Sampat Aluminium shareholders unanimously approved the company’s FY26 financial statements and three other resolutions at its 27th Annual General Meeting held on September 26, 2026. Sampat Aluminium Limited passed all four ordinary resolutions at its 27th AGM, with 54,69,800 votes cast in favour and no votes against. The meeting was held through video conferencing, while remote e-voting was available from September 23 to September 25, 2026. The resolutions covered the adoption of the company’s audited standalone financial statements for the financial year ended March 31, 2026, the reappointment of Sanket Sanjay Deora as Managing Director, the appointment of M/s Utkarsh Shah & Co. as Secretarial Auditor, and the ratification of remuneration for the Cost Auditors for FY27. All four...
Aluminum investment has been spreading across the entire value chain, from primary smelting and alumina refining to recycling, rolling, extrusion and battery foil, building more integrated and higher-value supply chains. During the past 5 years, the US and Canada in North America and China in Asia have been grabbing headlines pertaining to the aluminum industry. These updates have involved growth stories or have shed light on volatile market situations. How have these headlines contributed to a greater picture for the benefit of the aluminum industries of the two continents? Between 2021 and 2026, major projects across North America and Asia have targeted new primary capacity, lower-carbon production, recycled aluminum and higher-value downstream products. But the investment pattern is...
Grow with
AL Circle
The latest escalation in the US-Canada trade dispute is set to affect several industrial supply chains, including aluminium, CO2, cement, building materials and electronics. The US imposed 50 per cent tariffs on roughly USD 20 billion of Canadian goods on August 22, while Canada plans to retaliate with matching dollar-for-dollar tariffs from September 8. The move marks a dramatic reversal from the de-escalation a year ago, when Canada removed the majority of its retaliatory tariffs in September 2025. Aluminium is among the materials directly caught up in the dispute. US tariffs of up to 50 per cent on aluminium and steel are expected to raise packaging costs for the production of soda, sparkling water and other CO2-infused drinks, which relies on imported CO2 cylinders, aluminium cans and...
A Solomon Islands bauxite investigation has found that the government cannot independently verify the quality, quantity, value or payment trail for 33 Rennell Island bauxite shipments. The inquiry has uncovered years of missing, incomplete and unaccounted-for records linked to shipments exported by Asia Pacific Investment Development Ltd and Bintan Mining SI Ltd. Investigators have found gaps in consignment permits, customs files, payment records and approvals that would normally support mineral exports. Missing permits and payment records According to an update from the Attorney General’s Chambers, consignment-permit records for 2019, 2020 and 2021 are either missing or incomplete, despite bauxite exports continuing during that period. Investigators have located about 11 consignment...
What does a tonne of aluminium actually cost? The answer depends on where you are buying it. There is the price most of the market watches every day - the LME cash price. But a buyer waiting for aluminium to arrive at a Rotterdam warehouse, a US - Canada manufacturing plant or a Japanese port is dealing with something more complicated. The same primary metal can carry very different price tags once regional premiums, freight, tariffs and other costs enter the equation. That distinction became important in the first half of 2026. The LME cash aluminium price averaged USD 3,386 per tonne, compared with USD 2,538 per tonne in H1 2025, an increase of USD 848 per tonne, or 33.4 percent. But regional premiums moved very differently, meaning buyers in different parts of the world faced very...
The North American aluminium extrusion industry is taking a more coordinated approach to its growing skilled-labour challenge, with the Aluminum Extruders Council (AEC) developing formal skill training with apprenticeship programmes for maintenance technicians, aluminium extrusion press operators and die technicians. The initiative aims to help extrusion companies attract new talent, retain experienced workers and transfer specialised manufacturing knowledge as workforce shortages become an increasingly important constraint on industry growth. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report “The World of Aluminium Extrusions to 2035” AEC’s industry-wide approach to skills development The shortage of skilled workers has become a...
Mexico is seeking a trade agreement with the United States as relations between Washington and Ottawa deteriorate, with President Claudia Sheinbaum keeping her chief trade negotiator in the US capital to press for lower tariffs on Mexican exports. Sheinbaum said she was optimistic that Mexico could reach an agreement with US President Donald Trump, after US-Canada negotiations broke down and prompted a new round of tariffs and planned retaliation. Mexico keeps negotiations open Economy Minister Marcelo Ebrard will remain in Washington for several days to seek relief from US tariffs affecting Mexican steel, aluminium and vehicles. Mexico faces US duties of 50 per cent on steel and aluminium, while cars are subject to a 25 per cent tariff. Mexican officials are attempting to secure less...
