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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Alumina production in Europe (incl. Russia) stood at 838,000 tonnes in November 2021, which reflected a downfall by 34,000 tonnes or 3.90 per cent from 872,000 tonnes a month ago. In September, alumina output in Europe (incl. Russia) also amounted to 838,000 tonnes, meaning the output in October saw an increase of 4.05 per cent M-o-M. On a year-on-year calculation, alumina production in Europe (incl. Russia) also stood lower by 2.33 per cent or 20,000 tonnes from 858,000 tonnes. In three-month time (from September to November), alumina production in Europe (incl. Russia) totalled 2.548 million tonnes, down by 4.10 per cent from 2.657 million tonnes in the previous three months but up by 1.23 per cent from 2.517 million tonnes a year ago. From January to November, total alumina production...
According to the Shanghai Metals Market, the average alumina spot price in China has remained restrained to stand at RMB 2818 per tonne, as of Tuesday, January 4. For the same day in Henan and Shanxi, the price has stood the same to stand at RMB 2,835 per tonne, respectively. On the other hand in Shandong and Guizhou, the price has also remained restrained, to peg at RMB 2,860 per tonne and RMB 2,760 per tonne. In other provinces like Guangxi, Lianyungang and Bayuquan, the average alumina spot price has remained unchanged. The price has been recorded at RMB 2,700 in Guangxi, RMB 2,875 in Lianyungang and RMB 2,925 in Bayuquan. Al Fluoride price in China has gone down by RMB 500 per tonne to close at RMB 12,500 per tonne. The average price for the same is expected to orbit between RMB...
The London Metal Exchange was closed on January 3, 2022 for New Year’s Day. On the previous day, December 31, 2021, LME aluminium cash (bid) price and LME official settlement price closed at US$2,805.50 per tonne and US$2,806 per tonne, respectively, by losing US$23.50 per tonne or by 0.83 per cent. 3-month bid price and 3-month offer price for the same day totalled at US$2,805 per tonne and US$2,810 per tonne. LME aluminium opening stock came in at 939200 tonnes. Live warrants came in at 709625 tonnes, while Cancelled warrants hovered around 229575 tonnes. LME aluminium 3-month Asian Reference Price settled at US$2,815.60 per tonne, for the same day. SHFE Aluminium Price Trend On Tuesday, January 4, the benchmark aluminium price for SHFE declined by US$22 per tonne to stand at US$3,175...
On Monday, January 3, the Chief Executive Officer of the National Environment and Planning Agency (NEPA), Peter Knight announced the decision of the Natural Resources Conservation Authority (NRCA) in a press conference. The announcement revealed that Noranda Bauxite Company has finally received permission to mine 1,300 hectares of land near the Cockpit Country Borders. Following public outrage, the allowable mining area under SML 173 was lowered, according to Mr Knight. He said the NRCA reached a final decision at an unplanned meeting on December 31, 2021, after deliberating for two full meetings and taking into account all of the difficulties and concerns. Mr Knight explained that the NRCA requires the agency to use GPS coordinates to define the boundaries of the limited geographical...
On 3 rd January 2022, the largest producer of aluminium in India, Vedanta declared that cast metal aluminium production at its smelters stood at 579,000 tonnes in Q3 of the current financial, documenting a rise of 16%. While filing to the BSE, the company stated: “The cast metal aluminium production at our smelters stood at 5,79,000 tonnes in Q3 FY22, higher 16% in comparison to Q3 FY2021 and 2% as compared to Q2 FY2022.” However, the company’s alumina refinery in Lanjigarh produced 472,000 tonnes of alumina in Q3 FY22, a 16% up-rise when compared to Q3 FY2021 and 8% lower as compared to Q2 FY2022. Vedanta created a record in aluminium production, as it registered 1,697,000 tonnes in nine months ended FY2022, 18% higher Y-o-Y and alumina production were 1,465,000 tonnes, 9% higher Y-o-Y.
The American industrial corporation producing aluminium Alcoa Corp has inked a pre-agreement with Capital Energy, a Spanish renewables company to secure some 573 MW of wind power for its San Ciprian aluminium smelter in the north-western part of Spain. Capital Energy in the previous week stated, “We had committed to supply 876 GWh per year to the smelter for an initial period of ten years. The power would come from 11 wind farms that Capital Energy is currently developing in the region of Galicia” It further added, “We had been granted grid access rights for all of the projects, and is now working on securing the permits.” However, the supply of wind energy to the Galicia-based San Ciprian aluminium smelter is set to commence in 2024. The fresh pre-agreement emerges following Alcoa inked...
