Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
1. Macro perspective The US-Iran conflict escalated sharply. On September 9, Iran's Revolutionary Guard struck multiple oil tankers and merchant vessels in the Strait of Hormuz, causing a significant drop in strait traffic. Brent crude broke through USD 100 per bbl, closing at USD 101.21, while WTI...
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中文翻译附于新闻末尾，敬请继续阅读。 Since the onset of US-Israel and Iran conflict, the aluminium prices on the London Metal Exchange have surged without a hint of slowing down. At present, the price stands at USD 3,385 per tonne (as of March 6), gaining 4.9 per cent since February 28 (USD 3,226 per tonne), and...
Nigeria is considering enhancing industrial collaborations with the European Union to advance the development of its aluminium, mineral and steel industries through investment, technology transfer and infrastructure reinforcement. Nigeria’s Minister of Steel Development, Prince Shuaibu Abubakar...
Apple Inc. recently introduced MacBook Neo, a laptop developed to provide the Mac computing experience at a comparatively lower price. Through this release, the company seeks to extend its hardware and software ecosystem to a wider group of users around the world. The starting price is INR 69,900...
Bharat Electricity Summit 2026, a global conference-cum-exhibition for the power and electricity sector, will be held from 19-22 March 2026 at Yashobhoomi, New Delhi. A formal announcement to this effect was made today by Shri Manohar Lal, Union Minister of Power and Housing & Urban Affairs at New...
Over eight trading sessions, the shares of National Aluminium Company Limited (NALCO) rallied nearly 18 per cent, backed by rising global aluminium prices triggered by supply disruptions in West Asia. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook...
Marking International Women’s Day, Vedanta Group has raised its ambition to achieve 35 per cent women representation across all levels of the organisation , while launching #HerAtTheCore , a nationwide campaign and LinkedIn-led hiring drive inviting women to build careers across mining, metals, oil...
Chinalco Southwest Aluminum (Group) Co., Ltd. (SWA) has awarded SMS group the contract to supply a two-stand tandem cold rolling mill (TCM), which will be installed at SWA’s new facility near Xipeng, China. Explore- Most accurate data to drive business decisions with Global ALuminium Industry...
A flurry of changes in the aluminium downstream and end-use sectors has been witnessed in the last week, highlighting new supply strategies, fresh investments and shifting market dynamics. The sectors witnessed everything, starting from discussions about sourcing in aerospace and trends in material...
On the run-up to International Women’s Day 2026, Vedanta Aluminium, India’s largest aluminium producer, has launched #TarakkiKiTaiyaari’ , a campaign underscoring that true national progress rests on inclusive participation . The initiative brings together thought leaders like Kiran Bedi and Padma...
Molson Coors Beverage Company has unveiled plans to close down Sharp’s Brewery in Rock, Cornwall, and its national contact centre in Cardiff by the end of 2026 as part of a restructuring strategy at UK and Ireland operations. For the global aluminium value-chain 2026 outlook, book our exclusive...
A significant production landmark has been reached at the aluminium foundry operated by Trimet Aluminium in Essen, Germany. On March 5, the facility recorded the casting of its ten-millionth tonne of aluminium, marking a major achievement for the site since it first began operations in 1971. The...
According to SMM statistics, as of March 5, aluminium billet inventory in China’s major domestic consumption hubs totalled 398,000 tonnes. Inventory first increased and then declined, still hovering around 400,000 tonnes. Across the major consumption hubs, regional divergence persisted. Foshan...
Alcoa and the Washington State Department of Ecology are currently expecting public feedback on the cleanup of the Intalco aluminium smelter located in Ferndale, Washington. Alcoa has started demolishing the large smelter facility, marking the end of any possibility of restarting aluminium...
The closure of the Strait of Hormuz has been causing concerns for primary aluminium supply around the world. At the same time, it is also raising questions about the supply of raw materials to the Middle East, a region heavily dependent on imported primary aluminium raw materials, many of which...
SMM Morning Meeting Minutes: Futures: In the night session on March 5, the most-traded SHFE aluminium 2604 contract opened at RMB 24,640 per tonne, hit an intraday high of RMB 24,830 per tonne and a low of RMB 24,280 per tonne, and finally closed at RMB 24,435 per tonne, down RMB 380 per tonne from...
A Supervisory Board meeting of the primary aluminium, secondary aluminium and cast and rolled products manufacturer and supplier, AMAG Austria Metall AG, held on March 5, 2026, brought about the announcement of a leadership transition. AMAG confirmed that the current Chief Executive Officer (CEO),...
Shares of Hindalco Industries rose sharply by about 7 per cent on Thursday, March 5, 2026. The rise occurred as global aluminium prices went up due to supply disruptions in the Middle East. Because of this increase, Hindalco became one of the best-performing stocks in the Nifty 50 and the Nifty...
The escalating Iran-Israel conflict and growing uncertainty around the Strait of Hormuz are casting a shadow over the global supply chain. Aluminium markets were jolted after Aluminium Bahrain (Alba) declared force majeure on certain supply contracts, citing shipping disruptions through the Strait...
