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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Hindalco Industries Limited has grown its aluminium products and aluminium ingot prices with effect from Tuesday, November 23, following two consecutive days of cut on November 17 and 19. Hindalco has increased its aluminium billets price by INR 4,500 per tonne to INR 241,600 per tonne on November 23. Hindalco’s aluminium wire rod price has also seen an increase of INR 4,500 per tonne on November 23 from INR 237,600 per tonne to INR 242,100 per tonne. The company’s aluminium ingot price is standing at INR 231,000 per tonne versus INR 226,500 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 rose to US$2,653.50 per tonne on November 22 from US$2,607.50...
According to the recent data found by the International Aluminium Institute, the world primary aluminium production grew 3.80 per cent month-on-month in October 2021, putting an end to the two consecutive monthly declines. As per the data, the production stood at 5.689 million tonnes in the said month, which also reflected a year-on-year growth of 1.28 per cent from 5.617 million tonnes. In September 2021, the output was at 5.481 million tonnes, a decrease of 3.62 per cent from 5.687 million tonnes in August. The world daily average aluminium output in October 2021 stood at 183,500 tonnes, up by 0.44 per cent from 182,700 tonnes in September 2021 and 1.27 per cent more than 181,200 tonnes in October 2020. China, the world’s largest primary aluminium production, churned out 3.270 million...
Jordan is comprised of a mixed economic system that provides a variety of private freedom, combined with centralized economic planning and government regulation. The industrial sector is a high contributor to Jordan's GDP and it is the 2 nd largest sector of the economy. The manufacturing sector is considered as the most vital and the light manufacturing sector of the country produces some good amount of aluminium scrap. During 2019-20, the Arab country of Southwest Asia, Jordan exported 22,697 tonnes of aluminium scrap, creating revenue earning of around $30.27 million. In 2019, the aluminium scrap export of Jordan was registered at 11,488 tonnes, incurring earnings of $15.40 million, whereas, in 2020, the export unveiled downfall by 2.42%, as the export volume dropped marginally to...
China customs data has reported an 8 per cent month-on-month downfall in the country’s aluminium extrusion exports in October 2021. As per the data, the exports stood at 74,400 tonnes in the said month, which also reflected a 4 per cent year-on-year fall. The decline in exports could be attributed to the 7-day National Day Holiday in China. Besides, the sharp hikes in domestic aluminium price in early October to a new high at RMB 24,240 per tonne affected the export order. The SHFE/LME aluminium price ratio stood above 7.5. In late October, the prices fell too fast, making both domestic and overseas buyers wait-and-see. The main export destinations of China’s aluminium extrusion were Vietnam, Nigeria, Australia, the Philippines, South Africa and other countries. The exports to Vietnam and...
Irish financier-chaired Ardagh Metal Packaging (AMP), the New York-listed beverage cans group, has recently acquired Quebec-based Hart Print, a Canadian digital printing service provider that allows drinks companies to print colourful artwork on aluminium cans. Hart Print, founded in 2018, is the first company to offer digital printed cans in the North American market, said Ardagh without disclosing the financial details of the deal. According to AMP, this deal will help the company respond flexibly to larger customers’ shorter-run requirements, including new product introductions and targeted promotions. More than 75 of new products launched in recent days in the North American beverage market are in cans, based on consumers’ preference for sustainability of metal packaging. And for...
The stock market regulators in Hong Kong are examining the plans made by Russian aluminium giant, Rusal to spin off its high-carbon aluminium smelters and alumina refineries into a separate company that will be listed in Moscow. The decision to scrutinize the proposed demerger was activated following a complaint from Odey Asset Management. As reported by a renowned news agency, the London-based hedge fund suspects a recent agreement comprising the two largest shareholders of Rusal meant, they should not be permitted to vote. The global leader in low carbon aluminium production, Rusal announced the spin-off plan in May 2021 in a drive that would allow it to focus on the rapidly-growing green aluminium market. Rusal’s 57% stake is held by EN+, the group once controlled by Russian oligarch...
