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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India’s first and only red-carpet ceremony for the country’s discrete manufacturing industry, the Machinist Super Shopfloor Awards, in its seventh edition, presented the Vice Chairman and Managing Director of Jindal Aluminium Limited, Mr Pragun Khaitan with ‘The Machinist Next Generation Leader 2021 Award.’ The honour duly apprehends Pragun Khaitan’s persistent contribution through innovation using best-in-class technology and the most acceptable ethical business practices in the downstream segment of the aluminium industry. Pragun Khaitan strongly made his mark in the Editorial Choice Awards category for his honest endeavours in all the 11 categories dubbed as the critical measurable parameters to evaluate the performance of a manufacturing plant. The categories include safety,...
The temple of technical learning in Karnataka, the National Institute of Engineering (NIE), Mysuru, has signed a Memorandum of Understanding (MoU) lately with aluminium extrusion product specialist Bhoruka Extrusions Private Limited (BEPL), Mysuru. The Mysuru, Karnataka based speciality aluminium developer for custom made-to-order aluminium extrusions, products and an associated service stand as the leader in its segment and also has global impressions. The extrusion company runs its state-of-the-art extrusion facility in Mysuru with fully automated PLC controlled equipment. Bhoruka extrusions have been serving to the augmented demand and application of aluminium in several sectors stretching from electronics, transportation, textiles, renewable energy, defence, aerospace, etc. Dr N.V....
Vedanta Limited is selling its aluminium ingot price at INR 224,000-237,000 per tonne as of November 10, 2021. Among aluminium products prices, the company’s aluminium wire rod price has come in at INR 231,500- 239,000 per tonne, while aluminium billets price is standing at INR 232,000 per tonne. Like any other Indian aluminium producers, Vedanta Limited links its aluminium products and aluminium ingot prices to the three month futures of aluminium on the London Metal Exchange. On November 9, 2021, the LME aluminium benchmark price grew for the second day in a row by US$51.50 per tonne to come in at US$2,582 per tonne. On a month-on-month calculation, the price stood nearly 11 per cent lower than US$2,902 per tonne. Vedanta’s aluminium business typically accounts for one-third of the...
India’s aluminium scrap imports from the United States reflected a hike for the second month in a row in August 2021, found the US Census Bureau. According to the data, India imported 45,300 tonnes of aluminium scrap from the US in the said month, up by 11,200 tonnes or 32.84 per cent month-on-month. In July, India’s aluminium scrap imports from the US grew 21.35 per cent from 28,100 tonnes in June to 34,100 tonnes. On a year-on-year calculation, India’s aluminium scrap imports from the US in August 2021 stood 67.8 per cent higher than 27,000 tonnes. India stood as the second-largest importer of aluminium scrap from the US after Malaysia. From January to August, the country imported 248,000 tonnes of aluminium scrap in total versus 172,000 tonnes a year ago. That was an increase of 44.19...
The Armenian economy depends on manufacturing, services, remittances, and agriculture. According to UN trade data, aluminium foil accounts for almost half of Armenian exports to the U.S. The aluminium foil is manufactured by a facility in Yerevan known as Armenal, which is owned by Russian aluminium giant Rusal. However, The Biden administration slapped a new tariff on Armenia’s aluminium foil export to the United States as an anti-dumping duty in May-June 2021. The former Soviet Republic, Armenia exported 83,218 tonnes of aluminium foil during 2019-20, incurring revenue generation of around $206.81 million from the export. Armenia exported 37,421 tonnes of aluminium foil in 2019, which generated foreign revenue of $96.30 million, whereas, in 2020, the export soared by 22.38%, as the...
In October 2021, China’s primary aluminium production reflected a month-on-month increase of 1.61 per cent from 3.11 million tonnes to 3.16 million tonnes, found the Shanghai Metals Market. But on a year-on-year basis, the output stood down by 2.55 per cent from 3.25 million tonnes. SMM data showed the daily output in October averaged 102,000 tonnes, which was 1.64 per cent less than 103,700 tonnes in the previous month. This downfall could be attributed to the fall in operating capacities in Shanxi, Henan, and Guizhou due to power rationing and production restriction in the winter heating season. No existing capacity was resumed nor were any new capacities put into production. From January to October 2021, China churned out 32.24 million tonnes of primary aluminium in total, an increase...
