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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National Aluminium Company Limited (NALCO) has significantly increased its aluminium ingot and aluminium products prices with effect from Friday, January 7, following a cut on January 1. The hike is in line with the LME aluminium benchmark price rise by US$50.50 per tonne on January 5. NALCO’s aluminium ingot price has seen a surge of INR 9,100 per tonne to stand at INR 247,450- 250,950 per tonne as of January 7. On January 1, the metal price ranged between INR 238,350–241,850 per tonne after a cut of INR 4,200 per tonne. NALCO’s aluminium wire rod price has come in at INR 249,950- 254,300 per tonne on January 7, also up by INR 9,100 per tonne from INR 240,850-245,200 per tonne on January 1. Aluminium billets price is currently hovering around INR 250,900- 253,550 per tonne, compared to...
According to the International Aluminium Institute, alumina production in South America stood at 945,000 tonnes in November 2021, a decrease of 40,000 tonnes or 4.06 per cent from a month ago. In October, the output in South America was 985,000 tonnes, which was up by 12.70 per cent from 874,000 tonnes in September. On a year-on-year calculation, alumina production in South America during November 2021 was 35,000 tonnes or 3.57 per cent lower than 980,000 tonnes. From January to November 2021, South America’s alumina production totalled 11.107 million tonnes, up by 4.04 per cent from 10.676 million tonnes a year ago. In North America, alumina production in November 2021 amounted to 209,000 tonnes, down by 2,000 tonnes month-on-month from 211,000 tonnes. In September, alumina output in...
In the south-eastern European nation, Romania, a total of four aluminium component manufacturers for global aerospace organisations like Airbus, Boeing and Bombardier, which are managed by the Swiss group Montana Tech Components AG, is highly depressed, as their energy provider has forced them to accept towards paying of higher power prices in comparison to those documented in the agreements that are bonafide until mid-2022. The largest privately held energy company in Romania, Tinmar Energy has already billed an invoice, which reveals that it is Quadruple higher than printed in the contract and craving to enforce the new price w.e.f. 1 st January 2022, or can move to terminate the agreements. Tinmar Energy exemplified by saying, “The market conditions have changed, therefore the price...
The environment around North Korea's only aluminium smelting and alloying industry, the Bukchang Aluminum Factory, is fast degrading. Toxins are being discharged straight into the air since the factory's dust scrubbers are allegedly no longer operating as the facilities degrade. On Wednesday, December 5, a daily NK source stated that the dust from the Bukchang Aluminum Factory lead to the recent surge in respiratory sickness and dermatitis in the nearby regions. People are unable to open their windows because the ashy dust enters their houses, and dust collects inside no matter how often they clean. Apart from the surrounding region, the dust from the Bukchang Aluminum Facility also moved to the urbanised areas with multiple offices, shops, schools, and houses, affecting local...
According to the Shanghai Metals Market, A00 aluminium ingot price in China has continued to hike for the third day in a row to exceed RMB 21,000 per tonne. Data shows the price has surged by RMB 300 per tonne on Friday, January 7, to close the week at RMB 21,040 per tonne. The average prices are expected to range between RMB 21,020 per tonne and RMB 21,060 per tonne, with spot contract to be traded at a premium price of RMB 50-90 per tonne, up by RMB 30 per tonne from the previous day. In Gongyi, A00 aluminium ingot price has jumped by RMB 310 per tonne to stand at RMB 20,940 per tonne, followed by the surge of RMB 290 per tonne in Wuxi to RMB 21,030 per tonne, found SMM. In Tianjin, the primary aluminium ingot price has climbed by RMB 280 per tonne to RMB 21,020 per tonne, while the...
The proactive National Apex Chamber working at the grass-root level and with strong national and international linkages, PHD Chamber of Commerce and Industry (PHDCCI) has urged govt. of India to brush up on the cost structure of the Indian aluminium industry and boost competitiveness in the upcoming Union Budget 2022. However, Nirmala Sitharaman, the Finance Minister of India is scheduled to present the Budget 2022-23 by the next month. PHDCCI, the chamber that acts as a catalyst in the promotion of industry, trade and entrepreneurship has recommended in its pre-Budget memorandum to reduce 2.5% of the basic customs duty on the critical raw materials like - Calcined Petroleum Coke, Raw Petroleum Coke, Caustic Soda Lye, Aluminium Fluoride and Green Anode/ Pre-Baked Carbon Anode. The PHD...
