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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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European aluminium billet premiums have fallen from recent record highs following a surge of imports, resulting in an oversupplied market at a time when demand from the automotive sector has weakened, participants told Fastmarkets
Some alumina refineries in China were finding it difficult to make profits in the face of higher production costs and falling alumina prices, raising the risk of production cuts in the future, Fastmarkets heard on Thursday June 9
Dwindling demand and differing supply situations between regions pressured aluminium billet premiums down or kept them unchanged across the world on Wednesday June 1, with clear bearishness slowly taking over global markets
China’s alumina exports to Russia surged in April amid stronger demand from the latter due to international trade sanctions imposed on it following its invasion of Ukraine
Brazilian foreign trade chamber Camex has decided to cut import duties by an additional 10% until the end of 2023 after having already reduced tariffs by 10% in November 2021, according to a document published in the country’s official gazette on Tuesday May 24
Availability and the costs of trucking are now starting to significantly impact the flow of material in continental Europe, putting pressures on supply chains and keeping base metals premiums elevated, participants have told Fastmarkets
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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