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
Hindalco Industries Limited has sharply cut its aluminium ingot and aluminium products prices with effect from Friday, October 21, following several growths until October 19. Hindalco’s aluminium ingot price has shrunk by INR 10,500 per tonne from INR 277,000 per tonne to INR 266,500 per tonne. The company has also cut its aluminium wire rod price by INR 10,500 per tonne from INR 288,100 per tonne on October 19 to INR 277,600 per tonne on October 21. Aluminium billets price is standing at INR 277,100 per tonne compared to INR 287,600 per tonne on the previous day. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which decreased during October 19-21 by US$162 per tonne to stand at...
LME aluminium opened at US$3,093.5 per tonne on Thursday morning and closed at US$2,903 per tonne, down US$194 per tonne or 6.26 percent. LME aluminium cash (bid) price decreased by US$51.5 or by 1.68 percent to settle at US$3,013 per tonne. LME aluminium official settlement price also moved down by US$51 or by 1.66 percent to score at US$3,014 per tonne. 3-month bid price and 3-month offer price closed at US$3,023 per tonne and US$3,023.50 per tonne. December 22 bid price totalled at US$2,903 per tonne and the offer price for the same day settled at US$2,908 per tonne. LME aluminium opening stock for October 21 stood at 1092600 tonnes. Live warrants for the same day closed at 625050 tonnes and cancelled warrants were recorded at 467550 tonnes. LME aluminium 3-month Asian Reference Price...
After an intermittent rise of RMB 220 per tonne on October 21, A00 aluminium ingot price in China has again decreased sharply to close the week below RMB 22,000 per tonne. The Shanghai Metals Market data has found that the primary aluminium ingot price has plummeted by RMB 1,440 per tonne on October 22 to come in at RMB 21,900 per tonne. The average prices are expected to range between RMB 21,880 per tonne and RMB 21,920 per tonne, with spot contract to be traded at a premium price of RMB 110-70 per tonne. In Chongqing, A00 aluminium ingot price has plunged by RMB 1,460 per tonne to stand at RMB 21,870 per tonne, and the price in Chongqing has declined by RMB 1,445 per tonne to peg at RMB 21,895 per tonne. In Hangzhou and Foshan, the primary aluminium ingot price has also declined...
The renowned manufacturer and supplier of aluminium flat-rolled products in the United Kingdom have obtained a £60 million asset-based lending (ABL) facility from HSBC UK to support the expansion of its product range and power its future growth plans. The metal strips for lithography printing Bridgnorth Aluminium will utilize the funding from HSBC UK to diversify into different markets, driving away from being purely recognised as a lithography specialist to a more multifaceted approach. Bridgnorth Aluminium was founded way back in 1933 and currently being the largest Shropshire's employer, the manufacturer will commence and supply new aluminium flat-rolled products to the beverage industry for aluminium cans production and to the stockist market. With the plan to enter these high-growth...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have sharply grown by 70,000 tonnes across eight major consumption areas, including SHFE warrants, to come in at 957,000 tonnes on Thursday, October 21. This drastic growth is caused by higher arrivals of stocks at warehouses amid sluggish demand. Last week on October 14, China’s primary aluminium inventories stood at 887,000 tonnes by gaining 25,000 tonnes week-on-week. The chart below indicates the current status of primary aluminium inventories across China in more detail: Among all the major Chinese cities, Wuxi has seen the highest growth of 28,000 tonnes week-on-week to stand at 324,000 tonnes, followed by the increase of 17,000 tonnes in Shanghai to peg at 96,000 tonnes. In Nanhai and Gongyi,...
Ball Corporation, a US-based aluminium packaging firm, has revealed intentions to construct Brazil's first "circular economy laboratory" on Fernando de Noronha's island. The VADELATA for the Planet Lab will make aluminium can collection and recycling easier. The project's construction has officially begun, with a ground-breaking ceremony performed this week. The 4,300ft² facilities, which is set to open, next year, will include drop-off and pre-processing areas for aluminium cans, as well as display spaces and conference rooms for lectures and seminars. The plant will recycle over 100,000 pounds of aluminium in its first year of operation. It also aims to provide locals and visitors with a greater awareness of sustainable practises. “As part of the company’s recently announced 2030...
