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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Texmaco Rail & Engineering Limited has received a domestic order worth INR 571.5 million (USD 6 million), including taxes, from Vedanta Aluminium for the supply and commissioning of two BTAP rakes and two BVCM units. The company disclosed the order under SEBI’s Listing Obligations and Disclosure...
Domestic aluminium prices in India increased w-o-w as of 7 May 2026, supported by firmer trends on the London Metal Exchange (LME) and the Multi Commodity Exchange of India (MCX). As per market assessments, P1020 ingot prices in Delhi NCR rose by INR 4,500 per tonne, or 1.2 per cent, W-o-W to INR...
中文翻译附于新闻末尾，敬请继续阅读。 The global bauxite market began 2026 with an unusual divergence. While the United States continued moving away from primary aluminium inputs, Guinea strengthened its grip on the global bauxite trade through surging exports to China, reshaping the balance of raw material flows...
Azerbaijan is the new route for aluminium shipment from Russia to Armenia, symbolising close ties between the countries. Azerbaijan Railways confirmed two railcars carrying aluminium departed on May 7, forming part of a new transit route linking Russia to Armenia through Azerbaijani territory. The...
The most-traded SHFE aluminium 2606 contract closed at RMB 24,410 per tonne, up 0.12 per cent. The price was below MA5 (24,513.00) and MA10 (24,692.50), but still above MA30 (24,699.00) and MA60 (24,496.92), with short-term moving averages forming resistance while medium-term support remained...
For more than a decade, the phrase “industrial overcapacity” has been shorthand for possible inefficiency in China’s heavy industries — too many smelters, too much idle infrastructure, too much capital trapped in sectors that Beijing has repeatedly tried to rationalise. Aluminium has often sat at...
Century Aluminum entered 2026 with an improved earnings, but beneath the headline numbers, the quarter reflected two contrasting trends - stronger aluminium pricing and asset-sale gains on one side, and operational disruption in Iceland weighing on shipments on the other. The company reported net...
In testimony during a public hearing on Section 301 investigations, the Aluminum Association today urged the Office of the United States Trade Representative (USTR) to take targeted, enforceable action to address structural excess capacity driven by non-market economies. Association President & CEO...
The downward movement in the London Metal Exchange (LME) aluminium price continued on May 7 after the previous day's close. The LME inventory also declined, but only the live warrants showed no change from the previous day. The LME cash bid inched down further from USD 3,596 per tonne on May 6 to...
Tsingshan Holding Group has applied to make aluminium produced by its Hua Chin smelting joint venture in Indonesia deliverable on the London Metal Exchange, according to a notice issued by the London Metal Exchange. If approved, Hua Chin would become only the second Indonesian high-grade primary...
American Steel and Aluminum (ASA) has opened a new 50,000 square-foot integrated contract manufacturing facility in Syracuse, New York. The new site is the company’s second facility in the city and is aimed at increasing production and processing capacity. The expansion comes as demand rises from...
The International Bauxite, Alumina & Aluminium Society (IBAAS) has received an impressive lineup of technical paper submissions for its upcoming Aluminium Conference & Exhibition, scheduled to be held from September 9–11, 2026, in Jharsuguda, India. The accepted papers cover a broad spectrum of...
Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, and ADNOC Distribution, the UAE’s largest mobility and convenience retailer, today announced the signing of a strategic agreement at Make it in the Emirates on industrial lubricants supply, supporting UAE industrial...
The most-traded SHFE aluminium 2606 contract closed at RMB 24,500 per tonne in the night session, down 0.77 per cent. The price fell below MA5 (24,577.00) and MA10 (24,753.50) but remained above MA30 (24,675.83) and MA60 (24,504.42), with short-term moving averages forming resistance while...
With comparison to the previous day's close, on May 6, the London Metal Exchange (LME) aluminium price dropped. The drop has been seen in the longer-dated contracts as well as at the inventory level. On May 6, both the LME cash bid and cash offer dropped by USD 35.5 per tonne or 1 per cent, where...
EFG Hermes has been appointed as the sole financial advisor to Metallurgical Industries Holding Company (MIH) and Egyptalum on a new partnership with Trafigura to build a primary aluminium smelter in Egypt. The project will be developed through a newly created company, NewCo, which will be...
“Dear Valued Shareholder, Your Company, Vedanta, is embarking on a very exciting new chapter, where strong performance meets exceptional transformation. The stage is set for the next phase of growth and value creation. And you remain at the heart of everything we do. We are always committed to...
National Aluminium Company (NALCO) has received a ‘Buy’ rating by the brokerage Axis Securities, estimating a projection of 10 per cent upside from current standard market levels, while cautioning that rich valuations could limit additional gains. Axis has elevated NALCO’s target price from the...
