Aluminium prices pinned at four-year low

Aluminium prices pinned at four-year low

Aluminium fell for a fourth straight session as China factory activity showed minimal growth in March, adding to concerns about falling metals demand and a ballooning supply glut as the coronavirus outbreak spreads further. Benchmark aluminium on the London Metal...
Aluminium prices pinned at four-year low

Aluminium prices hit four-year low

Industrial metals prices fell sharply on Wednesday after data showed global factory output shrinking fast, with expectations of a vast supply surplus pushing aluminium below $1,500 a tonne for the first time since 2016. Benchmark aluminium on the London Metal Exchange...
Aluminium prices pinned at four-year low

Aluminium prices hit four-year lows

Aluminium prices hit four-year lows as worries about prolonged shutdowns around the world due to the coronavirus reinforced fears of a deep recession and tumbling demand for industrial metals. Benchmark aluminium on the London Metal Exchange was down 1.1 per cent at...
Aluminium prices pinned at four-year low

Copper steadies near four-year lows

Copper prices stabilised close to four-year lows as disruption to supply caused by shutdowns of mines and shipping routes began to offset the huge hit to demand from the coronavirus outbreak. Benchmark copper was down 0.2 per cent at $US4,795 a tonne on Friday,...