LME ALUMINIUM
Aluminium prices at record highs: What’s driving the rally and what’s next?
Aluminium prices have surged to multi-year highs, driven by strong demand, supply constraints, and rising energy costs. Geopolitical tensions and declining inventories have added volatility and a risk premium. With China’s demand robust and supply tight, the outlook remains firm, though risks from easing tensions or slowdown persist.
Steel to stay costly through 2026, India to lead demand rebound in 2027: Report
Global steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite soft demand, steel prices are rising due to higher raw material costs, supply tightness, and geopolitics. Aluminium leads gains among metals, while copper, zinc, and nickel show mild declines amid continued global volatility.
Copper hits one-month high as US-Iran talk hopes lift metal prices
Copper prices hit a one-month high as renewed hopes for US-Iran dialogue lifted sentiment across global commodity markets. LME and Shanghai copper futures jumped, supported by stronger Chinese demand, tighter supply conditions and a softer US dollar. Other base metals, including aluminium, nickel and zinc, also advanced amid improving risk appetite.
Copper claws higher to three-week peak as investors balance Iran with Chinese demand
Friday brought exciting news for investors as copper prices climbed to their highest point in three weeks. Positive indicators from China’s demand landscape clashed with worries regarding the fragile peace in Iran. The noticeable decrease in copper stored in Chinese warehouses added fuel to the fire.
JPMorgan assigns overweight tag to Hindalco and Vedanta
JPMorgan has upgraded Hindalco Industries and Vedanta Limited to 'overweight', setting price targets of ₹1,125 and ₹850 respectively. The brokerage anticipates a sustained upcycle in aluminium prices due to supply disruptions, particularly from the West Asia conflict, predicting a sharp tightening of ex-China aluminium markets.
Commodity Radar: Aluminium supply squeeze offers opportunity as Religare suggests targets
Aluminium prices surged amid global supply disruptions triggered by Middle East tensions, including Iran’s missile strikes on smelters. Religare Broking expects the rally to continue as structural deficits persist. MCX Aluminium trades above key support levels, with short-term targets at Rs 370-372 and a buy-on-dips strategy is advised for near-term gains.
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Oversold market spurs selective buying as analysts eye breakout stocks
Analysts are favoring selective bullish bets on individual stocks despite market pressure, driven by oversold conditions and potential short-covering rallies. Key derivative picks include Titan Company, Adani Power, and ABB India, with analysts anticipating positive Q4 earnings and favorable price movements. Conversely, PG Electroplast is identified as a bearish bet due to a breakdown in its chart patterns.
Copper dips as oil rallies after Trump flags more Iran attacks
Copper prices declined on Thursday, breaking a five-session winning streak, as renewed economic growth concerns emerged. U.S. President Trump's unclear outline on ending the Iran war, coupled with a strengthening dollar and rising oil prices, contributed to the downturn. Analysts note copper's inverse correlation with oil and direct correlation with equities, suggesting a weaker economic outlook will dampen demand.
NALCO, Hindalco, Vedanta shares jump up to 6%. What's behind the surge and what should investors do?
NALCO and Hindalco share price surged up to 6% after aluminium prices hit near four-year highs amid supply disruption fears in the Gulf following Iranian strikes. While higher prices support near-term earnings, analysts advise caution as weakening demand and easing supply constraints could limit sustained upside.
LME aluminium nears four year peak after Iran attacks on Gulf smelters
Aluminium prices surged on Monday, nearing four-year highs as Middle East's largest producers, Emirates Global Aluminium and Aluminium Bahrain, reported damage from Iranian attacks. The strikes impacted facilities, with two employees injured at Aluminium Bahrain, while regional peer Emirates Global Aluminium's site sustained significant damage. This disruption affects global supply from the Gulf region.
Copper falls after Iran denies talks to end war, attacks Israel
London copper slipped on Tuesday, giving up most of the previous session's relief rally, after Iran denied holding talks with the United States to end the war in the Middle East and launched fresh missile attacks on Israel.
Aluminium prices recover as market weighs disruptions and weaker demand
Aluminium prices steadied on Friday as investors balanced the competing impacts of the Iran war and lower supply from disrupted operations in the Middle East against weaker demand from a spike in oil prices.
Aluminium slides 8% and copper slumps as speculators run for cover on Iran war fallout
Metal prices experienced a sharp decline on Thursday. Aluminium saw a significant drop as speculators exited bullish positions. Copper also sank to a three-month low. Surging oil prices are raising concerns about global economic growth. Additionally, ample inventories are weighing on the market. This situation has led to a broad sell-off across various metals.
London Metal Exchange electronic trading resumes after nearly 3-hour outage
The London Metal Exchange's LME Select platform experienced a nearly three-hour outage on Monday due to a technical issue with its primary electronic matching engine. This disruption halted price updates for key metal contracts, prompting the LME to declare a Disruption Event. Electronic trading resumed at 1730 GMT on a secondary engine.
