Futures: The most-traded SHFE aluminium contract opened at RMB 24,240 per tonne in the night session on September 4, with a high of RMB 24,355 per tonne, a low of RMB 24,220 per tonne, and a close of RMB 24,320 per tonne, up 0.12 per cent from the previous close. Futures stabilised and rebounded,...
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...
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Chinese and Japanese aluminium stocks gained on Wednesday after Norsk Hydro announced that its Alunorte alumina refinery in Brazil had reduced production to 50 per cent of capacity because of disruptions to its natural gas supply. The move added to concerns over raw material availability in an...
Futures side: The aluminium alloy 2610 contract opened at RMB 23,500 per tonne today; after edging slightly higher in early trading, it pulled back under pressure and drifted lower overall, with the decline widening somewhat intraday. It closed at RMB 23,355 per tonne at midday, down 1.33 per cent....
Aluminium is increasingly getting caught in the fallout from the Middle East conflict. What began as a disruption to two of the region’s critical shipping routes - the Strait of Hormuz and Bab al-Mandab - is now affecting aluminium production, shipments and prices. The pressure is particularly...
Futures: SHFE aluminium closed at RMB 24,195 per tonne, down 0.62 per cent, with prices falling below MA5 (24,187) but still above MA10 (23,961), MA30 (23,435) and MA60 (23,708). Short-term moving average support is facing a test, but the medium-term bullish structure remains intact. The MACD...
The London Metal Exchange (LME) aluminium price chart reported major declines of nearly 2 per cent across the pricing and contract segments on the August 12 close after an improvement was noticed on the August 11 session . The LME aluminium cash bid eased 1.93 per cent day-on-day on August 12, down...
Chinalco has increased its stake in Aluminum Corporation of China Limited, known as Chalco, after purchasing shares worth CNY 659 million (USD 97.7 million). According to a Hong Kong filing dated August 11, 2026, Chinalco and parties acting in concert acquired 77.4 million Chalco shares, comprising...
According to the SMM survey, the operating rate of China's secondary aluminium industry rebounded slightly to 34.6 per cent in Jul 2026, up 1.4 percentage points M-o-M from June, while it fell 7.0 percentage points Y-o-Y. Operating rates among secondary aluminium alloy enterprises showed mixed...
Shares of aluminium companies NALCO, Hindalco Industries and Vedanta Aluminium Metal surged on Wednesday, August 12, after Norsk Hydro ASA reported that its Alunorte alumina refinery in Brazil had reduced production to 50 per cent of capacity due to a shortage of natural gas. The production cut has...
LME aluminium prices advanced on August 11, with cash and three-month contracts rising by more than 1 per cent as LME stocks continued to edge lower. The LME aluminium cash bid price increased to USD 3,372 per tonne on August 11 from USD 3,327 per tonne on August 10, marking a rise of 1.35 per...
Futures: SHFE aluminium closed at RMB 24,320 per tonne, up 0.58 per cent, with the price well above all key moving averages (MA5=24,117, MA10=23,907.5, MA30=23,377.83, MA60=23,716.17). Moving averages were in a bullish alignment and accelerating divergence, signalling a strong mid-term uptrend. The...
Mysteel's price assessment showed that China's aluminium prices demonstrated a clear recovery trend entering July 2026. On one hand, the previous oversold conditions provided technical momentum for a rebound; on the other, fundamentals offered robust support. During the price correction phase, the...
US steel and aluminium imports fell 8.5 per cent from August 2025 to May 2026, as Chinese imports dropped sharply while Thailand and other Asian suppliers gained ground. US imports of steel and aluminium declined 8.5 per cent between August 2025 and May 2026 compared with the same period a year...
Aluminium prices have climbed to their highest level since June as stalled US-Iran talks over the Strait of Hormuz raise fresh concerns about supply, while global inventories remain near their lowest level in decades. Aluminium is climbing again, and this time the market's attention is firmly back...
Press Metal Aluminium Holdings is still benefiting from a tight aluminium market in 2026, but cooling prices and a potential supply surplus in 2027 are making the outlook more balanced. The aluminium rally that helped lift expectations for Press Metal Aluminium Holdings Bhd is beginning to lose...
Aluminium was Saudi Arabian Mining Co. (Maaden)'s best-performing business in Q2 2026, with revenue rising 49 per cent to USD 1.01 billion and EBITDA more than doubling to USD 411 million. This helped push the company’s total quarterly revenue up 16 per cent to USD 2.9 billion. For the quarter...
The overseas primary aluminium spot market remained subdued this week. Although limited restocking briefly improved trading activity in South Korea at the beginning of the week, the recovery was not sustained, and transactions weakened again from midweek. Elsewhere in Asia, the traditional...
MCX aluminium prices are entering the second half of August with supply-side risks once again becoming a key market driver. ICICI Direct expects the August aluminium futures contract to find support near INR 344 per kg and move towards INR 356 per kg. Aluminium has been through a sharp...
Futures: SHFE aluminium closed at RMB 24,190 per tonne, up 0.64 per cent, hitting a new recent high. The price stood well above all key moving averages (MA5=23,998, MA10=23,815, MA30=23,312, MA60=23,720), with the MA system in a bullish alignment, confirming a clear medium-term uptrend. The MACD...
