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 Shanghai Metals Market, the average alumina spot price has been in the declining phase since early November. On Friday, December 17, the price has dropped by RMB 26 per tonne or by 0.96 percent to settle at RMB 2,834 per tonne. In Shandong and Henan, the average alumina spot price has gone down by RMB 25 per tonne to come in at RMB 2,590 per tonne and RMB 2,825 per tonne. In Shanxi as well the price has moved down by RMB 25 per tonne to record at RMB 2,825 per tonne. On the other hand in provinces like Guizhou, the price has climbed down by RMB 25 per tonne to stand at 2,925 per tonne for the same day. In Guangxi, the price has decreased by RMB 45 per tonne to register at RMB 2,755 per tonne. In Lianyungang and Bayuquan, the price has remained restrained to peg at RMB...
The World Bureau of Metal Statistics (WBMS) released a report on Wednesday, December 15, revealing the shortage of 1.366 million tonnes of global primary aluminium supply from January to October 2021, in contrast to the metal surplus of 1.271 million tonnes in 2020. The global demand for primary aluminium from January to October 2021 totalled 57.62 million tonnes, an increase of 4.42 million tonnes a year ago. Demand is measured by apparent data, and the nationwide blockade may affect trade statistics. Primary aluminium demand in Japan grew by 265,000 tonnes, while that in the United States increased by 112,000 tonnes. The global production of primary aluminium rose 4.1 per cent during January-October compared to the same period last year. As a result, inventory at the end of October was...
The principal naval force of Australia, the Royal Australian Navy anticipates that its new Evolved Cape Class patrol boats might now be delayed for around nine months, which is expected to incur an additional expenditure of $44 million to keep its ageing fleet in the water, following the importation of flawed aluminium from China. It was unveiled in March 2021 that Austal, the Australian shipbuilder had discovered inadequacy in the quality of the material, which has been sourced from Wuhan. At that time the office of Defence said: “We expected the scheduled launch dates of all six boats to be delayed by between four and 16 weeks.” Currently, the report from Auditor-General has disclosed “the delays have been significantly upgraded to between six and nine months, partly because Austal is...
LME aluminium opened at US$2,605 per tonne on Thursday and closed at US$2,690.5 per tonne, an increase of US$80 per tonne or 3.08 percent. On Thursday, December 16, LME aluminium cash (bid) price hiked by US$32 per tonne or by 1.23 percent to close in at US$2,628 per tonne. LME aluminium official settlement price also levelled up by US$33 per tonne or by 1.27 percent to come in at US$2,630 per tonne. 3-month bid price and 3-month offer price totalled at US$2,644 per tonne and US$2,645 per tonne for the same day. December 22 bid price and December 22 offer price was recorded at US$2,638 per tonne and US$2,643 per tonne. LME aluminium opening stock registered at 984650 tonnes. Live warrants and cancelled warrant for the same day was found out to be 849025 tonnes and 135625 tonnes,...
The Manchester-based asset-based lender, Praetura Commercial Finance has sanctioned an £11.4 million funding package to Evtec Aluminium for the acquisition of Liberty Aluminium Technologies. Praetura Commercial Finance arranged and provided the £11.4 million asset-based lending (ABL) facility entitled the chairman of Evtec Aluminium, David Roberts to acquire plants in Coventry and Kidderminster that produce aluminium castings. The buying of the recently founded Evtec Aluminium will fasten the future of around 200 highly skilled jobs in the West Midlands and it will imperatively keep the production of these aluminium castings within the UK. The facility will produce a wide range of lightweight aluminium castings components used for car powertrains that convert engine power into a movement...
The chairman of Aluworks PLC, Prof Lade Wosornu stated that the Ghana Revenue Authority’s custom division has stirred to impose an additional duty of 35.77% on cheap aluminium products imported from China, that will empower Aluworks, the aluminium continuous casting and cold rolling mill of Ghana to compete favourably in terms of the pricing of its products. Prof Wosornu, while speaking at the 34 th annual general meeting, which was held virtually, said: “The Ghana International Trade Commission (GITC) wrote to the company to confirm that the customs division had commenced the processes for the implementation of the ruling on Aluworks' petition.” In 2020, Aluworks petitioned GITC to put measures in place to deal with the dumping of cheap aluminium products imported from China that was...