Germany’s aluminium extrusion trade enters the second half of 2026 on firmer footing than a year ago, even as Europe's extrusion industry works through plant closures, elevated billet premiums and a shift toward low-carbon, value-added output. Quarterly trade data through Q2 2026, along with AL Circle’s recently updated “ The World of Aluminium Extrusions - Industry Forecast to 2035 ” and other reports on Germany’s aluminium extrusion market sizing, point to a market that is stabilising in volume but being rewritten in composition, with automotive lightweighting, EU carbon border rules, and energy-driven capacity rationalisation the dominant forces heading into H2 2026. Germany's Aluminium Extrusion Trade Pulse (Q2 2024-Q2 2026) Germany runs a large, structural trade deficit in basic...
Alumina exports from RUSAL’s Friguia refinery in Guinea have been halted after a train carrying the material derailed over the weekend, disrupting rail access to the plant and forcing production to slow, three sources told Reuters. The train, operated by Russian aluminium producer RUSAL RUAL.MM, derailed near Kagbelen in the Dubreka prefecture on Saturday evening. Four people were injured in the accident, and rail traffic was subsequently suspended, two company officials said. The disruption has affected both the movement of finished alumina and the delivery of supplies needed to keep the refinery operating. Fuel and caustic soda, among other production inputs, are transported by rail between the port and the refinery, a fourth source said. A senior official at the Friguia refinery said...
Sudarshan Chemical Industries Limited has entered into an agreement to acquire a manufacturing plant for aluminium dyes and chemicals in Muttenz, Switzerland, for CHF 7 million (USD 8.7 million) and inventory. The acquisition is expanding the company’s manufacturing footprint and position in the global aluminium dyes market. Sudarshan Switzerland SLO AG, formerly Heubach Colorants Switzerland AG, is Sudarshan’s step-down wholly-owned subsidiary that acquired the facility. It has entered into a definitive agreement for the sale and transfer of assets with Clariant Additives (Switzerland) AG. To know the aluminium casting demand forecast in the transportation sector, explore our report “Global Aluminium Casting Market 2026-2032: Plant Economics, Alloy Segmentation, Pricing Intelligence,...
Aluminium Stewardship Initiative (ASI) today announced that Chongqing Jiantao Aluminium Co., Ltd. has been certified against the ASI Performance Standard V3.1 (2023). The facility produces recycled aluminium alloys and aluminium castings for the automotive, motorcycle, general machinery and household appliance sectors, using processes including aluminium scrap melting, refining, filtration and degassing, with a total annual production capacity of approximately 280,000 tonnes. The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The ASI Performance Standard V3 and ASI CoC Standard V2 were launched in May 2022 following a multi-year...
According to customs data, China's exports of aluminium plate/sheet and strip (including aluminium plates, sheets, strips, and aluminium-plastic composite panels) reached 321,900 tonnes in July 2026. On a M-o-M basis, July exports fell 9.1 per cent from June's 354,000 tonnes, a decrease of about 32,100 tonnes, ending three consecutive months of growth. Exports rose 24 per cent YoY in July, and cumulative exports for January-July 2026 totalled 2.1113 million tonnes, up 19.5 per cent YoY. By product structure, aluminium alloy sheet dominated July's aluminium plate/sheet and strip exports. Among them, rectangular aluminium alloy sheet with thickness of 0.2-0.28mm (mainly can stock) had exports of 139,100 tonnes, accounting for 43.2 per cent of total July exports, but down 9.5 per cent M-o-M...
Mukesh Ambani owned Reliance Industries Limited (RIL) is evaluating an entry into India’s aluminium industry, potentially placing Mukesh Ambani’s conglomerate in competition with Gautam Adani’s Adani Enterprises as both groups expand into metals, bauxite and natural resources. The proposal remains at an exploratory stage, associated with Reliance’s plans for coal gasification, with the company considering metals production as a way to improve the commercial viability of the business. Reliance also showed interest in Odisha’s Karlapat bauxite block by purchasing its tender documents. To know the production, demand and consumption forecasts on bauxite and alumina, explore the report “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Reliance...
Maxion Structural Components, a key producer in the production of automotive structural components in the Americas, and Novelis, the world leader in aluminium rolling and recycling, jointly announce the development of an innovative battery housing solution for electric commercial vehicles. Developed from stamped rolled aluminium, using a new alloy specially created to meet this demand, the product—targeted at large vehicles such as buses and trucks—combines lightness, safety, and energy efficiency, offering a direct answer to the industry’s growing demand for more sustainable and high-performance technologies. For Novelis, the partnership marks an important and innovative step in diversifying and expanding the automotive market in Americas, a sector where the company already has a strong...
