Uno Minda is set to invest around INR 14.15 billion (USD 147.51 million) across four manufacturing expansion and consolidation projects, with a major portion of the spending directed towards increasing its aluminium casting capacity in Hosur, Tamil Nadu. The automotive components maker plans to...
North America’s aluminium industry is entering a new era in 2026. As the US races to rebuild primary smelting capacity from near-zero, Canada pairs expansion with low-carbon innovation and recycling. From a USD 4 billion Oklahoma smelter to Quebec’s newly commissioned AP60 plant, here’s how each...
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Alucast, a Black Country-based aluminium casting foundry, has invested £1 million (USD 1.22 million) in new machinery and research and development. This move aims to bolster its position in the rail, aerospace and defence sectors. The company employs over 100 staff at its Wednesbury facility. The...
Futures: The most-traded cast aluminium alloy 2512 contract opened at RMB 20,460 per tonne overnight, hitting a high of RMB 20,515 per tonne and a low of RMB 20,435 per tonne, before closing at RMB 20,435 per tonne, down RMB 25 per tonne, or 0.12 per cent, from the previous close. Trading volume...
India’s bauxite trade rode a wave of highs and lows through the first half of 2025. Global demand shifts, changing tariffs, and mining hurdles at home kept exports swinging sharply from one month to the next. Even with the volatility, India’s performance between January and June (H1 2025) was far...
Nearly five years since the Covid-19 pandemic, which forced the US automakers to stop production, and now factories are hitting the same brakes once more. A shortage of domestic aluminium, restrictions on semiconductor exports and increasing tariffs are causing delays for key models, like Jeep SUVs...
Aluminium prices edged higher on the London Metal Exchange (LME) on October 21, supported by tighter stock levels and steady demand trends. The LME aluminium cash bid stood at USD 2,780 per tonne, up 0.32 per cent from the previous day’s USD 2,771, while the cash offer increased 0.29 per cent to...
With a resurgence of demand for metals in the global markets, both precious and industrial metals are drawing investment. While gold has approached record highs near USD 2,700 per ounce, silver has edged close to an all-time high, and platinum prices have surged by 80 per cent so far this year....
Ferrari writes a bold new chapter as it prepares to unveil its first fully electric car. The upcoming model is not just a significant shift for the legendary Italian marque but also a defining moment that preserves its heritage while aligning with the idea of futuristic performance. The new model...
Arafura Resources and Alcoa Corporation are going to emerge as the first organisations to benefit from a new partnership between the US and Australia. Jointly driven by both governments, the partnership aims to boost investment in projects across Western Australia and the Northern Territory that...
KTM has recently launched a new sports bike in the market named KTM 990 RC R in the sports segment of the bike within the EU and US markets. The frame of the bike is made up of a die-cast aluminium sub-frame along with a powder-coated steel trellis frame to support the main frame. The sub-frame is...
Winning International Group is a prime example of how a Singapore-based company can take advantage of the city-state’s strategic benefits to grow its operations far beyond Southeast Asia. Its Simandou mine, nestled in Guinea’s mountainous region, is poised to make a notable impact on the global...
China’s economic rise across Latin America and the Caribbean has quietly redrawn the map of global influence. What began as scattered infrastructure projects has evolved into a network of ports, energy facilities, and data hubs that increasingly serve Beijing’s strategic interests. For years,...
In September alone, primary aluminium output nationwide reached 3.8 million tonnes, rising by 1.8 per cent from the same month in 2024, the NBS data showed. This was 0.3 per cent higher than August, Mysteel Global calculated based on the NBS statistics. Improved profitability encouraged many...
Canada has announced tariff relief on specific steel and aluminium products imported from the United States and China. This move aims to support domestic industries affected by ongoing trade tensions. The decision was formalised through an amendment to the 2024 surtax remission order, effective...
Futures: The most-traded cast aluminium alloy 2512 contract opened at the day's high of RMB 20,420 per tonne overnight, hit bottom at RMB 20,315 per tonne, and finally closed at RMB 20,375 per tonne, up RMB 25 per tonne or 0.12 per cent from the previous close. Trading volume was 1,650 lots, and...
The London Metal Exchange (LME) aluminium price has been showing a fluctuating movement. After a good rise in the price, it has again decline on October 20, 2025. The LME cash bid fell by USD 18 per tonne or 0.65 per cent, down from USD 2,789 per tonne to USD 2,771 per tonne. The decline continued...
At the Financial Times’ organised Energy Transition Summit India, Vedanta Resources’ CEO Deshnee Naidoo offered a tempered but confident take on the world’s shifting energy landscape. Speaking to the Financial Times, Naidoo reflected on the complexity of the moment — a time, as she put it, when the...
Major futures prices for key non-ferrous metals – copper, nickel, and aluminium – on the Shanghai Futures Exchange (SHFE) all declined during the week of October 10–17, as macroeconomic uncertainties weighed on market sentiment. Image source: https://www.unionfab.com/ Also read: DAILY: China's...
Shandong Hontron Aluminum Industry Holding Co., Ltd. experienced a remarkable surge in its stock performance on October 15, 2025, reaching an intraday high even as the broader market faced a downturn. The company has demonstrated impressive annual growth, but it does grapple with some hurdles,...
