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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LME aluminium price plummets by US$45.5/t to stand below US$2400/t; SHFE grows slightly by US$3/t
Three-month LME aluminium opened at US$2,458.50 per tonne last night and closed at US$2,413 per tonne, down US$46 per tonne or 1.87 per cent. On Wednesday, February 22, the LME aluminium benchmark price registered a significant decline after two consecutive days of hike. While the LME aluminium...
A00 aluminium ingot price in China falls by RMB190/t W-o-W to RMB 18,620/t; Low carbon aluminium price slips to RMB19,213/t
On Thursday, February 23, A00 aluminium ingot price in China has remained restrained since Tuesday, February 21. The price as of today settled at RMB 18,620 per tonne, with the average prices standing between RMB 18,600 per tonne and RMB 18,640 per tonne. The spot contract price is expected to be...
Vedanta lifts its aluminium wire rod & billet prices for the second day in a row by INR3500/t
Vedanta Limited has lifted its aluminium products prices and aluminium ingot prices for the second day in a row, bringing its aluminium wire rod price to INR 239,500-247,000 per tonne. That was an increase of INR 3,500 per tonne from the previous day. On February 21, Vedanta’s aluminium wire rod...
Aluminium production cut in Yunnan begins sending domestic metal prices range-bound: SMM
As expected earlier, aluminium production cut in Yunnan province and weaker-than-expected demand recovery would make the metal prices range-bound; both primary aluminium ingot price and aluminium alloys prices have remained muted as of Wednesday, February 22. According to the Shanghai Metals...
LME aluminium price hikes by US$38.5/t to US$2,430.50/t; SHFE price moves down by US$19/t
LME aluminium opened at US$2,455 per tonne on Tuesday and closed at US$2,459 per tonne, a decrease of US$3 per tonne or 0.12 per cent. On Tuesday, February 22, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$40 per tonne or 1.67 per cent and US$38.5 per...
Alumina spot price in China records a W-o-W fall of RMB4/t as of Feb 21; A00 aluminium ingot price drops by RMB70/t
On Tuesday, February, the average alumina spot price in China inched up by RMB 1 per tonne after remaining restrained since February 16. The price as of today settled at RMB 2,947 per tonne. On a W-o-W calculation, a drop of RMB 4 per tonne was seen from RMB 2,951 per tonne recorded on February 16....
LME aluminium benchmark price mounts to US$2392/t after three days of fall; SHFE grows by US$5/t
Three-month LME aluminium opened at US$2,395 per tonne on Monday and closed at US$2,462 per tonne, an increase of US$72 per tonne or 3.01 per cent. On Monday, February 20, LME aluminium cash bid price and LME aluminium official settlement price skyrocketed by US$55.50 per tonne and US$57 per tonne,...
AMAG Austria posts record-breaking revenue and earnings for 2022, benefitting from attractive aluminium prices
AMAG Austria Metal AG, the biggest company in the Austrian Aluminium Industry sector, has achieved a record annual result for 2022, exceeding the previous year’s mark. The company’s 2022 revenue superseded the former year’s EUR 1,259.4 million by registering a growth of 37.1 per cent. In 2022, AMAG...
A00 aluminium ingot price rallies by RMB230/t over the weekend; Aluminium alloys prices grow uniformly by RMB250/t
China’s domestic A00 aluminium ingot price has opened the week on Monday, February 20, with a hike of RMB 230 per tonne to RMB 18,690 per tonne, found the Shanghai Metals Market. This brings the price week-on-week higher by RMB 220 per tonne or 1.19 per cent from RMB 18,470 per tonne but stands low...
LME aluminium benchmark price falls by US$6.5/t to US$2,335/t; SHFE price hikes to US$2,733/t
LME aluminium opened at US$2,413 per tonne last Friday and closed at US$2,390 per tonne, a decrease of US$28 per tonne or 1.16 per cent. On Friday, February 17, both LME aluminium cash bid price and LME aluminium official settlement price moved down by US$6.5 per tonne or 0.27 per cent to halt at...
Hindalco’s aluminium products prices suffer a loss of INR3750/t with effect from February 17
On Friday, February 17, Hindalco Industries Limited further slashed its aluminium ingot and aluminium products prices to match the global aluminium benchmark price. According to the price chart revealed by the company on February 17, Hindalco cut its aluminium wire rod price by INR 3,750 per tonne...
Vedanta’s aluminium ingot price shrinks for the second time in a week to INR223,750-254,250/t
Vedanta Limited has again reduced its aluminium ingot and aluminium products prices, with effect from Friday, February 17, bringing its aluminium ingot price to INR 223,750-254,250 per tonne. The price is down by INR 4,000 per tonne from INR 227,750-258,250 per tonne on February 14. Vedanta has...
NALCO's price reduction escalates, aluminium wire rod price sees a cut of INR5300/t
National Aluminium Company Limited (NALCO) has again curtailed its aluminium products prices in less than a week from the previous cut. With effect from Thursday, February 16, NALCO’s aluminium wire rod price has been reduced by INR 5,300 per tonne or 2.24 per cent to INR 231,050 -235,400 per...
LME aluminium benchmark price dips by 1% to settle at US$2341.5/t; SHFE price gains US$10/t
Three-month LME aluminium opened at US$2,389 per tonne on Thursday, February 16, and closed at US$2,418 per tonne, an increase of US$33.50 per tonne or 1.4 per cent. On Thursday, February 16, both LME aluminium cash bid price and LME aluminium official settlement price extended fall for the second...
A00 aluminium ingot price in China falls by RMB110/t W-o-W on Feb 17; Low carbon aluminium price moves up to RMB 19,046/t
On Friday, February 17, China’s A00 aluminium ingot price gained RMB 30 per tonne to stand at RMB 18,460 per tonne. However, on a W-o-W calculation, the aluminium ingot price has plunged by RMB 110 per tonne from RMB 18,570 per tonne recorded on February 10. The spot contract price as of today is...
Alumina spot price in China stands W-o-W low by RMB4/t on February 16; A00 aluminium ingot price declines to RMB18430/t
According to the Shanghai Metals Market, the average alumina spot price in China has dipped for the second day in a row by RMB 3 per tonne to stand at RMB 2,946 per tonne on Thursday, February 16. On a week-on-week calculation, the price is down by RMB 4 per tonne from RMB 2,950 per tonne on...
LME aluminium benchmark price descends by US$24/t to US$2,367/t; SHFE price slips by US$17
LME aluminium opened at US$2,414 per tonne on Wednesday and closed at US$2,388 per tonne, a decrease of US$19.5 per tonne or 0.81 per cent. On Wednesday, February 15, both LME aluminium cash bid price and LME official settlement price dropped by US$22.5 per tonne or 0.94 per cent and US$24 per...
Vedanta reduces its aluminium ingot selling price to INR227,750-258,250/t w.e.f. February 14
Vedanta Limited cut its aluminium ingot and aluminium products prices by INR 3,500 per tonne on Tuesday, February 14. That brought the company’s aluminium ingot price to INR 227,750-258,250 per tonne versus INR 231,250-261,750 per tonne on February 7. With the latest cut, Vedanta’s aluminium wire...
