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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China’s demand for imported bauxite is expected to rise by about 20 per cent year-on-year in 2022, backed on increasing demand for the raw material from domestic alumina producers, pointed out the state-owned research agency Antaike. China’s alumina producing capacity using imported bauxite is likely to reach a total of 47.3 million tonnes per year in 2022; thus, the demand for imported bauxite is estimated to touch 132 million tonnes. Demand for bauxite in China has been growing at a rapid pace over the past few years as the country’s alumina industry is seeing expansions of capacity. By the end of October 2021, China’s year-to-date bauxite imports reached 91.06 million tonnes, showed customs data. China’s alumina capacity has already reached 90.15 million tonnes in 2021, showed Antaike...
According to the primary evaluation report from the government, the economy of Saudi Arabia grew at a rapid pace in nearly a decade in Q3 fostered by higher oil prices. As per the statistics of the General Authority, it reveals that GDP in the kingdom was augmented by 6.8% compared same quarter of 2020. The largest country in the Middle East, Saudi Arabia imported 131,836 tonnes of aluminium foil during 2019-20 incurring a revenue expenditure of $307.27 million from the import. The oil-rich nation in 2018 imported 68,596 tonnes of aluminium foil, counting expenditure of around $181 million, whereas, in 2019, Saudi Arabia imported 63,240 tonnes of aluminium foil, which signifies a drop in import by 7.80% and the expenditure also, fell sharply to $126.27 million. Saudi Arabia’s import of...
According to the US Geological Survey (USGS), the US imported 3,510 tonnes of US aluminium plates, sheets, and bars from South Africa in September 2021, showing a month-on-month descend of 3,780 per tonnes or by 51.85 percent. In August 2021, 7,290 tonnes of US aluminium plates, sheets, and bars were imported from South Africa, showing a hike of 6,270 tonnes from 1,020 tonnes in July 2021. On a year-on-year calculation, the US aluminium plates, sheets, and bars imported from South Africa in September 2021 moved down by 1,630 tonnes or by 31.71 percent from 5,140 tonnes. From January to September, the imported aluminium plates, sheets, and bars from South Africa stood at 26,200 tonnes. For the same period last year, the amount closed at 25,500 tonnes. As per the data shared by the USGS,...
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices back-to-back on Saturday, December 18. The company grew its aluminium wire rod price by INR 5,000 per tonne or 2.03 per cent from INR 245,850 per tonne on December 17 to INR 250,850 per tonne. Hindalco’s aluminium billets price also saw a hike of INR 5,000 per tonne from INR 248,850 per tonne to INR 253,850 per tonne as of December 18. Seeing a raise of INR 5,000 per tonne as well on December 18, Hindalco’s aluminium ingot price came in at INR 239,750 per tonne, compared to INR 234,750 per tonne on December 17. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which further jumped by US$64 per tonne on December 17 to...
Indian scientists have succeeded in developing an environment-friendly process for enhancing the anti-corrosive feature of high-strength aerospace aluminium alloys. The aerospace, automobile and marine sector globally utilizes aluminium alloys as applications precisely for its strength-to-weight ratio (low density and high specific strength), while among varied aluminium alloys, heat treatable wrought alloy compositions possess high mechanical strength and are customarily preferred by the aerospace industry. The aerospace parts made from these aluminium alloys, comprising landing gear, wing spar, fuselage, skins, pressure cabins and so on, are anticipated to influence high fatigue life and corrosion resistance. The state-owned Autonomous Research and Development Centre of Department of...
China’s aluminium imports have already recorded a year high within 11 months (January-November) of 2021 as limited domestic aluminium production due to power usage restrictions underpin demand for overseas metal. According to China customs data, arrivals of unwrought aluminium and products, including primary metals and unwrought, alloyed aluminium, recorded a 15-month peak at 397,915 tonnes in November. That was 34 per cent up month-on-month from 297,043 tonnes and 109.3 per cent higher on the year. Total imports in 11 months amounted to 2.97 million tonnes, beating the previous annual record of 2.7 million tonnes in 2020. China, the world’s top aluminium producer of aluminium and a net exporter of the metal, has been importing unprecedented volume of the metal since market recovery from...
