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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According to the recent data revealed by the International Aluminium Institute, world alumina production in November 2021 stood at 11.352 million tonnes, essentially unchanged compared to 11.353 million tonnes in October 2021. In September, the output came in at 11.166 million tonnes, meaning the world alumina production in October saw a month-on-month rise of 1.67 per cent. On a year-on-year calculation, world alumina production in November grew negligibly by 0.16 per cent than 11.334 million tonnes. But despite the restraint in monthly alumina production in November, the daily average output grew 3.33 per cent from 366,200 tonnes in October to 378,400 tonnes. From January to November, world total alumina production amounted to 126.648 million tonnes, up by 4.37 per cent from 121.384...
According to a statement filed with the Egyptian Exchange, Egypt Aluminum (Egyptalum) has signed a contract with Consulting Engineering Group (CEGMAN) to undertake a feasibility study for the vehicle rims manufacturing line project. Egypt Aluminum recorded a net profit after tax of EGP 304.718 million in the first quarter of the fiscal year (FY) 2021/2022, compared to a net loss of EGP 150.97 million in the first quarter of the fiscal year (FY) 2020/2021. Egyptalum is a firm headquartered in Egypt that specialises in extruding aluminium profiles for architectural and industrial uses. Aluminium billet casting, dies, extrusion, alloys, painting, and anodizing are some of the services provided by the firm.
On 29 th December 2021, the world's sixth-largest producer of aluminium Alcoa has announced that it has drawn up an agreement for the curtailment of operations at its San Ciprian smelter in Spain for the next two years. However, the American industrial corporation has also delivered its commitment to initiate restarting the facility in January 2024. Alcoa, with its corporate headquarters in Pittsburgh, Pennsylvania said the agreement with workers' representatives at the San Ciprian aluminium facility is focused on settling the challenges it is countering in regards to outrageous energy prices. Alcoa stated: “The deal will see the curtailment activity at the facility, which has 228,000 metric tons of annual capacity, begin Jan. 1, with the goal of completion before the end of that month.”...
According to the Shanghai Metals Market, A00 aluminium ingot price in China has hiked for the second consecutive day by RMB 210 per tonne to reach above RMB 20,000 per tonne yet again. Data shows the price is standing at RMB 20,130 per tonne as of December 30, with average prices likely to range between RMB 20,110 per tonne and RMB 20,150 per tonne. The spot contract is expected to be traded at a premium price of RMB 60-20 per tonne, up by RMB 10 per tonne from the previous day. In Wuxi, the primary aluminium ingot price has climbed by RMB 220 per tonne to stand at RMB 20,140 per tonne, while the price in Shenyang and Tianjin has increased by RMB 210 per tonne to come in at RMB 20,140 per tonne. A00 aluminium ingot price in Linyi has also witnessed a hike of RMB 210 per tonne but to peg...
LME aluminium opened at US$2,821 per tonne on Wednesday and closed at US$2,812 per tonne, down US$8 per tonne or 0.28%. LME aluminium cash (bid) price moved down by US$11.5 per tonne or by 0.40% to come in at US$2,834.50 per tonne, as of Wednesday, December 29. LME aluminium official settlement price decreased by US$13 per tonne or by 0.45% to total at US$2,835 per tonne, respectively. 3-month bid price and 3-month offer price for the same day was recorded at US$2,818 per tonne and US$2,818.50 per tonne. December 22 bid price and December 22 offer price closed at US$2,773 per tonne and US$2,778 per tonne. LME aluminium opening stock pegged at 959700 tonnes. Live warrants and Cancelled warrants for the same day stood at 710150 tonnes and 249550 tonnes. LME aluminium 3-month Asian Reference...
“At this juncture with revival of economy and post pandemic industrial activity back on track, any further restriction on one of the major raw materials for Aluminium will hamper the economic viability of Indian Aluminium industry to the extent of closure of operations thereby affecting the overall economy,” said AAI “The burden of any additional tariffs will be detrimental for the sustainability and cost competitiveness of the Aluminium industry as unlike other industries, it cannot pass through the burden of escalated cost to the end consumers as the global Aluminium prices are governed by London Metal Exchange," added AAI. According to the AAI, caustic soda imports are already restricted in India due to a variety of tariff and non-tariff restrictions, including the requirement to use...
