The London Metal Exchange started its activity on July 11 (July 20) while the cash selling price of aluminum was announced at $2416 (ton). According to this report, on Friday, July 15 (July 24), the one-month sale of this metal reached 2326 dollars and 50 cents. The quarterly sale of aluminum metal reached $2339 (ton)
The new US president announced that, contrary to the previous president's decision, she will reimpose tariffs on aluminum imports from the United Arab Emirates. In the last moments of his presidency, Donald Trump canceled the country's tariffs on aluminum imports from the UAE. The White House announced Monday evening that the 10 percent tariff will
Quarterly sales of the metal fell to $2,436 and 50 cents on Friday from $2,444 (ton) a week earlier. At the same time, the inventory of aluminum metal also faced a new decrease, so that it decreased from 369,675 tons on the previous Friday to 347,175 tons. The trading volume of aluminum metal on Thursday,
Despite its strong management and hard-working personnel, it has been selected as the model industrial unit in the central province for the fourth year in a row.
On Friday, July 10, which coincides with July 1, this exchange ended its work while the one-month sale of aluminum had decreased to $2435.5 (ton). The quarterly sales of this metal decreased from $2,456 (tons) to $2,444 (tons) on Friday, July 10. The excessive decrease in the price of aluminum in the London Metal Exchange
Century Aluminum facility in Hawesville has already started its idling process from Monday, June 27. According to Mike Baker, Director of Economic Development for the Industrial Foundation, the shut down of the plant is hurting a lion share of revenue in the region, besides creating unemployment To support this belief, Baker has further noted that
Vedanta Limited reduced its aluminium ingot and aluminium products prices on an alternate day after escalating the prices on Friday, June 24. With effect from Saturday, June 25, Vedanta’s aluminium ingot price saw a slash of INR 3,750 per tonne or 1.66 per cent to INR 222,000-255,000 per tonne. On the previous day, the
At the same time, the country announced that it intends to reduce its aluminum exports to the world market at a regular rate. China is the largest producer and exporter of primary aluminum in the world, so its decision to reduce exports will be an important decision in the global aluminum market. According to Chinese
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. To begin with, for the week, the Vietnam Ministry of Commerce announced the results of the second examination of anti-dumping measures imposed on certain Chinese aluminium imports. While in Europe, AMAG, the leading Austrian premium provider of the high-quality
On Monday, June 13, A00 aluminium ingot price in China halted at RMB 20,100 per tonne, falling sharply by RMB 400 per tonne, as shown in the SMM data. The average price is expected to hover between RMB 20,080 per tonne and RMB 20,120 per tonne, with spot contract to be traded at a discount
