India's aluminium market is expected to record stronger demand in the second quarter of FY2026-27, with consumption estimated to reach 1.735 million tonnes, a 6 per cent increase from the corresponding period last year, according to Hindalco Industries Ltd. Growth is being driven primarily by demand from the automotive and electrical sectors, highlighting the expanding role of aluminium across key industrial applications. Hindalco's Q2 FY2027 presentation estimates Indian aluminium demand at 1.735 million tonnes, compared with 1.643 million tonnes in Q2 FY2026. The latest estimate also represents a recovery from the 1.427 million tonnes recorded in Q1 FY2027. Domestic aluminium supply and imports increase Domestic primary aluminium supply is estimated at 735,000 tonnes in Q2 FY2027,...
Sampat Aluminium Limited reported a net profit of INR 47.4 million (USD 502,121) for the half year ended September 30, 2026, supported by a non-recurring gain of INR 57.1 million (USD 604,875) from the sale of old plant and machinery. The company's revenue from operations increased to INR 1,250.9 million (USD 13.25 million) from INR 811.4 million (USD 8.60 million) in the corresponding period last year. However, its profit before exceptional items and tax declined significantly, highlighting the impact of the machinery sale on reported earnings. The company's profit before exceptional items and tax stood at INR 5.887 million (USD 62,363), compared with INR 62.5 million (USD 662,079) in the first half of the previous financial year. After including the exceptional gain, profit before tax...
Grow with
AL Circle
On Wednesday, February 2, LME aluminium cash (bid) price dropped by US$29 per tonne to stand at US$3,042.50 per tonne. On the other hand, LME aluminium official settlement price also slumped by US$29 per tonne or by 0.94% to settle at US$3,043 per tonne. 3-month bid price and 3-month offer price closed at US$3,026 per tonne and US$3,028 per tonne. December 23 bid price and December 23 offer price also scored at US$2,823 per tonne US$2,828 per tonne, for the same day. LME aluminium opening stock registered at 782225 tonnes. Live warrants and Cancelled warrants for the same day also scored at 445150 tonnes and 337075 tonnes. LME aluminium 3-month Asian Reference Price also totalled at US$3,038.33 per tonne. SHFE aluminium price The SHFE market is closed on the occasion of Chinese New Year...
According to a recent report, Stefan Glimm will retire from his remaining responsibility as Director General of the Global Aluminium Foil Roller Initiative (GLAFRI) at the end of February 2022. He served the aluminium foil industry for 30 years and the aluminium industry in general for almost four decades. During his career, Mr Glimm worked in leading management positions for what today is Aluminium Deutschland, AMS Europe incl. European Aluminium Foil Association (EAFA), and Flexible Packaging Europe, European Aluminium. In his early days, he also worked for Wirtschaftsvereinigung Metalle (German Non-Ferrous Metals Association). Under his leadership, the Global Aluminium Foil Roller Conference (GLAFCO) had become a bi-annual key event for the foil industry worldwide. Then the Global...
On 1 st February 2022, the Minister of Finance and the Public Service of Jamaica, Dr Nigel Clarke asserted to the ‘House of Representatives’ that the proceeding of reconstruction at the Government's part-owned bauxite/alumina company Jamalco is on course. Dr Clarke, while countering to questions from Phillip Paulwell, the opposition spokesman on mining and energy said, “The recovery process will take place over three phases, starting in June this year.” He said, “In terms of phase one, JAMALCO expects the recommencement of operations at up to 50% of capacity, using steam from a set of boilers now being installed.” “It is expected that mining operations and associated jobs will begin to be restored in the weeks before the resumption of production.” He also informed the House that by the...
According to announcements made by Finance Minister Nirmala Sitharaman in the Union Budget on Tuesday, India has decided to manufacture 400 new, more efficient Vande Bharat trains in the next three years, taking a decisive step toward engine-less propulsion systems for passenger trains in the future. Based on the reports, the 400 trains would be in addition to the 102 Vande Bharat trains currently in the works. The Railways would also establish "One Station One Product," which will leverage local food transported on trains, with a focus on farmers, Sitharaman stated. The Rails will roll out postal railways for parcels as part of their new product launch, giving a boost to a new business field. “400 new-generation Vande Bharat trains with better efficiency to be brought in during the next...
In November 2021, domestic primary aluminium production in the United States stood at 75,000 tonnes, reflecting a dip of 1,000 tonnes or 1.32 per cent month-on-month from 76,000 tonnes. On a year-on-year calculation, on the other hand, the output in November grew 1,000 tonnes from 74,000 tonnes. The daily average production in the US in November 2021 was 2,510 tonnes, slightly more than 2,460 tonnes in October 2021 and 2,450 tonnes in November 2020. Total aluminium recovered from scrap in November 2021 was 265,000 tonnes – 4,000 tonnes less than 269,000 tonnes a month ago and 1,000 tonnes more than 264,000 tonnes a year earlier. Of the total scrap recovered, 144,000 tonnes of aluminium was recovered from new scrap and 121,000 tonnes from old scrap. The November 2021 average US spot market...
