The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
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...
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Mixed-Up Cocktail Co. (Mixed-Up), the creator and producer of bold, Ready-to-Drink (RTD) aluminium canned craft cocktails, has announced the plan to expand its facility further in 2025. According to IWSR's RTDs Strategic Study 2024, demand for ready-to-drink (RTD) beverages grew by an average of 2...
The United States in 2024 further solidified its position as the world's largest economy, with resilient consumer spending driving its continued lead over China for the third consecutive year—at least by one key measure. According to data released by the Bureau of Economic Analysis on January 30,...
The aluminium industry in 2025 stands at a pivotal juncture, shaped by evolving market dynamics, geopolitical uncertainties, and the accelerating drive toward sustainability. Stakeholders must navigate these complexities to position themselves for a transformative year ahead. The "Global Aluminium...
National Aluminium Company (NALCO) experienced an eventful trading session on January 31, 2025, surpassing the nation’s aluminium sector. Despite trading below past key moving averages, it delivers a high dividend yield. The stock’s recent performance contrasts with broader market trends. NALCO’s...
Aluminium prices edged up by 0.08 per cent to close at INR 252.75 (USD 2.92) amid renewed investor optimism over China following comments from former US President Donald Trump hinting at a potential trade deal with the world's largest consumer of metals, as reported by investing.com. Market...
Australia is on course to achieve a record-breaking performance in aluminium exports, with the metal now ranking as the fourth-largest export category after iron ore, coal, and natural gas. According to the International Trade Administration, Australia’s aluminium exports in the first eleven months...
Kepler Cheuvreux, a European financial services firm specialising in research, execution, and asset management, resumed coverage of Norsk Hydro SA shares, assigning a Buy rating with a price target of NOK 88.00. A "Buy" rating from a stock analyst indicates their belief that the stock is either...
On January 24, aluminium prices remained in a narrow range. SMM A00 aluminium ingot prices decreased by RMB 10 per tonne compared to the previous trading day to RMB 20,190 per tonne, while secondary aluminium prices remained stable. For domestic prices, large domestic secondary aluminium...
European aluminium billet market is beginning its new calendar year, keeping a cautious look over its shoulder, as demand remains sluggish amid hidebound buying practices, while production cuts intend to leave the supply chain vulnerable to sudden fluctuations. Platts, part of S&P Global Commodity...
The European aluminium industry needs swift action to keep the region competitive in the wake of high energy prices, expensive raw materials and increased global competition, Paul Voss, director general of industry body European Aluminium, told S&P Global Commodity Insights in an interview at the...
As the aluminium industry braces for 2025, it stands at the confluence of innovation, sustainability, and market transformation. The forthcoming "Global Aluminium Industry Outlook 2025" delves deep into the dynamics set to redefine the global aluminium landscape, equipping stakeholders with...
Since mid-to-late October 2024, imported bauxite prices have accelerated their rise, with bulk transaction prices surging from US$75-77 per tonne to a peak of US$128-130 per tonne. However, recently, spot alumina prices have accelerated their decline. As of this Thursday, aluminium smelters in...
Imported aluminium scrap prices in India witnessed an uptrend w-o-w, with fluctuations of up to 1.7 per cent, amid recovery demand post-New Year holidays. Amid a rise in London Metal Exchange (LME) aluminium prices, certain scrap grades reported supply shortages. BigMint's benchmark assessment for...
[ SMM Morning Comment on Alumina: Increased Low-Price Transactions Domestically and Internationally, Short-Term Alumina Prices Expected to Decline] : Recently, the weekly operating rate of alumina has continued to increase slightly, with no significant changes on the demand side. Low-price spot...
The Aluminum Association, Arlington, Virginia, has disclosed initial estimations of the domestic as well as transnational demand for the aluminium industry in North America (US and Canada) increased by 4.6 per cent through the first three quarters of 2024. The association’s ‘Aluminum Situation’...
The aluminium industry stands at the cusp of transformation, driven by technological innovation, sustainability imperatives, and shifting global market dynamics. In an ever-evolving landscape, staying ahead requires not just awareness but actionable insights. The forthcoming " Global Aluminium...
Vitol, an energy and commodities trader, is mulling over reducing its storage costs by withdrawing some substantial aluminium volume from London Metal Exchange (LME) warehouses in Port Klang, Malaysia. Image source: Vitol By removing stocks from LME-approved warehouses, Vitol can save 56 US cents...
Imported aluminium scrap prices in India dropped by up to 2.5 per cent w-o-w, mirroring a decline in London Metal Exchange (LME) levels. However, certain scrap grades held firm w-o-w amid reports of supply shortages. BigMint's benchmark assessment for Tense scrap originating from the UAE stood at...
