LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
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...
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SHFE aluminium fluctuates at high levels, spot aluminium transactions moderate
In the early trading session today, SHFE aluminium front-month contract fluctuated, pulling back slightly compared to the night session, but the price centre moved higher, with overall market transactions remaining moderate. Specifically, trading in East China continued to recover. After...
Prebaked anode prices continued to rise during the period, cost side strongly increased, putting pressure on enterprises' production
During the January cycle (January 7 to February 7), SMM prebaked anode prices continued their upward trend. The February 2025 procurement benchmark price of a certain aluminium smelter in Shandong was RMB 4,110 per tonne, up 2.11 per cent M-o-M. According to SMM, February prebaked anode export...
India: NALCO raises primary aluminium ingot prices by INR 6,700/t ($76/t); Hindalco, Balco raise aluminium ingot prices by up to INR 3,750/t ($42/t)
NALCO, one of India's leading mining and metals companies, raised the prices of its primary aluminium ingots (P1020, 99.7 per cent) by INR 6,700/t ($76/t) on February 7, 2025. Current prices are at INR 271,600/t ($3,141/t) compared to INR 264,900/t ($3,029/t) on January 24, 2025. Prices are...
Upstream recap: From Donald Trump’s tariff declaration to tariff reprieve to aluminium price hike, this week sees it all
All eyes have been on the primary aluminium industry ever since Donald Trump directed his administration to impose tariffs on Canada, Mexico, and China. Where will the United States source its downstream aluminium raw materials, and where will Canada redirect its primary metal? Trump's tariff...
What happened in India's secondary aluminium industry in Jan'25? BigMint analysis
India's ADC12 alloy market faced challenges in January 2025 as demand softened and prices hit their lowest level in nine months. BigMint's latest assessment shows that OEM-approved ADC12 in both Delhi and Chennai was priced at INR 208,000/tonne (t), a decrease of INR 1,000/t m-o-m. This decline...
China aluminium market weekly report
This week's hot topic: Production cuts or shutdowns in the aluminium processing industry during the Chinese New Year holiday; composite PMI falls below the 50 mark Forecast for next week: Fundamentals remain bearish, macro front lacks highlights; aluminium prices face resistance in the short term...
Aluminium set to outshine in 2025: Supply deficit predicted
Aluminium is set to be the standout performer among London Metal Exchange (LME) base metals in 2025, with analysts predicting a supply shortfall this year that could drive prices higher. According to the latest Reuters January base metals poll, analysts expect zinc, copper, and tin to see higher...
EU’s sanction on Russia heats up aluminium price in transnational market
European Union’s sanction against Russia has unfolded numerous speculations about future trade scope among countries and continents. The EU’s proposal states a one-year phase-in period, with 275,000 tonnes exempted during this transition. This would mean a further decline in the import of Russian...
India: Imported aluminium scrap prices rise w-o-w following hike in LME tags
Imported aluminium scrap prices in India witnessed an upward trend week-on-week (w-o-w), driven by a rise in London Metal Exchange (LME) aluminium tags. BigMint's benchmark assessment for Tense scrap originating from the US was at $1,850/tonne (t), increasing by $35/t w-o-w, while Wheels from the...
Review of LME aluminium trends during the Chinese New Year holiday: Pre-holiday demand weakens, LME aluminium fluctuates and consolidates
Before the Chinese New Year holiday, domestic aluminium prices shifted lower as end-use consumption weakened. On January 27, the most-traded SHFE aluminium contract (AL2503) closed at RMB 20,240 per tonne, down 0.78 per cent on the day. During the Chinese New Year holiday (January 28 to February...
Alcoa reports robust financial gains, with revenue up by 13%. Yet stock drops, but why?
Alcoa Corporation has reportedly announced the fourth and full-year results of 2024, demonstrating a strong financial performance led by increased operations and high alumina and aluminium prices. Image source: Alcoa Fiscal performance In the fourth quarter, Alcoa's Q4 revenue was US$3,486 million,...
US vs. China: Washington tightens hold on world’s largest economy title
The United States in 2024 further solidified its position as the world's largest economy, with resilient consumer spending driving its continued lead over China for the third consecutive year—at least by one key measure. According to data released by the Bureau of Economic Analysis on January 30,...
Sluggish trading marks pre-holiday market as aluminium ingot and billet inventories build-up
On January 27 morning, the SHFE aluminium front-month contract centre fluctuated rangebound, declining to around RMB 20,170 per tonne, as reported by SMM . The East China market was almost entirely immersed in the holiday atmosphere, with sluggish market trading and a frozen trading sentiment,...
Consumer product prices are likely to take US aluminium and copper tariff hits, warn analysts
Amid various speculations raised by Donald Trump's recently proposed import tariffs on aluminium and copper, the most recent one is the possible impact on domestic consumer good prices. Aluminium industry analysts and participants fear that suggested tariffs on US aluminium and copper imports may...
Market Commentary: China is transitioning from 2024 to 2025 with bold trade strides as global geopolitics weigh in
Aluminium prices edged up by 0.08 per cent to close at INR 252.75 (USD 2.92) amid renewed investor optimism over China following comments from former US President Donald Trump hinting at a potential trade deal with the world's largest consumer of metals, as reported by investing.com. Market...
Trade analysis: Australia’s aluminium export value booms on strong metal prices
Australia is on course to achieve a record-breaking performance in aluminium exports, with the metal now ranking as the fourth-largest export category after iron ore, coal, and natural gas. According to the International Trade Administration, Australia’s aluminium exports in the first eleven months...
Metro Mining Q4 2024 update: Record performance from Bauxite Hills Mine
The Australian mining and exploration company Metro Mining Limited has published its Q4 2024 operational update. As announced on January 6, 2025, the Bauxite Hills Mine has successfully demonstrated its capability to consistently operate at the expanded target rate of 7 million wet metric tonnes...
Manaksia Aluminium at a 52-week low
Manaksia Aluminium, a microcap company and a trusted name in manufacturing aluminium sheets and coils, has seen a 52-week low in its share price, closing the day (January 27, 2025) at INR 79.93 (US$0.93). Despite a brief recovery in the early morning, reaching INR 83.34 (US$0.97), the stock closed...
