Industry News

LME aluminium declines by $45.5/t; 3-month Asian Reference Price loses $34/t

Views : 65
Update time : 2025-09-18 16:07:46
Following a growth the previous day, the London Metal Exchange (LME) aluminium prices on Wednesday, September 17, went down the graph by USD 46 per tonne or 1.68 per cent and USD 45.5 per tonne or 1.66 per cent.

Both the cash bid price and official settlement price closed at USD 2,690 per tonne and USD 2,691 per tonne from USD 2,736 per tonne and USD 2,736.5 per tonne. One of the reasons for the drop can be attributed to lacklustre trade in base metals.

On the same day, both 3-month bid price and 3-month offer price also lost USD 34 per tonne or 1.25 per cent to clock at USD 2,683 per tonne and USD 2,683.5 per tonne.

December 26 bid price and December 26 offer price climbed down the graph by USD 23 per tonne or 0.83 per cent to halt at USD 2,717 per tonne and USD 2,722 per tonne.

Related News
Read More >>
Thyssenkrupp to temporarily halt electrical steel production in Europe Thyssenkrupp to temporarily halt electrical steel production in Europe
Dec .15.2025
Thyssenkrupp to temporarily halt electrical steel production in Europe
Novelis invests EUR 43 million in rail logistics to achieve CO₂e reduction Novelis invests EUR 43 million in rail logistics to achieve CO₂e reduction
Dec .15.2025
Novelis invests EUR 43 million in rail logistics to achieve CO₂e reduction
China to implement export licensing system for various steel products from 2026 China to implement export licensing system for various steel products from 2026
Dec .15.2025
China to implement export licensing system for various steel products from 2026
POSCO introduces new wear-resistant steel DuraPOS™ POSCO introduces new wear-resistant steel DuraPOS™
Dec .15.2025
POSCO introduces new wear-resistant steel DuraPOS™