The average alumina spot price in China has opened the week on Monday, December 20, slumping by RMB 11 per tonne or by 0.38 percent to stand at RMB 2,823 per tonne, found the Shanghai Metals Market. For the same day in Shandong and Henan, the price has gone down by RMB 10 per tonne to close in at RMB 2,940 per tonne and RMB 2,815 per tonne. In Shanxi and Guizhou also the price has slipped by RMB 10 per tonne to stand at RMB 2,815 per tonne and RMB 2,915 per tonne. In Guangxi the price has descended by RMB 15 per tonne to close at RMB 2,740 per tonne. In Lianyungang and Bayuquan, the price has fallen down by RMB 50 per tonne to peg at RMB 2,950 per tonne and RMB 3,000 per tonne. The Australian alumina FOB price has remained the same to stand at RMB 345 per tonne. On the other hand, the...
LME aluminium opened at US$2,676 per tonne last Friday and closed at US$2,733.50 per tonne, an increase of US$52.5 per tonne or 1.96 per cent. On Friday, December 17, LME aluminium cash (bid) price and LME aluminium official settlement price soared by US$64 per tonne or 2.4 percent to come in at US$2,692 per tonne and US$2,694 per tonne, respectively. 3-month bid price and 3-month offer price jumped by US$66 per tonne to US$2,710 per tonne and US$2,711 per tonne. December 22 bid price and December 22 offer price hovered around US$2,695 per tonne and US$2,700 per tonne, up by US$57 per tonne from the previous day. LME aluminium opening stock registered at 979600 tonnes. Live warrants and Cancelled Warrants were found 821350 tonnes and 158250 tonnes, respectively. LME aluminium 3-month...
The Indian multinational conglomerate, headquartered in Ahmedabad, Gujrat, Adani Group, led by billionaire businessman Gautam Adani is all set to invade into the business of establishing up an aluminium smelter and alumina refinery. On 18 th December 2021, the flagship company of Adani Group, Adani Enterprises declared that it has engulfed a wholly-owned subsidiary Mundra Aluminium Limited on 17 th December 2021. However, the company notified during an exchange filing that Mundra Aluminium, which is yet to begin its business operations, has authorised and paid-up share capital of INR 100,000. The filing further revealed: "Mundra Aluminium Limited is incorporated with the object to venture into the business of setting up alumina refinery and an aluminium smelter.” “Mundra Aluminium is...
The downstream segment of the aluminium industry derives its major raw material from the primary sector and is considered the most vital part of the industry. The week witnessed some notable events of acquisition and investment for developments in the downstream segment. The Russian aluminium giant Rusal stated that it has already completed a comprehensive programme of overhauls and modernisation of production at the SKAD plant. Austria’s AMAG accomplishes the acquisition of German firm Aircraft Philipp. However, with this acquisition, it will be the sole owner from the turn of the year. Following the accomplishment of the takeover, the name of the company will also change to AMAG components. On 10th December 2021, the board of auto components maker Minda Industries at its meeting has...
The recycled sector of the aluminium industry has been in the news for a good number of reasons. To begin with, AlCircle published its sector focus report 2021, titled, “World Recycled Aluminium Market Analysis – Industry Forecast to 2026.” The report delves further into the global aluminium recycling industry and its potential for growth in the coming years. Next on track was the news about, Brazil becoming a part of the Every Can Counts initiative, the first country outside Europe to join the drive. With a recycling rate of over 95 percent for aluminium cans, Brazil will be a prominent partner in Europe's top drink can recycling programme. The year 2021 shows how the recycled aluminium industry has bounced back after experiencing fluctuating demand due to the pandemic and ensuing...
One of the major highlights that grabbed the attention of the primary aluminium industry this week was the written recommendation by India’s ministry of mines for the raise of import tariff on primary aluminium products. Early this week, the ministry of mines recommended the ministry of finance to increase the tariff from the existing 7.5 per cent to 10 per cent, in a bid to discourage cheap imports of primary aluminium into the country and ramp-up the use of domestic metal. To know more: https://www.alcircle.com/news/india-ministry-of-mines-recommend-additional-10-import-duty-on-primary-aluminium-products-73131 The other news that created a buzz was the World Bureau of Metal Statistics (WBMS) report, which revealed a shortage of 1.366 million tonnes of global primary aluminium supply...
