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 May 21 session on the London Metal Exchange (LME) aluminium prices witnessed a drastic recovery in the aluminium market trend from the declining graph in the May 20 session . Figures improved across cash, benchmark and contracts, while the declining stocks and warrants indicated a worldwide...
Futures : SHFE aluminium closed at RMB 24,440 per tonne yesterday, down 0.39 per cent, settling at the MA5 (24,440) level but below the MA10 (24,547), MA20 (24,674), MA30 (24,780), and MA60 (24,675), with the moving average system in a bearish alignment. The MACD indicator showed DIF = -88.7, DEA =...
RUSAL has developed and deployed proprietary software to automate control of anode baking furnaces at its Sayanogorsk Aluminium Smelter as part of a wider modernisation programme to improve production efficiency, process flexibility, and operational performance. The software, created by RUSAL's...
Primary aluminium production in the Gulf dropped to its weakest level in more than a decade in April as the ongoing Iran war disrupted smelter operations and raw material supplies across the region, according to preliminary data released by the International Aluminium Institute (IAI) on Wednesday....
Norsk Hydro has been downgraded to “neutral” from “buy” by Citi Research after the company’s shares surged around 25 per cent since February on the back of rising aluminium prices. Citi also increased its target price for Norsk Hydro shares to NKr110 (USD 12.1) from NKr105 (USD 11.55). According to...
Today, the General Administration of Customs released import and export data for April 2026. Customs data showed: Imports of unwrought aluminium alloy in April 2026 were 73,500 tonnes, down 15.4 per cent YoY and down 12.9 per cent M-o-M. Cumulative imports from January to April 2026 were 313,900...
National Aluminium Company Limited has released its Annual Secretarial Compliance Report for the year ended 31st March, 2026 covering compliance of corporate governance and regulatory requirements. The report stated that it conducted a detailed review of internal records, statutory filings and...
Futures: SHFE aluminium closed at RMB 24,510 per tonne yesterday, up 0.35 per cent. The price stood above MA5 (24,423) but remained suppressed by MA10 (24,520), MA30 (24,603.83), and MA60 (24,619.33), with the short-term moving average bearish alignment not yet reversed. MACD indicator DIF =...
The London Metal Exchange aluminium market recorded lower prices across key contracts on May 20 compared with May 19, while warehouse stock levels also declined. LME aluminium cash bid price stood at USD 3,643 per tonne on May 20, down by 0.57 per cent from USD 3,664 per tonne recorded on May 19....
The European Union has reached a provisional agreement to implement a trade pact with the United States, a move aimed at avoiding tariff increases from the US and easing uncertainty around transatlantic trade, including aluminium and steel. The agreement includes safeguards that would allow the...
Arab Aluminum Company reported net profit after tax of EGP 2.243 million (USD 45,300) in the first quarter of 2026, compared with a net loss of EGP 6.003 million (USD 121,200) during the same period last year. The company’s sales increased 8 per cent year-on-year to EGP 137.906 million (USD 2.79...
Aluar Aluminio Argentino S.A.I.C. has drawn investor attention following its recent financial disclosure, which highlighted pressures in the Argentine aluminium sector, including weak domestic economic conditions, currency volatility and fluctuating global metal prices. The company’s performance is...
The global aluminium market is undergoing a sharp reset as the ongoing Middle East conflict and the resulting energy disruptions tighten supply, lift production costs and push prices to multi-year highs. The Iranian missile attacks on the Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba)...
The May 19 session closed with L ondon Metal Exchange (LME) aluminium prices reporting surges on wide margins. Overcoming the modest gains in the previous close, the cash and contracts gained considerable momentum. The sharp rise was largely driven by tightening global supply signals, falling...
Futures: SHFE aluminium closed at RMB 24,445 per tonne, edging up 0.20 per cent. The price was above MA30 (24,351.47) but remained under pressure from MA5 (24,540), MA10 (24,504.5), and MA60 (24,607.17), with the short-term moving averages still in bearish alignment. The MACD indicator showed DIF =...
Aluminium prices closed higher, rising 0.62 per cent to INR 381.2 (USD 3.94), as supply concerns linked to the Middle East conflict continued to support the market. The ongoing tensions between the United States and Iran, along with restrictions on shipping movement through the Persian Gulf, have...
On an on-month basis, last month's output increased by 0.5 per cent from March, Mysteel Global calculated based on the NBS data. Daily production averaged 129,000 tonnes in April, representing a 3.1 per cent increase from the same month last year and a 3.8 per cent rise from March, according to...
Tsingshan Group has reportedly asked several nickel pig iron (NPI) producers operating at Indonesia’s Weda Bay industrial park to curb production in June as the company prioritises electricity supply for aluminium operations. According to sources familiar with the matter, the request was made last...
