In the first half (H1) of 2026, the US imported a total of 1.68 million metric tons of unwrought aluminum (HSN code: 7601), of which 16.96% was sourced from the United Arab Emirates (UAE). How has H1 2026 fared for the momentum of unwrought aluminum exports from the UAE to the US? Year-on-year cooling in trade can be noticed, largely owing to the temporary shutdown of the Emirates Global Aluminium’s (EGA’s) Al Taweelah smelter for repair and maintenance. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” H1 aluminum trade snapshot: 2026 vs 2025 vs 2024 Comparing the H1 2026 figures of unwrought aluminum exported by the UAE to the US, a mixed result...
Norsk Hydro’s earnings outlook for 2027 is facing mounting pressure from falling aluminium premiums, rising operating costs and easing supply tightness in Europe, prompting Goldman Sachs to downgrade the Norwegian producer from ‘buy’ to ‘neutral’ and reduce its price target from NOK 100 (USD 10.71) to NOK 79 (USD 8.46). Goldman said weaker premiums and higher costs were making further earnings growth harder to achieve in 2027. The bank also lowered its core earnings (EBITDA) forecasts for 2026 and 2027 by 6 per cent each, citing lower aluminium prices and rising costs. The changing market conditions come as additional metal from the Middle East reaches the market and Indonesian aluminium supply expands faster than expected, easing European supply constraints sooner than Goldman had...
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Aluminium was Saudi Arabian Mining Co. (Maaden)'s best-performing business in Q2 2026, with revenue rising 49 per cent to USD 1.01 billion and EBITDA more than doubling to USD 411 million. This helped push the company’s total quarterly revenue up 16 per cent to USD 2.9 billion. For the quarter ended June 30, 2026, Maaden posted EBITDA of USD 1 billion, up 3 per cent from a year earlier, while net profit attributable to shareholders increased to USD 600 million. The aluminium business delivered its best quarterly financial performance since operations began, recording an EBITDA margin of 41 per cent. Average realised aluminium prices increased 51 per cent year-on-year to USD 3,915 per tonne, supported by strong regional premiums. Aluminium production, however, eased slightly to 242,000...
China accounted for nearly half of the world’s aluminium dross generation, underlining the scale of its primary aluminium production, secondary aluminium recycling and downstream processing industries. In 2025, the country generated approximately 2.75 million tonnes of aluminium dross, representing 47 per cent of the global total of 5.86 million tonnes Aluminium dross is an inevitable by-product of aluminium melting, smelting, alloying, casting and recycling. When molten aluminium comes into contact with atmospheric oxygen, a surface layer forms. This layer contains aluminium oxides, entrapped metallic aluminium, nitrides, carbides, chlorides, fluorides and other impurities and is commonly known as aluminium dross. The quantity and composition of dross can vary depending on the furnace...
MCX aluminium prices are entering the second half of August with supply-side risks once again becoming a key market driver. ICICI Direct expects the August aluminium futures contract to find support near INR 344 per kg and move towards INR 356 per kg. Aluminium has been through a sharp correction-and-recovery cycle in 2026. After touching around INR 393 per kg (USD 4.12 per kg) on MCX in early June, prices fell towards INR 330 (USD 3.46) per kg before recovering. MCX aluminium finds support as global supply remains vulnerable Global primary aluminium production reached 5.98 million tonnes in June 2026, according to the International Aluminium Institute (IAI), with China accounting for an estimated 3.712 million tonnes. China therefore remained by far the world's largest source of primary...
National Aluminium Company Limited (NALCO) has submitted its Business Responsibility and Sustainability Report (BRSR) for FY2025-26 to the stock exchanges. The document forms part of the company's Annual Report for the financial year. The filing was made in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. TÜV SÜD South Asia Pvt. Ltd. independently verified NALCO's sustainability disclosures. This was carried out between June 30 and July 20, 2026. 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 " Based on the assessment and evidence collected, TÜV SÜD concluded a reasonable level of assurance on the...
LME aluminium prices strengthened on August 10 compared with August 7, with both cash and three-month prices moving higher. The rise came alongside a decline in exchange stocks, while cancelled warrants also fell. The LME aluminium cash bid price increased to USD 3,327 per tonne on August 10 from USD 3,279 per tonne on August 7, marking a rise of USD 48 per tonne, or 1.46 per cent. The cash offer price also rose to USD 3,327.5 per tonne from USD 3,279.5 per tonne, up 1.46 per cent. The three-month bid price climbed to USD 3,320 per tonne from USD 3,279 per tonne, an increase of USD 41 per tonne, or 1.25 per cent. Meanwhile, the three-month offer price increased to USD 3,320.5 per tonne from USD 3,280 per tonne, gaining 1.23 per cent. Further along the forward curve, the December 2027 bid...
