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 economy of Panama is primarily dependent on the services sector, which shoulders the maximum majority of its GDP and accounts for most of its foreign revenue. As per the data, it is driven that in 2020, agriculture contributed around 2.74% to the GDP of Panama, 23.6% came from the industry and 71.01% from the services sector. The country’s United States dollar-based economy has been propelled by the Panama Canal’s ambitious 2016 expansion and other public infrastructure improvement projects. The nation famous for the human engineering that slits through its middle, linking the Atlantic and Pacific oceans to create an essential shipping route, Panama exported 6727 tonnes of aluminium cans incurring revenue of $31.92 million during 2019-20. In 2019, the import recorded export of 4233...
Rusal, the Russian aluminium giant and the world’s largest aluminium producer outside China, has reportedly planned to supply 300,000-400,000 tonnes of metal to China in 2021. Compared to the year last, the volume has remained essentially the same. Roman Andryushin, the company's head of sales in Russia, the CIS, and China, said that Rusal would significantly increase the sales to China next year. China is the world’s largest aluminium producer and usually has little demand for overseas supplies. But due to the recovery in domestic demand after the COVID-19 pandemic in comparison with production, China had to import a considerable amount of aluminium last year. Andryushin also noted that Rusal’s total production of aluminium would increase to around 4.3 million tonnes in 2022 due to the...
Environment Southland is spearheading a project to determine the extent and effect of pollution at Tiwai Point, which involves analysing the complete site investigation (DSI) report shared by New Zealand Aluminium Smelters. The DSI study, which details the pollutants discovered at the Tiwai Point aluminium smelter, is an important part of Environment Southland's efforts. According to Rob Phillips, the chief executive of Environment Southland, the DSI report was received by the council in August 2021. Since then, EHS Support, the council's environmental experts, has been analysing the data and will present their findings in late October. "This report is an important part of our broader work programme to determine the extent of contamination at the site. We know there will be further...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium grew this week by 25,000 tonnes across eight major consumption areas, including SHFE warrants. On Thursday, October 14, inventories stood at 887,000 tonnes, primarily contributed by arrivals in Wuxi and Nanhai. Last week, on October 7, the inventories were settled at 862,000 tonnes, gaining 47,000 tonnes week-on-week. The chart below indicates the current status of primary aluminium inventories across China in more detail: In Wuxi, primary aluminium inventories have sharply increased by 13,000 tonnes week-on-week to come in at 296,000 tonnes. In Nanhai, the inventories have climbed by 6,000 tonnes to 268,000 tonnes, and that in Gongyi have grown by 3,000 tonnes to 72,000 tonnes. In Shanghai, Tianjin,...
The apex body representing the entire spectrum of the Indian Aluminium Industry, the Aluminium Association of India’s President Rahul Sharma emphasized the drastic impact of coal dearth that has developed on industries. Accordingly, the fossil fuel counts for around 40% of the production cost which he stated in his letter to Coal India Ltd. (CIL). He also added that the MSME sector is steering towards a risk factor of closure and lay-offs, as the facilities are compelled to functionalize with highly slashed power. V.K. Agarwal, Managing Director of Shashi Cables Ltd. exploring this matter to another level commented: “Small units are the real sufferers not solely because of power shortage but there are other prominent issues as well, for which we will be liaising with the concerned...
Three-month LME aluminium opened at US$3,055 per tonne on Thursday morning and ranged between US$3,028-3,174 per tonne before closing at US$3,139 per tonne, up US$84 per tonne or 2.75 percent. On Thursday, October 14, LME aluminium cash (bid) price climbed up by US$76.5 or by 2.48 percent to settle at US$3,151.50 per tonne. LME aluminium official settlement price for the same day soared up by US$76 or by 2.47 percent to close at US$3,152 per tonne. 3-month bid price and 3-month offer price was recorded at US$3,171 per tonne and US$3,172 per tonne. December 22 bid price stood at US$3,002 per tonne and the offer price for the same day closed at US$3,007 per tonne. LME aluminium opening stock for October 14 was recorded at 1126550 tonnes. Live warrants for the same day settled at 629250...
