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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On Friday, January 14, the benchmark aluminium price slipped by US$44 per tonne or by 1.30% to close at US$3,339 per tonne. The most-traded SHFE 2202 aluminium closed down 1.27% or RMB 275 per tonne to RMB 21,375 per tonne, with open interest down 11765 lots to 172829 lots. Overnight, the most-traded SHFE 2202 aluminium contract opened at RMB 21,515 per tonne, with the highest at RMB 21,535 per tonne before closing at RMB 21,305 per tonne, down RMB 280 per tonne or 1.3%. LME aluminium price LME aluminium opened at US$2,950.5 per tonne on Thursday and closed at US$2,958 per tonne, an increase of US$13 per tonne or 0.44%. On Wednesday, January 12, both LME aluminium cash (bid) price and LME aluminium official settlement price moved up by US$54 per tonne and US$53 per tonne, to stand in at...
Renewable energy, which is commonly referred to as clean energy, as it is derived from natural sources or processes that are continuously replenished, for instance, sunlight keeps shining and the wind keeps blowing, even though their obtainability banks on time and weather. The biggest aluminium producer and VAP maker of India, Vedanta’s Aluminium business has ranked as the largest industrial consumer of renewable energy (RE) in 2021, leading renewable energy procurement on India’s power exchanges – Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). The Indian commodity tycoon, Anil Agarwal led Vedanta Aluminium procured about 2 billion units of RE power in the year 2021 for consumption at its aluminium smelter in Jharsuguda, Odisha. Consequently, it contracted GHG...
According to the Shanghai Metals Market, aluminium billet inventories in China surged by 27,300 tonnes week-on-week across five major consumption areas. As a result, the inventories recorded at 140,500 tonnes, as of Thursday, January 13. With the exception of Huzhou, inventories increased in all of the key production locations. On a weekly basis, Foshan's inventory increased by 20,300 tonnes, or 38.67%, while Wuxi's inventory increased by 6,400 tonnes, or 36.16%. The imports of aluminium billets were concentrated, according to the warehouses, but outflows from warehouses declined sharply as downstream orders were lacklustre ahead of the Chinese New Year. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium...
According to the Shanghai Metals Market, social inventories of primary aluminium in China have continued to decrease by 52,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Further plunge has brought the inventories to 724,000 tonnes as of Thursday, January 13, mainly contributed by Shanghai, Wuxi, Nanhai, Hangzhou, and Gongyi. Last week, on January 6, China’s primary aluminium inventories shrank by 23,000 tonnes to come in at 776,000 tonnes. The chart below indicates the current status of primary aluminium inventories across China in more details: In Wuxi, primary aluminium inventories have plunged by 33,000 tonnes on week to stand at 242,000 tonnes as of January 13, followed by the decline of 8,000 tonnes in Gongyi to come in at 67,000 tonnes. In...
Due to persistent shortages, Tomago Aluminium is compelled to prepare numerous backup plans for the supply of crucial materials to keep the country's largest aluminium smelter operational. CEO Matt Howell anticipates the shortages to last for a long time. “Anything that comes by a container is being delayed,” said Mr Howell about the supply chain issues that are delaying supplies of boots, apparel, chemicals, and other specialty raw materials and components to the NSW factory “We’ve got an amazing procurement team that has really looked forward for months, to like, if this particular supply line no longer works, where do we get it? What’s our plan A, what’s our plan B, what’s our plan C? So we haven’t run out of anything. That’s purely as a result of the fantastic work that our...
As the year 2021 ends, AlCircle brings its latest report - Aluminium Industry Recap 2021, summarising the important changes throughout the year. The report highlights the major inventions, expansions, growth, investments, and other important legislative changes that reshaped the global aluminium sector value chain 2021. All the events mentioned in the recap are analysed analytically to ensure the readers with a critical comprehension of all the movements that had taken place in the aluminium value chain in the said year. Overall, 2021 was a year of recovery from the devastation caused by the COVID-19 pandemic of 2020. To begin with, according to the International Aluminium Institute, the world primary aluminium production amounted to 61.792 million tonnes during January-November 2021,...
