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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The average alumina spot price in China has recorded a week-long decline from November 25 to December 3. According to the Shanghai Metals Market, the price ends this week on Friday, December 3, at RMB 3,303 per tonne, losing RMB 48 per tonne from the previous day. Compared to a week ago, China’s alumina price is down by RMB 134 per tonne from RMB 3,437 per tonne on November 26. In Henan and Guangxi, the average alumina spot price has plunged by RMB 60 per tonne and RMB 50 per tonne, respectively, to settle at RMB 3,315 per tonne and RMB 3,100 per tonne. In Shanxi, the price is also standing at RMB 3,315 per tonne but by decreasing by RMB 35 per tonne. In Shandong, alumina price has dropped by RMB 35 per tonne as well to close at RMB 3,425 per tonne. Aluminium fluoride price, on the other...
LME aluminium opened at US$2,648.5 per tonne on Thursday and closed at US$2,613 per tonne down US$35 per tonne or 1.32 percent. On Thursday, December 2, LME aluminium cash (bid) price decreased by US$15 per tonne or by 0.56 percent to close at US$2,654 per tonne. LME aluminium official settlement price also moved down by US$14.5 per tonne or by 0.54 percent to total at US$2,655 per tonne. 3-month bid price and 3-month offer price closed at US$2,639.50 per tonne and US$2,640 per tonne, as of Thursday. December 22 bid price and December 22 offer price was recorded at US$2,630 per tonne and US$2,635 per tonne. LME aluminium opening stock settled at 889575 tonnes. Live warrants for the same day were recorded at 677225 tonnes, while cancelled warrant closed at 212350 tonnes. LME aluminium...
According to China Customs data, China’s aluminium foil exports in October 2021 edged 2.95 per cent higher month-on-month to stand at 112,200 tonnes. On a year-on-year calculation, the exports stood up by 7.38 per cent, showed customs data. China’s aluminium foil exports to India accounted for 10 per cent of the country’s total exports in October. India thus became the largest final destination of aluminium foil in the month. The impact of restricted power consumption on local foil exports in Jiangsu and Zhejiang in September did not seem to be drastic. Jiangsu exported as much as 28,900 tonnes in the said month and became the largest aluminium foil exporting province. Zhejiang exported 25,400 tonnes and ranked second. Shandong, Henan, and Shanghai provinces exported more than 10,000...
AlCircle has come up with its latest sector focus report 2021, titled, “World Recycled Aluminium Market Analysis - Industry Forecast to 2026.” The report shows how the recycled aluminium industry has pulled itself up after experiencing fluctuating demand due to the pandemic and subsequent lockdowns in 2020 and early 2021. In 2021, the worldwide recycled aluminium usage is estimated to reach 26 million tonnes, owing to the unwinding of pent-up demand. 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. China is the world's largest consumer of...
China’s social inventories of primary aluminium have continued to decrease for the second week in a row ending December 2, 2021, by 15,000 tonnes, found the Shanghai Metals Market. SMM data shows the inventories have declined across eight major consumption areas, including SHFE warrants, to come in at 1 million tonnes, as of Thursday, December 2. The decline in primary aluminium inventories this week is mainly contributed by Nanhai and Wuxi. The chart below indicates the current status of primary aluminium inventories across China in more detail: In Nanhai and Wuxi, primary aluminium inventories have plunged by 13,000 tonnes and 8,000 tonnes, respectively, to stand at 233,000 tonnes and 403,000 tonnes, as of December 2. In Shanghai, Hangzhou, and Tianjin, inventories have dropped by 1,000...
According to the Shanghai Metals Market, aluminium billet inventories in China drops by 7,200 tonnes week-on-week across five major consumption areas. Due to which the inventories stood at 71,700 tonnes as of Thursday, December 2. The greatest contributor to the dropping social inventory was still Foshan, which had its local inventory decline 6,400 tonnes, or 21.05 percent, during the week. Wuxi and Changzhou had lower stocks, whereas Huzhou and Nanchang had somewhat higher inventories. The losses in weekly social inventory were still caused by decreased aluminium billet arrivals. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium inventories moved down 6,400 tonnes this week to close at 24,000 tonnes. In Wuxi,...
