The most-traded SHFE aluminium 2610 contract closed at RMB 24,100 per tonne today, up RMB 30 on the day, a gain of 0.12 per cent. Trading volume was 163,674 lots, open interest stood at 242,331 lots, with a daily decrease of 6,267 lots, as both bulls and bears reduced positions to lock in profits...
The London Metal Exchange (LME) aluminium price chart recovered on the August 28 trading session across the pricing and contract segments compared to the August 27 close. On the inventory side, opening stocks and live warrants remained stable for three consecutive sessions. The LME aluminium cash...
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Deutsche Bank has downgraded Norsk Hydro to “hold” from "buy", as it raised its price target to NOK100 (USD 9.3) from NOK88 (USD 8.2), citing stretched valuations after a sharp rally in aluminium prices. Shares of the Norwegian producer closed at NOK107.60 (USD 10), marking a record high. The stock...
The London Metal Exchange (LME) aluminium price saw a modest decline on April 14, but again on the next day, i.e. April 15, the price rose, touching the four-year high again. However, the longer dated contract continued the declining trend along with the LME warehouse. The LME cash bid price rose...
On a per-day basis, national output averaged 124,194 tonnes last month, marking a 2.8 per cent increase from a year earlier, Mysteel Global's calculation based on the NBS data showed. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook...
The ongoing geopolitical tensions, especially with the closure of the Strait of Hormuz, are deemed to be creating an adverse impact on Jamaica's bauxite and alumina sector. As warned by the Jamaica Bauxite Institute (JBI), the country is now grappling with increased production costs and a feeding...
BRP Inc. has decided to pause its full-year FY27 guidance after recent changes to US tariffs on steel, aluminium and copper imports. The shift came into effect on April 6 and changes how duties are applied. Instead of taxing just the metal content, the new setup applies a 25 per cent tariff on the...
Mysteel assessed the national average spot price for metallurgical-grade alumina with a minimum purity of 98.6 per cent at RMB 2,731 per tonne (USD 400.6 per tonne) including 13 per cent VAT on Tuesday, down by another RMB 12 per tonne from Monday. This marked the lowest price level in nearly a...
After a record growth rate the previous day, aluminium prices on the London Metal Exchange contracted overnight on Tuesday, April 14, albeit still standing above USD 3,600 per tonne. While the LME aluminium bid price shed off USD 41 per tonne, amounting to USD 3,624 per tonne, the LME aluminium...
During the morning session, SHFE aluminium 2604 fluctuated downward, with the price centre rising significantly from the previous day. Influenced by higher aluminium prices, overall willingness to sell in the market was high, while buying sentiment was suppressed by elevated prices. Circulating...
Alongside the rising output, the main concern for the industry players is that the current scenario of the bauxite and alumina market has become more about better supply expansion via new mining projects and refining capacity, resource security and nationalism, capacity expansion, sustainability...
Indonesia will implement a revised bauxite pricing mechanism under Kepmen ESDM No. 144.K/MB.01/MMEM.B/2026, starting April 15, lowering benchmark prices while introducing structural changes that better reflect ore quality and moisture. The update replaces the previous framework under Kepmen ESDM...
Golkonda Aluminium Extrusions Limited has submitted its quarterly compliance certificate to the BSE for the quarter ending on March 31, 2026, as required by SEBI’s Depositories and Participants Regulations. For the global aluminium value-chain 2026 outlook, book our exclusive report “Global...
The London Metal Exchange (LME) aluminium price on April 13 saw the highest price in the last four years. The surge came after the US military said it would be imposing a blockade of the Strait of Hormuz, which is deemed to be the key port for shipping out metals from the Middle East. Given that...
Trading activity on the London Metal Exchange spiked up heavily in the first quarter of 2026, with volumes hitting record levels across key metals like aluminium. The exchange reported that overall average daily volume rose by more than 25 per cent year-on-year, marking its strongest quarter on...
China Northern Rare Earth Group has raised its benchmark price for rare earth concentrate in the second quarter (Q2) of 2026, indicating a notable shift in cost dynamics for upstream producers. The new benchmark stands at RMB 38,804 per tonne (approximately USD 5,390) for the material containing 50...
Ather Energy, a premier Indian electric two-wheeler manufacturer, has announced that it is pivoting its engineering approach to tackle the rising raw material costs. The firm aims to cut down on aluminium usage to protect itself from shrinking profit margins. As per the industry reports, from April...
Futures: SHFE aluminium closed at RMB 24,705 per tonne in the night session, up 0.32 per cent. The price stood above all moving averages (MA5=24,653, MA10=24,691, MA40=24,366, MA60=24,365), with the moving average system in a bullish oscillating alignment. The MACD indicator DIF (93.1) and DEA...
The London Metal Exchange (LME) aluminium price, on April 10, saw a rise after it had an easing trend on April 9, where the forward-dated contracts also rose from the previous close. At the inventory, the opening stock declined, but a further sharp decline has been seen in the live warrants and...
In the current global downstream and recycled aluminium, every company is making crucial steps towards sustainability, circularity and better operational efficiency. With new regulations coming into play, smart investments being made and improvements in recycling and manufacturing practices,...
