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 latest data revealed by the Indian Aluminium Institute (IAI), primary aluminium production in Africa stood at 131,000 tonnes in November 2021, down by 6,000 tonnes or 4.38 per cent from 137,000 tonnes in October. But the output in October saw a month-on-month rise of 5,000 tonnes or 3.79 per cent from 132,000 tonnes. On a year-on-year calculation, primary aluminium production in Africa during November 2021 stood up by 2,000 tonnes or 1.55 per cent from 129,000 tonnes. In the past three months, Africa churned out 400,000 tonnes of primary aluminium, only 1,000 tonnes less than 401,000 tonnes during June-August 2021. From January to November, primary aluminium output in Africa totalled 1.452 million tonnes, which reflected a downfall of 1.22 per cent from 1.470 million...
According to China customs data, the country’s prebaked anode exports soared by 63.3 per cent month-on-month to 234,100 tonnes in November 2021. On a year-on-year calculation, the exports stood even higher by 178.1 per cent, hitting the highest level in 2021. But amid the sharp hike in export volume, the average export price of China’s prebaked anode increased by only 2.08 per cent, far less than the rise in domestic benchmark price by RMB 440 per tonne in November. Shandong was the main exporter with the volume of 171,300 tonnes, accounting for 73 per cent of the total exports. Jiangsu exported 20,400 tonnes, accounting for about 9 per cent of the exports. Among the main importers, Malaysia ranked first with the import volume of 82,900 tonnes, accounting for about 36 per cent of the...
According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 900 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 74,600 tonnes as of Thursday, December 23. Only the inventory in Foshan increased by 4,200 tonnes, or 13.68 percent, while stockpiles in Wuxi, Changzhou, and Nanchang all decreased, with Changzhou accounting for the majority of the losses (down 3,100 tonnes, or 25.83 percent). Weekly arrivals of aluminium billet were remained at a low level, according to the warehouses, as producers were less interested in making shipments due to dropping RCs. Some makers of aluminium billets even intended to cut back on manufacturing. The chart below indicates the current status of aluminium billet inventories...
Norsk Hydro ASA, a Norwegian aluminium and renewable energy company, has reportedly planned for an investment of NOK60 million to upgrade the electrolysis cells at the aluminium plant in Ardal, Norway. The project will improve the working environment for the operators at the metal plant, reduce energy consumption and CO2 emissions, and contribute to increased profitability. Work on the upgrade is slated to start in the spring of 2022. The investment will also allow Hydro Ardal to use next-generation cell control system, developed from the technology used in Hydro’s technology pilot at Karmøy. New cell control system is expected to be introduced at the end of 2022, which will save energy of around 860 MWh annually. “The aluminum plant in Årdal is core to Hydro's Norwegian production...
On Friday, December 24, the average alumina spot price in China has gone down by RMB 4 per tonne to come in at RMB 2,814 per tonne, found the Shanghai Metals Market. The average alumina price in Guizhou has gone down by RMB 50 per tonne to come in at RMB 2,800 per tonne. In Lianyungang and Bayuquan, the price has slumped by RMB 50 per tonne to total at RMB 2,875 per tonne and RMB 2,925 per tonne, for the same day. In Guangxi, the price has slipped by RMB 10 per tonne to close at RMB 2,725 per tonne. On the other hand, in provinces like Shandong, Henan and Shanxi, the price has remained unchanged to clock at RMB 2,915 per tonne and RMB 2,815 per tonne, respectively. The Australian alumina FOB price has remained the same to clock in at RMB 345 per tonne. The price of A00 aluminium ingot has...
LME aluminium opened at US$ 2,817.50 per tonne on Thursday and closed at US$2,850 per tonne, an increase of US$26 per tonne or 0.92 per cent. On Thursday, December 23, LME aluminium cash (bid) price and LME aluminium official settlement price continued to move up, although lower, by US$7 per tonne to stand at US$2,817.50 per tonne and US$2,818 per tonne, respectively. 3-month bid price and 3-month offer price for the same day stood at US$2,829 per tonne and US$2,830 per tonne, up by only US$1 per tonne from the previous day. December 22 bid price and December 22 offer price hovered around US$2,790 per tonne and US$2,795 per tonne. LME aluminium opening stock decreased to 968650 tonnes. Live warrants and Cancelled warrants totalled at 731500 tonnes and 237150 tonnes. LME aluminium 3-month...
