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
Hindalco Industries Limited has continued to increase its aluminium ingot and aluminium products prices for the fourth time in a row, with effect from Wednesday, January 12. The company’s aluminium ingot price has witnessed an increase of INR 1,500 per tonne to INR 251,000 per tonne, compared to INR 249,500 per tonne on January 7. Hindalco’s aluminium wire rod price has also been grown by INR 1,500 per tonne on January 12 from INR 260,600 per tonne to INR 262,100 per tonne. With the latest hike, Hindalco’s aluminium billets price has come in at INR 265,100 per tonne from INR 263,600 per tonne. Hindalco links its aluminium prices to the three-month future of aluminium on the London Metal Exchange, which has been growing incessantly since the onset of January 2022. From January 7 to 11, the...
The average alumina spot price in China has continued to grow by RMB 4 per tonne to come in at RMB 2,845 per tonne on Wednesday, January 12, found the Shanghai Metals Market. In Shandong, the price has increased by RMB 15 per tonne to RMB 2,895 per tonne, followed by the rise of RMB 5 per tonne in Shanxi and Henan to stand at RMB 2,870 per tonne and RMB 2,860 per tonne, respectively. Meanwhile, in Guizhou, alumina spot price has declined by RMB 10 per tonne to come in at RMB 2,740 per tonne, as of January 12. The Australian alumina FOB price has remained restrained at US$345 per tonne on January 12, according to SMM. China’s A00 aluminium ingot price has climbed by RMB 60 per tonne to come in at RMB 21,670 per tonne on January 12, learned SMM. The average prices are expected to range...
LME aluminium opened at US$2,953.5 per tonne on Tuesday and closed at US$2,983 per tonne, an increase of US$50 per tonne or 1.7%. On Tuesday, January 11, LME aluminium cash (bid) price hiked by US$26 per tonne or by 0.88% to peg at US$2,948 per tonne. On the other hand, LME aluminium official settlement price also showed a surge of US$27 or by 0.92% to register at US$2,950 per tonne, for the same day. 3-month bid price and 3-month offer price clocked at US$2,960 per tonne and US$2,962 per tonne. December 22 bid price and December 22 offer totalled at US$2,727 per tonne and US$2,732 per tonne. LME aluminium opening stock closed at 902850 tonnes. Live warrants and Cancelled warrants closed at 516425 tonnes and 386425 tonnes. LME aluminium 3-month Asian Reference Price came in at US$2,958.62...
The first and one of the largest downstream aluminium facilities in the Middle East for rolling, cutting and fabricating aluminium, the Bahrain-based Gulf Aluminium Rolling Mill B.S.C (“GARMCO”) notified that it has reached a final agreement with the group of Creditors to ensure continuity of the Company’s functionalization. Garmco had encountered financial distress due to global economic conditions and following the issuance of Law No. 22 of the year 2018 ‘Promulgating the Reorganization and Bankruptcy Law’, the Company’s General Assembly resolute to benefit from the provisions of the law by filing a reorganization case. Accordingly, the company became one of the first companies to file for reorganization under the new reorganization and bankruptcy law. However, the purpose of the law is...
The purchase of the Warrick, Missouri, smelter and rolling mills by California-based Kaiser Aluminum is mentioned as a positive element on its sustainability scorecard in the company's 2020 sustainability report. “Our Warrick rolling mill is one of only four dedicated rolling mills in North America for beverage and food packaging and is the first facility of its type in this market to achieve Aluminium Stewardship Initiative Performance Standard certification for responsible sourcing and stewardship of aluminium,” stated Kaiser president and CEO Keith A. Harvey. “Customers and their customers have established sustainability targets to increase the recycled content from the industry-leading 73 percent to ensure aluminium beverage cans and bottles remain the most sustainable packaging on...
According to a new study, the growing use of electric vehicles (EVs) in global transportation is excellent for aluminium manufacturers like Hindalco but bad for steel producers. For investors interested in metal equities, global investment firm Jefferies predicts Hindalco's stock price to return roughly 30% higher than rival steel manufacturers Tata Steel and JSW Steel. Aluminium is the cheapest and lightest metal utilised in the production of electric vehicles, as well as in the aerospace sector, where it helps decrease total structure weight while preserving structural strength. According to reports, the average non-EV automobile consumes 50-70 kilogrammes (kg) of aluminium per year, whereas a motorbike consumes 20-30 kg. Each electric vehicle is estimated to have roughly 250 kg of...
