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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Montana Correctional Enterprises (MCE) received nearly 40,000 pounds of aluminium last week, allowing workers to resume regular licence plate manufacturing for the state of Montana after contending with a shortfall of aluminium in late October due to supply chain interruptions. MCE is a division of the Montana Department of Corrections, and its licence plate facility in Deer Lodge manufactures around 750,000 plates each year for all 56 Montana counties. MCE ran out of aluminium at the end of October, and owing to nationwide material scarcity, the shop had no clear indication from suppliers as to when it should anticipate its next shipment. Butler and her team decided that as a short-term remedy, MCE would print licence plates using the same reflective sheeting used in its regular...
The integrated electricity company located in Niksić, Montenegro Elektroprivreda Crne Gore (EPCG) stated that the government has the power to decide whether the company should take charge of the production at KAP aluminium smelter owned by Montenegro's Uniprom. The majority state-owned power supplier EPCG on 13 th December 2021 said it is not registered for aluminium production, so the decision of regardless to accept the proposal of Uniprom should be formulated by the majority shareholder. On 11 th December, Uniprom proposed to EPCG to take charge of the production at KAP smelter gratis for a year commencing from 1 st January 2022 to evade the facility’s shut down due to a hostile energy price, which EPCG has tendered to be effective in early 2022. EPCG said: "The board of directors...
Aluminium foil is generated by rolling sheet ingots cast from molten billet aluminium, then re-rolling on sheet and foil rolling mills to the required thickness or by consistently casting and cold rolling. However, to maintain a constant thickness in aluminium foil production, beta radiation is passed through the foil to a sensor on the other side. The organisation for Economic Cooperation and Development stated that Poland's economy is anticipated to up-rise by around 5% both in 2021 and 2022 while pointing to the need to diminish fiscal support given the good economic situation. The Polish export of aluminium foil during 2018-20 stands at 116,846 tonnes, incurring revenue development to the country’s forex of $343.87 million from the export. In 2018, Poland’s export of aluminium foil...
Hydro is nearing to give shape to its new sustainability ambition, announcing to most likely deliver the first commercial volumes of near-zero carbon aluminium in 2022. This will be an initial step to its continuing efforts towards an industrial-scale pilot producing carbon-free aluminium by 2030. Hydro says that it will deliver the first commercial volumes of aluminium with 0.5-1 kg CO2/kg aluminium, which will come from the use of more recycled post-consumer aluminium scrap, a significant improvement from the current 2.3 kg CO2/kg aluminium in Hydro CIRCAL extrusion ingot. President and CEO Hilde Merete Aasheim said, “The world needs a green transition to fight climate change. This is both our most important challenge and our biggest opportunity. The world must reduce its carbon...
On Tuesday, December 14, Vedanta Aluminium Business launched its Sustainable Development Report (SDR) titled, ‘Nature, Nurture, Future’, for FY 2020-21. Vedanta Aluminium Business, a part of Vedanta Limited, is India's largest aluminium maker, generating more than half of the country's aluminium, or 1.97 million tonnes in FY21. The report was launched on World Energy Conservation Day in the campus connect programme with TERI School of Advanced Studies. The programme was attended by students, alumni and faculty from TERI SAS. The report summarises the company's performance in key sustainability areas such as energy and climate change management, water management, biodiversity management, air quality and emissions control, health and safety, social impact and governance, and so on for the...
The leading industrial conglomerate committed to a sustainable future, Norsk Hydro stated that the company will invest R$ 1.3 billion ($230 million) at its Alunorte alumina refinery in Brazil to supersede heavy fuel oil with natural gas. On 13 th December 2021, the company said in a statement: “Work on the project at the plant in northern Pará state will start in the first quarter of 2022 and is expected to be in operation in 2023.” Hydro further added: “The fuel switch will reduce the refinery’s annual CO2 emissions by 700,000t.” John Thuestad, the Executive Vice President of Hydro Bauxite & Alumina said: “We are committed to invest in developing the world’s largest alumina refinery and to reduce the greenhouse gas emissions. The fuel switch is a milestone in our sustainability...
