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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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