The London Metal Exchange (LME) aluminium price graph contracted on September 10 across cash and contracts, with longer-dated contracts reporting nearly 1 per cent decline. The aluminium opening stocks, however, remained stable. The LME aluminium cash bid price shifted from USD 3,351.5 per tonne on...
Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 2 Impact #5 of ad hoc industrial policy: Failing to use all required tools Industrial policy is often caricatured as just tariffs and subsidies. Mis-framed debates that evaluate the merits of tariffs in...
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Century Aluminum Company (CENX) has reported higher costs and expenses in 2025. Cost of sales increased by 10.9 per cent compared to the previous year. Selling, general and administrative expenses rose by about 41 per cent. Other operating costs also increased by more than 100 per cent. The main...
The NSW Government has been called upon by the Australian Workers’ Union (AWU) to conclude the financial support with consideration of the Tomago aluminium smelter. The union warned that any hold-ups could jeopardise jobs and weaken Australia’s industrial strength. Within the recently released...
After two days of declining price trend, on March 24, the London Metal Exchange (LME) aluminium price rose significantly. However, the longer-dated contracts were deduced from the previous season. The LME alumina platts price also rose from the last day. Both the LME cash bid and offer rose by USD...
The federal and Queensland governments of Australia are to jointly sponsor a USD 2 billion support package for Australia’s second-largest aluminium smelter, the Boyne aluminium smelter of Rio Tinto. The joint funding is being rendered as a large-scale renewable energy transition while aiming to...
The largest alumina producer in Europe is reported to supply the aluminium smelting raw material to the defence industry of Russia. The shipment is said to have started from Ireland's Aughinish plant and is subject to the US and EU sanctions. In the production of military equipment, the need for...
As the US-Israel conflict with Iran persisted, blocking the Strait of Hormuz, Emirates Global Aluminium (EGA) secured an alternative route for export activities last week, easing the global trade disruption along the Middle East route. The impact was immediate, as the London Metal Exchange (LME)...
Aluminium prices remained low, dipping by 0.12 per cent to settle at USD 330.9 per kilogram, as mixed supply developments and demand concerns kept the market range-bound. However, output has picked up in some regions, with Alvance British Aluminium increasing production at its Lochaber smelter by...
Futures: In the night session on March 24, the most-traded SHFE aluminium 2605 contract opened at RMB 23,655 per tonne, hit an intraday high of RMB 23,895 per tonne and a low of RMB 23,610 per tonne, and finally closed at 23,810 per tonne. Open interest in the night session stood at 266,000 lots,...
The Tomago aluminium smelter is planning to shift to renewable electricity, with an expectation of targeting 50 per cent renewable energy by 2030 and 100 per cent by 2035, while also strengthening the case for government-backed financial support. To know how the Middle East crisis is affecting the...
Century Aluminum Company (NASDAQ: CENX) today announced that Levi Chaffin has been promoted to Senior Vice President of Operations, Americas. He will continue to lead Century’s operations in the United States and Jamaica. Explore- Most accurate data to drive business decisions with Global ALuminium...
Recently, the investors informed that Alcoa’s San Ciprián smelter has ramped up to 90 per cent of its capacity. The smelter, located in Spain, by mid-year, especially after experiencing some earlier cutbacks, is expecting to reach its full capacity. Back in 2021, the smelter's production was...
Futures: During the night session on March 23, the most-traded SHFE aluminium 2605 contract opened at 23,850 per tonne, hit an intraday high of 23,855 per tonne and a low of 23,615 per tonne, and finally closed at 23,750 per tonne. Open interest in the night session stood at 267,000 lots, down 113...
Given the volatility rising due to the Middle East crisis and the temporary closure of the Strait of Hormuz, the London Metal Exchange (LME) aluminium prices seem to be high one day but again trembling on the other. March 23 saw such a time, where the LME aluminium prices, including the...
Vedanta Aluminium hosted Kiran Bedi at its Jharsuguda plant, where she addressed over 1,000 participants at a town hall held as part of the company’s Women’s Day initiatives. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain...
Futures: In the night session on March 20, the most-traded SHFE aluminium 2605 contract opened at RMB 24,100 per tonne, hit an intraday high of RMB 24,160 per tonne and a low of RMB 23,450 per tonne, and finally closed at RMB 23,530 per tonne, down RMB 490 per tonne from the previous close, a...
Aluminium prices on the London Metal Exchange (LME) improved on March 20 compared to the previous close. Cash price reported gains by wide margins, futures contracts recovered from the previous session’s decline, while opening stocks continued to slide. The LME aluminium cash bid price rose from...
This week, the weekly operating rate of leading downstream aluminium processing enterprises in China edged up 1 percentage point w-o-w to 62.9per cent, with signs of the peak season slightly emerging and demand gradually being released. Specifically, the operating rates of leading enterprises in...
Alcoa has reported an increase in orders as supply disruptions in the middle east continue to alter global aluminium trade flows, tightening availability across key markets. The shift follows the closure of the Strait of Hormuz, which has redirected significant volumes of metal. Alcoa, which...
