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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On 19 th November 2021, the prices of aluminium surged as the cloud of supply distress is anticipated following an aluminium smelter in China that ceased its production due to an explosion. The Shanghai Metal Market reported that in China’s Yunnan province, an aluminium smelter with an annual production capacity of 300,000 tonnes stopped production after a blast incident happened in the plant on the evening of 18 th November 2021. The Shanghai Futures Exchange’s most-traded January aluminium contract inclined as much as 3.7% to RMB 19,260 a tonne, while three-month aluminium on the LME advanced as much as 3.1% to $2,696 a tonne. The aluminium sector has been deeply impacted by the recent China power crisis, as the smelting of metal is highly power-intensive. The global energy, chemicals,...
The global aluminium recycling segment has been in the spotlight this week due to a number of events. To begin with, PyroGenesis Canada Inc. joined Aluminium Stewardship Initiative (ASI), as the new General Supporter member. This was followed by the news that the Aluminium Association and the Can Manufacturers Institute coming up with an updated analysis showing the aluminium beverage container's numerous environmental benefits over competitor packaging materials. Consumers recycle aluminium cans at a rate more than twice that of plastic (PET) bottles, according to the research, which updates numerous key performance indicators (KPI) for 2020. On National Recycling Day on Monday, November 15, the Atlanta Hawks and State Farm Arena announced a multi-year partnership with Novelis, the world...
LME aluminium opened at US$2,610 per tonne on Thursday and closed at US$2,624 per tonne, an increase of US$15.5 per tonne or 0.59 percent. On Thursday, November 18, LME aluminium cash (bid) price dropped down by US$20 per tonne or by 0.76 percent to close at US$2,607 per tonne. For the same day, LME aluminium official settlement price also descended by US$20.5 per tonne or by 0.78 percent to total at US$2,607.50 per tonne. 3-month bid price and 3-month offer price totalled at US$ 2,595 per tonne and US$ 2,596 per tonne. December 22 bid price and December 22 offer price for the same was recorded at US$ 2,563 per tonne and US$ 2,568 per tonne. On November 18, LME aluminium opening stock stood at 948650 tonnes. Live warrants and cancelled warrant totalled at 577750 tonnes and 370900 tonnes,...
On 18 th November 2021, Sridhar Patra, the Chairman and Managing Director of the Indian state-owned National Aluminium Company (NALCO), mentioned that the production and sales figure in FY22 will reach record levels. The integrated aluminium company declared earnings for the September-ended quarter with a powerful performance by the aluminium business and upheld by the alumina business. The CMD said: “The profitability that we saw after the H1, we are confident that in the second half we will be beating all the records of this decade on the production front, financial performance and on all aspects.” “Aluminium prices in H2FY22 will sustain at around $2,200-$2,300. I am confident that aluminium price, in the second half, will prevail at around $2,200-2,300 per tonne.” “However, alumina...
Alcoa is working on a technology to convert low-quality aluminium scrap to a purity level that exceeds that of commercial smelters, potentially allowing sources of discarded aluminium scrap, known as Zorba, to be utilised. According to Alcoa, their ASTRAEA process can purify any aluminium scrap to a high enough degree to possibly generate a new value chain. Alcoa's technological roadmap contains elements that will assist the business achieve its objective of creating a sustainable aluminium sector, including the ASTRAEA process. The majority of smelters produce P1020, or commodity-grade metal. This means there's 0.1 percent silicon and 0.2 percent iron in it. Depending on the technique utilised, most smelters have the technological competence to manufacture up to P0404, with a few...
The founder of Liberty House Group and the Executive Chairman of GFG Alliance, Sanjeev Gupta has sold out two aluminium parts factories after Jaguar Land Rover (JLR) set its foot to acquire a vital part of its supply chain. The single source, a tier-one supplier of assembled products, working with OEMs around the world to support the automotive industry's shift to electrification, the Coventry based Evtec will buy out Liberty Aluminium Technologies casting plants in Coventry and Kidderminster in the West Midlands, safeguarding 170 jobs. Even so, GFG is shutting down a site in Witham, Essex, which will lay-off 64 jobs. Gupta’s GFG Alliance, since the fall down of its primary lender Greensill Capital in March 2021 has gone through months of restructuring. The collapse of the lender evoked...
