LME aluminium prices edged lower on September 4 compared with the previous trading day, while aluminium stocks also declined marginally. The most notable movement was in cancelled warrants, which fell by more than 38 per cent day on day. On September 4, the LME aluminium cash bid price stood at USD...
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...
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Chang Aluminum is set for a change in ownership after its controlling shareholder, Qilu Caijin Investment Group, agreed to sell a 22.38 per cent stake in the company to Shandong Jixin Industrial Development. The proposed transaction values the shares at RMB 5.79 (USD 0.86) each, putting the total...
Constellium SE and Alcoa Corporation are benefiting from a stronger aluminium market, with demand from electric vehicles, aerospace, packaging and transportation continuing to support the sector. The growing use of recycled aluminium and the recovery in global air travel have also improved...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,025 per tonne in the night session of June 15, hit a high of RMB 24,025 per tonne, a low of RMB 23,730 per tonne, and closed at RMB 23,795 per tonne, down 1.55 per cent from the previous close. During the session, prices fluctuated...
After remaining above USD 3,500 per tonne at the June 12 session , the LME aluminium price dropped across all the pricing segments, barring the live warrants and alumina price, on the June 15 session. The LME aluminium cash bid as well as offer price eased 3.3 per cent day-on-day on June 15. While...
Japan and the United Kingdom have unveiled a series of agreements that could lead to Japanese companies investing up to USD24 billion (EUR 18 billion) in Britain over the coming years. The announcement followed talks in London between UK Prime Minister Keir Starmer and Japanese Prime Minister Sanae...
While the market may have already priced into Press Metal Aluminium Holdings Berhad much of the company’s value, based on its long-term record of successful operations and solid profitability, the company's consistent success in generating profit and operating successfully suggests that Press Metal...
Hindalco Industries attracted investor attention after Novelis, its subsidiary, resumed operations at the hot mill of its Oswego facility in New York. The unit had been affected by a fire earlier, leading to a temporary disruption. The company said the hot mill is now back in operation and work is...
中文翻译附于新闻末尾，敬请继续阅读。 China Hongqiao Group is looking to raise the annual limits on a bauxite supply deal involving its subsidiary, Well Harvest Winning. The company said the current limits may not be enough for its expected needs over the coming years. The supply agreement runs until 2033 and is with...
LME aluminium price graph showed a stronger trend on June 12, with cash, three-month and forward contracts all moving higher compared with the previous trading session, while stocks continued to fall. The LME aluminium cash bid price rose to USD 3,535 per tonne on June 12 from USD 3,498 per tonne...
Aluminium ingot inventory: Destocking turning point established at high levels, but absolute volume pressure persists China’s aluminium ingot inventory, after hitting a peak not seen in nearly three years in 2026, accelerated its pullback this week. According to SMM statistics, as of June 11,...
The next chapter of Vedanta Limited’s restructuring journey begins on June 15, with four newly demerged businesses making their stock market debut. The entities, viz., Vedanta Aluminium Metal Limited, Vedanta Power Limited, Vedanta Oil & Gas Limited, and Vedanta Iron & Steel Limited, will be listed...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,165 per tonne in the night session on Jun 12, with its highest price at RMB 24,280 per tonne, lowest price at RMB 24,145 per tonne, and closing price at RMB 24,275 per tonne, up 0.46 per cent from the previous settlement. Prices...
Norsk Hydro has been hit by a second aluminium supply crisis leading to yet another force majeure in just three months after its Qatar joint venture, Qatalum, unexpectedly terminated a long-standing marketing agreement with the Norwegian producer, raising fresh concerns over the company's ability...
This week, the operating rate at leading aluminium downstream processors in China came in at 63.6 per cent, down 0.4 percentage points W-o-W. Off-season characteristics emerged, with most segments under general pressure, while only the aluminium wire and cable sector bucked the trend and held up...
On June 10, Mysteel assessed the average price for domestically-generated #6063 aluminium scrap in South China's Guandong province at RMB 19,650 per tonne (USD 2,901 per tonne), slightly lower by 0.5 per cent on month and unchanged from the end of May. The increasing tax burden incurred by the...
Futures: SHFE aluminium closed at RMB 24,155 per tonne in the daytime session, up 0.62 per cent, remaining below all key moving averages (MA5≈24,072, MA10≈24,300, MA30≈24,450, MA60≈24,590), with clear downward pressure from short-term MAs and the bearish alignment still in place. The MACD indicator...
The London Metal Exchange (LME) aluminium cash price and near-term contracts recorded improvement on the June 11 over the previous trading session of June 10 . Longer dated contracts and stocks, however, continued to record further decline. The LME aluminium cash bid rose 0.29 per cent day-on-day...
A new study by economic research firm John Dunham & Associates found that the US aluminium industry directly employs more than 165,000 workers, essentially unchanged from a decade ago despite significant shifts across manufacturing segments and global market conditions. The 2026 Economic Impact of...
