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 grows slightly by US$2.5/t; SHFE also hikes reaching at US$2673/t
LME aluminium opened at US$2,370 per tonne on Tuesday, December 20, with high and low at US$2,410 per tonne and US$2,363.50 per tonne, respectively, before closing at US$2,371.50 per tonne, a gain of US$1.5 per tonne or 0.06 per cent. On Tuesday, December 20, LME aluminium cash bid price slightly...
China’s A00 aluminium ingot price grows to RMB18,780/t; Low carbon aluminium price hikes by RMB80/t
On Wednesday, December 21, A00 aluminium ingot price has ascended by RMB 70 per tonne to stand at RMB 18,780 per tonne, with the average price expected to stand between RMB 18,760 per tonne and RMB 18,800 per tonne. The spot contract price is expected to be traded at a premium price of RMB 140 to...
Steven Spielberg's masterpiece ET aluminium model sells off at $2,560,000
With 85 different points of movement, the aluminium alloy-designed extra-terrestrial (ET) alien model for the 1982 classic ET: The Extra-Terrestrial was sold at a recent Julien's Auctions, and TCM Presents: Icons and Idols Hollywood Auction for an astounding $2,560,000. Long before computer...
Hindalco cuts its aluminium ingot price for the fourth consecutive time by INR3000/t on Dec. 20
Hindalco Industries Limited has continued to cut its aluminium ingot and aluminium products prices for the fourth time in a row, effective from Tuesday, December 20. After a cut of INR 1,500 per tonne on December 17, Hindalco has further reduced its aluminium ingot price by INR 3,000 per tonne to...
China’s A00 aluminium ingot price stoops to RMB18710/t; Australian Alumina FOB price reduces by US$5/t
A00 aluminium ingot price has recorded a drop of RMB 30 per tonne, resting at RMB 18,710 per tonne, as the Shanghai Metals Market recorded on Tuesday, December 20. The average prices are expected to range between RMB 18,690 per tonne and RMB 18,730 per tonne, with spot contracts trading at premium...
LME aluminium price falls by US$27/t to US$2,327/t; SHFE price dips by US$17/t
LME aluminium opened at US$2,394 per tonne Monday, with its high and low at US$2,402.5 per tonne and US$2,358.5 per tonne, respectively, before closing at US$2,370 per tonne, a drop of US$9 per tonne or 0.38 per cent. On Monday, December 19, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price shrinks by RMB100/t; Aluminium alloy (A356) price also loses RMB100/t
A00 aluminium ingot price has recorded a downfall of RMB 100 per tonne, resting at RMB 18,740 per tonne, as the Shanghai Metals Market recorded on Monday, December 19. The average prices are expected to range between RMB 18,720 per tonne and RMB 18,760 per tonne, with spot contracts trading at...
LME benchmark aluminium price subsides by US$42/t to US$2354/t; SHFE aluminium price sheds US$4/t
LME aluminium opened at US$2,390 per tonne last Friday, with its high and low at US$2,421 per tonne and US$2,372 per tonne, respectively before closing at US$2,379 per tonne, a drop of US$7 per tonne or 0.29 per cent. On December 16, Friday, LME aluminium cash bid price and the LME aluminium...
NALCO reduces its aluminium ingot price by INR6500/t w.e.f Dec 15
National Aluminium Company Limited (NALCO) reduced its aluminium ingot and aluminium products prices, with effect from December 15, following a significant rise of 6.6 per cent on December 7. NALCO this week cut its aluminium ingot price by INR 6,500 per tonne from INR 235,150-238,650 per tonne to...
Primary aluminium weekly recap: Vedanta releases 'Accelerating to Net Zero’ report for FY 2021-22; Biden not pleased with WTO ruling against 2018 tariffs on foreign aluminium and steel
The primary aluminium sector is gradually adopting more sustainable drives to build a better future for the upcoming generation. Vedanta's subsidiary, Bharat Aluminium Company Limited (BALCO), is exploring biodiesel applications across plant operations to decarbonise emissions, whereas the parent...
Vedanta’s aluminium ingot price gains INR1250/t on December 16 as LME price grows slightly
Vedanta Limited’s aluminium ingot and aluminium products prices have rebounded on December 16 after a dip on the previous day. On Thursday, December 15, the company cut its aluminium ingot selling price by INR 1,250 per tonne to INR 228,250- 259,250 per tonne but added to same amount on the next...
Global aluminium producers offer $95-105/t premiums to Japanese buyers for 1Q2023
According to a report on Wednesday, December 14, global aluminium producers have proposed premiums of $95-$105 per tonne to Japanese buyers for the metal shipments during the first quarter of 2023. That is 4 per cent less than the current quarter, whilst at the same time, 6 per cent higher, as...
LME aluminium price augments by US$16.5/t to settle at US$2396/t; SHFE price nosedives by US$79/t
Three-month LME aluminium opened at US$2,446 per tonne on Thursday, December 5, with high and low at US$2,450 per tonne and US$2,375.50 per tonne, respectively, before closing at US$2,386 per tonne, a drop of US$66 per tonne or 2.69 per cent. On Thursday, December 15, LME aluminium cash bid price...
A00 aluminium ingot price in China slumps by RMB80/t; Alumina spot price went up by RMB2/t
On Friday, December 16, the A00 aluminium ingot price in China slumped by RMB 80 per tonne to stand at RMB 18,840 per tonne, with the average prices standing between RMB 18,820 per tonne and RMB 18,860 per tonne. The spot contract price is expected to be traded at a premium price of RMB 100 to RMB...
Hindalco slightly cuts its aluminium wire rod price by INR1250/t with effect from December 15
Hindalco Industries Limited has cut its aluminium products and aluminium ingot prices for the second time in a row, although at a slower rate than earlier, with effect from Thursday, December 15. The company has trimmed its aluminium wire rod price by INR 1,250 per tonne or 0.5 per cent to sell the...
LME benchmark aluminium price dips by US$8.5/t; SHFE levitates to US$2760/t with US$7/t gain
LME aluminium opened at US$2,455 per tonne on Wednesday, with its high and low at US$2,466.5 per tonne and US$2,423 per tonne respectively before closing at US$2,452 per tonne, a drop of US$2.5 per tonne or 0.1 per cent. On December 14, Wednesday, LME aluminium cash bid price slumped by RMB 8 per...
China’s alumina spot price accumulates RMB11/t to exceed RMB2900/t; A00 aluminium ingot price drops RMB30/t
The average alumina spot price in China has hiked by RMB 11 per tonne to stand at RMB 2,908 per tonne as of Thursday, December 15, found the Shanghai Metals Market data. In Shandong, Guizhou, and Guangxi, alumina price has escalated by RMB 15 per tonne to peg at RMB 2,865 per tonne, RMB 2,825 per...
RHB Research identifies Press Metal as potential low carbon aluminium provider in ASEAN
The RHB Research Institute in Malaysia has declared that Press Metal Aluminium Holdings Bhd is one of its biggest alternatives for providing low-carbon aluminium opposing the smelters in the ASEAN vicinity. The risk-reward factor for the basic raw materials industry would be on a constant rise with...
