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...
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China is importing bauxite at a pace that raises a bigger question for the aluminium market: why are imports still climbing when the country is moving towards a 45-million-tonne primary aluminium production capacity cap? In H1 2026, China imported 121 million tonnes of bauxite, up from 103 million tonnes in H1 2025, a rise of 17.5 per cent. Imports were also well above the 77 million tonnes recorded in H1 2024, after rising 33.8 per cent between H1 2024 and H1 2025. If we see, quarter on quarter, China imported 58 million tonnes in Q1 2026, followed by 63 million tonnes in Q2, an increase of around 8.6 per cent. The quarterly numbers were also significantly higher than in previous years. China imported 47 million tonnes in Q1 and 56 million tonnes in Q2 2025, while imports in 2024 stood...
EUROBOND, the flagship brand of Euro Panel Products Limited, reported revenue from operations of INR 119.8 crore (USD 12.53 million) for the quarter ended June 30, 2026, up 14 per cent from INR 104.84 crore (USD 10.97 million) in the corresponding quarter a year earlier. The company said growth was supported by higher domestic sales and exports of its metal composite panels and architectural cladding products. Export revenue rose 15.78 per cent year on year, while domestic business increased 12.04 per cent. Profit before tax for the quarter stood at INR 6.79 crore (USD 710,710), while profit after tax reached INR 4.78 crore (USD 500,000) To know the aluminium casting demand forecast in the construction sector, explore our report "Global Aluminium Casting Market 2026-2032: Plant Economics,...
The future of Bell Bay Aluminium smelter in Tasmania remains dependent on the outcome of negotiations over its electricity supply agreement. Federal Industry Minister of Australia Tim Ayres has stopped short of committing federal funding similar to the support extended to the Tomago aluminium smelter in New South Wales. While Canberra has acknowledged the strategic importance of Bell Bay and its employment base, Ayres has stressed that the immediate priority is securing a commercially sustainable power agreement between Hydro Tasmania and Rio Tinto. 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 ” Bell Bay faces a different challenge from...
China is helping cushion Western aluminium markets after production losses in the Gulf caused by the Iran conflict. Yet the export surge could come with a longer-term cost: more aluminium processing activity may shift from Western manufacturers to Chinese producers. China, the world’s largest aluminium producer, has increased exports of primary metal, alloy and semi-finished aluminium products as Western supply chains adjust to reduced Gulf output. The additional material has helped reduce the market’s immediate supply stress. Alloy and semis drive exports China’s export pattern is strongly shaped by its tax system. Primary aluminium exports face a 30 per cent tax, while aluminium alloy and semi-finished products, known as semis, can be exported at a zero tax rate. As a result, much of...
A women’s shelter in New South Wales has reportedly received an extraordinary financial boost after the Australian Government allegedly mistook it for an aluminium smelter. According to the humorous report, the government had recently approved AUD 2.5 billion (USD 1.76 billion) in taxpayer support for Rio Tinto’s Tomago aluminium smelter near Newcastle. When a women’s shelter later applied for AUD 2,500 (USD 1,760) in assistance, officials supposedly confused the two applications. The mix-up turned a modest request for support into a multibillion-dollar package because apparently, the difference between a shelter and a smelter is just one letter and several billion dollars. A very expensive misunderstanding In the report, Prime Minister Anthony Albanese explains that the wording of the...
New IAI data show that closing the can-to-can loop, not simply collecting more cans, will decide whether the industry produces 207 billion or 685 billion recycled cans by 2050. A Six Sigma study from Kentucky, co-authored nearly two decades ago by Dr Subodh K. Das, offers a strikingly relevant blueprint for treating every unrecycled can as a preventable process defect. Aluminium's most-quoted recycling statistic keeps getting bigger, but a new analysis from the International Aluminium Institute (IAI) suggests that scale alone will not decide how much of that metal comes back as new cans. According to the IAI’s September 2025 factsheet, "Can-to-Can Recycling: Performance, Potential and Pathways," the industry currently puts around 420 billion aluminium beverage cans on the market every...
