On 3 October, the LME cash bid climbed from USD 2,699.5 to USD 2,702/t. The 3-month bid also gained USD 1.5/t, settling at USD 2,703.👉 Source: AlCircle Summary: On Friday, October 3, the London Metal Exchange (LME) aluminium cash bid price rose by USD 2.5 per tonne or 0.1 per cent, up from USD 2,699.5 […]
Novelis, the world’s largest aluminium recycler (and owned by Hindalco), suffered a fire at its Oswego, New York plant on 16 September. The hot mill is expected to resume operations by Q1 2026.👉 Source: Reuters Article Link : https://www.reuters.com/world/us/fire-ford-supplier-set-disrupt-business-months-wsj-reports-2025-10-06/?utm_
Summary : Aluminum futures were at $2,700 per tonne, holding the rally that tested the three-year high of $2,715 on September 16th on the outlook of lower supply. The Chinese Ministry of Industry and Information Technology slashed its annual output growth target for base metals to an average of 1.5% annually for 2025 and 2026, […]
The LME’s dedicated aluminium page continues to provide contract specifications, pricing, and market data.👉 Source: LME Aluminium Market Snapshot (as of early October): Aluminium spot: ~USD 2,711.25/t (↑ 0.81%) Trading Economics LME Cash / 3-month aluminium benchmark: USD values per AlCircle / LME data above Article Link : https://www.lme.com/en/metals/non-ferrous/lme-aluminium?utm_
India’s trade authority has started a countervailing duty investigation into Chinese aluminium foil (≤ 80 microns) over alleged subsidization harming domestic producers.👉 Source: Economic Times Summary : India’s trade body has started a probe. It is investigating Chinese aluminium foil imports. The Directorate General of Trade Remedies will check for government subsidies. This investigation covers […]
On 3 October, LME cash bid rose from USD 2,700 to USD 2,702 (0.11%), while the 3-month bid increased to USD 2,703 (0.06%). Stocks and warrant changes also recorded minor movements.👉 Source: AlCircle Summary : On Friday, October 3, the London Metal Exchange (LME) aluminium cash bid price rose by USD 2.5 per tonne or […]
The LME site lists the current benchmark aluminium contract.👉 Source: LME Aluminium Market Snapshot (latest): Alumina Settlement (October 2025): via Argus pricing page Argus Media Aluminium Price: USD 2,711.25/t (up 0.81%) Trading Economics LME 3-Month Closing: USD 2,709.50/t Lme
Scrap prices and sentiment in the U.S. are under pressure, with an expected ~3.6% MoM fall in scrap prices amid weak demand.👉 Source: Fastmarkets Summary : Ferrous scrap prices are expected to fall further in October, continuing September’s downward trend. The Trend Indicator slipped to 40.1, suggesting increased bearish sentiment across the market and pointing […]
Imports of aluminium plates, sheets, bars to the U.S. dropped ~2.2% year-on-year under tariff pressures and weakening demand.👉 Source: AlCircle Summary: Semi-fabricated aluminium imports fell 617,000 tonnes in the first half of 2025, down 2.2 per cent from 631,000 tonnes a year earlier. Monthly inflows reflected mixed trends. In January, imports jumped to 125,000 tonnes […]
Hydro is completing the integration and rebranding of its acquired recycling operations in Poland and Hungary, consolidating into its foundry alloy business.👉 Source: Hydro Summary: Article Link: https://www.hydro.com/en/global/media/news/2025/hydro-moves-to-finalize-integration-of-recycling-company-alumetal/?utm_