The London Metal Exchange (LME) aluminium price chart continued to rally, reporting gains over the October 26 close in the October 27 trading session across the pricing and contract segments. Asian Reference Price gained 1.5 per cent, while aluminium inventories continued to falter. The LME aluminium cash bid price gained 1.02 per cent on October 27, rising to USD 3,077.5 per tonne from USD 3,046.5 per tonne. The offer price surged to USD 3,078 per tonne from USD 3,047.5 per tonne , up 1 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid as well as offer prices reported a 1.22 per cent rise. The bid surged to USD 3,062...
The London Metal Exchange (LME) aluminium price chart recovered in the October 26 trading session across the pricing and near-term contract segments compared to the October 23 close. Longer-dated contracts, inventories, and the alumina price, however, edged lower. The LME aluminium cash bid price gained 0.13 per cent on October 26, advancing from USD 3,042.5 per tonne to USD 3,046.5 per tonne. The offer price surged from USD 3,043 per tonne to USD 3,047.5 per tonne , up 0.15 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid price reported a 0.27 per cent rise from USD 3,017 per tonne on October 23 to USD 3,025 per tonne...
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The United States’ aluminium supply chain, a backbone for its automotive, construction, and packaging sectors, has been jolted once again by Washington’s swing back to protectionist trade policy. On March 12, 2025, the Trump administration reinstated a 25 per cent blanket tariff on all aluminium imports. Gone are the country-specific exemptions that had cushioned critical trading relationships. The move, though positioned as a nationalist push to strengthen domestic production and protect strategic industries (in the name of national security), is already sending ripple effects across global suppliers and US aluminium traders. For many of the top US importers who have built long-term supply relationships and optimised costs around global sourcing, this isn’t just a policy hiccup, but a...
United Company (UC) Rusal, the world's second-largest aluminium company by primary production output, has announced the issuance of non-documentary interest-bearing non-convertible exchange-traded bonds under the BO-001P-14 series. With over 11 million bond pieces, each has a nominal value of RMB 1,000. The firm has set a maturity date of 728 days, which will begin from the start of the bond placements. Is this a strategic financial decision? Image source: wikipedia.com The firm has issued nearly 11 million bonds, a strategic financial move for raising capital via an open subscription made under the Moscow Exchange. These bonds of the firm have been included under the "Second level" section of Moscow's Exchange list of securities, which is also subject to trading. By listing on the Moscow...
As of May 14, 2025, the share price of National Aluminium Company (NALCO) had witnessed a rise of 4.92 per cent, where the price stood at INR 173.48 (USD 2.08) as of 15:30 IST. The increase in the firm's stock price shows a positive upward trend during the current trading period. Is this an indication of the upward trend prevailing in the Indian aluminium industry? Image source: iStock Indian major aluminium key players have witnessed an increased stock price, which includes NALCO, Hindalco and Vedanta. However, among these key players, NALCO is deemed to have an increased stock price daily till May 14. On May 12, 2025, NALCO's share price went up by 7.12 per cent , trading at INR 168 (USD 1.98) from its previous close on May 10, 2025. This intraday performance indicates strong market...
As of the end of April 2025, aluminium inventories at Japan’s three major ports — Yokohama, Nagoya and Osaka — have reached 320,300 tonnes, up 3.4 per cent from March’s 309,700 tonnes, according to Marubeni Corp data. In parallel, as disclosed previously, the import premium for primary aluminium shipments into Japan plunged 20 per cent quarter-on-quarter to USD 182 per tonne in Q2 2025, the first quarterly decline in five quarters, based on nine trades concluded between March 24-27, as reported by S&P Global Platts and Reuters sources. Meanwhile, domestic consumption fell 3.3 per cent to 3.35 million tonnes in the January-November 2024 period. Building sector demand slid 7.7 per cent to under 350,000 tonnes, and automotive usage dropped 4.1 per cent to 1.45 million tonnes, per Japan...
