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US industrial policy needs to be systematic, not just ad hoc – Part 1
Primary AL09 SEPT 2026

US industrial policy needs to be systematic, not just ad hoc – Part 1

Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 1 After decades during which the very concept was taboo and the reality swept under the rug, the US has now rediscovered industrial policy. But this rediscovery remains incomplete, as too much of it is...

Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Primary AL09 SEPT 2026

Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets

Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...

China’s 45Mt aluminium cap pushes producers overseas as global dominance grows
Primary AL09 SEPT 2026

China’s 45Mt aluminium cap pushes producers overseas as global dominance grows

China’s aluminium industry is running close to its limits in 2026. As Shanghai aluminium prices near a three-month high, historically low raw material costs and strong smelter margins encourage producers to operate at maximum capacity. National aluminium output remains above Beijing’s...

September peak season destocking supports aluminium prices, macro risks still warrant vigilance
Primary AL09 SEPT 2026

September peak season destocking supports aluminium prices, macro risks still warrant vigilance

Futures: The most-traded SHFE aluminium contract opened at RMB 24,470 per tonne in the night session on September 8, reached a high of RMB 24,660 per tonne and a low of RMB 24,420 per tonne, and closed at RMB 24,645 per tonne, up RMB 185 per tonne or 0.76 per cent from the previous close. Futures...

LME aluminium price chart rises further to $3,325/t; stocks remain stable
Primary AL09 SEPT 2026

LME aluminium price chart rises further to $3,325/t; stocks remain stable

The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...

China aluminium exports jump 17.2% Y-o-Y in August as overseas shipments remain strong
Primary AL08 SEPT 2026

China aluminium exports jump 17.2% Y-o-Y in August as overseas shipments remain strong

China exported 626,000 tonnes of unwrought aluminium and aluminium products in August, with shipments up 17.2 per cent year on year despite a 2.6 per cent monthly decline. China's aluminium exports remained firmly above year-earlier levels in August, highlighting continued strength in overseas...

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