Odisha Chief Minister Mohan Charan Majhi visited Emirates Global Aluminium’s (EGA) Jebel Ali site in Dubai, highlighting the strategic importance of the NALCO–EGA technology licensing partnership in strengthening Odisha’s aluminium industry. During the visit, Majhi emphasised how the collaboration...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,310 per tonne in the night session on September 10, reached a high of RMB 24,310 per tonne and a low of RMB 24,075 per tonne, and closed at RMB 24,125 per tonne, down RMB 365 per tonne or 1.49 per cent from the previous close....
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The global aluminium industry is currently grappling with significant challenges owing to the recently imposed tariffs on aluminium and steel by the United States. While the entire value chain is affected, it is the primary aluminium sector that is most shaken by the fluctuating nature of these...
On Wednesday, March 12, Donald Trump's global tariffs on aluminium and steel took effect. Nearly all the United States' trade allies have faced a 25 per cent tariff on aluminium exports, except China. It is the only country whose aluminium and steel products are subject to higher tariffs, with a...
War-ridden Ukraine and Russia have faced multi-disciplinary trade and economic losses for the past decade. The war, which escalated dramatically in 2022 with Russia’s invasion of Ukraine, has left both nations grappling with shattered economies. Russia has been heavily sanctioned by the European...
Futures Market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,945 per tonne, hitting a high of RMB 21,035 per tonne and a low of RMB 20,875 per tonne, before closing at RMB 21,020 per tonne, up RMB 35 per tonne or 0.17 per cent. On Thursday, LME aluminium opened at USD...
The Middle East aluminium industry has witnessed unprecedented growth, transforming the region into a powerhouse of production, innovation, and sustainability. As the global landscape shifts towards decarbonisation, efficiency, and value-added manufacturing, industry leaders are seeking insights...
Aluminum Association President & CEO Charles Johnson issued the following statement in response to increased Section 232 tariffs of 25% for most aluminium imports: “The aluminium industry supports tariff-free access for Canadian aluminium in the tariffs implemented today. We appreciate President...
Futures Market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 21,060 per tonne, hitting a high of RMB 21,100 per tonne and a low of RMB 20,945 per tonne, and closed at RMB 20,970 per tonne, up RMB 5 per tonne or 0.02 per cent. On Wednesday, LME aluminium opened at USD 2,704...
The US steel and aluminium tariff has come into effect from March 12, and in response to it, the European Commission has launched immediate countermeasures on US imports into the European Union (EU). In a decisive retaliation against the US steel and aluminium tariffs, the European Commission has...
The 13 th International Bauxite, Alumina & Aluminium Conference & Exhibition (IBAAS-IMMT-IIM 2025) is set to take place during October 8-10, 2025, in Bhubaneswar, India. In association with the Institute of Minerals and Materials Technology (CSIR-IMMT) and the Indian Institute of Metals (IIM),...
A couple of days after implementing the 25 per cent tariff on all aluminium and steel imports, US President Donald Trump exempted neighbouring nations Canada and Mexico from tariffs, but only for commodities included in the trade agreement of 2019 — the United States-Mexico-Canada Agreement...
Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, revealed its financial and operational results for 2024, showcasing increased revenue and Adjusted EBITDA, driven by higher alumina and hot metal production, cost optimisation, and increased share of value-added...
Futures Market: Overnight, the most-traded SHFE aluminium 2504 contract opened at RMB 20,880 per tonne, hitting a high of RMB 20,910 per tonne and a low of RMB 20,810 per tonne, before closing at RMB 20,830 per tonne, up RMB 75 per tonne or 0.36 per cent. On Tuesday, LME aluminium opened at USD...
The aluminium trade scammer involved in the metal inventory fraudulence in China that havocked more than USD 1 billion in losses nationwide businesses has been sentenced to life imprisonment by a judicial court in the eastern province of Zhejiang. Image for representational purposes only Chen Xi,...
US President Donald Trump is keeping the global aluminium market on edge for sure with his eccentric decisions on tariffs. For the first time in history, a single day saw both the announcement and the reversal of tariffs. On Tuesday, March 11, the President announced his plan to double tariffs on...
The Aluminium Federation (ALFED) has today raised serious concerns about the incoming 25 per cent tariffs on aluminium imports into the US, set to take effect on 12th March 2025. Image Source: ALFED Following extensive discussions with the UK Department for Business and Trade (DBT) and Sarah Jones...
Good news is on the horizon for China's domestic aluminium smelters, as they are poised to see higher profits due to two contrasting sequences – 1) a drop in alumina prices and 2) an increase in primary aluminium prices driven by increased demand in the solar energy and automobile sectors....
Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,905 per tonne, with a high of RMB 20,925 per tonne, a low of RMB 20,615 per tonne, and closed at RMB 20,845 per tonne, down 0.12 per cent. Trading volume was 17 lots, and open interest was 172,000 lots. SMM Comments: On the macro...
Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, depends on uninterrupted plant operations to maintain around-the-clock metal production. To enhance operational efficiency and safeguard continuous performance, EGA implemented a hybrid cloud strategy powered by...
