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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Shares of National Aluminium Company Limited (NALCO) lost value as the Nifty Metal index wrapped up the first week of 2025 on January 3. The Metal index itself remained relatively subdued, gaining just over 1 per cent at its highest point during the day before closing flat. While NALCO’s shares...
Alcoa's (NYSE: AA) share value has dropped nearly 60 per cent since March 2022, which was its all-time peak. During the same period, the S&P 500 index has increased by 33 per cent, yet this has not been enough to offset Alcoa's incredibly sharp decline compared to its peers. For instance, Century...
Shares of Goa Carbon Ltd, a leading Indian manufacturer of calcined petroleum coke (CPC), a crucial raw material for the aluminium and steel industry, surged by 9.4 per cent on Thursday during trading on the Bombay Stock Exchange (BSE), reaching an intraday high of INR 762.5 per share. The rally...
An Indian microcap entity dealing in the aluminium product business has recently reached a new 52-week low, with its share price dipping to INR 8.92 (USD 0.10) on January 2, 2025. IGC industries' such stock performance has nudged shareholders to follow the 'strong sell' advice of the analysts and...
Aluminium trading prices have remained stable at INR 241.4 (US$2.82) in India as on December 30, 2024 and while the prices have not changed, key data indicates an underlying tension in the market due to supply and demand dynamics. According to the International Aluminium Institute (IAI), global...
The Middle Eastern aluminium market is poised for significant growth, with projections indicating a valuation of USD 16.68 billion by 2030, driven by a compound annual growth rate (CAGR) of 5 per cent from 2024. This burgeoning market, according to an elaborate report by NextMSC , is currently...
Vedanta Limited has brought a different plan for its demerger scheme, which is to retain the base metal business under the parent company's umbrella. So, instead of six separate companies, billionaire Anil Agarwal-led Vedanta will demerge into five distinctive entities – Vedanta Limited, Vedanta...
According to the Shanghai Metals Market, there are currently 41 new and under-construction secondary aluminium projects in China, with a combined capacity of 4.63 million tonnes. Of this total capacity, 44.28% (2.05 million tonnes) is dedicated to secondary cast aluminium alloys across 28 planned...
Palco Metals, a microcap company operating in the aluminium and aluminium products sector, has attained a significant milestone by reaching an all-time high of ₹278.95 on December 20, 2024. This accomplishment underscores the company's robust market presence. On the day, Palco Metals outperformed...
The global leader in aluminium rolling and recycling in selected niches, Gränges, is set to join Nasdaq’s Large Cap segment following the Nordic market capitalisation review, effective January 2, 2025. Since its listing on Nasdaq Stockholm in October 2014, Gränges's market capitalisation has soared...
Shareholders of Century Aluminum (NASDAQ:CENX) are likely to express concern regarding the recent 13 per cent decline in the company's share price over the past month. However, this recent fluctuation does not overshadow the robust performance of the business over the last five years, during which...
Prices of aluminium (non-OEM) ADC12 alloyed ingots remained stable w-o-w across both northern and southern regions in India, largely due to ongoing sluggish demand in the automotive sector and a weakened export market. BigMint's weekly assessments for ADC12 (non-OEM) grade stood at INR...
Imported aluminium scrap prices in India remained range-bound w-o-w, with fluctuations of up to 1.5 per cent, amid moderate demand. Despite a decline in London Metal Exchange (LME) aluminium prices, certain scrap grades held firm w-o-w amid reports of supply shortages. BigMint's benchmark...
Global aluminium wire rod consumption has risen steadily across the world. Aluminium's unique properties make it a key material in the electrical and electronics industries, enabling a wide range of applications. The global wire and cable market, valued at US$ 191.6 billion in 2022, is anticipated...
The proportion of Russia-origin aluminium in London Metal Exchange (LME) warehouses in November 2024 grew to 67 per cent, following a drop in the previous month from 66 per cent to 65 per cent. Although the proportion increased, the volume of stocks continued to drop, amounting to 254,500 tonnes at...
According to the US Geological Survey data, the United States' primary aluminium production slightly rebounded in the third quarter, standing at 167,600 tonnes versus 167,000 tonnes in Q2. However, despite the sequential increase, the Q3 output volume was less than the Q2 production of 172,000...
The festive season, especially around Christmas, brings with it a surge in demand for aluminium foil, a versatile product indispensable in many households and industries. With its primary application in the food and beverage sector, aluminium foil has become a staple for packaging, storage, and...
According to the International Aluminium Institute data, Africa’s primary aluminium production recovered in October 2024, experiencing an increase of 3,000 tonnes or 2.24 per cent M-o-M. The monthly gain occurred amid daily average output shortfall of 100 tonnes. In the said month, Africa’s primary...
