On the previous trading day's night session, the most-traded SHFE aluminium 2506 contract opened at RMB 19,950 per tonne, with a high of RMB 19,995 per tonne, a low of RMB 19,920 per tonne, and closed at RMB 19,970 per tonne, down RMB 60 per tonne or 0.30 per cent from the previous close.
LME alu ...
Sunil Gupta, Chief Operating Officer (COO) of Vedanta Ltd’s Aluminium Business, has taken over as Chairman of the Confederation of Indian Industry (CII) Odisha State Council for the 2025-26 term. Gupta previously served as the Council’s Vice Chairman during 2024-25.
Meanwhile, Suresha G, Executiv ...
With an aim to boost Maryland’s tech infrastructure, Amazon Web Services (AWS) has been identified as the lead tenant for the ‘Bauxite I’ data centre project on the site of the former Alcoa Eastalco Works near Buckeystown.
Image for representational purposes only
The project, spearheaded by Rowan ...
On Thursday, April 24, 2025, US President Donald Trump signaled a possible easing of trade tensions with China, boosting market sentiment. As a result, aluminium price has grown in India by 1.32 per cent to INR 234.5 (USD 2.75). The optimism in the market has further been evoked by Trump’s announcem ...
The domestic bauxite market remained stable this week. As of today, the transaction price for bauxite with an Al/Si ratio of 5.0 and alumina content of 60 per cent in Shanxi, excluding VAT and for self-pick-up at crushing plants, was around RMB 600-640 per tonne. In Henan, the transaction price for ...
SHFE aluminium fluctuated in the morning session, trading above RMB 20,000 per tonne during the first trading period. In the spot market, trading in eastern China and central China was moderate, mainly due to increased spot market supply and aluminium prices returning to RMB 20,000 per tonne, which ...
‘We come from the worlds of politics, regulation, technology, research and, of course, the business case for e-mobility. And the fact that we can all exchange ideas so openly here is what makes the Speira forum so special,’ explains Robert Werner from the Hamburg Institute, which specialises in corp ...
According to customs data, China's petroleum coke imports in March 2025 reached 1.1252 million tonnes, down by 4.63 per cent M-o-M but up 10.64 per cent Y-o-Y. The estimated import price of petroleum coke in March was USD 159.6 per tonne, up 4.68 per cent M-o-M and 1.91 per cent Y-o-Y. The cumulativ ...
Hindalco Industries Limited has wrapped up the week on a high note, marking a strategic entry into the electric vehicle component sector by successfully delivering 10,000 aluminium battery enclosures to Mahindra for its BE 6 and XEV 9e electric SUVs and commissioning a dedicated EV component manufac ...