Macro perspective: Fed Chairman Warsh delivered a hawkish speech at the Jackson Hole symposium, lifting market expectations for a September rate hike to around 60 per cent, while the US dollar consolidated amid fluctuations, unsettling the nonferrous metals sector. The Fed's latest Beige Book...
India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...
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After a record growth rate the previous day, aluminium prices on the London Metal Exchange contracted overnight on Tuesday, April 14, albeit still standing above USD 3,600 per tonne. While the LME aluminium bid price shed off USD 41 per tonne, amounting to USD 3,624 per tonne, the LME aluminium...
Futures: SHFE aluminium closed at RMB 24,545 per tonne last night, down 0.43 per cent. The price was slightly below MA5 (24,643) but near MA10 (24,433.5), MA30 (24,505.67), and MA60 (24,344.17), under short-term pressure but still supported by medium-term moving averages. The MACD indicator DIF...
Over the same period, the company's total profit rose by 15.8 per cent from 2024 to RMB 25.8 billion, while its net profit attributable to shareholders edged up by 2.3 per cent on year to RMB 12.7 billion. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global...
Over the past weekend, primary aluminium smelting and rolling facilities in the region suffered further damage, with those operated by Emirates Global Aluminium (EGA) in the United Arab Emirates (UAE) and Aluminium Bahrain (Alba) in Bahrain reportedly hit by Iranian military attacks. For the global...
The Volta Aluminium Company Limited (VALCO) is currently reaching out to prospective investors, said Kofi Arko Nokoe, Board Member of VALCO and Member of Parliament for Evalue-Ajomoro-Gwira Constituency . The plan is part of a larger strategy, supporting Ghana to decrease bauxite exports and...
Futures: In the night session on March 26, the most-traded SHFE aluminium 2605 contract opened at RMB 23,970 per tonne, hit an intraday high of RMB 23,995 per tonne and a low of RMB 23,850 per tonne, and finally closed at RMB 23,870 per tonne, up 0.61 per cent. Open interest in the night session...
Striving for a circular economy and a sustainable future, India has decided to commission only domestically produced solar ingots and wafers for renewable energy firms, starting June 2028. Proposed by the Ministry of New and Renewable Energy (MNRE), the strategy is aimed at reducing dependency on...
Futures: In the night session on March 18, the SHFE aluminium 2605 contract opened at RMB 24,800 per tonne, hit an intraday high of RMB 24,880 per tonne and a low of RMB 24,575 per tonne, and finally closed at RMB 24,835 per tonne, up RMB 35 per tonne from the previous close, or 0.14 per cent....
Novelis has partnered with LINEAS to transport aluminium ingots, coils and scrap by rail between its European production sites. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Rail accounts for about 95 per cent of...
Nikkei MC Aluminium America, Inc. (NMAA) has achieved ASI Performance Standard V3.1 (2023) for secondary aluminium manufacturing and associated supply chain activities at its facility located in Columbus, Indiana, including the recycling of aluminium scrap and the supply of aluminium alloys to the...
The USD 175 million casthouse expansion by Arconic Davenport Works has been officially completed. The firm, which is based in Pittsburgh, Pennsylvania, specialises in providing aluminium sheet, plate and extrusions, along with cutting-edge architectural products. These products are catered to...
Aluminium Stewardship Initiative (ASI) today announced that Intals S.p.A. has been certified against the ASI Performance Standard V3.1 (2023). The Certification covers the production of aluminium ingots and alloys, including pure and alloy aluminium ingots, master alloys, speciality products,...
The international situation boosted aluminum prices, and today, traders in central China had a strong bullish sentiment, with overall transaction sentiment strengthening. Some large downstream processing enterprises stopped purchasing due to high inventory, but influenced by the bullish sentiment,...
The National Aluminium Company Limited (NALCO) has launched a new IA91 grade aluminium alloy ingot. IA91 grade aluminium alloy ingot is a high-profile, silicon-based aluminium casting alloy. It is manufactured in ingot form (metal that has been cast into a solid, standardised bar shape) for use in...
Shandong Innovation Group Co., Ltd has achieved ASI Performance Standard V3.1 (2023) for the manufacture of electric-applied aluminium round rods, aluminium alloy ingots, and aluminium alloy wires and cables, including processes such as melting, casting, rolling, cutting, sawing, homogenisation,...
Raffineria Metalli Cusiana S.p.a. (Cusiana), a major Italian secondary aluminium refiner supplying multinational automotive, construction and furniture companies across Europe, has established a strategic partnership with TOMRA Recycling to redefine aluminium recycling with advanced multi-sensor...
Firm pricing reflected upward revisions across major producers. Domestic premiums held largely steady w-o-w. Domestic aluminium prices in India edged higher w-o-w on 12 February, tracking gains in aluminium futures on the London Metal Exchange (LME) and the Multi Commodity Exchange (MCX), as global...
SHFE aluminium 2602 contract fluctuated with small gains in the morning session, but the price centre edged down slightly compared with the previous trading day. Affected by the approaching Chinese New Year, overall market trading sentiment was weak, with mainstream transaction prices concentrated...
