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 global aluminium market is witnessing a great ordeal as it shifts into a new era, where disruption is becoming a constant rather than just an occasional bump. AZ Global’s report “Gulf Disruptions Roadmap: Decoding Aluminium Market Volatility, Supply Risks & Trade Flow Shifts” provides core...
Futures: SHFE aluminium closed at RMB 24,320 per tonne, up 0.48 per cent, with an intraday high of 24,395 and a low of 24,250. The price barely held above MA30 (24,320) but remained suppressed by MA5 (24,506), MA10 (24,517), and MA60 (24,594), with the short-term moving average bearish alignment...
The London Metal Exchange (LME) aluminium price, after declining at the previous close, again rose on May 18; however, the rise was not significant. Moreover, the 3-month Asian Reference Price also rose, but the longer-dated contracts continued the declining trend. A slight decline in the LME...
The public hearing session conducted by Hindalco Industries Limited for the expansion of the aluminium smelter and captive power plant owned by its subsidiary, Aditya Aluminium, in Lapanga, Sambalpur district, Odisha, received unanimous approval from the Panchayat Raj and resident villagers. It was...
By the close of Friday's daytime trading session, the most-traded June nickel contract had fallen by 2.1 per cent on the week to RMB 143,330 per tonne (USD 21,072 per tonne). In comparison, aluminium and copper futures contracts, both for June delivery, posted more modest changes. The most-traded...
The US-based Century Aluminum (CENX) is back in focus, as its first quarter (Q1) of 2026 financial results depicted a mixed picture . While revenue surpassed market expectations, adjusted earnings per share (EPS) did not meet consensus estimates. Nonetheless, management’s strong Q2 EBITDA guidance...
Futures: SHFE aluminium closed at RMB 24,305 per tonne, down 0.94 per cent. The price fell below all key moving averages (MA5=24,556, MA10=24,529, MA30=24,361, MA60=24,584.5), forming a bearish alignment with clear short-term weakness. The MACD indicator showed DIF=-68.9, DEA=-20.17, with negative...
On May 15, the week closed with an easing trend in the London Metal Exchange (LME) aluminium price after it rose above its 4-year high. A significant drop has been seen across all the contracts, along with the LME inventory, but cancelled warrants continued to rise. Both the LME cash bid and cash...
After racing close to its 52-week high, Hindalco Industries suddenly lost momentum on May 15. The stock slipped to an intraday low of INR 1,073 and ended nearly 3 per cent lower as investors rushed to lock in gains following a strong rally. The pullback came at a time when uncertainty across the...
The global aluminium industry gathered in London with one pressing question hanging over the market - how severe could the supply shock from the Middle East become, and how long will its impact last? At the World Aluminium Summit hosted by CRU Group at Savoy Place, more than 360 delegates discussed...
Macro perspective: Overall macro atmosphere leaned warm, with multiple positive factors resonating Ex-China, US April CPI data showed surging energy prices drove headline inflation to a three-year high, fuelling expectations for US Fed interest rate hikes within the year. US-Iran negotiations...
Japan’s aluminium premium has climbed from USD 86 per tonne in Q4 2025 to an average USD 351.5 per tonne (ranging between USD 350-353 per tonne) for Q2 2026 shipments, being the steepest quarterly escalation in more than a decade and the highest level since the USD 380-per-tonne settlements...
According to six sources, the leading aluminium producer in the Middle East, Emirates Global Aluminium (EGA), is reportedly in negotiations with Oman in order to acquire a stake in competing producer Sohar Aluminium of Oman, which has an annual production capacity of about 395,000 tonnes. This is...
On May 15, the National Aluminium Company Ltd share price was traded at INR 416.00 on the National Stock Exchange of India Limited (NSE) as the market opened. This marked a day-on-day increase of 2 per cent, which, on the last day's open, was recorded at INR 407.80. The firm's share price is deemed...
Futures: The most-traded SHFE aluminium 2606 contract closed at RMB 24,700 per tonne, down 0.70 per cent. The price was near MA5 (24,668.00), MA10 (24,594.00), and MA30 (24,805.33), and above MA60 (24,581.00). Short-term moving average support was moderate, and the price was currently moving...
The London Metal Exchange (LME) aluminium price on May 14 rose further to its four-year high, surpassing the previous day’s closing for both the spot and longer-dated contracts. Additionally, LME inventory declined, while cancelled warrants increased from the last day. The LME cash bid and cash...
China’s East Hope Group, one of the world’s largest aluminium producers, is considering an investment of USD 12.6 billion in Kazakhstan’s bauxite mining and aluminium sector, according to the country’s Ministry of Industry and Construction. The proposal was discussed during talks between Industry...
London-headquartered mining company and aluminium producer Rio Tinto has appointed its new Chief Legal Officer, Governance and Corporate Affairs, Trudi Charles. She is to assume the role on August 1, 2026, succeeding Isabelle Deschamps in this position. Explore: The most comprehensive and...