The US-Canada trade debate has taken a sharper turn after President Donald Trump warned of raising tariffs on Canadian cars, trucks and automotive parts to 50 per cent from January 1, 2027. The move could have significant implications for the deeply integrated North American automotive supply chain, where cross-border movement of vehicles, components and aluminium-intensive parts is central to production. With Canada preparing retaliatory measures, automakers and suppliers now face greater uncertainty over costs, sourcing and investment decisions. President Donald Trump announced the proposed tariff increase after US-Canada trade negotiations broke down. He also called on companies to manufacture in the US, stating, “Build in the US and there are ZERO TARIFFS.” To know the aluminium...
LME aluminium prices declined on August 24, while opening stocks remained unchanged. The LME aluminium cash bid price stood at USD 3,215 per tonne on August 24, down from USD 3,226.5 per tonne on August 21 , marking a decline of USD 11.5 per tonne. The cash offer price followed a similar trend. It fell to USD 3,215.5 per tonne from USD 3,227 per tonne, down 0.36 per cent. Both are down by 0.36 per cent. The LME aluminium 3-month bid price declined to USD 3,233 per tonne on August 24 from USD 3,242 per tonne on August 21, a decrease of 0.28 per cent. The 3-month offer price also fell by USD 9 per tonne, about 0.28 per cent, to USD 3,235 per tonne from USD 3,244 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to...
The most-traded SHFE aluminium 2610 contract closed at RMB 23,815 per tonne, up RMB 30 from yesterday's settlement price, an increase of 0.13 per cent. It opened at RMB 23,790 per tonne during the session, fluctuating in a range of RMB 23,780-23,940 per tonne. Prices traded above MA5 (23,712.00) and MA60 (23,624.75), and above the MA10 (23,881.00) and MA30 (23,633.50) moving averages. The medium and long-term moving averages showed a bearish arrangement, continuing to press down, forming a retreat-from-highs consolidation structure, with the 10-day moving average serving as a key resistance level above. The MACD indicator showed DIF (76.4894) below DEA (114.9911), with the MACD green bar at -77.0035, indicating that the momentum of bulls continued to weaken. The core trading range for...
Domestic alumina spot prices ran stable-to-soft last week, with sporadic deals holding at small discounts. On the supply side, domestic alumina operating capacity rose to around 99.4 million tonnes per year. No new curtailments or maintenance shutdowns were reported; instead, restarts progressed smoothly. A large Shanxi refinery that began feeding last week has gradually returned to full output, lifting regional running capacity by about 2.2 million tonnes per year. In Guangxi, one major refinery restored stable output at 10,000-11,000 tonnes per day after resuming production, while another Guangxi refinery still has one calciner under maintenance, scheduled to restart around Aug 24, 2026, with normal running capacity near 2.3 million tonnes per year. The price softness last week reflects...
P.A. Resources posted its strongest quarterly revenue and profit in the fourth quarter of FY26, giving the Malaysian aluminium extruder momentum to execute a MYR 100 million (USD 24.8 million) expansion plan and diversify beyond its core solar-sector business. Fourth-quarter revenue rose 25.2 per cent year on year to MYR 204.8 million (USD 50.8 million), from MYR 163.5 million (USD 40.5 million), as sales volumes increased in the group’s extrusion and fabrication segment. Profit before tax increased 140.0 per cent to MYR 22.7 million (USD 5.6 million), while profit after tax rose 200.2 per cent to MYR 18.0 million (USD 4.5 million). Record quarter lifts full-year results For FY26, P.A. Resources’ revenue rose 19.9 per cent to MYR 648.6 million (USD 160.7 million). Profit before tax...
Wetzel SA, through its wholly owned subsidiary Wetzel Investimentos e Participações, has acquired 100 per cent of Martinrea Honsel Brasil, strengthening its presence in aluminium automotive components. Based in Monte Mor, São Paulo, the acquired company specialises in high-complexity aluminium parts and components supplied to automotive system manufacturers and OEM assemblers. Martinrea Honsel Brasil will continue operating as a separate limited liability company under a new corporate name once the required corporate procedures are completed. To know the aluminium casting demand forecast in the transportation sector, explore our report “Global Aluminium Casting Market 2026-2032: Plant Economics, Alloy Segmentation, Pricing Intelligence, Supply Chain Analysis & Strategic Recommendations”...
