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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China’s social inventories of primary aluminium have built up by 31,000 tonnes this week across eight major consumption areas, including SHFE warrants, found the Shanghai Metals Market. Thus, the inventories have amounted to 1.038 million tonnes on November 18, compared to 1.007 million tonnes last week, November 11. The chart below indicates the current status of primary aluminium inventories across China in more detail: Among the major Chinese cities, Wuxi has seen the highest rise of 24,000 tonnes in primary aluminium inventories to 406,000 tonnes on November 18, learned SMM. Gongyi has witnessed an increase of 13,000 tonnes to 91,000 tonnes, while inventories in Shanghai and Hangzhou have gained 4,000 tonnes and 1,000 tonnes week-on-week to 101,000 tonnes and 88,000 tonnes,...
The joint venture between Noble Group and Clarendon Alumina Production (CAP) with a focus on bauxite mining and alumina production, Jamalco reported uniform progress in the plant's rebuilding efforts after the August 22 nd enormous fire that devastated its powerhouse. As informed by the world-class alumina producer, the fire affected approximately 50% of the powerhouse which delivers power, steam and compressed air to the alumina refinery operations. On a further note, it is also reported that the refinery is making losses which are estimated at around $500,000 per day. The company stated on 17 th November 2021: “The work to implement the first phase of the project to restart its operation is moving steadily and Jamalco's partners, Clarendon Alumina Production (CAP) and Noble Group are...
After three hikes since November 11, Hindalco Industries Limited has cut its aluminium ingot and aluminium products prices with effect from Wednesday, November 17. The company’s aluminium ingot price has come in at INR 229,250 per tonne, down by INR 3,750 per tonne or 1.61 per cent from INR 233,000 per tonne on November 13. Hindalco’s aluminium wire rod price has also been reduced by INR 3,750 per tonne on November 17, bringing the price to INR 240,350 per tonne from INR 244,100 per tonne on the previous day. Aluminium billets price is being sold at INR 239,850 per tonne with effect from November 17, compared to INR 243,600 per tonne on November 13. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London...
The most-liquid SHFE 2201 aluminium contract increased RMB 90 per tonne to settle at RMB 18,630 per tonne in overnight trading. Three-month LME aluminium rose 1.38 percent to end at US$2,608.5 per tonne last night. Both LME aluminium cash (bid) price and LME aluminium official settlement price decreased slightly by US$0.5 per tonne or by 0.01 percent to total at US$2,627 per tonne and US$2,628 per tonne, as of Wednesday, November 17. 3-month bid price and 3-month offer price closed at US$2,621.50 per tonne and US$2,622.50 per tonne, respectively. December 22 bid price and December 22 offer price for the same day was recorded at US$2,585.00 per tonne and US$2,590.00 per tonne. On November 17, LME aluminium opening stock closed at 956750 tonnes. Live warrants and cancelled warrant for the...
The average alumina spot price in China has continued to decline for the third day in a row, albeit lower than the previous day, found the Shanghai Metals Market. As per SMM data, the price has decreased by RMB 11 per tonne to stand at RMB 3,701 per tonne on Thursday, November 18. In Guangxi and Guizhou, alumina price has plummeted by RMB 75 per tonne and RMB 70 per tonne to come in at RMB 3,575 per tonne and RMB 3,590 per tonne, while the price in other major Chinese cities has remained restrained. Also, the imported alumina price has recorded no change from US$400 per tonne on November 18. A00 aluminium ingot price has also extended the downfall for the fourth straight day. According to SMM, the price has shrunk by RMB 130 per tonne to settle at RMB 18,340 per tonne on November 18. The...
On National Recycling Day on Monday, November 15, the Atlanta Hawks and State Farm Arena announced a multi-year partnership with Novelis, the world leader in aluminum rolling and recycling. The partnership has made Novelis an official aluminum recycling and proud sustainability partner on State Farm Arena’s journey to becoming a TRUE zero-waste venue. TRUE stands for Total Resource Use and Efficiency, a standard set by Green Business Certification Inc. (GBCI), the world’s leading sustainability and health certification and credentialing body. Under the partnership, Novelis will assist Atlanta Hawks and State Farm Arena with knowledge and guidance on how to organise, sort, and recycle aluminium, while focusing on sustainability and circular economy. Now the State Farm Arena’s most premium...
