H1’26 LME aluminium stocks dip 31.82%: Russian sanctions & Gulf crisis pack a double blow
As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
Macro rate hike expectations pressure aluminium prices, while China's continued destocking underpins the market
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 24,000 per tonne, down RMB 190 from yesterday's settlement price, a decline of 0.79 per cent. It opened at RMB 24,100.00 per tonne during the day and fluctuated within a range of RMB 23,920-24,100 per tonne. The price traded below...
Grow with
AL Circle
China's alumina price extends drop by RMB5/t on increased demand for imported raw material; A00 aluminium ingot price falls by RMB140/t
According to Shanghai Metals Market, the average alumina spot price in China has extended drop today, March 17, for the second day in a row by RMB 5 per tonne to RMB 2,568 per tonne. In the north, the price has declined by RMB 10 per tonne to RMB 2,575 per tonne, while that in the east, central,...
Three-month LME aluminium rebounded towards US$1700/t level; SHFE declined to US$1815/t
The US dollar fell against a broad range of currencies after Wall Street sank overnight even as the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak. Three-month LME aluminium rebounded towards the US$ 1,700 per tonne mark...
Inventories of primary aluminium up by 38,000 tonnes over the weekend
Shanghai Metals Market found social inventories of primary aluminium ingots increased 38,000 tonnes over the weekend ended Monday, March 16, across eight major consumption areas, including SHFE warrants. The inventories stood at 1.631 million tonnes in contrast to 1.559 million tonnes on Monday,...
Hindalco hikes its aluminium ingot price by 1.79% with effect from March 14
Hindalco Ltd has raised prices of its aluminium ingots by 1.79% from Friday. With effect from March 14, the price for Hindalco aluminium ingots now stands at INR 142,500 per tonne, from INR 140,000 per tonne on March 13. The company has hiked aluminium ingot price after cutting the price of the...
Alumina price in China dips by RMB2/t after week-long restraint; A00 aluminium ingot price rises by RMB90/t
After remaining restrained at RMB 2,575 per tonne last week, the average alumina spot price has recorded a dip today, on March 16, by RMB 2 per tonne to RMB 2,573 per tonne, found Shanghai Metals Market. In the north, the price has decreased by RMB 5 per tonne to RMB 2,585 per tonne, while in the...
LME aluminium closed the week higher on weak dollar; SHFE aluminium gained 0.4%
The dollar fell against a broad range of currencies on Friday, 13 March. LME base metals rallied to close mostly higher on Friday. LME aluminium rose 1.7%. Three-month LME aluminium rose past the US$1,700 per tonne mark before erasing some gains to end at US$1,690 per tonne. Shanghai Metals Market...
Aluminium billet inventories recorded fall on Thursday after three consecutive weeks of rise
According to Shanghai Metals Market report on Thursday, March 12, aluminium billet inventories fell after three consecutive weeks of increase, as the deliveries from warehouses outweighed arrivals. Data showed the stocks of 6063 aluminium billets across five major consumption areas in China shrank...
Rusal’s 2019 revenue declines 5.5% despite the growth in production; Total assets up by 13%
In 2019, the entire aluminium value chain industry saw a challenging environment. The average aluminium price on the London Metal Exchange declined from US$ 2,110 per tonne in 2018 to US$ 1,792 per tonne. As a result, Rusal’s revenue for the year ended December 31 recorded a decrease of 5.5 per...
LME three-month aluminium ended down 0.63% on the day at US$1,661.5/t; SHFE closed at RMB12,870/t
The US dollar rose sharply on Thursday, 12 March. The dollar index, which tracks the greenback against a basket of other currencies, increased to the highest level in two weeks at 98.33. LME base metals fell across the board on Thursday. LME aluminium eased 0.63%. LME three-month aluminium slipped...
A00 aluminium ingot price continues to drop for the third consecutive day on further rise in inventories this week
According to Shanghai Metals Market, the A00 aluminium ingot price today, March 13 has dropped for the third consecutive day. As per the data, the price has plunged by RMB 100 per tonne to stand at RMB 12,650 per tonne. The average prices are expected to range between RMB 12,630 per tonne and RMB...
Lightweight aluminium swing-arm equipped Hellcat likely to roll out in 2020: Confederate Motorcycles
Confederate Motorcycles LLC will execute its high end and high-powered big V-Twin motorcycles production in Birmingham, Alabama. The company after being revived by Ernest Lee capital, it has been communicated that the firm will be back on track and will continue to sell the remaining Confederate...
Hindalco hikes aluminium ingot price after two cuts in a row
Hindalco Industries Ltd has increased the price of its aluminium ingot after cutting them two times in a row. With effect from March 12, the price for Hindalco aluminium ingot now stands at INR 141,500 per tonne, an increase of 1.25% from INR 139,750 per tonne on March 10. The prices of wire rods...
A00 aluminium ingot price drops by RMB 60/t; Aluminium Alloy (A356) stands lower at RMB13450/t
A00 aluminium ingot price decreased by RMB 60 per tonne or 0.47 per cent on Thursday, 12 March 2020. The price now stood at RMB 12750 per tonne and is expected to move within a range of RMB 12730-12770 per tonne. Spot aluminium contract is likely to be traded at a discount of RMB 40 per tonne. In...
Three-month aluminium closed 1.76% lower from the previous day; SHFE dropped for fifth consecutive day
The US dollar declined before recovered some losses on Wednesday, as fears over the coronavirus pushed investors into safe havens, while sterling rebounded after the Bank of England unexpectedly cut interest rates. The Standard & Poor's 500 Index plunged again on Wednesday, narrowly avoiding its...
Restraint at A00 aluminium ingot price for a day follows by a plunge of RMB20/t today; Aluminium alloy(A356) drops by RMB50/t
After remaining restrained last day, followed by a significant decline of RMB 240 per tonne, the A00 aluminium ingot price has recorded a plunge yet again of RMB 20 per tonne, as on March 11, according to Shanghai Metals Market. The ingot price, thus, stands at RMB 12,810 per tonne, as of today....
China issues fourth batch of aluminium scrap quotas for 2020 allowing 100 tonnes
China’s environmental authorities on Saturday, March 7, announced the fourth batch of aluminium scrap import quotas for 2020, which would allow 100 more tonnes of high-grade aluminium scrap to China. With this quota, the total aluminium scrap import allowed for this year comes to 284,549 tonnes....
Hindalco cuts its aluminium ingot price by 1.89% with effect from March 7
Hindalco Industries Ltd has reduced the prices of aluminium ingots by 1.89% on Saturday, 7 March, after raising the price of the same product by 1.93% on Thursday. With effect from March 7, the price for Hindalco aluminium ingots now stands at INR 142,500 per tonne, down from INR 145,250 per tonne...
A00 aluminium ingot price remains restrained after sharp decline last day; Bauxite(4.5≤Al/Si＜5.5)Shanxi price drops
After a sharp decline of RMB 240 per tonne last day, the price of A00 aluminium ingot in China has remained restrained today, on March 10, at RMB 12,830 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 12,810 per tonne and RMB 12,850 per tonne, with spot...
