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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Futures: SHFE aluminium closed at RMB 22,175 per tonne in the night session, up 0.82 per cent. The price stood above all major moving averages, with MA5 (22,174) and MA10 (22,168.5) forming a bullish alignment, indicating a strong short-term structure. The MACD dual lines were above the zero axis...
Benjamin Pope’s career spans over 20 years in the metals industry, with a concentration in non-ferrous materials, primarily aluminium. His experience encompasses the full spectrum of aluminium products, including billet, flat-roll, secondary ingot, and various scrap streams, all within the context...
Since November, driven by strong demand from the energy storage sector, downstream material manufacturers have been operating at historically high utilisation rates, leading to a widening monthly supply gap for lithium carbonate. Prices surged significantly, with futures rising from around RMB...
Futures: The most-traded cast aluminium alloy 2601 contract opened at RMB 21,070 per tonne overnight, climbed to a high of RMB 21,175 per tonne, fell to a low of RMB 20,730 per tonne, and finally closed at RMB 21,130 per tonne, down RMB 60 per tonne or 0.28 per cent from the previous close. Trading...
On December 10, Wednesday, Vidya Wires IPO made a flat debut at the stock market, settled at INR 52.13 on BSE, and sold the shares with a microscopic premium of 0.25 per cent from the issue price of INR 52 apiece. The stock is to embark on its maiden trade session on its very issue price on NSE....
The United Kingdom’s aluminium industry has two options ahead to survive - one is by remaining reliant on imported aluminium cast, rolled, extruded, or forged semi-fabricated products with little or no control over embedded carbon, and the other is by developing a domestic recycling-based supply...
Futures: SHFE aluminium 2601 night session closed at RMB 22,120 per tonne, down 0.11per cent, fluctuating rangebound overall. MA5 (22,117) and MA10 (22,113.50) formed short-term support, with the price currently above the moving average system; however, MACD (DIF 2.1396, DEA 1.3982) red bars...
According to SMM survey statistics, the operating rate of the secondary aluminium industry in November 2025 rose 2.3 percentage points M-o-M to 46.3per cent, up 2.7 percentage points Y-o-Y. The drivers for the increase in the operating rate in November included: 1. Seasonal production recovery: The...
Amidst a tough financial premise and bleak market sentiment, Hind Aluminium’s marketing strategy has come under fresh scrutiny. Concerns across quality, valuation, financial performance and technical indicators are going to be reassessed, which clearly highlights the difficulties the company is...
The Gujarat Authority has rolled out an important decision regarding the supply of imitation zari thread or yarn for Advance Ruling (AAR). The material in question, if it is manufactured from metallised polyester or plastic film containing aluminium, will be applied with 5 per cent GST as per the...
Futures: SHFE aluminium 2601 closed at RMB 22,165 per tonne in the night session, down 0.23 per cent. Technically, moving averages formed a bullish alignment but flattened in the short term, with MA5 (22,165) and MA10 (22,163) converging above MA30 (22,158.67) and MA60 (22,154.25), indicating...
While most of the public sector stocks tend to slip in and out as per the market conditions, National Aluminium Company Limited (NALCO) has shifted firmly back into focus. The aluminium producer has staged one of its strongest rallies in recent years and is now prompting investors to reassess its...
Iochpe-Maxion, a global manufacturer of automotive wheels and structural components, through its subsidiary Maxion Wheels, announced that it was taking strategic measures to strengthen its light vehicle aluminium wheel business in South America. It had redeployed existing global production assets...
With the stocks coming under intense pressure and sellers crowding the market without a single buyer, Global Aluminium is going through a turbulent time. No buyers for an extended phase have pushed the stock into three straight sessions of losses, causing concerns if this slide is the outcome of...
As of November 28, Mysteel's assessment for the benchmark 5,500 kcal per kg thermal coal at China's northern ports reached RMB 821per tonne (USD 116.8per tonne), down RMB 9per tonne from a week ago. The 5,000 kcal per kg and 4,500 kcal per kg NAR grades reached RMB 721per tonne and RMB 625per...
Futures: During the night session on December 1, the most-traded SHFE aluminium 2601 contract opened at RMB 21,870 per tonne, reached a highest price of RMB 21,940 per tonne, a lowest price of RMB 21,820 per tonne, and finally closed at RMB 21,885 per tonne, up 0.09 per cent. From a technical...
The London Metal Exchange (LME) price on December 1 significantly increased from the previous day’s close. However, the opening stock and cancelled warrants declined along with the cost of alumina platts. Both the LME cash bid and offer rose by USD 34 per tonne or 1.2 per cent, where the bid stood...
Ardagh Group, a global supplier of packaging solution, has turned in a solid set of numbers for the third quarter of 2025 ended September 30, riding on resilient demand for packaging across Europe and the Americas. Here metal packaging was star of the show overlooking glass that let Ardagh saw an...
