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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China’s A00 aluminium ingot price marks RMB30/t hike; Australian Alumina FOB price gains US$4/t
A00 aluminium ingot price has recorded a spike of RMB 30 per tonne, resting at RMB 18,950 per tonne, as the Shanghai Metals Market recorded on Wednesday, December 14. The average prices are expected to range between RMB 18,930 per tonne and RMB 18,970 per tonne, with spot contracts trading at...
LME aluminium benchmark price loses US$2/t to US$2,388/t; SHFE price expands by US$44/t
LME aluminium opened at US$2,418 per tonne on Tuesday, with its high and low at US$2,485 per tonne and US$2,407 per tonne, respectively, before closing at US$2,454 per tonne, an increase of US$43.5 per tonne or 1.8 per cent. On Tuesday, December 13, both LME aluminium cash bid price and LME...
Vedanta curtails its aluminium wire rod & billet prices by 2% with effect from December 13
Vedanta Industries Limited has curtailed its aluminium products and aluminium ingot prices by 2.2 per cent or INR 5,500 per tonne, with effect from December 13, bringing the aluminium wire rod price to INR 235,750- 243,250 per tonne. Prior to this, the last revision of price was on December 6 when...
Hindalco amends aluminium ingot price after a week, cuts it by INR5500/t in line with LME price downtrend
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from Tuesday, December 13, following a hike a weak ago. According to the latest price chart revealed by the company, aluminium ingot price has experienced a cut of INR 5,500 per tonne or 2.36 per...
LME benchmark aluminium price tumbles down to US$2390/t with US$63.5/t loss; SHFE also sheds US$19/t
LME aluminium opened at US$2,468 per tonne on Monday, with its high and low at US$2,468 per tonne and US$2,402 per tonne respectively before closing at US$2,411 per tonne, a drop of US$59 per tonne or 2.39 per cent. On December 12, Monday, LME aluminium cash bid price and the LME aluminium official...
Average alumina spot price in China gains RMB15/t to RMB 2,897/t; A00 aluminium ingot price dips to RMB 18,920/t
On Tuesday, December 13, the average alumina spot price in China went up by RMB 15 per tonne to halt at RMB 2,897 per tonne. The price in Shandong and Bayuquan has climbed up by RMB 35 per tonne and RMB 30 per tonne to settle at RMB 2,850 per tonne and RMB 2,930 per tonne. On the same day in...
LME aluminium price loses US$15/t to US$2,453.50/t; SHFE price slips to US$2,728/t
LME aluminium opened at US$2,499.5 per tonne last Friday, with its high and low at US$2,517 per tonne and US$2,470 per tonne, respectively, before closing at US$2,470 per tonne, a drop of US$30 per tonne or 1.2 per cent. On Friday, December 9, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price hurtles down RMB300/t; Alumina price in Shandong rises by RMB15/t
A00 aluminium ingot price has seen a huge plunge of RMB 300 per tonne, resting at RMB 18,960 per tonne, as the Shanghai Metals Market recorded on Monday, December 12. The average prices are expected to range between RMB 18,940 per tonne and RMB 18,980 per tonne, with spot contracts trading at...
Primary aluminium weekly recap: Rusal warns Ireland PM about falling European economic conditions if Russian aluminium supply gets blocked; IAI releases report stating aluminium industry’s contribution to UN’s sustainability goals
This week the primary aluminium sector faced major market-related ups and down, with Rusal chief executive Evgenii Nikitin warning the deputy prime minister of Ireland, Leo Varadkar, on the boycott of Russian aluminium and its harrowing effects on the EU’s national economy. On December 5, the...
Auto ancillary sector anticipates a turnaround following the cooling of global metal prices
The market leader in manufacturing automotive components with more than three decades of operational experience, Lumax Auto Technologies received a nod from its board for INR 400 crore fundraising. The company's profit escalated by 431% Y-o-Y to INR 26 crore for the quarter that ended June FY23 on...
NALCO’s aluminium ingot price ascends by INR14700/t with effect from December 7
National Aluminium Company Limited (NALCO) has elevated its aluminium ingot and aluminium products prices, effective from December 7, in line with the LME aluminium price hike over a week. NALCO has significantly increased its aluminium ingot price by INR 14,700 per tonne or 6.6 per cent from INR...
LME benchmark aluminium price expands by US$18/t; SHFE marks US$7/t loss
LME aluminium opened at US$2,500 per tonne on Thursday, and fluctuated around its opening price before closing at US$2,500 per tonne. On December 8, Thursday LME aluminium cash bid price escalated by US$17.50 per tonne or 0.71 per cent, closing at US$2,467.50 per tonne and the LME aluminium...
A00 aluminium ingot price in China drops by RMB90/t; Alumina price went up by RMB10/t
On Friday, December 9, China’s A00 aluminium ingot price has declined by RMB 90 per tonne to settle at RMB 19,260 per tonne, with the average prices ranging between RMB 19,240 per tonne to RMB 19,280 per tonne. The spot contract price is expected to be traded at a discount price of RMB 10 to a...
Aluminium prices drop as smelters in Gansu and Inner Mongolia resume production
With smelters in Gansu and Inner Mongolia starting to begin output, aluminium prices recorded a fall on Wednesday, December 7. The recent bulls have been priced in by investors, who have since begun to fret about the speed of US rate hikes and the prospects for Chinese demand. At the current high...
LME aluminium benchmark price falls by US$10.5/t to US$2,450.50/t; SHFE price moves down by US$3/t
The most-traded SHFE 2301 opened at RMB 19,140 per tonne overnight and then closed the night session at RMB 19,185 per tonne, down RMB 70 per tonne or 0.36 per cent. On Wednesday, December 7, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$10.5 per tonne...
Alumina price in Henan collects RMB20/t; China’s A00 aluminium ingot price plunges by RMB80/t
The averaged alumina price in China has spiked by RMB 14 per tonne, arriving at RMB 2,864 per tonne. The alumina price in Henan has seen RMB 20 per tonne hike, stopping at RMB 2,940 per tonne, while the alumina price in Guizhou has elevated by RMB 15 per tonne, resting at RMB 2,795 per tonne. The...
Vedanta expands its aluminium ingot price by INR4500/t on December 6
Vedanta Limited continued to increase its aluminium ingot and aluminium product prices on Tuesday, December 6. The company expanded its aluminium ingot price by INR 4,500 per tonne or 1.96 per cent to sell the products at INR 233,750-264750 per tonne. On December 3, the price had settled at INR...
LME benchmark aluminium price subsides by US$24/t; SHFE faces US$10/t surge
LME aluminium opened at US$2,505 per tonne on Tuesday, with its high at US$2,529.5 per tonne before closing at US$2,500 per tonne, a drop of US$7 per tonne or 0.28 per cent. On December 6, Tuesday LME aluminium cash bid price and the LME aluminium official settlement price plunged by US$24 per...
