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 aluminium billet inventories in China escalated by 36,500 tonnes week-on-week across five major consumption areas. As a result, the inventories registered at 176,900 tonnes, as of Thursday, January 20. Except for Huzhou, all of the other four markets had increases in inventories. The majority of the rise came from inventory in Foshan and Wuxi, which increased by 21,500 mt and 13,200 mt, respectively, up 29.53 percent and 54.77 percent on a weekly basis. This week, downstream orders decreased even further, resulting in a drop in demand for aluminium billet. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, the aluminium inventories in China grew by 21,500 tonnes to stand in at 72,800 tonnes. In Wuxi, inventories moved...
According to the Shanghai Metals Market, social inventories of primary aluminium in China have gained 2,000 tonnes this week ending January 20, 2022, across eight major consumption areas, including SHFE warrants. Therefore, the inventories have come in at 726,000 tonnes, compared to 724,000 tonnes on January 13. Primary aluminium inventories have increased this week after the past eight consecutive weeks of decline since November 25. The chart below indicates the current status of primary aluminium inventories across China in more details: Gongyi and Nanhai are the two Chinese provinces that have primarily contributed to the primary aluminium inventories growth this week by adding up 9,000 tonnes and 7,000 tonnes, respectively, to 76,000 tonnes and 184,000 tonnes, as of January 20. In...
The leading designer and producer of high-reliability passive components, Exxelia, which is also the maker of precision subsystems focusing on highly demanding markets, applications and functions, has stated that it has acquired a majority stake in Alcon Electronics for around $100 million. The company also commented that with this partnership, Exxelia will gain a boost from the unique engineering capabilities of Alcon centred on testing and instrumentation equipment. The largest capacitor manufacturing company in India, Alcon Electronics with its state of the art technology is also counted as the leading designer and manufacturer of catalogue and custom-designed film and aluminium electrolytic capacitors, distinctively catering the renewable energy, induction heating equipment, medical...
Alcoa Corp., the largest aluminium manufacturer in the United States, cautioned investors on Wednesday that any confrontation between Russia and Ukraine might affect the global aluminium market. Any form of aggressiveness, according to Chief Executive Officer Roy Harvey, might affect supplies from Russia, the world's second-largest aluminium producer. It might also lead to an increase in energy prices, which would have a knock-on effect on the aluminium sector due to the metal's high energy consumption. In response to a question about the hazards that a war would pose to the sector, Harvey stated that it may also disrupt demand. “That can very quickly impact the supply,” Harvey said in a call with analysts. President Joe Biden stated during a press conference on Wednesday that he believes...
Hindalco Industries Limited has continued to increase its aluminium ingot and aluminium products prices for the third time in a row, with effect from Thursday, January 20. Hindalco has raised its aluminium wire rod price by INR 3,000 per tonne from INR 268,100 per tonne on January 18 to INR 271,100 per tonne on January 20. The company’s aluminium billets price has also witnessed a hike of INR 3,000 per tonne to stand at INR 274,100 per tonne as of January 20. On January 18, the price stood at INR 271,100 per tonne, seeing an increase of INR 3,250 per tonne. With the latest increase, Hindalco's aluminium ingot price has come in at INR 260,000 per tonne, compared to INR 257,000 per tonne on January 18. Hindalco links its aluminium ingot and aluminium products prices to the three-month...
Aluminium stranded wire has the deficient resistance empowering long fences to be powered up, diminishing the number of energizers required. The flexibility feature offered by the stranded aluminium wire makes working with this wire easier during installation and upshots in a neat clean look on the fence without compromising the fence’s performance. The commodity also has usage in other segments immensely. The economy of Denmark is majorly dependent on service industries, trade, and manufacturing. The Scandinavian nation imported 6098 tonnes of aluminium stranded wire during 2019-21, attracting revenue expenditure of around $11.58 million for the import. The Danish import of aluminium stranded wire in 2019 was registered at 2545 tonnes, incurring revenue outflow of $6.49 million, whereas,...
