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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Alcoa Corporation, with its joint venture partner, IGNIS Equity Holdings, SL, have recently made an announcement of commencing the restart process of the San Ciprian smelter in Spain. Previously, on April 28, 2025, Alcoa's complex in this location received a wide power outage all across Spain,...
Rio Tinto, a leading global mining group, has announced the appointment of Simon Trott as its new Chief Executive Officer. Trott is set to succeed Jakob Stausholm, with the position being effective from August 25, 2025. At present, Trott is working as the Ore Chief Executive, with an exceptional...
South32, the global mining and metals giant has flagged a potential impairment about the future of its Mozal Aluminium smelter, in its FY25 financial results due to deepening uncertainty over the smelter’s long-term electricity supply. The mining and metals major stated that ongoing contract...
The European aluminium industry has set its sights on an ambitious future with Vision 2050 a bold roadmap aimed at building a carbon-neutral, circular, and energy-efficient aluminium value chain by mid-century. On paper, the plan is visionary and inspiring but in practice, however, the journey...
![Tariff disruptions continue to overlap with domestic aluminium ingot inventory buildup, putting short-term pressure on aluminium prices and causing fluctuations [SMM Aluminum Morning Meeting Summary]](https://assets.alcircle.com/dynamic/prod/news/20260831133231211_3383502d2_md.webp)
[SMM Aluminum Morning Meeting Summary: Tariff Disruptions Continue to Overlay Domestic Aluminum Ingot Inventory Buildup, Aluminum Prices Under Short-Term Pressure and in the Doldrums] On the macro side, the domestic favourable atmosphere remains unchanged, while the impact of overseas tariffs...
From June 6th to July 7th, SMM's prebaked anode prices continued to decline. The benchmark procurement price for an aluminium plant in Shandong for July 2025 was RMB 4,749 per tonne, down 3.85 per cent from the previous month's benchmark. According to SMM, the export order prices for prebaked...
On July 11, 2025, the Chairman of Emirates Global Aluminium (EGA), Homaid Al Shimmari, began the final reduction cell process in the company's next-generation smelting technology pilot project in Al Taweelah. Image source: EGA Within the process of incorporating EX smelting technology, the pilot is...
Primary aluminium inventories registered with the London Metal Exchange (LME) continued to rise in June, reaching 338,000 tonnes, up from 321,850 tonnes in May and 250,875 tonnes in April. This steady increase in stock levels was largely driven by a significant surge in Indian-origin aluminium...
While both nations, the US and India, engage in a Bilateral Trade Agreement (BTA) discussion, the latter country has shown an increased retaliatory action as opposed to the current import tariff on aluminium and steel imposed by the US. Recently, India announced to the World Trade Organisation...
At its 60th Annual General Meeting, Vedanta Ltd. unveiled an ambitious roadmap for its next phase of growth, centred on a transformative 3D strategy of Demerger, Diversification, and Deleveraging. Chairman Anil Agarwal laid out a compelling vision to double Vedanta's size, unlock deep value for...
When it comes to aluminium, China is not just in the game — it is the game. As the world’s top producer and consumer, the country has long been the heavyweight champion in the global aluminium industry, gracefully sidestepping every curveball - be it anti-dumping duties, steep tariffs, or even its...
Chinese tycoons are accelerating the growth of Indonesia’s aluminium industry with multibillion-dollar investments that echo the country’s earlier nickel boom and have the potential to disrupt the global aluminium market. Facing tightening production limits at home, giants like billionaire Xiang...
“Tariff is the most beautiful word in the dictionary,” Donald Trump once declared. That wasn’t a throwaway line, but what seemed to be a transnational battle cry. Six months into his second term, the former and now current US President has turned the word into a policy instrument of unparalleled...
Futures Market: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at RMB 19,820 per tonne, reaching a high of RMB 19,960 per tonne and a low of RMB 19,780 per tonne, before closing at RMB 19,945 per tonne, up RMB 115 per tonne or 0.58 per cent from the previous trading...
According to SMM statistics, domestic aluminium production in June 2025 (30 days) increased by 1.57 per cent Y-o-Y and decreased by 3.23 per cent M-o-M. The operating capacity of domestic aluminium in June saw a slight M-o-M change. SMM learned that the phase II replacement project of an aluminium...
The United States is on course to collect as much as USD 300 billion in tariff revenue by the end of 2025, Treasury Secretary Scott Bessent revealed, highlighting the scale of President Donald Trump’s aggressive trade strategy. Speaking during a White House Cabinet meeting on Tuesday, Bessent...
A quarterly and annual jump in the United States aluminium imports during the first quarter of 2025 comes as no surprise – and here’s why. President Trump’s February 10 proclamation announcing steep tariffs on aluminium and steel imports, effective March 12, sparked a wave of anticipatory buying....
In a blow to Britain’s steel and aluminium exporters, the UK has officially missed the July 9 deadline to strike a deal with the United States over the continuation of punitive tariffs first imposed by the Trump administration in 2018. The breakdown in talks risks prolonging a trade dispute that...
