LME aluminium price eases 0.3% on September 10; stocks remain stable at 244,525/t
The London Metal Exchange (LME) aluminium price graph contracted on September 10 across cash and contracts, with longer-dated contracts reporting nearly 1 per cent decline. The aluminium opening stocks, however, remained stable. The LME aluminium cash bid price shifted from USD 3,351.5 per tonne on...
Aluminium tariffs, not Trump’s alcohol ban, are the bigger threat to BC brewers
The escalating US-Canada trade conflict is putting pressure on the US alcohol industry from two directions. The BC wine and beer industry is facing fresh uncertainty as the US President Donald Trump proposed to block most Canadian alcoholic beverage imports from September 29, 2026. While British...
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China’s A00 aluminium ingot price soars by RMB90/t to RMB18,240/t; Low carbon aluminium grows RMB118/t
A00 aluminium ingot price has heightened by RMB 90 per tonne, officially closing at RMB 18,240 per tonne, as the Shanghai Metals Market recorded on March 20. The average prices are expected to range between RMB 18,220 per tonne and RMB 18,260 per tonne, with spot contracts trading at discount...
LME aluminium price slips to US$2,232/t; SHFE price moves down by US$3/t to US$2,645/t
LME aluminium opened at US$2,280.5 per tonne last Friday, with its high and low at US$2,314 per tonne and US$2,262 per tonne, respectively, before closing at US$2,278 per tonne, a drop of US$2 per tonne or 0.09 per cent. On Friday, March 17, LME aluminium cash bid price and LME aluminium official...
NALCO’s aluminium ingot price experiences a third cut since February-end
National Aluminium Company Limited (NALCO) has slashed its aluminium ingot and aluminium products prices for the third time in a row since the February end. With effect from Saturday, March 18, the company has cut its aluminium ingot price by INR 3,800 per tonne or 1.73 per cent to INR...
Primary aluminium weekly recap: Alcoa decides to curtail 75% production at Portland aluminium smelter; Vedanta forms alliance with Dalmia Cement delivering fly ash for low-carbon cement
This week, the primary aluminium sector has witnessed major impending issues, like the Slovenian aluminium producer Talum’s closed operations, directly affecting the jobs and livelihood of 189 workers. While on the other side, we see €1.2 million from the European Globalisation Adjustment Fund for...
Hindalco’s aluminium products prices again record a fall on March 16 after an intermittent hike
Hindalco Industries Limited again cut its aluminium products prices on March 16 after an intermittent hike the previous day. According to the latest price list, the company’s aluminium wire rod price has come in at INR 225,100 per tonne as of March 16, down by INR 2,000 per tonne. On March 15, the...
Production cost surge fails to suppress Rusal’s aluminium output in 2022 but weighs on profit
On Friday, March 17, Rusal announced a higher aluminium production in 2022, mitigating several challenges like Australia’s alumina export ban to Russia, suspension of alumina production at the Mykolaiv refinery, and inflated production cost due to energy and raw materials price hike. Rusal’s...
LME aluminium price settles at US$8.5/t lower; SHFE price grows reflecting a W-o-W hike
Three-month LME aluminium opened at US$2,283 per tonne and settled at US$2,280 per tonne, down 0.07 per cent. On Thursday, March 16, the LME aluminium cash bid price saw a further drop of US$8 per tonne or 0.36 per cent to stand at US$2,237 per tonne, and the LME aluminium official settlement price...
China’s A00 aluminium ingot price travels US$10/t upward on March 17; Low carbon aluminium price grows US$60/t
A00 aluminium ingot price has jumped up by RMB 10 per tonne, officially closing at RMB 18,150 per tonne, as the Shanghai Metals Market recorded on March 17. The average prices are expected to range between RMB 18,130 per tonne and RMB 18,170 per tonne, with spot contracts trading at discount prices...
