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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... Aluminum traded higher last week at MCX following optimistic overseas market trends. Aluminum futures stayed in green territory and closed at 112.40 rupees per Kilogram. ...
... We recently launched coverage of the company with a Trefis price estimate of $15 for Alcoa. Alcoa's non-aluminum products include precision castings and ...
... National Aluniminum Company (Nalco) reported a 64.93% increase in net profit at INR2.5bn ($54.5M) for the quarter ended December 31 due to higher sales. ...
... National Aluminium (Nalco), a dominant player in the non-ferrous metal sector, benefited from higher average aluminium prices on a year-on-year basis in the quarter to December 2010. The company's operating profit margin improved 610 basis points compared with a year ago to 27% in the third quarter, while its net sales grew barely 1.8% to 1,443 crore. ....
... THIEVES stole a van containing high quality aluminium machinery after breaking into an industrial unit. The van was taken in the early hours of Tuesday ...
... The Indian government owned aluminium producer National Aluminium Company has posted a net profit of INR 256 crore in quarter to December, a growth of 65% over INR 155 crore a year ago, mainly owing to better capacity utilization, input cost control and favorable market demand. ...
... Global aluminum supply will exceed demand by 5.6 percent this year, spurring lower prices, as idled smelters restart and new capacity comes on-stream. ...
... It is reported that Taweelah based aluminium smelter Emirates Aluminium is kicking off 2011 plans to expand on its Emirati workforce with the company third participation at Tawdheef 2011 in Abu Dhabi a major recruitment show focusing on recruitment and Emiratisation. ....
... At the World economic Forum in Davos, Mr Oleg Deripaska CEO of spoke with Business RT about Asian demand outlook for aluminium and his position on Norilsk Nickel. ... Q. How much do you expect demand for Rusal aluminium to grow? A. Let’s say, our expectation next year in the global demand for aluminium will grow about 6%. ....
... In the Alumina and Aluminium Division, aluminium volumes were higher as the smelter operated at its full Phase 2 production ... In the Alumina and Aluminium Division, Bauxite extraction increased 6.1% and alumina production grew 0.7%, compared to last year. The Division produced 62 kt of aluminium, an increase of 72.2% compared to prior year,
...Harbor Intelligence analysts say they still look for aluminum at $2,650 a metric ton, or $1.20 a pound, between February and mid-April. “Typical conditions of a tightening physical market are becoming evident and key macro variables are also positive for prices...
...Alcoa wants to build smelters around the Arctic, many of them powered by hydroelectric dams that capture the melted water. "The Arctic north is an attractive area for the development of the aluminium industry," said Ronny Vatland, Alcoa's European environment director...
...Aluminium yesterday traded with the positive node and settled 2.04% up at 115.15. Some support had been seen from the LME stock also which came down by -3450mt, the total stock at LME is now at 4521225mt.
...Tokyo: Global aluminium supply will exceed demand by 5.6 per cent this year, spurring lower prices, as idled smelters restart and new capacity comes on-stream, Japan's third-largest trading house said...
...It is reported that Aluminium giant Alcoa Inc and another company plan to appeal a hefty judgment and penalties arising from legal action in the US Virgin Islands over the sale of an alumina refinery...
...State-owned National Aluminum Company Limited (NALCO) third quarter net sales were up 2.77% at Rs 1,425 crore versus Rs 1,386.5 crore, year-on-year, YoY. The company’s net profit was up 65% at Rs 256 crore versus Rs 155.2 crore, YoY...
...Daiki Aluminium Industry Co Ltd a major producer of secondary aluminium alloy ingots forecast its result for full year ended March 2011...
...It was another fiery week at the Colombo bourse with PC House, Environmental Services Ltd and enterprising entrepreneur Mr Dhammika Perera who is along with interested parties is seen aiming to take control of the highly diversified Hayleys group dominating the market and trading news during the January 24 to 28th week...
