Toyo Seikan Group Holdings reported a 7.7 per cent year-on-year decline in operating profit from its packaging business in the first half of FY2026, as rising raw material and energy costs continued to weigh on profitability despite higher sales. The Japanese packaging manufacturer recorded a 33.1 per cent increase in its LME aluminium price benchmark during the period, highlighting the cost pressures facing packaging producers amid elevated commodity prices. According to the company's financial results released on November 9, 2026, the LME aluminium price averaged USD 3,380 per tonne during April-September 2026, compared with USD 2,540 per tonne in the corresponding period of FY2025. Although the actual price was below the company's August forecast of USD 3,510 per tonne, it remained...
Molson Coors Beverage Company reported a USD 30 million unfavourable impact from Midwest Premium pricing in the third quarter, adding to inflationary pressures across materials, logistics and manufacturing expenses. The brewing company also reported lower-than-expected revenue and reduced its full-year financial outlook, sending its shares down 3.36 per cent in pre-market trading on Thursday. The company reported net sales of USD 2.93 billion for the third quarter, falling short of analysts' expectations of USD 2.94 billion. Revenue declined 1.6 per cent compared with the corresponding period last year, while sales decreased 1.2 per cent on a constant currency basis. The decline was primarily driven by a 3.0 per cent fall in financial volume, partly offset by favourable pricing and sales...
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The leading producer of integrated aluminium in Europe ALRO S.A. pursues to support the efforts towards prevention and combat the effects of the COVID-19 pandemic in the local communities where it operates and donates seven pieces of vital equipment necessary to fight against COVID-19 deadly effects. The aluminium firm donated five integrated oxygen flow and aerosol treatment devices worth RON 122,500 to the Slatina County Emergency Hospital and another two similar devices worth RON 49,000 to the Municipal Hospital Caracal, for treating patients affected by this virus. Gheorghe DOBRA, CEO of ALRO, said: “We have always focused our attention on the health and safety of our employees and today, more than ever, the health of our employees, their families and relatives and in fact, the entire...
Hydro's aluminium plant in western Norway is all set to go back to full production as Husnes B-Line capacity resumed operation on November 24, after remaining idle since 2009 due to a financial crisis. Hydro Husnes currently produces 95,000 tonnes of aluminium annually via the A line. This will increase to 195,000 tonnes when the 200 electrolysis cells in B-line restart the operation in full swing. Hydro President & CEO Hilde Merete Aasheim said, “It is great that the B line at Hydro Husnes is finally producing aluminium again. The restart fits well with Hydro's strategy of lifting profitability and driving sustainability. The world will have access to more renewable energy-based and infinitely recyclable aluminum, and with the technology upgrades that have been implemented, we can...
Vedanta has reduced the prices of its aluminium ingot and aluminium products with effect from Wednesday, November 25, after increasing them for six times in a row till a week ago. The company has cut its aluminium prices in tandem with the downtrend of global aluminium benchmark price on the London Metal Exchange. With the latest cut, Vedanta’s aluminium ingot price has come in at INR 164,750–177,750 per tonne, down by INR 1,750 per tonne from INR 166,500-179,500 per tonne on last Thursday, November 19. The company has cut its aluminium wire rod price by INR 1,750 per tonne as well. Thus, the price is now hovering at INR 172,250–179,750 per tonne, as against INR 174,000-181,500 per tonne on November 19. Vedanta’s aluminium billet price is at INR 172,750 per tonne, as of November 25,...
Chile is considered as the richest country in all of South America with exceedingly high living standards as well as a well-developed economy. The Gross Domestic Product (GDP) in Chile was worth $ 282.30 billion in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Chile represents 0.24% of the world economy. The Latin American nation’s import volume of aluminium plates, sheets and strips during 2018-19 was recorded at 52,950 tonnes and the foreign revenue expended during the phase for the importation remained at $219.94 million. The import for 2020 is marked to reach at 22,102 tonnes and the expenditure to stand at $133 million. However, when the import volume and expenditure of 2020 gets assorted with the existing two years, it...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, announced on Tuesday, November 24, that it topped the Environmental, Social and Governance (ESG) ratings list by ESG Invest yet again for the second consecutive year in Bahrain. ESG Invest ratings quantify the ESG performance of companies in the Arab world against 200-plus ESG quantitative and qualitative Performance Indicators and more than 40 ESG criteria derived from International Standards and National Visions. Commenting on this milestone, Alba’s Chief Executive Officer, Ali Al Baqali, said: “Ranking number ONE by ESG Invest in Bahrain endorses Alba’s sound corporate transparency and stakeholder accountability. We believe that ESG should be the Forward Focus especially as COVID-19 has accelerated the...
