Primary aluminium weekly: Joe Biden’s spiked tariff strategy for China; Alba's presents mixed Q1 2024 results amid economic challenges

In a series of pivotal moves, the aluminium industry has witnessed significant developments, from tariff impositions by the United States to technological advancements by major global players. President Joe Biden's decision to increase tariffs on Chinese imports, Alba's financial results amid fluctuating LME prices, Hong Leong Investment Bank's optimistic forecasts for Press Metal, RUSAL's AI integration, and EGA's digital manufacturing initiative collectively signal a dynamic shift towards sustainability, innovation, and fair trade practices.

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Hindalco’s latest price hike brings its aluminium ingot price to INR248500/t
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