Aconity3D, a 3D printer company, and Equispheres, an AM powder expert, have reached an early and promising milestone in a collaboration effort. The firms achieved 60 percent quicker printing rates without losing mechanical qualities using Aconity3D's 1-kW MIDI system and Equispheres' aluminium powder. Aconity3D and Equispheres have been collaborating since early 2021, when Equispheres, located in Canada, chose Aconity3D to be a part of its lab expansion project. Aconity3D has been testing Equispheres' aluminium powder for the manufacturing of a component for the AconitySCAN, a system built into the company's range of powder bed fusion printers, as part of the cooperation. The objective was to employ Equispheres' aluminium powder to speed up the part's manufacture compared to traditional...
According to the US Geological Survey (USGS), the United States imported 16,300 tonnes of aluminium scrap from Mexico in August 2021, showing a month-on-month descends of 1,700 tonnes or by 9.44 percent. In July 2021, 18,000 tonnes of aluminium scrap were imported from Mexico, showing a drop down of 4.25 percent from 18,800 tonnes in June 2021. On a year-on-year calculation, aluminium scrap imported from Mexico in August 2021, moved up by 5,500 tonnes or by 50.92 percent from 10,800 tonnes. From January to August2021, the imported aluminium scrap by the United States stood at 139,000 tonnes. For the same period last year, the amount exported by Mexico was recorded at 95,100 tonnes. Based on the reports shared by the United States Geological Survey, the total amount of aluminium plates,...
Hydro has announced its decision to invest in building a new state-of-the art aluminium recycling plant at Cassapolis, Michigan, which will produce 120,000 tonnes of aluminum extrusion ingot per year. Construction will expectedly start in early 2022, and the operations of the plant to commence in 2023, appointing about 70 direct employees. “The Cassopolis greenfield development will mark the first large-scale production of Hydro CIRCAL® extrusion ingot in North America. We look forward to bringing this high-quality, low-carbon product to our most demanding customers,” said Eivind Kallevik, Executive Vice President of Hydro Aluminium Metal. The project is estimated to involve an investment of $140 million, depending on final facility design, market conditions, and macroeconomic...
On 18 th November 2021, Deeptaman Mukherjee, the Director of Commodities for Vedanta’s Aluminium Business stated that annual aluminium production in India could attain five million tonnes in the next five to six years, which is an increase of around 25% from current levels. Mukherjee said based on the ongoing projects that companies are working on in India: “The 4 million tonnes of metal production today potentially could increase to five million tonnes in about five to six years.” During a panel discussion at the A-Z China virtual aluminium conference, he added: “If there is a new market participant that comes in, possibly that five million tonnes could increase to about 5.5-6 million tonnes of aluminium production.” However, according to an International data analytics and research...
The average alumina spot price in China has continued to decrease for the fourth day in a row, found the Shanghai Metals Market. According to SMM data, alumina price has further slipped by RMB 10 per tonne on Friday, November 19, to settle at RMB 3,691 per tonne. In Shanxi and Guangxi, alumina price has shrunk by RMB 25 per tonne to come in at RMB 3,700 per tonne and RMB 3,550 per tonne, respectively, while the price in Shandong, Henan, and Guizhou has remained restrained at RMB 3,650 per tonne, RMB 3,725 per tonne and RMB 3,590 per tonne, learned SMM. The Australian alumina FOB price has dipped by US$2 per tonne to stand at US$398 per tonne on November 19. However, on the other hand, China’s A00 aluminium ingot price has put an end to the four consecutive days of decline. On Friday,...
The Govt. of Scotland has been compelled to reveal that the value of the taxpayer guarantee it delivered to distressed metal tycoon Sanjeev Gupta’s GFG Alliance was £586 million. This huge amount was the total gross guarantee provided when GFG Alliance in 2016 acquired the Lochaber aluminium smelter near Fort William and two nearby hydropower plants from Rio Tinto. The agreement incorporated the Scottish government guaranteeing 25 years of power purchases by Gupta’s GFG Alliance from another business owned by his father. Greensill Capital, the collapsed into insolvency finance company was then competent to convert this contract into £295 million of debt that shouldered the same credit rating as UK sovereign bonds, funding Sanjeev Gupta’s acquisition of the last remaining aluminium smelter...
