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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National Aluminium Company (NALCO), an Indian government-owned company that mines bauxite, refines it into alumina and produces aluminium, experienced a notable surge in its stock price on September 2, 2025, along with the high trading volume and outstanding financial growth. NALCO's stock climbed...
July has historically been the strongest month for primary aluminium production, and 2025 was no exception. Global output exceeded 3.8 million tonnes, a month-on-month increase of 3.17 per cent. Although this marked a record high, the growth rate was slightly weaker than the 4.07 per cent recorded...
Asia-Pacific, where labour is affordable, setup costs of plants are cheaper and regulations are more friendly for business owners and stakeholders, have grown to become the focal point of the aluminium industry in the past decade. But what seems like a regional jump is a fruit of longstanding...
On Monday, September 1, both LME aluminium cash bid price and LME aluminium official settlement price opened the week with a fall of USD 8 per tonne or 0.30 per cent and USD 8.5 per tonne or 0.32 per cent to clock at USD 2,612 per tonne and USD 2,612.5 per tonne. 3-month bid price and 3-month offer...
Artificial intelligence has dominated global headlines in recent years, usually in connection with IT firms, chatbots, or image-generation platforms. That gave an impression that only digital startups can use AI. In reality, another story is unfolding. Industries once considered slow to change are...
Brazil’s aluminium industry is under pressure from overseas suppliers after recent tariff changes. India’s largest producer Vedanta has been sending more metal into Brazil, increasing shipments to local buyers. Traders also reported that Russia’s top producer, Rusal has also entered the market with...
The LME aluminium price movement on Friday, August 29 showed an upward movement from the previous day, reflecting a steady market performance. As per the data, the LME aluminium cash bid price stood at USD 2,620 per tonne, and the LME aluminium cash offer price stood at USD 2621 per tonne. On the...
Iran produces approximately 560,000 tonnes of aluminium ingots annually, and it does not fully utilise more than 650,000 tonnes of installed capacity, Houshang Goodarzi, head of the Iranian Aluminium Industries Syndicate, reported due to a consistent lack of electricity and natural gas supplies....
The storm gradually subsided! The final scale of primary aluminium billets production cuts in July was lower than expected, with a smooth resumption pace in August. Three main reasons contributed to this: (1) Aluminium prices hovered at highs during the off-season, and the adaptability of the...
Rio Tinto, one of the world’s largest mining and metals companies, sets out to strategise its approach to aluminium sales in the United States. The reason behind their new strategy is the imposition of a 50 per cent tariff on Canadian aluminium imports earlier this summer. Traditionally, Canada is...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates, today announced that over 180 women have joined the company since Emirati Women’s Day 2024, including 96 UAE nationals. EGA currently employs 714 women in the UAE, including 445 UAE Nationals. More than 330 women...
Diversified mining and metals giant Vedanta Ltd has unveiled a USD 10 billion three-year capital expenditure plan to vastly increase its aluminium, zinc, and energy business. The investment, intended to take advantage of India's industrial surge, is expected to drive the company's medium-term...
Leader of the We Invest in Nationhood (WIN) party, Azruddin Mohamed, has pledged to build an aluminium plant and a glass factory in Linden, Guyana, as part of his campaign to revive Region 10’s struggling economy. Speaking at a well-attended rally on Wednesday night, he declared, “This region needs...
The PMI of various aluminium processing sectors showed significant divergence in August, with the aluminium plate/sheet and strip industry standing out notably. Its composite PMI surged 17.1 percentage points to 60.5 per cent, marking a strong return to expansion territory. Seasonal stockpiling in...
National Aluminium Company, India's leading aluminium producing company, had announced on August 28, about it joining hands with Coal India, a state-owned company responsible for exploration, mining and supply of coal in India and National Thermal Power Corporation (NTPC), one of India's leading...
The global aluminium industry is still changing on all fronts, including the primary aluminium, bauxite, and alumina markets, driven by shifting trade policies, production hurdles, and creative approaches to production. From India's Chandrayaan-3 mission revealing aluminium on the Moon, China's...
Aluminium prices held steady this week, even as demand from clean energy projects and electric vehicles pushed higher. Normally, stronger demand and technological advances would draw out more supply but this time, the opposite is happening. China, which accounts for more than half of world output,...
China Aluminum International Engineering Corporation Limited, a comprehensive service for aluminium and non-ferrous metal and allied industries, has announced its unaudited Interim Results for the first half of the 2025 on August 29. The audited result will be released in September 2025, which will...
