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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The average alumina spot price in China has grown by RMB 10 per tonne over the weekend ending January 24 to come in at RMB 3,115 per tonne, found the Shanghai Metals Market. In Guizhou, alumina price has jumped by RMB 25 per tonne to stand at RMB 3,000 per tonne, followed by the increase of RMB 15 per tonne in Henan and Shandong to RMB 3,140 per tonne and RMB 3,115 per tonne, respectively. In Guangxi and Shanxi, the average alumina spot price has inched up by RMB 10 per tonne and RMB 5 per tonne to peg at RMB 3,030 per tonne and RMB 3,130 per tonne on January 24. The Australian alumina FOB price has also opened the week on Monday, January 24, with a hike to stand at US$360 per tonne. A00 aluminium ingot price has continued to decrease by RMB 230 per tonne on Monday, January 24, to stand...
LME aluminium opened at US$3,105 per tonne last Friday and closed at US$3,022 per tonne, down US$92.5 per tonne or 2.97%. On Friday, January 21, LME aluminium cash (bid) price dropped by US$30 per tonne or by 0.96% to close at US$3,079/t. LME aluminium official settlement price also went down by US$30 per tonne or by 0.96% to peg at US$3,079.50 per tonne. 3-month bid price and 3-month offer price settled at US$3,060 per tonne and US$3,061 per tonne. December 23 bid price and December 23 offer price registered at US$2,728 per tonne and US$2,733 per tonne, for the same day. LME aluminium opening stock totalled at 865950 tonnes. Live warrants and Cancelled warrants for the same day also stood at 452325 tonnes and 413625 tonnes. LME aluminium 3-month Asian Reference Price came in at...
The downstream segment of the global aluminium industry remained highlighted in the week due to some of the eventful happenings. The American industrial aluminium company, Novelis, a subsidiary of Indian aluminium and copper manufacturing company Hindalco Industries achieves GreenCircle Certification for 99% recycled aluminium content in three of its alloys. The shipbuilder based in Panama City, Florida, Eastern Shipbuilding Group, which has delivered over 350 vessels to commercial clients, inaugurated a new aluminium fabrication facility. According to a report on January 17, 2022, Hydro will establish a new photovoltaic power system at its aluminium extrusion plant in Trzcianka, Poland. The power system will expectedly come into operation in Q3, 2022, to generate 7.5GWh/year of power to...
According to a recent report, Hydro Energi AS, part of the Electric Power Generation, Transmission and Distribution Industry, has entered into a new long-term power purchase agreement (PPA) with Hafslund Eco Vannkraft AS for a supply of 1300 GWh during 2023-29. The PPA will be part of Hydro Energy’s total power portfolio, consisting of captive power production of 9.4 TWh per year and a long-term contract portfolio of around 10 TWh. Hydro has signed 19 long-term power contracts in total since 2014, based on renewable hydro or wind power. Access to renewable energy and modern technology helps Hydro produce aluminium in Norway with a carbon footprint, which is about 75 per cent less than global average. Besides being an active market player in the Nordic power market, Hydro Energi is...
The news that created a buzz this week was the penalty of $678,889 on Rio Tinto for violation of air contaminants at Kitimat aluminium smelter. The Workers' Compensation Board of British Columbia, operating as WorkSafeBC, imposed the fine following building inspection used for cleaning and servicing equipment at Rio Tinto’s Kitimat aluminium smelter. However, the inspection was a follow-up from an endorsement in regards to governing workers’ exposure to process dust that contained toxic and carcinogenic substances such as beryllium. To know more: https://www.alcircle.com/news/rio-tinto-slammed-with-hefty-fine-by-worksafebc-for-violation-of-air-contaminants-at-kitimat-aluminium-smelter-75393 India’s iconic Aluminium producer, Bharat Aluminium Company Limited has made a space for itself in...
LME aluminium cash (bid) price and LME official settlement price opened the week on Monday, January 17, with a hike of US$31 per tonne and US$31.50 per tonne, respectively. That brought the prices to US$3008 per tonne and US$3,009 per tonne. However, on Tuesday, January 18, both LME aluminium cash (bid) price and LME official settlement price slipped by US$3 per tonne to US$3005 per tonne and US$3006 per tonne, but on Wednesday saw a jump of US$30 per tonne to US$3,035 per tonne and US$3,036 per tonne. On Thursday, the prices continued to soar by US$74 per tonne and US$73.50 per tonne to settle at US$3,109 per tonne and US$3,109.50 per tonne, which on Friday, January 21, closed lower at US$3,079 per tonne and US$3,079.50 per tonne. 3-month bid price and 3-month offer price settled at...