Hindalco Industries expects aluminium prices to remain firm at around USD 3,200–3,400 per tonne during the rest of 2026, supported by supply disruptions in the Middle East that continue to keep the global market tight. Managing Director Satish Pai said the company expects its upstream aluminium EBITDA per tonne to remain close to USD 2,000 for the remainder of the year. He added that downstream aluminium volumes are expected to improve over the coming quarters as recently commissioned rolling and extrusion projects continue to ramp up. Aluminium business delivers record quarter Hindalco's upstream aluminium business reported a record EBITDA of INR 74 billion (USD 775 million) in the April-June quarter of FY27, compared with INR 41 billion (USD 428 million) a year earlier. EBITDA per tonne...
Aluminium recycler and aluminium alloy producer Baheti Recycling Industries Limited (NSE: BAHETI) has begun FY2027 strong, with its revenues for the first quarter of the financial year of 2027 (Q1 FY27) rising 88.9 per cent year-on-year to INR 2.54 billion (USD 26.6 million). The performance was propelled by sustained demand in its core aluminium recycling businesses, improved product mix and consistent execution. Baheti Recycling recorded net total revenue of INR 2.54 billion (USD 26.6 million) in Q1 FY27, compared with INR 1.34 billion (USD 14.09 million) in Q1 FY26, translating into an 88.9 per cent Y-o-Y increase. The sharp jump is a major improvement in the company’s top line at the beginning of the new financial year. To know the aluminium casting demand forecast in the construction...
Koemmerling has launched its Allure S46 aluminium minimal sliding door system in India, designed to give modern homes and commercial spaces larger glass openings, slimmer sightlines and a cleaner connection between indoor and outdoor areas. What if your sliding door could give you more glass and less visible framing? That is the idea behind Koemmerling's new Allure S46 aluminium sliding door system, which has been introduced in India alongside the company's new experience centre in CBD Belapur, Navi Mumbai. The system is designed for contemporary residential and commercial projects where large glazed openings, minimalist designs and seamless indoor-outdoor transitions are increasingly important. More glass, slimmer sightlines The Allure S46 is a non-thermal aluminium minimal sliding door...
Kaiser Aluminum reported a sharp increase in quarterly revenue and earnings, while institutional investors continued to adjust their positions in the aluminium producer, highlighting a mixed picture around the company. Kaiser Aluminum Corporation has posted a strong quarterly performance, with revenue climbing 52.7 per cent year-on-year to USD 1.26 billion and earnings per share (EPS) reaching USD 5.53, more than double the consensus estimate of USD 2.66. The results put Kaiser Aluminum's underlying business performance in the spotlight even as some institutional investors have been changing their holdings in the company. Strong earnings put Kaiser Aluminum in focus The company's latest figures point to a significant improvement in quarterly performance. Kaiser Aluminum reported USD 5.53...
Maxion Wheels is taking a different approach to protecting forged aluminium truck wheels, introducing a new ceramic surface treatment designed to keep corrosion, road grime and other contaminants at bay while making the wheels easier to clean. The new technology, called Maxion C-GUARD, is being introduced alongside Maxion's latest range of forged aluminium truck wheels. The company says the treatment can provide long-term protection against the harsh conditions wheels face on the road, from brake dust and road salt to grease, mud and chemicals. For truck operators, that could mean a fairly simple benefit: less time spent cleaning and maintaining the wheels. A tougher surface for forged aluminium wheels Maxion C-GUARD is a proprietary ceramic surface treatment designed to form a permanent...
The US Government is putting US$85.5 million into Guyana's bauxite industry as Washington seeks to diversify its refractory-grade bauxite supply and reduce reliance on China and Chinese-owned sources. The investment could also strengthen Guyana's position in a strategically important segment of the global bauxite market. The funding, announced by the US Department of War on August 7, will support the acquisition and expansion of the First Bauxite mine in Guyana as part of a planned vertically integrated supply chain for refractory-grade bauxite. The US$85.5 million equity investment is being provided through the Department of War's Industrial Base Analysis and Sustainment (IBAS) programme. A further US$64.5 million in private-sector funding will bring the total investment committed under...
