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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 London Metal Exchange has decided not to ban or otherwise change how it deals with Russian metal, the exchange said on Friday November 11
The United States Department of Commerce revoked Russia’s market economy status on Thursday, November 10, which is likely to lead to higher duties on aluminium imported from Russia and could potentially boost US aluminium premiums, sources told Fastmarkets
Aluminium premiums in Europe and Japan continued to move lower in the week to Tuesday November 8, under pressure from weak consumer demand, while premiums in the United States bucked the downtrend for a second week despite uncertainty over the midterm elections there
Industry association European Aluminium has warned of the negative impact of including indirect emissions in the European Union’s Carbon Border Adjustment Mechanism (CBAM)
Imports of aluminium scrap into the United States fell by 9.61% month on month in September, with decreases recorded in all import categories, according to the latest data from the US Department of Commerce
Demand for low-carbon aluminium, steel and copper is expected to grow by 2030, consultancy firm McKinsey said in a report published on Friday, October 28
Keep up with critical developments affecting the aluminium and base metals markets by visiting our dedicated market, forecast and price pages
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