China and the United States have been vocal about shifting their focus to the recycled aluminium industry for quite some time. And why shouldn’t they? According to the International Aluminium Institute (IAI), rapid population and economic growth over the coming decades will push global aluminium dem ...
India's imported aluminium scrap prices saw an uptrend week-on-week in the week ended 9 December, following an increase in prices on the London Metal Exchange (LME). BigMint assessed UAE-origin Tense (8-9 per cent) at USD 1,930 per tonne, up by USD 5 per tonne w-o-w, while US-origin Tense (6-7 per c ...
Futures: SHFE aluminium 2601 night session closed at RMB 22,120 per tonne, down 0.11per cent, fluctuating rangebound overall. MA5 (22,117) and MA10 (22,113.50) formed short-term support, with the price currently above the moving average system; however, MACD (DIF 2.1396, DEA 1.3982) red bars narrowe ...
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