NewsPricePage 104

Grow with
AL Circle

KNOW MORE
LME aluminium benchmark price grows by US$9.5/t to US$2,201.5/t; SHFE price falls by US$13/t
22 NOV 20232MINS

LME aluminium benchmark price grows by US$9.5/t to US$2,201.5/t; SHFE price falls by US$13/t

LME aluminium opened at US$2244.5 per tonne in the previous trading day, with its low and high at US$2233.5 per tonne and US$2264 per tonne, respectively, before closing at US$2255.5 per tonne, up US$11.5 per tonne or 0.51 per cent. On Tuesday, November 21, both LME aluminium cash bid price and LME...

LME benchmark aluminium price mounts 1.86% M-o-M with an average US$2,100 mark; SHFE ascends 1.1% today
21 NOV 20232MINS

LME benchmark aluminium price mounts 1.86% M-o-M with an average US$2,100 mark; SHFE ascends 1.1% today

LME aluminium opened at US$2213 per tonne in the previous trading day, with its low and high at US$2211 per tonne and US$2247 per tonne, respectively, before closing at US$2244 per tonne, up US$28 per tonne or 1.26 per cent. The LME aluminium live price chart on November 20 witnessed a spike in...

China’s A00 aluminium ingot price contracts by RMB80/t M-o-M; Alumina price inches down by RMB1/t
21 NOV 20232MINS

China’s A00 aluminium ingot price contracts by RMB80/t M-o-M; Alumina price inches down by RMB1/t

On Tuesday, November 21, China’s A00 aluminium ingot price gained RMB 50 per tonne to score RMB 19,000 per tonne. However, on M-o-M calculation, the price has fallen by RMB 80 per tonne from RMB 19,080 per tonne recorded on October 20. Today, the average prices are expected to stand between RMB...

SMM A00 aluminium ingot price levitates by RMB140/t today; Aluminium alloy (A356) price gathers RMB150/t
20 NOV 20232MINS

SMM A00 aluminium ingot price levitates by RMB140/t today; Aluminium alloy (A356) price gathers RMB150/t

The Shanghai Metals Market, on November 20, experienced an overall surge in aluminium prices, with the SMM A00 aluminium ingot price skyrocketing by RMB 140 per tonne to close at RMB 18,950 per tonne. The average aluminium prices have circulated between RMB 18,930 per tonne and RMB 18,970 per...

LME aluminium benchmark price drops to US$2,165/t; SHFE price gains US$37/t to US$2,638/t
20 NOV 20232MINS

LME aluminium benchmark price drops to US$2,165/t; SHFE price gains US$37/t to US$2,638/t

LME aluminium opened at US$2212.5 per tonne in the previous trading day, with its low and high at US$2196 per tonne and US$2218 per tonne, respectively, before closing at US$2216 per tonne, up US$4.5 per tonne or 0.2 per cent. On Friday, November 17, LME aluminium cash bid price and LME aluminium...

LME benchmark aluminium price loses US$11.50/t; SHFE aluminium price sheds US$11/t mid-November
17 NOV 20232MINS

LME benchmark aluminium price loses US$11.50/t; SHFE aluminium price sheds US$11/t mid-November

LME aluminium opened at US$2233 per tonne in the previous trading day, with its low and high at US$2211.5 per tonne and US$2234 per tonne, respectively, before closing at US$2211.5 per tonne, down US$23.5 per tonne or 1.05 per cent. The LME aluminium live price chart on November 16 witnessed...

China’s A00 aluminium ingot price falls by RMB120/t to RMB 18,810/t; Alumina price loses RMB4/t
17 NOV 20232MINS

China’s A00 aluminium ingot price falls by RMB120/t to RMB 18,810/t; Alumina price loses RMB4/t

On Friday, November 17, China’s A00 aluminium ingot price slumps by RMB 120 per tonne to clock at RMB 18,810 per tonne, with the average prices between RMB 18,790 per tonne and RMB 18,830 per tonne. The spot contract price is expected to be traded at a discount price of RMB 50 to RMB 10 per tonne....

SMM A00 aluminium ingot price deflects RMB50/t today, up 0.42% Y-o-Y; Low-carbon aluminium price sheds RMB4/t
16 NOV 20232MINS

SMM A00 aluminium ingot price deflects RMB50/t today, up 0.42% Y-o-Y; Low-carbon aluminium price sheds RMB4/t

On November 16, the Shanghai Metals Market registered depleting aluminium prices all over China, with the SMM A00 aluminium ingot price losing RMB 50 per tonne to close at RMB 18,930 per tonne. The average aluminium prices have circulated between RMB 18,910 per tonne and RMB 18,950 per tonne. If we...

China’s alumina spot price deflects RMB4/t; SMM A00 aluminium ingot price gains RMB70/t
15 NOV 20232MINS

China’s alumina spot price deflects RMB4/t; SMM A00 aluminium ingot price gains RMB70/t

The average alumina spot price in China has slumped by RMB 4 per tonne, closing at RMB 3,002 per tonne. Alumina price in Shandong has negated RMB 10 per tonne to rest at RMB 2,965 per tonne. Alumina prices in Shanxi and Guangxi have both toned down by RMB 5 per tonne to park at RMB 3,010 per tonne...

