coronavirus

Japan’s First Second Quarter Aluminium Premiums Deal Lower By 22 Percent From 2019

Japan’s First Second Quarter Aluminium Premiums Deal Lower By 22 Percent From 2019

Japan saw the first significant aluminium delivery deal for the second quarter of this year settle at US$82 per metric ton above London Metal Exchange cash price earlier this week according to industry sources who spoke to metals media. Per S&P Global,...

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CNIA Suggest Aluminium Stockpiling In Response To Coronavirus Woes

In a bid to limit the pressure on aluminium producers in the People’s Republic of China exerted by the quickly-spreading coronavirus, the China Nonferrous Metals Industry Association (CNIA) advised stockpiling the metal until the crisis has passed. The CNIA said most of the country’s major suppliers have been able to maintain “normal production,” but demand […]