Aluminum price firms to 11-week high on Yunnan doubts, firm technicals
Aluminum prices touched an 11-week high on Monday over concerns over slow recovery in production in China’s Yunnan province and supported by a strong technical outlook.
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Visit: 58
Aluminum price jumps after report EU may sanction Russian metal
Aluminum rallied in London after Politico reported that the European Union is considering sanctions on Russian aluminum ahead of the second anniversary of the invasion of Ukraine.
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Visit: 99
Aluminum price hits weakest in more than three months on fund selling
Mining News Pro - Aluminum prices touched their lowest in more than three months on Monday as speculative funds stepped up selling on expectations of rising inventories.
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Visit: 114
Aluminum price climbs as Goldman sees larger supply deficit
Mining News Pro - Aluminum steadied, bucking a broader slide among industrial metals, with traders focusing on a likely shortfall in supply of the metal next year amid constraints on Chinese supply.
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Visit: 166
Hefty shortages to help buoy aluminum prices this year
Mining News Pro - Supply disruptions in China due to problems with hydropower mean hefty shortages of aluminum this year, which are likely to offset slow demand growth and help bolster prices.
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Visit: 262
Aluminum price extends gains after record spike on Russia supply fears
Mining News Pro - Aluminum rose again after Thursday’s record surge, with the London Metal Exchange’s plan to discuss a potential ban on Russian metal exacerbating supply concerns while stimulus measures in China bolstered the demand outlook.
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Visit: 530
Aluminum price extends gains after record spike on Russia supply fears
Mining News Pro - Aluminum rose again after Thursday’s record surge, with the London Metal Exchange’s plan to discuss a potential ban on Russian metal exacerbating supply concerns while stimulus measures in China bolstered the demand outlook.
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Visit: 491
Aluminum price lowest since April 2021 on strong dollar and demand outlook
Mining News Pro - The aluminum price sank to the lowest since April 2021 on Wednesday as faltering global economic growth weakened the outlook for demand and boosted the dollar.
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Visit: 560
Aluminum price at 17-month lows as strong dollar overshadows smelter cuts
Mining News Pro - Aluminum prices fell to 17 month lows on Tuesday as a strong dollar and worries over economic growth overshadowed production cuts in Europe.
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Visit: 398
Aluminum price pulls back on concern about Chinese construction demand
Mining News Pro - Aluminum and copper prices slipped on Wednesday on worries about declining demand after data from top metals consumer China highlighted a weak construction sector.
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Visit: 643
Chinese lockdowns dragging aluminum prices down, no respite before H2
Mining News Pro - In its latest industry report, market analyst Fitch Solutions maintains its 2022 and 2023 aluminium price forecasts of $3,000/tonne and $2,800/tonne, after impressive rallies in Q122, but notes strong downside risks as strict Chinese lockdowns pose a strong threat to demand for the metal in 2022.
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Visit: 485
Aluminum price rises on low supply as base metals end fear-filled week
Mining News Pro - Aluminum rose in London on shrinking inventory as other base metals wavered following a turbulent week dominated by growing concerns on the state of the global economy.
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Visit: 423
Demand headwinds push aluminum price to five-month low
Mining News Pro - Aluminum fell to its lowest in nearly five months on Tuesday as funds betting on lower prices due to slowing demand sold, but worries about output cuts in Europe because of high power costs are expected to provide some support.
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Visit: 417
Aluminum price rebounds on China infrastructure push, low inventories
Mining News Pro - Aluminum price rebounded in London as investors assessed a major Chinese infrastructure push and dwindling stockpiles of the metal.
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Visit: 450
Aluminum price streaks to record on fears logistics issues will hit supply
Mining News Pro - Aluminum prices bolted to a fresh record peak on Wednesday as investors worried that logistics difficulties would block metals supplies due to tough sanctions on major producer Russia.
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Visit: 583
Aluminum price jumps to record as Russian attack boosts supply risks
Aluminum rallied to a record in London and nickel surged to the highest in more than a decade, pacing gains in industrial-metals markets as the deepening Ukraine crisis added to supply risks in an industry already facing critical shortages.
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Visit: 586
Aluminum price nears 13-year high on tight supply
Mining News Pro - The aluminum price rose to near the strongest level since 2008 as traders assessed the possible impact of a potential easing of geopolitical tensions over Ukraine.
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Visit: 483
Aluminum price hits highest since 2008 on LME, closes in on a record
Mining News Pro - Aluminum surged to a 13-year high in London as booming demand and a swath of smelter closures from China to Europe bring the risk of shortages of the crucial industrial metal.
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Visit: 1076
Aluminum Prices will create another Pinch Point for Auto Industry
Mining News Pro - Tensions between the U.S. and Russia over Ukraine are exacerbating a shakeout in the aluminum sector, which has been hammered by rising power prices over the past year.
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Visit: 375
Aluminum price climbs with output facing pressure in Europe
Mining News Pro - Aluminum rose as investors weighed fresh signs of pressure on output, with Alcoa Corp. planning to shut a European plant and Beijing vowing to cut carbon emissions from China’s huge army of smelters.
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Visit: 856
Aluminum price hits 13-year high as energy surge pressures supply
Mining News Pro - Aluminum jumped to the highest since 2008 as a deepening power crisis squeezes supplies of the energy-intensive metal that’s used in everything from beer cans to iPhones.
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Visit: 475
Shanghai aluminum price hits 11-year high as smelters break records
Mining News Pro - China’s March aluminum output rose from a year earlier to a monthly record, official data showed on Friday, despite curbs on energy use in the smelting hub of Inner Mongolia, as new capacity came on stream.
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Visit: 642
Increasing supply from China to cap aluminum price
Mining News Pro - Expect to see a broader recovery in global aluminum demand alongside a forecast rebound in global economic growth, market analyst Fitch Solutions says.
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Visit: 649