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 a recent report, the United Kingdom Trade Secretary Anne-Marie Trevelyan will press the United States Commerce Secretary Gina Raimondo on Tuesday, December 7, to remove Trump-era tariffs on British aluminium and steel. “We’ve already made strong progress; from getting British beef and lamb back on U.S. plates, to lowering the cost of Scotch whisky exports by addressing the long-running Airbus-Boeing issue,” Trevelyan said in a statement. “Now is the time to hit the ground running and get on with boosting ties with our closest ally.” As per the report, the tariffs bring distress to Prime Minister Boris Johnson, who pitched an improvement in trading relations with the United States as one of the major benefits of exiting the European Union. Johnson has already offered a...
The United States imported 3,510 tonnes of US aluminium plates, sheets, and bars from South Africa in September 2021, showing a month-on-month drop of 3,780 tonnes or by 51.85 percent, finds the US Geological Survey (USGS). 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, US aluminium plates, sheets, and bars imported from South Africa in September 2021 plunged 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 totalled at 26,200 tonnes. For the same period last year, the amount was recorded at 25,500 tonnes. According to the data shared by the...
Hindalco Industries Limited again reduced its aluminium ingot and aluminium products prices, with effect from Saturday, December 4, following an intermittent rise on December 2. The company cut its aluminium ingot price by INR 1,500 per tonne on December 2, bringing the price to INR 232,500 per tonne. Hindalco’s aluminium wire rod price also saw a dip of INR 1,500 per tonne from INR 245,100 per tonne on December 2 to INR 243,600 per tonne on December 4. Aluminium billets price came in at 246,600 per tonne, compared to INR 248,100 per tonne on the previous day. Hindalco inks its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which on December 2 decreased by US$14.50 per tonne to US$2,655 per tonne and further declined on...
The average alumina spot price in China has continued to fall on December 6, 2021, by RMB 55 per tonne to RMB 3,248 per tonne, found the Shanghai Metals Market. This marks the eighth consecutive working day of decline. In Shandong and Shanxi, alumina spot price has slumped by RMB 75 per tonne and RMB 65 per tonne, respectively, to come in at RMB 3,350 per tonne and RMB 3,250 per tonne. In Henan, alumina price has decreased by RMB 55 per tonne to RMB 3,260 per tonne, while the price in Guizhou and Guangxi has slipped by RMB 25 per tonne to peg at RMB 3,250 per tonne and RMB 3,075 per tonne, learned SMM. Australian alumina FOB price, on the other hand, has remained restrained at US$385 per tonne since November 25. Among the other primary aluminium input costs, bauxite (4.5≤Al/Si＜5.5) price...
LME aluminium opened at US$2,611 per tonne last Friday and closed at US$2,616 per tonne, an increase of US$3 per tonne or 0.11 percent. On Friday, December 3, both LME aluminium cash (bid) price and LME aluminium official settlement price moved down by US$7 per tonne or by 0.26 percent to score at US$2,647 per tonne and US$2,648 per tonne, respectively. On the other hand, 3-month bid price and 3-month offer price also decreased by US$12.5 per tonne and US$11 per tonne, to total at US$2,627 per tonne and US$2,629 per tonne for the same day. December 22 bid price and December 22 offer price stood at US$2,610 per tonne and US$2,615 per tonne. LME aluminium opening stock was recorded at 882800 tonnes. Live warrants and cancelled warrants for the same day stood at 677225 tonnes and 205575...
The first aluminium smelter in the Gulf region, Aluminium Bahrain B.S.C (Alba) has appointed Sayed Salah Sayed Aqeel as the new Acting Manager for Environment, Social and Governance (ESG) with immediate effect. To strengthen Alba’s ESG transformation drive, Sayed Salah will report directly to the CEO and spearhead Alba’s soon-to-be-announced Sustainability Fully-Fledged Roadmap. Ali Al Baqali, the Chief Executive Officer of Alba commented on establishing a standalone ESG department: “Sayed Salah’s appointment comes at an exciting time in our journey as we accelerate our focus to Alba’s ESG transformation and embrace our nation’s objectives under the leadership of HRH the Crown Prince and Prime Minister of Bahrain to reach net-zero by 2060.” Sayed Salah Sayed Aqeel, a Bahraini national...
