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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Qatar Aluminium Manufacturing Company (QAMCO) has announced the highest ever quarterly net profit of QR233 million during Q3 2021, ended September 30, as it has reaped the benefit of strong aluminium pricing amid renewed demand and restrained supply. That brought the total net profit to QR521 million for the nine-month period, an increase of 4,242 per cent from QR12 million during the same period last year. QAMCO’s share of revenue from JV amounted to QR2,127 million from January to September, compared to QR1,607 million a year ago, while its share of EBITDA stood at QR918 million, up by 104 per cent from QR450 million. QAMCO’s EBITDA margin was 43 per cent, while its closing cash balance was QR1.121 billion. QAMCO’s improved financial results were largely due to the growth in global...
The European developer of aluminium products for the building sector, Reynaers Aluminium renowned as a specialist in the development and marketing of innovative and sustainable aluminium solutions for windows, doors, curtain walls, sliding systems, sun screening and conservatories has delivered the latest generation of its versatile systems to a prestigious project ‘Ajdan Rise’that has become the crowning glory of Al Khobar skyline. Ali Khalaf, the Managing Partner and Director of Reynaers Middle East stated that the glorious project Ajdan Rise displays luxury, comfort and an eccentric architecture appropriate for the high-performance levels expected of a world-class, state-of-the-art building on the Al Khobar Waterfront. The 130-m tower includes 187 luxury residential units enveloped...
The aspect of aluminium is the rationale it is used frequently in household articles. The metal aluminium is gradually replacing plastic and steel articles, as it is stronger and tougher than plastic and lighter than steel. Furthermore, aluminium allows heat to disperse quickly, keeping articles from overheating. Belgium’s well developed free-market economy is founded on both industrial and service sectors, despite its small size it has consistently ranked among the top 20 economies of the world and stands strong. The country home to NATO headquarters, Belgium imported 36,320 tonnes of aluminium household articles during 2018-20, which drove revenue expenditure for import of around $187.27 million. The Western European nation in 2018 imported 7568 tonnes of aluminium household articles...
The Aluminium Stewardship Initiative (ASI) announced today that Kam Kiu Aluminium Products Group Limited's extrusion plant in Taishan City, China, has been successfully accredited against the ASI Performance Standard for responsible aluminium production, sourcing, and stewardship. Re-melting, casting, mould design and processing, extrusion, coating or anodizing surface treatment are among the facility's 31 extrusion manufacturing lines, which produce over 100,000 tonnes of extrusion profiles annually. The ASI Certification programme is the first complete voluntary sustainability standard project for the aluminium value chain, and it was established after considerable multi-stakeholder input. With the goal of addressing sustainability challenges in the aluminium value chain, the ASI...
The Aluminium Stewardship Initiative has successfully certified Novelis’ rolling and recycling activities at the facility in Pindamonhangaba, Brazil, against the Performance Standard Certification. The facility has an annual capacity of 490 thousand tonnes for recycling and 680 thousand tonnes for aluminium sheet, primary destined for beverage packaging and consumer and industrial packaging in South American region. The ASI Performance Standard defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain. It sets out 59 criteria under the three sustainability pillars of Governance, Environment and Social, which address key issues such as biodiversity, Indigenous Peoples rights, and greenhouse gas...
A00 aluminium ingot price in China has opened the week with a plunge of RMB 250 per tonne on Monday, October 25, to stand at RMB 21,650 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 21,630 per tonne and RMB 21,650 per tonne, with average prices likely to range between RMB100-60 per tonne. In Tianjin, Shenyang, and Linyi, A00 aluminium ingot price has come in at RMB 21,710 per tonne by losing RMB 300 per tonne, RMB 280 per tonne, and RMB 270, respectively. In Wuxi and Gongyi, the primary aluminium ingot price has decreased by RMB 255 per tonne and RMB 250 per tonne to stand at RMB 21,640 per tonne and RMB 21,560 per tonne, while the price in Hangzhou and Chongqing has reduced by RMB 240 per tonne and RMB 225 per tonne to peg at RMB 21,660...
