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China's aluminium wire exports soar 222.67% in May as exporters capitalise on tax incentives
23 Jun 20263MINS
Downstream
China's aluminium wire exports surged in May as rising aluminium prices and favourable trade incentives drove a sharp increase in overseas shipments. Official customs data showed that exports of aluminium wire reached 50,224 tonnes in May, up 222.67 per cent from April and surpassed the combined 42,955 tonnes shipped during the first four months of the year. The sharp increase highlights how exporters are increasingly using the product to capture stronger international prices while benefiting ...
Vedanta Aluminium sets course as an independent entity; listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)
23 Jun 20265MINS
Primary AL
Vedanta Aluminium Metal Limited officially commenced trading as an independent listed entity on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) from 15th June 2026, following the successful completion of Vedanta Group’s historic demerger, which became effective on 1st May 2026. The listing marks a major milestone in the company’s evolution, creating a focused, pure-play aluminium business with enhanced strategic flexibility and stronger long-term growth visibility. Vedanta A ...

23 Jun 20267MINS
Primary AL
SHFE aluminium closed at RMB 23,955 per tonne in the daytime session, down 0.27 per cent, with the price above the MA5 (23,951.01) but below the MA10 (24,016.00), MA30 (24,320.67), and MA60 (24,546.75), remaining below all key moving averages overall, while the bearish alignment of moving averages from top to bottom persisted. On the MACD indicator, DIF = -157.2476, DEA = -148.8593, the bearish crossover moved downward, and the negative histogram value was -16.7766. Although bearish momentum s ...
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