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WEEKLY: Chinese spot alumina prices soften on rising availability
14 Apr 20263MINS
Alumina
On April 9, Mysteel assessed the national average spot price for metallurgical-grade alumina with a minimum purity of 98.6 per cent at RMB 2,764 per tonne (USD 404.5 per tonne), down 0.7 per cent from a week ago, reversing the previous week's 0.3 per cent uptick, Mysteel Global noted.  For the g ...
SHFE and LME aluminium indicators turned comprehensively stronger, and geopolitical risks dominated the short-term market
14 Apr 20267MINS
Primary AL
Futures: SHFE aluminium closed at RMB 25,020 per tonne in the night session, up 1.36 per cent. Prices stood above all moving averages (MA5=24,742, MA10=24,726, MA40=24,407, MA60=24,375), with the moving average system in a bullish oscillating alignment. The MACD indicator DIF (125.21) and DEA (84) ...

13 Apr 20263MINS
Primary AL
Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a unit of Vedanta Aluminium, has deployed ALAISA (Aluminium AI Support Agent), a first-of-its-kind humanoid, AI-powered assistant designed to enhance shop-floor capability, operational efficiency, and industrial safety ...
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