On 22 nd December 2021, the official gazette of the government of the largest country in South America and Latin America, Brazil notified that it has sanctioned a duty-free import quota for non-alloyed aluminium of 350,000 tonnes for 2022. However, on 21 st December a conclusive decision was drawn by the executive management committee (Gecex) of Brazil’s foreign trade chamber (Camex), a part of the Ministry of Economy, Govt. of Brazil. Following the inflow of 350,000 tonnes of P1020 aluminium into the nation exhausting the duty-free import quota, the remaining import will be levied with a 5.4% import duty. In recent past, the Brazilian aluminium industry associates market participants overhear that the import quota could be as around 230,000-260,000 tonnes, as the overall anticipation was...
Primary aluminium inventories in China have continued to decrease by over 40,000 tonnes week-on-week as of Thursday, December 23. According to the Shanghai Metals Market, the inventories this week have shed by 46,000 tonnes to come in at 864,000 tonnes across the eight major Chinese consumption areas, including SHFE warrants. Last week on December 16, China’s primary aluminium inventories fell by 42,000 tonnes to stand at 910,000 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 28,000 tonnes this week to come in at 326,000 tonnes, while the inventories in Nanhai have decreased by 14,000 tonnes to settle at 197,000 tonnes as of December 23. In Hangzhou, primary...
Hindalco Industries Limited increased its aluminium ingot and aluminium products prices with effect from Wednesday, December 22, after a cut on the previous day. Hindalco’s aluminium ingot price came in at INR 238,250 per tonne on December 22 after being grown by INR 3,000 per tonne from INR 235,250 per tonne on December 21. The price on December 21 was cut by INR 4,500 per tonne from December 18. The hike on December 22 brought Hindalco’s aluminium wire rod price to INR 249,350 per tonne, meaning the price saw an increase of INR 3,000 per tonne from INR 246,350 per tonne on December 21. Hindalco’s aluminium billets price stood at INR 252,350 per tonne as of December 22, in comparison with INR 249,350 per tonne on the previous day. Hindalco links its aluminium ingot and aluminium products...
According to a labour union spokesman, Aluminium Dunkerque Industries France has reduced metal output in the last two weeks due to a rise in power rates. According to union official Laurent Geeraert, the reductions correspond to around 3% of Aluminium Dunkerque's manufacturing capacity. Since the beginning of November, the plant has lost nearly 20 million euros ($22.6 million), and more curtailments may be necessary if electricity prices continue high, he added. The cuts were verified by a second source familiar with the activities. While aluminium prices have increased by more than 40% this year, and demand for the plant's goods is increasing, profitability has been undercut by a significantly higher increase in electricity rates in recent weeks. The electricity needed to create one...
In September 2021, the United States imported 5,480 tonnes of aluminium plates, sheets and bars from Turkey. That remained essentially unchanged month-on-month compared to 5,490 tonnes but significantly up by 321.54 per cent from 1,300 tonnes than a year earlier. In July, the US imported 4,230 tonnes of aluminium flat-rolled products, meaning the imports in August grew 29.79 per cent M-o-M. In the third quarter of 2021 ended September 30, the United States’ aluminium plates, sheets and bars imports from Turkey totalled 15,200 tonnes, down by 26.03 per cent from 20,550 tonnes in Q2 2021 but up by 64.32 per cent from 9,250 tonnes in Q3 2020. From January to September, the United States imported 46,200 tonnes of aluminium plates, sheets and bars in total from Turkey, 32.38 per cent higher...
According to China customs data, the country’s aluminium extrusion exports (tariff codes 76041010, 76041090, 76042100, 76042910, 76042990) stood at 88,100 tonnes in November 2021, up by 18 per cent month-on-month and an increase of 5 per cent year-on-year. Of the total exports, the European Union accounted for 6.95 per cent, meaning China exported 6,100 tonnes, 17 per cent more than a month and 19 per cent than a year. The other main export destinations in November included Vietnam, accounting for 10.22 per cent, Nigeria 10.22 per cent, the Philippines 6.98 per cent, Nigeria 4.52 per cent, Malaysia 4.44 per cent, and Australia 4.39 per cent. The exports to other 150 countries accounted for more than 70 per cent of the total exports. Among the Chinese provinces, the exports from Guangdong...