According to the Shanghai Metals Market, A00 aluminium ingot price in China has increased for the third day in a row by RMB 250 per tonne to stand at RMB 19,170 per tonne on Tuesday, November 23. The average prices are estimated to range between RMB 19,150 per tonne and RMB 19,190 per tonne, with spot contract to be traded at a premium price of RMB 80-40 per tonne, up by RMB 20 per tonne from the previous day. Among the Chinese cities, Linyi has seen the highest growth of RMB 240 per tonne to RMB 19,250 per tonne, followed by the increase of RMB 235 per tonne in Hangzhou and Wuxi to RMB 19,180 per tonne and RMB 19,170 per tonne, respectively. In Gongyi, the primary aluminium ingot price has surged by RMB 230 per tonne to RMB 19,120 per tonne, while the price in Chongqing and Tianjin has...
Three-month LME aluminium rose 0.45 per cent to end at US$2,695 per tonne on overnight. On Monday, November 22, both LME aluminium cash (bid) price and LME official settlement price decreased by US$7.50 per tonne to stand at US$2,653 per tonne and US$2,653.50 per tonne, respectively. But 3-month bid price and 3-month offer price grew by US$10 per tonne and US$11 per tonne to close at US$2,653 per tonne and US$2,655 per tonne. December 22 bid price and December 22 offer price totalled at US$2,613 per tonne and US$2,618 per tonne. LME aluminium opening stock on November 22 decreased to 943125 tonnes. Live warrants increased to 577950 tonnes, while Cancelled Warrants declined to 365175 tonnes. LME aluminium 3-month Asian Reference Price amounted to US$2,665 per tonne, as of November 22. SHFE...
Hindalco Industries Limited continued to reduce its aluminium products and aluminium ingot prices on Friday, November 19, in line with the LME aluminium benchmark price fall. Hindalco’s aluminium wire rod price came in at INR 237,600 per tonne on November 19 after being declined by INR 2,750 per tonne from INR 240,350 per tonne on November 17. Hindalco’s aluminium billets price also saw a decrease of INR 2,750 per tonne from INR 239,850 per tonne on November 17 to INR 237,100 per tonne on November 19. The company’s aluminium ingot price stood at INR 226,500 per tonne versus INR 229,250 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 on November 18...
AlCircle is pleased to announce the joining of Carmelo Maria Brocato as Strategic Advisor for Europe and North America region. Mr Brocato is presently associated with GMS/Engitec Group as Head of the Aluminium Division from April 2019. He has more than 30 years of experience in international business and has successfully spent more than 23 years of his professional career in the metal industry. Mr Brocato began his career with Continuus Properzi Spa and during his 19 years span, he attained the position of Commercial Director and Vice-President of the Board. An Engineer by qualification, Carmelo Maria Brocato has also worked as Vice-President – Aluminium & Copper WRM at Danieli & C. Officine Meccaniche S.p.a. before joining GMS/Engitec Group. Mr Brocato is a popular name among Italy’s...
The economy of Switzerland is a highly developed manufacturing industry pursuing high-tech and knowledge-based production. It has been revealed that around 74% of Swiss GDP is generated by the service sector and 25% by industry. Furthermore, it is noted that 78% of Swiss imports are from the EU, while 43% of Swiss exports are destined for EU countries, which also includes aluminium scrap. The central European nation, Switzerland exported 285,586 tonnes of aluminium scrap during 2019-20 incurring revenue earnings of around $237.93 million from the export. In 2019, the Swiss export of aluminium scrap was registered at 140,129 tonnes, which accounted for earnings of $124.33 million, whereas, in 2020 the export rose by 3.80%, as the export volume soared to 145,457 tonnes, while the earnings...
According to a recent report, Aluminium Bahrain B.S.C. (Alba’s) Chairman Board of Directors Shaikh Daij bin Salman Bin Daij Al Khalifa visited the company’s Reduction Line 6, in line with his planned visit to Alba’s campus following the ease of COVID-19 restrictions. Alba Reduction Line 6 is about to celebrate 2 years of its official inauguration. Accompanied by Alba’s Chief Executive Officer Ali Al Baqali and the Executive Management, Chairman Shaikh Daij bin Salman Bin Daij Al Khalifa paid an up-close-and-personal tour to Reduction Line 6 and its facilities. On his visit, Chairman said “A game changer, Line 6 has made Alba the world’s largest aluminium smelter ex-China. The organic growth which the Company has embarked on with Line 6 in operations has seen Alba top new records in its...