Social inventories of primary aluminium in China have extended the fall this week to stand at 910,000 tonnes, as of December 16, found the Shanghai Metals Market. SMM data shows the inventories have plunged today by 42,000 tonnes across eight major consumption areas, including SHFE warrants, contributed mainly by Wuxi. A week ago, on December 9, primary aluminium inventories stood at 952,000 tonnes after being decreased by 50,000 tonnes week-on-week. The chart below indicates the current status of primary aluminium inventories across China in more detail: In Wuxi, primary aluminium inventories have plummeted by 24,000 tonnes from the previous week to stand at 354,000 tonnes, while the inventories in Nanhai have declined by 9,000 tonnes to settle at 211,000 tonnes. In Hangzhou and...
According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 10,000 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 75,500 tonnes as of Thursday, December 16. Except for Huzhou, where inventory remained unchanged from the previous week, all four markets witnessed local social inventory fall to varied degrees. Wuxi and Nanchang were responsible for the majority of the decreases, with inventories falling by 5,000 mt and 2,800 mt, respectively, a loss of 26.18 percent and 26.67 percent week on week. According to warehouse feedback, aluminium billet arrivals were low, particularly in Wuxi and Nanchang, as aluminium billet makers were less eager to make shipments when conversion margins were low recently. The chart...
According to the US Geological Survey (USGS), the United States exported 5,920 tonnes of US aluminium scrap to Thailand in September 2021, showing a month-on-month hike of 820 per tonne or by 16.07 percent. In August 2021, 5,100 tonnes of US aluminium scrap was exported to Thailand, showing a surge of 880 per tonne from 4,220 tonnes in July 2021. On a year-on-year calculation, US aluminium scraps export to Thailand in September 2021 escalated by 330 tonnes or by 5.90 percent from 5,590 tonnes. From January to September, the exported aluminium scraps to Thailand stood at 51,500 tonnes. For the same period last year, the amount totalled at 53,900 tonnes. Based on the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude metals and alloys, and scrap, exported to...
The globally diversified mining and metals company producing bauxite, alumina, aluminium among other commodities, South32 with its headquartered in Perth, Western Australia secured $1.4 billion (R22.5bn) in commitments from financiers until 2026, manifesting its new credit facility as a sustainability-linked loan. The credit facility, which has a course of action for a two-year extension, recapitalizes the group’s enduring undrawn revolving credit facility that is due for a lapse in 2023. The miner stated that the facility has been entrenched as a sustainability-linked loan with proceedings linked to allegiance for scaling down emissions and advancement in energy and water use efficiency. Katie Tovich, the CFO of South32 said: “Sustainable development is at the heart of our purpose and...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices back-to-back, with effect from Thursday, December 16. After a cut of INR 2,750 per tonne on December 15, Hindalco’s aluminium ingot price sees another slash of the same amount on December 16 to stand at INR 231,500 per tonne. On December 15, the company’s aluminium ingot price stood at INR 234,250 per tonne compared to INR 237,000 per tonne on the previous day. Hindalco’s aluminium wire rod price has also been shrunk by INR 2,750 per tonne on December 16 from INR 245,350 per tonne to INR 242,600 per tonne. The latest cut has brought the aluminium billets price to INR 245,600 per tonne, which is down by INR 2,750 per tonne as well from INR 248,350 per tonne. Hindalco Industries has back-to-back cut...
The Aluminium Stewardship Initiative has reportedly certified Alvance Aluminium Dunkerque against the Chain of Custody certification for the production of aluminium rolling slabs and foundry ingots for remelting. The aluminium slabs and ingots produced at the Dunkerque facility are destined for the use in transport, automotive, packaging, building and construction industries. The site has a production capacity of over 284,000 tonnes of aluminium products per annum. In August 2020, the plant also achieved the Performance Standard Certification. Fiona Solomon, Chief Executive Officer at ASI, said: “ASI warmly congratulates Aluminium Dunkerque on achieving Chain of Custody Standard Certification at its smelting and casting facility, the largest primary aluminium smelter in Europe. This...