Rusal, a leading global producer of aluminium, has reportedly commenced the operation of the first phase of the world’s most advanced low-carbon aluminium production plant Taishet Aluminium Smelter (TaAZ) in Taishet, Siberia. This represents Rusal’s commitment to decarbonize its operations and consumer products chains. The news came after the smelter’s opening ceremony on December 17, attended by the representative of the President of the Russian Federation in the Siberian Federal District Anatoly Seryshev, Deputy Prime Minister of the Russian Federation Victoria Abramchenko, Governor of the Irkutsk Region Igor Kobzev, and the General Director of RUSAL Evgenii Nikitin. The smelter is considered one of the greenest in the world, run on clean energy from Siberian hydroelectric power plants....
Brazil will be a key participant in Europe's top drink can recycling programme, with a recycling rate of over 95 percent for aluminium cans. The Every Can Counts programme welcomes Brazil to its growing community after 12 years of pushing people to recycle on the move in 19 European nations. A group of brands, organisations, people, and festivals that works together to fulfil the aim of achieving a 100 percent recycling rate for drinking cans. Abralatas, the Brazilian Association of Aluminium Can Manufacturers (Associaço Brasileira dos Fabricantes de Latas de Alumnio), is launching a Brazilian version of Every Can Counts called "Cada Lata Conta." The programme began with a series of environmental education and behaviour change events at Villa-Lobos Park in So Paulo (4-5 December) and a...
On 17 th December 2021, the leading player in the extrusions industry in India, Hindalco Industries Limited inked a definitive agreement to acquire global aluminium giant Hydro’s aluminium extrusions business in India for INR 247 crore. The world’s largest aluminium rolling and recycling company said in a statement to the stock exchanges on 17 th December: “This acquisition from Hydro brings into the Hindalco fold, an integrated facility located in Kuppam, Andhra Pradesh.” Norway headquartered Hydro’s Kuppam plant in Andhra Pradesh, India has a production capacity of 15,000-tonne of aluminium extrusions and is integrated with advanced value-added capabilities for surface finishing and fabrication. The Kuppam facility offers custom aluminium extrusion products and solutions for auto,...
The metal aluminium has a density of around one third that of steel or copper, which denotes it as one of the lightest commercially available metals. The resultant of high strength to weight ratio drives it to an important structural material permitting enormous payloads or fuel savings for especially in the transport sector. The construction sector utilizes aluminium for window frames, panels, domed roofs and other wide-span constructions and ornaments. Presently, it is used for roofs, siding, translucent panes, doorframes, staircases, air conditioning systems, solar protection, heating systems, furniture and many other things. The European Commission in November 2021 stated that Romania’s economy is anticipated to expand by a real 7% in 2021, as compared to the 7.4% growth rate...
After the two consecutive days of decline, Hindalco Industries’ aluminium products and its aluminium ingot prices have seen a hike with effect from Friday, December 17. The company’s aluminium billets price has witnessed an increase of INR 3,250 per tonne to INR 248,850 per tonne. On the previous two days, the price was cut back-to-back by INR 2,750 per tonne. Hindalco’s aluminium wire rod price sees no exception but a raise of INR 3,250 per tonne from INR 242,600 per tonne on December 16 to INR 245,850 per tonne on December 17. The company has increased its aluminium ingot price also by INR 3,250 per tonne to INR 234,750 per tonne, with effect from December 17. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal...
A recent report released by Metal Packaging Europe and European Aluminium reveals that the overall recycling rate of aluminium beverage cans in the European Union, Switzerland, and Iceland remained stable in 2019 at 75.8 per cent. In line with the increase in aluminium can consumption, the production of aluminium from recycled cans reached a record level of 488,000 tonnes, saving 4 million tonnes of CO2 emissions (equivalent to the amount of GHG emissions produced by a European town of 440,000 inhabitants like Bratislava, Tallinn or Murcia. Can manufacturers, members of Metal Packaging Europe, and their aluminium suppliers, members of European Aluminium, welcomed the new report but added that the recycling rates could go even higher with a little more effort. In March 2021, the two...
