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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The world’s leading manufacturer in flat-rolled aluminium (FRP), Assan Aluminyum, a subsidiary of Kibar Holding, has settled plans to invest further in sustainable expansions through a sequence of investments worth over $95 million from 2021 through 2024. However, with the accomplishment of the expansion of the project, Assan Alüminyum is expected to have the largest continuous casting capacity in Europe and America. Global climate change, exhausting resources and extensive social inequalities is developing a critical future for the human race. Hence, corporate sustainability gains importance at a faster pace than ever. Assan Alüminyum eyes on sustainability as one of its fundamental values with the awareness and walk on the steps of the Aluminium Stewardship Initiative (ASI) framework to...
National Aluminium Company Limited has significantly increased its aluminium ingot and aluminium products prices, in line with a new leap of LME aluminium benchmark price. With effect from Friday, October 15, NALCO’s aluminium ingot price came in at INR 271,850-275,350 per tonne, up by INR 24,300 per tonne or 9.8 per cent from INR 247,550- 251,050 per tonne on October 7. NALCO’s aluminium products prices have also seen a surge of INR 24,300 per tonne, with effect from October 15. That brought the company’s aluminium wire rod price to INR 274,350-278,700 per tonne, in comparison with INR 250,050- 254,400 per tonne a week ago. Aluminium billets price has amounted to INR 275,300-277,950 per tonne from INR 251,000- 253,650 per tonne on October 7. NALCO links its aluminium ingot and aluminium...
Kazakhstan being a member nation of the Eurasian Economic Union (EAEU) has a mixed economic system that includes a variety of private freedom, amalgamated with centralized economic planning and government regulation. The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms, however, the currency saw a drastic depreciation between 2013 and 2016. The central Asian country and the former Soviet republic, Kazakhstan imported 4756 tonnes of aluminium foil during 2018-20 and the foreign revenue expended for the import accounted for $18.62 million. In 2018, Kazakhstan imported 504 tonnes of aluminium foil with revenue expenditure counted to $2.50 million, whereas, in 2019, the domestic demand shoot up by 274.20%, as the import volume grew to 1886 tonnes and...
Hindalco Industries Limited has sharply increased its aluminium products prices with effect from Friday, October 15. The company’s aluminium wire rod price has seen a surge of INR 5,750 per tonne to come in at INR 285,600 per tonne. On October 14, the price stood at INR 279,850 per tonne, up by INR 2,250 per tonne from INR 277,600 per tonne. Hindalco’s aluminium billets price has also witnessed a hike of INR 5,750 per tonne from INR 279,350 per tonne to INR 285,100 per tonne, with effect from October 15. Hindalco Industries’ aluminium ingot price has mounted to INR 274,500 per tonne in comparison with INR 268,750 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...
A00 aluminium ingot price in China has touched a new milestone by exceeding RMB 24,000 per tonne, found the Shanghai Metals Market. On Monday, October 18, the price has jumped by RMB 450 per tonne to come in at RMB 24,100 per tonne. The average prices are expected to range between RMB 24,080 per tonne and RMB 24,120 per tonne, with spot contract to be traded at a premium price of RMB 100-60 per tonne. In Foshan, primary aluminium ingot price has also increased by RMB 450 per tonne to stand at RMB 24,100 per tonne, followed by the surge of RMB 430 per tonne in Gongyi to RMB 23,920 per tonne. In Tianjin and Linyi, A00 aluminium ingot price has climbed by RMB 410 per tonne and RMB 380 per tonne to come in at RMB 24,050 per tonne and RMB 24,020 per tonne, while the price in Wuxi and Chongqing...
On 17th September 2021, the Indian state-run coal exploitation and refining company, Coal India Limited (CIL) explicated that supply of the dry fossil 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. The CIL official added: “We are regulating supply to meet the sudden jump in demand of coal from the power sector but have not stopped it to non-power consumers. Our daily supplies are more than 2 lakh tonnes to non-power industries against the normal supply of around 3 lakh tonnes.” The Indian manufacturers from various sectors proclaimed...