The global mining and metal giant, Rio Tinto is infusing $87 million to raise its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec. The investment will inflate production at the smelter by around 45% or 26,500 tonnes of primary aluminium per year to a capacity of 86,500 metric tonnes and deliver a secure prospect for approximately 100 employees working at the facility. Rio Tinto predicts that the global aluminium market will grow at an average rate of 3.3% per annum over the next decade with strong demand driven by the energy transition and decarbonisation. Ivan Vella, the CEO of Rio Tinto Aluminium said: "Rio Tinto is committed to strengthening its position as a leader in low-carbon, hydro-powered...
The UK government's Environment Act has finally got Royal Assent, more than two years after it was initially presented. Environment Secretary George Eustice thinks the Act would offer "the most ambitious environmental programme of any country on earth," outlining the government's sustainability strategy, clarifying environmental governance post-Brexit, and mapping out the transition to a more circular economy. Legislative drivers to end species decrease by 2030, improve air quality, safeguard the health of our rivers, track deforestation, and revolutionise our waste management system are among the key provisions. These improvements will be driven by legally mandated objectives, with the newly formed Office for Environmental Protection holding both the government and public bodies...
Aluminium foil deliveries from Europe slowed down in Q3 2021 compared to Q2, but remained ahead of the same period last year, according to data revealed by the European Aluminium Foil Association (EAFA). In Q3 2021, total deliveries stood at 236,500 tonnes, up 1.2 per cent year-on-year. In the first nine months of the year, shipments totalled 723,000 tonnes, up 2.7 per cent from 706,500 tonnes during the corresponding period last year, driven by continued increase in domestic consumption but offset by export volume decline. Demand for aluminium foil in the domestic market recovered strongly at 7 per cent. Deliveries of thinner gauges, used mainly for flexible packaging and household foils, grew 6 per cent Y-o-Y in Q3, and thicker gauges, used for semi-rigid containers, technical or other...
The 26 workers those for the last five years have been struggling implacably to profess a future and on the upcoming 30 th November, they are seeing peril of their last hope to be eradicated. The Olmedo bauxite mine workers, presently employees of IGEA Spa Company have manifested yet another state of agitation. Although, the extraction site remains closed since 2015, while in the next two weeks they will be without a contract and hopeless. They have addressed the President of the region and to the President of the Regional Council of Sardinia, the department of Industry, to the sole Director and the Personnel Manager of IGEA spa. The workers immediately urge for a meeting to source an agreement for the continuation of their employment relationship. With the impending expiry of the...
Noranda Bauxite Company will continue to remain a pillar of the Jamaican economy despite all the criticisms over environmental issues alleged with it, said the firm’s chief executive officer. Mark Hansen, Concord CEO, said Noranda Bauxite spent US$85 million on operational items, an ideal time for the company to build on such a foundation, even hinting that with partnership and cooperation from all stakeholders far more positive were in store. Hansen also said that he remained optimistic that the operations of Noranda Bauxite would be a win-win for all. Noranda is a joint-venture held by the Jamaica Government through Jamaica Bauxite Mining Ltd (51 per cent) and Concord Resources (49 per). Hansen said, “The mining industry has brought several thousands of well-paying jobs to Jamaica. Even...
Hindalco Industries has once again bagged the title of world’s most sustainable aluminium firm in the Dow Jones Sustainability Indices 2021. In the 2021 edition of the S&P Dow Jones Sustainability Indices (DJSI) corporate sustainability assessment (CSA) rankings, Hindalco was ranked first in the aluminium industry for its sustainability performance. Hindalco is the sole aluminium business to be admitted to the elite DJSI World Index in 2021, and its membership in the DJSI Emerging Markets Index remains unchanged. The inclusion on the list, according to Hindalco Managing Director Satish Pai, is a tribute to the company's comprehensive strategy and demonstrates its commitment. The firms in this index account for 10% of the world's 2,500 biggest corporations by market capitalization. This...