LME aluminium opened at US$2,912.5 per tonne last Friday morning and closed at US$2,875 per tonne, down US$28 per tonne or 0.96 percent. LME aluminium cash (bid) price moved down by US$67.5 or by 2.24 percent to close at US$2,945.50 per tonne. LME aluminium official settlement price descended by US$68 or by 2.25 percent to total at US$2,946 per tonne. 3-month bid price and 3-month offer price settled at US$2,955 per tonne and US$2,957 per tonne. December 22 bid price closed at US$2,857 per tonne and the offer price for the same day totalled at US$2,862 per tonne. LME aluminium opening stock for October 22 closed at 1086625 tonnes. Live warrants for the same day totalled at 621150 tonnes and cancelled warrants stood at 465475 tonnes. LME aluminium 3-month Asian Reference Price for Friday,...
The global auto industry has been alerted for the shortfall of components driven by the Chinese energy crisis. The power distress is restricting the nation towards production curb across a wide range of industries, but especially the impact is huge on aluminium alloys supply. China controls 87% of the World’s magnesium production with functionalizing 50 smelters, while the govt. has directed around 35 magnesium smelters to cease production until the end of 2021. The rest in operation will be producing only 50% of their capacity to ensure energy consumption targets are successfully achieved. Magnesium is a vital component in the production of aluminium alloy. The dearth of the metal could sceptically jolt the global automotive industry. Amos Fletcher, Director of Mining Equity Research,...
National Aluminium Company Limited has sharply reduced its aluminium ingot and aluminium products prices with effect from Saturday, October 23, following a significant rise of INR 24,300 per tonne on October 15. With the latest cut, NALCO’s aluminium ingot price has come in at INR 253350-256850 per tonne, down by INR 18,500 per tonne or 6.8 per cent from INR 271,850-275,350 per tonne. NALCO’s aluminium wire rod price has also seen a plunge of INR 18,500 per tonne, which has brought the price from INR 274,350-278,700 per tonne to INR 255,850-260,200 per tonne. Aluminium billets price has come in at INR 256,800-259,450 per tonne compared to INR 275,300-277,950 per tonne on October 15. NALCO links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on...
The global aluminium downstream segment remains in the spotlight this week with regard to multiple happenings. The world second-largest and Asia’s biggest producer of aluminium extrusions, China Zhongwang whose products are broadly consumed in multiple sectors like transport, construction and electronics industries have reported a financial crisis at the Hong Kong bourse. Zhongwan headquartered with its vital production base is in the city of Liaoyang, the north-eastern province of Liaoning, one of the Chinese regions hardest hit by widespread power crisis that have cramped industrial production. The biggest aluminium billet producer in the United States, Matalco has sent an S-o-S to consumers of its output slash and rationalizes supplies immediate next year amid a magnesium crisis....
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, process, and fire water, as well as treat effluent from the port camp and activities. Despite facing some unique and challenging obstacles, both projects were completed successfully. The Guinea Alumina Corporation (GAC) bauxite mine, worth US$1.4 billion, is a greenfield project in Guinea's northwest area. Between the cities of Boké and Sangaredi, the mining firm holds a 690-square-kilometer bauxite concession with deposits estimated to be approximately 400 million tonnes. The bauxite, which is needed to make aluminium, is mined and carried by rail to the Port of Kamsar, where it is...
On 22 nd October 2021, the largest aluminium smelter in Europe that specialises in the production of aluminium slabs and ingots, Aluminium Dunkerque Industries France SAS, formerly known as Liberty Industries France SAS accomplished the refinancing of its Senior Facility Agreement, comprising approximately $235 million of funded debt and $60 million in hedging liabilities. The company confirmed all holders of this facility that were previously in default have received payment at par plus accrued interest. The replacement facility is a bond held by affiliates of American Industrial Partners (AIP) Capital Fund VII, L.P. ("AIP"). The replacement facility comes with a five-year maturity, a diminished cash-pay interest rate and no mandatory amortization. The replacement facility also provides...