According to the third-quarter results of 2021 (ended on September 30) released by Rio Tinto, the company’s bauxite production stood at 13.967 million tonnes, up by 2 per cent quarter-on-quarter but down by 3 per cent on the year due to equipment reliability issues and overruns on planned shutdowns at our Pacific operations.. From January to September, Rio Tinto’s total bauxite production amounted to 41.231 million tonnes, 4 per cent lower than a year ago. Bauxite third party shipments increased year-on-year by 6 per cent to 10.091 million tonnes in Q3 2021 but remained essentially unchanged than the previous quarter. In nine months, Rio’s bauxite shipments totalled 28.608 million tonnes, down by 5 per cent from the same period last year. Rio Tinto Chief Executive Jakob Stausholm, said:...
Three-month LME aluminium opened at US$3,127 per tonne last Friday and closed at US$3,175 per tonne, up 1.15 percent. LME aluminium cash (bid) price moved up by US$10.5 or by 0.33 percent to score at US$3,162 per tonne. LME aluminium official settlement price for the same day ascended by US$11 or by 0.34 percent to settle at US$3,163 per tonne. 3-month bid price and 3-month offer price was recorded at US$3,185 per tonne and US$3,158.50 per tonne. December 22 bid price closed at US$3,013 per tonne and the offer price for the same day settled at US$3,018 per tonne. LME aluminium opening stock for October 15 settled at 1118325 tonnes. Live warrants for the same day closed at 625750 tonnes and cancelled warrants settled at 492575 tonnes. LME aluminium 3-month Asian Reference Price for Friday,...
On 15 th October, the aluminium products producer China Zhongwang Holdings Co. stated that it had been alerted of acute distress at two subsidiary companies following the Chinese prices for the silvery shining metal attained a 15-year record high. Liaoyang Zhongwang Superior Aluminium Fabrication Co and Liaoning Zhongwang Group Co are countering trouble owing to substantial losses and business oppression, as per the statement Zhongwang delivered to the Hong Kong stock exchange, without any further clarification. The world second-largest and Asia’s biggest producer of aluminium extrusions are broadly consumed in multiple sectors like transport, construction and electronics industries. Zhongwang is the world's second-biggest manufacturer of aluminium extrusions widely used in the transport,...
The global aluminium downstream market essentially remained muted this week except a few important updates. For instance, European Aluminium Association has strongly opposed the 9-month suspension of definitive anti-dumping duties on Chinese aluminium flat-rolled products. European Aluminium is reportedly ready to follow all available avenues to combat the unjustified suspension of the long-overdue trade defence measures. According to the association, the suspension of duties will have a devastating impact on the EU aluminium value chain, even beyond the suspension period. Tens of thousands of EU jobs and EU investments into decarbonisation and recycling will be at risk. To know more:...
In the first nine months of 2021, the AMAG group set new revenue and earnings records. The key reasons for this were consistent production results, increased export quantities, and a competitive aluminium pricing. AMAG is a major Austrian premium provider of high-quality aluminium cast and flat rolled products for a wide range of sectors, including aerospace, automotive, sporting goods, lighting, mechanical engineering, construction, and packaging. “After a difficult year 2020, we have been able to cope with the challenges in connection with the rapid recovery since the beginning of the year and have achieved a very positive result. Aluminium production in Canada contributes significantly to that. At our Ranshofen site, we successfully met high demand from various industries and at the...
On 11th October 2021, the London Metal Exchange witnessed the surge of aluminium price as it crossed the $3000 per tonne mark, the highest since July 2008. The mounting pressure on the aluminium sector indicated, as the global metals world prepared to gather in London for the annual LME Week. However, for now, it is also predicted that in the next 12 months prices could hit $3400 per tonne. The stock price of India’s integrated aluminium company Nalco observed a flight of 7% after the data revealed that ace Indian market expert Rakesh Jhunjhunwala acquired a 1.36% stake. Hongqiao’s Chairman Zhang Bo said that they have rolled back the relocation idea due to power restrictions, while 1 million tonnes of capacity had started in Wenshan last year. On 11th October 2021, Hilde Merete Aasheim,...