As per the overview of the World Bank, Iraq remains on the list of countries that are heavily or mostly dependent on oil production and export. In the last few decades, its oil revenues have shouldered for more than 99% of exports, 85% of the government’s budget, and 42% of GDP. However, this uncurbed dependence on oil has forced the country towards macroeconomic volatility, while budget rigidities restrict fiscal space and any opportunity of countercyclical policy. The economy is steadily recoiling from the double oil and COVID-19 impacts of 2020. In H1 2021 GDP grew by 0.9% Y-o-Y. The non-oil economy grew by over 21% in H1-21 (y/y), owing to a robust performance in the services sectors as COVID-19 containment measures were relaxed, supported by a drive in the vaccination campaign. The...
On Tuesday, January 11, the average alumina spot price in China has increased by RMB 12 per tonne to stand at RMB 2,841 per tonne. In Shandong, the price has inched up by RMB 5 per tonne to peg at RMB 2,880 per tonne. On the other hand, in Henan and Shanxi, the price has hiked by RMB 10 per tonne and RMB 15 per tonne. The price for the same has been recorded at RMB 2,855 per tonne and RMB 2,865 per tonne. The average alumina price in Lianyungang and Bayuquan, the price has climbed up by RMB 35 per tonne and RMB 50 per tonne to register at RMB 2,925 per tonne and RMB 2,975 per tonne. The A00 aluminium ingot price has soared up by RMB 390 per tonne to clock at RMB 21,610 per tonne. The average price is expected to orbit between RMB 21,590 per tonne and RMB 21,630 per tonne, with spot...
The French water company Evian has launched its first-ever sparkling water and stated, “H20 lovers can enjoy a natural mineral water complete with delicate sparkles.” The availability of the Evian sparkling water will be in both packaging formats recyclable – 33cl aluminium can and a 100% recycled one-litre PET plastic bottle. Shweta Harit, the Vice President of Marketing at Evian said, “Evian Sparkling represents new possibilities for the brand, as we reimagine our uniquely sourced water into an exciting new product.” "Available for the first time in recyclable aluminium cans, this latest innovation demonstrates our longstanding pioneering spirit that runs through everything we do at Evian.” She further added, “This new product contains the perfect level of sparkles with its fine bubbles...
LME aluminium opened at US$2,920 per tonne on Monday and closed at $2,933 per tonne, an increase of US$10.5 per tonne or 0.36 percent. On Monday, January 10, LME aluminium cash (bid) price inched up by US$3 per tonne or by 0.10% to settle at US$2,922 per tonne. On the other hand, LME aluminium official settlement price also increased by US$3.5 per tonne or by 0.11% to close at US$2,923 per tonne. 3-month bid price and 3-month offer price for the same was recorded at US$2,934 per tonne and US$2,934.50 per tonne. December 22 bid price and December 22 offer price was registered at US$2,693 per tonne and US$2,698 per tonne. LME aluminium opening stock pegged at 911500 tonnes. Live warrants and Cancelled warrants stood at 536175 tonnes and 375325 tonnes. LME aluminium 3-month Asian Reference...
The Romanian aluminium producer, Alro publicized that Vimetco Extrusion (VE), its downstream arm managing the extrusion business line, initiates the implementation of a new investment project focused on modernizing and enhancing production capacity. This sustainable business development project, which takes place between July 2021 and June 2023, has a total value of EUR 3.85 million, while its primary intent is to apply innovation in one of VE's main processes. Now, for this reason, the company will acquire an automatic packaging line for the extruded aluminium profiles to improve competitively by applying "green steps” for the extruded profiles production. However, this project will benefit from a grant of EUR 1.85 million (48% of the project value), from Iceland, Lichtenstein, and...
Taishet Aluminium Smelter (TaAZ), RUSAL's first phase of what it claims is the world's most modern low-carbon aluminium manufacturing plant, opened in Siberia. The state-of-the-art smelter claims to be one of the cleanest in the world, since it runs on clean energy from Siberian hydroelectric power plants, and has a low environmental effect thanks to advanced gas cleaning technology and a closed water circulation system. CO2 emissions from the entire project will be among the lowest in the industry. Verifications and testing for the pre-operation phase will begin today. TaAZ is RUSAL's third low-carbon aluminium smelter, with a total cost of more than $1.69 billion and over 1,000 local jobs. The smelter is planned to produce 428.5 thousand tonnes of low-carbon aluminium per year in its...
