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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Uzbekistan and Russia have accelerated their collaboration in the aluminium industry, leveraging the 5th International Industrial Exhibition “Innoprom. Central Asia” in Tashkent as a launchpad for agreements on standards harmonisation, joint projects and cutting-edge materials such as...
In April 2025, Russian aluminium producer United Co. RUSAL (Rusal) publicly warned that it would pursue legal action against Germany after a German takeover of a bank disrupted a currency‐hedging deal. The bank in question was VTB Bank (Europe) SE – the Frankfurt-based subsidiary of Russia’s...
The Federation of Indian Mineral Industries (FIMI) has urged the Indian government to extend the RoDTEP scheme to aluminium exporters, highlighting the financial stress faced by domestic producers. FIMI has submitted the request to ensure a level playing field in global markets. Image source:...
Alcoa’s San Ciprián complex was thrown into turmoil by the massive power outage that swept across Spain on April 28, hitting both the aluminium smelter and alumina refinery hard. “Alcoa’s San Ciprián complex was impacted by the widespread power outage across Spain. As a result of the outage, both...
On April 30, SMM A00 aluminium was quoted at RMB 20,060 per tonne, up RMB 40 per tonne from the previous trading day, with a discount of RMB 10 per tonne against the May contract, down RMB 10 per tonne from the previous trading day. On April 30, SMM A00 aluminium (Foshan) was quoted at RMB 19,980...
Rio Tinto has expressed uncertainty around the future of operations for its Bell Bay aluminium smelter in Tasmania after six years of unsuccessful negotiations for a renewable power supply agreement with Hydro Tasmania. The company has eight months left on its current agreement with the state-owned...
A powerful new campaign, Back British Metals, has launched with a direct call to Government: ensure metals are recognised as strategically essential in the forthcoming UK Industrial Strategy and Critical Minerals Strategy. Image source: LinkedIn Building on the recent Government intervention to...
Today, SHFE aluminium futures fluctuated in the morning session after a significant pullback earlier. Near 10 am, the futures market surged rapidly, approaching RMB 20,000 per tonne. In the spot market, trading conditions differed between eastern China and central China. Specifically, in eastern...
Metlen Energy and Metals has kicked off Q1 2025 with a striking surge in activity, posting total sales of EUR 1.50 billion (a 31 per cent upgrade on the EUR 1.143 billion generated in Q1 2024) steered forward by double-digit gains across Metals (an increase of 11 per cent), Energy (31 per cent...
The SMM Aluminium Industry Conference & Expo (AICE) 2025 returns as Asia’s premier platform for aluminium industry innovation, strategic collaboration, and global business expansion. Co-located with CLNB 2025 (China International New Energy Industry Expo), this year’s event amplifies opportunities...
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, today announced the launch of the third season of EGA Ramp-Up, the company's flagship programme to empower the next generation of UAE entrepreneurs in line with the Entrepreneurial...
On April 27, 2025, Alba (Aluminium Bahrain) announced their adaptation of the AI-powered analytics platform Seeq, the first aluminium smelter in the Middle East with such cutting-edge technology. This has been done in a strategic partnership with Saudi Arabia's Crucial Solutions and Services (CSS)...
On the previous trading day's night session, the most-traded SHFE aluminium 2506 contract opened at RMB 19,950 per tonne, with a high of RMB 19,995 per tonne, a low of RMB 19,920 per tonne, and closed at RMB 19,970 per tonne, down RMB 60 per tonne or 0.30 per cent from the previous close. LME...
Sunil Gupta, Chief Operating Officer (COO) of Vedanta Ltd’s Aluminium Business, has taken over as Chairman of the Confederation of Indian Industry (CII) Odisha State Council for the 2025-26 term. Gupta previously served as the Council’s Vice Chairman during 2024-25 . Meanwhile, Suresha G, Executive...
On Thursday, April 24, 2025, US President Donald Trump signaled a possible easing of trade tensions with China, boosting market sentiment. As a result, aluminium price has grown in India by 1.32 per cent to INR 234.5 (USD 2.75). The optimism in the market has further been evoked by Trump’s...
The aluminium industry is riding a wave of contrasts—soaring highs and unexpected lows—making it an especially captivating space right now. The sector has been buzzing with a string of major developments, each shaping the narrative in its own unique way. Amidst the ongoing tariff tension, India's...
For the past two decades, China has dominated the global aluminium landscape with unparalleled force. From producing just 4 million tonnes in 2004, the country now commands a staggering 43 million tonnes of primary aluminium smelting capacity, accounting for 60 per cent of the world’s total. But...
SHFE aluminium fluctuated in the morning session, trading above RMB 20,000 per tonne during the first trading period. In the spot market, trading in eastern China and central China was moderate, mainly due to increased spot market supply and aluminium prices returning to RMB 20,000 per tonne, which...
