Prices for aluminium ingot moved higher in early April as firm industrial demand and geopolitical supply concerns supported a stronger market tone. Early March saw a sharp rise driven by worries over prompt availability, and although delayed cargoes later eased pressure, buyers entered April with a more cautious approach. Robust consumption from automotive and manufacturing sectors continued to underpin pricing, even as steady import flows and midstream inventories kept some participants hesitant. Overall, the balance between resilient downstream demand and adequate near-term supply created a volatile but upward-leaning trend for aluminium ingot heading into April.
Demand strength was concentrated in automotive and general manufacturing, with EV body-sheet and auto-component makers particularly active, while urban construction and beverage-can producers added steady support. Market participants noted that the March benchmark for aluminium ingot (**.**) CFR Alabama Port reached $*,***.**/MT, up from $*,***.**/MT, according to ChemAnalyst data....
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