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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A00 aluminium ingot price in China mounts to RMB18,960/t; Alumina price in Henan grows by RMB5/t
On Wednesday, February 1, A00 aluminium ingot price in China has hiked by RMB 230 per tonne, compared to the previous day, where the price had witnessed a fall of RMB 40 per tonne. The price as of today closed at RMB 18,960 per tonne, with the spot contract price expected to be traded at a discount...
LME benchmark aluminium price slumps by US$43.5/t to US$2533.5/t; SHFE soars US$44/t up
LME aluminium opened at US$2,572 per tonne on Tuesday and closed at US$2,648 per tonne, an increase of US$82 per tonne or 3.2 per cent. On January 31, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price plunged by US$43.50 per tonne or 1.69 per cent, settling...
Hindalco’s aluminium wire rod price dips by INR1500/t on January 31
Hindalco Industries Limited has trimmed its aluminium products and aluminium ingot prices, with effect from January 31, following a surge in the previous week. The company has cut its aluminium wire rod price by INR 1,500 per tonne to sell the product at INR 252,100 per tonne versus INR 251,600 per...
China’s A00 aluminium ingot price plunges by RMB40/t after CNY holidays; Alumina price in Guizhou gains RMB10/t
A00 aluminium ingot price has shrunk by RMB 40 per tonne, halting at RMB 18,730 per tonne, as the Shanghai Metals Market recorded on January 31. The aluminium prices are on a downward trajectory just after the Chinese New Year holidays are over. The average prices are expected to range between RMB...
LME aluminium price dips by US$20/t to US$2,577/t; SHFE price falls by US$39/t
LME aluminium opened at US$2,631.5 per tonne on Monday and closed at US$2,566 per tonne, a decrease of US$61.5 per tonne or 2.34 per cent. On Monday, January 30, both LME aluminium cash bid price and LME aluminium official settlement price moved down by US$20 per tonne or 0.78 per cent and 0.77 per...
China’s A00 aluminium ingot price opens the week with a fall of RMB210/t; Australian alumina price grows to US$370/t
On Monday, January 30, A00 aluminium ingot price in China opened the week with a drop of RMB 210 per tonne to halt at RMB 18,770 per tonne. The spot contract price is expected to be traded at a discount price of RMB 130 per tonne to RMB 90 per tonne, with the average prices expected to stand...
LME benchmark aluminium price stoops to US$2597/t with US$1/t fall; SHFE aluminium closes at US$2826/t
LME aluminium opened at US$2,593 per tonne last Monday, with its weekly high and low at US$2,664 per tonne and US$2,593 per tonne respectively before closing at US$2,627.5 per tonne, an increase of US$37.5 per tonne or 1.45 per cent. On January 27, Friday, the LME aluminium cash bid price dropped...
Primary aluminium weekly recap: Vedanta acquires 2nd rank in S&P Dow Jones Sustainability Index for FY2021-22 aluminium industry; Hydro calls for sanctions against Russian aluminium adhering EU’s Critical Raw Materials Act
Vedanta Aluminium has attained the second position in world ranking according to the S&P Dow Jones Sustainability Index (DJSI) for the aluminium industry (FY2021-22). Hydro spearheads the call for sanction against Russian aluminium under provisions laid by the EU’s Critical Raw Materials Act. The...
NALCO’s aluminium wire rod price grows for the third week in a row to INR247350-251700/t
A week later, since the last hike, National Aluminium Company Limited (NALCO) has further increased its aluminium products and aluminium ingot prices, with effect from Thursday, January 26. This marks the third consecutive escalation in NALCO’s aluminium prices. According to the latest price chart...
LME aluminium benchmark price loses US$8/t to close at US$2598/t; SHFE is closed for CNY
The LME aluminium benchmark price slipped on Thursday, January 26, after three consecutive days of rise. While the LME aluminium cash bid price shrank by US$8.5 per tonne or 0.33 per cent to US$2,597 per tonne, the LME aluminium official settlement price contracted by US$8 per tonne to stand at...
Hindalco’s aluminium wire rod price records the first growth this week to INR253600/t
Hindalco Industries Limited increased its aluminium products prices by INR 2,000 per tonne, with effect from January 25. That brought the company’s aluminium wire rod price to INR 253,600 per tonne versus INR 251,600 per tonne on January 21. Hindalco’s aluminium billets price came in at INR 256,600...
LME aluminium price moves up for the third day in a week to US$2606/t; SHFE is closed for CNY
The LME aluminium benchmark price continued to grow for the third consecutive day this week, and that too at a higher rate than the two previous days. On Wednesday, January 25, both the LME aluminium cash bid price and the LME aluminium official settlement price grew by US$11.50 per tonne or 0.44...
Vedanta‘s aluminium wire rod price accumulates INR2000/t on January 25
Vedanta Limited has added INR 2,000 per tonne to its aluminium products and aluminium ingot prices on Wednesday, January 25. That brought the company’s aluminium wire rod price to INR 251,000-258,500 per tonne versus INR 249,000-256,500 on January 21. Vedanta increased its aluminium wire rod price...
LME aluminium benchmark price grows marginally by US$1.5/t; SHFE is closed for CNY holiday
The LME aluminium benchmark price started the week on Monday with a marginal rise and continued to do so the next day. On Tuesday, January 24, both the LME aluminium cash bid price and the LME aluminium official settlement price climbed only US$1.50 per tonne to settle at US$2,594 per tonne and...
LME benchmark aluminium price moves up by US$7.5/t to US$2593/t; SHFE stays shut for Chinese New Year
On January 23, Monday, the LME aluminium cash bid price and the LME aluminium official settlement price had a meagre elevation of US$7.50 per tonne or 0.29 per cent, closing at US$2,592.50 per tonne and US$2,593 per tonne, respectively. Though the previous week was completely in turmoil as the...
Hindalco’s aluminium billets price closed the week ended January 21 at INR254600/t
Hindalco Industries Limited elevated its aluminium products prices on Saturday, January 21, following a significant slash on the previous day. Both the actions were in line with the LME aluminium price movement. On January 21, Hindalco’s aluminium billets price was lifted by INR 3,500 per tonne to...
LME benchmark aluminium price skips to US$2585.5/t gaining US$44.5/t; SHFE remains closed for Chinese New Year
On January 20, Friday, the LME aluminium cash bid price spiked by US$46 per tonne or 1.81 per cent, and the LME aluminium official settlement price went upward by US$44.50 per tonne or 1.75 per cent, closing at US$2,585 per tonne and US$2,585.50 per tonne, respectively. The 3-month bid price marked...
Primary aluminium weekly recap: Alba’s introduction of FCN Project heightens Potline production to 17000 tpa; Alcoa declares 2.5% Y-o-Y revenue growth to US$12451 million in 2022
The primary aluminium sector has witnessed progressive initiatives this week, with Aluminium Bahrain B.S.C. (Alba) hosting a drive to commission the Forced Cooling Network (F.C.N.) Project at Potlines 4 and 5, allowing the first aluminium smelter in the Middle East to augment production capacity by...
