Futures: The most-traded SHFE aluminium contract opened at RMB 24,310 per tonne in the night session on September 10, reached a high of RMB 24,310 per tonne and a low of RMB 24,075 per tonne, and closed at RMB 24,125 per tonne, down RMB 365 per tonne or 1.49 per cent from the previous close....
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...
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As the clock ticks toward an August 1 trade deadline, Ontario Premier Doug Ford is pressuring the federal government to respond decisively to escalating US tariffs. Ford has urged Ottawa to impose matching 50 per cent tariffs on American steel and aluminium, should talks fail to produce a new...
The Indian metal sector has experienced notable fluctuations in stock performance over recent weeks, with key players like NALCO, Vedanta Aluminium and Hindalco showing mixed trends across different timeframes. A closer look at their stock price movements reveals underlying market sentiments and...
Aluminium prices on the London Metal Exchange (LME) edged lower on July 28 compared to July 25, with both spot and futures contracts showing a marginal decline. The cash bid price fell 0.92 per cent from USD 2,656.5 per tonne on July 25 to USD 2,632 per tonne on July 28, while the cash offer also...
According to SMM statistics, as of July 28, the inventory of primary aluminium ingots in China's mainstream consumption areas stood at 533,000 tonnes, an increase of 23,000 tonnes compared to Thursday last week and 35,000 tonnes compared to Monday last week. On a YoY basis, domestic aluminium ingot...
The world primary aluminium production seems to have withstood all the recent hurdles like escalating trade tensions, raw material costs, and supply chain disruptions with a decent growth rate of 1.4 per cent year-on-year in the second quarter of 2025. Albeit a slower than in 2024, the growth in...
India's Free Trade Agreement (FTA) with the UK, signed with hopes of unlocking duty-free market access, has come under fire from trade experts and industry leaders for omitting carbon tax exemptions. This omission, according to the Global Trade Research Initiative (GTRI), could undermine Indian...
The London Metal Exchange (LME) aluminium prices on Friday, July 25, closed the week hitting a four-month high. The prices hiked by USD 10.5 per tonne or 0.39 per cent to settle at USD 2,656.5 per tonne and USD 2,657 per tonne, driven by more optimistic demand outlook in China and tightening global...
Overwhelmed! Domestic primary aluminium billet supply has been caught up in production cuts since June. Since June, low domestic and overseas inventories have sparked a market "cornering" trend, with spot aluminium prices surging and nearly reaching the RMB 20,000 per tonne mark. Image for...
The US decision to double Section 232 aluminium tariffs to 50 per cent on June 4 (after sitting at 25 per cent since mid-March) instantly reshaped cost curves and trade flows. Producers exporting into the US saw margins squeezed despite a jump in the Midwest premium. Image for referential purposes...
Two environmental breach cases involving bauxite producer UC Rusal will proceed as separate trials, following a recent ruling by the St. Catherine Parish Court. Image for representational purpose On Tuesday, Acting Senior Parish Judge Janelle Nelson-Gayle informed both parties that the court could...
Aluminium price on July 24 witnessed slight growth, with both cash bid price and offer price moving up by USD 3 per tonne and USD 1.5 per tonne. The prices closed at USD 2,646 per tonne and USD 2,646.5 per tonne. 3-month bid price and 3-month offer price moved up by USD 1.5 per tonne or 0.05 per...
Century Aluminum Company, a prominent US producer of primary aluminium, announces that the private placement of USD 400 million of 6.875 per cent senior secured notes due August 2032 has closed, solidifying the company's capital structure and extending debt maturity. The offering is viewed as a...
South32, a leading global mining and metals company, has announced that two of its aluminium operations exceeded production targets in FY25. Notably, Brazil Aluminium and Mozal Aluminium, two of the company's key smelters, have surpassed their targets by 6 per cent and 1 per cent, respectively,...
A potential settlement is expected to be reached in a class-action lawsuit filed against Century Aluminium over the release of alumina dust in Berkeley County, South Carolina. The incident, which occurred in October 2023, stemmed from an equipment failure at Century Aluminium’s Goose Creek plant....
Primary Aluminium Imports: According to data from the General Administration of Customs, domestic primary aluminium imports in June 2025 were approximately 192,400 tonnes, down 13.8 per cent M-o-M and up 58.7 per cent Y-o-Y. From January to June, the cumulative total of domestic primary aluminium...
Aluminium prices on the London Metal Exchange (LME) saw a slight increase on July 23, with both cash and 3-month contract rates moving up from the previous day. The LME aluminium cash bid price rose to USD 2,643 per tonne, up 0.19 per cent from USD 2,638 per tonne on July 22. The cash offer price...
RHB Investment Bank Bhd (RHB Research) has reaffirmed its OVERWEIGHT rating on the Basic Materials sector, placing Press Metal Aluminium Holdings (PMAH) as its top pick amid improving fundamentals for aluminium smelters. The research house is optimistic about the sector’s trajectory, supported by...
Surging demand for aluminium in China has brought renewed attention to the most-traded aluminium contract on the Shanghai Futures Exchange (SHFE). On Tuesday, SHFE aluminium prices reached their highest level since November, signalling a potential upward trend driven by China's intensified focus on...
