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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China's imports of uncalcined petroleum coke remained elevated in March, rising 24.47 per cent year-on-year to 1.4224 million tonnes, though down 13.5 per cent month-on-month, according to data from the General Administration of Customs of PRC (GACC). The average import price stood at USD 242.85...
A temporary dip in the aluminium prices has been noticed when the traders got the ray of hope of reopening the Strait of Hormuz, which continued to show an upward trend due to the ongoing conflict in the Gulf. However, the production data and evolving dynamics of the Chinese markets are deemed to...
London Metal Exchange (LME) aluminium prices recorded improved figures on April 24 compared to the previous close. Cash price reported gains by wide margins, near-term futures contracts recovered from the previous session’s decline, while longer-dated contracts and opening stocks continued to...
According to SMM statistics, as of April 23, aluminium billet inventory across major consumption regions in China totalled 278,000 tonnes, down 14,000 tonnes W-o-W from last Thursday, successfully falling below 280,000 tonnes, largely in line with expectations at the beginning of the month. On...
Macro perspective: Fed nominee Warsh pledged to safeguard monetary policy independence. The US-Iran temporary ceasefire agreement was set to expire on April 22. Trump initially stated it was "extremely unlikely" to extend the ceasefire agreement with Iran, but later on Tuesday local time announced...
UC RUSAL’s 2025 numbers mirror a year with revenue growth but without any profit growth. The world’s largest aluminium producer outside China lifted revenue 22.6 per cent year-on-year to USD 14.81 billion, helped by a 16.4 per cent rise in sales volumes to 4.49 million tonnes, but the benefit was...
Century Aluminum Company has resumed production at the second potline of its Norðurál smelter in Grundartangi, Iceland, several months ahead of schedule. The company confirmed that the first pots in Grundartangi’s second potline have been energised and the remaining units are expected to come...
The most-traded SHFE aluminium 2606 contract closed at RMB 25,005 per tonne in the night session, down 0.22 per cent. The price fell below MA10 (25,094.5) but remained above MA30 (24,701.63) and MA60 (24,524.42), with short-term moving averages forming resistance while medium-term support held. The...
LME aluminium prices softened on April 23 across the curve, with both cash and futures contracts posting marginal declines compared to the previous session, while exchange inventories also edged lower. On April 23, LME aluminium cash bid price stood at USD 3,641.5 per tonne, down 0.23 per cent from...
Vedanta Limited has already delivered a remarkable run for investors. From its INR 87 delisting price in 2020, the stock has surged nearly tenfold over six years. But with that rally largely behind it, a natural question emerges-is there still more value left to unlock? The market doesn’t seem to...
Members of Hydro’s Executive Leadership Team have received shares in Hydro via the Long-Term Incentive plan and purchased shares via the employee share purchase program. Long-Term Incentive Plan Norsk Hydro ASA has a share-based Long-Term Incentive (LTI) program in the form of a maximum...
According to customs data, China's prebaked anode exports in March 2026 were 197,900 tonnes, up 2.75 per cent Y-o-Y and up 46.92 per cent M-o-M. The roughly calculated average export price of prebaked anodes in March was approximately USD 841.66 per tonne, up 7.06 per cent Y-o-Y and down 4.12 per...
The upward trend in the London Metal Exchange (LME) aluminium price continued on April 22, irrespective of the US ceasefire on Iran. A significant rise has been seen in the cash offer as well as the longer-dated contracts. On the contrary, there has been a slight dip in the LME inventory. On April...
Europe’s aluminium premium has climbed to a near four-year high, but buyers are resisting elevated levels, with at least one deal reportedly struck below the benchmark. Mercuria, a global commodities trader, sold metal at a discount of USD 10 to USD 15 per tonne below Fastmarkets’ assessed premium,...
President Claudia Sheinbaum said Mexico is seeking an early agreement with the United States on aluminium, steel and automobiles ahead of the review of the United States-Mexico-Canada Agreement (USMCA). For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium...
SHFE aluminium closed at RMB 24,890 per tonne, down 0.44 per cent. The price fell below MA10 (25,026) and MA5 (25,269), with short-term moving averages forming resistance, but it remained above MA30 (24,738.83) and MA60 (24,486.08), indicating that medium-term support still exists. The MACD...
The General Administration of Customs released import and export data for March 2026 today. Customs data showed: imports of unwrought aluminium alloy in March 2026 were 84,400 tonnes, down 5.7 per cent Y-o-Y and up 28.2 per cent M-o-M. Cumulative imports from January to March 2026 were 240,500...
On World Earth Day, Vedanta Limited (NSE: VEDL), India’s leading metals, oil & gas, critical minerals, power, and technology conglomerate, announced an over 50 per cent increase in renewable energy usage to 3.97 billion units (BU) in FY26 as compared to the previous fiscal year, avoiding 3 million...
