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Alcircle Private Limited | CIN: U72200WB2017PTC221175

Registered & Corporate Address: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160

© 2026 Alcircle. All rights reserved. Alcircle is not responsible for content from external sources.

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US industrial policy needs to be systematic, not just ad hoc – Part 2
10 SEPT 202614MINS
Primary AL

US industrial policy needs to be systematic, not just ad hoc – Part 2

Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 2 Impact #5 of ad hoc industrial policy: Failing to use all required tools Industrial policy is often caricatured as just tariffs and subsidies. Mis-framed debates that evaluate the merits of tariffs in...

Collapsed Canada tariff talks put Indiana's aluminium jobs back in the spotlight
10 SEPT 20264MINS
Primary AL

Collapsed Canada tariff talks put Indiana's aluminium jobs back in the spotlight

Indiana has emerged as an unlikely flashpoint in the latest round of US-Canada trade friction, after Washington's now-collapsed negotiations with Ottawa briefly put a proposed cut to aluminium tariffs on the table, one that industry advocates say would have hit the state's fabrication workforce...

10 SEPT 20267MINS
Primary AL

Low inventory supports aluminium prices to consolidate at highs; Peak season recovery pace awaits verification

Futures: The most-traded SHFE aluminium contract opened at RMB 24,590 per tonne in the night session on September 9, reached a high of RMB 24,660 per tonne and a low of RMB 24,565 per tonne, and closed at RMB 24,650 per tonne, up RMB 90 per tonne or 0.37 per cent from the previous close. Futures...


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Domestic and Ex-China aluminium prices consolidate at lows and recover; Destocking tailwinds offset Ex-China capacity headwinds
07 JUL 20268MINS

Domestic and Ex-China aluminium prices consolidate at lows and recover; Destocking tailwinds offset Ex-China capacity headwinds

Futures: The most-traded SHFE aluminium contract opened at RMB 22,850 per tonne in the night session on July 6, reached a highest price of RMB 22,950 per tonne, a lowest price of RMB 22,790 per tonne, and finally closed at RMB 22,900 per tonne, up 0.07 per cent from the previous close. During this...

LME aluminium cash and three-month prices gain nearly 1%; opening stocks fall 0.5%
07 JUL 20262MINS

LME aluminium cash and three-month prices gain nearly 1%; opening stocks fall 0.5%

Aluminium prices on the London Metal Exchange (LME) recovered at the close of the July 6 session. Moderate gains were reported across the pricing and contract segments, while the declining trend in inventory continued to persist. The LME aluminium cash bid price stood at USD 3,104.5 per tonne on...

Potline turnaround: The shutdown is the easy part
06 JUL 20267MINS

Potline turnaround: The shutdown is the easy part

The installed base of potlines is ageing, and the market is tight. LME aluminium touched a four-year high above USD 3,300 per tonne in early 2026, idle Western capacity is being studied for restart, and every controlled shutdown on the map is running under cost and schedule pressure. So teams plan...

Trading sentiment in the spot market is weak, and market supply is relatively ample
06 JUL 20262MINS

Trading sentiment in the spot market is weak, and market supply is relatively ample

The SHFE aluminium 2606 contract traded with its centre higher than the previous trading day’s corresponding level in the morning session. Pressured by rising aluminium prices, selling sentiment improved from the previous day, but buying sentiment was relatively soft, as some downstream players had...

Adani-IHC aluminium project to be powered by Adani’s 4,000 MW captive capacity
06 JUL 20262MINS

Adani-IHC aluminium project to be powered by Adani’s 4,000 MW captive capacity

The high-profile Adani-IHC aluminium project will reportedly draw electricity from a 4,000 MW captive power plant and a green energy component of about 400 megawatts for running 4 million tonnes per annum of alumina, 2 million tonnes per annum of aluminium and 1 million tonnes per annum of...

LME aluminium cash price rises 0.60% to $3,079.5/t on July 3 as stocks decline further
06 JUL 20262MINS

LME aluminium cash price rises 0.60% to $3,079.5/t on July 3 as stocks decline further

LME aluminium prices moved up across cash and three-month contracts on July 3, while exchange opening stocks declined from the previous trading day. Forward prices also strengthened, with live warrants remaining unchanged and cancelled warrants falling. The LME aluminium cash bid price stood at USD...

Outside China macro bullishness vs. supply bearishness, domestic destocking supports SHFE aluminium bottom
06 JUL 20268MINS

Outside China macro bullishness vs. supply bearishness, domestic destocking supports SHFE aluminium bottom

The most-traded SHFE aluminium contract opened at RMB 22,685 per tonne in the night session on July 3, with a high of RMB 22,830 per tonne, a low of RMB 22,685 per tonne, and closed at RMB 22,795 per tonne, down 0.20 per cent from the previous settlement. This session saw a rebound from lows,...

