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...
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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...
Matalco Inc., a division of Toronto-based Giampaolo Group Inc., has reportedly acquired the Ohio Valley Aluminum Co. LLC (OVACO), based in Shelbyville, Kentucky. The news came after KPMG Corporate Finance LLC, which served as the financial advisor of the OVACO, reported it officially. Founded in 1955, the OVACO is a manufacturer of high-quality 6000-series aluminum billet made from aluminium scrap for the aluminum extrusion industry. Matalco also manufactures 6000-series aluminum billet for aluminum extrusion and forging applications. The company operates six billet plants in the United States, and its seventh plant is under construction in Franklin, Kentucky. According to KPMG, the seventh plant will bring Matalco’s total capacity to 1.6 billion pounds annually. However, in context to...
According to the US Geological Survey (USGS), the United States imported 7,370 tonnes of US aluminium plates, sheets and bars from Oman, showing a month-on-month hike of 990 per tonne or 15.51%. In September 2021, 6,380 tonnes of US aluminium plates, sheets and bars were imported from Oman, showing a drop down of 2,670 tonnes from 9,050 tonnes in August 2021. On a year-on-year calculation, US aluminium plates, sheets and bars imported from Oman in October 2021 slumped by 90 tonnes or by 1.20% from 7,460 tonnes in October 2020. From January to October, the imported aluminium plates, sheets and bars from Oman settled at 74,000. For the same period last year, the amount clocked at 53,600 tonnes. As per the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude...
In December 2021, alumina production in South America stood at 1.004 million tonnes, climbing up by 6.24 per cent month-on-month, found the International Aluminium Institute. In November, the output was 945,000 tonnes, down by 40,000 tonnes or 4.06 per cent from 985,000 tonnes in October 2021. On the other hand, on a year-on-year calculation, alumina production in South America in December 2021 stood 9.06 per cent less than 1.104 million tonnes. From October to December 2021 (Q4), South America’s alumina production totalled 2.934 million tonnes, which reflected quarter-on-quarter increase of 3.67 per cent from 2.83 million tonnes. But on a year-on-year basis, the output edged a downfall of 2.52 per cent from 3.010 million tonnes. In the entire year 2021, South America churned out 12.111...
On Monday, January 31, LME aluminium cash (bid) price dropped by US$34 per tonne or by 1.09% to score at US$3,074 per tonne. On the other hand, LME aluminium official settlement price also went down by US$34 per tonne or by 1.09% to score at US$3,076 per tonne. 3-month bid price and 3-month offer price settled at US$3,050 per tonne and US$3,052 per tonne. December 23 bid price and December 23 offer price also recorded at US$2,783 per tonne and US$2,788 per tonne, for the same day. LME aluminium opening stock pegged at 799475 tonnes. Live warrants and Cancelled warrants for the same day registered at 449525 tonnes and 349950 tonnes. LME aluminium 3-month Asian Reference Price also totalled at US$3,068.50 per tonne. SHFE aluminium price The most-traded SHFE 2203 aluminium closed up 2.05 per...
Exeter City Council and Exeter City Football Club (ECFC) in England have won a national recycling award for their innovative scheme, Cans 4 City. This has encouraged the Exeter football fans to recycle used drink aluminium cans while also raising money for charity. The team behind Cans 4 City were presented with a Green Can Award by not-for-profit Every Can Counts in recognition of their outstanding recycling efforts. The award ceremony took place during half-time on 29 th January 2022 (Saturday) match against Hartlepool United, witnessed by over 5000 fans as attendance. The initiative has collected nearly seven tonnes of aluminium packaging since 2020, to raise more than £6,000 for projects and initiatives run both by the club and its partner charity, Exeter City Community Trust (ECCT)....
Hindalco Industries Limited hiked its aluminium products and aluminium ingot prices for the second time in a row last week, with effect from Friday, January 28. The company’s aluminium wire rod price saw a surge of INR 5,250 per tonne or 1.92 per cent to INR 279,100 per tonne as of January 28. On January 26, the price stood at INR 273,850 per tonne, up by INR 2,000 per tonne from the previous day. Hindalco’s aluminium billets price also grew by INR 5,250 per tonne with effect from January 28 to come in at INR 282,100 per tonne, versus INR 276,850 per tonne on January 26. The hike on January 28 brought Hindalco’s aluminium ingot price to INR 268,000 per tonne from INR 262,750 per tonne on January 26. Hindalco links its aluminium ingot and aluminium products prices to the three-month future...
The Chinese high-tech enterprise, specializing in research and development, manufacturing, selling solar energy products, Mibet Energy has developed a mounting structure for agrivoltaic projects that can be applied to different crops. The structure is asserted to certify different light transmittance levels and empower several PV system layouts to meet developers’ requirements for different crop growth and to create the appropriate environment for different crops in a flexible way. A spokesperson from Mibet Energy said, “The main body of the Mibet Agri-PV system adopts aluminium alloy and large-span structure, so it won’t impede the daily operation of the agricultural machinery,” “The columns can be adapted to different projects, multiple square tubes can be switched seamlessly, and it...
ALRO S.A. (BVB: ALR, "the Company" or "ALRO"), one of Europe's largest vertically integrated aluminium producers by capacity, announces that the company's management is focusing on finding solutions to restore electrolytic aluminium production to the level of 2021 beginning in 2023, subject to market energy prices. “We are actively looking for solutions to secure the energy needs for 2023 for all our five potrooms and thus to preserve the vertical integration feature of our business, as we believe the integration will remain in the long run one of the main advantages of our business model”,said Marian NĂSTASE, Chairman of the Board of Directors, ALRO. “Based on our current estimations, the restarting costs for each electrolysis potroom may be in the range of USD 10-12 million, depending...
