Russia has taken control of the local assets of Canpack, one of the world’s largest producers of aluminium containers. Under a decree signed by President Vladimir Putin, the assets were placed under “temporary external management,” with Russian company Stalelement appointed to oversee them, accord ...
As of January 14, the average price for domestically-generated #6063 aluminium scrap in South China's Guangdong province had jumped 7.9 per cent from the end of last month to reach RMB 19,150 per tonne (USD 2,746 per tonne), the highest level since Mysteel commenced tracking the price in 2023.
T ...
US-based semiconductor and electronic components manufacturer Vishay Intertechnology, Inc. (NYSE: VSH) has expanded its 193 PUR-SI series of miniature snap-in power aluminium electrolytic capacitors with voltage ratings of 550 V and 600 V. Produced under the Vishay BC components portfolio, the cap ...
Saudi Arabia is set to expand its downstream aluminium manufacturing footprint after PIF and Red Sea Aluminium Holdings (RSAH) agreed initial terms to jointly develop an advanced, single integrated aluminium complex in Yanbu, located on the Kingdom’s western coast.
To know more about the global ...
The 2025 S&P 500 concluded with an estimated gain of +17 per cent. Apart from precious metals like gold with a gain of +70 per cent and silver with +169 per cent, aluminium gained a significant +38 per cent. Between April and the end of 2025, aluminium added +842 points.
China at the heart of th ...
Metal stocks dazzled on Wednesday, January 14, including industrial metals. The Nifty Metal traded 2.7 per cent higher at INR 11,660.45 levels, with Vedanta stocks gaining 6.1 per cent. From INR 637.20 (USD 7.05) on January 13, Vedanta's share price surged to INR 676 ($7.48), reflecting optimism a ...
The Nyinahin bauxite project in the Ashanti Region, Ghana, gains momentum for mining development as The Ghana Integrated Aluminium Development Corporation (GIADEC), Metalloïd Resources Investment, LLC-S.P.C, and Ghana Integrated Bauxite Development Limited Company (GIBDLC) have secured a USD 60 mi ...
On January 15, the LME aluminium cash bid price settled at USD 3,173.5 per tonne, down from USD 3,220.5 per tonne on January 14, marking a 1.46 per cent day-on-day decline. The cash offer price eased to USD 3,174 per tonne from USD 3,221 per tonne, also reflecting a 1.46 per cent decrease.
The th ...
Futures: On January 15, the SHFE aluminium 2603 contract opened at RMB 24,470 per tonne during the night session. After opening, the price pulled back, reaching a low of RMB 24,015 per tonne, then entered consolidation without breaking the opening price, finally closing at RMB 24,320 per tonne, do ...
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