
Shyam Sel and Power Ltd, a wholly-owned subsidiary of Shyam Metalics and Energy Ltd, has received approval from the National Company Law Tribunal (NCLT), Kolkata Bench, to merge Shree Venkateshwara Electrocast Pvt Ltd into its operations, effective April 1, 2024. According to a company statement, the tribunal approved the scheme of amalgamation through an order dated October 16, 2026. The merger is intended to bring aluminium foil operations under a single entity, allowing the company to streamline manufacturing and marketing activities while improving operational efficiency and working capital management. Merger to consolidate aluminium foil operations The merger will transfer the business of Shree Venkateshwara Electrocast to Shyam Sel and Power, consolidating the two entities'...
Anshika Jain resigned as Company Secretary and Compliance Officer of Golkonda Aluminium Extrusions Ltd. on October 24, 2026, citing personal reasons. The company informed the Bombay Stock Exchange about her resignation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " In her letter, Jain said there were no other reasons for her resignation beyond the personal reasons mentioned. She also asked the Board to accept her resignation and complete the required formalities under the Companies Act, 2013. Managing Director Geeta Sethi signed the disclosure on behalf of the company’s Board. The...
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For decades, India's aluminium industry has measured competitiveness through production costs, operational efficiency and access to raw materials. Today, another metric is steadily moving onto boardroom agendas: carbon intensity. The shift is not being driven solely by climate commitments. Export regulations such as the European Union's Carbon Border Adjustment Mechanism (CBAM), investor expectations around ESG performance and customers seeking lower-carbon materials are collectively changing how aluminium is produced, traded and valued. Against this backdrop, India's Carbon Credit Trading Scheme (CCTS), introduced in 2023, represents far more than another environmental regulation. It is the country's first attempt to place an economic value on industrial emissions and gradually integrate...

The Material Recycling Association of India (MRAI) has urged the Indian government to abolish the 2.5 per cent Basic Customs Duty (BCD) on aluminium scrap, arguing that the measure would support the country's recycling industry and strengthen the circular economy. In a letter addressed to the Prime Minister's Office (PMO), the association said removing the duty would reduce raw material costs for recyclers and downstream manufacturers while improving their competitiveness in global markets. MRAI noted that India remains heavily dependent on imported aluminium scrap, with 80-85 per cent of the country's requirement being met through imports. It said uninterrupted access to imported scrap is essential to sustain domestic manufacturing and support the continued growth of the recycling...

Aluminium prices fell 1.6 per cent to settle at 338.45 after Emirates Global Aluminium (EGA) restarted its Al Taweelah alumina refinery in the UAE following a shutdown of around three and a half months. EGA said the refinery is expected to reach 50 per cent of its production capacity within days and return to full technical capacity by the end of the year. The restart has improved expectations for alumina supply and reduced concerns over raw material availability. Although tensions in the Middle East have eased, recent incidents near the Strait of Hormuz continue to keep supply risks in focus. However, the refinery's restart had a bigger impact on market sentiment, leading to lower aluminium prices. Explore: The most comprehensive and forward-looking industry-focused report – Global...

Germany’s aluminium exports to the global market in the first quarter (Q1) of 2026 have taken a significant dip compared with the previous years. The cumulative exports in Q1 totalled around 469,178.09 tonnes, valued at USD 2.6 billion. Out of this, aluminium bars, rods and profiles contributed 52,071.88 tonnes or 11.1 per cent, valued at USD 423.34 million. Trade trends: bars, rods and profiles According to the data fetched from the International Trade Administration, the difference in export volume from Germany to the world becomes evident as we draw up a year-on-year comparison chart: Q1 2026 – 52,071.88 tonnes, down 31.11 per cent Y-o-Y from Q1 2025 Q1 2025 – 75,591.18 tonnes, down 2.31 per cent Y-o-Y from Q1 2024 Q1 2024 – 77,380.15 tonnes Looking at the annual export figures,...

Limerick Mayor John Moran has called on the Irish government to establish a forum to improve communication with stakeholders as uncertainty continues over the future of Aughinish Alumina, Europe's largest alumina refinery. In a letter to Taoiseach and Minister for Enterprise, Trade and Employment Peter Burke, Moran proposed creating a forum involving workers, trade unions, suppliers and the wider community to help address concerns surrounding the refinery and prepare for any future decisions. The proposal comes as debate continues over whether the Russian-owned refinery should face sanctions after reports emerged in March alleging that alumina produced at the plant may have been linked to sanctioned manufacturers supplying weapons used in Russia's war against Ukraine. The Irish government...

Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium Metal Limited, has issued a public advisory urging citizens, employees, business partners and other stakeholders to remain alert to cyber fraud involving the unauthorised use of the company's identity. The company warned that cybercriminals might register similar-sounding websites, domains and email addresses to BALCO’s name, brand, products and services in an effort to trick users into giving away sensitive information. BALCO says these fraudulent communication channels are usually used to steal confidential, personal, financial or commercial information, spread malware and commit other types of online fraud. The company clarified that it has no association with any unauthorised websites, domains or email...

Europe remained a major supplier of aluminium scrap to the global market during the first quarter of 2026. Although discussions on retaining more scrap within the region continued, export volumes remained much higher than imports. Demand from overseas secondary aluminium producers, together with Europe's well-developed recycling industry, kept scrap moving out of the region throughout the quarter. Eurostat data (HS/CN 7602) show that the EU-27 imported 168,346 tonnes of aluminium waste and scrap from countries outside the bloc during January-March 2026. Imports remained almost unchanged during the first two months of the quarter. January imports stood at 54,817 tonnes, followed by 54,658 tonnes in February. Volumes increased slightly in March to 58,870 tonnes, making it the strongest...

When South32 agreed at the start of July to sell almost its entire aluminium value chain to Alcoa for up to USD 5.6 billion, the instinctive read was that a diversified miner had blinked and walked away from aluminium. The sharper question is the one the market keeps misframing: did South32 sell at the bottom, or did it finally price the single variable that decides an aluminium smelter’s life — power? The “bottom” theory does not survive contact with the tape. Aluminium is trading near historic highs, not lows. The LME three-month price touched a four-year peak around USD 3,750 per tonne in early June before a roughly 9 per cent correction on Gulf de-escalation; even after that pullback, it holds above USD 3,100, more than 21 per cent higher year on year. LME stocks have fallen below...

TOYOCHEM has announced that a can coating technology developed jointly with Asahi Breweries has received the Invention Award at the 2026 National Invention Awards. The technology is used in Asahi's "Draft Beer Can" ("Nama Jokki Kan"). Two TOYOCHEM engineers who worked on the project attended the award ceremony held on June 15, 2026, at The Okura Tokyo. Interior coatings are widely used in beverage and food cans to prevent corrosion and stop metal ions from coming into contact with the contents, which can affect flavour. TOYOCHEM has supplied these coatings for canned beer for many years using its polymer design technology. The award-winning technology differs from conventional can coatings because it makes use of a phenomenon that has traditionally been treated as a manufacturing defect....

From July 6-10, 2026, domestic spot alumina prices gradually stabilised with narrow fluctuations. As of July 10, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,762 per tonne, down RMB 14 per tonne from a week earlier, according to Mysteel's price assessment. Alumina prices softened further over the week, weighed down by a retreat in futures prices, rising supply from new and restarted capacity in the south, and increased south-to-north shipments. While Typhoon Maysak briefly affected logistics in Guangxi, operations have largely resumed. The traders' inventories continued to build, and buyer sentiment remained cautious. In detail, alumina futures prices at Shanghai Futures Exchange (SHFE) pulled back steadily...

India's Aditya Birla Group has proposed an additional investment of USD 1.26 billion to expand the capacity of its Kansariguda alumina refinery in Odisha to 3 million tonnes per annum, according to the Odisha government. The expansion will be executed by the group's aluminium company, Hindalco Industries. With the additional investment, the total proposed investment in the refinery will increase to about USD 2.1 billion. The project is intended to increase the refinery's alumina production capacity from 1 million tonnes per annum to 3 million tonnes per annum. The proposal comes as Hindalco is also pursuing the expansion of its subsidiary Aditya Aluminium's aluminium smelter and captive power plant at Lapanga in Odisha. The proposed brownfield project would increase aluminium production...