SMM monthly review overseas primary aluminium projects: Concentrated commissioning in 2026-2027
05 JUL 20262MINS

SMM monthly review overseas primary aluminium projects: Concentrated commissioning in 2026-2027

In early June, according to public information, the Kazakh Prime Minister met with the Vice Chairman of Xinfa Group. Xinfa expected that, based on its entire industry chain industrial park construction plan, the project will create a highly integrated production system, achieving full chain...

Aluminium billet inventory falls to 130,000mt, warehouse withdrawals rebound, processing fees soften
05 JUL 20263MINS

Aluminium billet inventory falls to 130,000mt, warehouse withdrawals rebound, processing fees soften

According to SMM statistics, on July 2, aluminium billet inventory in major domestic consumption areas fell to 130,000 tonnes, down 4,000 tonnes from last Monday and 10,000 tonnes from last Thursday, with the pace of destocking visibly accelerating. On a year-over-year basis, it was down 23,500...

Vedanta Aluminium output rises 5% Y-o-Y to record 632,000 tonnes in Q1 FY27
04 JUL 20263MINS

Vedanta Aluminium output rises 5% Y-o-Y to record 632,000 tonnes in Q1 FY27

Vedanta Aluminium Metal Limited opened FY27 with higher output across key parts of its operations, as new smelter volumes and improved efficiency at existing lines supported aluminium production, while expansion-led gains drove a sharp increase in alumina output. For the quarter ended June 30,...

Adani, IHC unveil Odisha aluminium project with 4-5yr timeline, 53,500 jobs
04 JUL 20263MINS

Adani, IHC unveil Odisha aluminium project with 4-5yr timeline, 53,500 jobs

The memorandum of understanding (MoU) between India’s Adani Enterprises Limited (AEL) and the United Arab Emirates-based Abu International Resources Holding (IRH), through 2PointZero, to establish the USD 11.5 billion aluminium complex in Odisha has received a tentative project timeline of...

Japan’s Q3 aluminium premium hits 11-year high at $395/t as physical supply tightens
03 JUL 20262MINS

Japan’s Q3 aluminium premium hits 11-year high at $395/t as physical supply tightens

Some Japanese aluminium buyers have agreed to pay global producers a premium of USD 395 per tonne over the London Metal Exchange benchmark for July-September 2026 shipments, up 12–13 per cent from the previous quarter, according to industry sources. The premium compares with USD 350–353 per tonne...

Citi sees aluminium prices recovering to $3,500 despite the recent 20% correction
03 JUL 20262MINS

Citi sees aluminium prices recovering to $3,500 despite the recent 20% correction

Aluminium prices are likely to bottom or find a floor over the coming month before staging a recovery in the second half (H2) of 2026, according to a fresh market outlook from the global bank, Citigroup or Citi. Between September and December, aluminium is expected to trade in the range of USD...

Taiyo Yuden launches automotive-grade hybrid aluminium electrolytic capacitors
03 JUL 20262MINS

Taiyo Yuden launches automotive-grade hybrid aluminium electrolytic capacitors

The ToZero (Towards Zero Waste in Aluminum BiW Manufacturing) project has demonstrated that recycled automotive aluminium scrap can be transformed into powder suitable for laser powder bed fusion (LPBF), supporting efforts to increase the use of recycled materials in additive manufacturing....

EGA wins the AI Vision and Strategy Award at the 2026 Manufacturing Leadership Awards in the United States
03 JUL 20262MINS

EGA wins the AI Vision and Strategy Award at the 2026 Manufacturing Leadership Awards in the United States

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has received the AI Vision and Strategy Award at the 2026 Manufacturing Leadership Awards in the United States. The award recognises EGA’s innovative implementation of Industry 4.0...

Expectations for US fed rate hikes delayed, aluminium prices’ short term weakness hard to break
03 JUL 20268MINS

Expectations for US fed rate hikes delayed, aluminium prices’ short term weakness hard to break

Futures: SHFE aluminium closed at RMB 22,510 per tonne, edging up 0.09 per cent. The price remained below the MA5 (22,580) and all medium and long-term moving averages, with the bearish alignment of the moving average system continuing, but it has moved sideways around 22,500 for two consecutive...

LME aluminium price drops $3,065/t with EGA Al Taweelah repairs, supply fears ease
03 JUL 20263MINS

LME aluminium price drops $3,065/t with EGA Al Taweelah repairs, supply fears ease

The London Metal Exchange (LME) aluminium price graph has been consistently reporting a decline for nearly 10 days since the June 22 close. As the Middle East tensions come to a settled state, supply fears have clearly started to ease. Moreover, Emirates Global Aluminium (EGA) announced its...

MQP to unveil aluminium grain refiner for high-performance applications at Aluminium China 2026
03 JUL 20262MINS

MQP to unveil aluminium grain refiner for high-performance applications at Aluminium China 2026

MQP will introduce its new Optifine 5:02 aluminium grain refiner at Aluminium China 2026, taking place from 8-10 July in Shanghai, as demand grows for cleaner aluminium used in aerospace and premium automotive applications. The company said the new grain refiner has been developed to meet...

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