Aluminum prices continued to decline, approaching a six-year low, driven by fears of the devaluation of the Chinese yuan. The export price of the metal has become cheaper this week, increasing the global surplus.
On the London Metal Exchange, within three months, the price of aluminum fell by 0.9 percent, reaching $ 1,574 per ton. On Wednesday, metal used to make beverage cans and aircraft retreated to $ 1,553.50 a tonne, the lowest price since July 9, 2009.
Prices fell to their lowest since 2009 on Wednesday amid a slowdown in demand and increased overseas shipments from China, the world's largest metal producer. Earlier this week, Goldman Sachs Group Inc. cut its aluminum price forecast by at least 21 percent from 2016 to 2018 due to a global surplus. Aluminum shipments from China from January to July 2015 were up 28 percent year-over-year to record volumes.
+38 (097) 475-20-95
|
|
|
Subscribe to news 
Metallurgy news
- 27 December 2025
13:00 Türkiye imposes AD duty on imports of CR stainless steel sheets from China - 26 December 2025
18:00 EEC launches AD shelf life verification for seamless OCTG pipes from China 17:00 Japan's steel exports decreased by 3.8 percent in January-November 2025 17:00 Global Toyota car production Increased by 4.9 percent in January-November 2025 16:00 Turkey's base metals production capacity utilization in December 2025 from November 15:00 Turkey's construction sector confidence fell 0.5 percent in December 2025 compared to November 15:00 EU import quotas for the fourth quarter are exhausted as the end of the year approaches 15:00 China to strengthen control over new copper and alumina production projects
Publications
26.12 Keratin for hair care restoration and protection 25.12 Diode lasers from Alvi Prague 25.12 Services of the exporter of Budivelny Smith 24.12 old furniture - how to dispose of it correctly 24.12 The computer does not start, beeps or shows a black screen: diagnostics by sounds and what to fix
