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Top Stories
Aluminium margin squeeze in smartphones driven by AI Demand, Memory Costs and Titanium Shift
End User
Executive Summary: The component cost crisis: Driven by the explosive demands of Artificial Intelligence data centres, global smartphone memory prices skyrocketed. This pushed flagship Bill of Materials (BOM) costs up by nearly USD 300, forcing smartphone OEMs to cut costs in their structural chassis. The Titanium Reversal: Apple and Samsung abandoned titanium's thermal constraints for their latest flagships. Next-generation AI processors run dangerously hot, and titanium acts as a thermal i ...
SHFE aluminium rebounds on position reduction to close higher, alumina sees slight correction and maintains fluctuating trend
Primary AL
The most-traded SHFE aluminium 2609 contract closed at RMB 23,345 per tonne today, up RMB 85 per tonne or 0.37 per cent on the day. Trading volume increased notably from the previous session, reaching 208,200 lots intraday. Volume expanded during the bottom-out rebound, indicating buying support at low levels and heightened tug-of-war between longs and shorts. Current open interest was 296,300 lots, down 5,885 lots. The simultaneous pullback in open interest and price gains formed a rally-on ...

End User
Sonoco Products Company reported higher second-quarter sales as gains in its industrial packaging business and improving metal packaging demand helped offset inflationary pressures and softer volumes in parts of its consumer packaging operations. The global packaging producer posted net sales of USD 1.9 billion for the quarter ended June 28, 2026. GAAP net income declined to USD 105 million, or USD 1.05 per diluted share, from USD 493 million, or USD 4.96 per diluted share, in the same perio ...
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Red mud: The next strategic resource for your business
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Australia's green aluminium roadmap: 9 key developments driving clean energy transition
Sustainability
24 Jul 2026
Australia’s aluminium industry is entering a defining phase of its transition. As demand for low-carbon aluminium accelerates worldwide, the country is seeking to leverage its abundant renewable energy resources, supportive policy framework and growing industrial investment to emerge as a major producer of green aluminium. According to the Australian Energy Market Operator (AEMO), Q1 2026 saw renewable generation and battery storage play an increasingly prominent role in the National Electric ...
Primetals Technologies to supply seven TCS packages for Lidao New Energy's battery aluminium foil project
Downstream
24 Jul 2026
Primetals Technologies will supply rolling mill technology to Lidao New Energy for a new battery aluminium foil production facility in Wuhe County, Bengbu City, Anhui Province, China. The plant will produce battery aluminium foil for lithium-ion batteries used in electric vehicles, energy storage systems and other new energy applications. Under the contract, Primetals Technologies will provide seven TCS packages for foil rolling mills, Air Bearing ShapeMeter (ABSM) rolls and ISV spray systems ...
CBAM pushes Brazilian aluminium and steel exporters to accelerate emissions certification
Sustainability
24 Jul 2026
Brazilian aluminium and steel exporters are stepping up efforts to measure, verify and certify product emissions as the European Union's Carbon Border Adjustment Mechanism (CBAM) begins to influence trade with Europe. What was initially viewed as a future compliance requirement is now affecting pricing, contracts and sourcing decisions, particularly for companies supplying the European market. According to Rafael Della Barba, climate risk and decarbonisation coordinator at WayCarbon, Brazilia ...
New Section 301 tariffs strike, limited upside room for aluminium prices in the short term
Primary AL
24 Jul 2026
Futures: SHFE aluminium closed at RMB 23,280 per tonne, slightly down 0.02 per cent, with prices above MA5 (23,197) and MA10 (23,192.5), and the closing price of 23,280 exactly matching MA30 (23,276.67). Short-term moving average support is effective, while the mid-term moving average pressure faces a test. MACD indicator: DIF = -119.91, DEA = -200.06, maintaining a golden cross, with the histogram widening to 160.3 (previous 151.86), indicating continuously strengthening bullish momentum. Tr ...
Global aluminium extrusion market: Trends, forecasts and growth outlook to 2032
Downstream
24 Jul 2026
With the rising growth story of the global aluminium extrusion market, there is an equally important fact that remains constant: The growing demand for aluminium billets. The demand for aluminium extrusion mainly comes from construction, electric vehicles, renewable energy and industrial manufacturing; the billet producers are also expanding capacity, investing in recycled metal and developing specialised alloys to meet evolving market needs. The demand for global aluminium extrusion is expect ...
LME aluminium chart on the decline: Cash dips below $3,200/t as stocks lose 0.54%
Primary AL
24 Jul 2026
The London Metal Exchange (LME) aluminium chart recorded a decline across all the pricing segments at the close of the June 23 session. Only the live warrants and alumina price remained stable. The LME aluminium cash bid price eased from USD 3,204 per tonne on July 22 to USD 3,193.5 per tonne on July 23, down 0.33 per cent day-on-day. The offer price shifted from USD 3,205 per tonne to USD 3,194 per tonne, marking a 0.34 per cent difference. Explore the relevance of red mud in the sustainab ...
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