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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After slipping by 1.1 per cent, the aluminium prices settled at INR 346.1, which is influenced by a stronger US dollar, with the future hope for further interest rate cuts from the Federal Reserve seeming to be fading. Irrespective of the dip, aluminium prices were supported throughout the week,...
Normally, the NBS consolidates production data for January and February to minimise distortions caused by the Chinese New Year (CNY) holiday, which usually falls in either of the two months, Mysteel Global notes. To know more about the global primary aluminium industry 2026 outlook, book the report...
Futures: In the night session on March 16, the SHFE aluminium 2605 contract opened at RMB 24,975 per tonne, hit an intraday high of RMB 25,080 per tonne and a low of RMB 24,865 per tonne, and finally closed at RMB 24,970 per tonne, down RMB 200 per tonne from the previous close, or 0.79per cent....
The SHFE aluminium 04 contract opened higher and extended gains today, while market transactions were relatively sluggish. Futures later fell, and as buying sentiment strengthened and price acceptance improved, transaction prices in the spot market moved higher. Today’s mainstream quotations and...
On March 16, the London Metal Exchange (LME) aluminium price, even after being amidst the war and supply crunch due to the temporary closure of the Strait of Hormuz, after days of an upward rising trend, has calmed down. However, at the longer dated contracts, the LME price seems to continue its...
Unable to secure a long-term, affordable electricity supply , South32 has placed the Mozal Aluminium Smelter near Maputo, Mozambique, on care and maintenance, effective March 15, 2026. The move effectively brings 25 years of primary aluminium production at the site to a conclusion. Explore- Most...
Russia proposed cooperation with West Kalimantan Province, Indonesia, on nuclear power development, aluminium processing and education during a visit by Ambassador Sergey Tolchenov to the Indonesian province in early March 2026. To know more about the global primary aluminium industry 2026 outlook,...
The Government of Mozambique is seeking negotiations to prevent a permanent shutdown of the Mozal Aluminium Smelter. Owned by South32, Africa’s largest aluminium smelter, Mozal is to suspend operations from March 15, owing to unsustainable electricity costs. As the smelter is a key pillar of the...
Aluminium Bahrain BSC (Alba), the world’s largest aluminium smelter operating on a single site, has initiated a controlled and safe shutdown of Reduction Lines 1, 2 and 3. These lines account for approximately 19 per cent of Alba’s total annual production capacity of 1.62 million tonnes. The...
The cash aluminium price on the London Metal Exchange (LME) edged higher on March 13 compared with the previous day, while the 3-month contract and longer-dated futures declined. Warehouse stocks on the exchange also fell slightly. On March 13, the LME aluminium cash bid price stood at USD 3519.5...
Futures: In the night session on March 13, the SHFE aluminium 2605 contract opened at RMB 25,130 per tonne, hit an intraday high of RMB 25,200 per tonne and a low of RMB 24,960 per tonne, and finally closed at RMB 24,965 per tonne, down RMB 105 per tonne, or 0.42 per cent, from the previous close....
Macro perspective: The Middle East turmoil triggered by a joint US-Israeli military strike on Iran became the biggest geopolitical black swan for the global primary aluminium market, potentially causing supply disruptions on the scale of millions of metric tons while also pushing up smelting costs....
The aluminium value chain has been shaped by a mix of expanding raw material supply, geopolitical tensions and shifting market signals. While bauxite mining activity has continued to grow across several producing regions, developments further downstream - particularly around the Strait of Hormuz -...
The once prominent aluminium producer in Latin America, Venezuela’s aluminium industry has experienced a dramatic decline over the past decade, largely due to persistent electricity shortages, ageing infrastructure and prolonged political and economic instability. The sector, which once produced...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on one site, held its 16 th Annual General Meeting (AGM) on Thursday, 12 March 2026, via virtual attendance, in accordance with applicable regulations. The meeting was chaired by His Excellency Mr Khalid Omar Al Rumaihi,...
The Director General of Foreign Trade (DGFT) at the Ministry of Commerce & Industry has been reached out by the Aluminium Association of India (AAI), asking them to remove aluminium and its products from the recent government notification. This took effect immediately, slashing the Remission of...
The Middle East tensions continue to drive the London Metal Exchange (LME) aluminium prices. March 12 witnessed the LME aluminium cash price soar and surpass the USD 3,500 mark. Similarly, 3-month contracts reported gains, while exchange inventories continued to slide. The LME aluminium cash bid...
Norsk Hydro has confirmed that aluminium production at the integrated aluminium complex Qatalum, Hydro’s joint venture with Qatar Aluminum Manufacturing Company QPSC (QAMCO), will continue at around 60 per cent capacity. The announcement followed the initial announcement of a controlled shutdown of...
