Aluminium prices gained ~0.50% on strength in LME markets, climbing to multi-month highs as inventory continues to fall.👉 Source: Investing.com Summary : Aluminium prices gained 0.50% to settle at 262.95, tracking strength in LME prices, which hit a 16-month high amid declining inventories and tightening supply conditions. LME on-warrant inventories fell 15% over the past […]
The London Metal Exchange maintains live contract specs, warehouse reports, and official statistics on aluminium.👉 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 corrosion resistance. LME Aluminium benefits Unparalleled liquidity and market depth: tradeable […]
Canadian PM Mark Carney states he and U.S. President Trump aligned on future direction for steel and aluminium sectors amid ongoing trade tensions.👉 Source: MiningWeekly via Reuters Summary: Ottawa says Carney and Trump asked officials to work on possible agreements for key sectors over the next few weeks. “The President … and myself had a […]
Bell Bay Aluminium in Tasmania warns of “significant risk” after failure to secure a new 10-year power supply agreement. The current power deal ends December 31.👉 Source: ABC / Australia Summary : Bell Bay Aluminium has told staff the company faces a “significant risk” after being unable to secure a 10-year power supply deal with […]
Aluminium futures remain elevated, supported by supply constraints and rising demand.👉 Source: TradingEconomics Summary: Aluminum futures rose toward $2,730 per tonne in October, testing the highest in three years amid the outlook of lower supply. Chinese authorities cut their annual output growth target for base metals to an average of 1.5% annually for 2025 and […]
India’s Directorate General of Trade Remedies has launched a countervailing duty investigation on aluminium foil (≤ 80 microns) imports from China, citing preliminary evidence of injury to 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 […]
Emirates Global Aluminium is reportedly in talks to acquire Companhia Brasileira de Aluminio (CBA), aiming to strengthen its vertically integrated operations in Latin America.👉 Source: Reuters Summary: Article Link : https://www.reuters.com/world/middle-east/emirates-global-aluminium-explores-bid-brazilian-aluminium-firm-cba-sources-say-2025-10-07/?utm_source=chatgpt.com
LME aluminium stocks plunged by nearly 100,000 tonnes in early September amid speculative demand and tight physical markets. Meanwhile, global primary aluminium output rose 0.9% YoY in August; China’s output increased 1.22%.👉 Source: Investing.com Summary: Globally, aluminium supply remains tight. According to WBMS, the world aluminium market posted a deficit of 119,900 tons in July […]
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_