Ardagh Holdings, the controlling shareholder of Ardagh Metal Packaging (AMP), is preparing for a possible sale of the beverage can maker, according to a filing with the US Securities and Exchange Commission (SEC). Ardagh Holdings has instructed advisers to explore a potential transaction that could involve selling some or all of its indirectly held stake in AMP to a third-party buyer. Another option would be for Ardagh Holdings to acquire the AMP shares it does not currently own and then sell the entire company to a third party. To learn the future of aluminium in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " A sale could also increase AMP's operating costs. The company currently receives administrative, corporate and other...
Aluminium foil is likely to appear in day-to-day usage, but have you imagined aluminium foil in curated artwork? Brooklyn-born self-taught artist Dean Millien has transformed everyday aluminium foil into a distinctive body of animal sculptures, carrying a childhood fascination with handmade toys into the contemporary art world. His work, recently featured in MoMA PS1’s Greater New York , showcases a decades-long practice built around foil, scrap materials, popular culture and an enduring fascination with animals. Millien’s journey began in childhood, dominated by toys and television. Born in Brooklyn in 1972, he began creating his own toys after his father discarded his collection. What started with sponges and paper gradually evolved into sculptures made from aluminium foil, a material...
Norsk Hydro’s energy arm Hydro Energi AS has signed an 18-month hybrid power purchase agreement (PPA) with Varberg Energi, combining wind power, solar power and energy storage to deliver a more stable renewable electricity supply for industrial consumption. The agreement covers 10 GWh of electricity in Sweden’s SE3 bidding zone, with deliveries already underway from July 2026. The pilot is designed to test how different renewable energy sources and storage technologies can be combined to address the intermittency of renewable power while maintaining a competitive and sustainable electricity supply for industry. Hydro tests hybrid renewable power supply model Under the pilot agreement, Varberg Energi will supply Norsk Hydro with electricity generated from its own wind and solar assets,...
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium producer benefited from higher electrolytic aluminium selling prices, lower production costs supported by a greater share of green electricity, and reduced finance costs, while its aluminium and alumina businesses delivered stronger profitability during the six months ended June 30, 2026. Financial snapshot: H1 2026 vs H1 2025 Comparing the financial metrics recorded in H1 2026 with those in H1 2025, the Y-o-Y improvement chart looks like this: Revenue – RMB 11.53 billion (USD 1.71 billion), up...
Aluminium’s return to backwardation on the London Metal Exchange (LME) is pointing to tighter near-term physical supply, as stocks continue to fall and production outside China declines. The market is increasingly focused on the availability of aluminium for immediate delivery rather than headline inventory levels. According to Natalie Scott-Gray, senior metals analyst at StoneX in London, LME aluminium stocks outside China are 95 per cent Russian-origin material. This means the headline stock figure does not necessarily reflect the amount of metal that Western buyers can readily access. This is because physical buyers in the US and Europe are prohibited from using this Russian aluminium, while many buyers in Asia are also choosing not to purchase it. To know the production, demand and...
Kaiser Aluminum Corporation has appointed Fred Stephan as its new Chief Executive Officer and President, replacing Keith A. Harvey, effective November 1, 2026. Stephan, 61, will also join Kaiser Aluminum's Board of Directors, increasing the board from nine to 10 members. His initial annual base salary will be USD 1.15 million, according to the company’s latest filing. His remuneration also includes a USD 3.8 million long-term incentive restricted stock unit (RSU) grant for 2026, along with a USD 2 million sign-on RSU grant. Stephan will also have an annual short-term cash incentive target of USD 1.44 million. From 2027, his long-term incentive target will be USD 4.43 million, with about half of the awards tied to performance. To know the production, demand and consumption forecasts of...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,015 per tonne in the night session on August 17, with a high of RMB 24,015 per tonne and a low of RMB 23,870 per tonne, and settled at RMB 23,935 per tonne, down 0.33 per cent from the previous close. Prices rebounded to test the MA5 and MA10, and then pulled back under pressure, consolidating and closing with a small bearish candlestick. The MA20 formed short-term resistance, while the MA40 and MA60 provided support below. During the session, open interest fell sharply, indicating long liquidation. Technically, the 4-hour MACD maintained a bearish crossover, with the green histogram expanding, and bears dominating in the short term. LME aluminium opened at USD 3,245 per tonne on August 17, with a high of USD 3,286 per...