The Jamaican Minister of Finance and the Public Service, Dr Nigel Clarke has manifested that the govt. has collected $2 billion from the bauxite levy in late 2021. On 18 th January 2022, while countering the questions put forward by Phillip Paulwell, the mining spokesperson of the opposition in the House of Representatives, the minister advocated that the figure of the levy may have been overlooked as a line item in the Government's revenue package. “The levy payments were due to the efforts of the former Minister of Mining Robert Montague, who was removed from that ministry in the recent Cabinet shuffle”, said Dr Nigel Clarke. “It was due to the good work of that former minister that we collected $2 billion in bauxite levy in the last few months.” Robert Montague, presently the Ministry...
The formal opening of Eastern Shipbuilding Group's new aluminium production plant is being celebrated. The structure was created expressly to aid in the construction of the USCG's offshore patrol cutters. Triumph Gulf Coast provided a five-million-dollar grant to help pay for the project. President of Eastern Shipbuilding Group Joey Disernia stated that this is a significant milestone for the firm. “The saying goes that the rising tide floats all boats. So this represents the rising tide of an economic transformational project,” said Disernia. According to him, it is a custom design to assist the Coast Guard's largest initiative as part of the recapitalization project. The facility includes substantial height and crane capabilities, allowing workers to operate on the boats in a protected...
Hindalco Industries Limited has further increased its aluminium ingot and aluminium products prices by INR 5,250 per tonne or 2 per cent, with effect from Friday, January 21. The hike for the fourth time in a row has brought the company’s aluminium ingot price to INR 265,250 per tonne from INR 260,000 per tonne on January 20. Hindalco’s aluminium wire rod price has come in at INR 276,350 per tonne, with effect from January 21. On January 20, the price had seen a growth of INR 3,000 per tonne to INR 271,100 per tonne. Aluminium billets price grew from INR 274,100 per tonne to INR 279,350 per tonne. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which on January 20 soared by US$73.50 per tonne to...
The Aluminium Stewardship Initiative has certified Gränges’ casting and rolling facility in Shanghai, China, against its Chain of Custody Standard Certification. This makes the world-renowned aluminium technology company achieve the second ASI certification. In July 2019, Gränges facility, which produces aluminium strips and plates for the automotive industry, had bagged the ASI Performance Standard Certification. Today, Gränges announced the achievement of Chain of Custody Standard Certification for the plant, of which operations include direct chill casting, hot rolling, cold rolling, and finishing with an annual production capacity of 120 kt. Fiona Solomon, Chief Executive Officer at ASI, said: “We congratulate Gränges on the achievement of its second Chain of Custody Standard...
According to the US Geological Survey (USGS), the United States exported 23,100 tonnes US aluminium plates, sheets and bars to Canada in October 2021, showing a month-on-month plunge of 800 per tonne or 3.34%. In September 2021, 23,900 tonnes of US aluminium plates, sheets and bars were exported to Canada, showing a sharp decline of 2,700 per tonne from 26,600 tonnes in August 2021. On a year-on-year calculation, US aluminium plates, sheets and bar exported to Canada in October 2021 nosedived by 5,700 tonnes or by 19.79% from 28,800 in October 2020. From January to October, the exported aluminium plates, sheets and bars to Canada pegged at 250,000 tonnes. For the same period last year, the amount had summed up to 249,000 tonnes. As per the data shared by the USGS, the total amount of...
The United States (US) and Britain initiated dialogue on Wednesday, January 19, aimed at resolving the dispute over tariffs that were imposed by the Trump administration on imported aluminium and steel. As per the report, top trade officials from Washington and London said they are committed to working towards an expeditious outcome resulting from an excess global capacity of primary aluminium, primarily due to China. The US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo met Britain’s International Trade Secretary Anne Marie Trevelyan virtually and pledged to find effective solutions. The tariffs imposed on Britain caused friction with the United States, which, in turn, retaliated with punitive duties on American goods. According to the report, the officials...