Coal shortage continues to be a matter of concern for the Indian aluminium industry this week. However, Indian state-run coal exploitation and refining company, Coal India Limited (CIL) has clarified that the supply dry foil fuel to the non-power sector like aluminium, steel, etc. has been diminished, but not completely ceased as professed by some sectors. As reported by a senior official of CIL, the course of action has been taken to consummate emergency demands for power plants as the country encounters a coal crisis. To know more: https://www.alcircle.com/news/supply-of-dry-fuel-to-the-non-power-sector-is-regulated-not-stopped-coal-india-71645 According to another report, due to the limited coal stock as Coal India has curtailed supply, India’s aluminium makers are taking costlier...
This week, the bauxite industry started with the news that, Rio Tinto has reportedly renewed the partnership with the Université du Québec à Chicoutimi (UQAC) for the next three years, meaning the former will invest more than $2 million to continue research & development in bauxite and tailings processing technologies. This marks a 25-year union between the two organisations, particularly in the area of bauxite and tailing treatment technologies and alumina manufacturing. To know more: https://www.alcircle.com/news/rio-tinto-renews-partnership-with-uqac-for-3-years-to-continue-r-d-in-bauxite-and-alumina-manufacturing-71663 This was followed by the news that, Guinea mining sector attracting US$6.2 billion investment within 5 years of time. The West African nation that recently faced a...
Primary aluminium production in Africa stood at 132,000 tonnes during September 2021, reflecting a decrease of 4,000 tonnes or 2.94 per cent month-on-month, found the International Aluminium Institute. In August 2021, Africa produced 136,000 tonnes of primary aluminium, which was only 1,000 tonnes higher than 135,000 tonnes in July. From a year ago, Africa’s primary aluminium production in September registered an increase of only 1,000 tonnes from 131,000 tonnes. Africa’s total primary aluminium production during July-September (Q3 2021) came in at 403,000 tonnes, up by 1.77 per cent quarter-on-quarter from 396,000 tonnes and 0.50 per cent year-on-year from 401,000 tonnes. From January to September 2021, primary aluminium production in Africa totalled 1.184 million tonnes – 1.74 per cent...
According to the Shanghai Metals Market, aluminium billet inventories in China decreased by 3,200 tonnes week-on-week across five major consumption areas. As a result, the inventories closed at 181,200 tonnes on Thursday, October 21. Stock decline in Foshan and Nanchang resulted in the decrease in aluminium billet inventories this week. According to SMM, the inventory of aluminium billet declined because the arrivals contracted this week and the shipments picked up significantly day before as the aluminium prices moved down. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium billet inventories decreased by 3,700 tonnes this week to close at 95,700 tonnes. In Nanchang, inventories declined by 2,500 tonnes to settle...
The United States aluminium scrap imports from Mexico decreased in July 2021 following restraint in the previous month. According to the US Census Bureau data, the United States imported 800 tonnes less of aluminium scrap from Mexico in July than the earlier month. The imports stood at 18,000 tonnes in July compared to 18,800 tonnes in June. On a year-on-year calculation, the United States aluminium scrap imports from Mexico in July 2021 stood 62.16 per cent or 6,900 tonnes higher than 11,100 tonnes. From January to July 2021, the United States total aluminium scrap imports from Mexico amounted to 123,000 tonnes, up by 38,700 tonnes or 45.91 per cent from 84,300 tonnes during the same period last year. The United States total aluminium scrap imports in July 2021 stood at 58,100 tonnes,...
AlCircle, one of the leading providers of information related to the metal industry, believes in staying at the forefront of the global aluminium value chain sector. By delivering the latest information and data related to the industry, AlCircle likes to stay connected with their readers and keep them well informed about the industry. After the grand success of the first and second e-magazine under the topic Industry 4.0, AlCircle has come up with the third edition in this series of e-Magazine titled as “Aluminium Industry 4.0: Drivers & Change Makers of 2021”. The 3rd edition of the e-Magazine contains interviews and articles of some of the famous aluminium industry leaders, change makers, and pioneers. It also highlights the importance of Industry 4.0, its success stories, and how it is...