Welsh aluminium fabricator, Dudley’s Aluminium has been awarded a project in Bridgwater that is destined to become an iconic attraction for locals and visitors alike. Dudley's Aluminium, which was created in 1993, will collaborate on Northgate Yard, a mixed-use revitalization project in the heart of the Somerset town, with Willmott Dixon Construction. The 40,000-square-foot leisure and entertainment complex will include a seven-screen cinema, an eight-lane bowling alley, a sports bar, and eateries, with Scott Cinemas and Allstars Bowling as its initial tenants. An outdoor children's play area and manicured parks will be added to the neighbouring Brewery Field. In addition to Kawneer commercial doors and capped and structural silicone glazed curtain walling, Dudley's Aluminium will install...
At Enterprise Odisha 2021, Vedanta Aluminium Business, India's biggest manufacturer of aluminium and its value-added products, revealed intentions to work on innovation and technology with entrepreneurs and start-ups. The 23rd edition of Enterprise Odisha, organised by the Confederation of Indian Industry (CII) in partnership with the Government of Odisha, included important companies from several industries, including Vedanta Aluminium. “Driven by innovation and technology, Odisha is poised to be a Trillion Dollar Economy in the next decade. I thank the Hon’ble CM of Odisha, Shri. Naveen Patnaik ji, for creating a favourable environment which has fostered 360-degree development in the state. We remain strongly committed to development of Odisha.Vedanta has planned major investments in...
The United States exported 56,900 tonnes of aluminium scrap to Malaysia in August 2021, which reflected an increase of 11,300 tonnes or 24.79 per cent month-on-month, found the US Census Bureau data. In July 2021, the United States aluminium scrap exports to Malaysia stood at 45,600 tonnes, down by 2,000 tonnes or 4.2 per cent from 47,600 tonnes in June. On a year-on-year calculation, the US aluminium scrap exports to Malaysia stood 37.77 per cent higher than 41,300 tonnes. From January to August, the United States scrap exports to Malaysia amounted to 338,000 tonnes, 32.55 per cent or 83,000 tonnes more than 255,000 tonnes during the same period last year. The United States total aluminium scrap exports in August 2021 stood at 188,000 tonnes, up 18,000 tonnes or 10.59 per cent from...
The pioneers and innovators for integrated solutions in additive manufacturing EOS GmbH, has announced the addition of EOS Aluminium Al2139 AM, a new material distinctively developed for Additive Manufacturing. The alloy is set forth to offer high performance in elevated temperatures up to 200°C, superior corrosion resistance and is the highest-strength AM aluminium alloy obtainable from EOS. Al2139 AM performs a yield and tensile strength of around 500 MPa in its heat treatment state. However, due to a single-step heat treatment procedure, companies can save up to 88% in active heat treatment time, this implicates parts that can be manufactured faster. The components manufactured using EOS Aluminium Al2139 AM can also be electropolished and anodised. The conjunction of lightweight and...
Aluminium billet inventories in China dropped again by 11,700 tonnes week-on-week across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories closed at 100,500 tonnes as of Thursday, November 18. The main reason behind the decline in aluminium billet inventories this week was primarily due to Foshan, whose inventory declined by 14.44 percent to close at 6,500 tonnes for the week, followed by Wuxi, whose inventory dropped by 13.54 percent to settle at 3,100 tonnes. The key causes include still-low billet arrivals and a heated transaction market amid declining aluminium prices that week, which resurrected the downstream market. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan,...
According to the US Geological Survey (USGS), the United States imported 20,000 tonnes of plates, sheet, bars from China in August 2021, showing a month-on-month ascend of 10,290 tonnes or by 105.97 percent. In July 2021, 9,710 tonnes of plates, sheets, bars were imported from China, flaunting a decrease of 10.91 percent from 10,900 tonnes in June 2021. On a year-on-year calculation, plates, sheets, bars imported from China in August 2021, ascended by 8,900 tonnes or by 80.18 percent from 11,100 tonnes. From January to August 2021, the imported plates, sheets, bars by the United States settled at 95,600 tonnes. For the same period last year, the amount exported by China totalled at 82,100 tonnes. Based on the data shared by the United States Geological Survey, the total amount of...