The Aluminium Stewardship Initiative has certified Novelis’ Voerde and Koblenz sites in Germany against Provisional Performance Standard Certification for remelting, casting, and rolling activities. Novelis Europe has expanded its Chain of Custody scope to include these sites, which means that all of Novelis’ European production facilities are now certified to both ASI standards certifications. The independent third-party audits of the Novelis sites were carried out by SZI GmbH. The audits were undertaken as a desktop exercise with a remote view of relevant documents. Fiona Solomon, Chief Executive Officer at ASI, said: “We congratulate Novelis on achieving Europe-wide ASI Performance Standard and Chain of Custody Standard Certifications, a further demonstration of the company’s strong...
A00 aluminium ingot price in China has soared by RMB 420 per tonne to close the week at RMB 23,650 per tonne on October 15, found the Shanghai Metals Market. The average prices are expected to range between RMB 23,630 per tonne and RMB 23,670 per tonne, with spot contract to be traded at a premium price of RMB 30-70 per tonne. In Wuxi, primary aluminium ingot price has grown the highest by RMB 515 per tonne to stand at RMB 23,765 per tonne, followed by the hike of RMB 490 per tonne in Hangzhou to also close at RMB 23,765 per tonne. In Shenyang and Chongqing, A00 aluminium ingot price has surged by RMB 480 per tonne and RMB 475 per tonne to peg at RMB 23,730 per tonne and RMB 23,715 per tonne, respectively. Aluminium alloy (A356) price has also soared by RMB 400 per tonne to stand at RMB...
On 14 th October 2021, the Chairman of Shandong Nanshan Aluminium Co, Lu Zhengfeng stated that in 2021, the Chinese aluminium processors experience diminishing profits anticipated to mounting metal prices. The metal aluminium that is utilised in making of beverage cans to aeroplanes, witnessed a surge of over 50% as of now this year on the ground of robust demand and production curbs due to a severe power crisis and flooding in China, global master of aluminium production. Lu Zhengfeng said: “Aluminium prices have jumped significantly (and) increasing freight charges, price spreads and exchange rates are all having a big impact on processors.” On 13 th October 2021, the profusely traded November aluminium contract on the Shanghai Futures Exchange surged to its towering point since 2006...
The Forest of Dean District Council has launched an educational campaign to boost aluminium foil collection and recycling rates. The scheme, which is being carried out in collaboration with the Aluminium Packaging Recycling Organisation (Alupro) and the European Aluminium Foil Association (EAFA), will see card hangers installed on 37,000 waste bins around the area. The programme attempts to boost aluminium packaging recycling rates by reminding homeowners which foil packaging products may be recycled and which would contaminate local collections. The hangers also describe how to prepare aluminium foil for recycling, in addition to providing best practise recommendations. “While local residents are confident about recycling most types of metal packaging, we’ve recently introduced foil...
The coup in Guinea, a country rich in bauxite, in early September sparked market fears about a shortage of raw materials. Due to the dual control of energy use and the steep rise in coal costs, coupled with power rationing measures, the domestic power supply is tightening. The most actively traded SHFE aluminium contract reached a new high of RMB 24,000 per tonne. In late September, the funds fled the market, and downstream manufacturers were subjected to power rationing rules. Consumption was subdued, and aluminium contracts on the SHFE were adjusted. On September 30, the most actively traded SHFE aluminium futures ended at RMB 22,405 per tonne, up 10.54% from the previous month. At the same time, in September, the Fed continued to implement its liquidity easing strategy, Guinea suffered...
As a member nation of the European Union, Slovenia has a mixed economic system in which the country is considerably involved in centralized planning, but there is private sector freedom. Slovenia with an advanced high-income economy is considered a developed state and ranks very high in the Human Development Index. The central European nation, Slovenia with GDP highly supported by industries like ferrous metallurgy and aluminium products, lead and zinc smelting, etc. The country exported 359,390 tonnes of alumina during 2018-20 and the earnings incurred from the export accounted for $187.16 million. In 2018, Slovenia registered 68,780 tonnes of alumina and the earnings counted to $36.18 million, whereas, in 2019 the export revealed a notable growth by 120.13%, as the export demand surged...
