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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Futures: The most-traded SHFE aluminium 2606 contract closed at RMB 24,885 per tonne, up 1.32 per cent. The price was above MA5 (24,559.00), MA10 (24,603.50), MA30 (24,786.00), and MA60 (24,542.33), with short-term moving averages forming support and the price currently testing upward for a...
On May 13, the London Metal Exchange (LME) aluminium price, after following a downward price movement for some time, significantly rose across all its contracts, crossing a four-year high as well. Moreover, the LME inventory also saw a shift, where opening stock and live warrants declined, but the...
London Metal Exchange has reappointed John Williamson as Chairman of the Board following the completion of his initial term. Williamson said the exchange had gone through a period of significant change and transformation over the past three years. In his words, “Over the past three years, the...
Arctial, backed by Rio Tinto, is targeting first hot metal production from its planned aluminium smelter in Finland in the second half of 2029. Speaking at the CRU World Aluminium Conference in London, Arctial chief commercial officer Maxime Vandersmissen said the project aims to produce around...
Africa’s aluminium sector entered 2026 facing a difficult question: how exposed has the continent’s supply chain become to power disruptions and concentrated production risks? The concern intensified after regional aluminium production declined to 381,000 tonnes in Q1 2026, marking a 6.2 per cent...
Shares of Aluminium Corporation of China Limited slipped 3.38 per cent on Monday, May 11, closing at HKD 11.15 (USD 1.43) from HKD 11.54 (USD 1.48) on the Hong Kong Stock Exchange, amid broader weakness across the commodities sector. According to market data from StockInvest.us dated May 12, 2026,...
During the night session, aluminium alloy 2607 exhibited an overall trend of "retreat after rapid rise, hovering at lows." From the intraday perspective, prices first dipped quickly to around 23,180 after the opening, then rebounded as capital flowed in, briefly surging to around 23,340-23,350,...
Aluminium Bahrain, the world’s largest aluminium smelter on a single site, reported a sharp rise in profitability in Q1 2026 despite operational disruptions caused by regional tensions across the Gulf. Profit attributable to equity holders surged 316 per cent year on year to BHD 75.3 million (USD...
In comparison to the previous day’s close, the London Metal Exchange (LME) aluminium price on May 12 dipped slightly. A similar movement was seen at the LME inventory level, but the live warrants and alumina platts price showed no change from the last day’s closing. The LME cash bid declined by USD...
Global aluminium prices are expected to remain above USD 4,000 per tonne between the third quarter of 2026 and the second quarter of 2027, according to the Commodities Research Unit (CRU). Paul Williams, head of aluminium value chain at CRU, said at the World Aluminium Summit in London that the...
Alcoa Corporation continues to benefit from strong demand in its aluminium business, supported by the packaging, electrical and transportation sectors. The company’s aluminium production capacity has increased following the restart of the San Ciprián smelter in Spain, Alumar in Brazil and Lista in...
Aluminium production outside the Gulf region could also be affected if petroleum coke shortages worsen because the Strait of Hormuz remains closed. A report by JPMorgan Chase & Co. said petroleum coke, a key raw material used in aluminium production, may become a major problem for aluminium...
The US Commerce Department has introduced a new process that would allow steel and aluminium producers from Canada and Mexico to apply for reduced Section 232 tariffs if they commit to investing in manufacturing operations in the United States. Under the proposal, eligible companies could see...
Futures: The most-traded SHFE aluminium 2606 contract closed at RMB 24,690 per tonne, up 0.57 per cent. The price was above MA5 (24,554.00), MA10 (24,614.50), and MA60 (24,532.25), but below MA30 (24,753.83), with short-term moving averages providing support while the price was under pressure at...
On May 11, the London Metal Exchange (LME) aluminium price continued to rise significantly from the previous close, again racing towards a four-year high. Along with the price, the LME inventory also rose compared to the previous day’s close. On the other hand, the LME alumina platts price on May...
As tensions in the Middle East continue to disrupt one of the world’s most critical trade corridors, global aluminium buyers are turning towards China in search of supply stability. But while China’s exports are accelerating rapidly, the bigger question remains - can the country truly offset the...
The most-traded SHFE aluminium 2606 contract closed at RMB 24,380 per tonne, down 0.16 per cent. The price was below MA5 (24,473.00), MA10 (24,628.00), MA30 (24,723.33), and MA60 (24,518.25), with short- and medium-term moving averages all forming resistance and the price breaking below all moving...
The May 8 session on the London Metal Exchange (LME) aluminium prices witnessed a modest recovery from the declining trend experienced in the previous two sessions. The cash price and near-term contracts recorded improved figures, while the bearish momentum of the longer-dated contracts and the...