The Pietermaritzburg, South Africa based company that specialises in rolled aluminium products for precision and high technology applications, Hulamin’s stock prices climbed to a 25% rise in the morning trade of 14 th October 2021, following the metal company issued a cautionary that it has set foot in discussions. On 13 th October 2021, the share price surged to a high of R3.99 after closing at R3.19. The company exemplified: “Shareholders are advised that the company has entered into discussions which, if successfully concluded, may have a material effect on the price of the company’s securities.” Consequently, the shareholders of the company were advised to exercise caution while dealing in the Hulamin’s securities. The supplier of a significant proportion of the world's ultra-high-end...
According to the Shanghai Metals Market, aluminium billet inventories in China increased by 7,400 tonnes week-on-week across five major consumption areas. Thus, the inventories stood at 184,400 tonnes on Thursday, October 14. Stock gains in Foshan and Nanchang primarily contributed to the increase in aluminium billet inventories this week. The purchase trend was largely on rigid demand as the downstream market was mostly following wait-and-see. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium billet inventories grew by 4,800 tonnes this week to come in at 99,400 tonnes. In Nanchang, inventories gained 3,500 tonnes to stand at 27,500 tonnes, while stocks in Wuxi and Changzhou inched up by 690 tonnes and 400...
The LME aluminium benchmark price opened the week on Monday, October 11, at a new milestone of US$3,020 per tonne, a sharp increase of US$118 per tonne from the previous day. The price continued to grow throughout the week to end at US$3,163 per tonne on Friday, October 15. During October 12-14, the LME aluminium price trended up from US$3,052 per tonne to US$3,152 per tonne. 3-month bid price and 3-month offer price jumped from US$3,033 per tonne and US$3,034 per tonne on Monday to US$3,185 per tonne on Friday, October 15. December 22 bid price and December 22 offer price climbed from US$2,903 per tonne and US$2,908 per tonne to US$3,013 per tonne and US$3,018 per tonne. LME aluminium opening stock decreased from 1150225 tonnes to 1118325 tonnes through the week. SHFE Aluminium Price...
The West African nation that recently faced a political crisis, Guinean’s mining sector has attracted $6.2 billion of investments in the span of five years which signifies 2015-2020. Hence it kept the nation’s economy resilient amid the epidemic Ebola and Covid-19 pandemic. Out of the $25 billion of outstanding investments commitments, $6.4 billion has already been invested in the sector, of which 97% or $ 6.2 billion USD during the above said period alone. According to Boké Mining Company (SMB), the investment figures comprise several mining operations and the accomplishment of crucial works in the mining sector during the five-year phase. The project of the Santou-Dapilon railway that appended to a set of investments made between Boffa and Boffé amounted to $3 billion. The investments...
The shares of the Govt. of India equity hold majority enterprise, National Aluminium Company Ltd (NALCO) has aroused by approximately 7% following its shareholding pattern data for September quarter revealed an expert investor Rakesh Jhunjhunwala stake. The Government of India holds 51.28% in Nalco, with public shareholding comprising the rest. As per the data of the September quarter, the Indian business magnate and investor, who manages his own portfolio as a partner in his asset management firm, Rare Enterprises Rakesh Jhunjhunwala has acquired a 1.36% stake or 25 million in Nalco. Notwithstanding, the buying price of the Nalco stake by Jhunjhunwala and the date of the purchase are yet to be disclosed. The brokerage firm JP Morgan has elevated the integrated aluminium company to...
Dubal Holding, the investment arm of Investment Corporation of Dubai (ICD), announced Ahmad Hamad Bin Fahad as the new Chief Executive Officer of the company. Saaed Mohammed Al Tayer, the chairman of Dubal Holding, stated that Ahmad Hamad Bin Fahad’s appointment as the CEO was based on his effectiveness in promoting the interest and success of the company. Bin Fahad is a seasoned international investor with over two decades of experience. His experience includes JV structures, business development, mergers and acquisitions among other things. Before joining Dubal Holding, Ahmad Hamad Bin Fahad he worked at Etisalat International Investment, Istihmar World Ventures and Millennium Finance Corporation. Apart from this, he is also the vice-chairman of Dubai Waste Management Centre Project,...
