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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... LME aluminum prices, and LME aluminum prices edged down gradually after opening at an intraday high of USD 2,422/mt, and finally closed at USD 2,413/mt, down USD 7/mt compared with the previous trading day. LME aluminum inventories fell by 4,375 mt to 4,545,950 mt. SHFE aluminum prices opened lower today, ...
...It is reported that investments into the Gulf aluminium industry are currently estimated at around USD 30 billion and could reach as much as USD 55 billion by 2020 due to upcoming smelter expansions and new projects...
...Aluminium Bahrain B.S.C. (Alba)'s success in meeting challenges facing the industry through processes and programmes that boost savings, reduce costs, strengthen operational efficiency and enhance the company's competitive edge were highlighted during a presentation given by Alba's Chief Executive, Laurent Schmitt at a Business Leadership Talk organised by the Bahrain Management Society on Tuesday, January 18, 2011 at the Crowne Plaza Hotel, Bahrain...
...Hydro is investing to extend its Suzhou plant with two new aluminium extrusion presses. The extension will increase the ability of the company to meet local demand for products and components in the largest downstream aluminium market in the world...
...It was reported that CSIC realized revenue of 142.5 billion Yuan with an increase of 17% YoY and increase of value added touched 16%. The profit rose 11.7% YoY, which exceeded the "Eleventh Five" goal. In term of civilian vessels operating and prodction, completion and the amount of ship orders both rose sharply. Together with rapid growth of ships business, non-ship industry also had new breakthrough. The total non-ship industry rose by 26% YoY, accounting for 40% of the Group's total economic output...
...The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable February 25, 2011 to shareholders of record at the close of business on February 4, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2011 to shareholders of record at the close of business on March 11, 2011...
...Aluminum producers maker China Zhongwang, no stranger to trouble since its listing in Hong Kong in 2009, added this for investors on Friday night: A warning that profits for last year are expected to tank...
...CHINA Hongqiao, a Chinese aluminium producer, plans to raise as much as $US2.2 billion ($2.2bn) in an IPO ahead of its Hong Kong listing. ..
...MINING giant Alcoa is again under investigation for allegedly failing to stop toxic dust escaping from its Wagerup waste stockpiles...
... Tumbling LME aluminum prices caused SHFE 1104 aluminum contract prices to open significantly lower at RMB 16,570/mt on January 21st, and later gradually reversed some losses as the Shanghai Stock Exchange composite index rallied to 2,700 points. ....
... LME base metals prices. LME aluminum prices opened at USD 2,415/mt, and hit an intraday high of USD 2,428/mt. LME aluminum prices lost some gains at the tail of trading, and finished at USD 2,420/mt, up USD 12/mt compared with the previous trading day, or up 0.5%. ...
... United Co. Rusal, billionaire Oleg Deripaska’s aluminum company, said it may earn as much as $15 million from selling United Nations emissions credits generated by reducing emissions at a smelter in Russia. ...
... Aluminum shipments at Rio Tinto PLC's (RIO) Boyne smelter in the Queensland port of Gladstone have returned to normal and a force majeure on contracts has been dropped after severe floods disrupted operations, the miner said Friday. ...
... Total world aluminum output in December rose by 70,000 metric tons to 2.128 million tons, from 2.058 million tons in November, according to figures released Thursday by the International Aluminum Institute. ...
... (China Aluminum Network)January 20, it was reported from the annual meeting of China Minmetals Corporation that China Minmetals Group realized 255 billion yuan of revenue and 7.0 billion Yuan of profit. ...
... Aluminum Corporation of China (NYSE:ACH) closed Wednesday's negative trading session at $24.53. In the past year, the stock has hit a 52-week low of $18.03 and 52-week high of $30.71. Aluminum Corporation of China stock has been showing support around $24.02 and resistance in the $25.38 range. ....
... Kaiser Aluminum (NASDAQ:KALU) traded in a range yesterday that spanned from a low of $47.15 to a high of $48.42. Yesterday, the shares fell 1.66%, which took the trading range below the 3-day low of $47.61 on volume of 109,000 shares ...
... SMELTER and power facility, Rio Tinto Alcan believe investment in apprenticeships results in great benefits for the company with loyal, highly trained and happy employees. ...