London Metal Exchange says trading halted due to 'issue', working to resolve it
The London Metal Exchange said some trading has been halted due to 'an issue' and they are working to resolve the issue as soon as possible.
Metal stocks slide up to 7% as dollar hits 4-month high; NALCO, Hindustan Copper lead fall
Metal stocks, including NALCO and Hindustan Copper fell sharply on Friday as a surging US Dollar Index and ongoing Iran–Israel/US conflict dented demand. Analysts advise caution, noting that global commodity prices and infrastructure trends will shape near-term metal sector performance.
Aluminium extends gains as supply concerns amid Mideast conflict linger
Aluminium prices surged on Thursday, driven by ongoing concerns over a tightening global supply exacerbated by the Middle East conflict. The Shanghai and London Metal Exchanges saw significant gains as shipments through the Strait of Hormuz faced disruptions, fueling fears of a more acute supply squeeze.
Aluminium stocks jump up to 10% as global supply disruptions lift prices
Global aluminium prices have surged due to plant shutdowns in Qatar and Bahrain and Strait of Hormuz disruptions, boosting Indian producers like Nalco, Hindalco, and Vedanta. These supply issues are expected to widen the global aluminium deficit, potentially driving prices higher through the first half of FY27.
Aluminium slides as Trump vows quick Mideast war resolution
Aluminium prices retreated on Tuesday as investors cashed in profits following U.S. President Donald Trump's pledge for a swift end to the Middle East conflict. This eased supply concerns, leading to a significant drop in both Shanghai and London Metal Exchange contracts. Despite the current dip, analysts note aluminium remains vulnerable to renewed price surges on any regional supply shock.
Aluminium rallies after Qatar halts output
Aluminium prices surged following QatarEnergy's announcement to halt metal output due to supply disruptions caused by the Iran war. The state-owned producer's decision, impacting its stake in Qatalum, has created uncertainty for regional supply. Meanwhile, copper prices experienced a notable decline in London trading.
Why are oil, gas and aluminium prices and shipping costs rising now, and will Iran continue to target oil infra in Oman, UAE, Saudi Arabia, Qatar and other Middle East nations after closing Strait of Hormuz?
Why are oil, gas and aluminium prices and shipping costs rising now, and will Iran continue to target oil infrastructure in Oman, UAE, Saudi Arabia, Qatar and other Middle East nations after closing Strait of Hormuz? Global energy and metals markets are reacting to the effective closure of the Strait of Hormuz, drone strikes on oil facilities, LNG production halts in Qatar, refinery shutdowns in Saudi Arabia, tanker attacks near Oman, surging freight rates, rising Brent and WTI crude prices, sharp gains in European and Asian gas benchmarks, and supply fears across aluminium and other metals.
Copper hits two-week high on demand optimism after US tariffs struck down
Copper prices rose to two-week highs on Wednesday as growth and demand optimism dominated the mood after the U.S. Supreme Court ruled against President Donald Trump's sweeping reciprocal tariffs.
Copper hits highest price in more than a week as China returns from holiday
Copper prices rose to their highest level in more than a week on Tuesday, propelled by positive sentiment and firmer demand in top metals consumer China, where markets reopened after a holiday.
Hindalco shares drop 4% after Q3 results. Should you buy, sell or hold?
Hindalco Industries shares dropped significantly following a sharp 45 percent decline in its December quarter net profit. The company reported a profit of Rs 2,049 crore compared to Rs 3,735 crore in the previous year. Revenue from operations saw a 14 percent increase. Citi downgraded the stock to Neutral citing concerns over Novelis' performance and leverage.
Why are aluminium, copper, nickel and tin prices going down today and will base metals continue to fall or rise again? Global metals market fall, analysts insights and market outlook explained. Here's what should investors do now
Why are aluminium, copper, nickel and tin prices going down today and will base metals continue to fall or rise again? Prices fell after early gains as stock markets dropped, U.S. data reduced rate cut hopes, and China demand slowed before Lunar New Year.
Hindalco Industries Q3 Results: Cons PAT slumps 45% YoY to Rs 2,049 crore despite 14% revenue uptick
Hindalco Q3 Results: Aditya Birla Group's flagship metal company Hindalco reported a 45% decline in its December quarter consolidated net profit at Rs 2,049 crore compared to Rs 3,735 crore posted in the year ago period.
Copper nudges upward on weaker dollar, despite slowing demand ahead of China holiday
Copper prices climbed on Wednesday on a weaker dollar, though demand slowed ahead of China's nine-day Lunar New Year break that begins over the weekend.
FIIs make a beeline for metal stocks with Rs 11,500 crore bet as super cycle buzz returns
Foreign investors are pouring money into Indian metal stocks, a significant shift amid broader market selloffs. This surge suggests a potential commodity super cycle is forming. Factors like electric vehicle demand and limited supply are driving this trend. Experts predict strong growth for metals, with significant capacity additions planned. This presents an exciting opportunity for the Indian metals sector.
China's surging exports a sign of global metals turmoil
China's refined copper imports hit a six-year low as exports surged, driven by U.S. tariff threats and high premiums.
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