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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National Aluminium Company Limited (NALCO) has hiked its aluminium ingot and aluminium products prices with effect from Wednesday, November 24, following an intermittent cut on November 19. The latest rise has brought the company’s aluminium ingot price to INR 231,850- 235,350 per tonne versus INR 224,050-227,550 per tonne on November 19. That flaunted a jump of INR 7,800 per tonne from the previous prices. NALCO has also increased its aluminium wire rod price by INR 7,800 per tonne with effect from November 24, bringing the selling price to INR 234,350- 238,700 per tonne compared to INR 226,550-230,900 per tonne on November 19. Aluminium billets price is standing at INR 235,300- 237,950 per tonne, also up by INR 7,800 per tonne from INR 227,500-230,150 per tonne. NALCO links its...
LME aluminium opened at US$2,673 per tonne on Wednesday and closed at US$2,703 per tonne, an increase of $30.50 per tonne or 1.14 per cent. On Wednesday, November 24, both LME aluminium cash (bid) price and LME official settlement price grew for the second day in a row by US$8 per tonne to stand at US$2,698 per tonne and US$2,699 per tonne, respectively. 3-month bid price and 3-month offer price grew by US$6 per tonne to settle at US$2,690.50 per tonne and US$2,691 per tonne. December 22 bid price and December 22 offer price climbed to US$2,657 per tonne and US$2,662 per tonne. LME aluminium opening stock on November 24 decreased to 923700 tonnes. Live warrants remained restrained at 573950 tonnes, while Cancelled Warrants plunged to 349750 tonnes. LME aluminium 3-month Asian Reference...
The 7th and current President of Indonesia, Joko Widodo on 24 th November 2021 restated his plan to discontinue the exports of all commodity raw materials that will ban the exports of bauxite in 2022, copper in 2023, and tin in 2024. "We are now calculating the possibility to stop exporting raw bauxite, perhaps starting next year. The next year after that would be raw copper, and the year after that, in. We will continue to do this," the President said in a national coordination meeting and the awards ceremony for investment services, held by the Ministry of Investment in Jakarta. Furthermore, in October 2021, the head of the state commented that he aims to restrain the commodity export of all raw materials. President Jokowi said: "The government will encourage the downstream industry to...
European Aluminium, a Brussels based company which has many of the largest aluminium producers of the continent’s as its members, stated that its mission, “is to strive for a truly sustainable economy, supporting the Paris Agreement and delivering on the United Nations’ Sustainable Development Goals.” The organisation highlights that “increased recycling” can help in reaching that aim. According to the firm, this will necessitate "a major overhaul and regeneration of our current industrial base and assets.” EU states that, the "I+ Manifesto" is a call to action for the "future EU leaders to provide the proper framework conditions for the sector to fulfil its full strategic potential.” According to the organisation, the manifesto "builds on the conclusions of our Vision 2050." As per the...
Emirates Global Aluminium has joined the Ministry of Industry & Advanced Technology’s (MoIAT) in-country value (ICV) programme as the leader in global aluminium production moves towards its goal of doubling economic impact by 2040. The event was organised in the presence of Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Sarah bint Yousif Al Amiri, Minister of State for Advanced Technology and Khaldoon Al Mubarak, Chairman of the Board of Emirates Global Aluminium. Furthermore, the CEO of EGA, Abdulnasser bin Kalban and the Undersecretary at the Ministry of Industry & Advanced Technology, Omar Suwaina Al Suwaidi signed a Memorandum of Understanding (MoU) regarding the implementation of the In-Country Value Programme. Bin Kalban stated: “Together at EGA we...
According to the US Geological Survey (USGS), the United States exported 23,900 tonnes of US aluminium plates, sheets, bars to Canada in September2021, flaunting a month-on-month descend of 2,700 tonnes or by 10.15 percent. In August 2021, 26,600 tonnes of aluminium plates, sheets, bars were exported to Canada, depicting a surge of 20.67 percent from 21,100 tonnes in July 2021. On a year-on-year calculation, US aluminium plates, sheets, bars exported to Canada in September 2021, moved down by 3,400 tonnes or by 12.45 percent from 27,300 tonnes. From January to September 2021, the exported aluminium plates, sheets, bars to Canada stood at 227,000 tonnes. For the same period last year, the amount closed at 221,000 tonnes. According to the data shared by the United States Geological Survey,...