The non-ferrous metal scrap aluminium produces both ‘new’ and ‘old’ scrap. The new scrap is generated from aluminium wrought and cast products as the metal is processed by fabricators into consumer or industrial products, while the old scrap is generated from end-of-life products or abandoned aluminium products of all types. The aluminium scrap metals are recycled and being utilised enormously in the construction industry in projects and bridges. However, in the transportation industry, it can be used in the manufacture of automobiles, aircraft and other means of transportation. The Balkan nation Montenegro exported aluminium scrap of 4997 tonnes during 2018-20, attracting earnings of around $5.54 million from the export of the metal for recycling. Montenegro’s export of aluminium scrap...
Graphene Manufacturing Group (GMG) has stated that 2032 type coin cell prototypes of its graphene aluminium-ion batteries ("G+AI Battery") have been supplied to many potential clients throughout the world. According to GMG, coin cell testing has shown that the GMG 2032 type G+AI Battery coin cell prototypes are fully rechargeable in a matter of seconds, retain the capacity for thousands of charge and discharge cycles, are non-flammable, and are nearly totally recyclable. These features outperform ordinary rechargeable Lithium-Ion 2032 type coin batteries, which take 3-6 hours to recharge, are poisonous and may be highly hazardous if consumed, are difficult to recycle, are combustible under certain situations, and deteriorate performance more quickly. When compared to prior proof of...
NWP Holdings Bhd has received a formal note from Pembinaan Bintang Baru Sdn Bhd that it has selected its wholly-owned subsidiary NWP Construction Sdn Bhd as the sub-contractor to endeavour the supply and installation of aluminium formwork system and skim coating works for RM 30.4 million. While filing at the bourse, the company stated: “The works will be done for two development sites in Setia Alam, Selangor, and in Kepong, Kuala Lumpur.” Yap Shuh Jian, the CEO of NWP said: “The contracts mark the group’s foray into the construction industry.” “The company is poised to leverage on its key management’s extensive experience to expand its construction arm.” “We are excited with our new ventures to be key earnings contributors for the group in the near term. The secured projects are vital to...
On Wednesday, December 29, the average alumina spot price in China remained restrained to close at RMB 2,809 per tonne, found the Shanghai Metals Market. For the same day in Shanxi and Lianyungang, the price has remained restrained to come in at RMB 2,815 per tonne and RMB 2,875 per tonne, respectively. In Bayuquan as well the price has remained unchanged to total at RMB 2,925 per tonne. In Shandong, the price has remained unchanged to stand at RMB 2,870 per tonne, on the other hand in Henan; the price has remained the same to peg at RMB 2,820 per tonne. The average alumina spot price in Guizhou and Guangxi has also stood unchanged, for the same day. The price for the same has been recorded at RMB 2,780 per tonne and RMB 2,700 per tonne. According to the Shanghai Metals Market, the A00...
The flagship company of Oman’s mining and mineral processing industry, Minerals Development Oman (MDO) has instituted an alliance with Synergies Casting Oman to acquire a 14.8% stake in the company’s shareholding. In 2017, Synergies Casting Oman was formed as a joint venture between Synergies Castings India and Omani investors to manufacture aluminium alloy car wheels for the automotive industry. Synergies Casting Oman is envisaging to functionalize an alloy wheel manufacturing plant in Sohar Industrial Estate. The alloy wheel plant that is currently under construction is anticipated to commence commercial operations in Q1 2022. The alloy wheel plant project with an investment of OMR 42 million is expected with a production capacity of 1.2 million tonnes of alloy wheels and is considered...
The London Metal Exchange was closed on Tuesday, December 28, for Christmas Holiday. On Friday, December 24, LME aluminium cash (bid) price stood at US$2,846 per tonne. On the other hand LME aluminium official settlement price closed at US$2,848 per tonne. 3-month bid price and 3-month offer price for the same day stood at US$2,841 per tonne and US$2,841.50 per tonne, respectively. December 22 bid price and December 22 offer price hovered around US$2,797 per tonne and US$2,802 per tonne. SHFE Aluminium Price Trend On Wednesday, December 29, the benchmark aluminium price for SHFE moved up by US$25 per tonne to stand at US$3,127 per tonne. The most-traded SHFE 2202 aluminium closed down 0.28% or RMB 55 per tonne to RMB 19860 per tonne, with open interest down 1899 lots to 214526 lots. The...
