Canadian Prime Minister Mark Carney has indicated Ottawa’s readiness to resume Canada-US trade talks and reach a deal with President Donald Trump, as the tariff debate continues to pressure deeply integrated supply chains. Tariff uncertainty could also pressure aluminium trade, costs, aluminium...
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...
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Futures: During the night session on November 14, the most-traded SHFE aluminium contract opened at RMB 21,835 per tonne, reached a highest price of RMB 21,835 per tonne and a lowest price of RMB 21,650 per tonne, and finally closed at RMB 21,795 per tonne, down 0.54per cent. The night session...
The global aluminium downstream industry is experiencing a dynamic blend of innovation, investment, and evolving policy landscapes. From breakthrough alloy developments and increased ownership stakes to multimillion-dollar commitments for new extrusion projects, the sector has generated...
Over the past few years, the aluminium foil market has been moving in one direction — up—and it’s been doing very quietly, without any dramatic spikes. Back in 2018, global use of foil was around 5.3 million tonnes. By 2023, it moved up to 6.1 million tonnes. And if current projections hold, the...
Futures: The most-traded cast aluminium alloy 2601 contract opened at RMB 21,350 per tonne overnight, continued to hold up well, touched a high of RMB 21,375 per tonne, a low of RMB 21,280 per tonne, and finally closed at RMB 21,370 per tonne, up RMB 30 per tonne or 0.14per cent from the previous...
Aluminium prices have witnessed a 0.09 per cent rise, amounting to USD 273.8 per kg, attributed to revived market sentiment by the support of China’s economy-boosting measures and the US government shutdown causing supply disruptions . Supply tightness builds globally Production issues at major...
Futures: Technically, the SHFE aluminium 2601 contract extended gains in yesterday's night session, closing at RMB 21,950 per tonne, up 0.85per cent, showing strong performance. The moving average system displayed a bullish alignment, with MA5 to MA60 (21,945-21,949) highly converged and prices...
Century Aluminium Corporation’s shares tumbled sharply after reports emerged that Glencore, its key investor, sold a majority of its holdings in a large block trade. Reportedly, Glencore offloaded its 9 million shares of Century Aluminium at USD 30.65 each, generating gross proceeds of...
On the Multi Commodity Exchange (MCX), the Aluminium Futures contract trade is recorded to be swaying between INR 268 (USD 3.22) and INR 275 (USD 3.31) per kg. As of now, aluminium is traded at INR 273 (USD 3.28) per kg. As of now, the price has been broadly range-bound in the past week. With a...
Futures: From a technical perspective, SHFE aluminium 2601 prices at the night session closed at RMB 21,675 per tonne. The MA5 (21,675) and MA60 (21,674) are near the current price, but the MA10 (21,677) and MA20 (21,677.33) are slightly higher, forming short-term resistance. The MACD indicator is...
NALCO has had a strong FY 2025–26 so far. In the quarter ending September 2025, the company’s net profit shot up by 35 per cent, reaching INR 1,433 crore (USD 161.5 million), compared to INR 1,062 crore (USD 119.7 million) during the same quarter last year. Image for representational purpose Total...
Futures: Based on the SHFE aluminium 2601 contract, the technicals from Friday's night session showed: The price settled at RMB 21,555 per tonne, down 0.46 per cent, below all key moving averages (MA5=21,557, MA10=21,558.5, MA30=21,558.33, MA60=21,558.5), indicating a short-term bearish bias; In...
The global bauxite market size is poised to grow at a CAGR of 2.7 per cent by 2032, reaching USD 19.6 billion. In 2024, the market size was USD 15.9 billion, and in 2025, it is expected to stand at USD 16.4 billio - still a USD 3.2 billion journey away from its projected peak. And as the numbers...
SHFE aluminium fluctuated in the morning session, hovering around RMB 21,570 per tonne. In East China, high absolute prices dampened end-users' buying sentiment, with sporadic transactions concluded at a small discount to the SMM average price. However, as the price spread between futures contracts...
Last week, according to Mysteel's assessment, the benchmark 5,500 kcal per kg NAR thermal coal dipped from RMB 768 per tonne (USD 107.9 per tonne) on Monday to RMB 766 per tonne on Tuesday. After staying at this level in the following two days, it rebounded to RMB 769 per tonne on Friday. Explore-...
Futures: During the night session on November 5, the most-traded SHFE aluminium contract opened lower, then surged before entering a consolidation phase. The 2512 contract opened at RMB 21,355 per tonne, hit a high of RMB 21,475 per tonne, touched a low of RMB 21,330 per tonne, and closed at RMB...
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, but the following represented a dip in the LME, where cash, 3-month contract and forward contract dipped significantly. Both the LME cash bid and offer fell by USD 14.5 per tonne or 0.5 per cent, down from USD...
Futures: On the night session of November 4, the most-traded SHFE aluminium contract opened higher but came under pressure and pulled back, then moved into consolidation, generally holding steady at high levels. The 2512 contract opened at RMB 21,395 per tonne, hit a high of RMB 21,440 per tonne...
Antipodes Partners Ltd has taken a fresh position in Century Aluminium Company (NASDAQ: CENX), according to its latest SEC filing. The Sydney-based investment firm acquired 153,131 shares in the industrial metals producer, a stake valued at roughly USD 2.8 million at the time of purchase. By the...
