Press Metal Aluminium Holdings Bhd is expected to face weaker smelting margins in the second half of 2026 as aluminium supply constraints ease, input costs rise and market sentiment shifts towards a potential surplus in 2027, according to Hong Leong Investment Bank (HLIB) Research. “The narrative now is increasingly shifting to a potential surplus in 2027. Coupled with falling Japan-Port (MJP) premium and rising alumina as well as carbon anode costs, we foresee sequentially weaker smelting margins in 2H2026,” the research house said in a note on Monday. HLIB Research estimates that Press Metal’s core earnings for the third quarter of 2026 will range between MYR 600 million (USD 146.85 million) and MYR 650 million (USD 159.09 million), representing a decline of 10 per cent to 17 per cent...
South Asia’s beverage-can manufacturing capacity continues to expand, with Bangladesh preparing to enter the industry through a USD 100 million aluminium beverage can plant while new and expanded facilities advance across India, Pakistan and Afghanistan. However, the planned Bangladeshi project still faces a key infrastructure hurdle: securing a gas connection before production begins. Chinese-owned Alu Hi-Tech Industries Ltd is developing Bangladesh’s first aluminium beverage can plant at Kaliakoir Hi-Tech Park in Gazipur, north of Dhaka. The facility is designed to produce around 1 billion cans annually, with approximately 90 per cent of its output earmarked for export markets. The company registered with the hi-tech park in 2024, when work on the project began. Construction has...
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Luxury yacht buyers looking for speed, style and outdoor living have a new option on the market as Ikonic Yachts lists the 2019 Vanquish VQ58 IMPULSIVE, an open-air aluminium yacht that combines lightweight construction with high-performance cruising and premium comfort. Listed for USD 1.79 million, the 58-foot IMPULSIVE has been designed to deliver the experience of an open sports yacht while offering the comfort needed for extended weekend escapes. Aluminium design meets performance on the water At the heart of the yacht is a hand-crafted aluminium hull, chosen for its combination of strength, durability and lighter weight compared with many conventional yacht materials. The vessel features a custom metallic paint finish, a 16-foot-10-inch beam and a shallow two-foot-nine-inch draft,...
Brazilian low-carbon aluminium producer Companhia Brasileira de Alumínio (CBA) posted its best-ever quarterly result in the second quarter (Q2) of 2026, driven by record London Metal Exchange (LME) aluminium prices, increased sales volumes, better product mix and continued operational efficiencies. CBA noted that it was back in profit, with revenue and EBITDA both registering huge year-on-year gains, highlighting the company’s recovery propelled by favourable market conditions. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Financial highlights: Q2 2026 vs Q2 2025 Compared with the Q2 2025, CBA reported significant year-on-year improvements across nearly all key...
The U.S. Department of Commerce has expanded its anti-circumvention enforcement by launching new inquiries into disposable aluminium containers, pans, trays and lids assembled in Indonesia and Malaysia using Chinese-origin aluminium foil. The country-wide investigations, initiated on August 6, 2026, are the latest step in Commerce's efforts to examine whether Chinese products are being routed through third countries to avoid U.S. antidumping and countervailing duties. The inquiries were launched after the Aluminum Foil Container Manufacturers Association (AFCMA), together with member companies Reynolds Consumer Products, Durable Packaging International and D&W Fine Pack, filed circumvention allegations on July 1. After reviewing supplemental information submitted by the petitioners,...
The Canada Border Services Agency (CBSA) has expanded its trade compliance priorities to include closer scrutiny of aluminium imports and tariff classification claims, signalling increased verification of importers seeking relief under Canada's steel and aluminium surtax framework. The updated compliance priorities, released in July 2026, introduce new verification measures covering steel derivative goods, Chapter 99 tariff classifications and trade agreement compliance, while retaining several existing customs and origin verification programmes. CBSA increases scrutiny of aluminium surtax exemptions Among the new priorities is enhanced verification of importers claiming exemptions from Canada's steel and aluminium surtaxes by classifying goods under Chapter 99 of the Customs Tariff. The...
From a Hong Kong-backed plant in Vietnam to Malaysia's largest extrusion expansion in years and Indonesia's biggest extrusion press, Southeast Asia is witnessing a wave of aluminium extrusion investments. Although these projects span different countries, companies and end markets, they all point in the same direction: manufacturers increasingly see the region as the next major hub for downstream aluminium production. The region's growing importance is also reflected in its market outlook. The extruded aluminium profiles market was valued at approximately USD 4.54 billion in 2024 and is forecast to reach USD 6.86 billion by 2032, expanding at a CAGR of 8.47 per cent as per various industry sources. But now the question is: what is making Southeast Asia the preferred destination for...
