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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The largest aluminium producer in Brazil, Companhia Brasileira de Alumínio (CBA) inked an agreement to acquire 80% of Alux do Brasil, located in Nova Odessa-SP, in a transaction worth R$ 110 million, with a preference to buy the remaining 20% from the third year after accomplishment of the transaction. Alux do Brasil stands among the largest producers of secondary aluminium alloys in Brazil and holds accounts of the major players in the automotive segment as its customers. The Alux facility will empower CBA to set foot in a new market segment in addition to expanding its recycled aluminium production capacity by around 20%. However, the acquisition strengthens CBA's position in the recycling market in Brazil and widens its bases for further expansion in the future, including new...
According to the US Geological Survey (USGS), the United States imported 4,770 tonnes of US aluminium plates, sheets, bars, from Japan in July 2021, flaunting a month-on-month decrease of 210 tonnes or by 4.21 percent. In June 2021, 4,980 tonnes of plates, sheets, bars were imported from Japan, highlighting an increase of 1.42 percent from 4,910 tonnes in May 2021. On a year-on-year calculation, US aluminium plates, sheets, bars imported from Japan in July 2021, elevated by 19,670 tonnes or by 244.95 percent from 8030 tonnes. From January to July 2021, the imported plates, sheets, bars by the United States closed at 27,700 tonnes. For the same period last year, the amount exported by Oman settled at 8,030 tonnes. According to the data shared by the United States Geological Survey, the...
The new recycling plant built by Altech Recycling LLC in North Little Rock, Arkansas, will produce recycled materials destined for new Toyota vehicles. The plant, worth $20 million, started operating in September. It came into existence after the St. Louis-based Alter Trading Company, a scrap metal company, acquired the Arkansas-based Tenenbaum Recycling Group’s eight facilities three-and-a-half years ago. The plant sources materials for recycling from automobile shredder facilities in North Little Rock and Rogers. Jack Grundfest, Alter Trading Corporation President and the former head of Tenenbaum, said the shredding process produces a stream of materials. The mixture of metals, known as zorba, reaches the plant, which separates lighter aluminium, a product known as twitch. The twitch...
The voice of the aluminium industry in Europe, European Aluminium affirms that the tariff-rate quotas, which will replace the existing 10% tariff on EU aluminium products under Section 232, will result in even more trade distortions. The association notifies it will create additional market instability for aluminium companies on both sides of the Atlantic. Gerd Götz, Director General of European Aluminium, stated: “It seems the EU and US administrations assumed that trade policies that work for steel will work equally well for aluminium without taking into account our industry’s specificities and our continued opposition against tariff-rate quotas. Replacing the Section 232 tariffs with another trade-distorting measure is a lose-lose situation for the aluminium industry and their...
Ball Corporation, the world's leading provider of innovative, sustainable aluminum packaging for beverage, personal care and household products has announced the third-quarter results of 2021, reporting net earnings of $179 million on sales of $3.6 billion, compared to $241 million net earnings on $3.1 billion sales a year ago. In nine months, net earnings totalled $581 million on sales of $10 billion versus $358 million on sales of $8.7 billion during the corresponding period of last year. Ball’s third quarter and year-to-date 2021 comparable earnings per diluted share were 94 cent and $2.52, respectively, compared to 89 per cent and $2.15 last year. "During the quarter, the company increased comparable earnings per diluted share by 6%, managed numerous supply chain inefficiencies and...
Power restrictions in China has “dramatically reduced” magnesium shipments to Europe, raising concerns that a scarcity of aluminium for packaging may result. The comments were made on November 3, during a non-ferrous metals panel discussion at the Bureau of International Recycling's (BIR) non-ferrous metals conference. Reduced exports to Europe, according to Franco Dalpiaz, head of raw material buying at Raffmetal SPA, an Italian recycler of aluminium alloys, might lead to production halts throughout the aluminium value chain. This might have ramifications for the automobile and packaging industries. In addition to the above statement, Mr Dalpiaz also highlighted the need to find “solutions for the zero-emission use of the internal combustion engine with renewable fuels”. Failure to do...
