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Top Stories
Vedanta reaffirms its commitment to unlock India’s hydrocarbon resources to secure energy independence
SupplementAL
  Marking Global Energy Independence Day, Vedanta reaffirmed its commitment to accelerating domestic oil and gas exploration, saying India has a historic opportunity to unlock its hydrocarbon resources and reduce its dependence on imported energy. It also reaffirmed Vedanta Oil & Gas' (BSE: 544782 | NSE: VOGL) ambition to produce 500,000 barrels of oil equivalent per day (boepd), positioning the company to play a pivotal role in India's journey towards energy security. Despite being one of t ...
Cast aluminium pulls back slightly, short-term maintains fluctuating consolidation battle
Primary AL
Futures: Overnight, the most-traded aluminium alloy 2609 contract closed at 22,830, down 135 from the previous period, a decline of 0.59 per cent. Trading volume was 3,301, up 71 M-o-M, and open interest was 19,216, up 129 M-o-M. The current WR indicator at -38.96 is in the mid-range and has not entered an extreme overbought/oversold zone; there is no particularly strong short-term reversal signal, and consolidation-driven trading is prominent. Open interest rose in tandem; bullish-bearish div ...

Recycled AL
Europe remained a major supplier of aluminium scrap to the global market during the first quarter of 2026. Although discussions on retaining more scrap within the region continued, export volumes remained much higher than imports. Demand from overseas secondary aluminium producers, together with Europe's well-developed recycling industry, kept scrap moving out of the region throughout the quarter. Eurostat data (HS/CN 7602) show that the EU-27 imported 168,346 tonnes of aluminium waste and sc ...
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KAS Group bolsters leadership as India’s semiconductor ecosystem gains momentum
SupplementAL
13 Jul 2026
Riding the momentum of India's rapidly expanding semiconductor manufacturing ecosystem, KAS Group, one of India's leading engineering conglomerates enabling semiconductor, electronics and advanced manufacturing industries, today announced the appointment of Vijayakumar Gobbaka as General Manager – Business Development. The appointment comes as the Group expands its semiconductor infrastructure capabilities, strengthens engagements with leading global semiconductor equipment manufacturers and O ...
Joint TOYOCHEM-Asahi can coating technology honoured at 2026 National Invention Awards
End User
13 Jul 2026
TOYOCHEM has announced that a can coating technology developed jointly with Asahi Breweries has received the Invention Award at the 2026 National Invention Awards. The technology is used in Asahi's "Draft Beer Can" ("Nama Jokki Kan"). Two TOYOCHEM engineers who worked on the project attended the award ceremony held on June 15, 2026, at The Okura Tokyo. Interior coatings are widely used in beverage and food cans to prevent corrosion and stop metal ions from coming into contact with the content ...
2026 China aluminium extrusion industry semi-annual summary and outlook
Downstream
13 Jul 2026
In the first half of 2026, China's aluminium extrusion industry presented an extreme pattern of structural divergence. Traditional construction extrusion demand remained persistently weak, dragging down the industry’s overall operating load, while industrial extrusion maintained high prosperity, underpinned by new energy, power, and heat dissipation sectors, serving as the core pillar of the industry. Meanwhile, linked volatility in aluminium prices intensified both in and outside China, with ...
WEEKLY: Alumina price stabilisation attempts amid rising supply and softening futures
Alumina
13 Jul 2026
From July 6-10, 2026, domestic spot alumina prices gradually stabilised with narrow fluctuations. As of July 10, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,762 per tonne, down RMB 14 per tonne from a week earlier, according to Mysteel's price assessment.  Alumina prices softened further over the week, weighed down by a retreat in futures prices, rising supply from new and restarted capacity in the south, and increas ...
Aditya Birla Group plans a $1.26B investment to triple the capacity of its alumina refinery in Odisha
Alumina
13 Jul 2026
India's Aditya Birla Group has proposed an additional investment of USD 1.26 billion to expand the capacity of its Kansariguda alumina refinery in Odisha to 3 million tonnes per annum, according to the Odisha government. The expansion will be executed by the group's aluminium company, Hindalco Industries. With the additional investment, the total proposed investment in the refinery will increase to about USD 2.1 billion. The project is intended to increase the refinery's alumina production ca ...
LME aluminium cash offer price falls 0.25% on July 10 as opening stocks decline to 289,225t
Primary AL
13 Jul 2026
LME aluminium prices moved lower across cash, three-month and forward contracts on July 10, with the three-month segment recording the sharpest decline of up to 0.50 per cent. The LME aluminium cash bid price stood at USD 3,155.5 per tonne on July 10, down USD 7.5 per tonne or 0.24 per cent from USD 3,163 per tonne on July 9. The cash offer price fell USD 8 per tonne or 0.25 per cent to USD 3,156 per tonne from USD 3,164 per tonne a day earlier. In the three-month segment, the bid price decl ...
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