Norsk Hydro has announced that it will build a new remelt facility at its aluminium extrusion plant in Szekesfehervar, Hungary, with an annual capacity of 90,000 tonnes. Hydro’s extrusion plant in Hungary is the largest in Europe, having six presses and extensive fabrication and surface treatment capabilities. As per the report, the new remelt facility, which involves the total investment of EUR 88 million, is expected to commence production in the first quarter of 2024. The facility will allow the plant to take back production scrap and create closed loops. In a closed loop, production scrap from customers like the automotive tier-one suppliers is collected and sent back directly to the remelt plant. Hydro’s new remelt facility adjacent to the extrusion plant will also remove...
LME aluminium opened at US$2,655 per tonne last night and closed at US$2,622 per tonne, down 1.35 percent or $36 per tonne. On Tuesday, December 14, LME aluminium cash (bid) price stood at US$2,635 per tonne, after descending by US$40 per tonne or by 1.49 percent. LME aluminium official settlement price also moved down by US$41 per tonne or by 1.53 percent to close at US$2,636 per tonne. Prices of aluminium dipped on Tuesday as stockpiles in London Metal Exchange-registered warehouses increased, although losses were capped by strong demand and predicted restricted supply in major producer China. On the other hand, 3-month bid price and 3-month offer for the same day was recorded at US$2,630 per tonne and US$2,631 per tonne, respectively. December 22 bid price closed at US$2,623 per tonne...
The average alumina spot price in China has continued to decline for over two weeks in a row to stand at RMB 2,901 per tonne as of Wednesday, December 15. According to the Shanghai Metals Market, the price has decreased by RMB 52 per tonne from RMB 2,953 per tonne on December 14. In Henan, Guizhou, and Guangxi, the alumina spot price has shrunk by RMB 60 per tonne to RMB 2,900 per tonne, RMB 2,950 per tonne, and RMB 2,800 per tonne, respectively, while the price in Shandong and Shanxi has slipped by RMB 50 per tonne to RMB 3,000 per tonne and RMB 2,900 per tonne. Australian alumina FOB price has recorded a drop of US$20 per tonne on December 15 to peg at US$345 per tonne after remaining restrained on December 13 and 14, learned SMM. A00 aluminium ingot price has increased for the second...
The Indonesian state-owned company specialized in aluminium smelting, Inalum Operating as part of the BUMN Holding Mining Industry MIND ID is dedicated towards the development of the national aluminium industry cluster. However, Inalum through its subsidiary PT Indonesia Aluminum Alloy (IAA) will gradually produce secondary aluminium billets with a production capacity of 50,000 tonnes per year. In the future, various extruded aluminium products as derivative products will also be produced. On 8 th December 2021, the initiative was witnessed by the groundbreaking revamping or Engineering Procurement Construction (EPC) of the secondary billet aluminium smelting plant in Kuala Tanjung, Batu Bara Regency, North Sumatra. The revamp work is carried out by IAA in collaboration with PT Rekayasa...
According to the US Census data, the United States aluminium scrap exports to Malaysia stood at 41,200 tonnes in September 2021, bringing the total exports in Q3 to 143,700 tonnes. On a month-on-month basis, the United States aluminium scrap exports to Malaysia in September 2021 edged 27.59 per cent fall than 56,900 tonnes. However, on a year-on-year calculation, the exports registered a hike of 9.57 per cent from 37,600 tonnes. Aluminium scrap exports in Q3 from the US to Malaysia saw an increase of 14.14 per cent quarter-on-quarter from 125,900 tonnes. On a year-on-year basis, the quarterly exports stood 12.44 per cent higher than 127,800 tonnes, showed the Census Bureau data. From January to September, the United States exported 380,000 tonnes of aluminium scrap in total, up by 29.69...
Nu-Tech Precision Metals Inc. ("Nu-Tech"), a specialised maker of speciality extruded metals, fabricated parts, and welded components, has been bought by Reliance Steel & Aluminum Co. (NYSE:RS). Reliance Steel & Aluminum Co., founded in 1939 and located in Los Angeles, California, is a major global diversified metal solutions supplier and North America's biggest metals service centre firm. Reliance's average order size in 2020 was $1,910, with around 49 percent of transactions containing value-added processing and 40 percent of orders being delivered within 24 hours. Nu-Tech was founded in 1985 and is located in Arnprior, Ontario, near Ottawa. It services a wide range of businesses across North America, including nuclear, aerospace, and military. Tube, pipe, engineered shapes, and round...
