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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Scarcity of aluminium foil, along with the increase in its price, may cause shortage of many important medications, since their production has become unprofitable. The pricing of 680 scheduled medication formulations are regulated by the National Pharmaceutical Pricing Authority. The wholesale price index is used to update prices once a year. “With the price of aluminium foil increasing by 25 to 30 per cent over the last three months, manufacturing of several drugs has become unviable. Several scheduled drugs may become unavailable, if the situation is not brought under control,” said SL Singla, adviser, Himachal Drug Manufacturers Association. Aluminium foil has been in limited supply for the past 5-6 months among the pharmaceutical makers. “There has been an increase of Rs 60 in the...
The economy of South Korea has a mixed economic system that constitutes a variety of private freedom, blended with centralized economic planning and government regulation. Innovation and technology are the vital constituents that have braced South Korean export competitiveness and propelled the country's excellent economic rise over the past decades. The East Asian nation, South Korea exported 2164 tonnes of aluminium containers during 2019-20, which are very much used in the food and hospitality industry and the revenue incurred from the export of containers accounted for $8.96 million. In 2019, South Korea exported only 147 tonnes of aluminium containers and the revenue generation development counted to $47,870 million, whereas, in 2020, the export saw enterprising growth by 1272%, as...
On 19 th October 2021, the President of Indonesia, Joko Widodo stated the country is planning to put brakes on the export of all crucial raw commodities in an attempt to entice investment in onshore resource processing and job creation. The world’s largest island nation, Indonesia has banned a number of crude ore exports including nickel, tin and copper in a bid to vitalize downstream industries, comprising the manufacturing of batteries for EV and the aluminium industry. Presently, the Indonesian government is conducting a feasibility study for the downstream of other commodities with a long-term vision of no longer just selling just raw materials, the President said in the village of Bebatu on Borneo Island. The President added: “A new policy would hopefully emerge next year. Don’t be...
The Aluminium Association of India (AAI) on Tuesday, October 20, informed that India's aluminium makers are taking costlier electricity from the national grid, adding to pressure on utilities with limited coal stock, as state-run Coal India has curtailed supply. Due to a severe shortfall across the nation, state-run Coal India has imposed temporary supply restrictions on non-power users, including the energy-intensive aluminium industry, forcing manufacturers to use the grid. Aluminium producers in India, such as Hindalco Industries Ltd and Vedanta Ltd rely heavily on power supplied by captive utilities, which are not connected to the national grid and where firms generate electricity for their own use. The Aluminium Associates of India (AAI) estimates that the aluminium production may...
Three-month LME aluminium closed at US$3,170 per tonne, down 0.16 percent. LME aluminium cash (bid) price descended by US$3.5 or by 0.11 percent to close at US$3,175.50 per tonne. LME aluminium official settlement price decreased by US$4 or by 0.12 percent to total at US$3,176 per tonne. 3-month bid price and 3-month offer price was recorded at US$3,194 per tonne and US$3,195 per tonne. December 22 bid price stood at US$3,048 per tonne and the offer price for the same day was found to be US$3,053 per tonne. LME aluminium opening stock for October 19 closed at 1103275 tonnes. Live warrants for the same day settled at 625250 tonnes and cancelled warrants closed at 478025 tonnes. LME aluminium 3-month Asian Reference Price for Tuesday, October 19, totalled at US$3204.64 per tonne. SHFE...
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. This partnership with Rio Tinto allows UAQC to build up its position and also that of the region among the world leaders in aluminium research and development. According to Mohamed Bouazara, UQAC's Vice-Rector, Research, Creation, and Innovation: "A partnership like this guarantees a certain stability in the development of our aluminium research and helps maintain cutting-edge...
