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Vedanta cuts aluminium ingot price by nearly 1% with effect from October 20 after a sharp hike last day
20 OCT 20202MINS

Vedanta cuts aluminium ingot price by nearly 1% with effect from October 20 after a sharp hike last day

Vedanta Limited has again reduced its aluminium ingot and aluminium product prices with effect from Tuesday, October 20, following a hike of INR 3,500 per tonne on October 17. With the latest cut, the price of Vedanta’s aluminium ingot has come in at INR 154,250-167,250 per tonne, down by INR 1,250...

Decline in alumina spot price by RMB14/t in China after five days of restraint leads to A00 aluminium ingot downfall
20 OCT 20202MINS

Decline in alumina spot price by RMB14/t in China after five days of restraint leads to A00 aluminium ingot downfall

The average alumina spot price in China has declined by RMB 14 per tonne to stand at RMB 2,306 per tonne on Tuesday, October 20, following a restraint at RMB 2,320 per tonne from October 14 to 19, according to the Shanghai Metals Market. In Shandong, the price has decreased by RMB 35 per tonne to...

Aluminium ingot price climbs by RMB 110/t; Aluminium alloy (ADC12) price stands at RMB 15300/t
19 OCT 20202MINS

Aluminium ingot price climbs by RMB 110/t; Aluminium alloy (ADC12) price stands at RMB 15300/t

SMM aluminium ingot price recorded an increase after two days of drop. The price climbed by RMB 110 per tonne to stand at RMB 15060 per tonne on Monday, 19 October 2020, from Friday price of RMB 14950 per tonne. The price is expected to range at RMB 15040-15080 per tonne. In Foshan and Wuxi, the...

Hindalco hikes its aluminium prices by INR3500/t w.e.f October 17 after a cut on the previous day
19 OCT 20202MINS

Hindalco hikes its aluminium prices by INR3500/t w.e.f October 17 after a cut on the previous day

Hindalco Industries Limited has increased its aluminium ingot and aluminium product prices with effect from Saturday, October 17, following a cut on October 16. The price of Hindalco’s aluminium ingot has been raised by INR 3,500 per tonne on October 17 after being reduced by INR 1,500 per tonne on...

Three-month LME aluminium climbed to the highest since April at $1,872.5/t; SHFE rebounded to $2217/t
19 OCT 20202MINS

Three-month LME aluminium climbed to the highest since April at $1,872.5/t; SHFE rebounded to $2217/t

Three-month LME aluminium stood at US$ 1,872.5 per tonne on Friday, October 16, the highest since April 2020, before paring some gains to end 0.49 per cent higher at US$ 1,863.5 per tonne. It is expected to move between US$ 1,840-1,880 per tonne today. Both LME aluminium cash (bid) price and LME...

NALCO raises its aluminium products price by INR 3,400/t
18 OCT 20201MINS

NALCO raises its aluminium products price by INR 3,400/t

National Aluminium Company Limited (NALCO) has increased its aluminium products price for the second time in a row. With effect from Saturday, 17 October 2020, NALCO's aluminium ingots price came in at INR 157,550 – 161,050 per tonne, an increase of INR 3,400 per tonne from INR 154,150 – 157,650...

Vedanta hikes its aluminium ingot price by INR 3,500/t with effect from October 17
17 OCT 20201MINS

Vedanta hikes its aluminium ingot price by INR 3,500/t with effect from October 17

Vedanta has raised its aluminium products price today after reducing it yesterday. With effect from October, 17 October 2020, the prices of some aluminium ingots are in the range of INR 155,500-168,500 per tonne. The price recorded a hike of INR 3,500 per tonne or 2.3% from INR 152,000-165,000 per...

LME aluminium price trended up this week from $1829.5/t to $1865.5/t amid declining opening stock; SHFE price rose to $2185/t
17 OCT 20202MINS

LME aluminium price trended up this week from $1829.5/t to $1865.5/t amid declining opening stock; SHFE price rose to $2185/t

Three-month LME aluminium rose 0.49 per cent on Monday, October 12, to end at US$ 1,856 per tonne. On October 13, it ended 0.16% lower at US$1,853 per tonne an shed further on October 14 to come in at US$ 1,847.5 per tonne. On October 15, however, the price strengthened 0.51% to end at US$1,854.5...

Weekly update: Aluminium ingot price in China ended lower; Alumina prices remained flat over the week
17 OCT 20201MINS

Weekly update: Aluminium ingot price in China ended lower; Alumina prices remained flat over the week

SMM aluminium ingot price started the week with an increase of RMB 90 per tonne and RMB 30 per tonne on Monday and Tuesday, ending the price at RMB 14940 per tonne and RMB 14970 per tonne on October 12 and October 13. The price registered a drop on Thursday and Friday. Aluminium ingot price ended...

