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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The global aluminium industry gathered in London with one pressing question hanging over the market - how severe could the supply shock from the Middle East become, and how long will its impact last? At the World Aluminium Summit hosted by CRU Group at Savoy Place, more than 360 delegates discussed...
Macro perspective: Overall macro atmosphere leaned warm, with multiple positive factors resonating Ex-China, US April CPI data showed surging energy prices drove headline inflation to a three-year high, fuelling expectations for US Fed interest rate hikes within the year. US-Iran negotiations...
Coca-Cola’s Diet Coke is gradually returning to stores in India after weeks of supply shortages triggered by disruptions in aluminium can availability, though consumers are now facing significantly higher prices and a switch in packaging. The shortage first began surfacing across cities, including...
According to six sources, the leading aluminium producer in the Middle East, Emirates Global Aluminium (EGA), is reportedly in negotiations with Oman in order to acquire a stake in competing producer Sohar Aluminium of Oman, which has an annual production capacity of about 395,000 tonnes. This is...
Over the years, the Middle East has been a notable contributor to the global primary aluminium production and trade. Out of the 6-6.5 million tonnes produced in the region, 5-5.5 million tonnes are exported, underlining the lion’s share of the production being shipped overseas. This share accounts...
Futures: The most-traded SHFE aluminium 2606 contract closed at RMB 24,700 per tonne, down 0.70 per cent. The price was near MA5 (24,668.00), MA10 (24,594.00), and MA30 (24,805.33), and above MA60 (24,581.00). Short-term moving average support was moderate, and the price was currently moving...
European aluminium producers are facing mounting pressure as the European Union pushes forward with reforms to its Emissions Trading System (EU ETS), a move expected to increase operating costs across the region’s recycling and refining industries. While the reforms are intended to support...
Gujarat-based Baheti Recycling Industries Limited is steadily advancing towards solidifying its position in India’s secondary aluminium market by diversifying into higher-value aluminium wire rods and reaching out to the automotive supply chain. As new capacities are being developed alongside...
India's aluminium scrap imports declined by 16 per cent Y-o-Y to 0.35 tonnes in Q1CY'26, down from 0.42 tonnes in the corresponding period last year. The country remains heavily dependent on imports, with nearly 85 per cent of its aluminium scrap requirement sourced from overseas. As a result, the...
Arctial, backed by Rio Tinto, is targeting first hot metal production from its planned aluminium smelter in Finland in the second half of 2029. Speaking at the CRU World Aluminium Conference in London, Arctial chief commercial officer Maxime Vandersmissen said the project aims to produce around...
India has refused to purchase Russian liquefied natural gas cargoes covered by US sanctions despite growing supply pressure linked to tensions in the Middle East, highlighting New Delhi’s effort to balance energy security with rising compliance risks. The decision has left at least one LNG shipment...
Aluminium Bahrain, the world’s largest aluminium smelter on a single site, reported a sharp rise in profitability in Q1 2026 despite operational disruptions caused by regional tensions across the Gulf. Profit attributable to equity holders surged 316 per cent year on year to BHD 75.3 million (USD...
Global aluminium prices are expected to remain above USD 4,000 per tonne between the third quarter of 2026 and the second quarter of 2027, according to the Commodities Research Unit (CRU). Paul Williams, head of aluminium value chain at CRU, said at the World Aluminium Summit in London that the...
Aluminium production outside the Gulf region could also be affected if petroleum coke shortages worsen because the Strait of Hormuz remains closed. A report by JPMorgan Chase & Co. said petroleum coke, a key raw material used in aluminium production, may become a major problem for aluminium...
Futures: The most-traded SHFE aluminium 2606 contract closed at RMB 24,690 per tonne, up 0.57 per cent. The price was above MA5 (24,554.00), MA10 (24,614.50), and MA60 (24,532.25), but below MA30 (24,753.83), with short-term moving averages providing support while the price was under pressure at...
As tensions in the Middle East continue to disrupt one of the world’s most critical trade corridors, global aluminium buyers are turning towards China in search of supply stability. But while China’s exports are accelerating rapidly, the bigger question remains - can the country truly offset the...
National Aluminium Company Limited’s (NALCO) exports 40 to 50 per cent of its produced alumina to the Middle East. According to Shri Brijendra Pratap Singh, Chairman and Managing Director, NALCO’s alumina exports to the region have been disrupted , owing to the geopolitical tensions surrounding the...
The most-traded SHFE aluminium 2606 contract closed at RMB 24,380 per tonne, down 0.16 per cent. The price was below MA5 (24,473.00), MA10 (24,628.00), MA30 (24,723.33), and MA60 (24,518.25), with short- and medium-term moving averages all forming resistance and the price breaking below all moving...
