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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Aluminium is considered to be a perfect blend of form and function that is vital for consumer products. It has been observed that aluminium is gradually replacing plastic and steel components, as it is stronger and tougher than plastic and lighter than steel. The metal also allows heat to dissipate quickly, keeping products from overheating. As per the preliminary data from national statistics agency INEGI, the economy of Mexico declines by 0.2% in Q3 from the previous three-month period, the first quarterly decline since recovery from the pandemic commenced. The nation ranked 11th largest by purchasing power parity, Mexico imported 16,639 tonnes of aluminium household articles during 2018-20, which incurred expenditure of around $130.39 million towards the import. In 2018, Mexico...
New Day Aluminum Holdings LLC, the parent company of Noranda Alumina and Noranda Bauxite, has officially announced the rebranding of its business to the Atlantic Alumina Company (ATALCO). The company will rebrand all its metallurgical and non-metallurgical bauxite and alumina operations in a staged rollout over the next few months. While Noranda Bauxite will become Discovery Bauxite, covering both metallurgical and non-metallurgical bauxite in partnership with the Government of Jamaica, Noranda Alumina and NICHE Chemical will become Atlantic Alumina, with the business covering both metallurgical and non-metallurgical alumina products. Besides this, New Day Aluminum has also announced that its Gramercy alumina refinery has returned to normal production levels in October after surviving...
On Monday, En+ group, one of the largest shareholders of Rusal stated that the company is expected to complete the demerger of its higher-carbon assets into a new business in the second half of 2022. Previously, Hong-Kong listed Rusal, largest producer of aluminium outside China had anticipated this procedure to be completed in the first quarter of 2022. As part of the effort, it aims to change its name to AL+, which it expects will help it reach carbon neutrality by 2050. Rusal's high-carbon operations should be demerged, according to En+, which controls 56.9 percent of the company. Sual Partners, Rusal's second-largest stakeholder, also supports the notion, according to En+. Sual Partners, which controls 25.6 percent of Rusal, stated in a separate statement, “fully shares Rusal’s...
The Foreign Minister of Serbia, Nikola Selakovic stated that Slovak aluminium alloys producer, Heneken has manifested interest in building of a plant in the landlocked country of Central and Southeast Europe, Serbia. Selakovic said: "The Company submitted a letter of intent. Initially, they intend to employ about a hundred workers.” Heneken was founded in 2007 as a trading company. However, through all these years they moved on a stimulating track of growth and turned out as a supplier of non-ferrous metals and overhead conductors. The Slovakian company, Heneken, other than trading of aluminium and aluminium alloys, while with further continuous development and synergy effects within industry created opportunities to trade commodities like silicon, magnesium, Mg alloys, lead, Pb alloys,...
The average alumina spot price in China has slipped by RMB 9 per tonne on November 2 after over a week-long restraint from October 22 to November 1. According to the Shanghai Metals Market data, the average alumina spot price has come in at RMB 4,110 per tonne as of November 2. In Henan and Shanxi, the alumina price has dropped by RMB 10 per tonne to stand at RMB 4,140 per tonne, while the price in Shandong has settled at RMB 4,125 per tonne by also losing RMB 10 per tonne on November 2. In Guizhou and Guangxi, alumina price has inched down by RMB 5 per tonne to close at RMB 3,995 per tonne and RMB 3,895 per tonne, respectively. Among other primary aluminium input costs, caustic soda (32% concentration) price in Shandong has decreased by RMB 85 per tonne to come in at RMB 1,285 per tonne,...
Three-month LME aluminium opened at US$2,742 per tonne yesterday and closed at US$2,719.5 per tonne, down 0.51 percent. On Monday, November 1, LME aluminium cash (bid) price soars up by US$18 or by 0.66 percent to stand at US$2,712.50 per tonne. LME aluminium official settlement price also ascended by US$18 or by 0.66 percent to total at US$2,713 per tonne. December 22 bid price and December 22 offer price closed at US$2,660 per tonne and US$2,665 per tonne. LME aluminium opening stock on November 1 stood at 1035525 tonnes. Live warrants settled at 625350 tonnes and cancelled warrants were recorded at 410175 tonnes. LME aluminium 3-month Asian Reference Price for Monday, November 1, closed at US$2,719.42 per tonne. SHFE Aluminium Price Trend On Tuesday, November 2, the benchmark aluminium...
