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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Can Manufacturers Institute’s (CMI) beverage can manufacturers and aluminum can sheet producer members are targeting to achieve the United States ambitious recycling rates including a 70 per cent recycling rate by 2030. The objective is to improve the circularity of aluminum beverage can, while demonstrating its sustainability to beverage companies and consumers. In 2020, the United States aluminum beverage can recycling rate was 45 per cent. The industry aims to increase it to 70 per cent by 2030, 80 per cent by 2040, and more than 90 per cent by 2050. CMI members are also committed to make new cans from old aluminum beverage cans. There are nearly 90,000 aluminum beverage cans recycled every minute in the United States, with 93 per cent going from the recycling bin back to store shelf...
The cylinders made of aluminium are far better than steel cylinders due to the impact of internal and external corrosion of the steel cylinders. The University of Rhode Island’s study of cylinder internal corrosion reveals: “Under equal conditions of moisture in cylinders, aluminium cylinders are much better, so air stored in aluminium cylinders may retain it's quality longer.” The highly developed industrialized nation, Austria exported 1051tonnes of aluminium containers for compressed gas during 2019-20, which incurred revenue generation of around $9.52 million from the export. In 2019, Austria registered an export of 552 tonnes of aluminium containers for compressed gas, accounting for revenue earnings of $4.46 million, whereas, in 2020, the export reflected de-growth by 9.60%, as the...
A00 aluminium ingot price in China has soared by RMB 630 per tonne on November 12, marking the second consecutive day of hike. According to the Shanghai Metals Market, the price is standing at RMB 19,430 per tonne, with average prices likely to range between RMB 19,410 per tonne and RMB 19,450 per tonne. The spot contract is expected to be traded at a premium price of RMB 50-10 per tonne. In Gongyi and Linyi, A00 aluminium ingot price has surged by RMB 630 per tonne and RMB 600 per tonne to come in at RMB 19,430 per tonne and RMB 19,460 per tonne, respectively, followed by the increase of RMB 555 per tonne and RMB 550 per tonne in Chongqing and Foshan to RMB 19,405 per tonne and RMB 19,460 per tonne. In Tianjin, primary aluminium ingot price has hiked by RMB 510 per tonne to RMB 19,360...
The Odisha Electricity Regulatory Commission’s positive move by allowing one unit of Vedanta IPP adding to the surplus power within the state to utilize its power for aluminium production within the state which would be developing thousands of employment in and around Jharsuguda. As a judicial body, OERC has given a statement and accordingly the difference of opinion delivered by all the stakeholders, including GRIDCO, Government of Odisha and others have been considered and eventually a fair and logical order has been given in the interest of the state and consumers. The order of OERC permits GRIDCO to draw power when actually in deficit and allow IPP power to be used in the state when there is a power surplus situation. A comprehensive review of the order distinctly manifests that after...
Automation Innovation based in Victoria, Australia, has designed and engineered the new AiRC-1000. The system features robotic automation and a high-intensity laser to clean anode rods used in aluminium smelters. Aluminium is one of the world’s most abundant metals and is found naturally in bauxite. Whilst Australia is the world’s largest producer of bauxite; China is the leading producer of aluminium. Aluminium is highly sought-after in transportation; construction; electrical engineering; and machinery manufacturing sectors due to its low weight, durable, highly malleable, corrosion-resistant, conductive, affordable, and recyclable nature. China, the United States, Germany, India, and Japan have the highest demand for aluminium. However, demand has dropped due to COVID-19 and industry...
Three-month LME aluminium opened at US$2,575 per tonne on November 11 and closed at US$2,657 per tonne, an increase of US$79 per tonne or 3.06 per cent. On Thursday, November 11, LME aluminium cash (bid) price and LME official settlement price surged by US$92 per tonne and US$91.50 per tonne, respectively, to close at US$2,645 per tonne and US$2,645.50 per tonne. 3-month bid price and 3-month offer price moved up by US$82 per tonne and US$80.50 per tonne to come in at US$2,655 per tonne and US$2,655.50 per tonne. December 22 bid price and December 22 offer price totalled US$2,620 per tonne and US$2,625 per tonne, respectively. LME aluminium opening stock on November 11 decreased to 982025 tonnes. Live warrants closed at 595825 tonnes, while cancelled warrants settled at 386200 tonnes. LME...