The recycling of aluminium emerges with several vital environmental and economic advantages. Now keeping in mind with these energy and cost savings, many producers now have focused on increasing their usage of secondary materials. The week remained on a moderate version for the recycling segment, but the launch of AlCircle’s new report on “World Recycled Aluminium Market Analysis - Industry Forecast to 2026” will definitely deliver some new insights towards the vertical. This report provides a deeper look into the world aluminium recycling market and its possibility to grow more in the years ahead. In this report, AlCircle has highlighted the usage of recycled aluminium across major regions like China, North America, South America, Western Europe, Eastern Europe, etc. The market has...
The government officials of the island country in the southwestern Pacific Ocean, New Zealand are positive that Tiwai Point aluminium smelter will remain operational for an extended period if the aluminium prices stand high. However, the officials have also warned that there are risks included, as it will accumulate millions of tonnes of greenhouse gas emissions. The southernmost region of New Zealand, Southland has been adapting to survive with losing hundreds of jobs and a rise of spending when the aluminium smelter closes at the end of 2024. While the treasury documents revealed under the Official Information Act (OIA) evaluated strong aluminium prices drove the smelter with half a billion dollars better from the existing year. The officials update to the ministers stated: “While NZAS'...
The downstream aluminium segment has been in the news for a number of reasons. To begin with, Sortera Alloys, a Fort Wayne, Indiana-based company that uses patented sorting technology and artificial intelligence (AI) to create aluminium packaging from shredded autos, has received a $10 million investment led by Kirkland, Washington-based Breakthrough Energy Ventures. This was followed by the news of Raffmetal and Cromodora Wheels, a European recycler of aluminium alloys and the first equipment producer of aluminium wheels for major automakers, who have agreed to collaborate on the development, testing, and patenting of a unique high-performance primary alloys wheel from recycling. The Aluminium Stewardship Initiative has certified Gränges, an aluminium technology company, against the...
The pioneer in Japan’s chemical industry, Showa Denko K.K. has established neural network models to envisage mechanical properties of 2000-series aluminium alloys from their design conditions with high accuracy in collaboration with the National Institute for Material Science (NIMS) and the University of Tokyo (UTokyo). The developed models can accelerate the process to explore optimal compositions and heat-treatment conditions for aluminium alloys that can maintain strength at high temperatures and shorten development time for aluminium alloys to about half to one-third of that with conventional development method, which used to be not an easy task in the past. The metal aluminium has several applications because it is lighter than iron and easy to work with. However, it is usually used...
This week, the bauxite industry was in the news for a limited number of reasons. To begin with, Dr. Nigel Clarke, Jamaica's Minister of Finance and Public Service, said on Tuesday that Jamaicans may soon be able to participate in Jamalco, a bauxite mining/alumina firm, through an initial public offering (IPO). This was followed by the news of Australia's Metro Mining Ltd. announced that it has expanded and extended its Strategic Cooperation Agreement with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium) for the delivery of roughly 5 million wet metric tonnes of bauxite over the next three years. Metro Mining Ltd. of Australia stated last week that it has enlarged and extended its Strategic Cooperation Agreement with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium) for the...
New coronavirus variant Omicron seems to have started creating an impact on the global aluminium prices already, and this has been the highlight of the week. As reported on Thursday, December 2, the LME aluminium price recorded a fall of 0.9 per cent to US$2,640.50 per tonne at 0704 GMT before closing the day at US$2,655 per tonne. However, so far, the LME aluminium prices were partially offset by LME aluminium inventories, which dropped to 893,775 tonnes, the lowest since September 2007 and down by 55 per cent from March. To know more: https://www.alcircle.com/news/new-coronavirus-variant-omicron-starts-hitting-lme-aluminium-prices-suspects-industry-analysers-73039 That’s not all. Agonies hovering around the possible economic impact due to the onset of new coronavirus variant have also...
