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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CTG generated more than 107.4 billion kilowatt-hours (kWh) of electricity in the January-March period, marking a 7 per cent rise on year and exceeding its quarterly target by about 4.4 billion kWh. The company benefited from above-normal rainfall and strong wind resources during the quarter. The...
Futures: SHFE aluminium closed at RMB 24,670 per tonne in the night session, up 0.39per cent. The price stood above all moving averages (MA5=24,656, MA10=24,619.5, MA30=24,559.17, MA60=24,351.92), with the moving average system in a bullish alignment. The MACD indicator showed a golden cross with...
Shares of RITES Limited moved higher after the company received a revised contract from National Aluminium Company Limited, linked to coal mine infrastructure in Odisha. The stock rose 6.7 per cent to INR 213.90 (USD 2.31), up from the previous close of INR 200.41 (USD 2.17). Despite the jump, the...
On March 28, Emirates Global Aluminium's (EGA) Al Taweelah plant in Abu Dhabi and Alba's production facilities in Bahrain were hit by precision drone strikes, damaging some equipment. EGA and Alba have annual capacities of 1.6 million tonnes and 1.623 million tonnes, respectively. The Middle East...
Global oil prices have fallen sharply and stock markets jumped after the US and Iran agreed to a conditional two-week ceasefire deal that includes the reopening of the Strait of Hormuz. The announcement triggered an immediate sell-off in oil markets, with prices slipping below USD 100 per barrel as...
Futures: SHFE aluminium closed at RMB 24,545 per tonne last night, down 0.43 per cent. The price was slightly below MA5 (24,643) but near MA10 (24,433.5), MA30 (24,505.67), and MA60 (24,344.17), under short-term pressure but still supported by medium-term moving averages. The MACD indicator DIF...
The US bicycle industry has secured relief from proposed steel and aluminium tariffs, after a sustained campaign led by PeopleForBikes resulted in bicycles and e-bikes being excluded from new Section 232 measures. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global...
After the soaring records on April 7 , the London Metal Exchange (LME) aluminium prices cooled at the close of the April 8 session, as a reaction to the mutually agreed two-week ceasefire announced by the US President Donald Trump on April 8. With the limited trade flow allowed at the tentative...
Charles Johnson, President and CEO of the Aluminum Association, addressed the ripple effect of the Middle East conflict on the aluminium industry. According to him, global aluminium markets are under the pressure of “elevated” prices as geopolitical tensions in the Gulf region disrupt supply...
The European Commission has set the first official price for Carbon Border Adjustment Mechanism (CBAM) certificates at EUR 75.36 (USD 88.14) per tonne for the January–March quarter of 2026, formally launching the EU’s carbon pricing framework for imports. For the global aluminium value-chain 2026...
The Aluminium Extrusion Manufacturers Association of India (ALEMAI) has launched the ‘Aluminium Bharat’ initiative to strengthen India’s aluminium value chain. The initiative was introduced by Jitin Prasada, Minister of State for Commerce and Industry in New Delhi. For the global aluminium...
中文翻译附于新闻末尾，敬请继续阅读。 Restricted trade from the Gulf countries through the Strait of Hormuz and EGA’s Al Taweelah smelter becoming inoperative for a year due to Iranian strikes are seen as an opportunity for China’s aluminium export growth by many market analysts. Whether this ambition may turn real...
The national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent remained stable from last Friday at RMB 2,783 per tonne (USD 404.2 per tonne), including 13 per cent VAT on Tuesday, Mysteel's daily price assessment showed. The price has held steady for about a week,...
Futures: The most-traded aluminium alloy 2606 contract closed at RMB 23,595 per tonne overnight, down RMB 55 from the previous trading day's close, a decline of 0.23per cent. Trading volume was 1,340 lots, down 2,647 lots from the previous value, with a notable contraction in volume. Open interest...
On April 7, the London Metal Exchange (LME) aluminium prices further rose from the previous close on April 2. There has been a significant rise in the offer settlement price as well as in the forward contracts. Concerning the inventory, there has been a slight dip along with the LME alumina platts...
Autostructures UK, a long-running UK manufacturer of steel and aluminium components, has entered administration after 68 years in operation. The Telford-based company appointed administrators in late March. It had a long-standing relationship with JCB, working with the company for around 30 years,...
A global aluminium shortage is likely to lower electric two‑wheeler margins in India, as prices close to four‑year highs push up production costs and lead to some price hikes. Supply problems in the Gulf and higher commodity prices put pressure on EV affordability, while makers try to manage costs,...
Younglimwon SoftLab, an enterprise solution company, has completed an ERP implementation project for aluminium smelting and alloy manufacturer Poongjeon Bicheol. To know more about the global primary aluminium industry 2026 outlook, read our report “ Global Aluminium Industry Outlook 2026 ”. The...