LME benchmark aluminium price sheds US$26/t on March 15; SHFE aluminium price slumps by US$33/t
LME aluminium opened at US$2,349 per tonne on Wednesday and sank to US$2,261 per tonne before closing at US$2,281 per tonne, down 3 per cent. On March 15, Wednesday, the LME aluminium cash bid price dropped by US$26 per tonne or 1.14 per cent to clock at US$2,245 per tonne, and the LME aluminium...
China’s A00 aluminium ingot price falls by RMB180/t to RMB18,140/t; Aluminium powder price dips by RMB0.2/kg
On Thursday, March 16, China’s A00 aluminium ingot price has contracted by RMB 180 per tonne to close at RMB 18,140 per tonne, with the spot contract price expected to be traded at a discount price of RMB 60 to RMB 20 per tonne. The average price is expected to range between RMB 18,120 per tonne...
Vedanta’s aluminium ingot price sees a growth after several cuts since March 7, thanks to the LME price hike
Vedanta Limited has lifted its aluminium ingot and aluminium products prices on Wednesday, March 15, after several cuts, in response to the LME aluminium price hike. Vedanta, India's leading aluminium producing company, has added INR 4,500 per tonne to its aluminium ingot price to sell the primary...
China’s A00 aluminium ingot price glides RMB40/t up; Aluminium alloy (A356) price surges by RMB50/t
A00 aluminium ingot price has ascended by RMB 40 per tonne, officially closing at RMB 18,320 per tonne, as the Shanghai Metals Market recorded on March 15. The average prices are expected to range between RMB 18,300 per tonne and RMB 18,340 per tonne, with spot contracts trading at discount prices...
LME aluminium benchmark price grows to US$2,272/t; SHFE price remains the same at US$2,663/t
LME aluminium opened at US$2,321 per tonne on Tuesday and closed at US$2,352 per tonne, an increase of US$32 per tonne or 1.38 per cent. On Tuesday, March 14, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$35.5 per tonne or 1.58 per cent to close at...
Hindalco continues to cut its aluminium products prices, bringing the wire rod price to INR222600/t on March 14
Hindalco Industries Limited has continued to cut its aluminium products prices for the fourth consecutive time since March 2 in line with the sluggish trend in the LME aluminium benchmark price. With effect from Tuesday, March 14, Vedanta has reduced its aluminium wire rod price by INR 1,500 per...
LME benchmark aluminium price slides down by US$12.5/t to US$2236.5/t; SHFE price soars US$17/t
LME aluminium opened at US$2310 per tonne on Monday and fell to US$2,275 per tonne before closing at US$2,320 per tonne, up 0.59 per cent. On March 13, Monday, the LME aluminium cash bid price slumped by US$12.50 per tonne or 0.56 per cent to clock at US$2,235.50 per tonne, and the LME aluminium...
China's A00 aluminium ingot price moves up by RMB60/t; Low carbon aluminium price mounts to RMB18,932/t
On Tuesday, March 14, A00 aluminium ingot price in China went up by RMB 60 per tonne to halt at RMB 18,280, with the spot contract price expected to be traded at a discount price of RMB 30 per tonne and premium price of RMB 10 per tonne. The average price is expected to range between RMB 18,260 per...
China’s A00 aluminium ingot price drops RMB10/t on March 13; Low carbon aluminium price gathers RMB20/t
A00 aluminium ingot price has slumped by RMB 10 per tonne, officially closing at RMB 18,220 per tonne, as the Shanghai Metals Market recorded on March 13. The average prices are expected to range between RMB 18,200 per tonne and RMB 18,240 per tonne, with spot contracts trading at discount prices...
LME aluminium closes the week with a fall of US$42/t to US$2,249/t; SHFE price grows by US$20/t
LME aluminium opened at US$2,324 per tonne last Friday and fell to US$2,285 per tonne before closing at US$2,306 per tonne, down 0.58 per cent. On Friday, March 10, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$42 per tonne or 1.83 per cent to settle at...
