Odisha has brought forward its investment roadshow in the United Arab Emirates as competition among Indian states for overseas capital intensifies. The programme was initially planned for December, but growing investor outreach by other states prompted the government to advance the visit, according...
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
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On Sunday, global oil markets witnessed a sharp spike as crude oil prices crossed the USD 100 per barrel mark for the first time in over 3.5 years, triggered by supply disruptions stemming from the ongoing Israel-Iran conflict and rising unrest across the Middle East, especially surrounding the...
Nigeria is considering enhancing industrial collaborations with the European Union to advance the development of its aluminium, mineral and steel industries through investment, technology transfer and infrastructure reinforcement. Nigeria’s Minister of Steel Development, Prince Shuaibu Abubakar...
Over eight trading sessions, the shares of National Aluminium Company Limited (NALCO) rallied nearly 18 per cent, backed by rising global aluminium prices triggered by supply disruptions in West Asia. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook...
The closure of the Strait of Hormuz has been causing concerns for primary aluminium supply around the world. At the same time, it is also raising questions about the supply of raw materials to the Middle East, a region heavily dependent on imported primary aluminium raw materials, many of which...
Shares of Hindalco Industries rose sharply by about 7 per cent on Thursday, March 5, 2026. The rise occurred as global aluminium prices went up due to supply disruptions in the Middle East. Because of this increase, Hindalco became one of the best-performing stocks in the Nifty 50 and the Nifty...
The escalating Iran-Israel conflict and growing uncertainty around the Strait of Hormuz are casting a shadow over the global supply chain. Aluminium markets were jolted after Aluminium Bahrain (Alba) declared force majeure on certain supply contracts, citing shipping disruptions through the Strait...
Escalating geopolitical tensions in the Middle East since February 28 are likely to disrupt primary aluminium production there and cause additional alumina cargoes to be redirected to markets outside the region including China, according to Mysteel's recent analytical report on the commodity. The...
March 5 saw an easing of the London Metal Exchange (LME) aluminium prices after hitting a 4-year high level at the previous close. Aluminium prices maintained a 3-day streak on the rising graph, which raised concerns in the industry. The ongoing geopolitical tensions in Iran led to the shutdown of...
Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of Alumil SA, will be receiving a loan of USD 15.88 million from the European Bank for Reconstruction and Development (EBRD). With this investment, Egypt’s aluminium production will be supported by constructing and installing a new...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on one site, announced a set of leadership appointments that underscore its long-term commitment to succession planning, leadership continuity, and the advancement of Bahraini talent into critical leadership roles. Explore- Most...
Futures: During the night session on March 4, the most-traded SHFE aluminium 2604 contract opened at RMB 25,100 per tonne, hit an intraday high of RMB 25,380 per tonne, dipped to a low of RMB 24,915 per tonne, and finally closed at RMB 25,145 per tonne, up RMB 350 per tonne from the previous close,...
Shares of National Aluminium Company (NALCO), Hindalco Industries, and Vedanta Limited may attract attention on Wednesday, March 3, following the announcement that Qatalum has stopped aluminium production. The suspension of production has created concerns about possible shortages in the global...
QatarEnergy, a state-owned Doha-based energy company controlling all of Qatar’s oil and gas operations, suspended its production of liquefied natural gas (LNG) and related products on March 2, 2026, at around 14:30 CET. The following day, around 12:00 CET, the company announced that it would also...
On February 28, the conflict between Iran and Israel escalated, with an attack on the Iranian capital, Tehran, drawing market attention. The following is an overview of the aluminium industry information in the Iranian region: Bauxite & alumina: There is only one alumina refinery in the Iran...
The escalating tensions surrounding the US-Israel conflict with Iran percolating down to the entire Middle East have triggered economic shockwaves across the globe. Aluminium and oil sectors are particularly vulnerable, and for obvious reasons. The Middle East is a pivotal region in aluminium...
Futures: On the night session of February 27, the most-traded SHFE aluminium 2604 contract opened at RMB 23,815 per tonne, reaching a high of RMB 23,885 per tonne and a low of RMB 23,710 per tonne, finally closing at RMB 23,730 per tonne, down RMB 105 per tonne or 0.44 per cent from the previous...
The consulting firm, AZ China Ltd, has reported that the Middle East accounts for 9 per cent of global aluminium production. The major producers use the Strait of Hormuz , off the coast of Iran, as an import corridor for raw materials and export metals. Owing to the recent geopolitical tensions in...
The Aluminium Federation of South Africa (AFSA) proudly announces the successful conclusion of the AFSA International Aluminium Conference 2026, held on 25–26 February at The Maslow Hotel, Sandton. Over two days, the event brought together leading voices from industry, government, academia, and...
