Industry News

Aluminium nears USD 2,903/t on LME — signs of a stronger market ahead

Views : 3
Update time : 2025-11-04 15:29:55
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, where cash, 3-month contract, and forward contract also rose significantly. However, a slight decline has been seen in the opening stock & cancelled warrants. 

LME cash bid grew by USD 17.5 per tonne or 0.60 per cent to finally settle at USD 2,902 per tonne, up from USD 2,884.5 per tonne. Concurrently, the LME cash offer settlement also widened by USD 18 per tonne or 0.62 per cent and is at USD 2,903 per tonne, up from USD 2,885 per tonne. 

The three-month contract also firmed, with the bid rising by USD 26.5 per tonne or 1.21 per cent to USD 2,906.5 per tonne and the offer up by USD 25 per tonne or 1.26 per cent to USD 2,907 per tonne.

Related News
Read More >>
Mexico & US make 90% progress in tariff negotiations, while steel and aluminum issues remain to be concluded Mexico & US make 90% progress in tariff negotiations, while steel and aluminum issues remain to be concluded
Nov .04.2025
Mexico & US make 90% progress in tariff negotiations, while steel and aluminum issues remain to be concluded
Outokumpu’s stainless steel sales up in Jan-Sep period Outokumpu’s stainless steel sales up in Jan-Sep period
Nov .04.2025
Outokumpu’s stainless steel sales up in Jan-Sep period
India’s steel players criticize relaxed import curbs on stainless steel India’s steel players criticize relaxed import curbs on stainless steel
Nov .04.2025
India’s steel players criticize relaxed import curbs on stainless steel
Tomago Aluminium starts employee consultation on potential 2028 closure Tomago Aluminium starts employee consultation on potential 2028 closure
Nov .04.2025
Tomago Aluminium starts employee consultation on potential 2028 closure