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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National Aluminium Company (NALCO) expects its revenue from operations to increase to around INR 190 billion (USD 2.22 billion) in FY 2027, supported by stable aluminium prices, higher production from its new alumina refinery and easing input costs. Chairman-cum-Managing Director Brijendra Pratap...
SHFE aluminium settled at RMB 22,515 per tonne, plunging 2.19 per cent, with an intraday fluctuation range of 22,455–22,990. The price was well below all key moving averages (MA5=22,985, MA10≈23,622, MA30=24,085.5, MA60=24,460.67), with the moving average system in a bearish alignment and...
LME aluminium prices showed limited movement on June 29 compared with June 26, with cash and three-month contracts recording marginal declines. Meanwhile, exchange inventories and cancelled warrants continued to trend lower. The LME cash bid price eased to USD 3,160 per tonne on June 29 from USD...
The Aluminium Federation (ALFED) and the Cast Metals Federation (CMF) have jointly submitted a Parliamentary briefing to Ministers and MPs following discussions at the All-Party Parliamentary Manufacturing Group (APMG) on 23 June, highlighting growing concerns over the impact of industrial energy...
Futures: SHFE aluminium closed at RMB 23,115 per tonne last Friday, up 0.81 per cent, with intraday fluctuations within 22,890-23,190. Prices are far below all key moving averages (MA5=23,119, MA10=23,622, MA30=24,149, MA60=24,501.5). The moving averages are in a bearish alignment and diverging at...
The LME aluminium price graph of June 26 reported gains after remaining on a declining graph in the previous three sessions. As cash, contracts and three-month Asian benchmark prices improved, warehouse stocks continued to decline. The LME aluminium cash bid and offer prices gained 1.02 per cent...
With the continued expansion of aluminium processing and downstream industries in Southeast Asia, regional aluminium billet production, consumption and trade markets have attracted growing attention. Malaysia, Thailand and Vietnam are not only important aluminium billet production and consumption...
This week, the operating rate at China's leading downstream aluminium processing enterprises came in at 63 per cent, down 0.4 percentage points M-o-M. Weighed down by the deepening seasonal off-season across the sector, downstream purchase willingness was broadly subdued, and operating rates across...
During morning trading, the centre of SHFE aluminium 2606 contract was higher than the same period of the previous trading day. Impacted by the rise in aluminium prices and yesterday's restocking, overall procurement sentiment weakened today. However, supported by sellers' willingness to hold...
Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 22,935 per tonne, down RMB 40 or 0.17 per cent from the previous settlement price. It opened at RMB 22,950 per tonne and fluctuated between RMB 22,810 and 23,030 per tonne. The price is trading below the MA5 (23,389.00), MA10...
LME aluminium prices edged lower on June 25 compared with June 24, with both cash and three-month contracts recording modest declines. Meanwhile, LME warehouse stocks continued to fall, while live warrants remained unchanged. The LME cash bid price slipped to USD 3,130 per tonne on June 25 from USD...
The UK government has announced a GBP 50 million (USD 66 million) investment to strengthen domestic production of critical minerals, as it seeks to reduce reliance on concentrated global supply chains and improve economic resilience. The funding is also expected to support sectors such as...
RUSAL’s Irkutsk Aluminium Smelter (IrkAZ) has become the first aluminium plant in the industry to fully transition to modern Russian gas cleaning systems. Investments in the project amounted to approximately USD 40 million. RUSAL developed the gas cleaning units. The company's proprietary solution...
Aluminium, the silvery metal powering homes, industries and enabling humans to fly and sail, has a gripping tale of its mine to market journey. It is extracted after multiple refining processes from the reddish-brown ore. The ore is refined to the powdery white substance Aluminium oxide, commonly...
US-based primary aluminium producer Century Aluminum and American innovator in alumina and other industrial materials, Brimstone, have signed a memorandum of understanding (MOU) aimed at creating what could become the first fully domestic US "mine-to-metal" aluminium supply chain, strengthening the...
In early trading, the SHFE aluminium 2606 contract's centre ran significantly below the level seen in the same period of the previous trading day. As aluminium prices declined to their lowest recent levels, overall market buying sentiment improved M-o-M from yesterday, pushing transaction prices...
Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 22,970 per tonne, down 2.13 per cent. Prices trade below the MA5 (23,630.00), MA10 (23,854.00), MA30 (24,256.83), and MA60 (24,549.33) moving averages, with short- and medium-term moving averages in bearish alignment and gradually...
After remaining above USD 3,200 per tonne at the June 23 session , the LME aluminium price dropped below the figure across all the pricing segments, barring the live warrants and alumina price, on the June 24 session. The LME aluminium cash bid price eased 3.52 per cent day-on-day on June 24, down...