PT Adaro Energy based in Indonesia signed a letter of intent this week to invest in a smelter project to be developed at the Green Industrial Park Indonesia in North Kalimantan province. Adaro Energy, an Indonesian coal business, said in a statement on Thursday that it aims to build a $728 million aluminium smelter in a new industrial zone on Borneo Island. According to a release, Adaro ENergy signed a letter of intent this week to invest in a smelter project to be developed at the Green Industrial Park Indonesia in North Kalimantan province. The new estate is being developed by PT Kalimantan Industrial Park Indonesia, a group managed by Adaro's President Director Garibaldi Thohir. The park has been designated as "green" by the government owing to a proposal to power industrial activity...
A00 aluminium ingot price in China has jumped by RMB 510 per tonne on Thursday, December 23, marking hike for the second consecutive day after an intermitted decline on December 21. According to the Shanghai Metals Market, the growth today has again sent the primary aluminium ingot price to above RMB 20,000 per tonne. With average prices to range between RMB 20,050-20,090 per tonne, A00 aluminium ingot price is standing at RMB 20,070 per tonne as of December 23. The spot contract is likely to be traded at a premium price of RMB 180-140 per tonne. In Tianjin, A00 aluminium ingot price has expanded sharply by RMB 540 per tonne to RMB 20,030 per tonne, while the price in Foshan and Shenyang has hiked by RMB 520 per tonne to RMB 20,170 per tonne and RMB 20,020 per tonne, respectively. In...
LME aluminium opened at US$2,760 per tonne on Wednesday and closed at US$2,822 per tonne, an increase of US$53.5 per tonne or 1.93 percent. On Wednesday, December 22, LME aluminium cash (bid) price surged by US$115.5 per tonne or by 4.28 percent to clock at US$2,810.50 per tonne. LME aluminium official settlement price escalated by US$115 per tonne or by 4.26 percent to stand at US$2,811 per tonne. 3-month bid price and 3-month offer price for the same day stood at US$2,828 per tonne and US$2,829 per tonne. December 22 bid price and December 22 offer price registered at US$2,798 per tonne and US$2,803 per tonne. LME aluminium opening stock was recorded at 970425 tonnes. Live warrants and Cancelled warrants totalled at 754300 tonnes and 216125 tonnes. LME aluminium 3-month Asian Reference...
The industry body representing 80 plus member bodies of the European aluminium industry, European Aluminium stated that it will impose additional tariffs on aluminium foil importing from China following the European Commission discovered that producers in the region gained from excessive and unfair subsidies. The tariffs on aluminium foil converters of certain thin classes, which will come into effect from 23 rd December 2021, range from 8.6% to 18.2% and exceed the anti-dumping duties that there are between 6.0% and 28.5%. The European Commission initiated an investigation after receiving complaints from EU manufacturers. China had identified aluminium foil as a key industry and intervened with the free play of market forces to promote the sector. The Chinese state subsidies are in the...
According to the US Geological Survey (USGS), the United States exported 2,480 tonnes of US aluminium scrap to Taiwan in September 2021, showing a month-on-month hike of 70 per tonne or by 2.90 percent. In August 2021, 2410 tonnes of US aluminium scrap was exported to Taiwan, showing a decrease of 30 per tonne from 2,440 tonnes in July 2021. On a year-on-year calculation, US aluminium scraps export to Taiwan in September 2021 plummeted by 1,010 tonnes or by 28.93 percent from 3,490 tonnes. From January to September, the exported aluminium scraps to Taiwan closed at 22,000 tonnes. For the same period last year, the amount totalled at 30,500 tonnes. According to the data shared by the USGS, the total amount of US aluminium plates, sheets, bars, crude metals and alloys, and scrap, exported...
The Delta variant of COVID-19 impacted the stride of Vietnam’s economic growth, as it is envisioned to remain moderate at 2.3% in 2021 when compared to the 2.9% growth rate record in 2020. However, a strong recovery in GDP growth momentum is forecasted for 2022, at a rate of 6.3% Y-o-Y, due to an increase in vaccine rollout supported gradually restricts the pandemic and permits a gradual reopening of international tourism. The Southeast Asian country, Vietnam imported 22,595 tonnes of aluminium stranded wire during 2019-20 incurring revenue expenditure of $66.98 million for the import. In 2019, Vietnam’s import of aluminium stranded wire was registered at 10,382 tonnes and the expenditure occurred was $27.14 million, whereas, in 2020, the import witnessed growth by 17.63%, as the import...