LME aluminium prices moved lower across cash, three-month and forward contracts on July 10, with the three-month segment recording the sharpest decline of up to 0.50 per cent. The LME aluminium cash bid price stood at USD 3,155.5 per tonne on July 10, down USD 7.5 per tonne or 0.24 per cent from USD 3,163 per tonne on July 9. The cash offer price fell USD 8 per tonne or 0.25 per cent to USD 3,156 per tonne from USD 3,164 per tonne a day earlier. In the three-month segment, the bid price declined USD 16 per tonne or 0.50 per cent to USD 3,152.5 per tonne on July 10 from USD 3,168.5 per tonne on July 9. The three-month offer price also dropped USD 16 per tonne or 0.50 per cent, reaching USD 3,153 per tonne compared with USD 3,169 per tonne in the previous session. December 2027 contracts...

UMS United Mining Supply (UMS) and Renault Trucks have marked 10 years of partnership supporting mining logistics operations in Guinea, where a fleet of Renault K Trucks is used to transport bauxite from mining sites to port facilities. The partnership, which began in 2016 with the support of local distributor TGH Plus, has grown over the past decade, with 600 Renault Trucks delivered to support UMS's mining and industrial logistics operations. Today, 350 Renault K Trucks are deployed across the company's bauxite transport activities in Guinea. Operating in the Boké region, one of Guinea's principal bauxite mining areas, the trucks transport ore between extraction sites and export terminals. The fleet operates around the clock under demanding conditions, with each truck travelling more...

Modern manufacturing requires efficient material handling systems in industries dealing with heavy products like aluminium extrusion, aluminium strip and foil manufacturing, steel processing, automotive manufacturing and mechanical engineering. Conveyor systems, automated storage solutions and material flow technologies help manufacturers transport, store and manage heavy loads, helping to improve production efficiency, reduce downtime and streamline internal logistics. Germany-based H+H Herrmann + Hieber is one of the companies active in this segment. The company designs and supplies application-specific material handling and conveyor systems for heavy industrial operations. With more than 60 years of experience, the company has implemented over 1,200 material flow projects in a wide...

Albarrie, a manufacturer of nonwoven technical fabrics, will participate in Aluminum Düsseldorf 2026, which will be held in Düsseldorf, Germany, from October 6 to 8, 2026. The company will exhibit its products for the aluminium extrusion industry. Nonwoven technical fabrics are used in aluminium extrusion plants to handle hot aluminium profiles during production. They protect the surface of aluminium profiles as they move through the production line and are also used in filtration and environmental control systems at extrusion facilities. Albarrie manufactures nonwoven technical fabrics for industrial applications. In the aluminium extrusion industry, the company supplies heat felts, roller covers, separator belts, filter bags and containment products used during production. Freshly...

China Hongqiao Group expects its net profit for the first half of 2026 to increase by approximately 39 per cent compared with the same period last year, according to a filing with the Hong Kong Stock Exchange. The company said the anticipated earnings growth is primarily driven by higher selling prices for its aluminium alloy products, which supported profitability during the six months ended 30 June 2026. Separately, Shandong Hongqiao Aluminum Industry expects its first-half net profit to increase by 69.72 per cent to 81.04 per cent year-on-year, reflecting continued strength in the aluminium market during the reporting period. China Hongqiao is one of China's largest aluminium producers, with operations spanning alumina, aluminium and aluminium alloy products. Explore: The most...

As aluminium increasingly becomes a strategic raw material for decarbonisation and advanced manufacturing, the focus is no longer limited to primary metal production. From export restrictions and carbon pricing to import duties and circular economy measures, a growing wave of policy interventions is reshaping global aluminium scrap flows. These developments are influencing availability, pricing and competitiveness across aluminium supply chains. Trade scenarios When it comes to scrap leakage, Europe takes the centre stage. While in 2024 the European Union’s aluminium scrap outflow exceeded 1.2 million tonnes, in 2025 it neared 1.3 million tonnes, settling at 1.27 million tonnes. As industrial analysts warn the administration of stricter measures to safeguard quality aluminium scrap and...

Wisconsin Aluminum Foundry (WAF) has been named the 2026 Metal Caster of the Year by the American Foundry Society (AFS) and Modern Casting magazine. The award is regarded as the highest recognition in the North American metal casting industry. The American Foundry Society, established in 1896, represents the North American metal casting industry, which is valued at about USD 50 billion and includes thousands of foundries across the United States, Canada and Mexico. The annual Metal Caster of the Year award is presented to a company that demonstrates excellence in manufacturing, innovation, leadership and service to the industry. WAF received the award for its strategic acquisitions, progress in digital transformation, investment in modernising its facilities and equipment, innovative...