Hindalco Industries Limited decreased its aluminium products and aluminium ingot prices, with effect from Wednesday, December 1, following a hike on the previous day. The company reduced its aluminium wire rod price by INR 1,250 per tonne from INR 244,100 per tonne on November 30 to INR 242,850 per tonne on December 1. Hindalco’s aluminium billets price also saw a cut of INR 1,250 per tonne from INR 243,600 per tonne on November 30 to INR 242,350 per tonne on December 1. The company’s aluminium ingot selling price came in at INR 231,750 per tonne after being cut from INR 233,000 per tonne on the previous day. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which dropped on November 30...
As per the US Geological Survey (USGS), the United States exported 25,000 tonnes US aluminium scrap to South Korea in September 2021, showing a month-on-month decrease of 200 tonnes or by 0.79 percent. In August 2021, 25,200 tonnes of US aluminium scrap was exported to South Korea, flaunting an elevation of 19.43 percent from 21,100 in July 2021. On a year-on-year scale, US aluminium scrap received by South Korea in September 2021, surged up by 800 tonnes or by 3.30 percent from 24,200 tonnes in September 2020. From January to September 2021, the exported scrap to South Korea totalled at 193,000 tonnes. For the same period last year, the amount closed at 214,000. According to the data shared by the United States Geological Survey, the total amount aluminium plates, sheets, bars, crude...
On Wednesday, December 1, Aluminium Bahrain B.S.C (Alba), the world’s largest smelter outside China, held its Board of Directors (BoD) meeting in person for Q4 2021. The meeting was conducted at the Alba Oasis Hall, following all the COVID-19 protocols and guidelines laid down by Bahrain National Medical Task Force for Combating the Coronavirus. “Thanking the Management team and everyone in the workforce on Alba's record-breaking performance for the 9-months of 2021 and stated that Alba is on track to set new benchmarks by finishing 2021 strong. We are also pleased to issue a Limited Notice to Proceed, subject to successful financial closure, towards Mitsubishi & SEPCO III Consortium to be the Engineering, Procurement and Construction contractor for the fourth additional block in Power...
The decline in average alumina spot price in China has been continuing since a week starting from November 25, 2021. According to the Shanghai Metals Market data, the price has decreased by RMB 43 per tonne on Thursday, December 2, to stand at RMB 3,351 per tonne. In Guangxi and Guizhou, alumina price has plunged by RMB 65 per tonne and RMB 60 per tonne, respectively, to come in at RMB 3,150 per tonne and RMB 3,300 per tonne, while the price in Shanxi has shrunk by RMB 50 per tonne to RMB 3,350 per tonne. In Shandong and Henan, alumina spot price has declined by RMB 40 per tonne to come in at RMB 3,460 per tonne and RMB 3,375 per tonne, as of December 2. Caustic soda (32% concentration) price in Shandong has inched down by RMB 5 per tonne to hover around RMB 805 per tonne on December 2,...
LME aluminium opened at US$2,621 per tonne on Wednesday and closed at US$2,648 per tonne, an increase of US$23 per tonne or 0.88 percent. On Wednesday, December 1, both LME aluminium cash (bid) price and LME aluminium official settlement price surged by US$34.5 per tonne or by 1.30 percent to total at US$2,669 per tonne and US$2,669.50 per tonne. 3-month bid price and 3-month offer price stood at US$2,646 per tonne and US$2,646.50 per tonne. December 22 bid price and December 22 offer price closed at US$2,633 per tonne and US$2,638 per tonne. LME aluminium opening stock was recorded at 893775 tonnes, as of December 1. Live warrants for the same day stood at 576325 tonnes, while cancelled warrant totalled at 317450 tonnes. LME aluminium 3-month Asian Reference Price moved up by US$17.94...
According to the International Aluminium Institute, alumina production in Europe (including Russia) stood at 872,000 tonnes in October 2021. That was an increase of 34,000 tonnes or 4.06 per cent from 838,000 tonnes in September. However, the production in September had recorded a fall of 8.32 per cent of 76,000 tonnes from 914,000 tonnes in August. When compared to the last year, alumina output in Europe (incl. Russia) in October 2021 stood 1.40 per cent or 12,000 tonnes higher than 860,000 tonnes. From January to October, alumina production in Europe amounted to 8.674 million tonnes, flaunting a surge of 129.53 per cent from 3.779 million tonnes during the same period last year. World alumina production in October 2021 totalled 11.601 million tonnes, up by 3.71 per cent from 11.186...
