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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A confluence of factors like increased retail sales in China, muted inventories, and surge in bauxite prices has propelled the LME aluminium benchmark price to USD 2,530 per tonne, marking a new high since the beginning of the second quarter of 2025. Image source: London Metal Exchange Retail sales...
Canada played host to this year’s G7 summit, marking its seventh turn at the helm of the influential bloc. In addition to the heads of state from G7 member nations and the European Union, which also participates in the summit, Canadian Prime Minister Mark Carney extended invitations to several...
Futures Market: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at RMB 19,500 per tonne, surging rapidly after the opening bell to reach a high of RMB 19,630 per tonne. It then fluctuated rangebound after pulling back, with the overall trend showing a narrow...
Aluminium Bahrain B.S.C. (Alba), the world's largest single-site aluminium smelter, has announced the promotion of Saleem Helal Ali Yateem to Acting Manager of casthouse services, effective 16 June 2025. Saleem joined Alba in 2008 as a Senior Mechanical Engineer and has since demonstrated...
As a result of the ongoing geopolitical discord between Israel and Iran, the Indian aluminium industry (though not impacted directly) is feeling the rippling heat in pricing. In an unexpected turn of events, India’s aluminium price has slipped to INR 242 per kg, contemplating the global metal...
In advanced fields like aerospace and space exploration, materials must combine low weight, high functionality, and resilience to extreme temperature fluctuations. Shape-memory alloys are promising candidates, offering impressive strength, toughness, and the ability to recover from deformation due...
Mining conglomerate Vedanta Aluminium has embarked on a significant project worth INR 1,28 lakh crore (US$ 15.42 billion) to boost Odisha's economy. As per reports, the company plans to set up a 3 million tonnes per annum (MTPA) aluminium smelter along with a 4,900 MW captive power plant in...
Last week, high-stakes trade negotiations between the United States and China reconvened in London, marking the second day of talks on June 10 at Lancaster House. After months of escalating tensions and retaliatory trade barriers, negotiators have emerged with what they called a 'framework...
Aluminium Bahrain B.S.C. (Alba), the world’s largest smelter on one site, announces the successful migration to RISE with SAP Private Cloud Edition (PCE). This milestone, completed in partnership with SAP's Customer Success & Delivery (CS&D) team, advances Alba's digital transformation journey....
Vedanta Aluminium, an Indian multinational mining company, has once again proven the Indian aluminium production is not about male workers working in factories and plants and sites. The firm has empowered women by deploying an all-woman locomotive engine team in its Jharsuguda aluminium smelter....
Japanese general trading house Marubeni Corp reported that aluminium inventories at Japan’s three major ports (Yokohama, Nagoya, and Osaka) increased for the second consecutive month. As of the latest end of May data, the stocks rose to 331,000 metric tonnes, marking an increase of 3.3 per cent...
Century Aluminium is set to invest $10 million in maintenance at its Sebree smelter in Kentucky this quarter. The US-based aluminium producer announced that the facility's consistently strong performance has enabled it to advance major maintenance work on the carbon plant, originally scheduled for...
As voices from aluminium associations across US trade-allied nations grow louder, one consensus is becoming clear that the United States’ decision to increase tariffs on aluminium imports to 50 per cent is unlikely to benefit its global partners. Now, whether this bold move by Donald Trump will...
Futures market: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at RMB 19,435 per tonne, with a high of RMB 19,450 per tonne, a low of RMB 19,355 per tonne, and closed at RMB 19,395 per tonne. It fell by RMB 5 per tonne or 0.03 per cent from the previous settlement...
To avert a supply squeeze, the London Metal Exchange has ordered Mercuria Energy Group Ltd to loan out part of its outsized June aluminium position, which exceeds the metal available in LME warehouses. As of June 2025, Mercuria Energies' aluminium stock was reported around 600,000-800,000 tonnes,...
Aluminum Association President & CEO Charles Johnson issued the following statement in response the Trump administration’s decision to increase Section 232 aluminium tariffs from 25 per cent to 50 per cent: “Re-establishing a more level playing field for domestic producers is critical but a Section...
Analysts from Morgan Stanley stated that US President Trump's decision to double aluminium import tariffs to 50 per cent could drive up aluminium prices and the costs for its users. Analysts noted that using a premium benchmark of 20 cents per pound for consumers purchasing aluminium in the US...
The world aluminium market is abuzz with optimism once again as futures of the metal on the London Metal Exchange inched higher to USD 2,460 per tonne today from a bottom of USD 2,166 per tonne in April. The hike comes against the backdrop of expectations of top-level trade talks between China and...
