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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According to Shanghai Metals Market, the alumina spot price has recorded a rise over the weekend ended on April 22, by RMB 10 per tonne to come in at RMB 2,675 per tonne. After a continued fall since the beginning of the year, the alumina spot price first rose this year on April 18 from RMB 2,646 per tonne to RMB 2,665 per tonne. On April 19, the price showed restrained and then again a growth on April 22. The average price today is expected to stand at RMB 2,675 per tonne. In all the major markets of China, including east, central, north, and south, the alumina price has also climbed by RMB 10 per tonne to stand at RMB 2,690 per tonne, RMB 2,680 per tonne, and RMB 2,670 per tonne, respectively. The A00 aluminium ingot price has also registered a growth today by RMB 80 per tonne and...
Tala, a lighting brand from UK, has designed a "super simple" alumina lighting range considering the urban nomads in mind. The lights are designed to cater to the more transient rental market. Tala's latest collection is manufactured from alumina – a high-grade technical ceramic base made from chemical grade bauxite. These alumina ceramics are typically used in industrial applications, which the lighting brand has used for interior lighting. The use of alumina material in the lights offers a matte white finish for simplicity and clarity. The outward finish is complemented by a minimal, pared-back design. The table lamp assembly is simply formed of a bulb, stand and a tuner; the plug-in pendant consists of a node and a bulb. "Pushing design boundaries is a part of Tala's DNA, but we also...
The recycling branch of the China Nonferrous Metals Industry Association said Chinese authorities would start accepting applications for licenses to import soon-to-be-restricted types of metal scrap from May 2019. China has long been trying to restrict scrap imports as part of a campaign against foreign solid waste. Imports of low-grade copper scrap such as coiled cable and waste motors known as ‘Category 7’ are already banned since the beginning of 2019. The imports of eight further kinds of scrap, including high-grade scrap copper known as ‘Category 6’, as well as types of aluminium and steel scrap would be restricted from July 1. The recycling association said in a statement that provincial units of the Ministry of Ecology and Environment can start collecting applications for licenses...
Australian yacht builder SilverYachts has reportedly unveiled a new line from its aluminium superyachts portfolio at Singapore Yacht Show 2019. Named SpaceCat and designed by long term SilverYachts collaborator Espen Øino, the new vessel is 35.5-metre long power catamaran. The vessel is environmentally friendly thanks to its lightweight low-resistance aluminium hull and features spacious living areas within a 13.3-metre beam. It has an external space of 575-square-metre and 300-square-metres of living areas inside. The total accommodation capacity of the yacht is for 12 guests and 8 crews. There are master suit, two doubles and two twin cabins, with one equipped with two Pullman beds. The crew of 8 can be housed in a double captain’s cabin, two twins, and one triple cabin. A swimming pool...
Vedanta Limited has become the highest aluminium producer in India in FY2019, the data showed after the publication of its production results for the year ended 31st March 2019. Vedanta’s aluminium production stood at 1,959,000 tonnes in FY2019, an increase of 17% year-on-year from 1,675, 000 tonnes in FY2018. It was mostly driven by stabilized production increase after the complete ramp up of Jharsuguda smelters. This has placed Vedanta as the largest aluminium producer in India as the company contributed about 53% of the total aluminium production of about 3.68 million tonnes of aluminium in FY2019. While Nalco produced 440,000 tonnes of aluminium Hindalco is expected to produce about 1.29 million tonnes of aluminium in FY2019. Production from Jharsuguda-I stood at 545,000 tonnes in...
Alicon Castalloy Ltd (Alicon), one of India’s largest integrated manufacturers of aluminium castings, published financial results for the quarter and year ended March 31, 2019. The company reported total income of INR1,192.05 crore in FY19, an increase of 17 per cent from INR1,022.96 crore in FY18. Profit after Tax increased 37 per cent year-on-year to INR52.95 crore in FY19. PAT was at INR38.68 crore in FY18. EBITDA rose by 27 per cent YoY to INR 149.61 crore in FY19 compared to INR 117.64 crore in FY18. In Q4 FY19, total income stood at INR317.41, up 7 per cent YoY. Profit after Tax increased 24 per cent YoY to INR15.89 crore. EBITDA rose by 13 per cent YoY to INR41.10 crore compared to INR 36.51 crore. Rajeev Sikand, Group CEO - Alicon Castalloy, said: “This robust performance has been...