The epidemic has wreaked havoc on a variety of industries, including aluminium cans. Due to supply chain issues, aluminium cans are in short supply. As a result, the prices of canned beer in local breweries could go up. For brewers, it's just another stumbling block on the road back to life before the COVID epidemic. “Over the last 2 years it’s been extremely difficult to actually have any kind of consistency. Supply chains have been stressed and at times we were not able to get anything. The aluminum manufacturers just can’t keep up. Since COVID happened everyone shifted to packaged goods so not just the beer industry, it’s also the soda industry, juice industry everyone is selling more to-go products than they were pre-COVID,” said Jon Powell, Owner and Brewer of Hop and Sting Brewing...
On 15 th December 2021, Mubadala Investment Company backed Emirates Global Aluminium (EGA) publicized that Chief Commercial Officer and architect of the marketing strategy that made EGA the biggest ‘premium aluminium’ producer in the world, Walid Al Attar is to step down after 37 years of service to the company. However, Walid Al Attar will pursue to deliver his expertise as a senior advisor to EGA’s Chief Executive Officer Abdulnasser Bin Kalban. The Chief Marketing Officer since February 2021, Adel Abubakar will now directly report to the CEO of EGA. Adel Abubakar has been associated with EGA since 2006, which comprised working for almost a decade in the United States, developing the aluminium company’s North American business. The CMO will also shoulder the responsibility for EGA’s...
Three-month LME aluminium opened at US$2,630 per tonne on Wednesday, December 15, and closed at US$2,601 per tonne, down $21 per tonne or 0.8 per cent. On Wednesday, December 15, LME aluminium cash (bid) price and LME aluminium official settlement price decreased for the second day in a row this week by US$39 per tonne to stand at US$2,596 per tonne and US$2,597 per tonne, respectively. 3-month bid price and 3-month offer price slipped US$40.50 per tonne and US$41 per tonne to hover around US$2,589.50 per tonne and US$2,590 per tonne. December 22 bid price closed at US$2,583 per tonne and December 22 offer price settled at US$2,588 per tonne. LME aluminium opening stock increased to 990550 tonnes. Live warrants hiked to 861800 tonnes but Cancelled Warrants dropped to 128750 tonnes. LME...
On Thursday, December 16, the average alumina spot price has slumped by RMB 41 per tonne to stand at RMB 2,860 per tonne, says Shanghai Metals Market. To begin with, in Henan and Shanxi, the average alumina spot price has slipped by RMB 50 per tonne to peg at RMB 2,850 per tonne for both provinces, respectively. In Shandong, the price has gone down by RMB 25 per tonne to close in at RMB 2,975 per tonne. In provinces like Guizhou and Guangxi the price has remained restrained to stand at RMB 2,950 per tonne and RMB 2,800 per tonne. In Lianyungang and Bayuquan also the price has stayed unchanged and settled at RMB 3,000 per tonne and RMB 3,050 per tonne, for the same day. The Australian alumina FOB price has remained the same to stand in at RMB 345 per tonne. According to SMM, the price of...
The leading Austrian premium supplier of high-quality cast and rolled aluminium products used in a wide range of industries, AMAG Austria Metall AG is now grabbing the remaining 30% of the German firm Aircraft Philipp (ACP), based in Übersee am Chiemsee following the initial stakeholding in October 2021. 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. This name change represents the expansion of AMAG’s product portfolio into components and ready-to-install aluminium and titanium components for the international aerospace industry. The combination of the foundry and rolling mill in Ranshofen with mechanical production at the two AMAG components...
Rusal, the world’s leading aluminium producer, has announced the investment of more than 870 million rubles (US$12 million) in repairing and modernising its plant SKAD for the production of aluminium alloy car wheels. SKAD is Russia’s largest enterprise of producing cast aluminium alloy car disks, founded in 2002. Rusal says that it has already completed a comprehensive programme of overhauls and modernisation of production at the SKAD plant. The company has refurbished workshops and carried out the main process equipment on the production line, and also installed new foundry machines and equipment for aluminium wheels production, including those from the “Almaz” line, as well as new equipment for in-line quality control of each wheel. There are now two wheel painting complexes at the...
