Industry News

LME aluminium benchmark price lowers by 2% W-o-W; SHFE aluminium price sheds US$5/t today

Views : 86
Update time : 2024-01-24 20:29:58
LME aluminium opened at US$2,174 per tonne yesterday, with its high and low at US$2180 per tonne and US$2,152.5 per tonne, respectively, before closing at US$2,155 per tonne, down by US$17.5 per tonne or 0.81 per cent.
The LME aluminium official price chart on January 22 showed decreasing rates, with the LME cash bid price halting at US$2,109.50 per tonne with a slump of US$11.50 per tonne or 0.54 per cent. The LME official settlement price stopped at US$2,110 per tonne, having registered a drop of US$12 per tonne or 0.56 per cent. 
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices