Aluminium Wire Rod
Aluminium wire rods are semifinished products made from aluminium, used as the raw material for producing electrical wires and cables. If you are looking for re...
Aluminium Wire Rod Bytes
Market Reports
View More%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminum_1_c380bad962.png&w=3840&q=75)
Aluminium Prices Open Lower; India Imposes Anti-Dumping Duties on Aluminium Imports
Aluminium prices opened lower on LME, SHFE, and MCX, reflecting minor corrections. China’s February output dropped month-on-month but grew year-on-year. India imposed anti-dumping duties on aluminium foil and other products to curb cheap imports from China. Global primary aluminium production increased 2.7% in January, signalling a stable supply outlook.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminium_f7f66e0dd2.png&w=3840&q=75)
Aluminium Prices Climb as Supply Tightens, US Tariffs Loom
Aluminium prices increased 1.21%, closing at Rs 264.4/kg, driven by US import tariffs and supply constraints. The global aluminium market is expected to face a 600,000 mt deficit by 2025, as China enforces production caps. Meanwhile, global aluminium output increased by 2.7% YoY. Analysts see support at Rs 262.8, with resistance at Rs 265.3, signalling potential further price movement.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminum_3_5342dfda01.png&w=3840&q=75)
Aluminium Prices Hold Steady Amid Supply Surplus and Cautious Demand
Aluminium prices remain stable with minor fluctuations, as end-user demand shows hesitation despite rising supply. Inventories for Aluminium ingots and billets have surpassed key levels, indicating slower movement in the market. Suppliers are holding back cargoes in anticipation of more favorable conditions, while macroeconomic factors like interest rates and inflation remain key drivers for future price movements.
Read Story
Aluminum Prices Drop Slightly as Global Production Rises, Market Faces Trade Uncertainty
Aluminum prices saw a slight decline as global production increased, particularly in China. While domestic production is expected to rise gradually in February, profitability concerns persist for Chinese smelters. The market is also reacting to growing Russian aluminum stocks in LME warehouses and potential EU sanctions. Experts suggest the market is undergoing structural adjustments.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminum_4_a964a906ad.png&w=3840&q=75)
MCX Aluminium Prices Dip Amid Rising Global Supply and Tariff Threats
Aluminium prices on MCX fell by 1.06%, driven by increased global production and higher stock levels. China and Japan reported production and inventory surges, while the EU plans to include Russian aluminium in its sanctions package. Rising production costs in China are causing losses for the first time in three years. Experts forecast aluminium support at Rs 251.4 and resistance at Rs 254.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminium_458d1f73b4.png&w=3840&q=75)
Aluminum Prices Firm Amid Tightening Supply and Production Growth
Aluminum prices held steady despite mixed trends in the global market. Supply constraints at LME warehouses and strong Chinese production shaped price movements. Declining alumina costs and ongoing U.S. tariff discussions further influenced market sentiment.
Read Story
Aluminum Prices Steady Amid Global Supply Struggles; LME Declines as Demand Weakens
Aluminum prices remained stable as global supply concerns persist and seasonal demand weakens. Production in China rose, but deficits in the market and low operating rates in processing industries create uncertainty. Hindalco's acquisition of the Meenakshi Coal Mine secures cost-efficient operations, while macroeconomic factors like US interest rate policies will influence long-term trends.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Fstainless_steel_2_7a67ecb030.png&w=3840&q=75)
Stainless Steel Prices Hold Firm as Nickel, Copper Show Mixed Trends
Stainless steel prices remain steady, with 200-series demand surging due to limited imports. Nickel and copper prices showed mixed trends, influencing global market movements. India’s stainless steel sector is witnessing higher demand in the 300 and 400 series, albeit with cash flow constraints. Walsin Lihwa raised wire rod prices for the third month, citing rising costs.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Fstainless_steel_1_feecd63a39.png&w=3840&q=75)
Nickel and Copper Prices Rise as Stainless Steel Market Remains Strong
The stainless steel market remains firm with rising nickel and copper prices, as well as supply constraints in the 200 series. Nickel opened up 1.41% at $16,170/mt, while copper gained 0.54%. Domestic and imported stainless steel prices are steady, with limited imports keeping the 200 series demand high.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminium_d79ae74f64.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_Ingot_SHG_0_99995_53f40b6205.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FLEAD_Ingot_1d45536fed.jpg&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FCopper_Cathode_31c31256dd.JPG&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FCopper_wire_rod_2a7d2ec133.JPG&w=3840&q=75)
%2Fhttps%253A%252F%252Fd3dhalnpawfxbg.cloudfront.net%252Fproduction%252Fnexizo%252Fnexizo.ai%252F_next%252Fassets%252Fved.png&w=128&q=75)