The Guinea coup leader turned interim President of the West African nation, with the authorities, after showing their intention to tidy out the financials of the former government, by establishing an Audit Committee that will be responsible for investigating the financial misconduct of the Alpha Condé regime, must also now scrutinize the Guinean mining cadastre. The strategic committee will officially review all the mining contracts signed under the Condé era. The directory needs to review agreements targeted to the Bauxite mining, Nimba Project and Iron Sectors of Simandou blocks 1 and 2 where a company was backed by the son of Alpha Condé took over with fanfare. The steadfastness of President Alpha Condé in the mining sector, sponsored by his close acquaintances had tainted the entire...
Kaiser Aluminum, an American producer of superior aluminum mill products, has revealed its third-quarter results mentioning net sales of $751 million, with value-added revenue of $305 million. The data indicates that the company’s revenue decreased quarter-on quarter by $13 million despite the hike of $10 in net sales. The net loss reported by Kaiser for Q3 was $2 million or $0.14 loss per share. Net income was $9 million or $0.57 earnings per share, down from $16 million or $1 earnings per share in Q2 2021. Adjusted operating income also fell in Q3 by $7 million on quarter from $33 million to $26 million. Adjusted EBITDA stood at $50 million in Q3 compared to $59 million in Q2 2021. However, on a year-on-year calculation, net income in Q3 increased from $6 million or 0.39 earnings per...
The most crucial input material to the aluminium recycling process is aluminium scrap. However, it is generally classified as “new scrap” from production processes and “old scrap” from post-consumer use. The one that emerges from the manufacturing of aluminium semi-fabricated and final products is the new scrap. The most habitual source of aluminium scrap is general-purpose items, such as beverage cans and household products. Aluminium reclaimed from aircraft is a small but growing source of scrap material. The central European nation, Poland recorded an export of aluminium scrap of 457,303 tonnes during 2019-20, which generated revenue of $475.74 million from the export of scrap. The Polish export of aluminium scrap in 2019 was documented at 220,765 tonnes, with earnings incurred from...
South32, a diversified mining and metal company, has kept its output estimate steady for the fiscal year 2022, based on the output in the first quarter. On Thursday, October 21, South32 informed that alumina output fell 10 percent Q-o-Q in the first quarter of FY2022 to 1.2 million tonnes, while aluminium production climbed by 1 percent to close at 248,000 tonnes. Following an incident in July that damaged one of the refinery's two bauxite unloaders, alumina production in Brazil fell by 22 percent in the third quarter. The business took swift steps to reduce the inconvenience by installing temporary loading equipment, and it was back up and running in October. “Our operations continue to perform well, achieving record production at South Africa Manganese and maintaining production above...
Austria-based high-quality aluminium products supplier Hammerer Aluminium Industries (HAI) is reportedly investing in a third recycling furnace at its Santana site in Romania, in response to the increasing demand for lightweight aluminium products. The new furnace is expected to produce high-quality aluminium recycling material at a full capacity from early 2022. Hammerer Aluminium CEO, Rob van Gils, said: "We are implementing the project quickly and will be able to supply the market with high-quality recycling material at full capacity from the beginning of 2022, as planned, and thus meet the increasing demand of our customers." For the planning and implementation of the furnace, the HAI Group is relying on Hertwich Engineering GmbH from Braunau in Upper Austria. The new plant will...
The world primary aluminium production continued to decrease in September 2021 by 3.20 per cent month-on-month to stand at 5.508 million tonnes, found the International Aluminium Institute. In August 2021, the output was 5.690 million tonnes, down by 0.75 per cent from 5.733 million tonnes in July. However, on a year-on-year calculation, the world production in September stood 1.77 per cent higher from 5.412 million tonnes. Total production in Q3 2021 (July-September) came in at 16.931 million tonnes, essentially unchanged from 16.922 million tonnes in Q2 2021 but 3.22 per cent more than 16.402 million tonnes a year ago. From January to September, the output totalled 50.639 million tonnes, 4.40 per cent higher than 48.504 million tonnes during the same period last year. The average daily...