On 14th October 2021, the institution that caters for the needs of the Indian Aluminium Industry, the Aluminium Association of India (AAI) pleaded to the Indian government-owned coal mining and refining corporation, Coal India Limited (CIL) for prompt resumption of coal supplies for the domestic aluminium industry stating that the ongoing severe crisis of the fossil fuel due to several factors has developed insecure circumstances. The statement has emerged at a situation when multiple power plants in the nation are encountering a scarcity of coal. The AAI in its letter to Pramod Agrawal, Chairman of CIL said: “Despite untiring efforts of MoC (Ministry of Coal) and CIL (Coal India Ltd) to support the industry, the current acute coal crunch due to various factors has created an immensely...
Three-month LME aluminium opened at US$3,040 per tonne on Wednesday morning and ranged between US$2,996-3,118.5 per tonne before closing at US$3,055 per tonne a drop of US$11 per tonne or 0.36 percent. On Wednesday, October 13, LME aluminium cash (bid) price ascended by US$24 or by 0.78 percent to total at US$3,075 per tonne. For the same day, LME aluminium official settlement price also increased by US$24 or by 0.78 percent to settle at US$3,076 per tonne. 3-month bid price and 3-month offer price closed at US$3,088 per tonne and US$3,089 per tonne. December 22 bid price was recorded at US$2,928 per tonne and the offer price for the same day stood at US$2,933 per tonne. LME aluminium opening stock for October 13 settled at 1128500 tonnes. Live warrants for the same day closed at 637425...
According to the US Census Bureau, the United States imported 28,200 tonnes of aluminium crude metals and alloys from the United Arab Emirates in July 2021. That was sharply down by 8,500 tonnes or 23.16 per cent from 36,700 tonnes in June 2021. In May, the US imports stood at 32,800 tonnes, meaning the imports in June recorded a month-on-month rise of 3,900 tonnes in June. On a year-on-year calculation, the United States aluminium crude metals and alloys imports from the UAE in July 2021 edged a significant rise of 284 per cent from 7,350 tonnes. From January to July, the United States’ aluminium crude metals and alloys imports from the UAE totalled 206,000 tonnes, up by 11.35 per cent from 185,000 tonnes during the corresponding period last year. The United States total aluminium crude...
According to the Shanghai Metals Market, A00 aluminium ingot price in China has slipped by RMB 70 per tonne on Thursday, October 14, to come in at RMB 23,230 per tonne. The average prices are expected to range between RMB 23,210 per tonne and RMB 23,250 per tonne, with spot contract to be traded at a premium price of RMB 0-40 per tonne. Except for Tianjin and Linyi, the decrease in primary aluminium price has touched upon all the major cities in China. Both in Tianjin and Linyi, A00 aluminium ingot price has declined by RMB 180 per tonne to stand at RMB 22,800 per tonne. Wuxi has seen the sharpest fall of RMB 320 per tonne to stand at RMB 23,250 per tonne, followed by the plunge of RMB 305 per tonne in Hangzhou to come in at RMB 23,275 per tonne. In Foshan, A00 aluminium ingot price has...
Domestic aluminium scrap accounts for 89 percent of total secondary aluminium raw materials in China, indicating that secondary aluminium manufacturing has become increasingly self-sufficient. China's secondary aluminium manufacturing capacity has surpassed 14 million metric tonnes, accounting for around 30% of worldwide secondary aluminium output. It has also surpassed Japan as the world's top producer of secondary aluminium. The industry as a whole has been evolving in a more balanced manner. While large-scale recycling businesses have become a significant source of aluminium scrap, this indicates a rising industry concentration ratio. China's secondary aluminium output reached at 34.8 million per tonne during the "13th Five-Year Plan" period, reducing aluminium ore extraction by 139.2...
On 13th October 2021, the Chairman of the world's largest aluminium producer, China Hongqiao Group stated that the company is deferring the plan to reposition aluminium capacity to Yunnan province precisely for energy restrictions imposed by the provincial government. The Chinese aluminium giant, Hongqiao planned to relocate 2 million tonnes of capacity to Wenshan prefecture and 1 million tonnes to Honghe prefecture in Yunnan province, which is almost half of its 6.46 million tonnes authorised annual primary aluminium capacity for uncomplicated access to hydropower, a move towards green. Hongqiao’s Chairman Zhang Bo said that they have rolled back the relocation idea due to power restrictions. However, 1 million tonnes of capacity had started in Wenshan last year. He further added, “The...
