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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London Metal Exchange (LME) aluminium prices witnessed a decline in the cash price on the June 5 session. Contracts, however, improved from the closing figures of June 4 , while stocks returned to the declining graph. The LME aluminium cash bid as well as offer prices eased 0.08 per cent...
Haley Stevens, Congresswoman of Michigan, introduced the Secure Aluminium Supply Chains Act, a bill that is going to require a review of US aluminium scrap exports and their impact on the manufacturing sector of the country. This bill requires the US International Trade Commission (USITC) to...
A supply shock in West Asia is reshaping the global aluminium market. Disruptions to smelters, shipping routes and regional energy supplies have tightened aluminium availability and pushed London Metal Exchange prices to a four-year high, bringing the market closer to the USD 4,000-per-tonne...
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,310 per tonne, down 0.29 per cent. The price was running below the MA5 (24,466.00), MA10 (24,440.50), MA30 (24,582.83), and MA60 (24,674.17) moving averages. Short- and medium-term moving averages were gradually turning...
London Metal Exchange (LME) aluminium prices continued to dip on June 4 after the figures eased on the June 3 from USD 3,800 per tonne on the previous close. The session recorded a decline in the aluminium prices, contracts as wells as stocks. The LME aluminium cash bid price eased 1.54 per cent...
The Canadian government announced plans on Wednesday to extend key steel and aluminium tariff measures for another year as it seeks to protect domestic producers from global trade distortions and import diversion. Subject to final approval, Canada's steel tariff-rate quotas for countries outside...
Rising geopolitical tensions in West Asia are continuing to support higher crude oil prices, while aluminium prices have climbed to four-year highs, creating different outlooks for India's oil and metals sectors. According to Bharat Subramanian, Vice President of Equity Research at BofA Securities,...
Mexico’s aerospace industry is preparing for a new phase of regional trade dynamics as the ongoing review of the United States-Mexico-Canada Agreement (USMCA) and continued US tariffs on aluminium, steel and derivative products reshape the operating landscape. While the process was initially...
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,385 per tonne, down 1.14 per cent. The price was running below MA5 (24,472.00), MA10 (24,467.00), MA30 (24,606.67), and MA60 (24,688.67), with short- and medium-term moving averages gradually turning downward. The overall...
After the spike in the London Metal Exchange (LME) aluminium prices on the June 2 session, June 3 closed with an easing trend. The LME aluminium cash bid price declined to USD 3,796.5 per tonne on June 3 from USD 3,854 per tonne on June 2, marking a decrease of around 1.49 per cent. The LME...
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
The proposed aluminium smelter in Inola, Oklahoma, has moved to the centre of the state’s gubernatorial race after Oklahoma Attorney General and governor candidate Gentner Drummond filed a lawsuit seeking to stop the project. Drummond said his concerns relate to the facility’s potential impact on...
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,775 per tonne, up 0.79 per cent. The price moved near the range of MA5 (24,503.00), MA10 (24,490.00), MA30 (24,641.50), and MA60 (24,701.33), with short- and medium-term moving averages intertwined and converging. The overall...
Rio Tinto’s New Zealand aluminium operations delivered a robust financial performance in 2025, with parent company Pacific Aluminium (New Zealand) reporting a net profit of USD 176 million, supported by higher aluminium sales revenue and increased production at the Tiwai Point smelter. For the year...
During the morning session, the SHFE aluminium 2606 contract fluctuated upward, with the overall price centre rising compared to the previous trading day. Affected by higher aluminium prices, downstream purchase sentiment weakened significantly, and selling sentiment was notably higher than...
The London Metal Exchange (LME) aluminium price history is close to being rewritten as the aluminium price hits a four-year high at the close of the June 2 session. Surging past the closing figures of June 1 , prices continue to advance towards the USD 4,000 price tag. Meanwhile, declining stocks...
Shares of major aluminium producers in Hong Kong moved higher, supported by rising alumina prices and concerns about future bauxite supplies from Guinea. Among the gainers, China Aluminum Corporation rose 3.4 per cent to HKD 11.25 (USD 1.44), while China Hongqiao Group gained 3.36 per cent to HKD...
Aluminum Corporation of China (Chalco) has confirmed that the conditions for the third unlocking period of restricted A shares issued under its 2021 restricted share incentive plan have been met. The company said the latest unlocking follows a series of earlier adjustments made to the scheme,...
