Monster Beverage Corporation reported record third-quarter net sales of USD 2.56 billion in 2026, marking a 16.7 per cent year-on-year increase, even as higher aluminium can and freight costs contributed to a decline in gross profit margin. The beverage manufacturer said rising aluminium costs, alongside a shift towards faster-growing but lower-margin international markets, weighed on profitability during the quarter. According to the company's Q3 2026 earnings call, gross profit margin declined by 100 basis points to 54.7 per cent from 55.7 per cent in the corresponding quarter of 2025. Management identified increased aluminium can costs, geographical sales mix and higher freight expenses as the primary factors behind the contraction, partly offset by pricing actions. Chief Executive...
A potential easing of trade tensions between the United States and Canada could reshape the North American aluminum market, with European buyers facing the risk of stronger competition for Canadian metal. Import data from ITC Trade Map shows that US purchases of Canadian unwrought aluminum fell sharply in 2025, while imports from Canada increased across six European markets, highlighting how trade flows have evolved amid tariff uncertainty. The United States imported approximately 2.03 million metric tons of unwrought aluminum from Canada in 2025, down 25.9% from 2.74 million metric tons in 2024. The decline amounted to around 711,494 metric tons over the year. Import value also decreased, falling 22.2% from $7.82 billion to $6.09 billion. The figures come as the possibility of a...
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LME aluminium contract closed at US$ 1,832 per tonne on Friday, April 26, down from US$1,852 per tonne on Thursday, April 25. The contract is expected to trade between $1,830-1,870 per tonne today. As on April 26, LME aluminium cash (bid) price stood at US$ 1831.50 per tonne, LME official settlement price stands at US$ 1832 per tonne; 3-months bid price stands at US$ 1848 per tonne, 3-months offer price is US$ 1849 per tonne; Dec 20 bid price stands at US$ 1972 per tonne, and Dec 20 offer price stands at US$ 1977 per tonne. The LME aluminium opening stock stood at 1020875 tonnes. Live Warrants totalled at 642100 tonnes, and Cancelled Warrants were 378775 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1862.79 per tonne. SME and SHFE Aluminium Price Trend The...
Aluminium Bahrain B.S.C. (Alba) is a key sponsor and participant in one of the leading events of the aluminium industry, the CRU’s 24 th World Aluminium Conference. The conference was held from 24 – 26 April 2019 at the Jumairah Carlton Tower, London. More than 210 delegates -- representing 129 companies from 41 countries participated in this year’s conference. Alba’s Marketing Director Boris Santosi, Alba America’s Manager Patrick Hudson, Strategic Supply and Planning Manager Moh’d Khalid and acting Public Relations Manager Abdulla Seyadi represented Alba at this event. Before the event, commenting on Alba’s participation in this Conference, Alba’s Chief Executive Officer, Tim Murray, said: “We look forward to engage with industry experts to effectively address the challenges our...
A navratna CPSE National Aluminium Company Limited (Nalco) has reportedly urged the Supreme Court to challenge Odisha High Court for allowing Vedanta’s Jharsugda unit's participation in the tender floated by Nalco for the sale of surplus alumina. Nalco pointed out that according to policy the tender for alumina sale was issued only to overseas customers. Therefore, Vedanta was not entitled to participate in the tender. However, at the same time, Nalco clarified that Vedanta could participate in the tender through its sister concern based in London. Vedanta, on the other hand, has moved the Odisha High Court against Nalco’s decision to not include it in the tendering process. According to Vedanta, the Nalco’s decision of not allowing its participation in the tendering process adversely...
Last week, Nebraska Recycling Council (NRC) taught Custer County residents how to recycle more and how to recycle right. NRC Program Manager Megan Jackson and Custer County Recycling Manager Kelly Flynn were present at the program to teach some do’s and don’ts when it comes to recycling at local level. According to them, Custer County can potentially receive $800 for a ton of aluminium can which can be recycled indefinitely. Aluminum cans are the one item they said, should never be wasted. Recycling aluminium saves more than 90% of the energy needed to smelt aluminium from the ore. They explained that tossing away an aluminium container wastes as much energy as throwing out half the volume of gasoline in the same container. They suggested sorting materials at home first before taking them...
Tokyo-based architect and designer Toshiki Omatsu has reportedly revealed his latest furniture project named 'Shades of Michelangelo’. The project includes exquisite chairs made of warm maple wood with a cold metal surface that lends a simple yet intriguing design connecting between natural and man-made materials. The back plate of the chair is formed at an angle to the sheet surface since a right-angled plate could be uncomfortable for users to sit on. The design of the chair derives from a question that Omatsu had raised once - what if the back plate is deformed according to one’s leaning on it backward? The back plate, the sheet, and the partial front legs are made out of a bended single aluminium sheet with a thickness of 3mm. It is to be noted that partial front legs are not just for...
