This week’s multiple announcements by the majority state-owned Saudi Arabian mining company Ma’aden that it was acquiring shares of aluminium producers in the region shows that the Middle Eastern aluminium industry has matured, according to Fastmarkets analyst Andy Farida

Ahead of LME Week 2024, the exchange's CEO, Matthew Chamberlain, sat down with Andrea Hotter for Fast Forward podcast to talk about the exchange's role in facilitating responsible sourcing and transparency along the metals supply chain

Investing in scrap processing capacity will be a key factor for the aluminium industries in Europe and North America in securing enough suitable scrap to decarbonize their primary alloys, industry sources said at Fastmarkets’ International Aluminium conference in Athens, Greece.

China is working ways to boost the national carbon trading market liquidity by including more industrial firms from the steel, cement and electrolytic aluminum sectors to participate, as well as restarting the voluntary greenhouse gas (GHG) emissions reduction trading, sources told Fastmarkets.

Fastmarkets proposes to amend the frequency of MB-AL-0052 aluminium 6063 extrusion billet premium, delivered Midwest US, US cents/lb.

Fastmarkets will launch an aluminium low-carbon P1020A all-in price, Chicago Mercantile Exchange-based, delivered Midwest US, US cents/lb on Monday September 23.

Aluminium’s most important players met at Fastmarkets’ International Aluminium Conference in Athens on September 10-12 to debate the issues shaping the future of the industry. We highlight some of the standout quotes.

Total open-tonnage stocks in London Metal Exchange-registered warehouses rose by 6.0% to 1,137,907 tonnes at the end of August, from 1,073,574 at the end of July, according to the latest data released by the exchange on Tuesday, September 10.

Fastmarkets has corrected its MB-ALU-0018 alumina index inferred, fob India, $/tonne; MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne; and MB-ALU-0020 alumina index inferred, fob Vietnam, $/tonne, which were published incorrectly from September 2 to September 9.

Although some sectors are still reluctant to pay more for green aluminium, it’s important to have differential premiums for low-carbon products because they can increase awareness about the green agenda, chief executive officer of Brazil's Companhia Brasileira de Alumínio (CBA) told Fastmarkets during an interview.