The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to...
The most-traded SHFE aluminium 2610 contract closed at RMB 24,100 per tonne today, up RMB 30 on the day, a gain of 0.12 per cent. Trading volume was 163,674 lots, open interest stood at 242,331 lots, with a daily decrease of 6,267 lots, as both bulls and bears reduced positions to lock in profits...
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On March 12, Mysteel assessed the national average spot price for metallurgical-grade alumina with a minimum purity of 98.6 per cent at RMB 2,692 per tonne (USD 390.7 per tonne), up by a further RMB 17per tonne from a week earlier. Explore- Most accurate data to drive business decisions with Global...
Futures: During the night session on March 17, the SHFE aluminium 2605 contract opened at RMB 25,060 per tonne, hit a high of RMB 25,110 per tonne and a low of RMB 24,745 per tonne, and finally closed at RMB 24,915 per tonne, down RMB 75 per tonne from the previous close, or 0.30per cent. Technical...
After slipping by 1.1 per cent, the aluminium prices settled at INR 346.1, which is influenced by a stronger US dollar, with the future hope for further interest rate cuts from the Federal Reserve seeming to be fading. Irrespective of the dip, aluminium prices were supported throughout the week,...
Normally, the NBS consolidates production data for January and February to minimise distortions caused by the Chinese New Year (CNY) holiday, which usually falls in either of the two months, Mysteel Global notes. To know more about the global primary aluminium industry 2026 outlook, book the report...
Futures: In the night session on March 16, the SHFE aluminium 2605 contract opened at RMB 24,975 per tonne, hit an intraday high of RMB 25,080 per tonne and a low of RMB 24,865 per tonne, and finally closed at RMB 24,970 per tonne, down RMB 200 per tonne from the previous close, or 0.79per cent....
On March 16, Tianshan Aluminum Group Co., Ltd., a China-based aluminium sheet provider, experienced a drop in its stock price, sliding by 4.21 per cent to reach an intraday low of CNY 18.50 (USD 2.66). The decline is taking place against the backdrop of a wider market downturn, as the China...
On March 16, the London Metal Exchange (LME) aluminium price, even after being amidst the war and supply crunch due to the temporary closure of the Strait of Hormuz, after days of an upward rising trend, has calmed down. However, at the longer dated contracts, the LME price seems to continue its...
Meanwhile, regional price assessments for the same grade of spot alumina rose across China's five major alumina production hubs. The assessed prices in Shandong, Henan, Shanxi, and Guizhou provinces and in the Guangxi autonomous region all increased by RMB 5 per tonne on the day, averaging between...
Macro perspective: The Middle East turmoil triggered by a joint US-Israeli military strike on Iran became the biggest geopolitical black swan for the global primary aluminium market, potentially causing supply disruptions on the scale of millions of metric tons while also pushing up smelting costs....
The global aluminium chemicals sector is witnessing steady growth, supported by increasing demand for efficient water treatment solutions and expanding personal care consumption worldwide. Among these chemicals, aluminium chlorohydrate (ACH) has gained strong industrial relevance due to its...
On March 9, for example, the average price for domestically-generated #6063 aluminium scrap in South China's Guangdong province had jumped by 5.9 Per Cent from the end of February to reach RMB 19,750 per tonne (USD 2,872 per tonne), the highest since January 2023, according to Mysteel's assessment....
Futures: The night session on March 11 closed at RMB 25,315 per tonne, up 0.68 per cent, extending its strength. Prices held above all moving averages, with MA5 (25,015) and MA10 (24,689) in a bullish alignment, keeping the medium-term uptrend intact. The MACD indicator showed DIF (349.81) and DEA...
India's imported aluminium scrap prices recorded a sharp week-over-week rise as of 10 March 2026, supported by gains in prices on the London Metal Exchange and ongoing geopolitical tensions, while domestic Tense scrap prices also remained firm amid tight local supply conditions. As per BigMint's...
Futures: Overnight, the most-traded 2604 aluminium alloy contract closed at RMB 23,645 per tonne, down RMB 25 from the previous trading day’s settlement price, a decline of 0.11 per cent. The high was RMB 23,705 per tonne, and the low was RMB 23,310 per tonne, with a fluctuation of RMB 395. The...
US-based multinational financial service firm Citigroup Inc. expanded its holdings in Kaiser Aluminium Corporation by 127.3 per cent or 19,294 shares during the third quarter, based on the company’s latest Form 13F filing with the US Securities and Exchange Commission. The firm now owns 34,456...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on one site, announced the promotion of Shoji Takeuchi to Manager Sales - Asia Pacific, as part of its ongoing efforts to strengthen its presence in high‑growth markets. For the global aluminium value-chain 2026 outlook, book...
Futures: The most-traded SHFE aluminium 2604 contract closed at RMB 24,850, still well above long-term moving averages such as MA30 (24,251.09) and MA60 (23,585.42), indicating that the medium- and long-term uptrend has not yet reversed. However, in the MACD indicator, although the DIF line...
By the close of Friday's daytime trading session, the most-traded May nickel futures contract had fallen by 3.1 per cent from a week earlier to RMB 137,140 per tonne (USD 19,883 per tonne), the most-traded April copper contract declined by 2.8 per cent on the week to RMB 101,050 per tonne. In...