There are multiple types of balcony railings made of aluminium and stainless steel that are water and dirt repellent and never have to be painted again. Now, GEWA Balkonsysteme produces maintenance-free and innovative balcony railings made of aluminium in attractive and timeless designs and the special trick is the innovative coating that the company uses. Balcony railings made of aluminium are not only modern and ageless but at the same time enhance the living object with a stylish finish. First and foremost, aluminium stands for stability, durability and a high-quality appearance. At the same time, however, it also offers an almost infinite range of creative and technical design options - and not just in terms of colour. The green metal can be shaped as desired and thus also fulfils...
China’s A00 aluminium ingot price has outshone the level of RMB 16,000 per tonne on Wednesday, November 25, found the Shanghai Metals Market. Soaring by RMB 190 per tonne, the primary aluminium ingot price has come in at RMB 16,120 per tonne today, with average prices expected to range between RMB 16,100 per tonne and RMB 16,140 per tonne. The spot contract is likely to be traded at a premium price of RMB 90-130 per tonne, down by RMB 10 per tonne from November 24. Restriction on aluminium scrap imports by China has fuelled the use of domestic primary aluminium, resulting in higher consumption and lower inventories. As a consequence, the domestic primary aluminium ingot price has significantly grown by RMB 1290 per tonne in less than a month. Among the major Chinese cities, Foshan and...
Guinea, the West African nation is now the world's second-largest producer of bauxite, as per the latest World Bank ranking, Guinea is ahead of China and is now behind Australia. The bauxite production in Guinea increased from 59.6 million tonnes in 2018 to 70.2 million tonnes in 2019. According to the analysis of data from the latest World Bank report on the outlook in the commodity market, this 18% upswing allows it to grab its place as the world's second-largest producer from China. Indeed, China produced last year practically the same volumes as in 2018, i.e. 68.4 million tonnes of bauxite. However, the Chinese production has not increased much in recent times that of Guinea has not ceased to panic counters since 2015. The West African country will now be competing with Australia,...
Three-month LME aluminium rose 0.91 per cent to close at US$ 1985.50 per tonne on Tuesday, November 24, with open interest rising to 727,000 lots. The pressure at US$ 2000 per tonne will be monitored in the near term. It is expected to trade between US$ 1,960-2,000 per tonne today. LME aluminium cash (bid) price and LME official settlement price extended the downfall on Tuesday by US$ 5 per tonne to stand at US$ 1964.50 per tonne. 3-months bid price and 3-months offer price stood at US$ 1981 per tonne, decreasing by US$ 4.50 per tonne from US$ 1985.50 per tonne on November 23. Dec 21 bid price and Dec 21 offer price dropped marginally by US$ 1 per tonne to come in at US$ 2005 per tonne. The LME aluminium opening stock extended downfall from 1395525 tonnes to 1392250 tonnes on November 24....
KEMET has introduced three hybrid aluminium polymer capacitor series. The three series include the A780, PHA225, and PHH225. These aluminium capacitors are best suited for automotive and industrial applications. The A780 series is a surface mount (V-Chip) hybrid aluminium polymer capacitor. This series comes with a higher ripple current, lower equivalent series resistance (ESR), lower leakage current, and exceptional self-healing capability. These aluminium capacitors are ideal for automotive powertrain and industrial applications, including engine control units, DC/DC converters, 48V inverters for MHEV, switched-mode power supply (SMPS) and computer voltage regulator modules (VRM). The PHA225 and PHH225 capacitors can tolerate temperatures up to 140°C. It also comes with a extremely high...
Northern Michigan Breweries are reportedly facing losses for the shortage of aluminium cans. Russell Springsteen, owner of Right Brain Brewery, a microbrewery that serves its own brands of brews in a creative, industrial site, has reported that they started getting a heads up about the possible shortage of aluminium cans during this time last year. The problems with aluminium can supply in Northern Michigan began much before the onset of COVID-19, according to Short’s Brewing Company CEO Scott Newman-Bale. He said, “With tariffs coming in, that kind of amped it up to the next level, and then what really pushed it over the edge was COVID where people are just at home consuming.” Newman-Bale added that his brewing company requires approximately 12 million cans a year. Right now, it has 1...
