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 Chairman of the Board of Directors of Aluminium Bahrain B.S.C. (Alba), Shaikh Daij bin Salman bin Daij Al Khalifa, spotlighted that Alba being one of the key pillars in Bahrain’s economy is fully dedicated to validating the Government’s national initiatives, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, comprising the national Economic Recovery Plan, which focuses to develop job opportunities for Bahrainis, boost the contribution of non-oil sectors, as well as create direct and indirect investments for a circular economy for a better future for Bahrain. The metal company’s Chairman also manifested Alba’s willingness to brace putting in motion the Aluminium Downstream Park from the blueprint to reality and serve the cluster of companies with Line 6 metal to further...
According to the International Aluminium Institute, the world alumina production stood at 11.601 million tonnes in October 2021 (including both metallurgical and chemical), reflecting a month-on-month increase of 3.71 per cent month-on-month. In September, the output came in at 11.186 million tonnes, a decrease of 4.19 per cent from 11.675 million tonnes a month ago. Total world alumina production in three months (August-October) of 2021 stood at 34.462 million tonnes, down by 2.97 per cent from 35.516 million tonnes during May-July 2021. On a year-on-year calculation, the world alumina production in October 2021 edged 1.01 per cent higher than 11.485 million tonnes. From January to October 2021, world alumina production amounted to 115.524 million tonnes, up by 4.97 per cent from 110.050...
The Indonesian-based holding company that engaged in the manufacturing and trading business of aluminium extrusion-based building and household materials, PT HK Metals Utama Tbk (HKMU) positively welcomes the Joko Widodo government's plan to cautiously halt the export trade of bauxite among other raw materials. This proposal is believed to deliver the recovery of the aluminium industry with much promptness. Jodi Pujiyono, the Director and Corporate Secretary of HK Metals Utama said: “The Company welcomes the government's plan to stop bauxite exports. This is a form of real government support for manufacturing industry players, especially aluminium whose conditions have been hit hard since Covid-19.” "With the cessation of exports of bauxite, as well as the processing of raw materials into...
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 delivery of approximately 5 million wet metric tonnes of bauxite over the next three years. According to Metro, the new arrangement builds on a previous letter of intent between the two companies for 1.1 million wet metric tonnes of bauxite for the current year. The new agreement calls for 1.7 million wet metric tonnes of bauxite ore to be supplied over the next three years. The deal comes on the heels of a letter of intent signed in July between Metro and Shanxi Liulin Senze Aluminium for an extra 1.1 million wet metric tonnes per year through 2023. Currently, the total offtake agreed to in that letter...
Hindalco Industries Limited slashed its aluminium products and aluminium ingot prices on Saturday, November 27, following three consecutive hikes since November 23. The latest cut brought the company’s aluminium wire rod price to INR 240,350 per tonne from INR 249,350 per tonne on November 26. That reflected a downfall of INR 9,000 per tonne. Hindalco’s aluminium billets price stood at INR 239,850 per tonne with effect from November 27, also down by INR 9,000 per tonne from INR 248,850 per tonne. Hindalco’s aluminium ingot selling price came in at INR 229,250 per tonne after being declined from INR 238,250 per tonne on November 26. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which...
The average alumina spot price in China has opened the week on Monday, November 29, dropping down by RMB 23 per tonne or 0.66 percent to come in at RMB 3,414 per tonne, found the Shanghai Metals Market. The average alumina price in Guangxi has plunged by RMB 100 per tonne to settle at RMB 3,250 per tonne. For Henan and Shanxi, the price plummeted by RMB 25 per tonne and RMB 15 per tonne to close at RMB 3,425 per tonne, respectively. For provinces like Shandong and Guizhou, the price remained restrained to come in at RMB 3,500 per tonne and RMB 3,375 per tonne. The average alumina price in Lianyungang the price remained restrained and stood at RMB 3,150 per tonne. In Bayuquan also the price remained the same and settled at RMB 3,200 per tonne. Australian alumina FOB price has remained the...