Canada's Ambassador to the United States David MacNaughton said on Thursday that there is no negotiation going on between the US and Canada over U.S. President Donald Trump's tariffs on Canadian steel and aluminium. He also said that parliament is not likely to approve the USMCA if Trump administration’s tariffs on Canadian aluminium and steel remain in place. Speaking at a U.S. Chamber of Commerce event in Washington, he said that "conversations" have consisted simply of the two countries restating their views. Canada's current Parliament breaks in June for the federal election expected in October. He said that the "conversations" have consisted simply of the two countries reiterating their views. "We're not in active negotiations at the present moment, but we need to get into active...
According to the latest update from Shanghai Metals Market, State Power Investment Corporation Shanxi Aluminium has recommenced its bauxite mining project in Kuancaoping Town of Ningwu County on Saturday, April 20. The news came after it was released on the Ningwu government website on Tuesday, April 23. The construction of the mine had initially started in February 2010. Then due to some historic issues, project was on halt for about a decade. The mining license for the project was obtained from the Department of Land and Resources of Shanxi province in December 2012, SMM learned. SPIC is one of China's top five power generators, and an integrated energy group with power as its core. It has a total installed capacity of 107.4 GW, including 68.27 GW of thermal power, 20.94 GW of...
The Middle East country Oman with a promising downstream aluminium manufacturing base is projected to extend a growth in aluminium bar rods and profiles export this year. According to our third-party data, Oman has been seeing a rise in aluminium bar rods and profiles export since 2016 and this year is expected not to show any exception. In 2016 the estimated export amount was at 26,004 per tonnes, which in the next year had grown to 30,342 tonnes, up 17 per cent. The country further extended its amount of aluminium bar rods and profiles export in 2018, totalling at 36,902, 22 per cent higher than the year ago. The global export-import data forecasts that this year the export volume is likely to grow 12.19 per cent year-on-year to peg at 41,403 tonnes. In consequence of the rise in Oman’s...
Analysts see an uncertain future for most China EV startups that exhibited and participated at Shanghai Auto Show. Hundreds of new companies have been formed to make electric vehicles for the China market. However, it is evident at the Shanghai auto show that most of the EV startups will close down after a while. About 20 EV startups displayed their products at the show but only a few have started production and only Nio, WM Motor and Xpeng Motors have launched their cars commercially. Nio and WM have achieved substantial sales volume. Nio launched its first product, the ES8 electric crossover in showrooms in June. Cumulative deliveries of the ES8 topped 15,000 by the end of March. WM started shipping its first product, the EX5 electric crossover, to customers in September. The company...
The A00 aluminium ingot price in China has once again dropped today, April 26, despite a rise in the alumina spot price, Shanghai Metals Market found. Followed by a rise to 6-months high, the ingot price has declined by RMB 60 per tonne to clock at RMB 14,170 per tonne, as of today. The average prices are expected to range between RMB 14,150 per tonne and RMB 14,190 per tonne, while the spot aluminium contract is likely to be traded at the same discount of RMB 30 per tonne to a premium of RMB 10 per tonne. As the decline in aluminium ingot price has touched upon all the major Chinese markets, the price in the south is found sunk by RMB 70 per tonne to RMB 14,180 per tonne while that in the north to the same price after declining by RMB 10 per tonne. The aluminium ingot price in the east...
The greenback on Thursday hit a high of 98.337 against a basket of key rivals, the highest since May 16, 2017. LME base metals closed mixed on Thursday after the US dollar refreshed its highs. LME aluminium dropped 0.7% and SHFE aluminium edged down 0.04%. Three-month LME aluminium came off from earlier highs to close at US$1,858.5 per tonne on Thursday, down 0.69% on the day. Thursday’s declines in LME aluminium was mainly attributed to the build-up of short position. It is expected to trade between US$1,850-1,880 per tonne today. As on April 25, LME aluminium cash (bid) price stood at US$ 1850 per tonne, LME official settlement price stands at US$ 1852 per tonne; 3-months bid price stands at US$ 1861per tonne, 3-months offer price is US$ 1862 per tonne; Dec 20 bid price stands at US$...