Bharat Aluminium Company Limited, India's leading aluminium producer, has recently bagged two CII Energy Conservation (ENCON) Awards 2021 for best energy management at its Power Plants. BALCO’s 1200MW Power Plant has become State Winner – Chattisgarh with a 4.75 Star rated certificate, and its 540MW Power Plant has won a 4.25 Star rated certificate in a large scale category. Both of these certificates stand testimony to BALCO’s operational excellence. On this important achievement, Abhijit Pati, CEO and Director BALCO, said: "At BALCO, we are committed to maximizing our efforts of energy conservation. With such efforts, we aim to achieve the larger goal of creating a sustainable future for the generations to come and contributing to the expeditious development of the nation. BALCO has...
Climate-friendly valves and post-consumer recycled (PCR) aluminium cans are being introduced throughout Beiersdorf's main Nivea aerosol products, resulting in a considerable decrease in total environmental footprint. The action was part of Beiersdorf's larger climate aims, which included a target of reducing total greenhouse gas (GHG) emissions by 30 percent in absolute terms by 2025, compared to 2018 levels, including scope 3 emissions created by ingredient and packaging suppliers in the value chain. Stefan De Loecker, Beiersdorf's long-serving past chairman of the board, stated in March 2020 that climate change is "one of the greatest issues of our time" and assured that the business will continue to work on tackling it. In its H2 2021 financial report, the firm restated its commitment...
According to the US Geological Survey (USGS), the United States imported 13,000 tonnes of US aluminium crude metals and alloys from Bahrain in September 2021, showing a month-on-month surge of 6,680 tonnes or by 105.69 percent. In August 2021, 6,320 tonnes of aluminium crude metals and alloys were imported from Bahrain, showing an increase of 4,270 tonnes from 2,050 tonnes in July 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Bahrain in September 2021 escalated by 6,740 tonnes or by 107.66 percent from 6,260 tonnes. From January to September, the imported aluminium crude metals and alloys from Bahrain closed at 83,900 tonnes. For the same period last year, the amount totalled at 55,700 tonnes. Based on the data shared by the United States...
Agonies hovering around the possible economic impact due to the onset of new coronavirus variant Omicron have reportedly begun hitting the benchmark aluminium price on the London Metal Exchange. On Thursday, December 2, the LME aluminium price recorded a fall of 0.9 per cent to US$2,640.50 per tonne at 0704 GMT before closing the day at US$2,655 per tonne. The most-traded January aluminium contract on the Shanghai Futures Exchange also closed down by 1.2 per cent to RMB 18,765 (US$2,944.87) per tonne. According to reports, heavily mutated Omicron is rapidly becoming the dominant variant of the coronavirus. In South Africa, the new variant of the virus outspread in less than four weeks after it was first detected there, while the United States on Wednesday became the latest country to...
On Wednesday, December 1, Aluminium Stewardship Initiative announced that CPI Ningxia Energy Aluminium Qingxin Carbon Co., Ltd. has joined ASI as the new General Supporter member. With this, the total number of members in ASI comes to 203. CPI Ningxia Energy Aluminium Qingxin Carbon Co., Ltd. (hereafter referred to as "QXC") is a completely owned subsidiary of SPIC Ningxia Energy Aluminium Qingxin Carbon Co., Ltd. QXC was founded in August 1999 and has approximately 398 million RMB in assets and 420 employees. QXC now possesses two carbon material production lines with a combined capacity of 40,000 tonnes, making it one of China's largest cathode carbon producers with the most diverse product lines. QXC has consistently adhered to the safety management objectives of "zero injuries, zero...
Hindalco Industries Limited grew its aluminium ingot and aluminium products prices on December 2, a day after it reduced the prices by INR 1,250 per tonne. With effect from December 2, the company’s aluminium ingot price saw an increase of INR 2,250 per tonne to INR 234,000 per tonne, backed on the rise in the LME aluminium benchmark price on December 1. Like any other Indian aluminium producer, Hindalco inks its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which on December 1 rose by US$34.50 per tonne from US$2,635 per tonne to US$2,669.50 per tonne. However, on a month-on-month calculation, the price still stood less by US$43.50 per tonne from US$2,713 per tonne. Hindalco’s aluminium wire rod price also saw a hike of...