The Coffs Harbour based company producing a large range of aluminium and glazed balustrades, Advance Metal Industries Australia (AMIA) is all set to expand its operations and accredits to the NSW Nationals in the state government’s Regional Job Creation Fund. Gurmesh Singh, the Nationals Member for Coffs Harbour stated a $260,000 grant will help Advance Metal Industries Australia to build a new fabrication facility to augment its present product offerings, turning out13 sustainable jobs for the Mid North Coast. “The new facility will be fitted out with machinery that will allow the company to speed up manufacturing times from three days to two hours for its custom-made aluminium windows, doors, and balustrades”, Singh said. Gurmesh further added: “The new fabrication shop will...
According to a recent report, Emirates Global Aluminium has signed an official contract with General Electric Co. (GE) to reduce greenhouse gas emissions at its plants in the United Arab Emirates. The companies will reportedly chalk out a plan to cut emissions from GE’s natural gas turbines by exploring hydrogen as a fuel, as well as carbon capture, utilization, and storage solutions. Emirates Global Aluminium, also known as EGA, operates 33 natural gas turbines of General Electric at Jebel Ali and Al Taweelah. The turbines together have a power generation capacity of 5,200 megawatts, which account for a significant proportion of GE’s total greenhouse gas emissions. Emirates Global Aluminium is equally owned by two sovereign wealth funds - Investment Corp. of Dubai and Abu Dhabi’s...
During last Friday’s night session, LME aluminium opened at US$2,717.50 per tonne and closed at US$2,592 per tonne, a decrease of US$123 per tonne or 4.53 per cent. After three consecutive days of hike, LME aluminium cash (bid) price and LME official settlement price plummeted by US$122 per tonne or 4.45 per cent on Friday, November 26, to stand at US$2,617.50 and US$2,618.50 per tonne, respectively. 3-month bid price sharply fell by US$117 per tonne to US$2,617 per tonne, while 3-month offer price plunged by US$116 per tonne to settle at US$2,619 per tonne. December 22 bid price and December 22 offer price totalled at US$2,592 per tonne and US$2,597 per tonne, respectively. LME aluminium opening stock on November 26 decreased from 919225 tonnes to 915850 tonnes. Live Warrants stood at...
The demand for aluminium is on the path of escalation, as various industry analysts have already predicted that the metal aluminium is going to experience much hefty demand than the previous time and also to some extent replacing steel. The downstream segment, which is the most vital part of the global aluminium industry, is coming up with various expansions, acquisitions and the new production of machines and furnaces. The week ended yesterday, again observed some very important events. The leader in aluminium manufacturing since 1987, Extruded Aluminum Corp. is expanding its facility at 7200 Industrial Drive in Otisco Township, near Belding in Ionia County, Michigan. While in Europe, the Greek aluminium extrusion house, ELVIAL S.A has been reported of procuring a second furnace from...
According to the US Geological Survey (USGS), the United States exported 22,100 tonnes of US aluminium plates, sheets, bars to Mexico in September 2021, showing a month-on-month surge of 21,00 tonnes or by 10.5 percent. In August 2021, 20,000 tonnes of aluminium plates, sheets, bars were exported to Mexico, showing an increase of 3.5 percent from 19,300 tonnes in July 2021. On a year-on-year calculation, US aluminium plates, sheets, bars exported to Mexico in September 2021, dropped down by 800 tonnes or by 3.49 percent from 22,900 tonnes. From January to September 2021, the exported aluminium plates, sheets, bars to Mexico closed at 204,000 tonnes. For the same period last year, the amount settled at 22,900 tonnes. As per the data shared by the United States Geological Survey, the amount...
The global aluminium recycling segment has been in the news for a number of reasons. To begin with, the Scepter Group reported a fire at their aluminium recycling business in Seneca Falls on Monday, November 22. The announcement came after the firm reported the event to 911 at 1:33 a.m. According to certain sources, investigators are still unsure how the fire started. This was followed by the news of Metalex Ltd., a subsidiary of So Paulo-based Companhia Brasileira de Alumnio (CBA), has boosted its billet production capacity and is investing in its ability to use scrap at the Metalex melt facility. On Monday, November 22, the Scepter Group, reported a fire outbreak at its aluminum recycling plant in Seneca Falls. The news came after the company called 911 at 1:33 am and reported the...