Ducon Infratechnologies Limited, India's premier Fossil Fuel/Coal Clean Technology Business, has announced that National Aluminium Company (NALCO), a Central Government Enterprise, and a Navaratna have awarded the company contracts in its Bulk Material Handling Segment. Ducon will take on Lumpsum Turnkey projects for Alumina Handling & Wagon Loading Package at NALCO Damanjodi Refinery and Alumina Handling Package at Vizag Port, using its cutting-edge technologies. The deal is projected to bring in between Rs 125 and Rs 150 crore in income for the firm. Ducon has worked with NALCO since 2002 and has completed a number of projects for them. In addition, Ducon is now working on a project at NALCO's Aluminium Smelter in Angul, Orissa, which will be the company's second Alumina Handling...
On Wednesday, February 2, Rio Tinto announced its fourth-quarter and full-year 2021 report, revealing the bauxite output in Q4 at 13.1 million tonnes, down by 6 per cent quarter-on-quarter and 2 per cent year-on-year. In the entire year, the company’s bauxite production came in at 54.3 million tonnes, 3 per cent less than in 2020, due to severe wet weather in the first quarter impacting system stability throughout the year, equipment reliability issues and overruns on planned shutdowns at our Pacific operations. Rio Tinto also declared that its aluminium output in 4Q2021 stood at 757,000 tonnes, 2 per cent less than in 3Q2021 and 7 per cent than in 4Q2020. Full-year production was 3.151 million tonnes, slightly down by 1 per cent than in the previous year. Reduced capacity at Rio’s...
The leading aluminium smelting and rolling mill in the world, Aluminium Norf GmbH (Alunorf) will purchase electricity from five wind parks in the state of North-Rhine Westphalia to diminish its carbon footprint. The German aluminium producer, Alunorf’s inked power purchase agreement (PPA) with French energy company Engie SA undertakes that Alunorf will off-take about 28 million kWh of green electricity in 2022 which is enough to power four induction furnaces. On 1 st February 2022, Engie Deutschland said, “The PPA with Alunorf will the continued operation of the five wind parks located in Krefeld, Viersen, Dueren and Baesweiler as they no longer receive tariffs under the EEG scheme.” Oliver Hommel, the manager of Alunorf said, “The deal with Engie will help Alunorf gain experience in the...
Hindalco Industries Limited slashed its aluminium ingot and aluminium products prices, with effect from Tuesday, February 1, after two consecutive hikes on January 26 and 28. The company cut its aluminium ingot price by INR 3,250 per tonne to INR 264,750 per tonne. On the previous day, January 28, the company’s aluminium ingot price stood at INR 268,000 per tonne, seeing a surge of INR 5,250 per tonne. Hindalco’s aluminium wire rod price also saw a decline of INR 3,250 per tonne to INR 275,850 per tonne versus INR 279,100 per tonne on January 28. Aluminium billets price came in at INR 278,850 per tonne, compared to INR 282,100 per tonne on the previous day. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange,...
According to the US Geological Survey (USGS), the United States exported 53,100 tonnes of US aluminium scrap in November to Malaysia, depicting a month-on-month escalation of 4,400 per tonne or by 9.03%. In October 2021, 48,700 tonnes of US aluminium scrap were exported to Malaysia, showing a hike of 7,500 tonnes from 41,200 tonnes in September 2021. On a year-on-year calculation, US aluminium scrap exported to Malaysia in November 2021 ascended by 8,800 tonnes or by 19.86% from 44,300 tonnes in November 2020. From January to November, the exported aluminium scrap to Malaysia closed at 481,000 tonnes. For the same period last year, the amount registered at 382,000 tonnes. According to the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude metals and alloys,...
The LME aluminium benchmark price dropped slightly on Tuesday, February 1, following a plunge of US$34 per tonne on the previous day to US$3,076 per tonne. On Tuesday, February 1, LME aluminium cash (bid) price inched down by US$2.50 per tonne to stand at US$3,071.50 per tonne, while LME aluminium official settlement price dropped by US$4 per tonne to come in at US$3,072 per tonne. 3-month bid price and 3-month offer price settled lower at US$3,048 per tonne and US$3,049 per tonne, respectively. But December 23 bid price and December 23 offer price grew by US$12 per tonne to total at US$ US$2,795 per tonne and US$2,800 per tonne, for the same day. LME aluminium opening stock decreased from 799475 tonnes to 788425 tonnes. Live warrants and Cancelled warrants plunged to 445150 tonnes and...
