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...
Grow with
AL Circle
On 26 th October 2021, an international aluminium industry body stated that around $1.5 trillion of investment is necessitated to decarbonise power supplies used to produce aluminium, so the sector can initiate achieving the United Nations climate goals. During an online presentation, the only body representing the global primary aluminium industry, the International Aluminium Institute (IAI) said: “But that huge investment is only a portion of the funds needed so the output of aluminium, one of the most energy-intense metals, can cut emissions by 2050.” IAI further added: “Around 60% of the aluminium sector's emissions are from the production of electricity consumed in the smelting process, but the investment is also needed to shift to green hydrogen, deploy carbon capture and boost...
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported that the aluminium ingot production in Iran registered a hike of 23 per cent during the first six months of the nation’s calendar year (from March 21 to September 21) as compared to the same period last year. The organization also revealed that four major aluminium producers of Iran churned out 260,679 tonnes of aluminium ingot in total within the first six months of the year, while during the same period last year, the production stood at 211,779 tonnes. The large producers included Iran Alumina Company, Al-Mahdi Aluminum Production Co., IRALCO and SALCO. In the first four months of Iranian calendar year, aluminium ingot production stood at 175,000 tonnes, reflecting an increase of 26.30 per...
On 26 th October 2021, the Chinese company listed in Hong Kong and in New York bourse, Aluminum Corp of China Ltd stated that its quarterly net profits in July-September leapt more than five-fold Y-o-Y, swiping to highest since late 2013 on the shoulders of booming aluminium and alumina prices. The Chinese state-controlled company, Chalco, said: “Q3 net income was RMB 2.23 billion ($349 million), up around 430% from an adjusted RMB 421.25 million a year earlier.” The Refinitiv Eikon data reveals: “Profits were also up almost 6% from a bumper second quarter and marked Chalco's best result since the net income of RMB 2.79 billion in the fourth quarter of 2013.” The Q3 revenues concurrently shot up by 51.3% Y-o-Y to RMB 74.19 billion as Shanghai aluminium prices escalated to their highest...
In September 2021, North America produced 304,000 tonnes of primary aluminium compared to 315,000 tonnes in August, found the International Aluminium Institute (IAI). That was down by 11,000 tonnes or 3.49 per cent month-on-month, learned the data. On a year-on-year calculation, North America’s primary aluminium production was 4.1 per cent or 13,000 tonnes less than 317,000 tonnes. From July to September (Q3 2021), North America churned out 952,000 tonnes of primary aluminium, which reflected a decrease of 4.23 per cent quarter-on-quarter from 994,000 tonnes. Also over the year, the output stood 2.96 per cent lower than 981,000 million tonnes. In total nine months of the year, North America’s primary aluminium production amounted to 2.932 million tonnes, down by 1.48 per cent from 2.976...
The global metal giant Rio Tinto partners with Carbfix, the provider of natural and permanent storage solutions by turning CO2 into stone underground in less than two years, to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in Iceland. The MoU for a strategic partnership reveals that Carbfix will use Rio Tinto’s land surrounding the ISAL smelter for onshore CO2 injection in the world’s first carbon mineral storage hub, the Coda Terminal, while liquefied CO2 will be imported by ship from industrial sites across North Europe for storage. Rio Tinto visions ISAL as an ideal site to become the first smelter where carbon capture and storage is implemented in the aluminium industry. Both the parties will work together to advance...
En+ Group and its metals subsidiary, RUSAL has released new research today that emphasises the vital role of low carbon aluminium in Japan's Green Growth Strategy, laying the groundwork for the green energy transition and the further expansion of the circular economy. Based on industry statistics, the study forecasts a 20 percent growth in demand for aluminium semis from Japanese firms between 2020 and 2025. While cast aluminium products in Japan are nearly 100 percent recyclable, primary aluminium will still be required to supply more than 50 percent of predicted demand. Because of the high energy intensity of aluminium manufacturing, raw materials imported into Japan can have dramatically varying embedded emissions depending on the power sources employed, according to the report. When...