According to the Shanghai Metals market, bauxite (4.5≤Al/Si＜5.5) price in Shanxi has dropped by RMB 7.5 per tonne on Monday, November 22, to come in at RMB 492.50 per tonne. The average prices are likely to range between RMB 480-505 per tonne. The decline followed two consecutive days of restraint at RMB 500 per tonne on November 18 and 19. Bauxite (4.5≤Al/Si＜5.5) price in Henan has decreased by RMB 10 per tonne to RMB 500 per tonne, with average prices expected to range between RMB 490-510 per tonne, found SMM. Among other primary aluminium input costs, caustic soda (32% concentration) price in Shandong has recorded a decline of RMB 15 per tonne on November 22 to RMB 915 per tonne. According to SMM, the average prices are expected to range between RMB 880-950 per tonne. However, despite...
The top aluminium producer of the world, China which has created the popularity of the metal is now countering environmental issues, driving the nation’s metal supply through a drastic crisis and this has fuelled the escalation of prices globally. However, to append to the hardship, there are 1.8 million tonnes of aluminium worth a mighty $5 billion that is presently being under the control of security guards in Vietnam. The metal aluminium is a widely consumed product from car manufacturers to beverage can producers and all are stretching their hands to every extent to get on the material that is experiencing the worst shortfall in history ever. The aluminium supply in Vietnam was seized as part of the investigation led by the United States comprising a Chinese billionaire and alleged...
LME aluminium opened at US$2,621 per tonne last Friday and ranged between US$2,619-2,697.50 per tonne before closing at US$2,683 per tonne, an increase of US$59 per tonne or 2.25 per cent. On Friday, November 19, LME aluminium cash (bid) price and LME official settlement price jumped by US$53.50 per tonne to settle at US$2,660.50 per tonne and US$2,661 per tonne, respectively. 3-month bid price and 3-month offer price surged by US$48 per tonne to come in at US$2,643 per tonne and US$2,644 per tonne. December 22 bid price and December 22 offer price totalled at US$2,607 per tonne and US$2,612 per tonne. LME aluminium opening stock on November 19 stood at 948650 tonnes. Live warrants closed at 577750 tonnes, while cancelled warrants settled at 370900 tonnes. LME aluminium 3-month Asian...
After two consecutive hikes since November 11, National Aluminium Company Limited reduced its aluminium ingot and aluminium products prices with effect from Friday, November 19. The decrease could be attributed to the decline in LME aluminium benchmark price during November 16-18. NALCO’s aluminium ingot price came in at INR 224,050-227,550 per tonne, down by INR 6,300 per tonne from INR 230,350-233,850 on November 16. The latest cut brought the company’s aluminium wire rod price to INR 226,550-230,900 per tonne on November 19 versus INR 232,850-237,200 per tonne on the previous day. Aluminium billets price also saw a downfall of INR 6,300 per tonne on November 19 from INR 233,800-236,450 per tonne to INR 227,500-230,150 per tonne. NALCO links its aluminium ingot and aluminium products...
The global primary aluminium segment has been in the spotlight this week due to a number of events. To begin with, Ali Al Baqali, the Chief Executive Officer of Aluminium Bahrain B.S.C. (Alba), received the 'People First Leader Award' at the GCC GOV HR Awarding Ceremony 2021 on October 26, 2021. It was followed by the news of Navratna CPSE National Aluminium Company Limited (NALCO) receiving the Non-Ferrous Best Performance Award 2020-21 in the large scale manufacturing unit category. The primary aluminium segment also witnessed, Deeptaman Mukherjee, Director of Commodities for Vedanta's Aluminium Business, claimed on November 18, 2021 that annual aluminium output in India might reach five million tonnes in the next five to six years, a 25 percent increase from present levels. On October...
The downstream segment of the global aluminium industry remained insightful this week, with the world’s largest aluminium rolling company, Hindalco plans to repay INR 6000 crore debt and it also projects to marginally reduce the capital expenditure to INR 2,400 crore. The same Hindalco Industries has also regained the place of the world’s most sustainable aluminium firm in the Dow Jones Sustainability Indices 202. While on the other side, Evtec acquires Sanjeev Gupta’s Liberty Aluminium Technologies. Gupta’s GFG Alliance, since the fall down of its primary lender Greensill Capital in March 2021 has gone through months of restructuring. The UK’s largest automotive manufacturing employer, JLR mediated to solicit Evtec to take over the sites due to the concern over whether Liberty’s distress...