In the Balkan nation, Montenegro Uniprom has closed down the country’s exclusive aluminium smelter, KAP, with the proceedings being accomplished by 30 th December 2021, following its failure to agree on a new electricity price with power company EPCG. However, Uniprom notified earlier that it would close KAP due to the skyrocketing price of electricity making its production unviable. Veselin Pejovic, the CEO and Founder of Uniprom Group held liable EPCG for being responsible for this extreme decision, while on the other hand, EPCG urged Pejovic to sit for another round of discussions to find a solution. KAP was paying €45 per MWh plus VAT by the end of 2021, whereas on international markets the electricity price is now around €250 per MWh. The energy supply contract between KAP and EPCG...
While the medals for the Tokyo Olympics and Paralympic Games were made from metals taken from abandoned cell phones and computers, few people are aware that the podiums were made from 24.5 tonnes of recycled domestic plastic garbage. "The podiums were made using 24.5 tonnes of recycled household plastic garbage, which was contributed by people across Japan to highlight how sustainability in society can be accomplished," the Tokyo2020 Twitter feed wrote on Friday, describing the "winning ceremony at the #Tokyo2020 #Paralympics." "Waste material was also used to make the symbols embedded along the sides. Designer TOKOLO Asao, who also created the Tokyo 2020 emblem, based it on the traditional Japanese chequered pattern, ichimatsu moyo, used aluminium recycled from temporary housing provided...
According to China customs data, China exported 114,700 tonnes of aluminium foil in November 2021, which reflected a month-on-month increase of 2 per cent and a year-on-year rise of 13 per cent. Jiangsu, Zhejiang, Shanghai, Henan, Shandong ranked top in November, exporting more than 10,000 tonnes each and accounting for over 10 per cent of the export proportion. The five provinces mentioned above accounted for up to 79 per cent of the total exports. To Thailand and India, China exported 12,500 tonnes and 10,700 tonnes of aluminium foil, respectively, in November 2021. The demand for aluminium foil in India is rebounding to normal levels, said the report. Demand in South Korea, Japan, and Saudi Arabia is also increasing, but their import volume is so far less than in Thailand and India....
The demand for aluminium goods is increasing steadily due to its positive contribution to modern living. The metal aluminium is the second most extensively used metal whereas the aluminium can is the most recycled consumer product in the world. The exceptional recyclability of aluminium, jointly with its high scrap value and low energy requirement during recycling make aluminium highly desirable to one and all. Ireland, one of the wealthiest countries in the OECD and the EU-27 exported 99,774 tonnes of aluminium scrap during 2019-21, incurring revenue earnings of 68.44 million from the export. In 2019, the Irish export of aluminium scrap was documented at 24,870 tonnes, counting earnings of $21.98 million, whereas, in 2020, the export exhibited growth by 43.59%, as the export volume...
According to Sridhar Patra, the chairman and managing director of NALCO, the supply-demand mismatch in the aluminium market is expected to grow in 2022. Aluminium prices have swung wildly in the last year, rising 42% for the year despite a 12% drop from their peak. In 2021, the stock price of National Aluminium Company Limited (NALCO), a major aluminium producer, has increased by almost 130%. A mismatch in the global aluminium market, according to Patra, may keep prices high, with prices hovering around USD 2,600-2,700 per tonne. National Aluminium Corporation Limited (NALCO) is a well-known name in Eastern India's industrial landscape. It's one of the country's largest combined Bauxite-Alumina-Aluminium-Power Complexes. The government of India now owns 51.28% of the paid-up equity...
The month of December and also the year 2021 ended and the global aluminium industry welcomed the New Year 2022 with a lot of hope and desire. However, the month of December 2021 documented some very important decisions floated by various industry giants. The Romanian aluminium producer, Alro's aluminium smelter has already commenced the closedown procedure, as it has planned to slash down 60% of the production during the first phase. The Dunkerque Aluminium in France has also slashed its production output due to a surge in energy prices, while in India, the flagship company of Adani Group, Adani Enterprises declared that it has engulfed a wholly-owned subsidiary Mundra Aluminium Limited on 17th December 2021. China's aluminium sector, the world's largest, is growing increasingly reliant...
