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 a good gain on Wednesday, October 29, the London Metal Exchange (LME) aluminium price slipped drastically on Thursday, October 30. On Thursday, the LME cash bid fell by USD 66 per tonne or 2.3 per cent to reach USD 2,825 per tonne, down from USD 2,891 per tonne. Similarly, the LME cash offer...
Cameroon’s aluminium production dropped sharply in the first quarter of 2025, falling by about 40.8 per cent, according to the Ministry of Finance’s recent report. The fall came after a major technical fault forced more than half of the country’s electrolysis cells to shut down. Explore- Most...
SHFE aluminium bottomed out in the morning session. In the first trading period, SHFE aluminium fluctuated downward, falling from around RMB 20,250 per tonne to about RMB 20,200 per tonne. In the second trading period, it rebounded to around RMB 20,280 per tonne. In East China, the absolute high...
On October 29, LME aluminium prices strengthened, reflecting steady demand and market optimism. The cash bid price rose to USD 2,891 per tonne, up 1.14 per cent from USD 2,858.5 per tonne on October 28, while the cash offer increased by a similar margin to USD 2,891.5 per tonne from USD 2,859 per...
The Aluminium Association of India (AAI) is urging the Department for Promotion of Industry and Internal Trade (DPIIT) and the Ministry of Finance to take swift action to prevent a looming aluminium shortage in the country, reminiscent of the issues seen with critical and rare minerals. AAI’s...
The London Metal Exchange (LME) aluminium price witnessed a sharp decline on Tuesday, October 28. However, the live warrants and the price of aluminium platts remained unchanged from the previous close. As of Tuesday, October 28, both the LME cash bid and offer price declined by USD 20 per tonne or...
More than three years and the shockwaves of energy crisis in Australia are still being felt loud and clear. Caused by not one particular factor, the crisis began in the spring of 2022 (April-July) due to the spike in international gas prices, domestic plant outages, and weak renewable power...
Larsen & Toubro’s (L&T) Minerals & Metals (M&M) business has bagged multiple large contracts in India, strengthening its foothold across the aluminium and steel industries. Image for representational purpose The company has received an order from Hindalco Industries to set up a 180 KTPA aluminium...
For more than a century, Quebec’s Saguenay–Lac-St-Jean region has been more than just a hub of aluminium production — it’s the soul of Canada’s aluminium industry. The gleaming metal shaped its economy, built its communities, and earned the area its proud nickname: “aluminium valley.” But the deep...
Aluminium Corporation of China Limited (CHALCO), a global enterprise in the aluminium industry, has announced robust earnings for the nine months ended September 30 2025, signalling stable progress despite volatile market conditions. The company reported sales of RMB 17.65 billion (approx USD 2.48...
Qatar Aluminium Manufacturing Company (QAMCO) reported a strong performance for the third quarter and the nine months ended 30 September 2025, driven by firmer aluminium prices, steady output, and solid market demand. In Q3 2025, the company produced 172 thousand metric tonnes of aluminium, a small...
Egyptalum or Egypt Aluminum, the largest aluminium producer in Egypt and a key player in Africa's industry, has announced a significant 43 per cent drop in net profits for the first quarter of FY2025/26 compared to last year. Net profit According to its most recent financial report, the Egypt-based...
London Metal Exchange (LME) aluminium prices strengthened between October 24 and October 27, supported by steady demand and tightening inventories. On October 27, the LME aluminium cash bid stood at USD 2,878.50 per tonne, up USD 26 from USD 2,852.50 on October 24. The cash offer also rose USD 26,...
Odisha's Chief Minister Mohan Charan Majhi met with Vedanta Group Chairman Anil Agarwal on Thursday to lay out a strategic investment plan aimed at boosting the state's industrial and economic growth. Their discussion centred on how Vedanta's ambitious development projects can align with the Prime...
On October 17, the AICE 2025 SMM (14th) Aluminum Industry Annual Conference, hosted by SMM Information & Technology Co., Ltd. (SMM), successfully concluded in Zhengzhou, Henan. The conference brought together renowned experts, scholars, and prominent enterprise leaders from the global aluminium...
One of the major shareholders in the Tomago aluminium smelter, situated north of Sydney, has decided to write down the value of its investment in the facility to zero. This move raises serious concerns about the smelter's long-term viability as the largest single consumer of electricity in...
Major futures prices for key non-ferrous metals – copper, aluminium, and nickel – on the Shanghai Futures Exchange (SHFE) all rose during the week of October 17-24, supported by improving macroeconomic sentiment both at home and abroad. By the close of the daytime trading session on Friday, the...
Aluminium prices on the London Metal Exchange (LME) saw a boost on Friday, October 24, as both cash and three-month contracts ticked up slightly, coinciding with a slight drop in warehouse inventories. On October 24, the LME aluminium cash bid stood at USD 2,852.5 per tonne, up USD 9.5 or 0.33 per...
