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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Three-month LME aluminium contract rose 1.76 per cent to settle at US$2,600 per tonne on Monday, November 8. On Monday, November 8, LME aluminium cash (bid) price and LME official settlement price increased by US$40 per tonne or 1.61 percent to stand at US$2,530 per tonne and US$2,530.50 per tonne, respectively. 3-month bid price and 3-month offer price came in at US$2,557 per tonne and US$2,558 per tonne. December 22 bid price and December 22 offer price settled at US$2,542 per tonne and US$2,547 per tonne. LME aluminium opening stock on November 8 further decreased to 1000375 tonnes. Live warrants remained at 621850 tonnes, while cancelled warrants slumped to 378525 tonnes. LME aluminium 3-month Asian Reference Price stood at US$2,558.48 per tonne on November 8. SHFE Aluminium Price...
According to research executed by the UK’s trade association, ALFED states that the UK's aluminium industry contributes far more than previously realised in terms of revenue and employment to the national economy. The voice of the UK aluminium industry, Aluminium Federation UK’s research has found that the sector directly employs 37,000 people across the UK, contributing almost £3 billion in Gross Value Added to the country’s GDP. The previous extensive supply chain spill-over effects are taken into account, hence, the sector supports at least 97,000 people and £6.8bn in GVA. Tom Jones, CEO of ALFED said: “The association engaged with the Fraser of Allander Institute (FAI) – which operates within the University of Strathclyde's Business School - to take a new approach to the data on both...
The industry-leading technology user to recycle aluminium for regional die casters and foundries, Spectro Alloys of Rosemount, Minnesota is infusing $10 million to make its recycling plant, the Upper Midwest's biggest processor of industrial aluminium, applying high standards of safety and with high energy efficiency. Spectro Alloys resolved an air-pollution issue with the U.S. Environmental Protection Agency (EPA) in May 2021 by paying a $110,000 civil penalty and installing pollution-control equipment on one of its furnaces, worth expending $250,000. The family-owned business, Spectro Alloys President Luke Palen said: “The Company already had planned improvements that far exceeded that fix.” "These investments demonstrate our commitment to continuous innovation for the environment and...
On 4 th November 2021, the Swiss multinational commodity trading company Trafigura in partnership with US Special Presidential Envoy for Climate, John Kerry publicized the “First Movers Coalition”, a new platform of corporate commitments to develop demand for low carbon technologies. During the UN Climate Change Conference COP26, in Glasgow, Scotland, Trafigura Group, the founding member of the coalition symbols its official launch. Jeremy Weir, the Executive Chairman and CEO of Trafigura confirmed the group’s dedication to driving decarbonisation and the grasping of low-carbon technologies in the shipping and aluminium sectors. Trafigura assures working with the First Movers Coalition to concur future purchasing commitments for low-carbon aluminium, to incentivise and work with producers...
The Aluminium Stewardship Initiative has certified Aluflexpack, one of the leading international manufacturers of outstanding flexible packaging, against both the Performance Standard Certification and Chain of Custody Standard Certification. Aluflexpack Novi d.o.o. production plant in Drniš, Croatia, has achieved dual Performance Standard and Chain of Custody Standard Certifications, while its Process Point Service AG site in Einsiedeln, Switzerland, has bagged Chain of Custody Certification. Aluflexpack Novi plant laminates, lacquers, extrudes, prints, slits, embosses, lasers, punches and forms aluminium into flexible packaging. Process Point Service plant develops and produces semi-rigid aluminium compound containers and lids. Fiona Solomon, Chief Executive Officer at ASI, said: “ASI...
Emirates Global Aluminium (EGA), one of the largest companies in the UAE, has accomplished the expansion of Al Taweelah smelter in Abu Dhabi to enhance production capacity at the facility by 78,000 tonnes per year. Abdulnasser bin Kalban, CEO of EGA said: “The completion of this expansion project adds to our production capacity amid strong demand for aluminium as the world builds back better from Covid-19. The expansion was delivered below budget and on schedule.” “All 2,843 reduction cells at EGA use our own efficient technology developed in the UAE, an important source of competitive advantage and pride for us as a leader in the global aluminium industry." Mubadala Investment Company, Abu Dhabi’s strategic investment arm and the Investment Corporation of Dubai are the joint owners of...