The US-based company UFP Industries, Inc. announced last week that its subsidiary Deckorators Inc. acquired Ultra Aluminum Manufacturing, a manufacturer of aluminum fencing, gates, and railing, for $25 million. The transaction also includes $2 million, which is to be paid if certain future performance goals are met. Founded in 1996, Ultra Aluminum Manufacturing produces an extensive selection of ornamental aluminum fence and railing products for contractors, landscapers, fence dealers, and wholesalers. As per the report, Russ Springborn, Ultra Aluminum’s president and Dave Stewart, vice president of business development, will continue their leadership roles with Ultra. Landon Tarvin, vice president of Deckorators, said: “This transaction adds aluminum fencing to our current lineup of...
Hindalco Industries Limited cut its aluminium billets and aluminium wire rod prices, with effect from Saturday, January 1, 2022. That marked a cut for the second time in a row since December 30. Hindalco’s aluminium billets price came in at INR 257,100 per tonne, down by INR 2,500 per tonne or 1 per cent from INR 259,600 per tonne on December 30. Hindalco’s aluminium wire rod price also saw a slash of INR 2,500 per tonne on January 1 from INR 256,600 per tonne to INR 254,100 per tonne. The company’s aluminium ingot price witnessed no exception but a decline of INR 2,500 per tonne as well. Thus, the price has come in at INR 243,000 per tonne on January 1 from INR 245,500 per tonne on December 30. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of...
On Friday, December 31, both LME aluminium cash (bid) price and LME aluminium official settlement decreased by US$23.5 per tonne or by 0.83% to settle at US$2,805.50 per tonne and US$2,806 per tonne. 3-month bid price and 3-month offer price for the same day totalled at US$2,805 per tonne and US$2,810 per tonne. December 22 bid price and December 22 offer price registered at US$2,768 per tonne and US$2,773 per tonne, for the same day. LME aluminium opening stock came in at 939200 tonnes. Live warrants and Cancelled warrants for the same day stood at 709625 tonnes and 229575 tonnes. LME aluminium 3-month Asian Reference Price settled at US$2,815.60 per tonne, for the same day. SHFE Aluminium Price Trend The most-traded SHFE 2202 aluminium closed up 0.54% or RMB 110 per tonne to RMB 20380...
While the pandemic isn’t over, I believe we are moving into a more positive era. The DS&P 500 average is up by 26.9% on last year and we are seeing a real uptick in customer activity. Wind the clock back a year and while plants were still operational, many technical and managerial staff were furloughed and product trials to improve process efficiencies were put on the backburner. Like others in our boat, we felt the impact of this, but towards the end of the year, we started seeing renewed interest. Three of the major groups who are keen to start exploring ways to reduce costs and improve quality again have started trialling our high-efficiency Optifine grain refiner, which looks positive. Optifine has been used to successfully cast over 16 million tonnes of aluminium since 2010 and we...
Innovate or be left behind. What will drive the next phase of AM advancement? Software or hardware? We think material innovation is the key to addressing the many challenges posed in product development along with digitalisation. This and more are what we are exploring and implementing at Fehrmann Tech Group. The current Covid 19 pandemic has brought many businesses to a halt and has posed severe challenges but has also presented us with opportunities to invent. One of the most talked-about issues has been the supply chain disruption and its impact on manufacturing. That is where additive manufacturing has been able to address this disruption through on-demand and on-site manufacturing, also known as distributed manufacturing. Potentially servicing customers at the point of need and in...
The executive body of the Eurasian Economic Union responsible for implementing decisions, upholding the EEU treaties and managing the day-to-day business of the Eurasian Economic Union, Eurasian Economic Commission (EEC) comprising Russia and Kazakhstan initiates an extension of its 0% customs duty on the importation of vanadium-aluminium ligature until the end of 2022, commencing 2 nd of January 2022. This primary reason for the extension is to restrain prices for this type of raw material that is majorly utilized in the production of titanium alloys for the aerospace industry. However, by limiting the costs of materials, the majority of Russian-owned aerospace companies will be able to augment their production comparatively at a marginal cost. The development for the extension of 0%...
