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Domestic and international aluminium prices weakened in tandem, and weak macro dragged down the pre-holiday market
01 May 20264MINS
Primary AL
SMM April 30: Macro perspective: Internationally, on April 26, Iranian Islamic Parliament Vice Speaker Nikzad stated that Iran's Supreme Leader Mojtaba Khamenei had issued a clear order that the Strait of Hormuz must not return to its pre-war status. The US Fed maintained interest rates unchanged ...
World Bank’s 21.6% aluminium price forecast faces upward pressure amid tight market
01 May 20267MINS
Primary AL
An increase of 21.6 per cent in the aluminium price this year has been observed by the World Bank, in comparison to the previous year. The observation comes after the industry is currently grappling with tight supply, low inventory and a strong demand coming from the emerging industries. The proje ...

01 May 20262MINS
Primary AL
The final day of April witnessed a dip in the London Metal Exchange (LME) aluminium prices after remaining above USD 3,600 per tonne in the previous session. The close of the April 30 session recorded a decline in the aluminium prices, contracts, as well as stocks. To know the long-term upstream ...
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