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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The London Metal Exchange (LME) aluminium price chart continued to record a declining trend across all the pricing segments at the close of the June 24 trading session. Only the alumina pricing segment showed consistency. The LME aluminium cash bid as well as offer prices eased by 0.59 per cent...
The effects of the ongoing Middle Eastern conflict are now being felt beyond global shipping lanes, reaching supermarket shelves in India through a higher-priced Diet Coke. Supply disruptions affecting aluminium cans have prompted Coca-Cola to change its packaging strategy, illustrating how...
The US Federal Reserve has kept the interest rates unchanged, keeping the benchmark federal funds rate at 3.50-3.75 per cent for the fourth consecutive meeting. The decision, approved unanimously in a 12-0 vote by the Federal Open Market Committee (FOMC), was widely expected by financial markets...
Futures: SHFE aluminium closed at RMB 23,280 per tonne, slightly down 0.02 per cent, with prices above MA5 (23,197) and MA10 (23,192.5), and the closing price of 23,280 exactly matching MA30 (23,276.67). Short-term moving average support is effective, while the mid-term moving average pressure...
The London Metal Exchange (LME) aluminium chart recorded a decline across all the pricing segments at the close of the June 23 session. Only the live warrants and alumina price remained stable. The LME aluminium cash bid price eased from USD 3,204 per tonne on July 22 to USD 3,193.5 per tonne on...
Jennison Associates LLC disclosed a new investment in Kaiser Aluminum after acquiring 6,271 shares during the first quarter, valued at approximately USD 756,000, according to its latest filing with the US Securities and Exchange Commission. Global Retirement Partners LLC increased its stake in...
Shares of Aluminum Corporation of China (Chalco) rallied during the latest trading session after investors responded positively to plans by its parent company to increase its shareholding, alongside improving aluminium market fundamentals. The company's Hong Kong-listed shares gained 6.28 per cent...
Norsk Hydro has warned that the global aluminium market could face a deeper supply deficit if disruptions to shipping through the Strait of Hormuz continue, with prolonged constraints expected to tighten the availability of both raw materials and finished metal. Hydro President and CEO Eivind...
Recent changes to US aluminium tariffs are likely to become a permanent feature of the country's trade policy rather than a temporary measure, according to analysts at ING, who say the changes point to a broader shift towards long-term protectionism. In a recent market note, ING's commodities team...
The most-traded SHFE aluminium 2609 contract closed at RMB 23,345 per tonne today, gaining RMB 85 per tonne, or 0.37 per cent. It opened flat and consolidated, dipped to a low of 23,230 before stabilising, then drifted higher, and closed near the session high, forming a full bullish candlestick...
Steel Dynamics posted stronger second-quarter results for 2026, supported by higher steel prices, record shipment volumes and continued progress at its new aluminium flat-rolled business. The company reported revenue of USD 6.1 billion, up 33 per cent from the second quarter of 2025 and 17 per cent...
Crown Holdings delivered higher second-quarter earnings as growing demand for aluminium beverage cans drove stronger shipment volumes across its global operations, encouraging the packaging manufacturer to upgrade its earnings outlook for 2026. The company reported diluted earnings per share of USD...
Norwegian aluminium producer Hydro delivered stronger financial results in the second quarter of 2026 as firmer aluminium prices, higher product premiums and improving recycling performance offset weaker energy production and currency headwinds. The company reported adjusted EBITDA of NOK 8.923...
Matt Meenan joined the Aluminum Association in December of 2012 and has served in roles of increasing responsibility managing all aspects of the association’s external communications. As Vice President of External Affairs, Meenan oversees the external affairs department and develops strategies and...
Futures: The SHFE aluminium daytime session closed at RMB 23,185 per tonne, up 0.56 per cent, with the price slightly above the MA5 (23,151.7) and MA10 (23,148.5) but still below the MA30 (23,329.33) and MA60 (23,960). Short-term moving averages provided support, while medium-term moving averages...
Today, the most-traded SHFE aluminium 2609 contract closed at RMB 23,160 per tonne, edging up 0.56 per cent intraday. Trading volume was 204,700 lots, significantly higher than the previous 113,000 lots. Volume expanded during the rally and contracted on the pullback, indicating limited willingness...
Futures: SHFE aluminium closed at RMB 23,030 per tonne, down 0.78 per cent. The price was below all key moving averages (MA5=23,035, MA10=23,135, MA30=23,359.83, MA60=23,399.08). The moving-average system was in a bearish alignment, and the weak pattern continued. MACD indicators showed DIF=-196.09...
The London Metal Exchange (LME) aluminium price chart posted a modest recovery on the July 20 session after declining on the July 19 trading session . While the pricing segments improved, the three-month benchmark and the inventories declined. The LME aluminium cash bid expanded 0.1 per cent...