Stranded aluminium wiring is considered safe, while it has been performing as intended for decades. The wires need a special joint compound that is electrically conductive and prevents rust. However, the stranded aluminium wire does offer better control of skin effect than stranded copper due to its greater skin depth and natural strand insulation through an oxide layer. South Korea has a mixed economic system that includes a variety of private freedom, combined with centralized economic planning and government regulation. The East Asian nation, South Korea imported 6923 tonnes of aluminium stranded wire during 2019-20, incurring revenue expenditure of $31.70 million for the import. In 2019, South Korea imported 4406 tonnes of aluminium stranded wire, which accounted expenditure of $11.19...
The Green Building Council of Sri Lanka (GBCSL) has awarded Alumex PLC the Eco-Label under the GREEN Labelling System for its full aluminium extrusion range, in recognition of sustainable production. Alumex PLC, a Hayleys Group Company, has been selected by the GBCSL as a strong example of sustainable manufacturing - an important contribution to attaining a common objective of building a healthy and sustainable future together. “As a company that has embraced sustainable business practices, we are glad to have been recognized with the ‘Eco-Label Certification’ from the ‘Green Building Council of Sri Lanka. “The certification is a testament to our constant focus on sustainable manufacturing processes and to the value we offer our discerning customers,” said, Alumex PLC Managing Director...
Century Aluminum Company announced the third-quarter results of 2021 ended September 30, reporting a 10 per cent rise in net sales quarter-on-quarter from $528 million to $582.4 million. Shipments grew 3 per cent from 190,894 tonnes in Q2 2021 to 196,095 tonnes in Q3 2021. The company also reported a net loss of $52.4 million for the third quarter, which was $17.3 million lower than $35.1 million in the second quarter. The third-quarter results were negatively impacted by $46.7 million of net exceptional items, in particular $35.0 million of unrealized losses on derivative instruments, $7.7 million in legal settlements, and $4.0 million in share-based compensation costs. However, adjusted net loss improved sequentially by $22.1 million to $5.7 million in Q3. Adjusted EBITDA increased...
According to the Shanghai Metals Market, social inventories of primary aluminium built-up 31,000 tonnes or 12.32 week-on-week across eight major Chinese consumption areas. On Thursday, November 4, primary aluminium inventories came in at 1.01 million tonnes, contributed by higher stock arrivals in Wuxi, Linyi, and Shanghai. Last week, on October 28, primary aluminium inventories stood at 982,000 tonnes, climbing by 25,000 tonnes from the previous week. The chart below indicates the current status of primary aluminium inventories across China in more detail: Primary aluminium inventories in Wuxi this week gained the highest stocks of 21,000 tonnes week-on-week to stand at 362,000 tonnes, followed by the increase of 6,000 tonnes in Linyi to come in at 23,000 tonnes. In Shanghai and...
The carbon-free aluminium smelting for widely usable products varying from smartphones to cars and drink, cans are one step closer with ELYSIS effectively producing aluminium without any direct greenhouse emissions at its Industrial Research and Development Center in Saguenay (QC), Canada. The production of aluminium at the ELYSIS Industrial Research and Development Center denotes the achievement of a remarkable milestone, using a full industrial design at a size comparable to small smelting cells operating in the industry today. François-Philippe Champagne, Minister of Innovation, Science and Industry of Canada said: “Congratulations to the workers at ELYSIS who have taken another step towards producing carbon-free aluminium. ELYSIS and key local players in the supply chain are making us...
LME aluminium opened at US$2,680.5 per tonne on Thursday morning and closed at US$2,553.5per tonne, down US$132.5 per tonne or 4.93 percent. On Thursday, November 4, both LME aluminium cash (bid) price and LME aluminium official settlement price decreased by US$63 or by 2.32 percent to settle at US$2,642.50 per tonne and US$2,643 per tonne. 3-month bid price and 3-month offer price stood at US$2,664 per tonne and US$2,666 per tonne. December 22 bid price and December 22 offer price was recorded at US$2,633 per tonne and US$2,638 per tonne. LME aluminium opening stock on November 4 stood at 1009725 tonnes. Live warrants for the same day settled at 621850 tonnes and cancelled warrant for closed at 387875 tonnes. LME aluminium 3-month Asian Reference Price closed at US$2,663.01 per tonne on...