Hindalco Industries Limited has further hiked its aluminium ingot and aluminium products prices in line with the LME aluminium benchmark price surge yet again above US$3,000 per tonne. With effect from Thursday, January 13, Hindalco has increased the aluminium ingot price by INR 4,250 per tonne to INR 255,250 per tonne. On Wednesday, January 12, the company’s aluminium ingot price stood at INR 251,000 per tonne seeing a rise of INR 1,500 per tonne. The latest hike has brought the company’s aluminium wire rod price to INR 266,350 per tonne on January 13, compared to INR 262,100 per tonne on January 12. Hindalco’s aluminium billets selling price is hovering around INR 269,350 per tonne as of January 13, up by INR 4,250 per tonne from INR 265,100 per tonne on January 12. Hindalco links its...
The metal aluminium is transformed in making into several products for our daily purposes like aluminium foils is one of them. The foil made from aluminium is again utilized in multiple ways, as the wrapping of food items due to its character of barring complete light and oxygen, while keeping intact its original taste. The largest country both in South and Latin America, Brazil exported 131,268 tonnes of aluminium foil during 2019-21, incurring an inward revenue flow of around $420.79 million from the export. CBA, the largest producer of aluminium in Brazil is also one of the biggest exporters of aluminium foil. On 28 th April 2021, the US Department of Commerce announced its affirmative preliminary determinations in the antidumping duty investigations of aluminium foil from multiple...
On Thursday, January 13, the average alumina spot price has inched by RMB 4 per tonne to stand at RMB 2,849 per tonne, found the Shanghai Metals Market. The average alumina spot price in Shandong, Henan and Shanxi has hiked by RMB 5 per tonne to total at RMB 2,900 per tonne, RMB 2,865 per tonne and RMB 2,875 per tonne, for the same day respectively. On the other hand in Guizhou, the price has remained restrained to peg at RMB 2,740. In Lianyungang and Bayuquan, the price has moved up by RMB 15 per tonne to register at RMB 2,940 per tonne and RMB 2,990 per tonne. In Guangxi, the price has climbed up by RMB 20 per tonne to close at RMB 2,720 per tonne. The Australian alumina FOB price has remained the same since December 15, 2021. However, on Thursday, January 13, the Australian alumina FOB...
The Indian state-owned National Aluminium Company Limited (NALCO) has attained so far another landmark in aluminium smelting. The integrated aluminium company has gainfully put into operation all the 960 potlines at its existing aluminium smelter located at Angul, Odisha. On 12 th January 2022, the CMD of Nalco, Sridhar Patra officially functionalized the 960 th pot by virtually switching from the NALCO Corporate Office, Bhubaneswar, Odisha. Nalco in its long journey of 41 years eventually achieved operation of 100% pots in aluminium smelter for the first time in history. The CMD congratulated the Nalco team for making dynamic efforts in hard times for dream realization and missioning it a breakthrough moment. He applauded all the stakeholders for their support which has fuelled Nalco to...
LME aluminium opened at US$2,976 per tonne on Wednesday and closed at US$2,945 per tonne, a decrease of US$38 per tonne or 1.27 per cent. On Wednesday, January 12, both LME aluminium cash (bid) price and LME aluminium official settlement price yet again crossed US$3,000 per tonne by gaining US$54 per tonne and US$53 per tonne, respectively. While the former stood at US$3,002 per tonne, the latter came in at US$3,003 per tonne. 3-month bid price and 3-month offer price also settled higher at US$3,012 per tonne and US$3,014 per tonne, respectively. December 22 bid price and December 22 offer price totalled at US$2,775 per tonne and US$2,780 per tonne. LME aluminium opening stock decreased to 898525 tonnes. Live warrants and Cancelled warrants closed at 512950 tonnes and 385575 tonnes. LME...
In October 2021, India imported 56,400 tonnes of aluminium scrap from the United States, found the Shanghai Metals Market. That was an increase of 10,300 tonnes or 22.34 per cent from 46,100 tonnes in September. In August, India imported 45,300 tonnes of aluminium scrap, meaning the imports in September had seen a month-on-month growth of 1.77 per cent only. On a year-on-year calculation, India’s aluminium scrap imports in October 2021 recorded a hike of 17,700 tonnes or 45.74 per cent from 38,700 tonnes. In three month time, India’s aluminium scrap imports from the US amounted to 147,800 tonnes, found the US census bureau data. From January to October, India imported 351,000 tonnes of scrap in total from the United States, registering a surge of 42.68 per cent from 246,000 tonnes during...
