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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Century Aluminum Company, US-based primary aluminum producer, has reportedly announced the addition of a member to its Board of Directors. With the appointment of Jennifer Bush, the company’s total members in the Board have come to six. Bush is appointed as an independent director with an immediate effect with a term expiring at Century’s annual meeting of stockholders in 2022. Ms. Bush served Cummins Inc. since 1997. From 2017, she was the Vice President, Cummins Sales and Service, North America. She leads the North America distribution business, overseeing a $5 billion segment with more than 250 locations and 9,000 employees. Ms. Bush joins Century with 25 years of experience of global P&L, commercial and operational leadership in industrial businesses to the Board, along with a strong...
According to the US Geological Survey (USGS), the US imported 6,380 tonnes of US aluminium plates, sheets and bars from Oman in September 2021, showing a month-on-month decrease of 2,670 tonnes or by 29.50 percent. In August 2021, 9,050 tonnes of US aluminium plates, sheets, and bars were imported from Oman, showing descend of 330 tonnes from 8,720 tonnes in July 2021. On a year-on-year calculation, US aluminium plates, sheets, and bars imported from Oman in September 2021 hiked by 3,200 tonnes or by 100.62 percent from 3,180 tonnes. From January to September, the imported aluminium plates, sheets, and bars from Oman totalled at 66,600 tonnes. For the same period last year, the amount registered at 46,200 tonnes. As per the data shared by the USGS, the total amount of aluminium plates,...
Hindalco Industries Limited raised its aluminium ingot and aluminium products prices on Wednesday, December 8, following a cut on the previous day, December 7. The company’s aluminium ingot price saw a rise of INR 2,250 per tonne from INR 229,500 per tonne to INR 231,750 per tonne, as of December 8. Hindalco’s aluminium wire rod price came in at INR 242,850 per tonne on December 8 after being raised by INR 2,250 per tonne as well from 240,600 per tonne on December 7. Aluminium billets price increased from INR 243,600 per tonne to INR 245,850 per tonne, also up by INR 2,250 per tonne. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which on December 7 increased by US$24.50 per tonne to US$2,625 per tonne....
The developer of high technology businesses, ABx Group’s 87% owned chemical refining subsidiary, Alcore starts off the construction of a pilot plant, which will focus to produce precursor chemicals used to recover fluorine from aluminium smelter waste termed as “excess bath”. The Sydney, Australia based company presumes Alcore’s exclusive technology for recycling excess bath into high-value products like aluminium fluoride that might deliver economic and environmental benefits to the country’s aluminium smelters depending on imports. The inorganic compound Aluminium fluoride is generally used in the production of aluminium in welding applications and ceramic glazes and enamels, while its demand has been enormously enticed by the building and construction industry, as there is also a surge...
LME aluminium opened at US$2,625 per tonne last night and closed at US$2,635 per tonne, an increase of US$10.5 per tonne or 0.4 percent. On Wednesday, December 8, LME aluminium cash (bid) price inched by US$0.5 per tonne or by 0.01 percent to peg at US$2,625 per tonne. LME aluminium official settlement price increased slightly by US$1 per tonne or by 0.03 percent to close at US$2,626 per tonne. 3-month bid price and 3-month offer price stood at US$2,625 per tonne and US$2,627 per tonne. December 22 bid price and December 22 offer price totalled at US$2,618 per tonne and US$2,623 per tonne. LME aluminium opening stock was recorded at 894350 tonnes. Live warrants for the same day totalled at 710375 tonnes and cancelled warrant closed at 183975 tonnes. LME aluminium 3-month Asian Reference...
The average alumina spot price in China has recorded a continued decline of RMB 55 per tonne to RMB 3,072 per tonne on Thursday, December 9, found the Shanghai Metals Market. In Shandong, the price has shrunk by RMB 75 per tonne to RMB 3,175 per tonne, while the price in Shanxi has dwindled by RMB 65 per tonne to stand at RMB 3,050 per tonne. In Henan, the average alumina spot price has decreased by RMB 55 per tonne to peg at RMB 3,060 per tonne, followed by the fall of RMB 40 per tonne and RMB 30 per tonne in Guizhou and Guangxi, respectively, to close at RMB 3,200 per tonne and RMB 3,020 per tonne. The Australian alumina FOB price has registered a drop of US$7 per tonne to US$360 per tonne on December 9 after a restraint at US$367 per tonne on December 8, learned SMM. A00 aluminium...
