The much-awaited Union Budget FY2026-27, presented by the Finance Minister Nirmala Sitharaman on Sunday, February 1, signals a decisive shift towards aligning India’s economic growth with its decarbonisation ambitions and the long-term vision of Viksit Bharat 2047. This Budget comes at a juncture ...
LSKB Aluminium Foils, along with its backward integration partner Jupiter Aluminium Industries Pvt. Ltd. (JUPALCO)—both part of the Jupiter Group—hosted senior global leaders from the Global Aluminium Foil Roller Initiative (GLAFRI) at their Sonipat manufacturing facility, alongside an exclusive i ...
Failing initially doesn’t mean failing overall - it just means something needs to be fixed, and that’s what summarises the whole of Alcoa’s financial report card. Alcoa started the year well, but after that it mostly went quiet. The business didn’t really improve again until the last quarter, whic ...
This week, the comprehensive operating rate for aluminium processing recorded 59.4 per cent, down 1.5 percentage points W-o-W, overall exhibiting the characteristics of "accelerated seasonal decline and deepening high-price suppression effects." Operating rates across most segments declined, indic ...
Aluminium scrap is quickly becoming a crucial battleground for the global metals industry. There is a mix of changing trade patterns, soaring prices, stricter regulations and urgent decarbonisation goals all coming together. Europe is increasingly worried about scrap leakage, while Asia is becomin ...
As 2026 begins, the upstream aluminium value chain is expanding under rising pressure. New capacity is coming online, capital is returning to upstream assets, and prices are reacting more sharply to supply risk. Leadership reshuffles and cross-border partnerships point to a sector repositioning f ...
Under the Ministry of Mines and one of India’s leading alumina and aluminium producers and exporters, National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise, reported the quarterly net profit, which is deemed to be the highest in its history. Q3 FY26, ending with D ...
Futures: During the night session on January 30, the most-traded SHFE aluminium 2603 contract opened at RMB 24,365 per tonne, reached a high of RMB 24,720 per tonne, touched a low of RMB 24,240 per tonne, and finally closed at RMB 24,600 per tonne, up RMB 40 per tonne or 0.16 per cent from the pre ...
On January 30, which is the close of the week, the London Metal Exchange (LME) aluminium prices showed a significant dip in its contracts and futures prices. The declining trend has also been observed in the LME inventories as well.
The LME cash bid dropped from USD 3,323 per tonne to USD 3,109 ...
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