National Aluminium Company Limited (NALCO) has increased its aluminium ingot and aluminium products prices with effect from November 11, following three consecutive cuts since October 25. The latest hike has brought the company’s aluminium ingot price to INR 219,850-223,350 per tonne versus INR 216,150-219,650 per tonne on November 6. That reflected an increase of INR 3,700 per tonne. NALCO’s aluminium wire rod price has come in at INR 222,350-226,700 per tonne, also up by INR 3,700 per tonne from INR 218,650-223000 per tonne on November 6. Aluminium billets price has seen a rise of INR 3,700 per tonne as well from INR 219,600-222,250 per tonne to INR 223,300-225,950 per tonne. NALCO links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the...
As we persist to explore the requirements of the growing world market for complex aluminium castings, AlCircle is purposive to come up with the 1 st edition of its e-Magazine on “Global Aluminium Foundry: Challenges and Opportunities ahead in 2022”. A foundry is a facility that produces metal castings. Metals are cast into different shapes by melting them into a liquid, pouring them into a mould, and then drawing out the mould material after the metal has solidified as it cools down. The most common metals processed are aluminium and cast iron. The aluminium foundries produce both simple components and very complex ones, while machining of castings guarantees high accuracy. So, the outcomes are highly worthwhile. Metalcasting is a vast industry, and aluminium is the most popular metal...
The leading vertically-integrated producer of low-carbon aluminium and independent hydropower, En+ Group, confirmed its commitment to achieving Net Zero at the COP26 UN Climate Change Conference in Glasgow. More than 120 countries heads of state and business representatives attended the two-week climate conference, while it is anticipated to conclude on 12 th November 2021. The primary initiative of COP26 has been the Glasgow Financial Alliance for Net Zero (GFANZ). It has augmented 25-fold since April to include 450 firms from 45 countries. Participants incorporated commercial banks, insurance and audit companies, pension funds, rating agencies and stock exchanges that control a total of $130 trillion (£95 trillion) in assets. This accounts for around 40% of global assets. Furthermore,...
Aluminium billet inventories in China have decreased for the fourth straight week by 26,100 tonnes or 18.87 per cent across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories have come in at 112,200 tonnes as of Thursday, November 11, primarily contributed by the decline in stocks at Foshan and Wuxi. Looking forward, aluminium billet inventories are likely to remain in the downward trend as there are no opportunities of extra stock arrivals next week. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium billet inventories have plunged by 14,300 tonnes to settle at 45,000 tonnes on November 11, while inventories in Wuxi have decreased by 6,600 tonnes to stand at 22,900...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have dropped this week after more than two months of incessant hikes. Data shows the inventories have dipped by 6,000 tonnes across eight major consumption areas, including SHFE warrants, to come in at 1.007 million tonnes as of November 11, 2021. On last Thursday, November 4, primary aluminium inventories stood at 1.01 million tonnes, climbing by 31,000 tonnes on week. The chart below indicates the current status of primary aluminium inventories across China in more detail: Primary aluminium inventories in Gongyi have seen a sharp decline of 12,000 tonnes week-on-week to come in at 78,000 tonnes as of November 11, followed by the plunge of 11,000 tonnes in Nanhai to 267,000 tonnes. In Shanghai and...
After a sharp cut on November 9, Hindalco Industries Limited increased its aluminium products prices by INR 3,500 per tonne, with effect from November 10. Thus, the company is now selling its aluminium wire rod price at INR 234,850 per tonne versus INR 231,350 per tonne on November 9. Hindalco’s aluminium billets price came in at INR 234,350 per tonne on November 10, compared to INR 230,850 per tonne on the previous day. Aluminium ingot price also saw a hike of INR 3,500 per tonne or 1.60 per cent on November 10 to come in at INR 223,750 per tonne. On November 9, Hindalco’s aluminium ingot price stood at INR 220,250 per tonne, plunging by INR 15,500 per tonne from that in November 4. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month...
