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...
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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In the early session, the trading centre of the SHFE aluminium 2606 contract was higher than the same period of the previous trading day. Market warrant supply continued to flow out, and overall circulating spot supply was loose. Downstream saw only sporadic restocking, and with bearish sentiment...
In today's time, global aluminium producers are looking for ways to ramp up production while juggling fewer available resources. Rising expectations for output, stricter safety regulations, ongoing labour shortages, a heightened focus on product quality and the urgent need to boost operational...
Vedanta Aluminium Metal Limited has appointed M/s S R B C & Co. LLP as its statutory auditor with immediate effect to fill a casual vacancy created by the resignation of its previous statutory auditors on June 12, 2026. The appointment was approved by the company's Board of Directors based on the...
India's aluminium sector is poised for major expansion, as the Adani Group and Abu Dhabi-based International Holding Company (IHC) have signed a memorandum of understanding (MoU) to jointly develop an integrated aluminium complex in Odisha with an estimated investment of USD 11.5 billion. Both...
Emirates Global Aluminium (EGA) has confirmed it is running ahead of its internal timeline in restoring production at the Al Taweelah aluminium complex, with 89 of the site’s 1,262 reduction cells already restarted following the March 28 attack that forced an emergency shutdown of the facility. The...
Futures: SHFE aluminium closed at RMB 22,485 per tonne yesterday, unchanged. The price barely held at the MA5 (22,485) but remained well below the MA10 (23,155), MA30 (23,943.67), and MA60 (24,383.33). The bearish alignment of moving averages persisted, with the price finding temporary MA5 support...
LME aluminium prices weakened on July 1 compared with June 30, with cash, three-month and long-dated contracts all posting losses. Exchange inventories also continued to decline, while the alumina Platts price moved higher. The LME cash bid price fell to USD 3,073 per tonne on July 1 from USD 3,105...
The American Primary Aluminium Association (APAA) has welcomed the decision by Magnitude 7 Metals to reopen its primary aluminium smelter in Marston, Missouri, calling the move a significant positive development for domestic aluminium production and US manufacturing. The company is targeting to...
Aluminium is on course for its steepest monthly decline since October 2008 as improving expectations for Middle Eastern supply rapidly unwound the rally triggered by the Iran conflict.The metal has dropped more than 15 per cent so far in June after an interim US-Iran peace deal boosted optimism...
The aluminium plant Slovalco has reached an agreement with the Slovak government enabling the restart of 75,000 tonnes of primary aluminium production capacity. The agreement with the Slovak government marks an important milestone in resuming full operations at Slovalco after operations were...
In morning trading, the operating centre of the SHFE aluminium 2606 contract was lower than the same period on the previous trading day. Affected by low aluminium prices, some sellers continued to hold back from selling. Downstream just-in-time procurement demand, combined with bearish sentiment,...
Oklahoma’s Inola City Council has approved a 60-day moratorium on the construction of the proposed aluminium smelter in Oklahoma, the US. Although strongly backed by US President Donald J. Trump, the verdict has temporarily put the high-profile project on hold as authorities assess concerns over...
Futures: SHFE aluminium daytime session closed at RMB 22,610 per tonne, edging up 0.11 per cent. The price is far below all key moving averages (MA5 ≈ 22,876, MA10 ≈ 23,323.5, MA30 = 24,021.67, MA60 = 24,425.75), with the moving average system in a bearish alignment and diverging, keeping the weak...
The London Metal Exchange (LME) aluminium price graph reflected a sharp drop in figures on the final trading session for June. Barring the stable alumina price, a downward trend was noted across all the pricing segments at the close of June 30. The LME aluminium cash bid, as well as the offer...
A proposed aluminium smelter in Inola, Oklahoma, continues to divide residents, with the debate drawing comments from US President Donald Trump and Oklahoma Governor Kevin Stitt. Many residents are calling for a moratorium on the project, while supporters want the development to move forward. The...
Washington's tariff strategy aimed to revive domestic aluminium production and reduce reliance on Canadian imports. A year later, the numbers tell a more nuanced story — one where prices moved faster than production, diversification outpaced displacement, and one of the world's most integrated...
According to SMM statistics, China's aluminium production in June 2026 (30 days) rose 2.2 per cent Y-o-Y and fell 3.1 per cent M-o-M. Although weak domestic demand dragged down various sectors broadly under pressure, export demand for aluminium semis provided effective support for domestic liquid...
Analysts expect Hindalco Industries and Vedanta Aluminium to outperform over the next 9-12 months, supported by a combination of favourable market conditions, operational improvements and expansion plans, even as aluminium prices have corrected from recent highs. According to analyst estimates,...