In December (31 calendar days) 2021, China produced 3.18 million tonnes of aluminium, which was 3.17 per cent less than a year ago but 3.58 per cent more than 3.07 million tonnes in November 2021, found the Shanghai Metals Market data. The daily average output was 102,400 tonnes, up 100 tonnes per day month-on-month. The improvement in aluminium production in December could be a result of the rise in operating capacity. Some aluminium smelters in Inner Mongolia, Yunnan, and Shanxi increased their output, resuming the production of a total capacity of around 240,000 tonnes. In the entire year of 2021, China’s aluminium production was reported at 38.49 million tonnes, up 3.7 per cent year-on-year. According to the Shanghai Metals Market, liquid aluminium accounted for 65.5 per cent of the...
The liberal, federalist political party in Scotland, Scottish Liberal Democrats asserted that Sanjeev Gupta’s GFG Alliance has comprehended the valuation of Lochaber aluminium smelter scaled up by£100 million, which was acquired from Rio Tinto Alcan and a very small amount was further invested. Willie Rennie, the party’s spokesman for the economy said, “Sanjeev Gupta's collection of businesses in the energy, steel and trading paid £330m in 2016 for the aluminium smelter and hydro-electric plant in Fort William.” “They are currently valued at £438m - making the businessman a gain of £108m - with very little investment or effort from the company.” The Scottish Government also backed GFG Alliance’s acquisition of the aluminium smelter with a guarantee nominally valued at £586m. “GFG Alliance...
At this digital technology education complex designed by London studio Coffey Architects for City College Norwich in Norfolk, white perforated metal panels generate a sensation of "light and airiness." The Digi-Tech Factory, including robotics laboratories, digital studios, classrooms, and support areas, houses the college's technology, engineering, and design courses in one facility. Coffey Architects employed off-the-shelf components for the structure, including an exposed steel frame, composite panels, and glass-encased by a perforated aluminium shell, in the spirit of industrial architecture. The aluminium shell defines a covered outdoor plaza and terraces surrounding the structure, which is raised one level on steel columns and placed away from the building's thermal envelope. The...
According to the recent data shown by the US Geological Survey, domestic primary aluminium production in the country in October 2021 was 76,000 tonnes. That was an increase of 4,000 tonnes or 5.55 per cent from 72,000 tonnes in September 2021 and a marginal rise of 1,000 tonnes from 75,000 tonnes in October 2020. The average daily production was 2,460 tonnes, up by 2.93 per cent M-o-M from 2,390 tonnes and 1.23 per cent more year-on-year from 2,430 tonnes. Total aluminium recovered from scrap in October 2021 was 269,000 tonnes, less by 3,000 tonnes or 1.1 per cent from 272,000 tonnes a month ago. On a year-on-year calculation, the recovered aluminium in October was down by 2.89 per cent from 277,000 tonnes. Of the total aluminium recovered, 141,000 tonnes were from new scrap and 128,000...
Alumina is the prime material for the production of aluminium ingots which feature light-weight, high fluidity, high dissolvability and strong absorption of fluorine. It is also used in applications such as industrial and medical ceramics, sandpapers, pigments, cosmetics and pharmaceuticals. The mounting development in the demand for aluminium has given an extra mileage growth to the aluminium industry in the last two decades. This has propelled the need for alumina as raw material, forcing to build of more alumina refineries or expansion of the existing plant’s production capacity. The financial year of 2020 signified that China-based Chalco remained as the largest alumina producing company, producing some around 14.53 million tonnes of alumina, followed proximately by the American...
Indonesian President, Joko Widodo stated that the government will continue to enforce the restriction on the export of raw mining commodities. “After nickel, [we will ban] bauxite export. The regulation is being finalized. We are preparing a smelter,” said Joko Widodo. Following bauxite, the President claimed that the administration tried to prohibit tin and copper shipments. Through the Energy and Mineral Resources Ministerial Regulation No. 11 of 2019, signed by then-Minister Ignasius Jonan on August 28, 2019, the government restricted nickel ore exports on January 1, 2020. “It's already been 19 months of the surplus trade balance. Where did that come from? From stopping nickel exports. The figure was recorded at US$20.8 billion. In the past, the nickel ore exports were at least US$2...