After hiking for the last three days exceeding RMB 24,000 per tonne, A00 aluminium ingot price in China has recorded a sharp fall of RMB 1,120 per tonne to come at the level of RMB 23,000 per tonne. According to the Shanghai Metals Market data, A00 aluminium ingot price has settled at RMB 23,120 per tonne on Wednesday, October 20. The average prices are expected to range between RMB 23,100 per tonne and RMB 23,140 per tonne, with spot contract to be traded at a premium price of RMB 160-120 per tonne. In Linyi and Tianjin, primary aluminium ingot price has decreased by RMB 1,150 per tonne and RMB 1,140 per tonne to stand at RMB 23,000 per tonne and RMB 23,050 per tonne, respectively. In Foshan and Wuxi, the price has plunged by RMB 1,130 per tonne and RMB 1,125 per tonne to peg at RMB...
The Chairman and Managing Director of the National Aluminium Company Limited (NALCO), Sridhar Patra expects that the demand for aluminium to expand by 5% - 6%. On 18 th October 2021, the aluminium stocks picked up as the world aluminium market witnessed a huge upsurge supported by the statement from the world's eighth-largest aluminium producer, Alcoa. The American multinational corporation, Alcoa was up 15% proceeding to its numbers, so on 18 th October 2021 aluminium stocks were a major point of discussion. Furthermore, global investment bank and financial services firm Credit Suisse has also stated that it remains most bullish on aluminium from the base metals pack. Sridhar Patra, Nalco CMD said: “With the curtailment of production by the majors (like China and European Union) and...
According to the data released by the National Bureau of Statistics, China, the world’s top producer of aluminium, churned out 3.08 million tonnes of primary aluminium. That was down by 2.4 per cent from 3.155 million tonnes a month ago and 2.1 per cent year-on-year, marking the fifth consecutive month of downfall caused by ongoing electricity shortages. Several Chinese regions imposed restrictions on power usage this year for energy-intensive industries, including aluminium, to ease tight electricity supply and meet energy consumption targets. The output in September was at its lowest monthly level since June 2020, showed NBS. On a daily basis, the production in September was at 102,667 tonnes per day, which was, however, an increase of 0.88 per cent from 101,770 tonnes a month ago. BMO...
According to the US Geological Survey (USGS), the United States imported 5,880 tonnes of crude metals and alloys from Qatar in July 2021, flaunting a month-on-month increase of 2,070 tonnes or 54.33 percent. In June 2021, 3,810 tonnes of aluminium crude metals and alloys were imported from Qatar, a decline of 53.87 percent from 8,260 tonnes in May 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Qatar in July 2021, moved up by 2,330 tonnes or by 39.62 percent from 3,550 tonnes. From January to July 2021, the imported aluminium crude metals and alloys by the United States were recorded at 40,500. For the same period last year, the amount exported by Qatar stood at 40,500 tonnes. According to the data shared by the United States Geological Survey, the...
The economy of Mozambique is a combination of both traditional and market economic systems. The export of primary aluminium is one of the major exports of the country among other commodities with Mozal Aluminium is the sole aluminium producer. The Southern African nation, Mozambique exported 3731 tonnes of aluminium scrap during 2018-20 and the earnings incurred from the scrap metal accounted for $7.26 million. Mozambique’s export of aluminium scrap in 2018 was recorded at 257 tonnes and the earnings from the export counted to $1.63 million, whereas, in 2019, the export is illustrated by an express growth of 369.26%, as the export volume escalated to 1206 tonnes and the earnings grew to only $1.87 million. In 2020, the aluminium scrap export further registered a growth of 88.05%, as the...
According to the data shared by the General Administration of Customs on Monday, October 18, China’s aluminium imports rose 2.2 per cent month-on-month to stand at 252,921 tonnes in September 2021. That included both primary and unwrought, alloyed aluminium. In August 2021, China imported 247,547 tonnes of aluminium. Curbs on domestic aluminium production due to tight electricity supply in China increased the demand for overseas metal, resulting in a rise in imports. However, on a year-on-year calculation, the imports in September were down by 28.9 per cent, showed the data. China imported record volumes of aluminium in 2020 because of the rapid recovery in Chinese demand after the coronavirus outbreak opened up the arbitrage window for cheaper metal to flow in from overseas. Also,...