Officially going ex-dividend as of May 12, 2025, Norsk Hydro ASA has plans for a payout of NOK 2.25 per share for the financial year 2024. The action of the global behemoth offers a window into the financial fortitude of one of the most vertically integrated aluminium companies amid ongoing global market turmoil. Hydro’s dividend was approved at the company’s Annual General Meeting held on May 9, with a record date set for May 13 and payment scheduled on May 20, 2025. The NOK 2.25 dividend translates into a yield of approximately 4.8 per cent at the stock’s May 9 closing price of NOK 46.70 on the Oslo Stock Exchange. This payout sits at the upper end of Hydro’s long-standing capital return policy, targeting 50 per cent of adjusted net income, highlighting continued confidence in the...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on a single site, released its financial results for the first quarter of 2025, marked by strong revenue growth but compressed margins due to rising production costs. Topline surge powered by price and premium upswing Alba recorded a 22.2 per cent year-on-year (Y-o-Y) increase in revenue, reaching BHD 408.9 million (USD 1.09 billion) in Q1 2025 compared to BHD 334.6 million (USD 889.8 million) in Q1 2024. The growth was driven by a 20 per cent Y-o-Y rise in LME aluminium prices, averaging USD 2,629 per tonne, alongside a 38 per cent jump in regional premiums. However, the revenue bump failed to translate into bottom-line strength. Gross profit dropped by 11.3 per cent Y-o-Y to BHD 50.8 million (USD 135.1 million), and...
China and the US struck a trade deal on May 12 in Geneva, prompting a collective sigh of relief from businesses and exporters, not just at home, but across the globe. After almost 90 days of retaliatory tariffs and spiralling economic tension, this long-awaited breakthrough spells hope for the aluminium sector that had been buckling under pressure. This AI-generated image is for representational purposes only Aluminium imports into the US from China peaked in 2022 but have trended downward since. The ongoing calendar year has only intensified the decline , as trade tensions escalated. While the original optimism around steel and aluminium tariffs centred on strengthening domestic production business, the compounding layers of tariffs, first by the US, and then countered by other nations,...
Novelis Inc., the premier manufacturer of flat-rolled aluminium goods and the world’s largest recycling company, has announced its financial performance for the fourth quarter and fiscal year 2024-25. As per the records, strong shipments throughout the year backed by increased demand for beverage packaging continue to remain the fundamental strength of the business. Q4 2025 highlights Net sales for the fourth quarter of fiscal year 2025 rose by 13 per cent Y-o-Y to $4.6 billion from $4.1 billion, primarily due to higher average aluminium prices and a 1 per cent increase in total rolled product shipments, reaching 957 kilotonnes. Stronger demand in beverage packaging, aerospace and specialty products helped drive growth, partially offset by a decline in automotive shipments. Net income...
After prolonged consultations and bilateral discussions with the United States regarding the 25 per cent tariffs on aluminium and steel exports, India has officially proposed the imposition of retaliatory duties under World Trade Organization (WTO) guidelines. These countermeasures, scheduled after 30 days from the notice, could take the form of suspending concessions previously extended to the US or adjusting tariff rates on select American imports. Through these measures, India aims to recover an estimated USD 1.9 billion, an amount it would require to pay to the US government for exporting USD 7.6 billion worth of aluminium and steel products. According to a WTO communication cited by a PTI report, "The safeguard measures would affect $7.6 billion worth of imports into the U.S. of...
The Indian aluminium market witnessed a strong upward trend on Monday, May 12, with significant gains in the stock prices of major players - NALCO, Hindalco, and Vedanta. Among these, NALCO emerged as the standout performer, with its stock price soaring by 7.4% over the weekend to surpass INR 168 (USD 1.98). Vedanta and Hindalco followed with gains of 7% and 3.8%, respectively. As of 2:36 PM IST, NALCO's share was traded at INR 168 (USD 1.98), representing a notable increase of INR 11.16 or 7.12% from its previous close on May 10. The intraday performance signaled strong market momentum and heavy buying interest. NALCO began the trading session at INR 162.39 (USD 1.91), up from its Friday close of INR 156.84 (USD 1.85). Throughout the day, it fluctuated between a low of INR 161.36 (USD...
A leading Indian producer of energy transition metal, Vedanta Group, on National Technology Day, i.e., May 10, 2025, promised to power India's technology and engineering sector. The firm aims to increase production of the transition metals alongside the value-added products. With this focus, the company is undertaking the expansion of its aluminium and zinc products, which shall further include a 30,000 tonnes per annum (kilo-tonnes per annum) plant of zinc alloys. Image source: Adobe The plan ahead Concerning the aluminium sector, Vedanta is looking forward to strategically increasing the share of its value-added products by over 90 per cent as their short-term plan. For this, the firm's board has permitted a total investment of USD 105 billion to support capacity expansion of both...
Geo-political conflicts often have ripple effects on metal markets, disrupting trade flows and driving commodity price volatility. A clear example is the ongoing Ukraine-Russia conflict, which has altered the dynamics of the global aluminium market. Firstly, within less than a month following the onset of the conflict in 2022, the aluminium prices on the London Metal Exchange (LME) surged by 34 per cent, reaching almost USD 4000 per tonne in early March, then followed a wave of Western sanctions against Russia, triggering supply chain disruptions, increasing concentration of aluminium in London Metal Exchange (warehouses), potential shortages, and ultimately production cuts, especially in Europe, a region historically dependent on Russian aluminium. The Ukraine-Russia conflict has deeply...
