Aluminium scrap imports by Japan will decline 9% YoY to reach 35840.2 tonnes in 2017
<p>Japan is buying lesser quantity of aluminium scrap from the international market than it would do three years back. The global trade data shows the archipelagic nation imported only 39427.5664 tonnes of the light metal scrap in 2016, down 41.2 per cent from the previous year.</p>...
Top five aluminium busbar manufacturers in the world
<p>The global busbar market size is estimated to reach US$16.55 billion growing at a 5.48% CAGR from 2016 through 2021, reveals data in a recent market report. Busbars are critical electrical components used in power generation, commercial, metals and mining, oil and gas, chemicals and other...