On Monday, October 18, Novelis Inc., one of the leading producers of rolling aluminum and the global leader in beverage can recycling announced that they will invest US$130 million in their Oswego, New York operations to fulfil growing customer demand for sustainable aluminum flat rolled products. This project will enable Novelis to ascend their hot mill capacity at the factory, which services the can, automotive, and specialty products industries, by 124,000 metric tonnes, as well as improve automotive sheet finishing capabilities. Novelis is the world's biggest supplier of aluminum automotive sheet, which is used to construct structural components and exterior body panels in over 225 vehicle types manufactured by leading automakers around the world. Novelis aluminum is developed to...
Hindalco Industries Limited has continued to increase its aluminium products prices, in line with the continuous rise in LME aluminium benchmark price. With effect from Tuesday, October 19, Hindalco’s aluminium billets price stood at INR 287,600 per tonne, up by INR 2,500 per tonne from INR 285,100 per tonne on October 15. Hindalco’s aluminium wire rod price has also witnessed a hike of INR 2,500 per tonne on October 19 to stand at INR 288,100 per tonne. The latest increase in Hindalco’s aluminium prices has brought the company’s aluminium ingot price to INR 277,000 per tonne, compared to INR 274,500 per tonne on October 15. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which...
According to reports, the Government of India informed the state of Andhra Pradesh that it has no involvement in the international arbitration brought by the Ras-Al-Khaimah Investment Authority (RAKIA) over the cancellation of a Bauxite supply deal between Andhra Pradesh Mineral Development Corporation (APDMC) and ANRAK Aluminium Limited. The Centre, which is also a party in the arbitration petition, is said to have chastised the State administration for withdrawing the arrangement without alerting the Centre while the matter is being heard in a London court. Based on a MoU signed with the Andhra Pradesh Mineral Development Corporation (APMDC) for bauxite mining, Ras Al-Khaimah Investment Authority (RAKIA) and the Penna Group collaborated to build an alumina refinery in Makavarapalem in...
The aluminium industry is countering the dearth of raw materials for the production of the metal that is utilized in vehicle manufacturing and building supplies sends an alert for distress in supply that has propelled US prices to an all-time peak. 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. Matalco stated in a letter to customers: “Difficult-to-source supplies of other raw materials and soaring natural gas prices are adding to the challenges.” The largest primary aluminium producer of the US, Alcoa expressed their disquiet about magnesium shortage, as they observed so-called force majeure declarations by some suppliers. The Force majeure clause...
A00 aluminium ingot price in China has extended its growth for the third day in a row to reach RMB 24,240 per tonne on October 19. According to the Shanghai Metals Market, the price has grown by RMB 140 per tonne. The average prices are expected to range between RMB 24,220 per tonne and RMB 24,260 per tonne, with spot contract likely to be traded at a premium price of RMB 140-100 per tonne. In Tianjin and Linyi, A00 aluminium ingot price has hiked by RMB 180 per tonne to stand at RMB 22,800 per tonne. The price in Gongyi has also increased by RMB 180 per tonne to come in at RMB 22,660 per tonne. In Shenyang and Chongqing, primary aluminium ingot price has increased by RMB 155 per tonne and RMB 145 per tonne, respectively to close at RMB 24,190 per tonne, while the price in Foshan and...
Three-month LME aluminium closed at US$3,170 per tonne, down 0.16 percent. On Monday, October 18, both LME aluminium cash (bid) price and LME aluminium official settlement price increased by US$17 or by 0.53 percent to settle at US$3,179 per tonne and US$3,180 per tonne. 3-month bid price and 3-month offer price settled at US$3,198 per tonne and US$3,200 per tonne. December 22 bid price was recorded at US$3,040 per tonne and the offer price for the same day totalled at US$3,045 per tonne. LME aluminium opening stock for October 18 settled at 1111525 tonnes. Live warrants for the same day totalled at 625250 tonnes and cancelled warrants stood at 486275 tonnes. LME aluminium 3-month Asian Reference Price for Monday, October 18, totalled at US$3220.88 per tonne. SHFE Aluminium Price Trend On...
