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Hindalco plunges 4% in a five-day slump while Vedanta and Nalco follow suit
04 APR 20252MINS

Hindalco plunges 4% in a five-day slump while Vedanta and Nalco follow suit

Hindalco Industries is deep in the red, marking its fifth consecutive losing session with a sharp 4.36 per cent decline on April 4. The aluminium giant has shed 9.78 per cent in just five days, underperforming its sector by 0.84 per cent and sinking below key moving averages—an unmistakable sign of...

No arbitrage, no rally: US aluminium premium stabilises as global prices weaken
04 APR 20253MINS

No arbitrage, no rally: US aluminium premium stabilises as global prices weaken

On April 2, President Donald Trump announced a new round of reciprocal tariffs. There is still no exemption from the existing tariff of 25 per cent on imports of unwrought aluminium and aluminium products, and the scope was extended to imports of beer and aluminium cans. Aluminium scrap remains...

Corsair’s aluminium K70 Pro Mini compact mechanical gaming keyboard price dropped
03 APR 20252MINS

Corsair’s aluminium K70 Pro Mini compact mechanical gaming keyboard price dropped

Enter a realm where precision meets performance with effortless typing and seamless gameplay. Amazon’s biggest saver is live on Corsair’s aluminium K70 Pro Mini compact mechanical gaming keyboard with a wrap-around RGB is at 50 per cent off. Image source: Corsair This gaming keyboard was set to be...

Trump wields tariff stick, aluminium industry chain's positive factors fail to mask short-term price downward pressure
03 APR 20255MINS

Trump wields tariff stick, aluminium industry chain's positive factors fail to mask short-term price downward pressure

Futures market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,455 per tonne, with a high of RMB 20,520 per tonne, a low of RMB 20,430 per tonne, and closed at RMB 20,520 per tonne, up RMB 80 per tonne, or 0.39 per cent. Yesterday, LME aluminium opened at USD 2,509 per...

On the eve of the full implementation of us tariff policies, market sentiment remains cautious, aluminium prices maintain fluctuating trend
02 APR 20255MINS

On the eve of the full implementation of us tariff policies, market sentiment remains cautious, aluminium prices maintain fluctuating trend

Futures: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,425 per tonne, with a high of RMB 20,465 per tonne, a low of RMB 20,365 per tonne, and closed at RMB 20,415 per tonne, down RMB 70 per tonne, or 0.34 per cent. Yesterday, LME aluminium opened at USD 2,542 per tonne,...

Japan’s Q2 aluminium premium crashes to five-quarter-low as US tariff intervenes trade
01 APR 20254MINS

Japan’s Q2 aluminium premium crashes to five-quarter-low as US tariff intervenes trade

After an initial aggressive uptick at the beginning of March, the premium for Japanese aluminium’s outbound trade during the second Quarter of 2025 (April to June) has reportedly crashed to USD 182 per tonne, which is clearly a 20 per cent decrease from the past quarter (Q1’25), reveals six sources...

Tariffs bite: Businesses choose to sway away from aluminium, counting the cost
01 APR 20254MINS

Tariffs bite: Businesses choose to sway away from aluminium, counting the cost

Aluminium businesses, brace yourselves as your base metal commodities are getting pricier, and it’s not just a minor blip. The latest round of US tariffs on steel and aluminium imports is sending shockwaves through industries that rely on these materials. From roofing to manufacturing, businesses,...

Structural recovery in aluminium processing PMI for March — Peak season demand fails to mask concerns over high aluminium prices and export pressures
30 MAR 20258MINS

Structural recovery in aluminium processing PMI for March — Peak season demand fails to mask concerns over high aluminium prices and export pressures

According to data from SMM, China’s aluminium processing industry composite PMI index for March 2025 stood at 61.6 per cent, remaining above the boom-bust line. Driven by the traditional peak season and policy tailwinds, the domestic aluminium processing industry showed structural recovery in March...

NASDAQ indicates Kaiser Aluminum performing at 52-week low
29 MAR 20252MINS

NASDAQ indicates Kaiser Aluminum performing at 52-week low

NASDAQ-listed Kaiser Aluminium Corporation is at 52-week low, equivalent to 1 year, with its stock price reaching USD 63.13, a result of persistent market fluctuations. Image source: Equitymaster Kaiser Aluminium has a total of USD 1.01 billion market capitalisation and a beta of 1.37 with a...