The average alumina spot price in China has hiked for the ninth day in a row by RMB 53 per tonne to stand at RMB 3,060 per tonne, found the Shanghai Metals Market. In Henan and Guizhou, alumina spot price has surged by RMB 60 per tonne to close at RMB 3,085 per tonne and RMB 2,950 per tonne, while the price in Shanxi and Shandong has increased by RMB 50 per tonne and RMB 45 per tonne to settle at RMB 3,075 per tonne. However, the Australian alumina FOB price has remained restrained at US$348 per tonne, following the last two day of growth. Among the other primary aluminium input costs, caustic soda (32% concentration) price in Henan has moved up by RMB 50 per tonne to come in at RMB 2,650 per tonne. The average prices are expected to range between RMB 2,400-2,900 per tonne. But despite...
The Lizhong Sitong Light Alloys Group Co., Ltd. factory in Baoding City, Hebei Province, China, has received Aluminium Stewardship Initiative (ASI) Performance Standard accreditation for the design and manufacturing of alloys, metal additives, and fluxes. The company makes aluminium alloy sheet, strip, foil, tube, bar/billet, profile, wire, and castings for the transportation, packaging, electronic, and aerospace industries, among others. Lizhong Sitong Light Alloys Group Co., Ltd. has been successfully accredited against the ASI Performance Standard for responsible aluminium production, procurement, and stewardship, according to the Aluminium Stewardship Initiative (ASI). The firm, which specialises in the research, development, design, manufacturing, and sales of innovative intermediate...
The emerging company in the metals recycling industry, NOVA MET is mounting its secondary aluminium production facility in the Le Havre port area of France. The specialist in the collection and recycling of aluminium scrap, NOVA MET has now inked a land-use agreement with HAROPA PORT, while from January 2022 it will be commencing its recycled aluminium purification and preparation operations. Alexis Noyer, the Associate Director of NOVA MET said, “The agreement signed with HAROPA PORT is for us the start of a grand adventure and an opening out to the world via the sea. We are conscious of current ecological issues, and in our view, the circular economy offers a way of helping address tomorrow’s environmental challenges.” It is now very much known that the metal aluminium is 100%...
LME aluminium opened at US$3,012 per tonne on Wednesday and closed at US$3,053 per tonne, an increase of US$33 per tonne or 1.09%. On Wednesday, January 19, LME aluminium cash (bid) price hiked by US$30 per tonne or by 0.99% to peg at US$3,035 per tonne. LME aluminium official settlement price also showed a surge of US$30 per tonne or by 0.99% to settle at US$3,036 per tonne. 3-month bid price and 3-month offer price registered at US$3,026.50 per tonne and US$3,027 per tonne. December 23 bid price and December 23 offer price was recorded at US$2,733 per tonne and US$2,738 per tonne. LME aluminium opening stock stood at 878750 tonnes. Live warrants and Cancelled warrants for the same day was found to be 474675 tonnes and 404075 tonnes. LME aluminium 3-month Asian Reference Price closed at...
Rusal, the Russian aluminium giant, has reportedly announced the achievement of Aluminium Stewardship Initiative certification for its four additional production sites. The four sites include Rusal’s Kandalaksha aluminium smelter, two aluminium foil plants Sayanal and Armenal (Armenia), and Europe’s largest alumina refinery Aughinish at Ireland. They are certified against the ASI Performance Standard and Chain of Custody Standard certifications, bringing the total number of ASI Rusal certificates to 13. Some of the other nine Rusal facilities which were previously certified by ASI include Krasnoyarsk, Bratsk, Sayanogorsk, Irkutsk and Boguchansk. Rusal first joined the International Aluminium Stewardship Initiative in 2015. On the recent achievement of ASI certifications, Irina Bakhtina,...
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter outside of China, signed a Memorandum of Understanding (MoU) with Mitsubishi Heavy Industries EMEA Ltd. (MHI EMEA), a subsidiary of Mitsubishi Heavy Industries (MHI) Group, on January 19, 2022, to collaborate on ways to reduce Alba's carbon footprint. The MoU, which is the first of its kind with an aluminium producer, will lay the groundwork for a feasibility study on using MHI Group's CO2 capture from flue gas technology, developed in collaboration with Kansai Electric Power Co., to reduce Alba's plant emissions to achieve decarbonization. Alba's Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa and Kentaro Hosomi, CEO of MHI EMEA, were present at the signing ceremony, which was held at Al Dana Hall in...
