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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Bharat Aluminium Company (BALCO), one of the largest Vedanta Aluminium subsidiaries, has launched its new 'Quality Sankalp' programme, a top-level programme to emphasise its commitment towards manufacturing excellence and world-class product quality. The programme, launched this week, aims at...
Japan’s top trade envoy, Ryosei Akazawa, clarified on Wednesday in Washington that the recently announced US-Japan trade agreement does not waive or reduce the existing 50 per cent tariffs on Japanese steel and aluminium exports to the United States. Image for representational purposes “If you are...
Overall, in the first half of 2025 (H1), total imports of unwrought aluminium alloy amounted to 542,300 tonnes, representing an 11.7 per cent decline Y-o-Y. Monthly imports were all below 100,000 tonnes, while exports rebounded slightly Y-o-Y. Recently, the General Administration of Customs...
On Tuesday, July 22, both LME aluminium cash bid price and LME aluminium official settlement price moved down by USD 10.5 per tonne or 0.39 per cent to settle at USD 2,638 per tonne and USD 2,638.50 per tonne. As per the London Metal Exchange (LME) price graph, 3-month bid price and 3-month offer...
National Aluminium Company Ltd (NALCO) gained market interest by rising 2.07 per cent in the day’s trade to finish at INR 192 (USD 2.23) on July 22, 2025. This indicates NALCO's continuing positive trend, which had clocked a monthly gain of 4.23 per cent, outstripping the BSE Metal index at a gain...
Amid an uncertain market trend across the globe, Norsk Hydro from Norway has managed to show resilience in its fiscal Q2 2025 performance, supported by firm aluminium and energy prices. The company reported a 33.41 per cent year-on-year increase in adjusted EBITDA, reaching NOK 7,790 million from...
The future of Mozambique’s Mozal Aluminium Smelter is under a cloud, with South32 set to write down the value of its majority stake due to unresolved power supply issues. After six years of unsuccessful negotiations for a new electricity agreement, the company now faces growing doubts over the...
As the Trump administration pushes ahead with plans to impose 25 per cent tariffs on Japanese imports including vehicles, steel, and aluminium from August 1, Japan’s small and medium-sized enterprises (SMEs) are gearing up for impact. Image for representational purpose Tokyo-based Mitsuwa Electric,...
Futures Market: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at the lowest point of RMB 20,125 per tonne. The futures market fluctuated upward, reaching a high of RMB 20,250 per tonne, a new record high since its listing, and finally closed at RMB 20,215 per tonne,...
Aluminium gained ground on the LME between July 18 and July 21, with key contract prices rising over 2 per cent amid steady demand and marginal inventory increases. The LME aluminium cash bid price climbed 2.22 per cent to USD 2,648.50 per tonne on July 21, compared to USD 2,591 per tonne on July...
In response to India's earlier warning about imposing retaliatory tariffs if the US doubled duties on aluminium, steel, and automobile imports, Washington has pushed back. On July 17, 2025, the US told the World Trade Organization (WTO) that India has "no legal basis" to retaliate using safeguard...
A new development has surfaced in the US–Canada trade relationship. As of July 2025, Canadian Prime Minister Mark Carney announced a potential revision of the existing 25 per cent retaliatory tariff on US aluminium and steel products. This move is contingent upon the outcome of trade negotiations...
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest single-site aluminium smelters, is pleased to announce the appointment of Ali Aseeri as the Acting Manager of Engineering & Projects, effective immediately. With over 20 years of engineering experience, Ali began his career at Alba in 2005...
Maan Aluminium, a manufacturer and trader of aluminium profiles, has seen a sharp rise in its stock price to INR 122.95 (USD 1.43) as of July 21, marking a significant recovery from earlier lows this year. Image for representational purpose The stock’s recent surge follows a challenging period...
Futures Market: On the previous trading day's night session, the most-traded SHFE aluminium 2509 contract opened at RMB 20,560 per tonne, with a high of RMB 20,795 per tonnes, a low of RMB 20,560 per tonne, and closed at RMB 20,770 per tonne, up 1.27 per cent from the previous close. LME aluminium...
Aluminium prices on the London Metal Exchange (LME) registered significant growth in almost all areas. To begin with, LME aluminium cash bid price and LME aluminium official settlement price hiked by USD 34.5 per tonne or 1.34 per cent to settle at USD 2,591 per tonne and USD 2,591.50 per tonne. As...
In mid-July, China's aluminium ingot prices remained stable, supported by elevated raw material costs and ongoing efforts to reduce inventory buildup. Despite increased motorcycle production and government subsidies driving the demand, overall market growth remained subdued due to seasonal...
European aluminium billet manufacturers entered 2025 with caution, and by mid-year, that caution had hardened into sweeping production cuts. The billet market, once a bellwether for demand in construction, transport, and extrusion-heavy sectors, has weakened considerably in the first half of the...
