On February 19, 2025, the European Union (EU) announced a fresh wave of sanctions against Russia, this time targeting aluminium imports. These measures are part of the EU’s ongoing efforts to put economic pressure on Moscow due to the ongoing war in Ukraine. What’s in the Sanctions? Besides banning Russian
The tariffs introduced by former President Donald Trump on copper and aluminium are still making waves in the U.S. economy. While these tariffs were intended to protect U.S. industries by raising the cost of imported metals, they have also led to an increase in the prices of everyday products. Items
Aluminum prices witnessed over one percent fall on Thursday, retreating from the two-month high of and tracking the pullback in base metals after US President Trump signaled tariff against China, pressuring the foreign demand outlook for metals in the world’s top aluminum producers. Still, the outlook of lower supply maintained
Aluminum price rose on Wednesday, driven by concerns over potential supply tightening in the European Union if the bloc bans Russian aluminum imports. Momentum-following funds boosted buying activity. Three-month aluminum on the London Metal Exchange (LME) rose 1.7% to $2,602.50 per metric ton by 1706 GMT, after hitting $2,607, its
President-elect Donald Trump’s proposed tariffs on imports from Canada and Mexico, set at 25%, are stirring significant concerns among analysts regarding their effects on metal prices. According to Bank of America (BofA), these tariffs could have a “nuanced impact,” leading to both direct and indirect consequences for the metals market.
Aluminum prices surged to a nearly 16-week high on Thursday, driven by optimism over stronger metalsdemand after China announced fiscal stimulus measures alongside its recent easing of monetary policyaimed at reviving its sluggish economy. Additionally, Vietnam’s decision to extend anti-dumping tariffs on certain aluminum products originatingfrom China until October 2029
Aluminum price slid to their lowest in over four months on Tuesday. The prices continued under in pressure with short positions buildup on high inventories, while market participants awaited a Federal Reserve policy meeting and U.S. data releases this week for further direction. The most-traded three month contract for aluminium
Aluminium prices fell to their lowest levels in almost four months on Monday. The prices dropped over two percent that was a biggest intraday fall after 7 june 2024, as some bullish positions were scrapped and other base metal prices declined amid concerns about demand given a lack of fresh
Most non-ferrous metals remained under pressure as a weaker yuan weakened the purchasing power of Chinese buyers, while high inventories and weak demand weighed on aluminium price. Three-month copper on the London Metal Exchange (LME) HG1! fell 1.3% to $9,773 per metric ton, while the most-traded July copper contract on
The aluminium price rose to the highest level in two years yesterday. Intraday gains were more than two percent, the highest in four months, on concerns about commodities and the recent rise in copper. Quarterly aluminium On the London Metal Exchange (LME), it rose 3.1% to $2,710.50 a tonne, touching