According to the recent data shown by China Customs, the country exported 5,700 tonnes of alumina in October 2021. That brought China’s total alumina exports from January to October to 108,100 tonnes. In October 2021, China imported 219,400 tonnes of alumina, which reflected a year-on-year decrease of 39.28 per cent. But on a month-on-month calculation, the imports increased by 25.99 per cent. Total imports from January to October amounted to 2.91 million tonnes, down by 7.46 per cent year-on-year. China’s net imports of alumina stood at 213,700 tonnes in October and totalled 2.81 million tonnes in the first ten months of the year.
Armenia is an industrial-agrarian country, as metal products remain as one of the major exports. The economy of Armenia counts on manufacturing, services, remittances, and agriculture, while Russia is Armenia's principal export market. The Joe Biden administration has introduced new tariffs on Armenia’s aluminium foil import to the US, which is considered as the largest export of Armenia to the United States. The former Soviet republic, Armenia exported 83,219 tonnes of aluminium foil during 2019-20, incurring revenue generation of $206.81 million from the export. In 2019, the export of aluminium foil by Armenia was documented at 37,421 tonnes, generating earnings of around $96.30 million, whereas, in 2020, the export revealed remarkable growth of 22.38%, as the export volume escalates to...
Companhia Brasileira de Alumnio (CBA), based in São Paulo, has stated that its Metalex Ltd. subsidiary has increased its billet production capacity and is investing in its ability to utilise scrap at the Metalex melt plant. Metalex in Araçariguama, Brazil, has increased its billet production capacity from 75,000 to 90,000 tonnes per year thanks to a new sidewell-style furnace, according to CBA. Metalex describes the investment as "the first step" of a US$20.6 million investment to develop its recycled-content aluminium manufacturing, according to a news release on its website. According to CBA, the second stage of the expansion will include the construction of a new recycling plant that will increase the existing scrap consumption in the billet manufacturing mix from 60 percent to 80...
Prime Minister Andrew Holness has reassigned the responsibility for Clarendon Alumina Production (CAP) to the Finance Ministry. Previously, the Transport Ministry was in charge of CAP. The alumina firm is currently embroiled in a huge dispute over a multi-million dollar contract with the overseas-based CCPA Capital Partners, which is heading the JAMALCO refinery's incorporation. According to Jamaica House, the government would attempt to settle the issues highlighted in the public arena in the spirit of transparency. "It is also in the national interest that CAP's and JAMALCO's critical strategic initiatives continue without interruption," said a spokesperson in a statement. The government owns a 45 percent stake in JAMALCO through CAP. Because of the unincorporated character of the...
Extruded Aluminum Corp. (EAC), a 6000 series aluminum extrusion manufacturer, will reportedly expand its facility at 7200 Industrial Drive in Otisco Township, near Belding in Ionia County. The news came last week after The Right Place Inc., together with the Ionia County Economic Alliance (ICEA) and the Michigan Economic Development Corporation (MEDC), announced it officially. The extrusion manufacturer has already purchased a 14-acre land adjacent to its current facility in Otisco Township to accommodate the expansion. The space will allow EAC to house additional production, handling, and processing equipment. The project will require a total investment of $30.4 million, bringing about 38 new jobs to the community. Governor Gretchen Whitmer said, “Extruded Aluminum Corp.’s investment...
The ray of hope has glimpsed through the gloomy cloud in the region, as it found the agreement to secure the future of the 26 miners of the Olmedo bauxite mine, where the mining operation has been ceased post-2015. The terms of the new contractual platform were approved by the parties via teleconference. The trade union representatives, the corporate RSUs, Alberto Urpi, the cabinet head of the regional councillor for industry and Michele Caria, sole director of IGEA, the regional in-house company that deals with the management of mining activities participated. The agreement succeeds for the extension of the current contract, which is expiring on 30 th November and now it will remain active until 20 th May 2022. A technical gap for 20 days will follow, after which new contracts with IGEA...