The global aluminium industry observed several enticing events in the month of October 2021. The interim President of Guinea with the authorities has set up an Audit Committee that will be responsible for scrutinizing the financial misconduct of the Alpha Condé regime majorly of the bauxite mining contracts. The London Metal Exchange witnessed the surge of aluminium price as it crossed the $3000 per tonne mark, the highest since July 2008. The metal aluminium consumes around 14-megawatt hours of power for one-tonne output. According to the Dutch aluminium producer, Aldel, the cost of electricity is currently about 4,500 euros per tonne of aluminium, while the aluminium selling price is around 2,500 euros per tonne. The Guinea coup leader turned interim President of the West African...
Alupro has been announced as the 2022 Student Starpack Awards' newest sponsor. The competition, which is organised by the Institute of Materials, Minerals, and Mining (IOM3), pushes university students to develop new packaging solutions to tackle difficulties given by top businesses. Established in 1964, the Student Starpack Awards aim to inspire the next generation of packaging professionals by discovering, honouring, and supporting exceptional young people and their instructors, encouraging them to bring inventive new ideas to the UK's ever-growing packaging sector. Alupro has released a detailed brief as part of the agreement, requesting applicants to design the principal packaging for a daily personal care product utilising endlessly recyclable aluminium. The judges will be looking...
Researchers at the National University of Science and Technology (NUST MISIS) collaborated with other Russian experts to develop a low-cost aluminium alloy that can resist temperatures up to 150°C higher than its counterparts. The material, according to the experts who developed it, would drastically lower the weight and carbon footprint of new rail trains, aeroplanes, and other technology. The Journal of Alloys and Compounds has published their study. In practically all conditions, including the atmosphere, seas, freshwater, many chemical solutions, and most foodstuffs, aluminium and most aluminum-based alloys are extremely corrosion resistant. Aluminium is widely used in aerospace, automotive, electronics, and other sectors because to these qualities, as well as its low specific gravity...
According to the International Aluminium Institute, alumina production in South America in September 2021 stood at 874,000 tonnes, reflecting a downfall of 6.72 per cent or 63,000 tonnes month-on-month. In August, alumina output in South America came in at 937,000 tonnes after being decreased by 25.22 per cent from 1.253 million tonnes in July. On a year-on-year calculation, South America’s alumina production in September 2021 edged 17.63 per cent or 131,000 tonnes higher than 743,000 tonnes. In the third quarter of 2021, alumina production in South America totalled 2.830 million tonnes, down by 11.31 per cent from 3.191 million tonnes in the second quarter. Compared to the September quarter of 2020, the production of the ore stood 5.48 per cent higher than 2.683 million tonnes. From...
HyNet, the UK's leading industrial decarbonisation programme, invited Greg Hands, the Minister for Energy and Climate Change, to Warrington to see Novelis, the world's largest aluminium recycling factory. The minister accompanied Warrington South MP Andy Carter to witness how HyNet hydrogen, generated at the UK's first hydrogen production facility, could help the world's largest recycler of aluminium decrease its carbon emissions. The visit comes only a week after the Government designated the Hynet project as a Track 1 cluster to expedite the decarbonisation of North West England and North Wales, reaffirming the government's commitment to the region. Minister Hands learned more about the economic and environmental advantages that would be seen across the area when companies link to...
On Sunday, Commerce Secretary Gina Raimondo said that the US and the European Union (EU) had achieved an agreement to end a three-year dispute over tariffs on steel and aluminium imports from the region. "We've reached an agreement with the EU which maintains the 232 tariffs but allows limited volumes of EU steel and aluminium to enter the US tariff-free," as said by Gina Raimondo to the reporters. "This agreement is significant in that it will reduce costs for American manufacturers and consumers," said Raimondo, highlighting that the cost of steel for manufacturers in the US downstream sectors has more than quadrupled in the last year, according to the Xinhua news agency. According to Raimondo, the EU will withdraw its retaliatory taxes on American goods in exchange. On December 1, the...
