The cash bid/offer rose ~1.33% to USD 2,817/2,818/t; 3-month bid/offer also gained ~1.1%. LME inventory dropped ~1,600 t to 482,525 t. alcircle+1 Summary: Both the LME cash bid and offer rose by USD 37 per tonne or 1.33 per cent, and each settled down at USD 2,817 per tonne and USD 2,818 per tonne, respectively. […]
Canadian PM Mark Carney declined to support retaliatory measures against U.S. aluminium tariffs, citing ongoing bilateral negotiations.👉 Source: Reuters Summary : OTTAWA, Oct 16 (Reuters) – Prime Minister Mark Carney on Thursday brushed off calls to retaliate against the United States over its tariffs on some Canadian exports, saying the two countries were deep in […]
The LME has published its plan for sustainable metals premium pricing, including a discussion paper open through 28 November 2025.👉 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 HKEX […]
Negotiations between Japanese buyers and global producers over Q4 delivery premiums remain unresolved, with initial offers lowered and talks extended past usual timelines.👉 Source: Reuters Summary : TOKYO, Oct 17 (Reuters) – Quarterly pricing talks between Japanese aluminium buyers and global producers have stretched unusually long as both struggle to close a wide gap on […]
As U.S. aluminium prices rise, Canadian producers have boosted shipments into the U.S., reversing earlier flows to Europe. The U.S. Midwest premium reached a record $0.77/lb (~USD 1,697/t).👉 Source: Reuters Summary : Aluminium consumers buying on the physical market pay the London Metal Exchange price, around $2,750 a ton, plus the Midwest premium to cover […]
On 15 October, the LME aluminium cash bid strengthened to USD 2,752/tonne (up ~0.70%), while warehouse stocks dropped ~4.8%.👉 Source: AlCircle Summary : The LME aluminium cash bid price stood at USD 2,752 per tonne, up 0.70 per cent from USD 2,733 per tonne on October 14. The cash offer also increased by 0.68 per […]
The Aluminum Association has called for a ban on used beverage can exports from the U.S. to China, citing strategic resource security and the need to keep scrap supply for domestic recycling.👉 Source: Reuters Summary: WASHINGTON, Oct 14 (Reuters) – A trade group representing the aluminum industry called on Tuesday for a ban on U.S. […]
The U.S. Aluminum Association is urging restrictions on exports of used beverage cans and other scrap, to bolster domestic supply and reduce dependence on overseas recycling.👉 Source: Mining.com Summary: The US Aluminum Association called for restrictions on some scrap metal in an effort to bolster a domestic supply. In a white paper released Tuesday, the […]
The LME unveiled its framework for sustainable metal premium pricing, inviting feedback via a discussion paper. The initiative includes use of the Metalshub platform and eligibility criteria based on sustainability disclosures.👉 Source: LME Press Release / LME site Summary: These include the launch of a new HKEX Group company in Dubai that will serve as […]
According to SMM, the social inventory of secondary aluminium ingots in major consumption regions fell by 1,600 mt to 54,800 mt compared to 9 October.👉 Source: SMM / Metal.com Summary : According to SMM statistics, the social inventory of secondary aluminum ingots in mainstream domestic consumption areas was 54,800 mt on October 16, a decrease […]