Primary aluminium production in Africa in October 2021 stood at 137,000 tonnes, flaunting a month-on-month increase of 5,000 tonnes or 3.79 per cent, found the International Aluminium Institute data. In September 2021, primary aluminium output in Africa was at 132,000 tonnes, down by 4,000 tonnes or 2.94 per cent from 136,000 tonnes in August. As per the IAI data, Africa’s primary aluminium production in October 2021 stood only 1,000 tonnes or 0.74 per cent higher than 136,000 tonnes a year ago. Africa’s total primary aluminium production in the first ten months of 2021 (January-October) amounted to 1.321 million tonnes, which, however, reflected a downfall of 1.49 per cent from 1.341 million tonnes during the same period last year. Global primary aluminium production in October stood at...
The CEO of Emirates Global Aluminum (EGA), Abdulnasser Bin Kalban stated that the demand for aluminium products have started to upsurge by the end of 2020, whereas, low-carbon aluminium is encountering a shortfall in supply. During Global Manufacturing and Industrialisation Summit (GMIS) in Dubai, Abdulnasser Bin Kalban: “We work hard to meet their requirements and we try to expand more in different products.” The leader in global aluminium production, as well as one of the largest companies in the UAE, EGA is developing a technology to boost their green power generation and to reduce CO2 by 10% in their products. He also claimed: “Our technology is the best in the world in terms of efficiency and environmental emissions.” EGA and DEWA have raised the UAE to become the first country in...
LME aluminium opened at $2,689 per tonne on Tuesday and closed at $2,672.5 per tonne, a drop of $22.5 per tonne or 0.83 percent. LME aluminium cash (bid) price moved up US$37 per tonne or by 1.39 percent to total at US$2,690 per tonne, as of Tuesday, November 23. LME aluminium official settlement price also grew by US$37.5 per tonne or by 1.41 percent to settle at US$2,691 per tonne. 3-month bid price and 3-month official settlement price closed at US$2,684.50 per tonne and US$2,685 per tonne, respectively. December 22 bid price and December 22 offer price settled at US$2,647 per tonne and US$2,652 per tonne. LME aluminium opening stock totalled at 935750 tonnes. Live warrants and cancelled warrants for the same day were recorded at 573950 tonnes and 361800 tonnes. LME aluminium 3-month...
After the three consecutive days of hike from RMB 18,340 per tonne to RMB 19,170 per tonne, A00 aluminium ingot price in China has recorded a drop of RMB 50 per tonne on Wednesday, November 24, to come in at RMB 19,120 per tonne. According to the Shanghai Metals Market, the average prices are estimated to range between RMB 19,100 per tonne and RMB 19,140 per tonne, with spot contract to be traded at a premium price of RMB 70-30 per tonne. In Tianjin and Shenyang, A00 aluminium ingot price has plunged by RMB 160 per tonne and RMB 150 per tonne to stand at RMB 19,010 per tonne and RMB 19,000 per tonne, respectively. In Wuxi, the primary aluminium price has decreased by RMB 90 per tonne to RMB 19,080 per tonne, while the price in Hangzhou and Linyi has dwindled by RMB 80 per tonne to RMB...
The Indonesian state-owned company specialized in aluminium smelting, PT Indonesia Asahan Aluminum (Persero) or Inalum will cooperate with PT PLN (Persero) to perceive its obligation to progress the national aluminium industry to a more advanced stage, innovative and competitive level. On 18 th November 2021, Danny Praditya, Inalum's Director of Operations and Portfolio during a specific working visit of Commission VII DPR RI to the Inalum Power Plant (PLTA) area in Paritohan, Toba Regency, North Sumatra, said the metal aluminium has enormous potential both in terms of resources and market in Indonesia and globally. "This potential must be utilized as much as possible by Inalum with innovation and collaboration with various parties, one of which is PT PLN (Persero) to increase the supply...
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 incident. However, investigators are still unsure how the fire set in, said some officials. Seneca Falls police and firefighters, as well as Waterloo, Fayette and Aurelius firefighters, and North Seneca Ambulance responded to the fire at 11 Lamb Road in Seneca Falls, Seneca Falls Fire Department District Chief Allen Larsen said. A Seneca Falls police sergeant reported pallets on fire in a pit underneath the building. Firefighters reached the spot a little later. They together brought the fire under control in about 30 minutes after the call, said the police. No injuries have been reported so far. The...