The US dollar rebounded against a basket of foreign currencies on Monday and continued to stay above 97 keeping pressure on LME base metals. Though better-than-expected economic data in China weakened it in the mid-week, strong retail sales and labour data bolstered the US dollar on later. LME aluminium had a flat run over the week. The LME aluminium cash contract started the week flat from last week at US$1843.50 per tonne and continued with a downward trend without much fluctuation. The contract was traded within a tight range of US$1839-US$1844 per tonne over last week closing at US$1839 per tonne on Thursday. On Friday, there was no trading due to Good Friday holiday. 3-months aluminium price ended the week at US$ 1854.50 per tonne. LME aluminium is expected to trade between...
The Denver Museum of Nature & Science has eliminated single-use plastic to enhance their commitment to environment and sustainability. The Museum will now offer 100% recyclable aluminium cans and compostable cups made of plant based material to its visitors for drinking. It is to be noted that the Denver Museum now composts all used utensils, straws, napkins, plates, condiment cups, containers, and food waste to limit dumping in the landfills. “It takes plastics hundreds of years to decompose, and we felt this was an immediate step we could take to continue our commitment to protecting the natural world,” said Patrick Hartnett, the Museum’s food and beverage director. The Museum has partnered with Ball Corporation for this sustainability initiative. As a goodwill gesture towards this...
Tenova, a company in the Techint Group specialising in solutions for the metals and mining industries, has reportedly bagged a new contract from Henan Tongren Aluminium Co. Ltd. for continuous annealing and chemical pre-treatment line for processing aluminium strip coils. Henan Tongren Aluminium Co. Ltd. is a Chinese manufacturer specialising in the production of aluminium products. The company’s new line is dedicated to processing 2XXX, 5XXX, 6XXX, and 7XXX aluminium alloys, which will then be supplied to Tongren’s production plant in Sanmenxia, Henan Province. The width of the strips in the new line range from 1.000 mm to 2.650mm and thickness from 0.3 mm to 4.5 mm. Automotive and aerospace are the two main sectors that will use these alloys. The total production for the line is...
Novelis says US aluminium tariffs on Canada are hurting downstream companies like Novelis in Oswego. The companies including Novelis are paying tariffs to import aluminium from Kingston, Ontario. Novelis has sought exclusions from the federal government on some of their imported aluminium products. Novelis produces about 454,000 tonnes of rolled aluminium products per year in its Oswego facility for the automotive, building and beverage can industries. Oswego Plant Manager Kevin Shutt said that they procure their raw materials from a plant in Kingston. “It really put a hurt on us, the tariffs, making it very difficult for us to ship back and forth across the border," Shutt said. "And that was just a normal part of business for us.” Trump administration implemented an umbrella tariff of...
South32 reported two per cent quarter-on-quarter decline in its third quarter FY19 aluminium production. Total aluminium production dropped from 247,000 tonnes in Q2 FY19 to 242,000 tonnes in Q3 FY19. Production remains unchanged at 737,000 in in the nine months ended March 2019. Hillside Aluminium production increased by one per cent to 536,000 tonnes in the nine months ended March 2019 from 533,000 tonnes in the nine months ended March 2018. In Q3 FY19, production stood at 176,000 tonnes, down two per cent quarter-on-quarter. Sales declined by 14 per cent QoQ in the March 2019 quarter reflecting the timing of shipments. Production guidance for FY19 remains unchanged at 720,000 tonnes, but remains subject to load-shedding. “Notwithstanding the smelter’s continued strong operating...
According to a Reuters report, China Hongqiao Group plans to restart some of its closed smelting capacities this year. The move will allow the company to replace ageing production lines with newer technology, including a high-performing 600 kA potline without adding extra capacity. Hongqiao, the world’s largest aluminium producer has a licensed aluminium capacity of 6.46 million tonnes per year and had to close 2.68 million tonnes of illegal capacity in mid-2017, on order of the provincial government in eastern China’s Shandong. According to a statement from Shandong’s Department of Industry and Information Technology Hongqiao will idle 543,000 tonnes of capacity this year and replace it with 542,000 tonnes of new capacity. China’s Ministry of Industry and Information Technology allows...