The Malaysia-based world-class aluminium producer, Press Metal Aluminium Holdings Bhd, on the account of higher aluminium prices, books a net profit of RM283.33 million in Q3 ended Sept 30, 2021. This was more than double the net profit of RM121.98 million when compared with the same quarter the previous year. The aluminium manufacturer stated that the revenue soared by 55% to RM 2.89 billion on the shoulder of the higher aluminium price and production output from its new Phase 3 Samalaju smelter, which attained full commissioning in mid-October of 2021. Concurrently, the group’s associate arms also contributed significantly higher premiums. In the initial nine months of 2021, the metal company’s enhanced earnings performance was partially counterpoised by a rise in operating costs...
State backed Chinese research house Antaike stated that, a hypothetical restriction on bauxite shipments from Indonesia as early as next year will have no impact on China's aluminium sector since there is ample alternative supply from Guinea. Indonesian President Joko Widodo said on Wednesday that the Southeast Asian country may stop permitting exports of bauxite, the primary aluminium ore, starting in 2022 as it seeks to utilise more of its resources domestically. Bauxite shipments were previously restricted in 2014, when Indonesia was China's largest supplier, only to be allowed to restart in 2017. “If Indonesia again restricts bauxite exports, Guinea’s bauxite capacity surplus can completely make up for Indonesia’s shortfall,” stated Antaike on Thursday. It was reported that...
Some of the top news that created a buzz in the primary aluminium industry this week included the hoard of 1.8 million tonnes of aluminium worth $5 billion in Vietnam drove China’s metal supply through a drastic crisis and fuelled the escalation of prices globally. The aluminium supply in Vietnam was seized as part of the investigation led by the United States comprising a Chinese billionaire and alleged trade fraud. However, as reported by a global agency that if the mammoth stockpile was liberated it could resolute the worldwide shortfall and drag the price of the commodity down. To know more: https://www.alcircle.com/news/vietnam-holds-1-8-million-tonnes-of-aluminium-worth-5-billion-amid-the-global-crisis-72931 The stock market regulators in Hong Kong are examining the plans made by...
On Monday, November 22, LME aluminium cash (bid) price and LME official settlement price started the week at US$2,653 per tonne and US$2,653.50 per tonne, respectively. They both decreased by US$7.50 per tonne from the previous day. On Tuesday, November 23, LME aluminium cash (bid) price jumped by US$37 per tonne to US$2,690 per tonne, while LME official settlement price climbed by US$37.50 per tonne to US$2,691 per tonne. The prices grew further the next day by US$8 per tonne to stand at US$2,698 per tonne and US$2,699 per tonne, respectively. On Thursday, November 25, both LME aluminium cash (bid) price and LME official settlement price surged by US$41.50 per tonne or 1.54 per cent to US$2,739.50 per tonne and US$2,740.50 per tonne. They closed the week on November 26 at US$2,617.50 per...
Hindalco Industries Limited has hiked its aluminium ingot and aluminium products prices for the third time in a row, with effect from Friday, November 26. The company’s aluminium ingot price has come in at INR 238,250 per tonne, up by INR 4,000 per tonne or 1.71 per cent from INR 234,250 per tonne. Hindalco’s aluminium wire rod price has also seen an increase of INR 4,000 per tonne from INR 245,350 per tonne on November 24 to INR 249,350 per tonne on November 26. Hindalco’s aluminium billets price is standing at INR 248,850 per tonne, INR 4,000 per tonne higher than INR 244,850 per tonne on November 24. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which recorded an increase of...
The United States imported 24,400 tonnes of US aluminium crude metals and alloys from Argentina in September 2021, showing a month-on-month surge of 17,260 tonnes or 70.73 percent, says the US Geological Survey (USGS). In August 2021, 7,140 tonnes of US aluminium crude metals and alloys were imported from Argentina, flaunting a decrease of 47.88 percent from 13,700 tonnes in July 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Argentina in September 2021, elevated by 12,800 tonnes or by 52.45 percent from 11,600 tonnes. From January to September 2021, the imported US aluminium crude metals and alloys to Argentina settled at 84,900 tonnes. For the same period last year, the amount settled at 127,000 tonnes. According to the data shared by the United...