The most environmentally friendly and utmost recyclable type of container in the world is aluminium cans. It permits the beverages inside them to preserve their taste while securing them from the harmful influence of the elements. Furthermore, the can does not get rusty or lose its properties in any way. Aluminium cans are also used packing foods, oils, chemicals and other liquids as it is more malleable and lighter than steel cans. The economy of Sweden has been relatively steady over the last few decades, as the economy is highly driven by exports. The Scandinavian nation, Sweden with a size around 1.3 times bigger than Germany exported 31,067 tonnes of aluminium cans during 2019-20, incurring revenue generation of $86.13 million from the export. A relatively wealthy state, Sweden...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, has announced the third quarter and nine months report of 2021, wherein it has mentioned a profit of BD125.9 million (US$335 million) for Q3 2021, versus a Loss of BD11.6 million (US$30.9 million) for the same period in 2020. The total comprehensive income stood at BD126.4 million (US$336.1 million) in Q3 as against BD11.7 million (US$31.1 million) a year ago. With regards to revenue, it increased by 48 per cent year-on-year from BD262.7 million (US$698.6 million) to BD388.9 million (US$1,034.2 million) in 3Q2021. In nine months, Alba earned a profit of BD270.7 million (US$720 million), up by 1,320 per cent YoY, versus a Loss of BD22.2 million (US$59.1 million) for the same period in 2020. Comprehensive...
LME aluminium opened at US$2,749 per tonne last Friday morning and closed at US$2,733.5 per tonne, down US$14.5 per tonne or 0.53 percent. Both LME aluminium cash (bid) price and LME aluminium official settlement price decreased by US$26 or by 0.95 percent to total at US$2,694.50 per tonne and US$2,695 per tonne. 3-month bid price and 3-month offer price US$2,693 per tonne and US$2,695 per tonne. December 22 bid price and December 22 offer price stood at US$2,628 per tonne and US$2,633 per tonne. LME aluminium opening stock on October 29 settled at 1042800 tonnes. Live warrants were recorded at 625350 tonnes and cancelled warrants closed at 417450 tonnes. LME aluminium 3-month Asian Reference Price for Friday, October 29, totalled at US$2,697.42 per tonne. SHFE Aluminium Price Trend On...
A00 aluminium ingot price in China has increased by RMB 40 per tonne to stand at RMB 20,240 per tonne on Monday, November 1, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,220 per tonne and RMB 20,260 per tonne, with average prices likely to range between RMB 100-60 per tonne, down by RMB 20 per tonne from the previous day. In Foshan, A00 aluminium ingot price has climbed by RMB 70 per tonne to stand at RMB 20,270 per tonne, followed by the rise of RMB 45 per tonne in Chongqing to RMB 20,235 per tonne. In Gongyi, Wuxi, and Hangzhou, primary aluminium ingot price has gained RMB 30 per tonne to come in at RMB 20,130 per tonne, RMB 20,220 per tonne, and RMB 20,230 per tonne, respectively. In Linyi, A00 aluminium ingot price has grown by RMB 20 per...
The Australian listed resources company focused on developing an innovative and vertically integrated high quality, high-purity alumina for use in various high growth tech applications, FYI Resources Ltd has been licensed trade on the US-based OTCQX market. On 29 th October 2021, the HPA producing firm started-off trading on the OTCQX under the symbol FYIRF. The OTCQX is the highest quality tier of OTC markets and offers trading in companies that are not listed on traditional exchanges. Following the satisfaction with criteria of its balance sheet requirements, having high financial standards, patronising best practice corporate governance and demonstrating compliance with applicable securities laws, FYI was permitted to trade on OTCQX FYI Resources is spotting itself to be a crucial...
The quarterly results and the first nine months performance are gradually getting released for the bauxite segment, which has kept the industry highlighted, following the Guinea political unrest. However, in Guinea, Rusal produced 1.694 million tonnes of bauxite in 3Q2021, which was down by 6.77 per cent from 1.817 million tonnes a quarter earlier. Under the upstream sector, Hydro has announced a robust operation both in bauxite and alumina. Adjusted EBITDA earned from bauxite and alumina stood at NOK 1,055 million, reflecting a year-on-year rise of 83 per cent from NOK 578 million. For a new bauxite mine and bauxite export facility at the Port of Kamsar in Guinea, WEC Projects designed and constructed a desalination and wastewater treatment plant. The two projects will generate potable,...