On 9 th November 2021, in an unanticipated jolt, a meeting summoned in connection with the proposed bauxite mining in Pottangi by Nalco concluded on a positive account with the village inhabitants conferring conditional support to the drive. ITDA, the Koraput Integrated Tribal Development Agency officials had issued a notification to nine villages incorporating Malkarabanda, Sipaiput, Erasantagurda, Katraguda, Pottangi, Sisaguda, Madamgandhi, Thuria and Karnajaguda for contemporary conduct of the meeting. However, this was deliberated to settle the abiding dispute between the village inhabitants and Nalco over redirection of forest land for mining under the Forest Rights Act (FRA) 2006. The affected village population of the block put forward a document of demands to be fulfilled before...
The average alumina spot price in China has decreased for the second day in a row on Wednesday, November 10. According to the Shanghai Metals Market, the price has plummeted by RMB 110 per tonne to come in at RMB 3,768 per tonne. In Shanxi, alumina spot price has seen a steep fall of RMB 175 per tonne to stand at RMB 3,725 per tonne, followed by the decline of RMB 75 per tonne in Henan to settle at RMB 3,825 per tonne. In Guizhou and Guangxi, alumina price has slipped by RMB 25 per tonne to stand at RMB 3,750 per tonne and RMB 3,725 per tonne, respectively. The Australian alumina FOB price has recorded a plunge of US$30 per tonne on November 10 to stand at US$405 per tonne, following restraints since November 3, learned SMM. China’s A00 aluminium ingot price has also registered a downfall...
Three-month LME aluminium opened at US$2,602.50 per tonne yesterday and closed at US$2,562 per tonne, a decrease of 1.46 per cent. On Tuesday, November 9, LME aluminium cash (bid) price grew by US$51 per tonne to come in at US$2,581 per tonne, while LME official settlement price increased by US$51.50 per tonne to settle at US$2,582 per tonne. 3-month bid price and 3-month offer price stood at US$2,600 per tonne and US$2,601 per tonne, respectively. December 22 bid price and December 22 offer price totalled US$2,578 per tonne and US$2,583 per tonne. LME aluminium opening stock on November 9 continued to decline to 991375 tonnes. Live warrants slumped to 599925 tonnes, while cancelled warrants climbed to 391450 tonnes. LME aluminium 3-month Asian Reference Price stood at US$2,587 per tonne...
The first aluminium smelter in the Gulf region, Aluminium Bahrain B.S.C. (Alba), a leader in Environment, Social and Governance (ESG), has united with a top-class sustainability consultant to develop a fully-fledged roadmap to realise its ambitious ESG goals pursuant to Bahrain’s commitment for ‘Net Zero Emissions’ by 2060. The roadmap of Alba will lay out quick wins, short-term and long-term goals in compliance with the Company’s Mission to inspire change and encourage its status as an Aluminium Stewardship Initiative (ASI) certified aluminium producer. Lately, Alba has issued a public tender for supplying and installing solar panels for its Solar Farm with a view to diversify its energy sources and adopt clean energy in line with the Kingdom of Bahrain’s Economic Vision 2030 and its...
The City of Milwaukee and Waukesha County in Wisconsin, US jointly owned recycling plant secures an aluminium beverage can capture grant. Ardagh Metal Packaging, the sustainable beverage can manufacturer and rigid packaging supplier Crown backed the grant program. The fund will be utilised to install equipment at the facility to capture crushed or flattened cans. The recycling plant will now source more than 27 million aluminium beverage cans per year and drive annual revenue of more than $400,000. Rick Meyers, Department of Public Works sanitation services manager, City of Milwaukee said: “Thank you to Ardagh and Crown for investing in recycling facilities to help more aluminium beverage cans complete their circular journey to becoming a new can.” “This additional eddy current will help...
Shanghai Metals Market data showed China’s alumina production in October 2021 came in at 6.29 million tonnes, including 6.05 million tonnes of metallurgical grade alumina. On a month-on-month calculation, the output edged 1.45 per cent higher than 6.20 million tonnes, while on a year-on-year basis up by 2.11 per cent from 6.16 million tonnes. The daily average metallurgical grade alumina production in China was 195,200 tonnes, 2.2 per cent less than 199,500 tonnes in September 2021 but 1.8 per cent more than 192,000 tonnes in October 2020. From January to October 2021, China produced 59.70 million tonnes of metallurgical grade alumina in total, which reflected an increase of 7.1 per cent from 55.74 million tonnes during the corresponding period last year. China’s net imports of alumina in...