National Aluminium Company Limited (NALCO) has hiked its aluminium ingot and aluminium products prices for the third time in a row, with effect from Wednesday, January 19. The company has raised its aluminium ingot price by INR 5,300 per tonne to the range INR 254,850-258,350 per tonne. On Friday, January 14, NALCO’s aluminium ingot price stood at INR 249,550- 253,050 per tonne, seeing a rise of INR 2,100 per tonne. With the latest hike, NALCO’s aluminium wire rod price came in at INR 257,350-261,700 per tonne, up by INR 5,300 per tonne from INR 252,050- 256,400 per tonne on January 14. The company’s aluminium billets price also saw a surge of INR 5,300 per tonne from INR 253,000- 255,650 per tonne to INR 258,300- 260,950 per tonne, as of January 19. NALCO links its aluminium ingot and...
Work on Alcoa Brasil's Filtro Prensa project began in August 2021 at the company's Poços de Caldas alumina refinery, which is fed by a captive adjacent bauxite mine. It is R$310 million (US$55 million) investment that will fully transform the waste disposal system at the Minas Gerais facility. The construction was projected to take 15 months and employ roughly 500 people at its peak, with an opening date set for November 2022. The project took approximately seven years to complete. A new bauxite residue filtering plant will change how the refinery manages bauxite residue, which is mostly made up of red mud and coarse sand and is a byproduct of the alumina refining process. The coarse sand fraction (red sand) makes up about 40% of the residual, whereas the fine silt fraction makes up about...
On Tuesday, January 18, Novelis Inc., the world leader in aluminium rolling and recycling, announced that the 99% recycled aluminium content in three of its alloys produced for the building and construction industry has independently been approved by GreenCircle. The certification includes Novelis’ 3105, 3004, and 3025 alloys, produced at its Davenport, Iowa; Richmond, Virginia; and Uhrichsville, Ohio plants. These alloys are used for producing flat-rolled aluminium sheets containing 77% to 99% recycled content, destined for commercial transportation and building & construction sectors. "At Novelis, recycling and sustainability are central to our values, business model and purpose of shaping a sustainable world together," said Ganesh Panneer, Vice President, Operations, Novelis North...
According to the US Geological Survey (USGS), the United States imported 31,900 tonnes of US aluminium crude metals and alloys from United Arab Emirates (UAE) in October 2021, showing a month-on-month upward movement of 16,300 per tonne or by 104.48%. In September 2021, 15,600 tonnes of US aluminium crude metals and alloys were imported from UAE, showing a decline of 15,000 per tonne from 30,600 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from UAE in October climbed up by 8,600 tonnes or by 26.95% from 23,300 tonnes in October 2020. From January to October, the imported aluminium crude metals and alloys from UAE clocked at 285,000 tonnes. For the same period last year, the amount registered at 273,000 tonnes. As per the data shared...
The Aluminium Stewardship Initiative has certified OETINGER Aluminium against the Performance Standard Certification with Provisional status for the production of aluminium alloys from scrap and recycled materials at Weißenhorn and Neu-Ulm plants in Germany. The two plants together produce nearly 180,000 tonnes per year of aluminium. OETINGER Aluminium recycles scrap and refines it into aluminium alloys, in the form of liquid and solid. The alloys produced at the plants are destined for the automotive engineering, mechanical engineering, and electrical industries. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate OETINGER Aluminium on achieving ASI Performance Standard Certification with Provisional status. The company is an essential link in the value chain,...
According to the Shanghai Metals Market, the average alumina spot price in China has moved up by RMB 35 per tonne to close at RMB 3,007 per tonne, as of Wednesday, January 19. In Henan and Shanxi, the average alumina spot price has ascended by RMB 30 per tonne to clock at RMB 3,025 per tonne. On the other hand, in Lianyungang and Bayuquan the price has stepped up by RMB 25 per tonne to register at RMB 3,000 per tonne and RMB 3,050 per tonne. The average alumina spot price in Shandong has increased by RMB 30 per tonne to stand at RMB 3,030 per tonne. In Guizhou and Giangxi, the price has hiked by RMB 40 per tonne and RMB 85 per tonne to come in at RMB 2,890 per tonne and RMB 2,925 per tonne. On Wednesday, January 19, the Australian alumina FOB price has inched up by RMB 1 per tonne to...
