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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Hydro posts record revenue of NOK 207,929 million for 2022 on higher realized all-in metal & alumina prices
Hydro entered the year 2022 amid a strong aluminium market but soon was dominated by a devastating war in Europe, an energy crisis, inflation, and a global economic slowdown, including a significant fall in demand. But amid all this, the company succeeded in delivering record results for the year,...
LME aluminium benchmark price closes US$8.5/t higher at US$2391/t; SHFE price drops to US$2706/t
After touching a 5-week low on Monday, February 13, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$7.50 per tonne and US$8.50 per tonne the next day to stand at US$2,389 per tonne and US$2,391 per tonne, as of February 14. But the 3-month bid price and...
A00 aluminium ingot price in China grows to RMB18,490/t; Alumina price falls by RMB2/t
China's A00 aluminium ingot price has grown by RMB 30 per tonne following yesterday's decline. However, in a W-o-W context, the price has marked a downfall of RMB 570 per tonne. The price as of today rested at RMB 18,490 per tonne, with the average prices likely to range between RMB 18,470 per...
Hindalco’s aluminium ingot price slips by INR3500/t with effect from February 14
Hindalco Industries Limited has further reduced its aluminium ingot and aluminium products prices by INR 3,500 per tonne or 1.5 per cent with effect from Tuesday, February 14. That has brought the company’s aluminium ingot price to INR 226,750 per tonne versus INR 230,250 per tonne on February 10....
Consumers to pay a fee of one cent on aluminium cans under CBCRA’s proposed recycling scheme
For Ontario soda users who prefer canned to bottled pop, grocery expenses are set to increase even more, if only marginally, this spring. As per reports, starting from April 1, a group backed by some of Canada's biggest food and beverage companies" will begin charging residents of the province a...
China’s A00 aluminium ingot price marks a W-o-W downfall of RMB540/t on Feb 14; Alumina spot price gains RMB1/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has dipped by RMB 10 per tonne, marking the fourth consecutive fall. The data suggests though the price has lost only RMB 10 per tonne on Tuesday, February 14, it has registered a week-on-week fall of RMB 540 per tonne. The...
LME aluminium price hits 5-week low as exchange inventories surge; SHFE price grows to US$2,716/t
LME aluminium opened at $2,459.5 per tonne on Monday and closed at $2,421.5 per tonne, a decrease of $26.5 per tonne or 1.08 per cent. On Monday, February 13, aluminium prices reached five-week lows as rising stockpiles in LME-approved warehouses dampened investor mood. As per the data, both LME...
NALCO cuts its aluminium ingot price for the second time in less than a week by INR4300/t
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and aluminium products prices for the second time in a row within a week. With effect from Saturday, February 11, NALCO has reduced its aluminium ingot price by INR 4,300 per tonne or 1.8 per cent to INR 231,850-235,350 per...
China’s A00 aluminium ingot price loses RMB100/t to RMB18,470/t; Aluminium powder price inches down by RMB0.1/kg
On Monday, February 13, China’s A00 aluminium ingot price opened the week with a fall of RMB 100 per tonne to halt at RMB 18,470 per tonne, with the average prices standing between RMB 18,450 per tonne and RMB 18,490 per tonne. The spot contract price is expected to be traded at a discount price of...
LME benchmark aluminium price heightens the first time in February by US$10/t; SHFE tanks US$52/t
LME aluminium opened at US$2,504 per tonne last Friday and closed at US$2,455 per tonne, a decrease of US$52 per tonne or 2.07 per cent. The LME aluminium price has been on a constant decline since the beginning of February with the first signs of upward inclination shown last Friday. On February...
Vedanta’s aluminium wire rod price experiences a continued cut of 2% with effect from February 10
Vedanta Limited has further reduced its aluminium ingot and aluminium products prices in response to the incessant LME aluminium price fall for over a week. The latest price chart indicates the company’s aluminium wire rod price has experienced a cut of INR 5,000 per tonne or 2 per cent, with...
Hindalco deducts INR5000/t from its aluminium ingot price with effect from February 10
Hindalco Industries Limited has continued reducing the prices of its aluminium ingot and aluminium products, effective from Friday, February 10, for the past week. Today’s deduction marks the third consecutive cut bringing the company’s aluminium ingot price to INR 230,250 per tonne, down by INR...
LME aluminium price drops by US$44.5/t to US$2,424.50/t; SHFE price loses US$30/t
LME aluminium opened at US$2,488 per tonne on Thursday and dropped to a low of US$2,460 per tonne, but then returned to US$2,500 per tonne and finally closed at US$2,507 per tonne, ending a six-day losing streak. On Thursday, February 9, both LME aluminium cash bid price and LME aluminium official...
China’s domestic A00 aluminium ingot price plummets by RMB310/t; Aluminium alloy (A356) price settles below RMB20000/t
According to the Shanghai Metals Market data, China’s domestic A00 aluminium ingot price has plummeted for the second day in a row by RMB 310 per tonne to come close to the RMB 18,500 per tonne level. As per the data shown, the price stands at RMB 18,570 per tonne as of Friday, February 10, with...
Vedanta reduces its aluminium ingot selling price by INR6250/t with effect from February 7
Vedanta Limited has extended its aluminium ingot and products price cut with effect from Tuesday, February 7. The company has reduced its aluminium ingot price by INR 6,250 per tonne or 2.58 per cent to INR 236,250-266,750 per tonne versus INR 242,500-273,000 per tonne on February 3. Vedanta’s...
China’s A00 aluminium ingot price drops by RMB180/t to RMB 18,880/t; Low carbon aluminium price slips to RMB19,472/t
Following growth a day before, the A00 aluminium ingot price has dropped by RMB 180 per tonne to settle at RMB 18,880 per tonne, with the spot contract price expected to be traded at a discount price of RMB 70 to RMB 30 per tonne. The average price is expected to range between RMB 18,860 per tonne...
LME benchmark aluminium price on a downward trend losses US$3.5/t; SHFE marks US$33/t fall
LME aluminium opened at US$2,535 per tonne on Wednesday and fell to US$2,471 per tonne before closing at US$2,487 per tonne, down 1.87 per cent. On February 8, Wednesday, the LME aluminium cash bid price and the LME aluminium official settlement price dropped by US$3.50 per tonne or 0.14 per cent...
Hindalco’s aluminium products prices see a slash for the second time in less than a week by INR6250/t
Hindalco Industries Limited has significantly reduced its aluminium products and aluminium ingot prices for the second consecutive time, in line with the back-to-back LME aluminium price fall since February 1. With effect from Tuesday, February 7, Hindalco has curtailed its aluminium wire rod price...
