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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After Turkey’s move to guard its domestic aluminium foil industry from Chinese dumping , India has decided to extend the anti-dumping duty on aluminium foil imports from China, Indonesia, Malaysia and Thailand until December 15, 2026. The decision was passed as domestic producers like Hindalco...
Russian aluminium strengthened its grip on London Metal Exchange (LME) warehouses in May, with its share of available stocks rising to 93 per cent from 72 per cent in April, according to exchange data. The increase was mainly due to traders withdrawing Indian-origin metal from LME warehouses. Total...
Futures: Overnight, the aluminium alloy 2608 contract opened higher, then retreated after rapid rise, reaching a high of RMB 23,465 per tonne and a low of RMB 23,005 per tonne, closing at the settlement price of RMB 23,251 per tonne. The minutely chart showed that after the night session opened,...
The LME aluminium price graph showed a broadly weaker trend on June 10, with cash, three-month and December 2027 contracts all recording declines compared to the last date. The LME aluminium cash bid price fell to USD 3,488 per tonne on June 10 from USD 3,607 per tonne on June 9, marking a decline...
Europe's aluminium market is facing fresh pressure as higher energy costs and tightening global supply combine to create a more challenging environment for producers and consumers alike. The disruption to shipping through the Strait of Hormuz has raised concerns over energy security, while reduced...
Aluminium prices may have eased from their recent peak, but they are unlikely to return to the lower levels seen in earlier years, according to Axis Securities, which expects the market to remain supported by tight supply, rising production costs and steady demand growth. The metal had climbed to...
Today, the American Primary Aluminum Association celebrates the one-year anniversary of President Trump's 50 per cent Section 232 aluminium tariff. This tariff is revolutionising domestic manufacturing production, strengthening supply chains, creating thousands of new jobs, generating billions of...
CMR Green Technologies is expected to make a strong debut on the stock exchanges after its initial public offering (IPO) received an overwhelming response from investors. The company, which focuses on aluminium and non-ferrous metal recycling, is currently commanding a grey market premium (GMP) of...
Hyundai has released the first teaser images of the next-generation i20 for the Brazilian market, giving an early look at the hatchback’s updated design. The biggest changes appear at the front and rear. The new i20 will feature connected LED daytime running lights at the front and a full-width LED...
Futures: SHFE aluminium settled at RMB 23,900 per tonne, down 0.67 per cent. Prices further moved away from all moving averages (MA5=24,146, MA10=24,389, MA30=24,483, MA60=24,612), with the moving average system showing an accelerated bearish alignment and divergence, and weakness intensifying. The...
The close of June 9 witnessed the London Metal Exchange (LME) aluminium price graph continuing to slip across all categories in aluminium prices, contracts, as well as stocks. Stability was noted only in live warrants and the alumina platts price. To know the long-term upstream market forecast,...
Hindalco Industries is betting on its downstream aluminium business to drive the next phase of growth, with the company expecting annual operating profit from the segment to increase by 15-18 per cent over the next five years. According to Satish Pai, Managing Director of Hindalco Industries, the...
In an interview for the 8th edition of LeaderSpeak 2026, , Jean Simard, the President and CEO, Association de l'aluminium du Canada (Aluminium Association of Canada) outlines Canada’s aluminium sector as a reliable, low-carbon and strategically important supplier to North America, while...
Aluminium producer China Hongqiao Group Ltd. said on Monday, June 8, 2026, that its parent company, China Hongqiao Holdings, purchased 21 million shares in the company at an average price of HKD 26.464 per share. The transaction amounted to a total consideration of HKD 556 million (USD 71.28...
Turkey has officially retained the 22 per cent CIF anti-dumping (AD) duty on Chinese aluminium foil imports for the next five years. The decision extends trade protection measures that have been in place for more than a decade. According to Notice No. 2026/16 issued by the Turkish Ministry of Trade...
The Capacity Replacement Scheme for the aluminium electrolysis construction project of Yunnan Hongtai New-type Materials Co., Ltd. (Announcement No. 18 of 2019 by the Department of Industry and Information Technology of Yunnan Province) was publicly announced on December 26, 2019. The construction...
The London Metal Exchange (LME) aluminium prices, as witnessed in the previous three sessions, have persisted on the declining graph at the close of the June 8 session. The LME aluminium cash bid price declined to USD 3,669 per tonne on June 8 from USD 3,735 per tonne on June 5 , marking a decrease...
Futures: SHFE aluminium closed at RMB 24,125 per tonne, edged up 0.15 per cent, with price far below all key moving averages (MA5=24,273, MA10=24,380, MA30=24,518.67, MA60=24,637.5). The moving averages maintained a bearish alignment, and the weak pattern remained unchanged. The MACD indicator...