According to latest estimates, aluminium has strong potential in 2022 to outperform other non-ferrous metals on the London Metal Exchange, exceeding the important milestone of $3000/t at the start of the year. The news came after diversified mining major Eurasian Resources Group CEO Benedikt Sobotka said in a statement on January 27. According to Sobotka, the aluminium market will remain in a deficit in 2022 for the second consecutive year, as indicated by inventories at the lowest level since the global financial crisis – a period of extreme stress in global financial markets and banking systems between mid-2007 and early 2009. In 2021, the global aluminium price stood 13-year high, increasing by more than 40 per cent year-on-year. Sobotka predicts China’s aluminium supply growth to be...
On Friday, January 28, Vedanta Limited, a subsidiary of Vedanta Resources Limited, declared its unaudited Q3 and nine months results ended December 31, 2021. The company said it earned consolidated quarterly revenue of INR 33,697 crore, an increase of 12 per cent Q-o-Q from INR 30,048 crore and up by 50 per cent Y-o-Y from INR 22,498 crore. The revenue in nine months came in at INR 91,850 crore, which flaunted a hike of 56 per cent from INR 58,989 crore during the same period last year. The increase in revenue could be attributed to improved commodity prices and higher sales volume across businesses. Vedanta reported record aluminium production of 578,000 tonnes in Q3, up by 16 per cent Y-o-Y. Alumina output also saw a rise of 16 per cent Y-o-Y to 472,000 tonnes in 3QFY2022. Vedanta also...
The Railway Budget's recommendations for mass manufacture of aluminium coaches, as well as a gradual shift from steel-bodied LHB coaches to lightweight energy-efficient ones, aim to achieve the national transporter's twin goals of reduced energy usage and increased bauxite loading for aluminium factories. In her Budget on 1 February, Finance Minister Nirmala Sitharaman is anticipated to focus on the economy beyond the epidemic, despite the lingering effects of the Omicron wave. Growth in capital expenditure is critical for both the economy and the railways to maintain infrastructure development. The suggested plan for ramping up production of around 6500 aluminium coaches is ambitious since it anticipates increased freight due to increased bauxite loadings as well as lower power use for...
According to the US Geological Survey (USGS), the United States exported 13,100 tonnes of US aluminium scrap to Mexico, showing a month-on-month reduction of 200 per tonne or by 1.50%. In September 2021, 13,300 tonnes of US aluminium scrap were exported to Mexico, showing a decline of 300 tonnes or 2.20% from 13,600 tonnes in August 2021. On a year-on-year calculation, US aluminium scrap exported to Mexico in October 2021 plummeted by 3,000 tonnes or by 18.63% from 16,100 tonnes in October 2020. From January to October, the exported aluminium scrap to Mexico settled at 140,000 tonnes. For the same period last year, the amount totalled at 119,000 tonnes. As per the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude metals and alloys, and scrap, exported to...
The LME aluminium benchmark price grew slightly on Friday, January 28, after incessant hikes from U$3,044.50 per tonne to US$3,107 per tonne during January 24-27. On Friday, January 28, LME aluminium cash (bid) price and LME aluminium official settlement price inched up by only US$2 per tonne and US$3 per tonne, respectively, to come in at US$3,108 per tonne and US$3,110 per tonne. But 3-month bid price and 3-month offer price descended by US$10 per tonne and US$11 per tonne to close at US$3,085 per tonne. December 23 bid price and December 23 offer price also closed lower at US$2,815 per tonne and US$2,820 per tonne as of January 28. LME aluminium opening stock totalled at 811050 tonnes on January 28. Live warrants remained restrained at 450250 tonnes, while Cancelled warrants declined...
National Aluminium Company Limited (NALCO) again increased its aluminium ingot and aluminium products prices after a week, with effect from Saturday, January 29. The company’s aluminium ingot price grew by INR 3,900 per tonne from INR 261,150- 264,650 per tonne on January 22 to INR 265,050-268,550 per tonne on January 29. NALCO hiked its aluminium wire rod price also by INR 3,900 per tonne on January 29, bringing it to INR 267,550-271,900 per tonne. On January 22, the price stood at INR 263,650- 268,000 per tonne, seeing a surge of INR 6,300 per tonne. NALCO’s aluminium billets price witnessed no exception but an increase of INR 3,900 per tonne from INR 264,600- 267,250 per tonne to INR 268,500-271,150 per tonne. NALCO links its aluminium ingot and aluminium products prices to the...
Bauxite is known as a rock made up of laterite soil and it is the primary raw material used in the production of alumina and aluminium metal. Generally, it is found in tropical regions, where intense decomposition aids in its generation. Bauxite is found in a thin layer, commonly 2–5 meters close to the surface. According to the USGS, as of January 2015, the global bauxite reserves were 28.1 billion tonnes (Bnt). The West African nation Guinea has the largest reserves of bauxite with 7.4Bnt or we can around 26% of global reserves, followed by Australia with 6.5Bnt. The bauxite deposits at Weipa in Queensland and Gove in the Northern Territory of Australia are amongst the world's highest-grade deposits. Brazil with reserves at 2.6Bnt ranked third with key deposits in Trombetas while...