Hindalco Industries Limited has sharply cut its aluminium products prices, with effect from Tuesday, November 9, following the last hike on November 4. Hindalco’s aluminium billets price has witnessed a slash of INR 15,500 per tonne or 6.29 per cent to INR 230,850 per tonne. On November 4, the price stood at INR 246,350 per tonne, climbing by INR 1,500 per tonne from the previous day. Hindalco’s aluminium wire rod price has come in at INR 231,350 per tonne, also down by INR 15,500 per tonne from INR 246,850 per tonne on November 4. The company’s aluminium ingot price is currently being sold at INR 220,250 per tonne versus INR 235,750 per tonne last week. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the...
On Monday, November 8, Alcoa Corporation disclosed a technology roadmap for the aluminium industry to achieve a sustainable future, attaining net-zero greenhouse gas emissions by 2050 across global operations. The list of technologies included a new, proprietary post-consumer scrap recycling process and processes to design a refinery that lowers capital intensity, eliminates carbon emissions, and addresses other industry challenges. “Our technology roadmap represents an array of next-generation solutions that could significantly reduce emissions across the upstream value chain and concurrently generate significant stockholder value,” said Alcoa President and CEO Roy Harvey. “Our Refinery of the Future design and the ELYSIS zero carbon smelting technology, as just two examples, not only...
The economic growth of Kazakhstan is powered by structural reforms, abundant hydrocarbon resources, strong domestic demand, and foreign direct investment (FDI). These factors have supported the country to diminish poverty and transform into an upper-middle-income economy. The Central Asian nation, Kazakhstan imported 14,644 tonnes of aluminium cans during 2018-20, which accounted revenue expenditure of $82.16 million for the import. In 2018, the former Soviet Republic imported only 1150 tonnes of aluminium cans, with expenditure documenting to $6.37 million, whereas, in 2019, the import denoted a robust growth by 432%, as the import volume leapt to 6118 tonnes due to a surge in domestic demand and the expenditure also escalated to $36.05 million. Kazakhstan’s importation of cans in 2020...
On 8 th November 2021, the Paris prosecutor's office stated that the French prosecutors are investigating distressed metal magnate Sanjeev Gupta's GFG Alliance, broadening an in-process investigation for a state-backed loan of €18 million to one of its facilities in France. The comprehensive French investigation approaches on top of a probe by Britain's Serious Fraud Office into GFG Alliance as it endeavours to refinance its aluminium and steel businesses following the collapse of primary financial lending firm Greensill Capital. The Paris Prosecutors said that they unfastened an investigation in July 2021 toward allegations of misapplying of company assets and money laundering by Gupta’s GFG, after a decision by prosecutors in Poitiers to pass on their preliminary inquiry into the loan....
Domestic primary aluminium production in the United States in August 2021 stood at 73,000 tonnes, essentially unchanged from July 2021 but down year-on-year by 7,000 tonnes or 8.75 per cent from 80,000 tonnes, showed the latest data revealed by the US Census Bureau. The average daily production in August 2021 also remained the same as in the previous month at 2,360 tonnes but reflected a downfall of 9 per cent from 2,580 tonnes a year ago. Total aluminium recovered from scrap in August was 267,000 tonnes, 1,000 tonnes less than 268,000 tonnes in July and 3,000 tonnes less than 270,000 tonnes in August 2020. Of this, 142,000 tonnes of aluminium was recovered from new scrap and 125,000 tonnes from old scrap. In August 2021, the average US spot market price of primary aluminium ingot was...
The average alumina spot price in China has declined by RMB 48 per tonne on Tuesday, November 9, following restraint on the previous day at RMB 3,926 per tonne. According to the Shanghai Metals Market, the downfall today has brought the alumina price to RMB 3,878 per tonne. In Shandong, alumina price has plunged by RMB 85 per tonne to stand at RMB 3,840 per tonne, while the price in Henan and Shanxi has decreased by RMB 50 per tonne to come in at RMB 3,900 per tonne. In Guizhou and Guangxi, alumina price has slipped by RMB 25 per tonne to peg at RMB 3,775 per tonne and RMB 3,750 per tonne, respectively. On the other hand, A00 aluminium ingot price has grown by RMB 90 per tonne to settle at RMB 18,950 per tonne on November 9, found SMM. The average prices are expected to range between RMB...
