China exported 626,000 tonnes of unwrought aluminium and aluminium products in August, with shipments up 17.2 per cent year on year despite a 2.6 per cent monthly decline. China's aluminium exports remained firmly above year-earlier levels in August, highlighting continued strength in overseas...
Canada's retaliatory tariffs on US goods, including aluminium and steel products, take effect as Washington intensifies pressure on Canadian industry. Canada is escalating its trade confrontation with the United States, imposing tariffs of up to 50 per cent on US imports worth CAD 27.6 billion (USD...
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Given the ongoing Middle East conflict, it is creating a strain on the global aluminium supplies, a metal considered vital, especially for everything from fighter jets and soda cans to clean energy technologies like solar panels and electric vehicles. After Iran's attack on two aluminium smelters...
SMM April 30: Macro perspective: Internationally, on April 26, Iranian Islamic Parliament Vice Speaker Nikzad stated that Iran's Supreme Leader Mojtaba Khamenei had issued a clear order that the Strait of Hormuz must not return to its pre-war status. The US Fed maintained interest rates unchanged...
An increase of 21.6 per cent in the aluminium price this year has been observed by the World Bank, in comparison to the previous year. The observation comes after the industry is currently grappling with tight supply, low inventory and a strong demand coming from the emerging industries. The...
The final day of April witnessed a dip in the London Metal Exchange (LME) aluminium prices after remaining above USD 3,600 per tonne in the previous session. The close of the April 30 session recorded a decline in the aluminium prices, contracts, as well as stocks. To know the long-term upstream...
Manaksia Aluminium Company Limited, in the third quarter (Q3) of the financial year of 2025-26, is witnessing a gradual shift in the market trend, as improving technical indicators are offsetting a mixed financial performance. While near-term financial figures seem to bring about a pause in market...
Albgaz and Bosnia-based Aluminij Industries have entered separate long-term agreements for US liquefied natural gas supply, with both deals involving Aktor LNG USA. Under the Albanian agreement, Albgaz is set to receive around 1 billion cubic metres of LNG annually beginning in 2030. The contract...
Constellium started 2026 with stronger earnings and improved margins, posting what the company described as its best quarterly Segment Adjusted EBITDA performance to date. Revenue for the first quarter came in at USD 2.5 billion, up 24 per cent from the same period last year, while net income rose...
Recent investment attention has been brought towards South32 after announcing its production report for the quarter ending March 2026, along with reducing its forecasted Australia Manganese by 6 per cent on account of water management issues. These results provide details of the company’s...
In the first part of the “ Women in Aluminium: Real Stories. Real Shifts ” article series , we explored the beginnings of these women’s journeys, starting from their first jobs to the roles they occupy now, highlighting the pivotal moments that led them into this field. Now, as we dive into the...
The Government of India, through its Directorate General of Trade Remedies (DGTR) under the Ministry of Commerce, has launched an anti-subsidy investigation on aluminium wire products from Malaysia. The concern for a probe was raised by the leading Indian aluminium manufacturers, such as Vedanta...
Ford Motor Company has raised its full-year earnings outlook by USD 500 million, supported by a sizeable tariff refund, even as rising aluminium costs and supply disruptions weigh on its operations, particularly for its flagship F-150 pickup. The automaker said a February ruling by the US Supreme...
Futures: The AD2606 contract opened at RMB 23,010 per tonne in the night session, reaching a high of RMB 23,120 per tonne and a low of RMB 22,880 per tonne, closing at RMB 22,940 per tonne, down RMB 160 per tonne or 0.69 per cent from the previous settlement price. The night session overall moved...
The first quarter (Q1) financial results of Norsk Hydro delivered a resilient operational performance, although with mixed financial results in the upstream segment of alumina. Alumina production at Alunorte in Q1 2026 improved year-on-year compared to Q1 2025 , with yield improvement and...
The concern for new pressure for FY27 has been flagged by Vedanta Ltd., which is the result of the ongoing conflict involving the US, Israel and Iran. Due to this, aluminium production costs may push up by USD 50 to USD 100 per tonne in the first half of FY27. The firm raised this concern while...
According to SMM statistics, China's aluminium production in April 2026 (30 days) was up 1.7 per cent Y-o-Y and down 2.9 per cent M-o-M. As the traditional peak consumption season continued, downstream sectors such as plate/sheet, strip and foil, and aluminium wire and cable provided effective...
After witnessing a slight ease on April 28, the London Metal Exchange (LME) aluminium price again rose on April 29. However, the 3-month Asian Reference Price and the LME inventory continued to decline from the previous close. On April 29, the cash bid rose by USD 4.5 per tonne or 0.13 per cent,...
India's imported aluminium scrap prices exhibited mixed movements w-o-w as of 28 April 2026, despite an uptrend on the London Metal Exchange (LME), ongoing geopolitical tensions, and constrained global supply. According to BigMint's latest assessment for CFR Nhava Sheva deliveries, UK-origin zorba...
Norsk Hydro has acquired a long-term electricity arrangement with Statkraft to provide power supply for its aluminium plants in Norway well into the next decade. The agreement starts from 2029, up until 2038. Over that period, the total volume adds up to 12.3 terawatt hours, out of which 8.8 TWh...