Primary aluminium production in North America in October 2021 stood at 318,000 tonnes, flaunting an increase of 14,000 tonnes or 4.61 per cent month-on-month, found the International Aluminium Institute (IAI). In September, primary aluminium production came in at 304,000 tonnes, down by 11,000 tonnes or 3.49 per cent from 315,000 tonnes a month ago. On a year-on-year calculation, North America’s primary aluminium output in October 2021 stood 4.79 per cent or 16,000 tonnes lower than 334,000 tonnes. From January to October 2021, North America produced 3.25 million tonnes of primary aluminium, 1.81 per cent less than 3.31 million tonnes during the same period last year. In South America, primary aluminium production in October 2021 amounted to 100,000 tonnes, which was up by 4,000 tonnes or...
Dr Nigel Clarke, Minister of Finance and the Public Service, indicated on Tuesday that Jamaicans may soon be able to invest in the bauxite mining/alumina business company, Jamalco, through an initial public offering (IPO). Dr Clarke informed the House of Representatives that the Government of Jamaica is trying to incorporate Jamalco and list the Government of Jamaica's 45 percent stake in the firm on the Jamaica Stock Exchange. He also informed about the future plans of the company, which includes rebuilding the bauxite/alumina plant’s power house in Clarendon, which is expected to be funded by US$250 million insurance claims for the damage, which has forced the company to shut down operations since September. “The shareholders of JAMALCO, CAP and the government of Jamaica will have to be...
India’s aluminium scrap imports from the United States continued to increase for the third month in a row, albeit lower than the previous month, in September 2021. According to the US Census Bureau data, India’s aluminium scrap imports from the US edged 1.77 per cent or 800 tonnes lower month-on-month to stand at 46,100 tonnes. In August 2021, India’s imports from the US recorded at 45,300 tonnes, up by 11,200 tonnes or 32.84 per cent from 34,100 tonnes in July. On a year-on-year calculation, India’s aluminium scrap imports from the US in September 2021 registered a hike of 10,600 tonnes or 29.86 per cent from 35,500 tonnes. The third consecutive month of hike in September brought India’s total aluminium scrap imports from India for Q3 2021 to 125,500 tonnes, up by 42.61 per cent from...
Sortera Alloys, a Fort Wayne, Indiana-based firm that produces aluminium packaging from shredded automobiles using proprietary sorting technology and artificial intelligence (AI), has acquired $10 million in investment headed by Kirkland, Washington-based Breakthrough Energy Ventures. Sortera plans to utilise the funds to expand its operations and hire more people. Chrysalix and the Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) have previously funded Sortera, which is based on a 10-acre site near Fort Wayne. The firm is a spin-off from the ARPA-E METALS (Modern Electro/Thermochemical Advances in Light Metal Systems) programme, and it is directed by a team with advanced materials, electronic instrumentation, and equipment development experience. Sortera claims to...
According to the Shanghai Metals Market, the average alumina spot price has shrunk by RMB 10 per tonne to close at RMB 3,394 per tonne, as of Wednesday, December 1. The average alumina price in Henan has decreased by RMB 10 per tonne to stand at RMB 3,415 per tonne, as of December 1. For the same day, in provinces like Shanxi and Guangxi the price has dropped by RMB 15 per tonne and RMB 10 per tonne to total at RMB 3,400 per tonne and RMB 3,215 per tonne, respectively. For provinces like Shandong and Guizhou the price remained restrained and stood at RMB 3,500 per tonne and RMB 3,360 per tonne. In places like Lianyungang and Bayuquan, the prices remained the same and closed at RMB 3,150 per tonne and RMB3,200 per tonne. Australian alumina FOB price has remained the same at US$385 per...
Raffmetal and Cromodora Wheels, European aluminium alloys producer from recycling and first equipment aluminium wheels producer for major car makers, have signed a contract to develop, test, and patent an innovative high-performance primary alloys wheels from recycling. By maximising recycled content within the alloy, Cromodora will produce aluminium wheels of primary alloy from recycling, which will allow a 95 per cent reduction in energy consumption and 89 per cent decrease in CO2 emissions. The aim is to offer the market a wide range of alloy wheels in response to the growing demand of automotive manufacturers that strive to reduce emissions during production by utilising materials derived from recycling. The alloys will be produced in the Special Alloys plant in Vobarno and will be...