On 8 th December 2021, the American multinational automotive manufacturing company, General Motors announced its plan to spend $51million to install new state-of-the-art equipment at Bedford, Indiana aluminium die casting foundry to manufacture drive unit castings for the upcoming Chevrolet Silverado EV and other current casting applications. The renovation work is all set to commence immediately at the foundry, whereas, earlier this year the 1m square foot site began producing electric drive unit castings for the 2022 GMC Hummer EV pickup and 2024 SUV. The production of the truck initiates this month at GM’s Factory Zero assembly plant, located in Detroit and Hamtramck, Michigan. Phil Kienle, GM Vice President of North America Manufacturing and Labour Relations said: “Our Bedford...
On 7 th December 2021, the leading global aluminium producer announced that it has secured the silver sustainability recognition level from EcoVadis, the world’s largest and most trusted business sustainability rating provider. EcoVadis also supplies intelligence and collaborative performance improvement tools for global supply chains. The Russian aluminium giant is constantly working to enhance its environmental, social and management indicators, introducing sustainable development principles into the activities of all structural divisions and enterprises. However, this year, the company was awarded the EcoVadis Silver medal following an independent assessment, which confirms RUSAL's significant progress in improving sustainable development practices compared to the 2020 assessment, when...
According to the latest data revealed by the Shanghai Metals Market, alumina production in China in November (30 days) 2021 stood at 6.24 million tonnes, of which metallurgical-grade alumina was 6.1 million tonnes. On a month-on-month calculation, the production of metallurgical-grade alumina stood 0.83 per cent higher than 6.05 million tonnes. The average daily output of metallurgical-grade alumina was 203,000 tonnes, an increase of 4.14 per cent month-on-month and 5.19 per cent year-on-year. From January to November, China’s total production of metallurgical-grade alumina amounted to 65.8 million tonnes, up by 6.93 per cent from the same period last year. The metallurgical-grade alumina output grew in November compared with the previous month as the increase in alumina prices prompted...
The global leader in aluminium engineering, manufacturing and innovation, Gränges has secured the Platinum rating award from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. Platinum is the highest rating awarded by EcoVadis and it positions Gränges among the leading 1% of companies assessed globally in its industry. The sustainability rating from EcoVadis illustrates that Gränges has efficiently integrated sustainability principles into its business and that successful results have been achieved across the four categories assessed: environment, labour and human rights, sustainable procurement, and ethics. Sofia Hedevåg, SVP Sustainability at Gränges said: “We are very proud that Gränges has been awarded a Platinum medal by EcoVadis. It...
Canyon Resources reportedly plans to release the bankable feasibility study for its Minim Martap bauxite project in January 2022, including improving rail production capacity and developing a superior port handling facility. Fresh modelling from West African rail engineering consultant Vecturis has said rail that traffic capacity of the project is better than previous anticipated, which will allow the production of Minim Martap bauxite to increase by more than 20 per cent from the original target. Canyon Resources and the Cameroon Ministry of Transport and Camrail have also carried out a review of rail operations methodology that has found out the possibility of increasing tonnage and improving rail efficiencies. Ongoing negotiations between Canyon and Douala Port Authority (PAD) have...
Aluminium package recycling rates have once again reached record-breaking levels, according to Q3 figures issued by the Environment Agency in November, and appear to be on course to exceed their annual objective. In the third quarter of 2021, 39,974 tonnes of aluminium packaging were collected for recycling, which recorded a surge of 15 percent Y-o-Y from 34,700 tonnes in the previous year. From January to September, the total amount of aluminium packaging collected for recycling was 121,277 tonnes. For the same period last year, 111, 754 tonnes of aluminium packaging were collected, an increase of 9 percent in 2021. With a net yearly need of 134,243 tonnes and a carry-in of 8,326 tonnes, all indicators point to a record-breaking recycling rate for 2021, even though three months of the...