India: BALCO trims aluminium P1020 ingot prices by INR 3,750/t ($43/t); NALCO cuts primary aluminium ingot prices by INR 8,900/t ($103/t)
27 MAR 20251MINS

India: BALCO trims aluminium P1020 ingot prices by INR 3,750/t ($43/t); NALCO cuts primary aluminium ingot prices by INR 8,900/t ($103/t)

BALCO, one of India's leading aluminium producers, has reduced prices of its primary aluminium P1020 (99.7 per cent) ingots by INR 3,750/tonne ($43/tonne), effective March 26, 2025. Balco's revised prices are at INR 267,000/tonne (USD 3,113/tonne), down from INR 270,750/t (USD 3,156/tonne) on March...

Prices fluctuated in the morning session, with reduced spot aluminium arrivals stimulating a narrowing of the discount
26 MAR 20252MINS

Prices fluctuated in the morning session, with reduced spot aluminium arrivals stimulating a narrowing of the discount

SHFE aluminium opened higher this morning but then fluctuated and dropped back slightly. The spot market was stimulated by continued destocking, coupled with insufficient arrivals, leading suppliers to stand firm on quotes and narrowing spot discounts. Downstream purchasing was generally as needed,...

India: Imported aluminium scrap prices decline w-o-w tracking LME movements
26 MAR 20253MINS

India: Imported aluminium scrap prices decline w-o-w tracking LME movements

India's imported aluminium scrap prices dropped by up to USD 75/tonne w-o-w following a decline in LME prices. However, buyers awaited further price corrections. BigMint's benchmark assessment for Tense scrap originating in the US was at USD 1,945/tonne (t), decreasing by USD 15/tonne w-o-w, while...

German aluminium scrap may completely flow out due to US tariffs, industry warns
22 MAR 20252MINS

German aluminium scrap may completely flow out due to US tariffs, industry warns

Germany's aluminium sector is raising serious concerns about the far-reaching implications of the recently imposed US tariffs on aluminium. While hefty duties have been slapped on primary aluminium and aluminium-intensive products, scrap aluminium remains exempt, a move that industry leaders warn...

Sentiment boost from easing overseas trade frictions coupled with significant destocking trend makes aluminium price uptrend more clear
21 MAR 20256MINS

Sentiment boost from easing overseas trade frictions coupled with significant destocking trend makes aluminium price uptrend more clear

Futures Market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,875 per tonne, reached a high of RMB 20,895 per tonne, and a low of RMB 20,780 per tonne, closing at RMB 20,840 per tonne, down RMB 55 per tonne, or 0.26 per cent. LME aluminium opened at USD 2,674 per tonne,...

Attention! NALCO sees a strong rebound, with a 2.1% growth in just one day
20 MAR 20252MINS

Attention! NALCO sees a strong rebound, with a 2.1% growth in just one day

National Aluminium Company Limited (NALCO) has outperformed its sector, reaching an intraday high of INR 192.15 at 1:00 PM on Thursday, March 20. This surge in stock price signals strong long-term growth potential for the company. Additionally, NALCO's attractive dividend yield offers shareholders...

Ore price pullback drives cost centre downward; Alumina and SHFE aluminium prices under pressure
20 MAR 20253MINS

Ore price pullback drives cost centre downward; Alumina and SHFE aluminium prices under pressure

Today, the most-traded SHFE aluminium 2505 contract opened at RMB 20,650 per tonne, with a high of RMB 20,770 per tonne, a low of RMB 20,570 per tonne, and closed at RMB 20,705 per tonne, up 0.27 per cent. Trading volume was 10,600 lots, and open interest was 240,000 lots. Image for...

Capesize bulker market soars as Chinese bauxite imports spike, claims industry executive
19 MAR 20252MINS

Capesize bulker market soars as Chinese bauxite imports spike, claims industry executive

The depletion of China's bauxite production quality and Indonesia's export ban to prioritise its domestic processing resulted in an increasing dependence on Guinea's supply. Source: Orbitshub The rally in demand for capesize bulk carriers is expected to persist for at least another six weeks,...

India: Imported aluminium scrap prices see divergent trends w-o-w; supply shortage persists
19 MAR 20253MINS

India: Imported aluminium scrap prices see divergent trends w-o-w; supply shortage persists

India's imported aluminium scrap prices fluctuated by up to $15-20/t w-o-w amid raw material shortages and tight supply. Image credit: IndiaMart BigMint's benchmark assessment for Tense scrap originating in the US was at $1,960/tonne, increasing by $10/tonne w-o-w, while Wheels from the UK stood at...