london metal exchange

LME Mulling Rent Reduction for Stored Aluminium

LME Mulling Rent Reduction for Stored Aluminium

In a bid intended to lure back ever-shrinking inventories of metals including aluminium, the London Metal Exchange is attempting to renegotiate rental rates with its network of metal warehouses. “The LME has initiated a discussion with the warehouse community to find a...

Events

Rusal Asks Japanese Buyers for Continuation of Q2 Aluminium Premium

According to Japanese aluminium buyers who spoke to industry media on Friday, UC Rusal requested of them a rollover of prices offered in the current quarter into this year’s Q3. S&P Global Platts said in an article yesterday that several Japanese buyers received an email from late Thursday requesting the move, retaining the current terms […]

Rise in Aluminium Prices Could Prompt Increases in Exports from China

Analysts watching the People’s Republic of China’s aluminium sector predict the summer will see a marked increase in exports from the country, with shipments of semi-formed aluminium to lead the charge. According to experts, the improved manufacturing environment, coupled with the steady drop in aluminium stockpiles around the world, will increase demand. However, many of […]