US aluminium buyers are bearing much of the cost of the country’s 50 per cent tariff on imported aluminium, according to Canadian Prime Minister Mark Carney, who sees the resulting price pressure as a potential opening for a wider trade agreement between Canada and the US. Speaking to reporters outside a Rio Tinto aluminium facility in Quebec, Carney told US aluminium prices have risen sharply since the tariff was introduced in June 2025. The US aluminium producer price index increased 52 per cent between June 2025 and June 2026, he said. “Some of that is international prices, but most of that is pass-through of the tariff,” Carney said. “That’s not a good situation for American companies.” Aluminium becomes a key point in trade talks For Canada, the impact of higher US aluminium prices...
As the US Section 232 aluminium tariff framework issued by Donald Trump absorbs the import of aluminium downstream, semi-finished products and finished goods, it is expected to remove the original loopholes leading in the tariff wall. The point is straightforward: protecting primary metal alone does not necessarily protect the manufacturers that convert it into extrusions, rolled products, tubes and other value-added goods. A tariff wall around downstream products is therefore being presented as a way to prevent imported finished goods from gaining a cost advantage over US manufacturers that already face elevated domestic aluminium costs. The Coalition for a Prosperous America (CPA) opines that the imbalance between declining primary aluminium imports and rising downstream aluminium...
UK-based Eqonic Group has confirmed that aluminium will be the core material used in its next-generation battery technology. The company is moving towards industrial validation and commercial production. Its battery technology does not use lithium, sodium or rare earth materials and is designed to reduce material costs to around 30 per cent of those associated with conventional lithium-metal batteries. Eqonic is now preparing for industrial-scale testing to demonstrate the manufacturability, performance and reliability of the technology before commercial deployment. To know the production, demand and consumption forecasts of aluminium casting, explore our report " Global Aluminium Casting Market 2026-2032: Plant Economics, Alloy Segmentation, Pricing Intelligence, Supply Chain Analysis &...
As industries worldwide accelerate lightweighting, electrification, automation and infrastructure investment, aluminium casting is entering a new phase of growth. Demand is rising across applications where weight, durability, thermal performance and design flexibility matter, from EV battery enclosures and structural components to industrial machinery and electrical equipment. Owing to this, AL Circle’s latest report, “ Global Aluminium Casting Market 2026-2032 ” highlights that the global aluminium casting consumption is forecast to grow at a CAGR of nearly 3.4 per cent between 2025 and 2032. While automotive and transportation will remain the primary demand engine, expanding applications across industrial machinery, electrical and electronics, and construction are expected to broaden...
Ford's first-half 2026 results raise an interesting question: how did the automaker almost double adjusted EBIT when revenue grew by less than 1 per cent? The answer lies less in selling more vehicles and more in what Ford sold, how it priced them and where it managed to reduce losses. At the same time, the company faced lower wholesale volumes, aluminium supply constraints and a sharp decline in cash generation. Revenue barely moves, but earnings tell a different story Ford's total revenue increased to USD 91.549 billion in H1 2026, from USD 90.843 billion a year earlier, up just 0.8 per cent. Yet the bottom line moved much more sharply. Net income increased to USD 1.229 billion from USD 0. 444 billion, a rise of 176.8 per cent. Adjusted EBIT climbed to USD 6.0 billion from USD 3.159...
Guinea has signed a new mining agreement with state-owned Nimba Mining Company. This is to restart operations at the former Guinea Alumina Corporation (GAC) bauxite mine and move forward with plans to build an alumina refinery. The agreement, announced by the Guinean presidency on August 3, marks the next stage in the government's plan to revive the bauxite project after withdrawing the mining concession from Guinea Alumina Corporation (GAC). Nimba Mining Company was established in August 2025 to take over the project. The Guinean government revoked GAC's concession after the company failed to build the alumina refinery it had committed to as part of an earlier agreement. GAC had received tax exemptions in return for constructing the refinery, according to the authorities. To know the...
A bauxite and marl mining project in Gujarat's Devbhumi Dwarka district has been recommended for environmental clearance by the Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change at its meeting on July 29, subject to several conditions. The site is close to India's first marine wildlife sanctuary and marine national park. The proposed mine at Mevasa Block will cover more than five hectares and is located around 1.6 kilometres from the Marine Wildlife Sanctuary and about six kilometres from the Marine National Park along the southern shore of the Gulf of Kachchh. This raises questions about its environmental impact on the ecosystem. To know the production, demand and consumption forecasts of bauxite and alumina, explore the report " Global Bauxite &...
