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As of July 30, China’s aluminum ingot inventory in major consumption areas stood at 953,000 mt. Cumulative destocking from the YTD high of 1.465 million mt in early May has reached 512,000 mt (-35%), with an additional accelerated destocking of 53,000 mt this week, breaking below the 1 million mt threshold as expected. However, the directional divergence between warehouse withdrawals and inventory has raised concerns...

As of July 30, China's major consumption regions reported aluminum ingot inventory of 953,000 mt, having cumulatively destocked 512,000 mt (-35%) from the year's high of 1.465 million mt in early May. Within the week, destocking accelerated further by 53,000 mt, as expected falling below the 1 million mt mark. However, the directional divergence between warehouse withdrawals and inventory drew attention: weekly warehouse withdrawals pulled back to 127,700 mt, losing the advantage of being at a high for the same period in the past four years. The core driving force of this destocking round has shifted from "demand and warehouse withdrawal boost" in June to "supply contraction + slowdown in shipment pace": the proportion of liquid aluminum rose to 78.3% in July, with casting ingot volume down 15.1% YoY; a sharp drop in arrivals in South China pushed Foshan's premium wider by 50 yuan/mt in a single week to 115 yuan/mt; SMM believes...

Since entering Q2 2026, the silicon manganese alloy market has remained under sustained pressure. Prices of upstream raw materials—including manganese ore and coke—have stayed elevated, while downstream steel consumption remains sluggish amid strong price-suppression efforts from mills. The industry is caught in a dual squeeze of “high costs and weak demand,” with losses spreading rapidly from isolated cases to a widespread trend.

The Trump administration has announced an overhaul to the rules governing a critical piece of Civil Rights-era legislation, most notably a reduction in the number of banks that will need to fully comply with the law.

Canadian Prime Minister Mark Carney said on Thursday that "everything’s on the table" if President Donald Trump’s threatened 50% tariffs take effect, while O...

The Federal Reserve and global central banks are undergoing a metamorphosis, not self-destruction. They’re reinventing themselves as their created world becomes too fragile and sick, planning to emerge as saviors from the crisis they orchestrated. #FederalReserve #JekyllIsland #Metamorphosis #CentralBanking #EconomicCollapse —- 📅 Schedule your free consultation: https://info.zangintl.com/meetings/strategyconsultation/youtube-shorts-lz 📞 Call us: 833-GLD-ZANG (833-453-9264) 🔗 All of [...] The post The Federal Reserve’s Metamorphosis Continues appeared first on CBNC.

PINK outperformed XLV by 8.7 percentage points over one year, but carries higher fees and volatility. XLV offers lower costs and a higher dividend yield for...

India's next wealth creation wave will emerge from new entrepreneurs in strategic sectors. These founders leverage advanced technologies to build globally competitive businesses with strong growth. Investors should look beyond conventional equity strategies for emerging opportunities. Alchemy Long Term Ventures Fund, Series 3 targets sophisticated investors with a long-term outlook. This fund blends listed and private opportunities in high-growth strategic sectors.

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IDFC First Bank reported its highest-ever quarterly profit after tax of Rs 1,075 crore. Net interest income rose 21.1% year-on-year, and net interest margin also improved. Gross non-performing assets fell to 1.51%, showing further improvement in asset quality. The bank received claims worth Rs 514.8 crore under the CGFMU scheme. Management remains focused on building a high-quality banking institution with strong governance.