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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Report confirms robust outlook for global HPA demand: Altech Chemicals
<p>Altech Chemicals provides an update on the outlook for global high purity alumina (HPA) demand from a report entitled “High Purity Alumina Market – Global Industry Analysis and Forecast, 2016 – 2024” by Persistence Market Research.</p> <p>Persistence has reported that...
Export headwinds and destocking drive down aluminium foil deliveries
<p>Deliveries of aluminium foil from European rollers fell by 1.6% in Q3, putting year-on-year targets under pressure, according to figures released by EAFA, the European Aluminium Foil Association. Total deliveries for the first nine months of 2016 stand at 655,800 tonnes, down slightly, by...
Aluminum demand grows for 7th consecutive year since 2009
<p>The Aluminum Association released the latest edition of the Aluminum Statistical Review for 2015 on Nov.21st. The latest edition of the Review, which features a new design and statistics through 2015 in the North American market, includes information on every cycle of the aluminum production...
European aluminum alloy 226 oversupply bites; StockachAlu to close
<p>Oversupply of commodity grade aluminium alloy, 226, has continued to put pressure on prices and squeeze European producer profit margins. German producer Stockach Aluminum (StockachAlu) was one of the first casualties this week following its decision to close its 25,000 mt/year facility by the...
LME, SHFE aluminium post gains as China stocks tighten and global aluminium market ends in deficit
<p>Aluminium prices on major bourses across the world have staged a strong comeback after the last week's slump with LME aluminium closing at US$1,726/mt on Monday, November 21. Yesterday, the contract touched the 20-day moving average and is expected to challenge the 10-day moving average on...
Global aluminium foils packaging market to grow at 3.6% during 2016-2020
<p>Consumption of aluminium foils is rising steadily all across the globe. According to Technavio's latest report, the global aluminium foil packaging market will grow at a CAGR of 3.69 per cent by volume during the period 2016-2020.<br /><br />Aluminium foils are produced by continuous casting and...
India ministry of mines data reveals aluminium demand-supply gap
<p>Aluminium consumption in India was estimated at 15.49 million tonnes (mt) during the second quarter of the current financial year. Total production volume, on the other side, stood at 14.47 mt in the same period previous year. Clearly, there is a demand-supply gap that remains to be bridged...
LME aluminium to remain range-bound while SHFE aluminium set for volatility this week
<p>LME aluminium is all set to enter another volatile phase this week. The contract, after having recovered from the initial aftershocks of the US Presidential election last week, was traded at US$1,777/mt on Friday, November 11. The market was primarily dominated by capital. Shanghai Metals...
Hindalco shares slip on share sale plan
<p>Shares of Hindalco Industries slipped on Tuesday amid reports that the company was planning to raise about $500 million through a share sale to reduce debt after a robust performance of the stock all through 2016.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
Global high purity alumina market slated to reach US$3.6 bn by 2021
<p>According to a recently published report by Persistence Market Research (PMR), the global high purity alumina market was valued at US$ 1.2 billion in 2014 and is projected to expand at a CAGR of 6.9 per cent during the forecast period to reach US$ 3.6 billion by the end of 2021.<br /><br />High...
Alcoa Corporation rises, parent Arconic slips during market debut
<p>Alcoa has officially separated into two independent companies, as the aluminium major separated its upstream operations from the value added businesses that supply the aerospace and ­automotive markets.<br /><br />After the separation, shares of Alcoa Corporation- the spin-off that contains...
Century Aluminium plant in West Virginia awaits new ownership
<p>Soon after reporting a net loss of $58.3 million ($0.67 per share) in Q3 2016 against $9.5 million ($0.11 per share) in Q2 2016, Century Aluminium is now awaiting a possible change of ownership, reported an industry source aware of the matter. Speculations are running rife that the aluminium...
Global aluminium foil packaging market to log robust growth during 2016-2022
<p>According to a recent report published by Persistence Market Research, robust economic growth along with rising middle population with inclining personal disposable income is anticipated to intensify the growth of global aluminium foil packaging market during the forecast period. The change in...
LME warehouse reforms distort aluminium's fundamental picture
<p>Reforms to the London Metal Exchange's global warehouse network have, as planned, cut the amount of metal trapped in storage, but the unintended consequence is a distorted fundamental picture and more pressure on already tumbling volumes.<br /><br />Since 2013, the LME has implemented measures...
Aluminum net shipments in the U.S. and Canada rise YOY in September
<p>According to an Aluminum Association estimate, Aluminum net shipments (including exports) by domestic U.S. and Canadian facilities totalled an estimated 2,027 million pounds during September. This recorded a 2.3 per cent increase YOY over the September 2015 total of 1,981 million pounds.</p>...
RUSAL Aluminium production results remain flat in Q3 2016
<p>UC RUSAL the leading, global producer of aluminium contributing about 7% of global production of aluminium and 7% of alumina announces its operating results for the third quarter 2016.<br /><br />In the aluminium segment, production results remain flat in the third quarter. Rusal Siberian...
China alumina prices to stay firm backed by clear supply deficit
<p>Alumina prices in China major markets will stay firm over the short term though the upward momentum is showing signs of slackening after logging continuous growth for some time now, said analysts at the Shanghai Metals Market. <br /><br /><img style="vertical-align: middle; display: block;...
Global dialogue can resolve excess aluminium capacity
<p>Aluminium industry experts from China and around the world attending an international seminar on the metal said Wednesday that they believe dialogue and innovation can help address overcapacity in the sector.<br /><br />China produces about half of the world's electrolytic aluminium, and its...