The Japanese manufacturer of precious metals materials, TANAKA Holdings that focuses majorly on products for the electronics, semiconductor and automotive industries has publicized its subsidiary TANAKA Denshi Kogyo is planning to set up a new plant in the Chinese city of Hangzhou to boost the production capacity of aluminium bonding wires for power semiconductors. However, the plant is scheduled to begin operations in November 2022. The establishment of this new plant forms part of TANAKA Denshi Kogyo's plans to augment its production capacity for aluminium bonding wires by approximately three-fold by 2025 to meet the growing global demand associated with the growth of power semiconductors. Since 2001, TANAKA Denshi Kogyo has been manufacturing various bonding wires and providing...
Summerland is the latest community in the South Okanagan to catch the eye of Green Hydrogen Power (GH), a Toronto-based firm planning to establish a plant that transforms waste aluminium into hydrogen and heat for use as an energy source. The firm, formerly Frontenac Energy, presented its green-energy strategy to the Penticton council in August and then paid a visit to the Summerland council on Monday. The two municipalities run their electrical systems, which is unusual in British Columbia. VP of business Steve Neil described hydrogen as an "essential pillar" for achieving net-zero emissions, estimating market size of $2.5 trillion. "We plan to be a big part of that in this country and beyond," said Neil. The unique method and procedure transform scrap aluminium — everything from...
The North African nation, Algeria which is heavily dependent on the petroleum economy, has been straggling behind since the drop in oil prices in 2014. However, the World Bank ranks Algeria as an upper-middle-income nation. The Gross Domestic Product (GDP) was worth $145.16 billion in 2020, according to official data from the World Bank. Algeria imported aluminium bar rods and profiles of 17,118 tonnes during 2019-21, accounting for revenue expenditure of around $53.28 million. These aluminium products are heavily consumed in the construction and other sectors of the nation. In 2019, the Algerian import of aluminium bar rods and profiles was documented at 7009 tonnes, attracting expenditure of $22.33 million, whereas, in 2020, the import saw a downfall of 5.83%, as the import volume...
Novelis Inc., an American industrial aluminium company, has reportedly announced its plan to invest $365 million to build a highly advanced recycling centre for automotive in North America. The project, to be built adjacent to Novelis’ existing automotive finished plant in Guthrie, Kentucky, will have an annual casting capacity of 240,000 tonnes of sheet ingot, reducing the company’s carbon emissions by more than 1 million tonnes each year. The centre will enable Novelis to grow its closed-loop-recycling programme with more automotive customers in North America. Through closed-loop recycling, remaining aluminium is collected after automotive parts being stamped from sheets and used to remake the same product for new vehicle production. The centre will also have the capability to process...
Aluminium prices are reaching new highs for European consumers as a result of rising energy costs and production cuts, which have worsened metal shortages in the power, building, and packaging industries. Consumers who buy aluminium on the physical market normally pay the London Metal Exchange's benchmark price — roughly $2,950 per tonne on Tuesday — plus a physical market premium that often covers transportation expenses and taxes. However, due to shortages, dealers and manufacturers with inventories may fetch a far higher premium, which has risen nearly 30% to a record $428.75 per tonne in Europe since the start of 2022. “With around 650,000 tonnes of capacity cut so far in Europe, we believe that another 900,000 tonnes of output is at risk of closing down fully or partially,” said...
The President of the nation on South America’s North Atlantic coast, Guyana, Dr Irfaan Ali, had a dialogue with his neighbouring country Brazil in regards to the oil and gas industry and bauxite mining before the visit of Jair Bolsonaro, the President of the largest country in South America, which is slated towards the later part of this month. On 10 th January 2022, the President of the two bordering countries held a teleconference, according to the official statement released by the office of the Guyanese President. Dr Ali highlighted that Guyana desires to have a firm strategic partnership with its Portuguese-speaking neighbours during the conference while focusing on several key points. As per the statement released by the office of the President, the two Presidents held a...
