By Andy Home LONDON (Reuters) -Global production of primary aluminium hit an all-time high in August, with the world’s smelters running at an annualised rate of 71.2 million metric tons. …
aluminium
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Business News
China Jan-Feb aluminium imports from Russia more than triple on-year
by Reutersby ReutersBEIJING (Reuters) – China’s aluminium imports from Russia more than tripled in the first two months this year with a 266.2% surge, customs data showed on Monday, as buyers eyed …
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Business News
Aluminium open interest, volume on CME hit record high in February
by Reutersby Reuters(Reuters) – Aluminium futures on the Chicago Mercantile Exchange hit record average daily volumes in February, a four-fold jump compared to a year ago, and open interest also reached historic …
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LONDON (Reuters) – Aluminium prices on the London Metal Exchange shrugged off a decision by the United States to impose steep tariffs on Russian metal on Friday, though traders said …
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Business News
Steep levies on Russian aluminium could threaten U.S. nickel supply
by Reutersby ReutersBy Pratima Desai LONDON (Reuters) – Russia is likely to limit exports of key metals such as nickel and palladium if the United States imposes steep taxes on imports of …
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Business News
Analysis-Bumper green aluminium output is good news for carmakers, and climate
by Reutersby ReutersBy Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down …
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By Victoria Klesty OSLO (Reuters) – Norsk Hydro will supply Mercedes-Benz with low-carbon aluminium for a range of models from 2023, including its electric EQ models, as the luxury carmaker …
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US and World News
Aluminium spikes 7% after report of U.S. ban of Russian supplies
by Reutersby ReutersLONDON (Reuters) – Aluminium prices on the London Metal Exchange (LME) soared on Wednesday after Bloomberg reported that the United States was considering a ban on Russian aluminium in response …
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MOSCOW (Reuters) – Russia’s Rusal has reshuffled its sales team, the giant aluminium producer said on Tuesday, signalling the intensifying fight to keep its sales book solid despite the effect …
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US and World News
Russia’s Rusal denies it plans to deliver aluminium into LME warehouses
by Reutersby ReutersMOSCOW (Reuters) – Russia’s Rusal said on Friday that speculation the aluminium producer was planning to offload metal into London Metal Exchange (LME) registered warehouses was misleading. The LME, the …
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US and World News
CME says aluminium futures average daily volumes have surged in Q3
by Reutersby Reuters(Reuters) – Futures exchange operator CME Group Inc on Friday said average daily volumes in aluminium futures have surged 359% in the third quarter to date from the first quarter, …
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US and World News
To buy or not to buy: Russian aluminium dilemma for Europe’s buyers
by Reutersby ReutersBy Joan Faus BARCELONA (Reuters) – Europe’s power crisis, production cuts and shortages of aluminium have left consumers in a quandary about Russian supplies of the metal vital for the …
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Financial News
Sky-high energy costs to fan fire under aluminium and zinc prices
by Reutersby ReutersBy Peter Hobson LONDON – Slowing economic growth is weighing on industrial metals prices but zinc and aluminium are likely to outperform if sky-high energy prices force European smelters to …
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Financial News
Japan buyers agree to Q2 aluminium premium of $172/T, sources say
by Reutersby ReutersBy Yuka Obayashi TOKYO – The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as …
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By Pratima Desai LONDON – Oil prices jumped to near eight-year highs and wheat to 14-year peaks, while aluminium, Dutch gas and European coal prices hit records as Western sanctions …
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Financial News
Aluminium and nickel hit multi-year highs on Russian supply threat
by Reutersby ReutersLONDON – Aluminium and nickel prices hit multi-year highs on Tuesday after Russia ordered troops into two breakaway regions of eastern Ukraine, raising fears of war and sanctions on Moscow …
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Financial News
Aluminium shortages to deter blanket sanctions on Rusal – analysts
by Reutersby ReutersBy Pratima Desai LONDON – The United States and European Union countries are unlikely to impose blanket sanctions on Rusal if Russia invades Ukraine as that would exacerbate aluminium shortages, …