Hydro has announced in its quarterly results today that it has already reached the 2021 improvement target of NOK 5.1 billion during the third quarter of 2021 (ended on September 30), driven by global demand recovery and fiscal stimulus. As per the result revealed by Hydro, the company has achieved a 33 per cent hike in revenue from NOK 27,516 million in Q3 2020 to NOK 36,710 million in Q3 2021. On a quarter-on-quarter basis, it grew 6 per cent from NOK 34,559 million. Total revenue in nine months amounted to NOK 103,221 million compared to NOK 84,468 million a year ago. Adjusted EBITDA in Q3 2021 gained 100 per cent year-on-year from NOK 3,100 million to NOK 7,219 million. In nine-month time, it stood at NOK 18,998 million, an increase of 95.77 per cent from NOK 9,704 million. Under the...
On Friday, October 22, Aluminium Stewardship Initiative (ASI) made it public that MYTILINEOS has been successfully accredited against the ASI Performance Standard to carry out production, sourcing, stewardship of aluminium for their Bauxite mining activities at the Delphi Distomon site. The certification is also enabled for the refining, smelting, and casthouse activities at the Aluminium of Greece Plant; Port Facilities at the Aluminium of Greece Plant, Mytilineos corporate headquarter in Athens. The activities can produce more than 198,000 tonnes of aluminium, 860,000 tonnes of alumina, and 630,000 tonnes of bauxite each year. The ASI Certification programme is the first comprehensive voluntary sustainability standard initiative for the aluminium value chain, and it was developed with...
The 2021 outlook has enhanced significantly for the scrap market, propelled in part by constrained supply chains and rising prices of the metal have seen a dramatic turnaround. However, prices remain volatile and most market participants remain cautiously optimistic. Aluminium scrap can be recast for multiple uses like extensively in construction projects and also in the manufacturing automobiles, aircraft, etc. Thailand’s mixed economic system delivers a variety of private freedom, blended with centralized economic planning and government regulation. According to the World Bank, Thailand is a newly industrialized country, with a GDP of $505 billion in 2018, and the 8th largest economy of Asia. The South-East Asian nation, Thailand running industries like auto manufacturing and automotive...
Hindalco Industries Limited has decreased its aluminium products and aluminium ingot prices with effect from Saturday, October 23, bringing its aluminium wire rod price to INR 267,100 per tonne. That was down by INR 5,250 per tonne or 1.93 per cent from INR 272,350 per tonne on October 22. Hindalco’s aluminium billets price also saw a cut of INR 5,250 per tonne on October 23 from INR 271,850 per tonne to INR 266,600 per tonne. The company’s aluminium ingot price also plunged by INR 5,250 per tonne to INR 256,000 per tonne, which on October 22 stood at INR 261,250 per tonne. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which further decreased by US$64 per tonne from US$3,014 per...
To meet a 2050 net-zero carbon emissions target, Australia is banking on existing technology and unproven innovations. Prime Minister Scott Morrison will carry the pledge to the UN's COP26 climate meeting in Glasgow, which begins on Sunday. Despite worldwide pressure to do more in the coming decade to reduce global temperature rises, Australia will not change its 2030 targets. Instead, the administration announced fresh predictions suggesting that by the end of the decade, the country will have reduced its emissions by 30 to 35% compared to 2005 levels. This exceeds the current target of 26 to 28% but falls well short of countries like the United States, which has vowed a reduction of 50 to 52%. Mr Morrison stated on Tuesday that the government's ambition to achieve carbon neutrality by...
Swisstek Aluminium Limited, a Sri Lanka-based aluminium product manufacturer, is now part of the national sustainability drive through solar power generation facilities installation at its factory complex to shift to the usage of renewable energy. This initiative is expected to boost the company’s export share, considering the global aluminium consumers preference for materials from eco-friendly manufacturers. A rooftop solar panel array has been installed, given the factory’s large area and roof capacity. Thus, a total of 3,340 photovoltaic panels have been installed under the Ceylon Electricity Board’s net plus scheme, with a significant investment of over INR 156.5 million. The rooftop solar panels enable the generation of up to 30 per cent of the factory’s power consumption, whilst...
