LME revises Financial OTC Booking Fee rules effective today – 01 October 2025

Under LME’s modernization plan, the revised FOTCBF rates for lookalike trades come into effect on 1 October 2025.👉 Source: LME Press Release Summary: • The Consultation on Enhancing Liquidity followed the publication in September 2024 of the White Paper on Enhancing Liquidity (the White Paper) and the subsequent Update on Enhancing Liquidity (the Update) in April […]

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Alcoa to permanently close Kwinana alumina refinery – 30 September 2025

Alcoa announced it will shut its Western Australia Kwinana refinery, taking a ~USD 890 million hit, citing market and cost pressures.👉 Source: Reuters Summary: In January last year, the U.S. aluminum producer said it planned to stop production at the loss-making refinery amid challenging market conditions and the facility’s age. “Alcoa operated the Kwinana refinery […]

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Mercedes shifts to low-carbon aluminium in EV production- 30 September 2025

Mercedes-Benz, in collaboration with Norsk Hydro, will use aluminium produced via renewable energy and recycling in its electric CLA model, cutting CO₂ emissions by ~40%.👉 Source: Reuters Summary: The metal made for Mercedes at Norsk Hydro’s Aardal on Norway’s coast causes just 3 kg (6.6 pounds) of CO2 emissions per kilogram of aluminium compared with […]

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Press Metal sees growth prospects amid tightening supply – 29 September 2025

HLIB notes average LME aluminium prices rose ~7% quarter-on-quarter to around USD 2,560/t, with Press Metal expanding upstream to secure feedstock.👉 Source: Business Today Summary : Aluminium’s upward price trend is expected to underpin Press Metal Aluminium Holdings Bhd’s earnings momentum, Hong Leong Investment Bank (HLIB Research) said. In its latest note, HLIB said average […]

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LME advances market structure modernisation – 29 September 2025

The LME has announced changes to its Financial OTC Booking Fee (FOTCBF) for “lookalike” trades, effective 1 October 2025, as part of efforts to level the playing field between on-exchange and OTC markets.👉 Source: LME Press Release Summary: The London Metal Exchange (LME) has today published its consultation outcomes confirming the introduction of certain market […]

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Aluminium price slips to USD 2,652.60/t – 26 September 2025

According to TradingEconomics, aluminium fell by ~0.32% compared to the previous day, reflecting volatility in the market.👉 Source: TradingEconomics Summary : Aluminum futures fell to around $2,650 per tonne, retreating from a six-month high reached on September 16, amid weakening demand. In North America (the US and Canada), aluminum demand fell by 4.4% year-on-year in […]

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Upstream trends: India’s aluminium exports down ahead of CBAM, China’s production slightly up – 25 September 2025

Exports of unwrought aluminium & related products rose to 542,000 t in July from 489,000 t, but Indian aluminium exports to EU fell ~9.8%. Chinese output increased ~1.22% YoY in August.👉 Source: ALCircle “Upstream Weekly” Summary: In the first half of 2025, China’s trade in unwrought aluminum has revealed a growing imbalance: imports surged to […]

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