LME aluminium prices moved higher on August 17 compared with August 14, while opening stocks declined marginally and cancelled warrants fell sharply. The LME alumina Platts price remained unchanged during the period. The LME aluminium cash bid price stood at USD 3,271 per tonne on August 17, up from USD 3,247 per tonne on August 14, marking an increase of 0.74 per cent. The cash offer price rose to USD 3,272 per tonne from USD 3,248 per tonne, also gaining 0.74 per cent. In the 3-month contract, the LME aluminium bid price increased to USD 3,270 per tonne on August 17 from USD 3,244 per tonne on August 14, up 0.80 per cent. The 3-month offer price also climbed to USD 3,272 per tonne from USD 3,246 per tonne, an increase of 0.80 per cent. The December 27 bid price stood at USD 3,190 per...
In July, SHFE aluminium traced a bottoming-out-and-rebounding path with a choppy upward bias. The settlement price of the most-traded aluminium contract climbed steadily from around RMB 22,500 per tonne in early July and gained RMB 1,110 per tonne, up roughly 4.9 per cent, by month-end. Even though July is a traditional off-season, China's aluminium plate, strip, and foil sector ran broadly stable. Weekly output eased modestly but held at about 390,000 tonnes, with operating rates staying in the 70 per cent-71 per cent range. Finished goods inventories first fell and then rose, with a late-July drawdown followed by a slight rebuild in early August. Mysteel's survey of 130 sampled aluminium plate, strip, and foil producers shows weekly output slipping from 393,170 tonnes in early July to...
Low-carbon aluminium is becoming an increasingly important product category as manufacturers look to reduce the embodied emissions of their aluminium supply chains. Norway is a low-carbon aluminium hub because its smelters are powered largely by renewable hydropower, enabling producers such as Norsk Hydro and Alcoa to manufacture certified low-carbon aluminium products including Hydro REDUXA, Hydro CIRCAL, EcoLum™ and EcoDura™. Some of the low-carbon products for the applications, used by Hydro and Alcoa, are 6000-series billets for extrusion, A356/AlSi7Mg and ADC12 for castings, 1xxx and 6xxx-series wire rods for conductors, and 3xxx/5xxx-series ingots for rolled sheet and packaging. These have accordingly been specified below: Against this backdrop, the following companies and...
Toyota has opened up the GR GT’s chassis, and the most interesting part may be what happens if owners push the supercar too far on a racetrack. The GR GT is Toyota’s first vehicle with an all-aluminium body frame. It uses nine large aluminium castings connected to aluminium tubes and extrusions, creating a structure designed to be light, strong and rigid. The chassis was shown alongside the GR GT3 racing car at the 2026 Rolex Monterey Motorsports Reunion, giving spectators a rare look at the cars’ underlying structure. Why the chassis matters Most people notice a supercar’s shape, engine or badge first. But the chassis determines how the car behaves when it accelerates, turns and brakes. Toyota’s GR GT chassis uses large aluminium castings in important parts of the structure. These are...
Detroit automakers are preparing to argue to the Trump administration that proposed changes to the North American trade deal could add billions of dollars in annual costs and weaken their competitiveness against foreign rivals. US car companies are already absorbing tariffs on steel, aluminium, vehicle parts and vehicles imported from Mexico and Canada. Executives now fear that Washington’s proposals for the revised trade agreement could increase those costs further ahead of talks with Mexican officials next month. One of the most contentious proposals would require vehicles to contain at least 50 per cent US-made content to qualify for lower tariffs. Washington is also considering raising the overall North American vehicle-content requirement from the current 75 per cent level. Estimates...