Affin Hwang Capital informed that China's energy crisis, which is projected to last until 2022, would result in some profit margin erosion in Press Metal Aluminium Holdings Bhd's earnings. According to Affin Hwang Capital, raw material supply, including alumina, carbon anode, magnesium, and silicon metal, is likely to be under pressure in the next quarters, as China struggles with its energy shortages, causing manufacturing interruptions. Based on the report, the most energy-intensive businesses, such as cement, steel, and aluminium manufacturing, are anticipated to be the worst impacted by the power shortage. “Nevertheless, we believe the rise in raw material prices will be partially passed through to customers, mitigating the impact, while the resulting global supply shortage would...
On 20 th October 2021, the Secretary of the Mines Ministry, Govt. of India, Alok Tandon inaugurated the National Aluminium Company’s Lean Slurry Project at Angul, Odisha marking a notable milestone in the Indian state-owned integrated aluminium company’s journey for business supremacy and embracing outstanding practices in environmental management. Nalco released a statement that states the accomplishment of the Lean Slurry Project by Nalco will secure 100% utilisation of the ash produced at the company’s Captive Power Plant (CPP) and marks a remarkable move in its obligation towards environment-friendly and sustainable operations. The Chairman-cum-Managing Director (CMD) of Nalco, Sridhar Patra chaperoned Alok Tandon, visited the aluminium smelter and Captive Power Plant of Nalco at...
Three-month LME aluminium closed at US$3,097 per tonne, down 0.19 percent or US$6 per tonne. On Wednesday, October 20, both LME aluminium cash (bid) price and LME aluminium official settlement price moved down by US$111 or by 3.49 percent to total at US$3,064.50 per tonne and US$3,065 per tonne. 3-month bid price and 3-month offer price scored at US$3,074 per tonne and US$3,076 per tonne. December 22 bid price settled at US$2,963 per tonne and the offer price for the same day closed at US$2,968 per tonne. LME aluminium opening stock for October 20 was found to be 1098300 tonnes. Live warrants for the same day totalled at 625250 tonnes and cancelled warrants settled at 473050 tonnes. LME aluminium 3-month Asian Reference Price for Wednesday, October 20, stood at US$3034.63 per tonne. SHFE...
The average alumina spot price in China has continued to rise by RMB 14 per tonne to reach RMB 4,105 per tonne on Thursday, October 21, found the Shanghai Metals Market. Except in Guangxi, the alumina price in Henan and Shanxi has increased by RMB 15 per tonne to stand at RMB 4,135 per tonne. The price in Shandong has also gained RMB 15 per tonne but to settle at RMB 4,110 per tonne on October 21. In Guangxi, the domestic alumina price has remained restrained at RMB 3,890 per tonne. Also, the Australian alumina FOB price has remained muted at US$480 per tonne. Aluminium fluoride price has jumped by RMB 500 per tonne to come in at RMB 10,500 per tonne on October 21. The average prices are expected to range between RMB 10,000 per tonne and RMB 11,000 per tonne. China’s imported bauxite...
The expeditiously growing group, Modular Group Investments Limited (MGI) that emphasised acquiring businesses around the off-site manufacturing sector has accomplished another acquisition this year with the procurement of the entire share capital of a 35-year-old aluminium fenestration business based in Barton-upon-Humber North Lincolnshire, Barton Windows Limited. The newest acquisition pursues to diversify MGI’s client base and counted potential synergistic value to the group, although also complementing MGI’s existing aluminium product portfolio of cladding and decking branded ‘Euralite’ that was rolled out in the previous month. MGI’s legality of the acquisition was advised by Hempsons, while the transaction concluded on 14 th October 2021. Michael Garratt, Founder & CEO at MGI said:...
The voice of the aluminium industry in Europe, European Aluminium appreciates aluminium’s unique and permanent properties, as aluminium has been on a steady growth path since large-scale industrial aluminium production started in 1886. The metal aluminium is now the fastest-growing metal and the second most used metal in the world. The 1981 born, European Aluminium supported the growth of the European aluminium industry and to observe its 40 th anniversary, the association launched a micro-site, magazine and academic paper charting the development of the aluminium industry in Europe and the extraordinary rise of aluminium as a vital enabler of a more sustainable society. Gerd Götz, Director General of European Aluminium said: “Since the birth of European Aluminium in 1981, the association...
