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 US$2/t to stand at US$2381/t; SHFE price glides down by US$40/t
LME aluminium opened at US$2,380 per tonne last Friday and closed at US$2,365 per tonne, down US$3 per tonne or 0.13 per cent. On Friday, November 25, both LME aluminium cash bid price and LME aluminium official settlement price inched up by US$2 per tonne to stand at US$2,345.50 per tonne and...
China’s A00 aluminium ingot price plummets by RMB230/t; Alumina price in Shanxi gains RMB10/t
A00 aluminium ingot price has nosedived to RMB 18,800 per tonne, losing RMB 230 per tonne, as the Shanghai Metals Market recorded on Monday, November 28. The average prices are expected to range between RMB 18,780 per tonne and RMB 18,820 per tonne, with spot contracts trading at premium prices of...
Vedanta further cuts its aluminium products prices by INR1750/t with effect from November 25
Vedanta Limited further curtailed its aluminium products and aluminium ingot prices for the second day in a row, with effect from Friday, November 25. Vedanta cut its aluminium wire rod price by INR 1,750 per tonne to sell the product at INR 229,250-236,750 per tonne versus INR 231,000-238,500 per...
Primary aluminium weekly recap: Alcoa supports Rusal's call for LME to disclose the source of all metal stocks; Sales of two smelting giants surge following LME's rejection of Russian metal ban
This week, the global primary aluminium segment recorded many important events. To begin with, with the news of the London Metal Exchange not prohibiting Russian metal from being traded on its platform, there was a rush to negotiate contracts with the two largest mining and smelting firms in...
LME aluminium benchmark price remained range-bound this week between US$2344-2346/t; SHFE reflected the same
LME aluminium cash bid price and LME aluminium official settlement price started the week on Monday, November 21, with a decline of US$26 per tonne and US$25 per tonne, respectively, to stand at US$2,342 per tonne and US$2,344 per tonne. But the next day, the prices jumped by US$51.50 per tonne and...
US monthly primary aluminium production records restraint in Sept’21, while Q3 output stands 5% down sequentially
According to the US Geological Survey, the United States' monthly production of primary aluminium in September 2022 stood restrained month-on-month at 61,000 tonnes. In contrast, daily average output edged 40 per cent higher at 2,020 tonnes versus 1,980 tonnes in August. On a year-on-year basis,...
Hindalco’s aluminium wire rod and billet prices experience a cut of INR2,000/t on November 25
Hindalco Industries Limited has slashed its aluminium products and aluminium ingot prices for two successive days – November 24 and 25. As per the data, on November 25, Hindalco trimmed its aluminium wire rod price by INR 2,000 per tonne from INR 233,850 per tonne to INR 231,850 per tonne. As per...
LME benchmark aluminium price dwindles down by US$20/t; SHFE also loses US$27/t
LME aluminium opened at US$2,394 per tonne on Thursday and closed at US$2,368 per tonne, down US$22 per tonne or 0.92 per cent. On November 24, Thursday LME aluminium cash bid price slumped to US$2343.50 per tonne after US$19.50 per tonne or 0.82 per cent was subtracted from it, and the LME...
Alumina price grows by RMB16/t to RMB 2,791/t; A00 aluminium ingot price falls by RMB70/t
The average alumina spot price has stopped at RMB 2,791 per tonne after witnessing a growth of RMB 16 per tonne on Friday, November 25. The prices in Shanxi, Guizhou and Guangxi have ascended by RMB 20 per tonne to halt at RMB 2,805 per tonne, RMB 2,740 per tonne and RMB 2,700 per tonne. In...
Vedanta Ltd draws INR 2750/t from its aluminium ingot price, totalling INR223500-254500/t on Nov. 24
Vedanta Limited has reduced its aluminium ingot and aluminium products prices by INR 2,750 per tonne on Thursday, November 24, just after the day it hiked its products prices by INR 4,500 per tonne. The latest cut has brought the company’s aluminium ingot price to INR 223,500-254,500 per tonne as...
Hindalco deducts INR2,500/t from its aluminium ingot price on November 24
Hindalco Industries Limited has reduced its aluminium ingot and aluminium product prices, from Thursday, November 24, following a hike the previous day. As per the data, Hindalco has curtailed its aluminium ingot price by INR 2,500 per tonne to sell the product at INR 222,750 per tonne from INR...
LME aluminium price falls by US$30 per tonne to US$2,364/t; SHFE price ascends by US$23/t
LME aluminium opened at US$2,433 per tonne on Wednesday and closed at US$2,390 per tonne, down US$46 per tonne or 1.89 per cent. On Wednesday, November 23, LME aluminium cash bid price and LME aluminium official settlement price dropped by US$30.5 per tonne or 1.27 per cent and US$30 per tonne or...
China’s A00 aluminium ingot price hovers up by RMB130/t; Alumina price in Shanxi ascends RMB10/t
A00 aluminium ingot price has augmented by RMB 130 per tonne, closing at RMB 19,000 per tonne, as the Shanghai Metals Market recorded on Thursday, November 24. The average prices are expected to range between RMB 19,080 per tonne and RMB 19,120 per tonne, with spot contracts trading at premium...
Vedanta lifts its aluminium ingot price by INR4500/t on Nov. 23 after a cut on the previous day
Vedanta Limited has hiked its aluminium ingot and aluminium products prices, with effect from Wednesday, November 23, following a cut on the previous day. On Tuesday, November 22, Vedanta reduced its aluminium ingot price by INR 2,000 per tonne to INR 221,750-252,750 per tonne, following which, the...
Alumina spot price in China moves up by RMB4/t; A00 aluminium ingot price falls by RMB50/t
On Wednesday, November 23, the average alumina spot price in China has gone up by RMB 4 per tonne to close at RMB 2,769 per tonne. On the same day, the price in Shandong, Shanxi and Guangxi has increased by RMB 5 per tonne to halt at RMB 2,705 per tonne, RMB 2,775 per tonne and RMB 2,670 per tonne....
Hindalco’s aluminium products prices witness a cut of INR2000/t with effect from November 22
After revising aluminium prices for three consecutive days from November 17 to 19, Hindalco paused for two days and then cut both its aluminium products and aluminium ingot prices, with effect from November 22. Hindalco curtailed its aluminium wire rod price by INR 2,000 per tonne to sell the...
LME benchmark aluminium price rises to US$2394/t with US$50/t gain; SHFE although loses US$7/t
LME aluminium opened at US$2,387 per tonne on Tuesday and closed at US$2,436 per tonne, an increase of US$56 per tonne or 2.35 per cent. On November 22, Tuesday LME aluminium cash bid price went up the graph to US$2393.50 per tonne after US$51.50 per tonne or 2.2 per cent was added to it, and the...
LME aluminium price slips by US$25/t to US$2,344/t; SHFE price climbs up to US$2,652/t
LME aluminium opened at US$2,406 per tonne on Monday and closed at US$2,380 per tonne, a drop of US$35 per tonne or 1.45 per cent. On Monday, November 21, LME aluminium cash bid price and LME aluminium official settlement price slumped by US$26 per tonne or 1.09 per cent and US$25 per tonne or 1.05...
