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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In Ciudad Juárez, a vital manufacturing centre near the Mexican-US border, many companies that mainly cater to the US market have recently made some tough decisions to cut their workforce. These layoffs are primarily linked to the effects of the US administration’s tariff policies, which have...
Panorama of Aluminium Inventory During the Double Holiday: Mild Overall Buildup with Significant Regional Divergence Following the 8-day Double Holiday, SMM monitored changes in China's aluminium ingot and aluminium billet inventories before and after the National Day holiday. In 2025, domestic...
On Friday, October 10, the London Metal Exchange (LME) aluminium price for both cash bid and offer rose by USD 13 per tonne or 0.5 per cent and each settled at USD 2,799 per tonne and USD 2,799.5 per tonne. The LME 3-month bid price rose by USD 6.5 per tonne or 0.23 per cent and finally stood at...
Price, policy, and projects – the three Ps - have defined the pulse of the global upstream aluminium industry this week. The sector has been abuzz with record-high prices on the London Metal Exchange, strategic investments in bauxite projects, and reports of a potential full-scale restart of a...
The IBAAS–IMMT–IIM 2025 conference in Bhubaneswar, held from October 8 to 10, brought together researchers, policymakers, and industry veterans from around the world to talk about the future of aluminium. It wasn’t just another technical meet. It felt more like a statement — that India is ready to...
US imports of containerised goods fell 8.4 per cent in September compared with a year earlier, reflecting the impact of President Donald Trump’s tariff policies. Shipments from China dropped sharply by 22.9 per cent, according to new data released on Thursday. The effect was seen on aluminium ,...
The upward trajectory of the London Metal Exchange (LME) aluminium prices followed on Thursday, October 9, where both the cash bid and offer rose by USD 36 per tonne or 1.3 per cent, marking each at USD 2,786 per tonne and USD 2,786.5 per tonne, respectively. At the same time, the LME 3-month bid...
India’s leading integrated aluminium producer, National Aluminium Company Ltd (NALCO), recorded 11,005,871 shares on October 8, with a total turnover of approximately INR 244.13 million (USD 27.5 million). The stock opened at INR 218.15 (USD 2.456) and climbed to an intraday high of INR 223.23...
Resource development and recycling A core priority of the plan is to strengthen resource development and utilisation. Strategic initiatives will target breakthroughs in the exploration of key minerals such as copper, aluminium, lithium, nickel, cobalt, and tin. Regions with favourable conditions...
When aluminium crossed paths with ambition, Carney and Trump found common ground, transforming the landscape of North American trade. Carney mentioned that he and Trump discovered a shared understanding on topics like aluminium, steel and energy, suggesting a potential for closer cooperation within...
A massive leap in the London Metal Exchange (LME) aluminium price is seen on October 8, 2025, when the price surged significantly. However, the cancelled warrant rose on the same day. Both the LME aluminium cash bid and offer price went up by USD 37 per tonne or 1.4 per cent and each settled at USD...
Argentina’s government has suspended export taxes on aluminium , steel and related products from Wednesday to boost export competitiveness and stimulate industrial output. The policy, effective until 31 December 2025, applies only to destinations where import tariffs are at least 45 per cent. It...
Vedanta Limited has reported record-breaking aluminium and alumina production in its second-quarter (Q2) results for FY2025-26, released on Saturday, October 4. The Indian producer said both first-quarter and first-half aluminium output reached all-time highs, supported by improved operational...
Emirates Global Aluminium (EGA), a leader in global aluminium production, is reportedly looking into the possibility of acquiring Companhia Brasileira de Aluminio (CBA), a supplier of low-carbon aluminium, as per two sources who are in the know. CBA's comprehensive operations that cover the entire...
The persistent supply chain concerns owing to growing demand in tandem with improved industrial operating rates have reportedly driven aluminium prices up by 0.64 per cent, reaching INR 261.35 (USD 2.94). Limited Chinese aluminium output coupled with supply chain disruptions in Guinea have...
On Tuesday, October 7, the London Metal Exchange (LME) cash bid rose by USD 1 per tonne or 0.03 per cent and settled at USD 2,713 per tonne. The LME cash bid inched up by USD 0.5 per tonne or 0.02 per cent and is currently priced at USD 2,713.5 per tonne. A similar trend has been witnessed in the...
Hub Power Company Limited (HUBC), the largest independent power producer in Pakistan, is looking to set up an aluminium smelter in Karachi. This move could help absorb the country’s surplus electricity while adding industrial value. In a recent meeting, CEO Kamran Kamal and CFO Muhammad Saqib...
Century Aluminum Company has extended its power agreement with South Carolina Public Service Authority (Santee Cooper), securing reliable electricity for the Mt. Holly smelter through 2031, an essential step toward restarting idle capacity at the Charleston-area facility. The renewed PPA advances...
