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Top Stories
Reliance hit with rating cuts from JP Morgan, BMO amid aluminium market volatility
Primary AL
Reliance Inc. faced rating cuts from both JP Morgan and BMO Capital Markets after analysts pointed to weakening gross margins and stretched valuation levels. JP Morgan set a December 2026 price target of USD 330, suggesting limited upside from current levels. BMO lowered its target to USD 320, imp ...
SMM analysis: Jan aluminium billet output slumps, Feb production to hit 4-year low
Downstream
In January, the operating performance of domestic primary aluminium billets weakened more than expected. According to SMM data, the operating rate for aluminium billets dropped significantly by 5.3 percentage points m-o-m to 50.3 per cent, down 1.3 percentage points y-o-y. Aluminium billet product ...

Alumina
Image for representational purpose After months of leaks from its red mud containment lakes, Atlantic Alumina’s refinery near Gramercy has submitted a site investigation work plan to the Louisiana Department of Environmental Quality (LDEQ), marking a critical step in addressing environmental violat ...
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Century Aluminum company statement on US Supreme Court IEEPA ruling
Primary AL22 Feb 2026
Century Aluminum Company (NASDAQ: CENX) today issued the following statement regarding the US Supreme Court’s decision on the tariffs imposed under the International Emergency Economic Powers Act (IEEPA).  Explore- Most accurate data to drive business decisions with Global ALuminium Industry Out ...
Century Aluminum’s Iceland smelter set to reopen 6 months ahead of schedule
Primary AL21 Feb 2026
US-based aluminium producer, Century Aluminum, expects to restore shuttered capacity at its Grundartangi smelter in Iceland significantly ahead of schedule, with operations now set to resume by the end of April 2026, around six months earlier than initially projected. Explore- Most accurate data ...
Embraer signs MoU with Hindalco to source aerospace aluminium from India
Downstream21 Feb 2026
Embraer, the Brazil-based aerospace industry leader and Hindalco, a leading global aluminium producer, have signed a Memorandum of Understanding (MoU) to explore the possibility of sourcing aerospace-grade aluminium from India. This new agreement builds on the firm’s existing supply partnership wi ...
AC makers pivot to aluminium as copper surge bites: Vir Advani
Downstream23 Feb 2026
On Friday, the deputy chairman of the western region of the Confederation of Indian Industry (CII), Vir S Advani, shared that air-conditioning and refrigeration producing companies are shifting towards aluminium. This decision aims to help reduce reliance on copper, especially when the price conti ...
LME aluminium prices make a recovery recover with cash offers recorded at 3,053/t
Primary AL23 Feb 2026
From the previous close, the London Metal Exchange (LME) aluminium prices recovered with a steady increase. LME inventory side, on the other hand, recorded a steady figure, an improved figure, as well as a declining trend as earlier.  On February 20, the LME cash bid increased by 0.88 per cent fr ...
Bevan Group named as JPM Group’s exclusive UK distribution partner
End User22 Feb 2026
JPM Group, a French manufacturer, has expanded its presence in the UK commercial vehicle market by selecting West Midlands-based Bevan Group as its exclusive UK distributor. Alongside, JPM formally announced hiring as part of its expansion strategy.  Explore- Most accurate data to drive busine ...
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