Mysteel's price assessment showed that China's aluminium prices demonstrated a clear recovery trend entering July 2026. On one hand, the previous oversold conditions provided technical momentum for a rebound; on the other, fundamentals offered robust support. During the price correction phase, the...
From a Saudi extrusion manufacturer established in 1975 to an integrated aluminium solutions provider serving more than 26 countries, ALUPCO’s growth mirrors the rapid transformation of the Middle East’s construction and infrastructure landscape. In this exclusive AL Circle interview, Abdul Aziz...
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Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 23,090 per tonne, down RMB 135 or 0.58 per cent from yesterday's settlement price. It opened the day at RMB 23,120 per tonne and fluctuated within a range of RMB 23,090–23,190 per tonne. Prices were above the 5-day MA (23,116.00)...
Futures: The most-traded SHFE aluminium 2608 contract settled at RMB 23,075 per tonne, up RMB 75 from yesterday’s settlement price, a rise of 0.33 per cent. It opened at RMB 23,040 per tonne and traded in a range of RMB 23,025-23,160 per tonne. The price traded above the MA5 (23,042.00) and MA10...
India’s crude oil sourcing map underwent another significant shift in June, with Russian barrels accounting for nearly half of the country’s total imports. Purchases from Russia climbed 17 per cent month-on-month to a record 2.6 million barrels per day (bpd), lifting Moscow’s share of India’s crude...
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
The global aluminium industry is entering a phase where the biggest concern is no longer just building more smelters or expanding downstream demand. Across Asia, Europe, the Middle East and the Americas, the focus is increasingly shifting toward securing stable supplies of bauxite and alumina as...