On Wednesday, December 8, South Korea’s antitrust regulator said a decision is taken to impose a combined 20.7 billion won ($17.6 million) in fines on eight aluminium alloy makers for plotting to fix bidding prices. Altechno Metal, specialised in producing aluminium ingot, rolling and drawing, along with seven other firms colluded to fix their quotations between 2011 and 2021 for bids on aluminium alloy products by the country’s largest carmaker Hyundai Motor Co. and its affiliate Kia Corp., according to the Fair Trade Commission (FTC). Prior to the bidding, the companies colluded to divide the total volume of orders by Hyundai Motor into similar amounts and fix the bidding prices in accordance with pre-set amounts. This helped them bag certain amounts of orders every year since 2011 at...
South Korea stands with an economic freedom score of 74.0, making the economy the 24th freest in the 2021 Index. However, its overall score remains unaltered, with an improvement in the government spending score offset by declines in investment and financial freedom. The economy pursues to maintain its ranking among the freest countries. A well-educated labour force and a high capacity for innovation have supported companies to capitalize on the country’s participation in the global trading system. The East Asian nation on the southern half of the Korean Peninsula, South Korea exported 49,862 tonnes of aluminium bar rods and profiles during 2019-20 incurring revenue development of $191.05 million from the export. In 2019, the export of aluminium bar rods and profiles from South Korea was...
Alinta Energy, an Australian energy business, has announced intentions to develop a 1GW wind farm 10 kilometres off the coast of Portland, Victoria. The project would make the Portland aluminium smelter one of the country's first to run entirely on renewable energy. It will provide energy to the Portland Aluminium Smelter as well as to the east coast electricity grid. Alinta announced on Tuesday that the Spinifex offshore wind project will cost up to $4 billion and would create new construction and operational jobs, as well as assist safeguard jobs at the smelting site. Before finalising the $4 billion project, wind monitoring, site assessments, investment and consultations are planned to take place next year. “The area we’re investigating is around 500km and about ten kilometres from the...
In November (30 days) 2021, China’s aluminium production stood at 3.07 million tonnes, reflecting a year-on-year decrease of 3 per cent, found the Shanghai Metals Market. The daily average output came in at 102,000 tonnes, flat on the month. From January to November, China’s total aluminium production amounted to 35.32 million tonnes, an increase of 4.35 per cent year-on-year. The domestic aluminium capacity increased slightly in November, but the capacity in Guangxi and Chongqing decreased due to power rationing. The accident at an aluminium plant in Wenshan, Yunnan, also affected the monthly output. However, some aluminium plants in Henan, Yunnan, and Inner Mongolia resumed production, which partially offset the production downfall. China’s aluminium capacity stood at 37.46 million...
The Australian securities exchange registered firm Canyon Resources Limited announced that, through its wholly-owned Cameroon subsidiary Camalco Cameroon SA, it has attended four formal sessions with the Government of Cameroon to negotiate terms of the Mining Convention for the Minim Martap Bauxite Project, located in the Adamoua Region of Cameroon. The sessions were attended in person by senior representatives of the Cameroon Government, senior executives from Camalco and Canyon and Camalco’s advisors. On 5 th November 2021, the negotiations commenced when Camalco presented the Project to an audience of approximately 80 representatives of the Ministry of Mines and other Government administrators. The meeting incorporated an illustrated presentation of the Project by Camalco management...
The average alumina spot price has been in the declining phase since November 25. According to the Shanghai Metals Market, the average alumina spot price has shrunk by RMB 68 per tonne or by 2.12 percent to close at RMB 3,127 per tonne, as of December 8. The average alumina price in Henan and Shanxi has slipped by RMB 25 per tonne and by RMB 75 per tonne to come in at RMB 3,115 per tonne. In Guizhou, the price has remained unchanged and closed at RMB 3,240 per tonne. The average alumina price in Shandong and Guangxi has descended by RMB 40 per tonne and RMB 15 per tonne, as of December 8. The price for both the provinces has been recorded at RMB 3,250 per tonne and RMB 3,050 per tonne for the same day. In Lianyungang and Bayuquan the price has remained the same to come in at RMB 3,150 per...
