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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During the January cycle (January 7 to February 7), SMM prebaked anode prices continued their upward trend. The February 2025 procurement benchmark price of a certain aluminium smelter in Shandong was RMB 4,110 per tonne, up 2.11 per cent M-o-M. According to SMM, February prebaked anode export...
Australian Prime Minister Anthony Albanese has scheduled a call with U.S. President Donald Trump to advocate for Australia’s exemption from the newly imposed 25 per cent tariffs on steel and aluminium. The announcement of these tariffs triggered a sharp market reaction, wiping *$15 billion off the...
US President Donald Trump intends to impose 25 per cent tariffs on all aluminium and steel imports. While speaking to reporters on Air Force One, Trump said he would apply tariffs on metals imported from all countries, without sharing the timeline when duties would take effect. Image soure:...
Japan’s aluminium industry in 2024 has been a tale of two contrasting trends—rising primary aluminium imports but weakening domestic demand. While imports grew by 1.9 per cent to 1.05 million tonnes, domestic consumption continued to decline, especially in key sectors such as construction and...
According to customs data, in December 2024, China's imports of unwrought aluminium alloy reached 105,600 tonnes, down 6.5 per cent Y-o-Y and up 3.6 per cent M-o-M. From January to December 2024, cumulative imports totaled 1.2131 million tonnes, up 7.1 per cent Y-o-Y. In December 2024, exports of...
South Africa has officially endorsed coal as a critical mineral due to its substantial economic impact and strategic importance, according to Minister of Minerals and Petroleum Resources Gwede Mantashe. Speaking in Cape Town, Mantashe highlighted the completion of a study on critical minerals,...
NALCO, one of India's leading mining and metals companies, raised the prices of its primary aluminium ingots (P1020, 99.7 per cent) by INR 6,700/t ($76/t) on February 7, 2025. Current prices are at INR 271,600/t ($3,141/t) compared to INR 264,900/t ($3,029/t) on January 24, 2025. Prices are...
The Science and Technology Department of the Ministry of Industry and Information Technology recently released a public approval list of laboratories for quality control and technical evaluation of industrial products. Out of all applicants, only 200 laboratories in China successfully passed the...
The Middle East has long been a powerhouse in the global aluminium industry, with its strategic location, abundant energy resources, and advanced technological infrastructure. As the world shifts towards sustainable production and decarbonisation, the region is embracing a new era of low-carbon...
In a recent development, President Donald Trump announced a one-month suspension of 25 per cent tariffs on Canadian and Mexican aluminium imports just days after announcing their imposition. The temporary pause, which extends until March 1, 2025, signals potential renegotiations over trade concerns...
All eyes have been on the primary aluminium industry ever since Donald Trump directed his administration to impose tariffs on Canada, Mexico, and China. Where will the United States source its downstream aluminium raw materials, and where will Canada redirect its primary metal? Trump's tariff...
Fifteen light metals-related symposia. Four invited keynotes by industry leaders. Three supplier technology sessions. Short courses led by expert instructors. One highly respected proceedings volume. These light metals programming highlights make the TMS 2025 Annual Meeting & Exhibition (TMS2025) a...
This week's hot topic: Production cuts or shutdowns in the aluminium processing industry during the Chinese New Year holiday; composite PMI falls below the 50 mark Forecast for next week: Fundamentals remain bearish, macro front lacks highlights; aluminium prices face resistance in the short term...
Karoline Leavitt, Press Secretary, White House, publicly declared on Friday, January 31, in a news briefing that the US would begin imposing 25 per cent tariffs on goods imported from Canada and Mexico and a 10 per cent tariff on imports from China starting February 01. Whereas just ahead of...
Here's an update about the share purchase and subscription agreement signed between Alcoa and Ma'aden on September 15, 2024. On February 4, 2025, the General Authority of Competition (GAC) approved Ma'aden to acquire Alcoa's 25.1 per cent ownership in Ma'aden Aluminium Company (MAC) and Ma'aden...
Aluminium is set to be the standout performer among London Metal Exchange (LME) base metals in 2025, with analysts predicting a supply shortfall this year that could drive prices higher. According to the latest Reuters January base metals poll, analysts expect zinc, copper, and tin to see higher...
European Union’s sanction against Russia has unfolded numerous speculations about future trade scope among countries and continents. The EU’s proposal states a one-year phase-in period, with 275,000 tonnes exempted during this transition. This would mean a further decline in the import of Russian...
Futures Market: SHFE aluminium was closed overnight due to the Chinese New Year holiday. On Tuesday, February 4, 2025, LME aluminium opened at US$2,622 per tonne, reached a high of US$2,644.5 per tonne, a low of US$2,611 per tonne, and closed at US$2,629 per tonne, up US$8.5 per tonne or 0.32 per...