India-based auto component manufacturer ASK Automotive Limited's first-quarter FY2027 performance offers a telling example of how elevated aluminium alloy prices can simultaneously inflate revenues and squeeze margins across the automotive component value chain. Despite the commodity-price pressure, the company emerged from the quarter with record revenue, EBITDA and profit after tax (PAT). Major numbers reaffirming the performance include total income of INR 13.61 billion, up 52.1 per cent year-on-year, EBITDA of INR 1.64 billion compared with INR 1.23 billion a year earlier, and PAT of INR 850 million, representing an increase of 28.8 per cent. Earnings per share consequently improved to INR 4.32 from INR 3.35 in Q1 FY2026. Business momentum remained strong even after stripping out the...
TDK has expanded its aluminium electrolytic capacitor portfolio with new 125 V-rated components and upgraded existing 63 V products to support higher-voltage electric mobility and industrial applications. The company introduced 125 V versions of its B43693/B43793 axial-lead and soldering star aluminium electrolytic capacitor series, while upgrading the 63 V range of its B41687/B41787 series. The capacitors are designed for DC-link capacitor banks used in systems operating between 48 V and 120 V, including small electric vehicles, micromobility platforms, forklifts, electric boats and humanoid robots. The B43693/B43793 series covers voltage ratings from 125 V to 250 V, offers capacitance between 56 µF and 650 µF, and supports ripple currents of up to 21.6 A. The components operate at...
A Pentagon-led simulation has brought fresh attention to the US’ dependence on imported high-purity aluminium, a critical raw material used in military aircraft, armoured vehicles and other defence applications. Conducted months before recent disruptions spurred by the Middle East conflict, the exercise had the US aluminium supply chain in focus. It examined how the US aluminium supply chain would respond during a major geopolitical conflict and identified high-purity aluminium as one of the most exposed segments of the country’s defence industrial base. The findings have gained renewed relevance following the Iranian missile attacks on the aluminium facilities of Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba) in the Middle East or Gulf region on March 28, 2026. Although...
The US has added 43 Chinese companies, including several aluminium producers, to its forced labour entity list, increasing pressure on automakers to review their aluminium supply chains. The companies were added under the Uyghur Forced Labour Prevention Act (UFLPA). This US law presumes goods produced by listed entities are linked to forced labour in China's Xinjiang region. They are therefore prohibited from entering the US. The list includes five major aluminium producers based in Xinjiang, highlighting growing scrutiny of the aluminium sector. To know the aluminium casting demand forecast in the transporation sector, explore our report " Global Aluminium Casting Market 2026-2032: Plant Economics, Alloy Segmentation, Pricing Intelligence, Supply Chain Analysis & Strategic...
The London Metal Exchange (LME) aluminium market witnessed a mixed performance on August 5, with spot and three-month prices declining while longer-dated contracts and the Asian Reference Price strengthened. LME aluminium cash bid and offer prices fell by 1.3 per cent day-on-day. The cash bid slipped from USD 3,270 per tonne to USD 3,228.5 per tonne, while the offer eased from USD 3,271 per tonne to USD 3,229 per tonne. On August 5, the LME aluminium three-month bid price edged down by 0.22 per cent to USD 3,229 per tonne from USD 3,236 per tonne on August 4 . The offer price also declined by 0.22 per cent, falling to USD 3,229.5 per tonne from USD 3,236.5 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036:...
London Metal Exchange (LME) aluminium prices extended their rally on August 5, climbing above the USD 3,200 per tonne mark as renewed optimism over US-Iran peace talks improved market sentiment and eased concerns over global energy supplies and trade disruptions. Three-month LME aluminium futures rose 1.3 per cent to USD 3,263.50 per tonne, outperforming the previous session as hopes of a diplomatic breakthrough between the United States and Iran weighed on oil prices and weakened the U.S. dollar. A weaker dollar typically supports metals priced in the currency by making them more attractive to international buyers, while easing geopolitical tensions also improved broader investor confidence across commodity markets. Aluminium strengthens as weaker dollar boosts market sentiment According...
