Aluminum Top Stories

Hindalco beats Q2 profit view on higher aluminum prices

The benchmark aluminum and copper prices on the LME rose 20% and 24%, respectively, from the second quarter of last year.

Reuters | November 11, 2024 | 9:18 am

World’s top energy trader Vitol eyes metals as oil demand set to peak

CEO Hardy points to iron ore, copper, and aluminum as…

Staff Writer | November 8, 2024 | 9:12 am

Vedanta tops Q2 profit view on higher metals prices

Vedanta benefitted from higher prices of aluminum, zinc and copper,…

Reuters | November 8, 2024 | 7:22 am

Alcoa suspends bauxite shipments from Brazil’s Juruti mine due to port issue

The company halted bauxite shipments from Brazil's Juruti port due…

Reuters | November 7, 2024 | 7:37 am

Rusal raises bar in Nornickel dispute with fresh claims against Potanin

Rusal is suing Nornickel's CEO, claiming he violated a shareholder…

Reuters | November 1, 2024 | 7:11 am

LME monitors tightness in aluminum market after spike in spread

The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago.

Reuters | October 2, 2024 | 7:02 am

Canada to hit Chinese steel and aluminum with tariffs on Oct. 22

Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks.

Bloomberg News | October 1, 2024 | 2:27 pm

Aluminum squeeze rolls on with key LME spread spiking again

The October monthly contract traded at a $22 premium to November on Tuesday, hitting a new high after the spread jumped by more than $9 the previous day.

Bloomberg News | October 1, 2024 | 10:59 am

Firms substituting cheaper aluminum for copper, trend growing

Currently, the price of copper is 3.8 times that of aluminum.

Reuters | October 1, 2024 | 6:43 am

Arzyz Metals to launch $650 million Mexico plant expansion

Aluminum company will expand its Cienega de Flores plant in Mexico's Nuevo Leon state.

Reuters | September 30, 2024 | 3:54 pm

Aluminum spread jumps again as traders eye Trafigura position

Traders are also focusing on a single large long position in the October aluminum contract, which is held by Trafigura.

Bloomberg News | September 30, 2024 | 10:43 am

Global aluminum market seen closer to balance in 2025, Rusal says

Rusal, responsible for 5.5% of global aluminum supply, has been increasing deliveries to China.

Reuters | September 30, 2024 | 10:07 am

Elevated alumina prices to feed on China aluminum producer profits

China's aluminum producers have made rising profits due to elevated prices of the metal.

Reuters | September 30, 2024 | 7:35 am

Copper takes top spot again as best prospect at LME seminar

Copper got 46% of votes in an informal poll at the LME Seminar on which base metal is likely to have most upside.

Reuters | September 30, 2024 | 7:14 am

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