The Australian aluminium smelter has initiated a formal consultation process with its workforce, acknowledging that it has not yet identified a commercially viable energy supply solution beyond 2028, putting the plant’s future in doubt.👉 Source: Reuters Summary : MELBOURNE, Oct 28 (Reuters) – Rio Tinto (RIO.AX), opens new tab warned on Tuesday that Australia’s largest aluminium smelter, […]
While specific data for 27 Oct may require login, the official LME aluminium page remains the central reference for price, inventory and contract specs.👉 Source: LME Aluminium Summary : Aluminium is a lightweight, durable, and infinitely recyclable metal that is vital to modern industries, including construction, transportation, and packaging, thanks to its strength-to-weight ratio and […]
According to TradingEconomics, aluminium was trading near USD 2,859.90/t on 24 October, illustrating the strength ahead of 27 October.👉 Source: TradingEconomics Summary: Aluminum futures in the UK rose to $2,815 per tonne in October, the highest in three years, on a backdrop of increasingly tight supply. Major consumers remained alert to near-term tightness in physical […]
The London Metal Exchange (LME) released updated aluminium premium duty-paid/ duty-unpaid data, highlighting elevated premiums amidst tight supply.👉 Source: LME – Aluminium Premium D Market Snapshot (27 Oct 2025): LME premium/duty-paid aluminium: data released on 27 October Lme+1 Aluminium futures/benchmark: ~ USD 2,859.90/t (24 October figure) Trading Economics+2Metal+2 Article Link: https://www.lme.com
Aluminium on India’s MCX rose to about ₹264/kg, as global markets remain strong and the rally extends across copper, aluminium and zinc.👉 Source: Economic Times Summary: Base metal prices have witnessed a remarkable rally over the past few weeks, with copper, aluminium, and zinc leading the charge across major global exchanges. Copper prices have surged […]
The Aluminium Association of India (AAI) is backing a government proposal to impose export restrictions on aluminium scrap to safeguard domestic supply amid rising downstream demand.👉 Source: Mining.com Market Snapshot (25 Oct 2025): LME contract & warrant data: refer to LME official pages👉 LME Aluminium official page Aluminium (USD/t): ~ USD 2,790/t (cash price per […]
The LME released a consultation document exploring a premium pricing mechanism for aluminium produced under low-carbon/green credentials through its sustainability marketplace.👉 Source: LME Sustainable Metals Premium Pricing Summary : In October 2025, the LME announced its roadmap for the development of sustainable metal premium pricing for LME-approved brands. This includes the launch of a new […]
According to the latest data from the World Bureau of Metal Statistics (WBMS), August output was 6.14 Mt versus consumption of 6.24 Mt, marking a deficit of ~100,000 t.👉 Source: Yieh / WBMS news Summary : According to the announcement from Nippon Steel, the price of 300-series cold-rolled stainless steel and plate will be raised […]
Opening stocks now ~482,500 t, down 3.3% week-on-week. Metal News Summary: [SMM Aluminum Express] On October 22, LME aluminum inventory was recorded at 482,500 mt, a decrease of 1,600 mt from the previous day, down 0.33%. Over the past week, LME aluminum inventory decreased by a total of 16,500 mt, down 3.30%. Over the past […]
The 3-month contract reached USD 2,821/t, driven by smelter curtailment in Iceland and tight global supply. hellenicshippingnews.com+1 Market Snapshot (23 Oct 2025): LME cash settlement: USD 2,818/t; LME stock: ~482,525 t westmetall.com+1 Aluminium futures: ~ USD 2,809.80/t (up ~1.03%) Trading Economics Article Link : https://www.hellenicshippingnews.com