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Aluminium is a core material in the global metals market, from electronics to automobiles. The growing need to transition to a more sustainable future has placed aluminium near the top of the metals market food chain because of its strength, recyclability and lighter weight.
Aluminium prices fluctuate with volatile market conditions. However, the continued shift toward light weighting in electric vehicles and China’s reopening after three years of strict Covid-19 restrictions are helping to increase demand for this sought-after material.
Whether in packaging, construction or electrical equipment, aluminium is being used more and more because of its strength, resistance to corrosion, recyclability and ability to act as a conductor. We provide prices, news and analysis of aluminium so you can keep up to date with the market’s movements.
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The benchmark aluminium premium in the United States returned to its recent peak, amid rising offers to consumers and bullish sentiment in the US, after Australia banned sales of alumina to Russia.
The United States and United Kingdom have reached a deal that will replace the Section 232 tariffs applied to US imports of steel and aluminium products from that country with a quota system, the US Department of Commerce announced on Tuesday March 22
The benchmark aluminium premium in the United States fell from its all-time high amid reported discounting, after having broken a series of records in six of the past seven assessments, sources told Fastmarkets on Friday, March 18
The European aluminium industry fretted over the availability of Russian material the last time sanctions were applied in 2018, but with premiums already pushing to near all-time highs following Russia’s invasion of Ukraine, it’s clear the market’s reaction is very different this time around.
Tight availability of primary aluminium in Europe continues to push premiums higher, with Fastmarkets’ duty paid Rotterdam premium hitting a fresh all-time high
Primary foundry alloy (PFA) premiums reached new all-time highs in both Europe and the United States in the month to Monday March 14, following increased supply concerns in both regions related to the Russian invasion of Ukraine
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