In December 2021, Robert Montague, the Transport and Mining Minister of Jamaica formally commissioned Belle Tierre Reservoir in St. Ann into the service. The waterbody was built by Noranda Jamaica Bauxite Partners, at an estimated cost of US$800,000. The rainwater harvesting facility is located on Noranda’s bauxite mining lands and can stock around 17 million gallons of water that will be used to wet the roads and confront the dust problem. The Jamaican minister highlighted that the adjoining society that has lamenting for years will now have to grapple with a lesser amount of dust due to an escalation of water sprinkling on the roads, as the company will be using around 70,000 gallons of water per day to keep the roads wet. He further added, “So, it is a major investment by Noranda in...
With its joint venture partner, Alcoa Corporation, South32 (S32) plans to reactivate the Alumar aluminium smelter (Brazil Aluminium). The first production is scheduled for the June 2022 quarter, with a maximum capacity of 447,000 tonnes per annum from its three potlines projected in the March 2023 quarter. South32 forecasts its aluminium production to expand by 16% to 1.26 million tonnes per year once it is fully operational. South32 has announced that it plans to invest roughly US$70 million (A$97 million) in FY22 and FY23 to assist the resumption of Brazil Aluminium, which has been on care and maintenance since 2015. South32 has also stated that its 40% stake in Brazil Aluminium would be entirely powered by cost-effective renewable energy. CEO Grahan Kerr is looking forward to resuming...
Hindalco Industries Limited has back-to-back increased its aluminium ingot and aluminium products prices, with effect from Thursday, January 6, 2021. The company’s aluminium ingot price has come in at INR 246,000 per tonne, up by INR 1,250 per tonne from the previous day. On Wednesday, January 6, Hindalco’s aluminium ingot price stood at INR 244,750 per tonne increasing by INR 1,750 per tonne. Hindalco’s aluminium wire rod price has also seen a rise of INR 1,250 per tonne on January 6 to stand at INR 257,100 per tonne. On January 5, the company’s aluminium wire rod price stood at INR 255,850 per tonne compared to INR 254,100 per tonne on January 1. Hindalco’s aluminium billets price has totalled INR 260,100 per tonne as of January 6, compared to INR 258,850 per tonne on January 5....
According to the Shanghai Metals Market, aluminium billet inventories in China hikes by 32,900 tonnes week-on-week across five major consumption areas. As a result, the inventories registered at 113,200 tonnes, as of Thursday, January 6. On a weekly basis, inventories in the five major markets all increased, with Foshan and Huzhou seeing the largest increases. Inventory in Foshan increased by 14,700 mt, or 38.89%, over the previous week, while inventory in Huzhou increased by 10,000 mt, or 71.43%. The arrivals of aluminium billets have recently been high, according to the warehouses. The downstream industry, on the other hand, saw fewer orders as the Chinese New Year approached. The overall volume of aluminium billet trades has been low. The chart below indicates the current status of...
According to the Shanghai Metals Market, social inventories of primary aluminium in China have decreased for the seventh week in a row by 23,000 tonnes across eight major consumption areas, including SHFE warrants. Thus, the inventories have come in at 776,000 tonnes as of Thursday, January 6. Last week on December 30, primary aluminium inventories plunged by 65,000 tonnes to stand at 799,000 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 11,000 tonnes week-on-week to stand at 275,000 tonnes as of January 6, followed by the decline of 5,000 tonnes in Gongyi to stand at 75,000 tonnes. In Nanhai and Shanghai, primary aluminium inventories have decreased by 4,000 tonnes...
The metal aluminium is an excellent heat and electricity conductor and in correlation to its weight is almost the least when compared to steel and copper and hence aluminium is a preferred metal today for household articles. It is also a superb heat sink for many applications that require heat to be drained away rapidly. However, aluminium reacts with oxygen present in the air to form a thin layer of aluminium oxide, which is very stable and prevents further reaction of aluminium with oxygen. The Netherlands, a small country in north-western Europe imported 62,314 tonnes of aluminium household articles during 2019-21, attracting revenue expenditure of around $312.57 million. In 2019, the iconic nation, Netherlands imported 15,610 tonnes of aluminium household articles, incurring...
