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Aluminium grabs the headlines, but the LME alumina price trend quietly rewrites margins, economics and supply risk
28 Jul 20269MINS
Alumina
Aluminium prices command the market's attention because they determine the value of the finished metal that carmakers, packaging manufacturers and construction firms ultimately buy. Yet one step up the supply chain, a quieter benchmark has spent the past three years doing something aluminium rarely does: moving on its own terms. Alumina, the intermediate product refined from bauxite and smelted into primary aluminium, surged past USD 800 per tonne in late 2024, lost more than half its value w ...
Is India ready to unlock the full potential of non-ferrous metal recycling?
26 Jul 20268MINS
SupplementAL
India accelerates transition toward circular non-ferrous economy Duty reform targets downstream manufacturing competitiveness India’s non-ferrous metals sector covering aluminium, copper, zinc, and lead is at a defining moment. As the country advances toward its Viksit Bharat 2047 vision, recycling is emerging as a critical pillar for supply security, cost efficiency, resource efficiency, and decarbonisation. While policy momentum is strengthening, structural gaps across scrap visibility, in ...

25 Jul 20267MINS
Downstream
The US Federal Reserve has kept the interest rates unchanged, keeping the benchmark federal funds rate at 3.50-3.75 per cent for the fourth consecutive meeting. The decision, approved unanimously in a 12-0 vote by the Federal Open Market Committee (FOMC), was widely expected by financial markets and keeps the benchmark rate at its lowest level since November 2022. At first glance, the decision appears to be a routine policy hold. But for the aluminium industry, it offers a clearer picture o ...
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