As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
A cut in US tariffs on Canadian aluminium alone is unlikely to bring down the elevated Midwest aluminium premium significantly, according to Alcoa CFO Molly Beerman, as the US still relies on imports from other countries to cover a structural supply gap. Speaking at the Jefferies Global Industrials...
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Vedanta’s stock has entered a strong momentum zone. The global metal producer hit a new high of INR 542 (USD 6.03) on the BSE on Thursday, December 4, rising 2 per cent in intra-day trade. The stock has now rallied 10 per cent in eight sessions, reflecting a notable shift in investor sentiment....
In recent years, Chinese aluminium companies have shown growing interest in expanding their footprint overseas, with several companies already operating plants, or planning to invest, in resource-rich countries such as Indonesia, Guinea, and Kazakhstan, Mo noted. This "going global" strategy is...
Topglass has completed its largest aluminium-based project in the Northern Regional College (NRC) Ballymena Campus. The project includes the installation of aluminium windows, doors, and curtain walling within the campus building. This project was delivered by Toplass in association with Heron...
The Tasmanian Government has moved to stabilise the immediate future of Bell Bay Aluminium (BBA) by extending its power agreement with Hydro Tasmania, Australia’s top renewable generator, for one year. The agreement protects more than 550 jobs and ensures uninterrupted operations while the state...
The European Aluminium Foil Association (EAFA) is joining hands with Flexible Packaging Europe (FPE) to set up a European alliance aimed at one particular objective. This objective is to boost the recycling efficiency for small aluminium packaging, like coffee capsules. With this partnership and...
On Wednesday, December 3, CLSA renewed its outperform rating on Hindalco and lifted the target price to INR 965 ( USD 11.63) per share following a round of investor interactions. The brokerage firm said the conversations pointed to growing confidence in the company’s earnings outlook and in the...
With the stocks coming under intense pressure and sellers crowding the market without a single buyer, Global Aluminium is going through a turbulent time. No buyers for an extended phase have pushed the stock into three straight sessions of losses, causing concerns if this slide is the outcome of...
Across the Gulf, the primary aluminium and alumina sector has been moving at a noticeably different pace this year. Aluminium output across the Gulf Cooperation Council (GCC) has been edging lower through 2025, a trend that becomes clear once the latest numbers are lined up against last year’s. In...
This week, with the tender price for aluminium fluoride set by a leading downstream enterprise, the market received guidance, and overall prices rose. As of now, SMM aluminium fluoride prices closed at RMB 10,200-10,500 per tonne, and SMM cryolite was quoted at RMB 7,400-9,000 per tonne. Raw...
On December 4, the London Metal Exchange (LME) aluminium price showed no change from the previous day’s close. On the other hand, 3-month prices rose slightly with a decline in the future contracts, but the openning stock and cancelled warrants dipped, but the live warrants held firm. The LME cash...
East Coast Canning is preparing to roll out a new resealable aluminium can format in Australia and New Zealand after signing a partnership with Swedish packaging innovator Meadow. The deal will see the Australian company act as the regional gateway for the company’s MEADOW KAPSUL system, taking the...
Vedanta Limited (VEDL), through its subsidiary, ESL Steel (ESL), is to raise INR 2 billion (USD 223 million) by using 10 to 12 per cent non-convertible debentures. The raise must meet its funding obligations of Vedanta Resources Limited (VRL) of USD 206 million to Konkola Copper Mines (KCM) by the...
With the US imposing tariff rules at the beginning of 2025, India’s exporters face a hit in shipment volumes. Statistics by the Global Trade Research Initiative (GTRI) reveal India’s sales to the United States dropped by 28.5 per cent between May and October, following the implementation of...
On Monday, December 2, the US Commerce Secretary Howard Lutnick confirmed that South Korea’s plea to reduce import tariffs from 25 per cent to 15 per cent has been accepted, retroactive to November 1. These tariffs include the duties levied on autos. This has been done as South Korea introduced a...
Futures: During the night session on December 3, the most-traded SHFE aluminium contract 2601 opened at RMB 21,935 per tonne, reached a high of RMB 22,055 per tonne, touched a low of RMB 21,930 per tonne, and finally closed at RMB 22,010 per tonne, up RMB 70 per tonne or 0.32 per cent from the...
China, which has been the long-standing dominator of rare earths and its supply chain, imposed strict restrictions on rare earth exports on October 8. Many dependents on China’s rare earth, including the US and the EU, faced impacts, but later on, managed to strike a year-long truce. Beside China,...
Henan province, a major aluminium and alumina producing hub in Central China, is stepping up efforts in systematically tackling the difficulties in the comprehensive utilisation of solid waste from alumina production in order to foster sustainable development for its alumina industry, Mysteel has...
Constellium announces the start-up of aluminium finishing lines at its Singen plant in Germany. This groundbreaking achievement in partnership with Lotte Infracell. The production of cutting-edge lines in a safe and sustainable environment is the result of the investment of EUR 30 million,...