Aluminium is considered a remarkable metal for its low density and its features to resist corrosion through the passivation process. Aluminium tubing widens from consumer items, recreational merchandise and machine parts and automotive and manufacturing across an extensive range of industrial applications. However, suppliers respect aluminium for its strength and it is only one per cent of the steel weight. The metal exceptionally well absorbs heat making tubing a great material for temperature control applications such as refrigerators, solar power and air conditioning systems. The Scandinavian nation, Sweden imported 4216 tonnes of aluminium tubes and pipes during 2018-20, which incurred revenue expenditure of around $17.25 million for the import. In 2018, the Swedish import of...
Alpha HPA Limited has reportedly purchased a 9.2 hectares site Gladstone, Queensland, to develop a $300 million high purity alumina industrial plant. Premier of Queensland Annastacia Palaszczuk said the main objective behind building this plant is to create more jobs in varied industries and support economic recovery. “Supporting projects like this means more opportunities for secure, high-skilled jobs across Queensland,” the Premier said. Glenn Butcher, Minister of Regional Development and Manufacturing, Minister of Water, and Member of Gladstone, said the extensive infrastructure and port facilities in the Gladstone region and also skilled workforce have attracted Alpha HPA to the region. “Gladstone is a world-best location for existing industries with a proven track record of growing...
On Saturday, November 6, Emirates Environmental Group (EEG) successfully concluded the 25th Cycle of the ‘Can Collection Drive (CCD)’. Hundreds of individuals of all ages gathered to deposit aluminium cans for recycling, including academic and government institutions, hospitality, business, private organisations, and families. EEG was able to collect 5,629kg of aluminium cans and send them to local industries for recycling, diverting this easily recyclable commodity from landfills. The campaign's chairman, Habiba Al Mar'ashi, extended her thanks to everyone who took time out of their weekend to join in the campaign's 25th Jubilee celebration. “I am always overjoyed to see the residents of UAE coming together to contribute to the grass-roots movements of environmental sustainability. When...
A00 aluminium ingot price in China has increased by RMB 210 per tonne on Monday, November 8, following a sharp downfall of RMB 1,300 per tonne on Friday, November 5. According to the Shanghai Metals Market, the primary aluminium ingot price has come in at RMB 18,860 per tonne, with average prices likely to range between RMB 18,840 per tonne and RMB 18,880 per tonne. The spot contract is estimated to be traded at a premium price of RMB 80-40 per tonne. In Wuxi and Foshan, A00 aluminium ingot price has hiked by RMB 215 per tonne and RMB 210 per tonne to stand at RMB 18,845 per tonne and RMB 18,950 per tonne, respectively. A00 aluminium ingot price is also standing at RMB 18,845 per tonne in Hangzhou but by declining RMB 205 per tonne. In Tianjin and Chongqing, the primary aluminium ingot...
LME aluminium opened at US$2,558 per tonne last Friday morning and closed at US$2,555 per tonne. On Friday, November 5, LME aluminium cash (bid) price shrank by US$152.5 per tonne or by 5.77 percent to stand at US$2,490 per tonne. LME aluminium official settlement price also got reduced by US$152.5 per tonne or by 5.76 percent to record at US$2,490.50 per tonne. December 22 bid price and December 22 offer price settled at US$2,503 per tonne and US$2,508 per tonne. LME aluminium opening stock on November 5 closed at 1004050 tonnes. Live warrants for the same day stood at 621850 tonnes and cancelled warrant settled at 382200 tonnes. LME aluminium 3-month Asian Reference Price stood at US$2,526.15 per tonne on November 5. SHFE Aluminium Price Trend On Monday, November 8, the benchmark...
National Aluminium Company Limited further decreased its aluminium ingot and aluminium products prices significantly on Saturday, November 6, more than a week after the last cut on October 28. The latest slash brought the company’s aluminium ingot price to 216,150-219,650 per tonne versus INR 234,250-237,750 per tonne on October 28. That was a steep fall of INR 18,100 per tonne or 7.7 per cent. NALCO’s aluminium wire rod price came in at INR 218,650-223000 per tonne, down by INR 18,100 per tonne from INR 236,750-241,100 per tonne. NALCO is currently selling its aluminium billets at INR 219,600-222,250 per tonne, also less by INR 18,100 per tonne than the last selling price of INR 237,700-240,350 per tonne on October 28. NALCO links its aluminium ingot and aluminium products prices to the...
