Today, the centre of SHFE aluminium futures fell from the previous trading day, market shipment sentiment was relatively pronounced, and overall spot aluminium transactions shifted to discounts. Today, market transactions for A00 aluminium ingot premiums were between a discount of RMB 40 per tonne...
Futures: SHFE aluminium closed at RMB 24,010 per tonne, down 0.62 per cent, with the price breaking below MA5 (around 24,160) but holding slightly above MA10 (23,988.5); short-term moving average support faces a test, while medium-term MA30 (23,469.5) and MA60 (23,699.67) remain in bullish...
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Enkei Wheels India Limited has filed its annual report for FY2025, giving a snapshot of where the business stands and what it’s planning next. The company, set up in 2009, makes aluminium alloy wheels for both two-wheelers and passenger vehicles. It operates out of Pune and is part of the larger...
Overnight, domestic market base metals mostly rose. SHFE copper gained 0.78 per cent; on a weekly basis, SHFE copper posted a four-week winning streak, up 4.07 per cent for the week. SHFE aluminium fell 1.25 per cent, SHFE lead rose 0.24 per cent. SHFE zinc gained 0.71 per cent. SHFE tin rose 0.03...
Siemens is working with DrinkPAK to automate a new can manufacturing facility in Fort Worth, Texas, as the drinks company looks to scale up production and improve efficiency. DrinkPAK already runs large contract manufacturing sites in Santa Clarita and Fort Worth, handling batching, filling and...
Rolls-Royce Motor Cars has revealed its Project Nightingale concept, marking the brand’s first fully electric convertible developed through its coachbuild division. Production will be limited to 100 units, with deliveries expected to begin in 2028. The name “Nightingale” ties back to "Le...
Norsk Hydro has managed to cut emissions by roughly 30-35 per cent on one of its main European shipping routes, using upgrades on two cargo vessels, Trans Sol and Trans Hav, operated by Sea-Cargo. The ships are used to move low-carbon aluminium from Norway into European markets, so this is...
Futures: The aluminium alloy 2606 contract opened at RMB 23,755 per tonne during the night session and closed sharply higher at RMB 24,130 per tonne. In the early stage of the night session, prices moved sideways around the opening level with a steady trend. Mid-session, bulls pushed prices up...
After remaining above USD 3,600 per tonne for two sessions, LME aluminium prices dropped below the all-time high mark on the April 15 session. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain The LME aluminium cash bid as...
SAGA Metals Corp. has entered into an agreement to acquire the Wolverine rare earth project in Labrador from Catalyst Rare Metals Ltd., a deal that would give it full ownership of the asset. The project is about 50 km from Hopedale and covers a bit over 230 sq. km. Access is by air mostly, then...
A team of researchers in Bengaluru is trying to fix a problem that has held aluminium batteries back for years, they don’t last very long. The work was led by Kavita Pandey from the Centre for Nano and Soft Matter Sciences, along with collaborators from Shiv Nadar Institution of Eminence. Aluminium...
During the morning session, SHFE aluminium 2604 fluctuated downward, with the price centre rising significantly from the previous day. Influenced by higher aluminium prices, overall willingness to sell in the market was high, while buying sentiment was suppressed by elevated prices. Circulating...
Capral Aluminium is phasing out a decades-old gas furnace at its Queensland facility, replacing it with a fully electric system aimed at improving both efficiency and emissions performance. The upgrade will take place at the Bremer Park extrusion site, where a 40-year-old gas-fired log furnace is...
The London Metal Exchange (LME) aluminium price on April 13 saw the highest price in the last four years. The surge came after the US military said it would be imposing a blockade of the Strait of Hormuz, which is deemed to be the key port for shipping out metals from the Middle East. Given that...
Trading activity on the London Metal Exchange spiked up heavily in the first quarter of 2026, with volumes hitting record levels across key metals like aluminium. The exchange reported that overall average daily volume rose by more than 25 per cent year-on-year, marking its strongest quarter on...
The London Metal Exchange (LME) aluminium price, on April 10, saw a rise after it had an easing trend on April 9, where the forward-dated contracts also rose from the previous close. At the inventory, the opening stock declined, but a further sharp decline has been seen in the live warrants and...
Image credits: Moggaro Aluminium Yachts Spain-based Moggaro Aluminium Yachts has picked up recognition at The Baird Maritime 2025 Work Boat World Awards for its 16-metre hybrid aluminium dive boat, built for operations in Saudi Arabia’s Red Sea. The vessel stands out mainly for how it blends...
Image credits: Waaree Energies Ltd Waaree Energies has started operations at a 3,000 MW per year solar module facility in Gujarat, marking the addition of capacity to its portfolio. The plant, located in Samakhiali in Kutch, has been set up through its subsidiary Sangam Solar One Private Limited....
The London Metal Exchange (LME) aluminium prices continued to edge downwards on April 9. As cash prices and near-term contracts eased, the longer-dated contracts improved considerably. Stocks kept sliding down, indicating a continued high demand and supply pressure. Explore- Most accurate data to...
The South Korean government is planning to make solar panels mandatory on the rooftops of new factories, part of a wider push to speed up its renewable energy transition and reduce reliance on external fuel sources. The proposal, presented by the Ministry of Climate, Energy and Environment, comes...
