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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The aluminium industry's supply chain story increasingly begins long before metal reaches a smelter. Across several regions, governments and companies are moving to secure access to bauxite, the industry's most important raw material. India's engagement with Venezuela reflects a broader effort to...
Om Metallogic Ltd. has recently secured a fresh supply contract valued at INR 18.81 CR (USD from Oswal Castings Pvt. Ltd. According to the agreement, Om Metallogic will deliver 476.35 tonnes of ADC-12 aluminium alloy ingots to the buyer, Oswal Castings, which adds a sizeable commercial order to the...
LME aluminium prices edged lower on June 18 compared with June 17, while warehouse stocks continued to fall. However, longer-dated contracts posted modest gains. The LME cash bid price slipped to USD 3,401.50 per tonne on June 18 from USD 3,405 per tonne a day earlier, representing a decline of...
Vedanta Aluminium shares were in focus on Thursday after brokerage firms Citi and Kotak Institutional Equities initiated coverage on the stock with ‘Buy’ ratings. The stock was trading 0.56 per cent higher at 9:40 am and had earlier risen as much as 2.93 per cent to INR 479 (USD 5.08) per share....
Century Aluminum Company has reported the outcome of its 2026 Annual Meeting of Stockholders, with shareholders approving the election of seven board members, endorsing executive compensation, and ratifying Deloitte & Touche LLP as the company's independent auditor for fiscal year 2026. According...
Primary aluminium prices climbed to four-year highs in H1 2026 as the market grappled with tightening inventories and mounting concerns over supply disruptions linked to the conflict in the Middle East. The year began with the LME Aluminium Cash Price below USD 3000 per tonne and, over the next...
China aluminium prices trended lower through late May, with Mysteel regional A00 ingot averages retreating between 1.38 per cent and 1.45 per cent month-on-month. The market remained locked in a tug-of-war between macro headwinds and fundamental resilience. While persistent rate hike expectations...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,900 per tonne in the night session on June 17, with the highest price at RMB 23,950 per tonne, the lowest at RMB 23,860 per tonne, and finally closed at RMB 23,940 per tonne, up 0.25 per cent from the prior close. During this period,...
The London Metal Exchange (LME) aluminium price graph recovered at the close of the June 17 session. The upswing in cash and near-term contracts improved in parallel as the withdrawals from stocks led to a continued decline in the aluminium inventory. The LME aluminium cash bid as well as offer...
Globally, the aluminium cast houses continue to face challenges like safety incidents, inconsistent metal quality, labour shortage and rising operating costs. Because of these challenges, producers are now racing to modernise their operations and in this, autonomous furnace tending is deemed to be...
The Mozambican government said negotiations are under way regarding the future of the Mozal aluminium smelter, the country's largest industrial operation. The facility has been under care and maintenance since March after operations were halted over concerns about rising electricity costs....
China's primary aluminium output rose by 1.7 per cent on year to 3.89 million tonnes in May, according to the latest data released on June 16 by the country's National Bureau of Statistics (NBS). May's output marked a 0.5 per cent uptick from the previous month, Mysteel Global's calculation based...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,900 per tonne in the night session of June 16, reached a high of RMB 23,925 per tonne and a low of RMB 23,835 per tonne, and settled at RMB 23,895 per tonne, up 0.27 per cent from the previous close. During this period, prices saw a...
Vedanta Aluminium Metal Limited (VAML) has taken a step towards maintaining compliance with regulatory standards by adopting the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) under Regulation 8 of the Securities and Exchange Board of India...
LME aluminium prices moved lower on June 16 compared with June 15, with both cash and three-month contracts recording declines. Meanwhile, exchange inventories continued to shrink, reflecting ongoing withdrawals from LME warehouses. The LME cash bid price fell to USD 3,358.50 per tonne on June 16...
Shares of Hindalco, Vedanta and NALCO fell sharply after aluminium prices declined in global markets following reports of a preliminary peace agreement between the United States and Iran. Aluminium prices on the London Metal Exchange (LME) dropped 4.4 per cent to about USD 3,379.50 per tonne, their...
Alcoa Corporation has announced that a new labour agreement with the United Steelworkers (USW) has been ratified following a vote by union members at the company's US smelting operations. The agreement was approved by a wide margin and covers around 965 employees working at Alcoa’s Warrick...
Constellium SE and Alcoa Corporation are benefiting from a stronger aluminium market, with demand from electric vehicles, aerospace, packaging and transportation continuing to support the sector. The growing use of recycled aluminium and the recovery in global air travel have also improved...