Showa Aluminum Can Corporation (SAC), a subsidiary of Japan’s Showa Denko has decided on starting its new aluminium can plant in Vietnam. This will be its third production base aimed at expanding its operations in Vietnam. The new plant will be located in Ba Ria-Vung Tau Province and the company is also planning to expand the can production line at its old factory in the northern part of Vietnam. Hanacans Joint Stock Company (Hanacans) is an affiliated company of SAC in Vietnam, which has production lines for can bodies and can ends in its Bac Ninh Factory. It also produces can bodies in its Quang Nam Factory. The new can factory of SAC will have a capacity to produce 1.3 billion can bodies per year. It will also install an additional line in Hanacans' Bac Ninh Factory to produce 1.1...
Aluminium glazing manufacturer Express Bi-folding Doors announced that the company has made a significant investment into its 180,000 square feet Head Office & Leeds showroom. The company’s Leeds showroom offers all elements of glazing within the home, from bi-folding and sliding doors, to aluminium front doors, windows and glazed roof structures. Express Bi-folding Doors has invested £75,000 to improve the showroom experience for its customers. The company is now gearing up for growth after the investment into its site. Steve Bromberg, Managing Director commented, “After being in the showroom for nearly three years we have utilised the space to showcase our latest glazing designs as well as some of the specialist, bespoke solutions we offer that can’t be seen in other showrooms. We’re...
Thatchers Cider has introduced lighter weight cans for its cider range. The move will save the equivalent of 5.9 million empty cans a year. The company expects to save approximately 381 tonnes CO2 this year by using the lighter weight cans. The change will see around 70 tonnes of aluminium saved each year, thanks to switching to Ardagh Group’s lighter weight beverage cans. Martin Thatcher, fourth generation cider maker said, “We’re looking at many different ways of reducing our impact on the environment. As well as running a business, we are all, as individuals, passionate about cutting waste and doing our bit to bring about change.” “Light weighting our cans means less energy used across the packaging process. We’re producing around 100 million cans a year at Myrtle Farm, so this...
Montenegro-based aluminium company Uniprom has reportedly started the construction of an aluminium billets production unit worth 15 million euro ($16.7 million) at aluminium smelter KAP’s factory in Podgorica. The news came after the economy ministry announced this on Wednesday, April 24. The ministry said Uniprom is expecting to create 80 new jobs once the construction work of its 70,000 tpy billets production unit is complete and starts operating by December 2019. Besides, Uniprom’s owner Veselin Pejovic said that the company is planning to open a production unit of silumin alloys worth 11 million euro within a few months, with a capacity of 30,000 tonnes per year. Economy minister Dragica Sekulic said in a statement, "We expect these large investments to stimulate the creation of a...
Alufoil Trophy 2019, an annual event, organised by the European Aluminium Foil Association (EAFA) to award the most innovative products and technologies in aluminium foil has once again attracted a strong field of entries. They gave out nine awards in different categories honouring excellence in foil packaging. The judges, led this year by Laura Fernandez, senior packaging technologist at Marks & Spencer, noted strong social elements running through entries this year. Consumer convenience and social and environmental aspects dominated the theme this year. An alufoil lid with the capability to emboss braille attracted attention for its appeal to consumers with poor vision. “We were very taken with many of the entries working effectively on more than one level. So while it was clever...
According to Shanghai Metals Market, stocks of 6063 aluminium billet have extended their decline today, on April 25, across five major consumption areas in China. Higher demand for aluminium extrusion still remains a major factor behind these depleted inventories. As of April 25, inventories have fallen some 6,400 tonnes from last Thursday, April 18, to come in at 92,200 tonnes, SMM data shows. This is the seventh consecutive week that aluminium billet inventories have shrunk. In major cities like Foshan, Guangdong, the inventories have recorded a drop by 9,300 tonnes to stand at 55,300 tonnes; while in Wuxi, Jiangsu, the inventories have shown restraint at 18,500 tonnes. In Changzhou, Jiangsu and Huzhou, Zhejiang, on the other hand, the inventories have risen week-on-week by 300 tonnes...
Aluminium Stewardship Initiative (ASI) announced that Elval has joined ASI as a Production & Transformation member. Elval is the aluminium rolling division of ElvalHalcor S.A. and the only Greek producer of flat rolled aluminium products. Lampros Varouchas, Managing Director, ELVAL said: “We are very excited to join ASI and further promote the principles of sustainability that drive us in all of our activities. We think of our membership as an excellent opportunity to align our efforts with the other members of ASI towards responsible production, environmental protection and material stewardship, throughout the aluminium value chain.” Elval’s products are used in the packaging, construction, shipbuilding, automotive, energy, industrial and HVAC industries. The company exports...