Hindalco Industries Limited has further increased its aluminium products and aluminium ingot prices, with effect from Tuesday, December 14, after the last hike nearly a week ago on December 8. Hindalco’s aluminium wire rod price has climbed by INR 5,250 per tonne or 2.16 per cent to stand at INR 248,100 per tonne as of December 14. On last Wednesday, December 8, the company’s aluminium wire rod price stood at INR 242,850 per tonne after being raised by INR 2,250 per tonne from the previous day. Hindalco’s aluminium billets price has also seen an increase of INR 5,250 per tonne from INR 245,850 per tonne on December 8 to INR 251,100 per tonne on December 14. Aluminium ingot price has come in at INR 237,000 per tonne, up by INR 5,250 per tonne as well from INR 231,750 per tonne a week ago....
Aluminium flake is a granular powder that is reaped from pure molten aluminium metal and is generally consumed and utilized in the pigments and coatings industries. According to Trading Economics global macro models and analysts expectations, the GDP of Poland is expected to reach $625.00 billion by the end of 2021. The Central European nation imported 3672 tonnes of aluminium powder and flakes during 2019-20, incurring a revenue outflow of $9.64 million for the import. Poland’s import of aluminium powder and flakes in 2019 was registered at 2602 tonnes, marking revenue expenditure of $6.43 million, whereas, in 2020, the import revealed a sharp downfall by 58.87%, as the import volume plunges to 1070 tonnes and the expenditure also pulls down to $3.21 million. The import of aluminium...
The United States made an offer to Japan to address the disagreements over tariffs imposed on Japanese steel and aluminium in 2018 under former President Donald Trump, stating the people familiar with the situation. According to the anonymous sources, the proposal for the same has been submitted by the Commerce Department and office of the US Trade Representatives to the new government officials under Prime Minister Fumio Kishida. The Department of Commerce refused to comment on the situation as of now, while the United States Trade Representative and the Japanese Embassy in Washington decided to stay mute for comments on the same situation. The metals spat began in 2018, when Trump placed tariffs on steel and aluminium imports from the European Union, Asia, and other countries, claiming...
India’s ministry of mines has reportedly recommended the ministry of finance to raise the import tariff on primary aluminium products, such as ingots and billets, from the existing 7.5 per cent to 10 per cent. The news came after industry sources said on Friday, December 10. “Earlier this week, private players of the domestic aluminium industry have approached the finance ministry for an import duty hike via the ministry of mines,” sources close to the development told Business Standard. As per the report, this recommendation has been made to discourage cheap imports of primary aluminium into the country and ramp-up the use of domestic metal. The top three aluminium producers in India like Hindalco Industries, Anil-Agarwal-led Vedanta Limited and National Aluminium Company (NALCO) are...
Aluminij Industries d.o.o., a part of the M.T. Abraham Group and Anglo-Swiss multinational commodity trading company, Glencore International AG has inked a contract for the supply of 300,000 tonnes of primary remelt aluminium, covering the anticipated consumption for 2022 and 2023. Concurrently, the commodity trader Glencore with headquarters in Baar, Switzerland has committed to selling more than 230,000 tonnes of primary aluminium alloy billets over the same period. With more than twenty years of shared experience with Aluminij’s products, Glencore possesses the necessary network and expertise to market the PLM13™ series billets. Produced by semi-continuous vertical casting, using Wagstaff AirSlip advanced technology, the PLM13 series ensures the delivery of high-performance products to...
On Tuesday, December 14, the average alumina spot price in China has recorded a continued decline of RMB 24 per tonne or by 0.80 percent to close at RMB 2,953 per tonne, found the Shanghai Metals Market. The average alumina price in Guizhou and Guangxi has slipped by RMB 15 per tonne to settle at RMB 3,010 per tonne and RMB 2,680 per tonne, as of December 14. In Lianyungang and Bayuquan, the average alumina prices moved down by RMB 150 per tonne to total in at RMB 3,000 per tonne and RMB 3,050 per tonne. In Shandong and Henan also prices slumped by RMB 25 per tonne to peg at RMB 3,050 per tonne and RMB 2,960 per tonne. In Shanxi the price declined by RMB 25 per tonne to total in at RMB 2,950 per tonne. The Australian alumina FOB price has remained the same to stand in at RMB 365 per...
