China aluminium rebounds as off-season demand defies expectations; tight supply to support August gains
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...
Middle East shipping disruptions have pushed ALUPCO to re-strategise its aluminium extrusion supply chain strategies
From a Saudi extrusion manufacturer established in 1975 to an integrated aluminium solutions provider serving more than 26 countries, ALUPCO’s growth mirrors the rapid transformation of the Middle East’s construction and infrastructure landscape. In this exclusive AL Circle interview, Abdul Aziz...
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Geopolitical conflicts combined with rate hike slowdown, aluminium prices stay strong and rise, yet upside resistance remains
Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 23,090 per tonne, down RMB 135 or 0.58 per cent from yesterday's settlement price. It opened the day at RMB 23,120 per tonne and fluctuated within a range of RMB 23,090–23,190 per tonne. Prices were above the 5-day MA (23,116.00)...
US fed rate hike expectations persist, geopolitical premium boost the resilience of aluminium price bottom
Futures: The most-traded SHFE aluminium 2608 contract settled at RMB 23,075 per tonne, up RMB 75 from yesterday’s settlement price, a rise of 0.33 per cent. It opened at RMB 23,040 per tonne and traded in a range of RMB 23,025-23,160 per tonne. The price traded above the MA5 (23,042.00) and MA10...
Russia captures 46% of India’s crude oil basket as June imports hit record 2.6 million bpd
India’s crude oil sourcing map underwent another significant shift in June, with Russian barrels accounting for nearly half of the country’s total imports. Purchases from Russia climbed 17 per cent month-on-month to a record 2.6 million barrels per day (bpd), lifting Moscow’s share of India’s crude...
Gulf aluminium producers accelerate overseas acquisitions amid geopolitical and supply chain risks
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
From mines to markets: How geopolitics and raw material pressures are transforming aluminium supply chains
The global aluminium industry is entering a phase where the biggest concern is no longer just building more smelters or expanding downstream demand. Across Asia, Europe, the Middle East and the Americas, the focus is increasingly shifting toward securing stable supplies of bauxite and alumina as...
