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...
Aluminium prices settled 0.35 per cent higher at INR 345.6 (USD 3.64), backed by declining exchange inventories, expectations of additional fiscal measures in China and concerns over constrained supply from the Middle East. However, improving production prospects in the region limited further...
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Aluminium prices on the London Metal Exchange (LME) continued to climb amid rising geopolitical uncertainty linked to the US-Israel conflict with Iran and the disruption of shipping activity through the Strait of Hormuz, a key global trade corridor. The conflict has raised concerns over potential...
中文翻译附于新闻末尾，敬请继续阅读。 Since the onset of US-Israel and Iran conflict, the aluminium prices on the London Metal Exchange have surged without a hint of slowing down. At present, the price stands at USD 3,385 per tonne (as of March 6), gaining 4.9 per cent since February 28 (USD 3,226 per tonne), and...
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...
Futures: In the overnight session, the aluminium alloy 2604 contract moved downwards after a higher opening and fluctuated downward. After opening at RMB 23,295 per tonne, it rose to RMB 23,420 per tonne, then continued to pull back, bottoming at RMB 23,000 per tonne and closed at RMB 23,170 per...
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...
The US primary aluminium market is navigating a challenging phase as domestic production declines and imports tighten under higher tariffs. With smelter output under pressure and external supply becoming less predictable, concerns around supply stability have intensified. Uncertainty surrounding...
On March 4, the London Metal Exchange (LME) aluminium price reflected a 4-year high level, since the COVID in early 2022. On this day, the LME cash bid rose by USD 110.5 per tonne or 3.4 per cent, shifting from USD 3,267 per tonne to USD 3,377.5 per tonne. The cash offer marked a difference of USD...
The decision was linked to heightened volatility in aluminium prices triggered by escalating regional tensions, the reports said. Rio Tinto has not publicly commented on the matter or indicated when talks may resume. Explore- Most accurate data to drive business decisions with Global ALuminium...
On February 28, the U.S. and Israel launched extensive strikes against targets in Iran operations dubbed "Epic Fury" and "Roaring Lion", respectively. In retaliation, Iran subsequently announced the closure of the Strait of Hormuz. Explore- Most accurate data to drive business decisions with Global...
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...
Chinese alumina prices largely tracked higher in the spot market on February 27, while alumina futures in Shanghai weakened further the same day. The domestic alumina market is expected to remain volatile in the near term amid rising market concerns following the US and Israeli strikes on Iran over...
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...
On the macro front, the ceasefire between Israel and Iran has alleviated geopolitical risks, reducing the demand for capital flight, which is short-term bearish for aluminium prices. US Fed Chair Powell's neutral stance, coupled with potential expectations for US Fed interest rate cuts and pressure...
India’s commerce ministry will convene a meeting on June 27 with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the ongoing Iran-Israel conflict on India’s overseas trade. According to an official source, the objective is to...