Aluminium Industry experts are reportedly emphasising the urgent need for BIS (The Bureau of Indian Standards) quality standards for aluminium scrap to hinder the imports and use of cheap and sub-standard scrap in India. The BIS standards will ensure quality, environment, and safety concerns as per the global benchmarks to facilitate fair trade of aluminium scrap and enable the availability of the right quality of scrap with zero harmful effects on the environment. Since the time China implemented National Sword Policy and other measures to restrict scrap imports, the entire global scrap chain started directing towards India. Besides, lack of sufficient tariff and non-tariff barriers, low import duties, and absence of BIS quality standards for recycling and usage of scrap has further...
The economy of Egypt has weakened mostly in un-free category for more than two decades. Growth of GDP over the past five years, however, has been healthy. The construction and energy sectors are the main engines of growth. The disruptions caused by the COVID-19 pandemic started in Egypt in March 2020 and has since interrupted a period of macroeconomic stability, characterized by relatively high growth, improved fiscal accounts, and a comfortable level of foreign reserves. The country of Pyramids export of aluminium scrap during 2018-19 has been recorded with 6691 tonnes and the revenue generated during the phase remained at $9.18 million. The export for 2020 is marked to reach at 3860 tonnes and the earnings to stand at $4.22 million. However, when the export volume and earnings of 2020...
Azeraluminium LLC, a subsidiary of Azerbaijan Industrial Corporation OJSC, and German company Achenbach Buschhutten have started working on expanding aluminium production based on a preliminary agreement signed between them in Azerbaijan. Through the expansion, the companies intend to produce a wider range of value-added aluminium products using new advanced technologies, said a source in the corporation. As per the source, the companies have already started carrying out certain works for this project, such as feasiblity study. "Within the framework of the ongoing work, the preparation of a feasibility study meeting international standards ranks one of the main places," the source noted. One of the primary conditions for preparing a feasibility study for this project is that it should be...
Russia’s exports of crude metals and alloys to the US came in at 3,380 tonnes in August 2020, a decrease of 56% year-on-year. The Russia had exported 7,680 tonnes to the US in August 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month on month comparison, exports dropped by 25.22% from 4,520 tonnes. Exports of crude metals and alloys reduced by 35% from June’s exports of 5,170 tonnes. In the first eight months of 2020, exports stood at 77,8 00 tonnes as compared to 125,000 tonnes in the first eight months of 2019. This marked a decrease of 38% year-on-year or 47,200 tonnes. Russia’s exports of total aluminium (crude metal and alloys, semi-finished products and scrap) to the USA stood at 5,000 tonnes and 92,500 tonnes in August and...
The Vendée group Gustave Rideau, a major player in aluminium verandas, has just acquired BGN, which delivers a pass to Gustave Rideau to enter the metal construction market. This company from La Crèche, near Niort, deploys a wide range of trades, from metal frameworks to locksmithing, including the production of roofing, cladding or aluminium joinery. Gustave Rideau, President and Founder of the group with the same name, said: "In particular, we had an additional need in the coverage of large-span swimming pools, and BGN provides us with the aluminium-steel mix necessary for that.” Rideau, which already supplied private swimming pools, is now targeting the larger ones of the 8,000 French campsites. The new expertise will also allow it to approach the games and water parks segment. BGN...
According to a recent report, environment and community groups in Jamaica are planning to challenge the government’s bauxite mining permission in Puerto Bueno area in the courts backed by the Office of the Public Defender. The latter will offer legal aid to stakeholders of Puerto Bueno Mountain, in the Dry Harbour Mountains of St Ann parish, and in the Cockpit Country forest, for the constitutional fights to stop mining. Jamaica’s government has granted a license to Jamaica World LLC to mine in Puerto Bueno, which happens to be home to endangered species. As per the report, the government has granted permission despite a denial earlier by the National Environment and Planning Agency for an environmental permit. The environment and community groups in Jamaica have won the backing of an...
As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 4 per tonne on Tuesday, 24 November 2020 to stand at RMB 2283 per tonne, after a decline of RMB1 per tonne since yesterday. Alumina price in Shanxi has risen by RMB 10 per tonne to stand at RMB 2280 per tonne. The prices of alumina in Shandong, Henan, Shanxi, Guizhou, Guangxi China markets have remained unchanged at RMB 2275 per tonne, RMB 2280 per tonne, RMB 2300 per tonne and RMB 2300 per tonne on Tuesday, 24 November 2020. Australian alumina FOB price stands USD 3 per tonne higher. The price stands at USD 283 per tonne. A00 aluminium ingot price has dropped by RMB 50 per tonne after four days of rise. The price stands at RMB 15930 per tonne on Tuesday, 24 November 2020 from Monday’s price of...
