LME aluminium price rises to $3,310/t: Can EGA and Alba repairs bring back 2025 levels?
The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
LME aluminium price drops below $3,300/t on September 2, stocks remain steady
The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to...
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Tariff woes, soaring alumina costs, and weak aluminium demand weigh on Alba’s Q2 earnings
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter at one site, announced its financial results for Q2 and the first half of 2025, revealing a large fall in profitability alongside modest revenue growth since the same time last year. Tariff pressure, escalated alumina prices,...
Tight supply of aluminum scrap supports costs, while sluggish demand limits upside room for ADC12
Futures: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at RMB 20,010 per tonne, with a high of RMB 20,015 per tonne, a low of RMB 19,945 per tonne, and closed at RMB 19,970 per tonne, down RMB 35 per tonne or 0.17 per cent from the previous close. Trading volume was...
LME aluminium cash price eases to $ 2,567.50/t; opening stock rises to 466,025t
Aluminium prices on the London Metal Exchange (LME) edged down on Tuesday, with slight movement across spot and futures contracts, while inventories saw a modest build and alumina prices slipped. The LME aluminium cash bid price slipped to USD 2,567.50 per tonne, down 0.27 per cent from USD...
WEEKLY: Pace of growth in Chinese alumina output, prices eases
Metallurgical-grade alumina output among the 44 Chinese producers regularly tracked by Mysteel totalled 1.85 million tonnes over July 25-31, higher by 0.9 per cent from the prior week, the results of Mysteel's latest survey showed. This marked the sixth consecutive weekly increase, though the pace...
SMM Aluminium price movement: Macro trade friction eases, but inventory pressure persists
Futures: Last night, the most-traded SHFE aluminium 2509 contract opened at RMB 20,525 per tonne, with a high of RMB 20,525 per tonne, a low of RMB 20,435 per tonne, and closed at RMB 20,440 per tonne. Trading volume was 42,000 lots, and open interest was 224,000 lots. Last night, LME aluminium...
LME aluminium price opens the week with a surge of 1.17%; Live warrants closed at 452,225 tonnes
On Monday, August 4, both LME aluminium cash bid price and LME aluminium official settlement price surged by USD 30.5 per tonne or 1.19 per cent and USD 30 per tonne or 1.17 per cent to halt at USD 2,574.5 per tonne and USD 2,575 per tonne. As per the London Metal Exchange (LME) price graph, both...
Weakened cost support coupled with sluggish demand, ADC12 aluminium alloy prices consolidate weakly
Futures Market: On the night of last Friday, the most-traded cast aluminium alloy AD2511 futures contract opened at RMB 19,870 per tonne, with a high of RMB 19,890 per tonne, a low of RMB 19,800 per tonne, and closed at RMB 19,875 per tonne, down RMB 45 per tonne or 0.23 per cent from the previous...
DAILY: Chinese spot alumina prices hold steady, futures
Chinese alumina prices for spot sales remained largely stable across China's five key alumina-producing hubs on August 1, while futures prices declined further. Image is for referential purposes only Last Friday, Mysteel assessed spot prices for metallurgical-grade alumina with purity above 98.6...
LME aluminium cash price drops to $2,544; live warrants rise to 449,300 tonnes
LME aluminium prices declined modestly on Friday, August 1, with both spot and 3-month contracts registering a downward shift compared to the previous session. The LME aluminium cash bid price fell to USD 2,544 per tonne, a 1.38 per cent drop from USD 2,579.5 per tonne on Thursday, July 31. The LME...
Aluminium cost fell 1.7% M-o-M in July, and some aluminium smelters reported a slight increase in electricity fees in August
According to SMM data, the average tax-inclusive full cost of China's aluminium industry in July 2025 was RMB 16,261 per tonne, down 1.7 per cent M-o-M and 5.8 per cent Y-o-Y. During the period, alumina prices were boosted by macro policies such as "anti-rat race" competition, but due to the low...
Prices of raw & auxiliary materials fluctuate rangebound; Production cost of alumina in August is expected to be stable
In July, the weighted average full cost of alumina nationwide was approximately RMB 2,957 per tonne, down RMB 14 per tonne M-o-M; the weighted average cash cost was approximately RMB 2,787 per tonne. Image for referential purposes only For bauxite, the bulk import bauxite prices fluctuated around...
Aluminium slips on tariffs—but is a rebound likely as China’s demand picks up?
Aluminium futures slipped on Friday, with August contracts on the Multi Commodity Exchange (MCX) trading at INR 249.30, down 0.46 per cent, after the Trump administration announced a fresh round of tariffs scheduled to take effect within a week. On the London Metal Exchange (LME), three-month...
Ferroglobe’s rebound depends on tariffs, tech gains and demand revival
Ferroglobe PLC, a London-based supplier of high-purity chemical and metallurgical-grade silicon metal for the aluminium and steel industries, reported a weak Q1 2025 performance, with revenue declining to USD 307.2 million, a 32 per cent drop year-on-year and an adjusted EBITDA loss of USD 26.8...
Vedanta Q1: Profit down 13%, aluminium underperforms! So, how did EBITDA hit a record?
Vedanta Limited missed quarterly profit estimates for the first quarter of FY26, as weaker aluminium and copper prices, coupled with a sharp increase in tax expenses, weighed on earnings. Despite strong domestic demand and robust operational performance across its business segments, the...
LME aluminium price shrinks by $31/t; Alumina price inches down to $369.09/t
On Thursday, July 31, both LME aluminium cash bid price and LME aluminium official settlement price witnessed significant drop of USD 30.5 per tonne or 1.16 per cent and USD 31 per tonne or 1.18 per cent, compared to the previous day. This drop can be attributed to the ongoing economic concerns in...
Alcoa delivers a steady ’24 dividend despite unforeseeable challenges
Alcoa Corporation, a prominent global aluminium producer, has once again demonstrated its financial resilience by maintaining a consistent quarterly cash dividend of USD 0.10 per share for both its common stock and Series A convertible preferred stock. Despite ongoing challenges such as falling...
Seaborne bauxite prices see downward pressure amid high port inventory
As of July 29, Mysteel's daily assessment for Guinea bauxite (Al:45%,Si:3%) was USD 73 per dry metric tonne (dmt), unchanged from a week ago, but down USD 1 per dry metric tonne from a month ago. The assessment for Australia bauxite (Al:50%,Si:6.5%) remained flat at USD 69 per dry metric tonne....
LME aluminium cash price rises to $2,610/t on July 30; opening stock up 0.93%
Metal Exchange (LME) aluminium prices saw modest gains on July 30 compared to the previous day, while inventories also edged up. The LME aluminium cash bid price rose to USD 2,610 per tonne, up 0.11 per cent from USD 2,607 per tonne on July 29. The cash offer price moved up 0.08 per cent to USD...