The average alumina spot price in China has declined for the fourth day in a row to stand below RMB 4,000 per tonne, found the Shanghai Metals Market. On Friday, November 5, the price has sharply decreased by RMB 88 per tonne to come in at RMB 3,926 per tonne. In Shandong and Guizhou, alumina price has plunged by RMB 105 per tonne to stand at RMB 3,925 per tonne and RMB 3,800 per tonne, respectively, while the price in Henan and Shanxi has shrunk by RMB 90 per tonne and RMB 85 per tonne to close at RMB 3,950 per tonne on November 5, learned SMM. China’s A00 aluminium ingot price has also recorded a steep fall of RMB 1,300 per tonne on November 5 to settle at RMB 18,650 per tonne, attributable to the hike in primary aluminium inventories. According to SMM, the average prices are expected...
On 4 th October 2021, the Japanese Ministry of Economy, Trade and Industry stated that Minister Koichi Hagiuda has urged the United States to eliminate extra tariffs on aluminium and steel products imports from Japan in a meeting with Washington's trade representative. The Ministry said: “On a virtual meeting with United States Trade Representative (USTR) Katherine Tai, Hagiuda requested for a resolution to the tariffs issue on Japanese aluminium and steel products under Section 232 of the US Trade Expansion Act.” Hagiuda’s plea comes following the US and the EU concluded a three-year-old discord on 31 st October 2021 over aluminium and steel tariffs and declared they would work on a global disposition to counter high carbon emitted production and overcapacity in the industry. The deal...
The expectation is gradually peering through the clouds of Russia, that the govt. might remove the taxes on aluminium exports and foster global supplies due to the triggered inventory sell-off that has marked down the prices of the metal on the physical market in the US and in Europe. Following the run down in aluminium stocks that were estimated at around 1 million tonnes in Europe and up to half a million tonnes in the United States, propels the prices towards a further downfall. The implementation of a 15% export tax on primary aluminium exports by Russia or a minimum of $254 a tonne, during the August and December phase is not envisioned to be recommencing after it manifested to discard the duty on aluminium-based alloys. The tax was applied to the Russian aluminium giant Rusal, one...
According to the Shanghai Metals Market (SMM), aluminium billet inventories in China descended by 24,500 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 138,300 tonnes on Thursday, November 4. The major reason behind the decline in aluminium billet inventories this week was mainly due to Foshan, whose inventory plummeted 22,300 tonnes, or 27.33 percent, for the week, followed by Nanchang's inventory dropping 3,000 tonnes, or 14.29 percent. Changzhou's stockpile increased by 1,500 tonnes, or 8.82 percent, from a week before. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium inventories descended by 22,300 tonnes this week to total at 59,300 tonnes. In Nanchang,...
The aluminium flat-rolled products are generally made by rolling thick aluminium between rolls that reduce the thickness and lengthen it through hot and cold rolling processes. However, flat-rolled aluminium products are widely used in several applications including household utensils, packages, closures, building interiors & exteriors, roofs and home electric appliances. Egypt is considered as one of the few emerging market countries that came across a positive growth rate in 2020. The Egyptian government stated that it expected the economy grew 2.8% in the 2020/2021 fiscal year amid the huge disarray across the global economy. The nation located at the North-eastern corner of Africa, Egypt exported 163,173 tonnes of aluminium flat-rolled products during 2018-20, generating revenue of...
Novelis Inc., the world leader in aluminum rolling and recycling, announced the second quarter results of FY2021-22 on Wednesday, November 3, revealing net income of $237 million compared to a net loss of $37 million in Q2 FY2021. Net income from continuing operations stood at $239 million versus $144 million a year ago. Novelis also reported that its net sales improved 38 per cent year-on-year in 2QFY22 from $3 billion to $4.1 billion, primarily driven by a 5 per cent increase in shipments and higher average aluminum prices. Flat rolled products shipments increased from 923 kilotonnes in Q2 FY21 to 968 kilotonnes in Q2 FY22, buoyed by strong demand for sustainable aluminum beverage packaging and specialty products. Adjusted EBITDA gained 22 per cent to $553 million in Q2 FY22 from $455...
