Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
The London Metal Exchange (LME) aluminium price reported improvements, rising above 1 per cent across the pricing segment, followed by modest gains in contracts on the September 14 close, recovering from the downward trend reported at the September 13 session . The LME aluminium cash bid and offer...
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First fire breakout and financial setback, but even after the second blaze at Novelis’ Oswego plant, Ford is not sweating the heat, but instead is doubling its 2025 profit forecast. On Friday, November 21, the motor company released a statement clarifying that the second fire breakout at the plant...
As 2025 draws to a close, the aluminium extrusion industry finds itself steadier than it started, as global usage is expected to settle at 35.25 million tonnes, just above 34.27 million tonnes in 2024, a modest 2.8 per cent increase that reflects stability in a market still navigating post-pandemic...
The United States shares a deep, long, and almost personal bond with aluminium as the metal has played a pivotal role in shaping up the nation’s manufacturing base while contributing about USD 228.31 billion to the economy. But at the same time, the industry in the US has weather many highs and...
After the energy crisis in the 1970s, Japan's aluminium industry rapidly contracted, with annual capacity shrinking from a peak of 1.5 million tonnes to less than 10,000 tonnes per year. Japan's aluminium supply relies mainly on imports, with the majority of its aluminium demand being met through...
LME aluminium prices strengthened on November 25, with the cash bid rising to USD 2,786.50 per tonne and the cash offer to USD 2,787 per tonne, up from USD 2,776 and USD 2,776.5 on November 24. This reflects a 0.38 per cent increase in both bid and offer prices day-on-day. The 3-month contract also...
Sortera Technologies Inc.,the market leading aluminium sorting company with an upcycling platform powered by artificial intelligence, data analytics and advanced sensors, today announced the close of USD 45 million in funding led by accounts advised by T. Rowe Price Associates and VXI Capital, with...
GLS Aluminium Industries Pvt Ltd has achieved ASI Performance Standard V3.1 (2023) Certification with a focus on Material Stewardship for their facility’s conversion unit, which receives rolled foil stock and undertakes production processes of further rolling, separation, slitting, annealing and...
The UK Government has published its long-awaited Vision 2035: Critical Minerals Strategy, setting out a national commitment to secure resilient supply chains, accelerate decarbonised industry, and strengthen domestic capability in materials essential to our economic and national security. This...
The SHFE aluminium December contract mainly fluctuated upward in the morning session. In east China, holders offered near the SMM average price at the opening, but with concentrated selling and ample spot supply in the market, buyers preferred discounted transactions. Actual transaction prices were...
Aluminium supplier Al Taiseer Group Talco Industrial Company (TALCO), an aluminium extrusion company in Saudi Arabia has opened a new chapter in Saudi Arabia’s aluminium sector with a preliminary agreement to acquire Eastern Aluminium Extrusion Factory. The non-binding MoU allows TALCO, an...
Chuangxin Industries, a leading integrated producer of electrolytic aluminium and alumina in China, has made a smart entrance in the Hong Kong Stock Exchange, raising HKD 5.5 billion (USD 707 million) from the sale of 500 million shares priced at HKD 10.99 (USD1.41) each. The aluminium producer’s...
Innovation has no limit, especially when it comes to aluminium; introducing new and upgraded technologies has been the heart of all the players. One such transformative system has been brought into focus, which offers aluminium production with a new vision for the final hot rolling stages. ABB, a...
Over the same ten-month period, China's alumina production reached 76.3 million tonnes, representing an 8 per cent on-year increase, data from the National Bureau of Statistics showed. Since the growth in bauxite imports outpaced that of alumina output, the figures signalled an oversupply of...
While embarking on a plan, knowing when to pull the plug at the right time has become real now. With the rising pressure from the local community and various environmental groups, Alcoa, a US-based bauxite miner, has announced its removal of areas as per its proposal in the exploration drilling...
Dilip Buildcon Limited (DBL) has moved a step closer to securing a mining assignment for NALCO’s Pottangi Bauxite Mines in Odisha after emerging as the lowest bidder. The tender covers a wide scope of mine development and operation (MDO) duties, stretching from an overland conveyor corridor and...
Nemak S.A.B de C.V has achieved ASI Chain of Custody (CoC) Standard V2 (2022) Certification for its multi-site operations covering the Nemak Dillingen, Pilsting and Wernigerode facilities in Germany, and the Nemak Linz facility in Austria. Aluminium Stewardship Initiative (ASI) today announced that...
Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO) has reported 133,483 tonnes of alumina powder production for the first seven months of the Iranian calendar year spanning, March 21–September 22. Earlier, the agency had logged 114,153 tonnes for the first half of...
Futures: On the night session of November 24, the SHFE aluminium 2601 contract opened at RMB 21,415 per tonne. After a slight dip below RMB 21,385 per tonne, prices quickly rebounded, hitting a high of RMB 21,430 per tonne, and finally closed at RMB 21,405 per tonne, up 0.12 per cent. In terms of...