The economy of Turkey is a mixed economy, signifying growth in the private sector blended with centralized economic planning and government regulation. The economy has expanded 21.70% Y-o-Y in Q2 2021, its highest annual growth rate since 1999. The transcontinental country nation, Turkey exported 713 tonnes of aluminium containers during 2018-20, which accounted for revenue earnings of $4.10 million from the export. The Turkish export of aluminium containers in 2018 was registered at 188 tonnes, developing revenue earnings of $1.34 million, whereas, in 2019, the export unveiled a steady growth of 12.23% and the earnings counted to $1.35 million. Turkey’s aluminium container export in 2020 saw further growth of 48.81%, as the export volume surged to 314 tonnes and the earnings also climbed...
According to a recent report, Aluminium Bahrain B.S.C. (Alba) has floated a tender to seek developers for a 5 megawatt solar power plant, which will be built on the premises of the firm in Bahrain. The developer will be responsible for handling design, construction, and commissioning of the solar plant. The solar plant will be deployed across operational areas and car parks. The closing date to submit technical bids is January 31. Bahrain aims at developing 255 megawatt of solar generation capacity by 2025 by using net metering, tenders for large-scale projects, and a renewable energy mandate for new buildings. The kingdom contemplates to develop a total of 700 megawatt renewable energy capacity, including solar, wind and energy-from-waste generation, by 2030. According to the...
Three-month LME aluminium opened at US$2,563.50 per tonne on November 10 and closed at US$2,548 per tonne, an increase of 0.62 per cent. On Wednesday, November 10, LME aluminium cash (bid) price and LME official settlement price decreased by US$28 per tonne to settle at US$2,553 per tonne and US$2,554 per tonne, respectively. 3-month bid price and 3-month offer price stood at US$2,573 per tonne and US$2,575 per tonne, while December 22 bid price and December 22 offer price totalled US$2,545 per tonne and US$2,550 per tonne. LME aluminium opening stock on November 10 came in at 991375 tonnes. Live warrants closed at 599925 tonnes, while cancelled warrants settled at 385700 tonnes. LME aluminium 3-month Asian Reference Price stood at US$2,576.61 per tonne on November 10. SHFE Aluminium...
As per a renowned British news media, a report has been unfolded that a mining operation owes millions in unpaid taxes and royalties to the Government of Solomon Islands. The information accumulated from a senior official, Govt. of Solomon Islands, the Asia Pacific Investment Development (APID) company and its subcontractor, Bintan Mining Solomon Islands Ltd (BMSI), have not paid taxes or royalties on over one-third of their exports in the last five years. Since 2015, the companies have been exporting bauxite from the West Rennell Islands, with 100 shipments consigned overseas. Notwithstanding, it has been unveiled that they have paid royalties for only 67 shipments out of the 100 freights during their operation. Rick Houenipwela, the former Prime Minister of Solomon Islands said: “Sadly,...
A00 aluminium ingot price in China has increased by RMB 290 per tonne to stand at RMB 18,800 per tonne on Thursday, November 11, following a plunge of RMB 440 per tonne on the previous day. SMM data shows the average prices are expected to range between RMB 18,780 per tonne and RMB 18,820 per tonne, with spot contract to be traded at a premium price of RMB 120-80 per tonne. In Hangzhou, A00 aluminium ingot price has climbed by RMB 520 per tonne to stand above RMB 19,000 per tonne, while the price in Wuxi has surged by RMB 500 per tonne to peg at RMB 18,990 per tonne on November 11. In Gongyi, the primary aluminium ingot price has increased by RMB 320 per tonne to come in at RMB 18,800 per tonne, followed by the hike of RMB 285 per tonne in Chongqing and Shenyang to RMB 18,850 per tonne...
The demand for aluminium is anticipated to remain robust in the future aligned with widening efforts to protect the environment by most countries in the world through the application of environmental, social and governance (ESG) initiatives. Tan Sri Koon Poh Keong, the CEO of Press Metal Aluminum Holdings Bhd Group, Malaysia said: “The implementation of ESG would encourage companies to use recyclable materials as their raw materials, of which aluminium is one of them.” He further added: “The demand for aluminium was expected to continue moving forward driven by ESG especially from industries such as automotive and packaging.” "Strong demand will support the price of aluminium. In addition, the constraints on the supply of aluminium going forward will also support the price to remain...