The Indonesian aluminium giant PT Indonesia Asahan Aluminum in vernacular known as Inalum attained aluminium production of 243,000 tonnes while sales were recorded at 218,000 tonnes in 2021. The Mining Industry Indonesia (MIND ID) holding company depended on aluminium commodities by diversifying the portfolio into ingots, alloys, and billets. On 20 th January 2022, Danny Praditya, the Director of Operations and Portfolio stated, “Throughout 2021, in the middle of the second year of the pandemic, the company will continue to optimize the operational effectiveness of its aluminium smelter by keeping the entire business chain running.” He further added, “Maintaining the supply chain of raw materials to the performance of Hydroelectric Power Plants (PLTA) as the main energy source, the 2021...
According to the Shanghai Metals Market, the average alumina spot price in China has surged by RMB 45 per tonne to come in at RMB 3,105 per tonne. The average alumina spot price in Shandong has also grown by RMB 35 per tonne to settle at RMB 3,110 per tonne. On the other hand, in Henan and Shanxi the price has also shot up by RMB 40 per tonne and RMB 50 per tonne to close at RMB 3,125 per tonne, for the same day. The average alumina price in Guizhou and Guangxi has also increased by RMB 25 per tonne and RMB 60 per tonne to peg at RMB 2,975 per tonne and RMB 3,020 per tonne. Only in Lianyungang and Bayuquan, the price has remained restrained to register at RMB 3,000 per tonne and RMB 3,050 per tonne. The Australian alumina FOB price has ascended by US$7 per tonne to close at US$355 per...
LME aluminium opened at US$3,047 per tonne on Thursday and closed at US$3,115 per tonne, an increase of US$62 per tonne or 2.03 per cent. On Thursday, January 20, LME aluminium cash (bid) price and LME aluminium official settlement price soared by US$74 per tonne and US$73.50 per tonne, respectively, to close at US$3,109 per tonne and US$3,109.50 per tonne. 3-month bid price and 3-month offer price also grew significantly by US$53.50 per tonne and US$55 per tonne to come in at US$3,080 per tonne and US$3,082 per tonne. However, December 23 bid price and December 23 offer price dropped by US$5 per tonne to stand at US$2,728 per tonne and US$2,733 per tonne. LME aluminium opening stock decreased to 873650 tonnes. Live warrants and Cancelled warrants for the same day was found at 464100...
The integrated manufacturer of freight rolling stock in Russia, RM Rail, also a member of the Russian Aluminium Association has initiated assembling an aluminium alloy mineral hopper model 19-1299. The aluminium hopper car is designed for the transportation of various cargoes, comprising mineral fertilizers. It can also be used for grain and other bulk cargoes. However, the design provides for the use of an innovative 25 TNF axle load bogie. This hopper has half a ton lower tare weight and increased carrying capacity (79 tons), in comparison to the previous generation model. The body volume is 111 cubic meters. It was successfully achieved by applying a new aluminium alloy 1581 alloyed with scandium. The Russian material scientist whose proprietary design is Alloy 1581 was inspired by...
With the end of the year 2021, the International Aluminium Institute data shows the world primary aluminium production in December stood at 5.622 million tonnes. That was an increase of 3.61 per cent month-on-month from 5.426 million tonnes. In October, the world primary aluminium production was at 5.689 million tonnes, meaning the output in November edged a downfall of 4.62 per cent. In the last quarter of the year (4Q2021), the world primary aluminium production totalled 16.737 million tonnes, down by 0.95 per cent from 16.898 million tonnes in 3Q2021 and 0.50 per cent from 16.821 million tonnes in 4Q2020. In the entire 2021, the global aluminium production amounted to 67.343 million tonnes, which reflected a hike of 3.09 per cent from 65.325 million tonnes a year ago. The world’s daily...
The major alumina asset of Rusal and one of the world’s leading energy-efficient refineries, Aughinish alumina stated that numerous developments are essential at their facility near Askeaton, Limerick County to pursue production until at least 2039. However, lacking these developments, the company stated in its planning application that the refinery might discontinue production in 2030 based on current production levels of 1.9 million tonnes of alumina a year. Since 1983, the Aughinish alumina refinery has been functioning with current staff strength of 482 and a further 385 people in maintenance and contract jobs. The company said in its planning application, “The closure of the facility at Aughinish would result in a significant loss in highly-skilled employment opportunities in the...