The raw material required for the production of metal aluminium is experiencing a dearth, while the price of the green metal has towered to sevenfold in a short span and the consumers will get the heat sooner or later, as stated by Adolf Kerbl, the Managing Director of the Foundry Industry Association. Gerald Mayer, the CEO of AMAG Austria Metall AG commented by saying: “The reason for the aluminium deficiency is actually a magnesium deficiency that resulted from the throttling of Chinese electricity production at coal-fired power plants.” “China has cut electricity production for environmental reasons in order to meet the climate targets. As a result, magnesium factories would produce less or would come to a standstill. The world market is dependent on China and around 87% of world...
A00 aluminium ingot price in China has continued to decline for the third day in a row by a significant amount of RMB 790 per tonne to stand at RMB 20,860 per tonne on October 26, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,840 per tonne and RMB 20,880 per tonne, with spot contract to be traded at a premium price of RMB 100-60 per tonne. In Hangzhou, Chongqing, and Wuxi, A00 aluminium ingot price is standing at RMB 20,850 per tonne by losing RMB 810 per tonne, RMB 795 per tonne, and RMB 790 per tonne, respectively. In Shenyang, primary aluminium ingot price has also plunged by RMB 790 per tonne but come in at RMB 20,920 per tonne. In Gongyi and Foshan, the price has plunged by RMB 770 per tonne and RMB 750 per tonne to close at RMB 20,790 per...
Three-month LME aluminium rose 0.75 percent to end at US$2,896.5 per tonne on Monday. On Monday, October 25, both LME aluminium cash (bid) price and LME aluminium official settlement price descended by US$29 or by 0.98 percent to total at US$2916.5 per tonne and US$2,917 per tonne. SHFE Aluminium Price Trend On Monday, October 25, benchmark aluminium price for SHFE decreased by US$127 to settle at US$3,281 per tonne. The most-traded SHFE 2112 aluminium closed down RMB 345 per tonne to RMB 21665 per tonne, with open interest down 5272 lots to 205809 lots. The most-traded SHFE 2112 aluminium contract fell 2.12 percent to settle at RMB 21,205 per tonne last night.
It is very much well known to us that germs are the source of disease. Hence, the medical world created a disinfectant to eliminate germs rapidly. During the COVID-19 pandemic, the presence of disinfectants reached its peak in the community. Furthermore to germs, disinfectant liquid can extinguish pathogens and fungi, as it is also believed to eradicate viruses. Presently, the most common product people choose is the type of disinfectant spray, while with the high market demand, more and more disinfectant products are distributing in the market. However, it is unfortunate that some irresponsible people take this as an opportunity, so the public needs to be careful in selecting spray disinfectant products. Dr Donny Fernando Kamu, a Medical Practitioner in Indonesia said: "Many patients ask...
On 25 th October 2021, the group representing Indian organizations involved in the industrial production and consumption supply chain activities across the country, the Indian Industrial Value Chain Council (IIVCC) labelled that 5000 plus SMEs who are associated with the aluminium value chain are in panic of suffering hefty losses if the ongoing coal supply distress challenging the primary aluminium industry is not immediately resolved. Out of 5000 MSMEs, around 1000 SMEs are associated with the supply chain and ancillaries of large aluminium producers and related input manufacturing industries, whereas, around 4000 SMEs are comprehended in the aluminium downstream manufacturing and distribution ventures. It has been also notified that any substantial unsettling in the market drift for...
_0_0.jpg)
On Sunday, October 24, Aluminium Bahrain (Alba), launched their second plant-wide Social, Environment, and Governance Awareness Campaign (ESG) called, ‘Shaping Our Future.’ Alba is one of the world’s leading smelters in Sustainable Development. Ali Al Baqali, the Chief Executive Officer of Alba started the campaign with a virtual keynote, signifying the achievements of the company and adaptability in terms of ESG. He also highlighted the incorporation of Bahrain’s Economic Vision 2030 Objectives and UN Sustainable Development Goals (SDGs) into the 5-year strategy of Alba. “To anchor sustainability at the heart of Alba, we have linked ESG in every aspect of our operations; this was also underlined in our Mission on how to remain competitive while charting a path to greater economic and...