Vedanta’s aluminium prices reduced by INR1500/t after five hikes in a row this month
17 OCT 20201MINS

Vedanta’s aluminium prices reduced by INR1500/t after five hikes in a row this month

Vedanta Limited has cut its aluminium ingot and aluminium product prices with effect from October 16 after five consecutive hikes since October 6. The price of aluminium ingot has been reduced by INR 1,500 per tonne or 1 per cent from INR 153,500-166,500 per tonne to INR 152,000 -165,000 per tonne....

Hindalco reduces its aluminium products price by INR 1,500/t with effect from October 16
16 OCT 20201MINS

Hindalco reduces its aluminium products price by INR 1,500/t with effect from October 16

Hindalco Industries Limited has reduced its aluminium products price after raising it for the sixth time in a row. With effect from Friday, 16 October 2020, the company’s wire rods price stands at INR 165,100 per tonne, down by INR 1,500 per tonne, from INR 166,600 per tonne on October 14....

Three-month LME aluminium ended at US$1,854.5/t; SHFE aluminium added 0.24%
16 OCT 20201MINS

Three-month LME aluminium ended at US$1,854.5/t; SHFE aluminium added 0.24%

Three-month LME aluminium strengthened 0.51% to end at US$1,854.5 per tonne on Thursday. The contract is expected to fluctuate between US$1,830-1,870 per tonne today. As of Thursday October 15, LME aluminium cash (bid) price stands at US$ 1824 per tonne, LME official settlement price stands at US$...

A00 aluminium ingot price drops for the second consecutive day by RMB10/t; Input costs remain restrained
16 OCT 20202MINS

A00 aluminium ingot price drops for the second consecutive day by RMB10/t; Input costs remain restrained

A00 aluminium ingot price has extended its drop, albeit lower than October 15, by RMB 10 per tonne to stand at RMB 14,950 per tonne, as of Friday, October 16, found the Shanghai Metals Market. The average prices are expected to range between RMB 14,930 per tonne and RMB 14,970 per tonne, with spot...

Aluminium billet inventories drop by 3,200 tonnes to stand at 102,500 tonnes this week
15 OCT 20201MINS

Aluminium billet inventories drop by 3,200 tonnes to stand at 102,500 tonnes this week

Aluminium billet inventories in China have decreased this week, ending on Thursday, October 15, due to a decline in arrivals at warehouses, found the Shanghai Metals Market. SMM data shows the aluminium billet stocks have dipped by 3,200 tonnes from last Friday, October 9, across five major...

Alcoa Corporation’s revenue increases by 10% QoQ in Q3; Aluminium shipment declines by 3%
15 OCT 20202MINS

Alcoa Corporation’s revenue increases by 10% QoQ in Q3; Aluminium shipment declines by 3%

Alcoa Corporation reported results for the third quarter 2020 results. The company sets new production records for Alcoa-operated bauxite mines and the Alumina segment. In Alumina, Alcoa’s third-party shipments rose approximately 6 percent sequentially, primarily due to the timing of shipments and...

NALCO’s aluminium products price rises by INR 6,700/t
15 OCT 20201MINS

NALCO’s aluminium products price rises by INR 6,700/t

National Aluminium Company Limited (NALCO) has increased its aluminium products price after declining the price of the same products on October 6. With effect from Tuesday, 13 October 2020, NALCO's aluminium ingots price came in at INR 154,150 – 157,650 per tonne, an increase of INR 6,700 per tonne...

A00 aluminium ingot price declines by RMB 20/t; Australian alumina FOB price stands USD 10/t higher
15 OCT 20201MINS

A00 aluminium ingot price declines by RMB 20/t; Australian alumina FOB price stands USD 10/t higher

A00 aluminium ingot price records a drop of RMB 20 per tonne on Thursday, 15 October 2020 after four consecutive increases. The price stands at RMB14960 per tonne today, from its previous price of RMB 14980 per tonne. The price is expected to move within a range of RMB 14940-14980 per tonne. In...

LME aluminium price shed $5/t to stand at $1836/t after four consecutive days of hike; SHFE increased to $2218/t
15 OCT 20202MINS

LME aluminium price shed $5/t to stand at $1836/t after four consecutive days of hike; SHFE increased to $2218/t

Three-month LME aluminium shed 0.43 per cent to end at US$ 1,847.5 per tonne on Wednesday, October 14, after hitting an intraday high at US$ 1,858.5 per tonne earlier in the session. It is expected to move between US$ 1,830-1,870 per tonne today. Both LME aluminium cash (bid) price and LME official...