On 08 th November 2021, Alcoa Australia stated that it would resume functionalizing 35,000 tonnes per year of long retrenched capacity at its Portland aluminium smelter in Australia that will drive operations at the facility to around 95% of capacity amid supply shortage of the metal. Alcoa said that the procedure to resume the capacity, which was redundant since 2009, will commence forthright with metal output to begin in Q32022. Michael Gollschewski, President of Alcoa Australia said: “Restarting the idle capacity improves the smelter's cost structure, competitiveness and longer-term sustainability.” The prices of aluminium have skyrocketed to a 13-year high in October 2021, due to production restrictions by the world’s biggest producer, China. However, the aluminium prices remain...
The downstream segment of the aluminium sector is considered the most vital player due to the delivery of its multifaceted products, while the week has remained highlighted due to several reasons. The quarterly and half-yearly reports are gradually getting published, as Novelis, the world-leading producer of aluminium rolling and recycling reported that its net sales improved 38% year-on-year in 2QFY22 from $3 billion to $4.1 billion, primarily driven by a 5% increase in shipments and higher average aluminium prices. Arconic’s revenue from aluminium rolled products improved year on year from $1,092 million to $1,559 million in the September quarter. But from extrusions, it dipped from $82 million to $74 million. On 2nd November 2021, the Croatian parasol manufacturer VIS Promotex stated...
The producer and supplier of quality aluminium profiles Bangladesh Thai Aluminium Limited, which was impacted heavily due to the Covid-19 crisis in the previous year, have excelled in the pre-pandemic position in regards to the making of profit. The supplier of fabricated aluminium in Bangladesh, which furnished multiple prestigious buildings, Bangladesh Thai Aluminium booked a profit growth of 512% to Tk16.03 crore compared to the existing fiscal year. As per the reports on its financials, the revenue attained the pre-pandemic level in FY21 to Tk120.36 crore, an escalation of 58% from the previous year. In FY2018-19, the revenue stood at Tk121.22 crore, while the profit remained at Tk6.97 crore. However, the Covid-19 pandemic hit the revenue to plunge at Tk76.24 crore, whereas the profit...
The primary aluminium segment of the global aluminium industry has been in the limelight due to various events. In China, the Yunnan provincial government issued a policy prescribing an immediate cancellation of power price discounts and subsidies to the aluminium industry. It used to offer preferential electricity pricing to aluminium companies at 16% to 22% lower than the industry average. The US-based primary aluminium producer, Century Aluminium revealed their Q3 2021 results reporting a 10% rise in net sales with a net loss of $52.4 million. The price of aluminium, which is required for making almost everything from soda cans to aeroplane components, had stabilised after reaching a 13-year high of US$3,221 during the third quarter, due to the supply concerns caused by China’s power...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices after continuous cuts since October 21, 2021. With effect from November 4, Hindalco’s aluminium wire rod price has witnessed a rise of INR 1,500 per tonne to INR 246,850 per tonne. On November 3, the price stood at INR 245,350 per tonne after being reduced by INR 2,500 per tonne. Hindalco’s aluminium billets selling price is currently standing at INR 246,350 per tonne, which is also down by INR 1,500 per tonne from INR 244,850 per tonne. The company is selling its aluminium ingot price at INR 235,750 per tonne compared to INR 234,250 per tonne on November 3. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London...
The Glasgow International Airport (GLA) in Scotland has started off the trial run of eCOBUS, a zero-emission bus to transfer passengers between the terminal and aeroplanes parked at faraway stands. The new eCOBUS has been made operational to carry delegates and support staff during the ongoing COP26 summit. The zero-emission bus has been built on a Mercedes Benz chassis with an aluminium body for durability along with Scottish weather settings. This drive comes among the various projects that are being implemented under the sustainability plan revealed by AGS Airports. AGS Airports Limited is the United Kingdom-based owner of Aberdeen, Glasgow and Southampton Airports. The intention is to attain the mid-2030 target for decarbonising the operations and infrastructure of the group. However,...