According to the study of IMARC Group, the global aluminium powder market has grown at a CAGR of around 2.2 per cent during 2011-2018, reaching a volume of 617,238 tonnes in 2018. Aluminium powder is light in weight, odourless, and highly flammable substance mostly used in the making of paints and sealants, sparkles and glitters, aerated autoclave concrete, reflective roof coating, printing inks and much more. {newsStudioGallery} Currently, North America represents the biggest market for aluminium powder followed by Europe and Asia Pacific. Japan, known for a growing downstream aluminium manufacturing sector, had been found consuming a considerable amount of aluminium powder and flakes for the past three years. The graph below demonstrates that in 2018, Japan’s estimated import volume of...
Mining company South32 reported total alumina production of 3.74 million tonnes in the nine months ended March 2019, compared to 3.77 million tonnes in the nine months ended March 2018. In Q3 FY19, alumina production stood at 1.2 million tonnes. This was down 13 per cent quarter-on-quarter. Production at Worsley Alumina increased by one per cent to 2.8 million tonnes in the nine months ended March 2019, as further calciner maintenance was undertaken and the refinery retained a substantial hydrate inventory position. In Q3 FY2019, alumina production stood at 893,000 tonnes, down 15 per cent QoQ. The company will increase production to nameplate capacity of 4.6 million tonnes per year from FY20. Sales from Worsley Alumina fell one per cent to 2.8 million tonnes in the nine months ended...
During Alcoa’s first quarter earnings call on April 17, Alcoa CEO Roy C. Harvey highlighted aluminium trade imbalance, Chinese overcapacity, Section 232 tariffs and the proposed quota on Canada’s aluminium export to the U.S. He said that in China downward domestic demand growth is constantly being balanced by higher levels of smelting curtailment. While the government is offering export incentives, Chinese exports are bound to grow more this year and will continue to flood international markets despite trade barriers. He added that the U.S. trade policy designed to help the domestic aluminium industry has not been able to address Chinese overcapacity, and the growing export of semi-fabricated products from that country. “Since U.S. Section 232 tariffs were enacted last year, Chinese...
Ardagh Group, a Luxembourg-based producer of glass and metal products, reportedly announced its plans to expand Jacareí can and Manaus ends production facilities in Brazil this year. Ardagh’s plans to expand the facilities are part of its commitment towards supporting the growth in the Brazilian can market. Ardagh believes these expansions will enable the market to meet customers’ demands for infinitely recyclable and sustainable aluminium packaging. Ardagh said both Jacareí can facility and Manaus ends facility are currently operating at full capacity and aiming to increase the production further. The company also said about its intentions to start the Jacareí plant expansion project from the first quarter of 2020 after completing the expansion of the Manaus plant in the third quarter of...
Strong retail sales and labour data bolstered the US dollar on Thursday. LME aluminium traded flat and SHFE aluminium inched up close to 0.1%. Despite the rebound in the greenback, three-month LME aluminium rallied from earlier lows to close 0.84% higher at US$1,868 per tonne on Thursday night, recovering from much of the losses in the previous day. The cash contract also closed the trading day almost flat and gained slightly overnight. Weak fundamentals will likely keep gains in LME aluminium in check. It is expected to trade within a tight range in the short term. As on April 18, LME aluminium cash (bid) price stood at US$ 1838.50 per tonne, LME official settlement price stands at US$ 1839 per tonne; 3-months bid price stands at US$ 1854 per tonne, 3-months offer price is US$ 1854.50...
Italy-based luxury yacht conglomerate Overmarine Group’s first model of newly revealed 49.9-metre Mangusta Oceano 50 superyacht is reportedly under construction and is due to be completed during 2020. Aluminium is the main metal that gives shape to this vessel. Designer Alberto Mancini, who is designing this vessel along with the company’s in-house team says, “ Almost as if the aluminium were moulded onto a living thing in motion .” The design of the vessel is such that it ensures to optimise exterior and interior volumes and offers ample amenities. Areas such as the aft cockpit with private seating area and garage that converts into a spacious beach club are just some of the innovative features of the Mangusta Oceano 50. The interior is designed in a way that guests can enjoy the full...