Hindalco subsidiary Novelis has expanded its aluminium rolling and recycling footprint through the continued commissioning of its Bay Minette greenfield site in Alabama and the restart of its Oswego hot mill in New York . The twin milestones propelled the company’s performance in the first quarter of fiscal year 2027 (Q1 FY2027), backed by higher aluminium prices, operational efficiencies and steady demand for sustainable aluminium solutions. Steve Fisher, President and CEO of Novelis, said, "We are pleased to start the new fiscal year on a positive note, supported by strong execution, favourable market trends and continued demand for sustainable aluminium solutions." Unlock in-depth insights into the extrusion segment of the global aluminium industry with The World of Aluminium...
Aluminium recovered from old vehicles, windows, doors and electrical cables is being given a new life inside General Motors' latest electric vehicle, as Hydro's high-recycled Hydro CIRCAL alloy becomes part of the structural front bumper system of the Cadillac OPTIQ. The collaboration marks one of the first uses of high-recycled aluminium in a safety-critical automotive application in the United States. Hydro will supply Hydro CIRCAL, an advanced aluminium alloy containing at least 75 per cent post-consumer scrap, from its recycling facility in Cassopolis, Michigan. Automotive supplier Shape Corp. will manufacture and assemble the front bumper system to General Motors' specifications before it is integrated into the Cadillac OPTIQ electric vehicle. "By bringing recycled aluminium back...
UK battery technology company EQONIC Group has confirmed aluminium as the core material behind its proprietary battery technology, marking a significant step as the company moves towards industrial-scale validation of a lithium-free, sodium-free and rare earth-free energy storage system. EQONIC said its aluminium-based battery technology is now progressing from laboratory development to industrial validation, where it will undergo large-scale testing to assess manufacturability, performance and reliability ahead of commercial deployment. According to the company, the proprietary battery architecture targets manufacturing costs of around 30 per cent of conventional lithium metal batteries, with a long-term production cost target of GBP 50 (USD 67.40) per kWh. Aluminium positioned as an...
Global fuel markets have become significantly tighter than crude oil markets as refining capacity, rather than crude supply, emerges as the primary constraint following the Middle East conflict, driving refining margins to record highs and boosting earnings for the world's largest oil companies. While crude oil flows have faced disruption through the Strait of Hormuz during the Iran conflict, analysts said shortages of refined products such as diesel, gasoline and jet fuel have become more acute, creating one of the strongest refining markets since Russia's invasion of Ukraine in 2022. The tightening fuel market has benefited major refiners including Shell, TotalEnergies, ExxonMobil and Chevron, all of which reported some of their strongest quarterly earnings in recent years, supported by...
Indonesia has resumed exports of minerals containing rare earth element (REE) byproducts, providing relief to exporters of alumina, bauxite, copper cathodes and nickel products after shipment delays caused by mandatory inspections for rare earth content. The Indonesian government said exports of minerals containing trace amounts of rare earth elements can proceed while it prepares new regulations governing acceptable concentration limits and export procedures. Presidential Chief of Staff Dudung Abdurachman said the restriction applies only to rare earth elements exported as a primary product and does not automatically extend to trace rare earth content found as byproducts in other mineral exports. "Exporting rare earth elements as a primary product is indeed prohibited. It does not...
A cold beer in a glass bottle, sparkling water in a PET bottle and an energy drink in a sleek aluminium can may occupy the same refrigerator shelf. From a sustainability standpoint, however, they are playing three very different games. The global beverage packaging industry expands while simultaneously being pushed towards lower carbon emissions, higher recycled content and better packaging circularity. Estimates compiled for this analysis place the broader global beverage packaging market at USD 157.7 billion in 2023, with the market projected to reach USD 222.1 billion by 2030 at a compound annual growth rate (CAGR) of 5 per cent. Alternative methodologies put the market at USD 184 billion in 2025 and USD 283.7 billion by 2034. Whichever methodology is used, one thing is clear that...
Aluminium Bahrain B.S.C. (Alba) reported sharply higher earnings for the first half of 2026, supported by stronger aluminium prices despite production curtailments and supply chain disruptions during the second quarter. The Bahrain-based aluminium producer posted a profit attributable to equity holders of BHD 140.2 million (USD 372.8 million) for the six months ended June 30, 2026, compared with BHD 42.7 million (USD 113.5 million) in the corresponding period of 2025, representing a 228 per cent year-on-year increase. Basic and diluted earnings per share rose to 99 fils from 30 fils in H1 2025, while total comprehensive income climbed 264 per cent to BHD 140.6 million (USD 374 million) from BHD 38.6 million (USD 102.8 million) a year earlier. For the second quarter alone, profit...
