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Declining aluminium prices boost market procurement sentiment, premiums stabilise
17 Mar 20262MINS
Primary AL
The SHFE aluminium 04 contract opened higher and extended gains today, while market transactions were relatively sluggish. Futures later fell, and as buying sentiment strengthened and price acceptance improved, transaction prices in the spot market moved higher. Today’s mainstream quotations and t ...
LME aluminium cools despite Hormuz tensions, cash offer drops to $3,440/t, while longer-dated contracts climb
17 Mar 20262MINS
Primary AL
On March 16, the London Metal Exchange (LME) aluminium price, even after being amidst the war and supply crunch due to the temporary closure of the Strait of Hormuz, after days of an upward rising trend, has calmed down. However, at the longer dated contracts, the LME price seems to continue its u ...

17 Mar 20263MINS
Sustainability
Hindalco Industries Limited (Hirakud Power & Smelter) has achieved ASI Performance Standard V3.1 (2023) with Provisional status for the manufacture and dispatch of aluminium products, including rolling ingots and cast coils, primary aluminium smelting, and the operation of associated facilities, i ...
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