The voice of the European aluminium industry, European Aluminium which is encompassing primary aluminium producers, downstream manufacturers and producers of recycled aluminium has come up with a new report that reveals the European aluminium refining industry is a magnificent example of a modern circular economy business model accredited to its ability to recycle aluminium from multiple scrap streams efficiently. The report further focuses on substantial enhancement in the sector’s carbon emission performance. On 16 th November, the European Aluminium launched a dedicated study on the environmental performance of aluminium refining processes used to produce cast alloy aluminium ingots from aluminium scrap complementing its 2018 Environmental Profile Report. The report delivers accurate...
According to the US Geological Survey (USGS), the United States exported 7,820 tonnes of US aluminium crude metals and alloys to Mexico in August 2021, displaying a month-on-month decrease of 1210 tonnes or by 13.39 percent. In July 2021, 9,030 tonnes of aluminium crude metals and alloys were exported to Mexico, showing a decrease of 21.47 percent from 11,500 tonnes in June 2021. On a year-on-year calculation, US aluminium crude metals and alloys exported to Mexico in August 2021, moved up by 120 tonnes or by 1.55 percent from 7,700 tonnes. From January to August 2021, the exported aluminium crude metals and alloys to Mexico settled at 78,400 tonnes. For the same period last year, the amount totalled at 53,400 tonnes. According to the data shared by the United States Geological Survey,...
According to the report shared by the Shanghai Metals Market, energy supply constraints due to soaring prices have pushed the United States' aluminium prices to record highs and also led to the shortages of key raw materials such as magnesium and silicon, exacerbating the tight supply situation of aluminium. Matalco Inc., the largest aluminium billet producer in the United States, has already warned customers that it might cut production and make limited deliveries as early as next year because of a magnesium shortage, reported Bloomberg. Alcoa Corporation, the largest primary aluminium producer in the US, has also expressed concern about the magnesium shortage, and some suppliers have issued so-called force majeure statements. Force majeure clauses are attached to sales contracts,...
Sean Kingston is the owner of WilCraft Can, a mobile canning firm that helps craft breweries package their beer around Wisconsin and the adjacent states. According to him, the COVID-19 outbreak boosted demand for aluminium beverage cans as breweries of all sizes moved away from kegs and toward packaged goods that could be drunk at home. According to Kingston, the supply of cans is still limited more than a year later. Every customer, from tiny packaging companies like his to large brands, has a certain allotment of cans from the company who create them. "We created an allocation with the specific can supplier we’re working with late last year. So they are able to provide us with our allocated amount. We actually only had one miss on an allocation, where they were not able to supply,” said...
The Chinese state economic planner will execute a fresh set of energy consumption benchmarks for the country’s energy-intensive industries from 2022, proffering manufacturers three years to adhere or close down to attach its climate-change goals. The least efficiency standards materialize to clasp a target at aluminium smelters, steel and cement producers, as they remain as the top energy consumers and polluters. The stocks of the major players like aluminium producer Chalco and Baoshan Iron & Steel slumped, against a predominantly bullish market on 16 th November. On 15 th November, China’s central economic planner, the National Development and Reform Commission (NDRC) revealed the criterion energy consumption levels for five high energy-consuming industries in a joint statement with...
The average alumina spot price in China has decreased for the second day in a row on Wednesday, November 17, found the Shanghai Metals Market. Data shows the price has slipped by RMB 54 per tonne to come in at RMB 3,712 per tonne. In Shandong, alumina spot price has plunged by RMB 125 per tonne to stand at RMB 3,650 per tonne, with average prices likely to range between RMB 3,600 per tonne and RMB 3,700 per tonne. In Henan and Guizhou, alumina price has decreased by RMB 75 per tonne and RMB 70 per tonne, respectively, to come in at RMB 3,725 per tonne and RMB 3,660 per tonne. In Guangxi and Shanxi, alumina price has witnessed a decline of RMB 50 per tonne and RMB 25 per tonne to peg at RMB 3,650 per tonne and RMB 3,725 per tonne. After remaining restrained for almost a month, bauxite...
