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 […]
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 […]
Rising demand, capped Chinese production, and constrained global inventories are reinforcing bullish pressures on aluminium prices.👉 Source: Financial Times Summary : Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.comT&Cs and Copyright Policy. Email licensing@ft.com to […]
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 […]
On 26 September, LME aluminium prices dipped ~0.71%, with cash offer at USD 2,642.50/t and stocks climbing to 517,700 t.👉 Source: ALCircle Summary : The cash bid price declined to USD 2,642 per tonne, down 0.71 per cent from USD 2,661 per tonne on September 25, while the cash offer price slipped by 0.71 per […]
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 […]
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 […]
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 […]
The cash bid/offer rose ~USD 38.5/t (1.5%), with 3-month prices also rising. LME stocks edged up ~0.23%.👉 Source: ALCircle Summary : The rising trend continues as the December 26 bid and offer price went up by USD 35 per tonne or 1.31 per cent, closing at USD 2,705 per tonne and USD 2,710 per tonne. […]
Ahead of next year’s contract negotiations, market participants flag uncertainty over CBAM cost methodology, logistics, and supply stability.👉 Source: Fastmarkets Insight Summary :