A surge in aluminium recycling operations on the continent has been cited by the Brussels-based industry group European Aluminium as a key contributor in progress toward its 10-year sustainability roadmap targets. According to the organisation, recycled aluminium currently accounts for 51% of all aluminium produced in Europe. The organisation outlined it as one of three highlights in a mid-term progress report on the plan, which was issued in 2015 and set targets to be met by 2025. “At European Aluminium, we understand sustainable aluminum as aluminum that is produced with rigorous processes that respect high environmental, social and governance (ESG) standards considering all steps of the aluminum value chain, from sourcing raw materials to managing end-of-life products,” commented the...
European Aluminium, the European industry voice for the aluminium value chain, is happy to announce Paul Voss' appointment as Director-General, effective from 1 February 2022. Mr Voss will follow Gerd Götz, who will leave the Association at the end of March after almost a decade as the head. “On behalf of all European Aluminium members, I would like to thank Gerd Götz for his unwavering dedication to the Association and aluminium industry. During his nine-year tenure as Director General, European Aluminium adopted a long-term sustainability vision based on aluminium’s role in the transition to a low carbon and circular economy. Notable achievements under his leadership include the launch of the industry’s Sustainability Roadmap Towards 2025, Vision 2050 and Circular Aluminium Action Plan,...
Novelis' recent efforts to enhance its manufacturing and recycling capacity were primarily motivated by growing vehicle demand for aluminium and Novelis' own environmental emissions objectives, according to Tom Boney, executive vice president and president of Novelis North America. Greater recycling is assisting the company situated in the United States - which is reported to be the world's largest recycler and manufacturer of aluminium sheets - in meeting market demand for the product as well as environmental sustainability. Novelis has announced intentions to increase aluminium sheet production by 364,000 tonnes per year. 240,000 tonnes of sheet will come from a new $365 million vehicle recycling site in Guthrie, Kentucky, and another 124,000 tonnes from an improvement to its hot mill...
The Harare, headquartered Zimbabwean manufacturing company, Almin Metal Industries Limited is all set to open three new branches in March 2022 as part of its drive for business expansion. In 1969, Almin Metal Industries was founded, while the company is in the business of manufacturing and supply of aluminium profiles for architecture, irrigation and general engineering purposes. However, the new branches will be in Gweru, Kwekwe and Mutare. The metal product producer owns and operates an aluminium extrusion facility in Harare and it is the only one in Zimbabwe that has vertically integrated aluminium processing capabilities comprising of an extrusion plant and metal finishing operations such as anodising and powder coating. The company also has a branch in Bulawayo. Ntombizodwa Mhlophe,...
In December 2021, primary aluminium production in Russia & Eastern Europe stood at 351,000 tonnes, up by 12,000 tonnes or 3.54 per cent month-on-month, found the International Aluminium Institute. In November, primary aluminium production in Russia and Eastern Europe came in at 339,000 tonnes, down by 13,000 tonnes or 3.69 per cent from 352,000 tonnes in October. On a year-on-year basis, Russia & Eastern Europe’s primary aluminium production in December 2021 stood mostly unchanged compared to 352,000 tonnes. In the fourth quarter of the year (Oct-December) of 2021, primary aluminium output in Russia & Eastern Europe totalled 1.042 million tonnes versus 1.040 million tonnes in Q3 2021 and 1.043 million tonnes in Q4 2020. In the entire year 2021, primary aluminium production in Russia &...
The Aluminium Association of India (AAI) has addressed the Ministry of Coal urging for the immediate resumption of adequate coal rakes for the highly power-intensive aluminium industry with no assurance of adequate coal supply notwithstanding the stockpiles of coal gushing captiously low, resulting in production derangement emerging across the Indian aluminium sector. AAI in its representation to the ministry has praised the combined efforts by the Ministry of Coal and Coal India Limited in reviving domestic coal production, which has succoured to soothe the coal supply crisis for the domestic power sector. The stride undertaken by the ministry has increased the overall daily rakes dispatched from 242 rakes per day in September 2021 to 289 rakes per day in December 2021. Now, this has...
Crown Holdings, Inc. has received ASI Performance Standard accreditation for six beverage can body and end manufacturing units in Mexico, including the Corporate Office in Monterrey, which are located in Ensenada, Guadalajara, Toluca, Juarez, and Monterrey. Crown Mexico's predicted market size in 2020 was 15 billion beverage cans, with an annual growth rate of up to 6%. The ASI Certification programme is the first complete voluntary sustainability standard project for the aluminium value chain, and it was established after considerable multi-stakeholder input. With the goal of addressing sustainability challenges in the aluminium value chain, the ASI Performance Standard establishes environmental, social, and governance principles and standards. Under the three sustainability pillars of...