According to a recent report, the premium for aluminium shipments to Japanese buyers for January to March 2022 is agreed at $177 per tonne, down by 20 per cent from the previous quarter, in line with weaker domestic spot premiums and overseas prices. The news came after six sources directly involved in pricing talks reported this. In the last quarter ended December 31, 2021, the premium was set at $220 per tonne increase by 19 per cent from $185 per tonne in the September quarter. That had marked a hike in the premium for the fifth consecutive quarter and the highest since the June quarter of 2015. The decline in Q1 2022 premium has reportedly marked the first quarterly drop in six, even lower than the initial offers of $193-195 per tonne. In November-end, a major aluminium manufacturer...
Slovakia launched a new deposit return system for aluminium cans to increase its recycling rate, this year. In Slovakia, almost 1.5 billion aluminium beverage containers are sold each year. The government believes now is a suitable moment to integrate them into the drop-off recycling system that already exists for plastic bottles. The payout for each can has been set at 15 Eurocents. Slovakia is deploying 1700 reverse vending machines at collection stations throughout around 2000 establishments to collect, sort, and manage the return of aluminium cans. Tesco, a grocery business, is a popular hangout. The take-back apparatus was developed by Tomra Sorting Systems, a technology company. According to the government, a recent poll found that nearly 86% of Slovakians approve a deposit return...
On 6 th January 2022, Croatia decided to declare the 24.30 million euros (182.87 million kunas) investment by Impol-TLM towards the building of an aluminium block casting plant, which is considered as a project of strategic importance, a drive that focuses to gear up the momentum for the execution of the project. According to Tomislav Coric, the minister of Economy, “The new casting plant which will be constructed in Sibenik will minimize the reliance on external sources of aluminium block castings, boost value-added, upgrade product quality, lessen water consumption and create jobs” The law of the nation, Croatia on strategic investment gives investors the privileged to implement their project with less administrative proceedings. Impol-TLM is the Croatian arm of Slovenian aluminium...
The average alumina spot price in China has remained unchanged since December 31st. On Thursday, January 6, the price for the same has been recorded at RMB 2,818 per tonne, found the Shanghai Metals Market. The price has remained the same in Henan and Shanxi for the same day, at RMB 2,835 a tonne, respectively. On the other hand, prices in Shandong and Guizhou has remained stable, at RMB 2,860 per tonne and RMB 2,760 per tonne, respectively. The average alumina spot price has stayed steady in other provinces like as Guangxi, Lianyungang, and Bayuquan. In Guangxi, the price is RMB 2,700, in Lianyungang, RMB 2,875 and in Bayuquan, RMB 2,925. According to the Shanghai Metals Market, A00 aluminium ingot price has escalated by RMB 440 per tonne to stand at RMB 20,740 per tonne. The average...
LME aluminium opened at US$2,833 per tonne on Wednesday, January 5, and closed at US$2,912 per tonne, an increase of US$79.5 per tonne or 2.81 per cent. On the same day, both LME aluminium cash (bid) price and LME aluminium official settlement price soared by US$50.50 per tonne or 1.8 per cent, marking the second consecutive day of hike since the new year 2022 set in. The surge of January 5 brought both the prices to US$2,865.50 per tonne and US$2,866 per tonne, respectively. 3-month bid price and 3-month offer price climbed by US$61 per tonne and US$62 per tonne to come in at US$2,883 per tonne and US$2,885 per tonne. December 22 bid price and December 22 offer price also closed higher at US$2,655 per tonne and US$2,660 per tonne. LME aluminium opening stock decreased from 934375 tonnes...
The first aluminium smelter of the Gulf region, Aluminium Bahrain B.S.C. (Alba), sets a breaking operational record of 1,561,222 metric tonnes in 2021 as it accomplished its golden jubilee of operations. Furthermore, Alba attained an outstanding Safety milestone by closing 2021 with more than 20 million safe-working hours without LTI – a first in the Company’s 50 years of commercial operations. While commenting on Alba’s achievements, Ali Al Baqali, said, “Despite all odds, we closed 2021 with an exceptional performance by hitting new highs in our production - 1,561,222 metric tonnes and besting 2020 production record of 1,548, 500 metric tonnes. What makes this milestone even more important for us is that we have nailed it without any single Lost Time Injury (LTI)." "I take the...