A Saudi state-owned mining company, Ma’aden, also known as Saudi Arabian Mining Co., has reported a strong operational performance for the first quarter of 2024, with a year-on-year increase in alumina, primary aluminium, and flat-rolled (FRP) production. Among all the products mentioned above, flat-rolled production recorded the highest increase of 48 per cent, followed by alumina 9 per cent, and primary aluminium 1 per cent. As per the figures revealed by the company, aluminium flat-rolled production totalled 72,000 tonnes in Q1 2025, compared to 57,000 tonnes in Q1 2024, while alumina and primary aluminium output amounted to 478,000 tonnes and 249,000 tonnes, respectively. Flat-rolled product sales volumes also surged 26 per cent Y-o-Y, boosting Ma’aden’s financial outcome, with...
On May 8, 2025, Bosnia's FEAL Group inaugurated a EUR 32 million aluminium processing plant in Croatia. Located in Karlovac, this facility is FEAL's first manufacturing site outside Bosnia and Herzegovina. The investment aims to enhance the company's regional presence and production capabilities. Image source: feal.ba The new plant specialises in advanced pressing, plasticising and mechanical processing of aluminium profiles. This expansion will boost FEAL's production capacity and meet growing market demands. FEAL's decision to invest in Croatia aligns with its strategy to strengthen its position in the aluminium industry. The Group expects to produce around 6,600 tonnes of aluminium profiles in the plant’s first full production year, said marketing head Vjekoslav Boskovic. The plant is...
Plenty has been ensuing between China and the US since February, as the US President imposed tariffs on China phase by phase. Starting with a 10 per cent tariff on steel and aluminium, the US tariffs for importing goods from China eventually range between 145 per cent and 245 per cent, leading to an unavoidable trade war impacting the entire global economy. Sensing the heat on both sides of the table, the nations have finally decided to talk it out! Image for representational purposes only In what could be a pivotal ice-breaker moment, US Treasury Secretary Scott Bessent and top trade envoy Jamieson Greer are set to meet China’s economic czar, He Lifeng, in Switzerland this weekend. The high-stakes talks come as tensions between the world’s two largest economies spiral into what Bessent...
There was widespread speculation that US aluminium imports might surge ahead of the 25 per cent tariff implementation on March 12, driven by businesses rushing to bring in shipments before the duty took effect. At the same time, concerns mounted over the potential impact of the tariffs on aluminium inflows, particularly from Canada, the United States’ largest supplier, accounting for 57 per cent of its total aluminium imports. Major American producers like Alcoa, which manufactures 70 per cent of its aluminium in Canada, also raised serious alarms about the possible consequences of the policy. Now, with the US import data for January and February 2025 available, it’s time to assess what actually happened. Did aluminium imports spike ahead of the tariff, or did the impending duty already...
Century Aluminum Company, boasting a potent market capitalisation of USD 1.47 billion, reported its first-quarter 2025 earnings, revealing a substantial miss in earnings per share or EPS (USD 0.29 vs USD 0.44 last year) compared to expectations. The company’s adjusted EPS stood at USD 0.36, falling short of the projected USD 0.61. Revenue surpassed forecasts, coming in at USD 634 million against an anticipated USD 577.2 million, marking a 0.48 per cent year-on-year (Y-o-Y) uptick from USD 630.9 million in Q1 2024. Following the announcement, Century Aluminum’s stock declined 5.18 per cent in after-hours trading, closing at USD 15. With a beta of 2.7, the stock demonstrates higher volatility relative to the broader market. The stock’s movement positions it closer to its 52-week low of USD...
Researchers from the Max Planck Institute for Sustainable Materials (MPI-SusMat) in Germany have developed a new innovation that helps overcome the dilemma of aluminium's embrittlement , leading to cracking and failure when exposed to hydrogen. The problem In collaboration with partners from China and Japan, the researchers have introduced a groundbreaking alloy design strategy that resolves a long-standing trade-off. Their innovative approach achieves both outstanding strength and enhanced resistance to hydrogen embrittlement (HE), marking a significant step toward safer and more efficient aluminium components for the hydrogen economy. It is known that inspite of aluminium's widely valued nature for low weight and corrosion resistance, the green-metal faces a major hindrance when exposed...