LME benchmark aluminium price dips US$26.5/t mid-week; SHFE aluminium price adds US$25/t
15 NOV 20232MINS

LME benchmark aluminium price dips US$26.5/t mid-week; SHFE aluminium price adds US$25/t

LME aluminium opened at US$2235 per tonne in the previous trading day, with its low and high at US$2214 per tonne and US$2244.5 per tonne, respectively, before closing at US$2224 per tonne, down US$6 per tonne or a decrease of 0.27 per cent. On November 14, the LME aluminium live price chart...

ALRO’s net sales mark a fall of 7.7% in Q3 2023 despite a rise in primary & processed aluminium production
14 NOV 20232MINS

ALRO’s net sales mark a fall of 7.7% in Q3 2023 despite a rise in primary & processed aluminium production

On Monday, November 13, ALRO S.A., one of Europe's largest vertically integrated aluminium producers by production capacity, announced its third quarter and the consolidated nine-month results of 2023. The Group reported its net sales of RON 682.8 million for Q3, down by 7.70 per cent from RON...

LME aluminium price sees a 0.68% rise to US$2,220.5/t; SHFE price grows slightly by US$4/t
14 NOV 20232MINS

LME aluminium price sees a 0.68% rise to US$2,220.5/t; SHFE price grows slightly by US$4/t

LME aluminum opened at US$2,222.50 per tonne on Monday, with its low and high at US$2,203 per tonne and $2,235 per tonne, respectively, before closing at US$2,230 per tonne, up US$9 per tonne or 0.41 per cent. On Monday, November 13, the LME aluminium cash bid price and LME aluminium official...

China’s A00 aluminium ingot price grows to RMB 18,910/t; Low carbon aluminium price hikes by RMB77/t
14 NOV 20232MINS

China’s A00 aluminium ingot price grows to RMB 18,910/t; Low carbon aluminium price hikes by RMB77/t

On Tuesday, November 14, China’s A00 aluminium ingot price added RMB 60 per tonne to settle at RMB 18,910 per tonne, with the average prices between RMB 18,890 per tonne and RMB 18,930 per tonne. As per the Shanghai Metals Market (SMM) data, the prices have grown in all the provinces except in...

Century Aluminum posts an 11% Q-o-Q fall in net income on lower shipments and poor LME prices
13 NOV 20232MINS

Century Aluminum posts an 11% Q-o-Q fall in net income on lower shipments and poor LME prices

Century Aluminum Company, a global primary aluminium producer with operations in the United States and Iceland, announced its third quarter results for 2023 last week, disclosing a fall of 10.97 per cent in net income attributable to Century stakeholders. Net income in Q3 2023 stood at US$13.8...

China’s A00 aluminium ingot price falls below RMB19000/t as an impact of inventory pressure
13 NOV 20233MINS

China’s A00 aluminium ingot price falls below RMB19000/t as an impact of inventory pressure

According to the Shanghai Metals Market, A00 aluminium ingot price has marked a decline for the third day in a row by RMB 280 per tonne to stand below RMB 19,000 per tonne as of Monday, November 13. Data shows the price has come in at RMB 18,850 per tonne, with average prices likely to range...

Primary weekly recap: Get ready for some of the biggest aluminium industry events, ARABAL and ICSOBA 2023
11 NOV 20234MINS

Primary weekly recap: Get ready for some of the biggest aluminium industry events, ARABAL and ICSOBA 2023

It is time to prepare for an electrifying event as Ma’aden hosts ARABAL 2023 with the patronage of H.E. Bandar AlKhorayef, Minister of Industry and Mineral Resources for the Kingdom of Saudi Arabia. And that’s not all! Emirates Global Aluminium, the largest industrial company in the United Arab...

Alba’s Q3 2023 profit records a sharp fall of 64% Y-o-Y despite higher sales volume; Poor LME prices are held responsible
10 NOV 20232MINS

Alba’s Q3 2023 profit records a sharp fall of 64% Y-o-Y despite higher sales volume; Poor LME prices are held responsible

Aluminium Bahrain B.S.C. (Alba) has announced its third quarter financial results for 2023, whereby it disclosed a profit of BD17.3 million ($46 million), down by 64 per cent from the last year due to poor LME prices and lower premiums. The company’s revenue also edged a fall Y-o-Y from BD403.2...

LME aluminium benchmark price faces fluctuations in November, down US$30.5/t; SHFE aluminium price maintains US$2600/t mark
10 NOV 20232MINS

LME aluminium benchmark price faces fluctuations in November, down US$30.5/t; SHFE aluminium price maintains US$2600/t mark

LME aluminium opened at US$2261.5 per tonne on Thursday, with its low and high at US$2233 per tonne and US$2266 per tonne respectively before closing at US$2238 per tonne, down US$26 per tonne, or a decrease of 1.13 per cent. The LME aluminium live price chart , on November 9 marked an overall...