Why Did the Aluminium Price Fall Below US$ 2000?
It’s not surprising when the seasonal slowdown pushes aluminium prices to fall below US$ 2000/tonne in July. But when prices...
aluminium prices
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious losses, causing the index to drop by 6.6% in May. The reason for this fall remains the same: investors are cautious about...
CRU Group’s main points at Aluminium Düsseldorf and LME Week
This year, both Aluminium Düsseldorf, and LME Week’s annual gathering in London, were scheduled for the second week of October,...
Experts: US Sanctions on Rusal Will Hurt American Consumers
Despite their aim at punishing Russian individuals and organizations the United States accuses of manipulating global events, experts say that...
Events
Year in Review: The Journey of Aluminium Prices in 2017
The last twelve months have seen an incredible comeback in the aluminium market. Thanks to sweeping fundamental changes in the way aluminium is produced and consumed, the metal has rocketed from lows of $1,700 to five-year highs, before settling around the $2,000 mark. But what caused such a remarkable turnaround, and will the forces that […]
Why aluminium prices still have potential to grow
Aluminium has been the top-performing base metal this year, prices climbing 25 % so far, largely due to China’s determination to shutter illegal smelters, and cut production of aluminium and alumina by 30% in four provinces around Beijing during the winter, to curb pollution. After reaching the its highest level in five years of US$ […]
Summaries from the 31st Metal Bulletin Aluminium Conference
The 31st Metal Bulletin aluminium conference took place at Melia Avenida America Hotel in Madrid, Spain, from September 27th to 29th. Almost 400 delegates from all over the world participated. The conference covered significant topics in the aluminium market over the course of eight sessions featuring over thirty speakers. Some of the highlights from the […]
Aluminium prices at 13-month highs
Base metals prices were at multi-week highs during the first half of July as uncertainty after the Brexit referendum faded away, while investors, expecting more stimulus measures around the world, have reversed the short-term bets on lower prices. The LMEX base metals index climbed to a new ten-week high of 2,430 points on Monday, July […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
