Futures: SHFE aluminium closed at RMB 22,530 per tonne, rebounding 1.1 per cent. Despite the positive close, prices remained under pressure below all key moving averages (MA5=22,727, MA60=23,633), with the medium-term bearish alignment intact. MACD indicator lines (DIF=-244.16, DEA=-188.68) operated below the zero axis, but the green bars narrowed significantly to -110.96 (previous day -150.62), indicating a marked weakening of bearish momentum and initial signs of a technical bottom divergence repair. Trading volume expanded to 101,500 lots, suggesting capital inflows at the bottom. The recommended core trading range for SHFE aluminium is 22,000-22,800. LME aluminium closed at USD 3,078.5 per tonne, surging 2.02 per cent. Prices rebounded strongly, reclaiming MA5 (3,061.5), MA10...
Russian-origin metal made up almost all available aluminium stocks in London Metal Exchange (LME) warehouses at the end of October (99.98 per cent), with Indian-origin aluminium accounting for the remaining 50 tonnes, according to exchange data. Total available, or on-warrant, aluminium inventories declined 4 per cent month on month to 216,950 tonnes, their lowest level since March 2025. Russian-origin stocks fell by 9,725 tonnes to 216,900 tonnes during October, but their share of available inventories remained almost unchanged. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Although Russian aluminium produced before April 13, 2024, remains...
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... Dr Singh said that government will soon examine all options to have an aluminum plant in Surguja district that has massive stocks of bauxite. Government will even consider proposals of private companies if they plan to set up a plant in the district. ....
... ET reported that Navaratna PSU National Aluminum Company Limited declared an interim dividend of 20%. An official release said that the NALCO board approved the payment at the rate of INR 2 per share on the paid up equity share capital of INR 644.31 crore for the year 2010 to 2011. ....
... National Aluminium Company rose 2.10% at Rs. 416.65 at 12:20 IST on reports the firm has increased the price of aluminium by nearly 5% or Rs. 6,000 a tonne to about Rs. 1.21 lakh a tonne effective 1 February 2011 due to firming up of global prices. ...
... Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum, and alumina combined, ...
... Shares of Reliance Steel & Aluminum (RS) hit a new 52-week high on Thursday. The stock traded as high as $55.13 during mid-day trading and last traded at $54.92. The stock previously closed at $54.66. ....
... Century Aluminum (NASDAQ: CENX) closed Wednesday's trading session at $15.24. In the past year, the stock has hit a 52-week low of $8.25 and 52-week high of $17.14. ...
... Aluminum Corp of China (NYSE: ACH) closed Wednesday's trading session at $25.88. In the past year, the stock has hit a 52-week low of $18.03 and 52-week high of $28.88. ....
... The Union Ministry of Environment and Forests (MoEF) on Wednesday insisted that the company furnish a fresh proposal to obtain environmental clearance for its expansion bid. .... Ministry in the Orissa High Court in response to a writ petition filed by the Vedanta Aluminum Limited (VAL) challenging the stalling order. ....
... “In Q3FY11, Nalco's revenues increased by 2% YoY to Rs 14.4 billion on higher LME aluminium (up 19% YoY to USD2,338/t) even though metal sales declined 12% YoY to 104kt. EBITDA grew 32% YoY to Rs 3.9 billion & OPM expanded 610bps to 27.0%. PAT rose 65% YoY to Rs 2.6 billion aided by lower tax rate.” ....
... Kobe Steel says porous aluminium is up to 80 percent lighter than steel and 60 percent lighter than regular aluminium. The problem is the material can't be ... average selling price for regular aluminium per square metre is over 2,000 yen or roughly $25. Kobe will sell its porous aluminium at 1,500 yen or $18 per ....
... Reliance Steel and Aluminum (NYSE:RS) closed Tuesday's winning trading session at $53.74. In the past year, the stock has hit a 52-week low of $34.58 and 52-week high of $55.47. ...
... Nalco's 3QFY11 PAT increased 14% QoQ to Rs2.56b, lower than our estimate, due to increased operating costs and lower sales of aluminum and alumina. ... Average 3QFY11 LME aluminum prices rose 12% QoQ to US$2,357 (up 16% YoY). Alumina traded up 11% QoQ at US$353. ...
... The signs of recovery as regards alumina and aluminium prices have also benefited NALCO's performance. During the quarter, the average sales realization from calcined alumina had gone up by 34% to US$ 356 from US$ 266 and the average sales realization from aluminium metal jumped by 18% to US$ 2390 from US$ 2017. ...
... National Aluminium Company said that it has increased the price of the metal by nearly 5% or INR 6,000 to around INR 121,000 a tonne in sync with the firming up of the global prices. ....
... UAE. Europe is gaining a bigger share of the Gulf’s aluminium exports, currently accounting for approximately 150,000 tons or US$3.5 million of the region’s annual aluminium sales. ....
... Russian aluminium giant RUSAL (0486.HK: Quote) plans to refinance $5 billion of its debt this year, with $3 billion of the ... less than $1 billion with Eurobonds and about $1 billion with rouble bonds. ...
... Aluminium Bahrain BSC's concerted efforts in strengthening quality improvement initiatives across the organization received a major impetus as an eight ...
... South Korea’s Hanwha Engineering & Construction has emerged as the favored company to be awarded the engineering, procurement and construction contract for the aluminum rolling mill project at Ras al-Zour in Saudi Arabia. ...
