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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Futures Market: Last night, the most-traded SHFE aluminium 2508 contract opened at RMB 20,510 per tonne, with a high of RMB 20,560 per tonne, a low of RMB 20,495 per tonne and closed at RMB 20,540 per tonne. Trading volume was 32,000 lots and open interest was 255,000 lots. Last night, LME...
The wait is almost over! Just one day to go until the inauguration of the 20th ALUMINIUM CHINA , Asia’s leading trade show and B2B platform for the aluminium industry, taking place from the July 9 th to 11th at the Shanghai New International Expo Centre. Completing two decades of industry...
Note: This is an AI-generated image for respresentational purpose All eyes are now fixed on the trade dialogue between India and the United States that kicked off on June 26. The stakes are high—not for a full-fledged trade deal, but for an interim agreement that could shift the course of...
Citi has reinstated coverage of Alcoa Corporation with a buy rating and a USD 42 price target, to improve aluminium market conditions and the company’s consistent operating performance. Image for representational purposes. The stock, currently trading at USD 29.81, is viewed as undervalued based on...
Cambodia has drawn an impressive $5.8 billion in fixed-asset investments in the first half of 2025, marking a remarkable 77 per cent surge compared to the same period last year, according to the Council for the Development of Cambodia (CDC). Greenlight to 373 investment projects The country...
At the International Conference on Sustainable and Responsible Mining, Union Minister G. Kishan Reddy unveiled the Aluminium Vision Document, signaling a strategic shift in how India views and manages one of its most vital industrial resources. Framed within the broader Viksit Bharat 2047 vision,...
Aluminium prices fell by 0.56 per cent and are settled at INR 249.15 (USD 2.99) per kg, where the fall is witnessed due to the weak manufacturing demand, irrespective of immense support from the supplies. As per the latest manufacturing Purchasing Manufacturing Index (PMI) by China's National...
As the July 9 deadline approaches, the US trade partner countries are looking to initiate deals with the Trump administration for tariffs to snap back to higher levels. Moreover, more than 100 partners are expected to see a "reciprocal" rate of 10 per cent in the coming week, where the possibility...
In an era driven by sustainability, innovation, and strategic partnerships, the 13 th International Bauxite, Alumina & Aluminium Conference & Exhibition (IBAAS-IMMT-IIM 2025) emerges as a key global platform for the aluminium industry. 📅 Dates: October 8–10, 2025 📍 Venue: CSIR-Institute of...
According to a recent report, the Canadian government has entered into critical discussions with Rio Tinto to assess the financial support required to help the company overcome the crushing effect of the US aluminium and steel tariffs. Industry Minister Mélanie Joly, speaking on July 3 during her...
According to SMM survey estimates, China's prebaked anode production in June 2025 reached 1.9386 million tonnes, down 1.75 per cent Y-o-Y and 1.23 per cent M-o-M. Among this, the production of supporting prebaked anodes was 857,300 tonnes, while the production of commercial prebaked anodes was...
The Aluminium Federation (ALFED) has announced a strategic partnership with the Chartered Institute of Export & International Trade, aimed at bolstering the UK aluminium sector’s international trade and technical capabilities. Unveiled during ALFED’s House of Lords lunch last week, the partnership...
At a time when global bilateral trade relations face mounting uncertainty, India and the United Arab Emirates (UAE) are moving into a new alliance centered on premium aluminium and steel. According to a report on July 2, Union Steel Minister H.D. Kumaraswamy and UAE Economy Minister Abdulla Bin...
Vedanta Limited, an Indian multinational company, has represented solid returns in the first 6 months of 2025. The share price of the firm is poised to reach the INR 500 (USD 5.99) mark and has gained nearly 5 per cent over time, while continuing with the previously announced demerger activities....
Aluminerie Alouette, an aluminium manufacturer partially owned by Rio Tinto Plc, is set to invest up to USD 1.1 billion in upgrading its facilities in northern Quebec, according to sources familiar with the matter. Image credit: unctad.org The company has reportedly secured a new electricity supply...
According to the International Aluminium Institute (IAI), the world’s primary aluminium production in May 2025 trended up over a month, mirroring the pattern observed in the same period last year—but with a sharper pace of growth. While in May 2024, the world’s output had grown by 2.22 per cent...
Alcoa Corporation has announced the successful closing of its sale of a 25.1 per cent ownership interest in the Ma’aden Joint Venture to the Saudi Arabian Mining Company (Ma’aden), by a binding share purchase and subscription agreement. Through this transaction, Alcoa has received proceeds of...
18 June, 2025 - Returning to BITEC, Bangkok from 17–19 September 2025, GIFA and METEC Southeast Asia will bring together industry leaders, decision-makers, and innovators to showcase new developments and solutions in foundry and metallurgical technology. As Southeast Asia positions itself as a...
