Industry News

LME aluminum inventory in Gwangyang surges on Tue

Views : 144
Update time : 2023-05-24 17:33:51
The inventory of aluminum in the London Metal Exchange (LME)’s Gwangyang warehouses soared by 20,875 tons on Tuesday, making the aluminum inventory in all global LME-registered warehouses amount to 575,875 tons. The aluminum stock in Gwangyang warehouses has increased obviously in recent months.

Warehouses in Gwangyang are a major place for aluminum storage, accounting for 41% of LME’s total inventories. The aluminum inventory at this location has risen by 38% since March 1 this year.
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