According to the International Aluminium Institute, primary aluminium production in North America stood at 308,000 tonnes during November 2021, down by 10,000 tonnes or 3.14 per cent from 318,000 tonnes in October 2021. In September 2021, primary aluminium production in North America came in at 304,000 tonnes, meaning the output in October rose 14,000 tonnes or 4.61 per cent month-on-month. On a year-on-year calculation, North America’s primary aluminium production recorded a 6.10 per cent downfall from 328,000 tonnes. In three month time (from September to November), primary aluminium production amounted to 930,000 tonnes, 5 per cent or 49,000 tonnes less than 979,000 tonnes during the same period last year. From January to November, primary aluminium production in North America totalled...
The Aluminium Plant Podgorica, which is also commonly known as Uniprom KAP, is a Montenegrin aluminium smelting company located in Podgorica, Montenegro. Uniprom plans to complete the proposed close down of the electrolysis plant of aluminium smelter KAP by 30 th December 2021, as reported by local media agencies. On 26 th December 2021, Nebojsa Dozic, the General Manager of KAP said: “The aluminium company has so far shut down half of the electrolysis cells at the smelter.” However, in the previous week, Uniprom directed the smelter to commence a phased shutdown of cells in the electrolysis plant and on 15 th December, a drive which will lead to a halt in the production of primary aluminium due to a surge in energy price that state-run power distributor EPCG tenders to come into force...
To boost cost competitiveness in the sector, the domestic aluminium industry has sought a decrease in basic customs duty and a correction in the inverted duty structure on important raw materials such as pet coke, caustic soda, aluminium fluoride, and alumina. The Aluminium Association of India (AAI), on behalf of the local aluminium sector, has requested quick government help in the next Union Budget 2022-23. According to the AAI's pre-budget projections; it has also proposed an increase in the basic customs tax rate for aluminium and products from 10% to 15%, in line with the steel industry. It was also asked that the basic customs duty on raw aluminium is raised from 7.5% to 10%, the duty on aluminium scrap be raised from 2.5% to 10%, and that the duty on downstream aluminium products...
The beverage cans made from aluminium are a phenomenon of sustainability, functionality and modern design. However, aluminium produces the only beverage cans that are infinitely recyclable, easy to store and lightweight and super-efficient to ship. Furthermore, another advantage of packaging beverages in cans is that chills in short duration, deliver a superior metal canvas for 360-degree labelling and feasibly most vital is protecting flavour and freshness. The landlocked nation in the southern part of Central Europe, Austria exported 167,064 tonnes of aluminium cans during 2019-20, incurring revenue earnings of around $216.53 million from the export. Austria’s export of aluminium cans in 2019 was documented at 74,911 tonnes, counting earnings of around $96.53 million, whereas, in 2020,...
Hindalco Industries Limited grew its aluminium billets and aluminium wire rod prices by INR 1,750 per tonne with effect from Saturday, December 25. The hike brought the company’s aluminium wire rod price to INR 260,350 per tonne as against INR 258,600 per tonne on December 23. Hindalco’s aluminium billets price stood at INR 263,350 per tonne as of December 25 in comparison with INR 261,600 per tonne on December 23. Hindalco’s aluminium ingot price also saw an increase of INR 1,750 per tonne on December 25 from INR 247,500 per tonne to INR 249,250 per tonne. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which after December 22 grew by US$37 per tonne to settle at US$2,848 per tonne as of December 24. On...
The non-power sector consumers of coal are expected to confront a shortage of dry fuel in January, as the centre continues to prioritise supply to the power sector. The decision of the Central government to prioritize the supply of coal for thermal power plants since July has raised concern among the non-power sector coal buyers like aluminium, steel and cement. As a result of which, the non-power sector coal buyers have complained about the low coal supply from Coal India Ltd (CIL). Aluminium, steel, and cement producers who rely on domestic coal to power their plants have expressed concern that low supplies are driving up input costs. Especially, for the aluminium producers, even a two-hour power outage could result in extended shutdowns. According to an industry source, several...
