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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Primary aluminium weekly recap: Slovalco closes aluminium operations after 70 working years; Aluminium Dunkerque to begin operations surpassing electricity problems
This week the primary aluminium sector has marked various shortcomings, with Slovalco closing the only aluminium smelter in Slovakia after 70 years of successful operation. The rising energy crisis in Europe and the impending effects of the Russia-Ukraine crisis have started showing their shades...
China’s A00 aluminium ingot price closes the week with a growth of RMB230/t; Alumina price inches up by RMB1/t
The A00 aluminium ingot price in China has been on the rise since Monday, January 9. As of Friday, January 13, the price has been recorded at RMB 18,460 per tonne with a hike of RMB 230 per tonne. The average price for the same may orbit between RMB 18,440 per tonne and RMB 18,480 per tonne, with...
LME benchmark aluminium price strides down by US$4/t; SHFE marks sixth day of rise with US$31/t spike
LME aluminium opened at US$2,458 per tonne on Wednesday and closed at US$2,489 per tonne, an increase of US$26 per tonne or 1.06 per cent. On January 12, Thursday, the LME aluminium cash bid price swamped in a long time by US$4.50 per tonne or 0.18 per cent, closing at US$2,446 per tonne, and the...
NALCO’s aluminium ingot price skyrockets by INR13500/t on January 12
National Aluminium Company Limited (NALCO) has escalated its aluminium ingot and aluminium products prices sharply on Thursday, January 12, in response to the LME aluminium benchmark price rally for over the past three days. The company has lifted its aluminium ingot price by INR 13,500 per tonne...
LME aluminium price rallies by US$54/t to close at US$2451/t; SHFE price edges a US$21/t hike
Three-month LME aluminium opened at US$2,458 per tonne on Wednesday and closed at US$$2,489 per tonne, an increase of US$26 per tonne or 1.06 per cent. On Wednesday, January 11, both the LME aluminium cash bid price and the LME aluminium official settlement price recorded a surge for the third day...
Australian alumina FOB price ascends by US$15/t; China’s domestic A00 aluminium price levitates by RMB120/t
Today, the alumina spot price in China has witnessed an RMB 2 per tonne rise, closing at RMB 2,932 per tonne, while the alumina price in Henan and Guangxi have both seen an increase of RMB 15 per tonne to halt at RMB 2,980 per tonne and RMB 2,880 per tonne. The Australian alumina FOB price has...
Hindalco’s aluminium ingot price further accumulates INR5000/t on January 11
Hindalco Industries Limited has hiked its aluminium ingot and aluminium products prices for the second day in a row on January 11, 2023. With the recent price rise, the company’s aluminium ingot price has come in at INR 226,750 per tonne per tonne, up by INR 5,000 per tonne or 2.25 per cent from...
LME benchmark aluminium price arrives at US$2397/t with 2.59% boost; SHFE amps up by US$11/t
LME aluminium opened at US$2,423 per tonne on Tuesday and closed at US$2,458 per tonne, an increase of US$19.8 per tonne or 0.8 per cent. On January 10, Tuesday, LME aluminium cash bid price floated up by US$59 per tonne or 2.52 per cent, closing at US$2,395 per tonne and the LME aluminium official...
A00 aluminium ingot price in China grows to RMB 18,110/t; Low carbon aluminium price hikes by RMB130/t
The A00 aluminium ingot price on Wednesday, January 11, has increased by RMB 110 per tonne to halt at RMB 18,110 per tonne, with the spot contract price expected to be traded at a discount price of RMB 90 to RMB 50 per tonne. The average may range between RMB 18,090 per tonne and RMB 18,130 per...
US domestic primary aluminium production improves 3000 tonnes M-o-M in Oct’22, with negligible change in daily output
The United States domestic primary aluminium production in October 2022 stood at 64,000 tonnes, registering an increase of 3,000 tonnes month-on-month from 61,000 tonnes in September, found the US Census Bureau data. But on a year-on-year calculation, the output decreased by 12,000 tonnes or 15.8...
Vedanta Ltd lifts its aluminium ingot price by INR7,750/t with effect from January 10
Vedanta Limited has lifted its aluminium ingot and aluminium products prices by INR 7,750 per tonne, with effect from Tuesday, January 10. That has brought the company’s aluminium ingot price to INR 222,750-253,250 per tonne versus INR 215,000-245,500 per tonne on January 7. Vedanta’s aluminium...
LME aluminium price expands by US$94/t to US$2336.50/t; SHFE price ascends by US$38/t
LME aluminium opened at US$2,313 per tonne on Monday and closed at US$2,425 per tonne, an increase of US$129.5 per tonne or 5.64 per cent. On Monday, January 9, both LME aluminium cash bid price and LME aluminium official settlement price expanded by US$94 per tonne or 4.19 per cent to settle at...
China’s A00 aluminium ingot price rallies up by RMB140/t to RMB18000/t; Low carbon aluminium gains RMB170/t
A00 aluminium ingot price has escalated by RMB 140 per tonne, resting at RMB 18,000 per tonne, as the Shanghai Metals Market recorded on Tuesday, January 10. The average prices are expected to range between RMB 17,980 per tonne and RMB 18,020 per tonne, with spot contracts trading at discount...
Hindalco’s aluminium wire rod & billets prices shrink by INR1500/t with effect from Jan 7
Hindalco Industries Limited has cut its aluminium products and aluminium ingot prices for the third time in a row since the year 2023 began. With effect from Saturday, January 7, Hindalco has trimmed its aluminium wire rod price by INR 1,500 per tonne from INR 226,600 per tonne to INR 225,100 per...
LME benchmark aluminium price slumps by US$27.5/t; SHFE marks US$39/t upward stroke
LME aluminium opened at US$2,259.5 per tonne last Friday and closed at US$2,308 per tonne, an increase of US$52.5 per tonne or 2.33 per cent. On January 6, Friday, LME aluminium cash bid price plunged by US$26 per tonne or 1.15 per cent, closing the week at US$2,242 per tonne and the LME aluminium...
China’s A00 aluminium ingot price opens the week with a growth of RMB160/t; Low carbon aluminium price ascends to RMB 18,432/t
After recording a downfall since December 30, 2022, the A00 aluminium ingot has hiked by RMB 160 per tonne to halt at RMB 17,860 per tonne, from RMB 17,700 per tonne recorded last week. As per the SMM data, the average price for Monday, January 9, ranged between RMB 17,840 per tonne and RMB 17,880...
NALCO reduces its aluminium ingot price by INR9400/t on Jan 6 in line with LME price contract
National Aluminium Company Limited (NALCO) has slashed its aluminium ingot and aluminium products prices, with effect from January 6, in line with the plunge in LME aluminium benchmark price by US$95 per tonne through the last week. NALCO has sharply cut its aluminium ingot price by INR 9,400 per...
Vedanta lifts its aluminium ingot price by INR1250/t on January 6 after a slash on the previous day
Vedanta Limited has increased its aluminium ingot and alumium products prices, with effect from Thursday, January 6, following a slash last day. On January 6, Vedanta’s aluminium ingot price has seen a rise of INR 1,250 per tonne to peg at INR 217,500-248,000 per tonne. On January 5, the price...
