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
1. Introduction: Industry 4.0 is a general concept of technological and organizational transformation of enterprises, which includes, among others digitization and automation of technological processes. One of the key branches for the development of the world economy is the production of aluminum, which consists of a number of stages, including heat treatment carried out with the use of industrial furnaces. SECO / WARWICK Company has developed modern tools dedicated for Vortex® furnace line, which fit into the Industry 4.0 concept and are aimed at increasing the efficiency and safety of production, as well as care for the quality of the processed product. In VORTEX® furnaces, intermediate or final heat treatment of load in the form of sheets or foil coils made of aluminum and its alloys...
Hindalco Industries Limited continued to expand its aluminium ingot and aluminium products prices for the third time in a row, with effect from Friday, October 8. Hindalco is presently selling its aluminium ingot at INR 253,750 per tonne, which is an increase of INR 3,000 per tonne or 1.20 per cent from INR 250,750 per tonne on October 6. Among aluminium products, Hindalco’s aluminium wire rod price has also seen a raise of INR 3,000 per tonne from INR 261,850 per tonne to INR 264,850 per tonne on October 8. But the company’s aluminium billets price has witnessed a jump of INR 6,500 per tonne to INR 264,350 per tonne. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which increased on...
According to the documents revealed under the Official Information Act, New Zealand, Rio Tinto and ministers’ discussion varied the global metal giant’s proposal to shut down the Tiwai Point aluminium smelter in 2024. In January 2021, Rio Tinto majority-owned aluminium smelter declared that it would functionalize NZAS until the end of 2024, following thumping down Meridian Energy on the price it pays for power supply. However, the documents disclosed under the OIA delivers a clear image that the date for shutting down New Zealand’s only aluminium smelter that accommodates around 800 staff and contractors is not yet ‘final’. On 6th May, Ivan Vella, Global of Aluminium for Rio Tinto met the Finance Minister of New Zealand Grant Robertson, Energy Minister Megan Woods and Environment Minister...
On Thursday, October 7, a public hearing was held at Dharada village located under Koraput’s Lakshmipur tehsil. The public hearing was organised by the Odisha State Pollution Control Board (OPSCB) for the establishment of Hindalco’s 3 million tonne capacity alumina refinery and 150 MW capacity power plant in Kansariguda. Hindalco Industries Limited is the world’s largest aluminium rolling company and is also a leading primary aluminium producer in Asia. In the hearing the villagers demanded for better compensation package, employment and healthcare. One of the members of the legislative assembly who was present at the event stated that the locals must be given the top priority in employment opportunities. Not only this, they should also ensure improved healthcare facility for the locals,...
Scanty stockpiles of coal in India have reportedly put aluminium producers into a critical situation. As rightly described by India’s apex industry body, the Federation of Indian Mineral Industries (FIMI), the situation is like aluminium producers are “swimming in a rough ocean”. This has been one of the top news in the global primary aluminium industry this week. To know more: https://www.alcircle.com/news/coal-stockpiles-for-only-one-to-two-days-aluminium-production-to-slash-fimi-70573 Aside this, a key development in the industry has also gained our attention. The world's leading diversified natural resource company, Vedanta with its headquarters in Mumbai is desirous to explore business augmentation opportunities in the Middle East region, comprising establishing a regional base in...
Novelis, one of the leading producers of flat-rolled aluminum products and the world's largest aluminum recycler, has joined hands with HyNet low carbon clusters. Novelis is one of the 24 major employers in the North West to work together with HyNet. Apart from this, other industries like the automotive sector, food, glass, ceramics, and paper. The Novelis plant was built in 1991 at Latchfors Lockw and is considered as one of the leading aluminum recycler in the world. They have the capacity to recycle almost every aluminium cans sold in the United Kingdom, which is equivalent to around 117,000 tonnes every year. HyNet decarbonisation cluster is located across the Liverpool City Region, Greater Manchester Combined Authority areas and also in places like Wrexham, Cheshire, Warrington, and...
According to a recent report, the Trade Remedies Authority (TRA) of the United Kingdom will review aluminium road wheels imports from the People’s Republic of China. The objective is to evaluate whether anti-dumping duties are required to countervail imports to the UK or whether the domestic aluminium road wheels industry would be injured without the duties. TRA will reportedly review the wheels which are used on motor vehicles and often called ‘alloy wheels’. As the name suggests, the wheels are made from an alloy of mainly aluminium with a small amount of other metals or silicone to increase durability. The investigation will cover the wheels imported between July 1, 2020, and June 30, 2021. In order to assess injury, the non-departmental public body will examine the imports of July 1,...
The economic freedom score of the Netherlands is 76.8, driving its economy the 16th freest in the 2021 Index. The country has a mixed economic system that comprises a variety of private freedom, fused with centralized economic planning and government regulation. The advanced transportation infrastructure navigates the country to become such a mammoth economic player. The world’s 10 th best nation, Netherlands recorded 1.03 million tonnes of aluminium scrap during 2018-20 and the revenue generated from the export accounted for $1.01 billion. In 2018, Netherlands exported 119,320 tonnes of aluminium scrap and the earnings counted from the export was $123.51 million, whereas, in 2019, the export observed a revolutionary growth of 284.71%, as the export volume surged to 459,043 tonnes and the...
According to India’s apex industry body, the Federation of Indian Mineral Industries (FIMI), the drastic coal crisis in India has developed a situation like “swimming in a rough ocean” for the aluminium producers as the reserve of the fossil fuel sink to a scathing level. B.K. Bhatia, Additional Secretary General, FIMI said: “Most aluminium factories, which have their power generation plants, have stockpiles for only one to two days. While aluminium output hasn’t been affected so far, there may be production cuts by the end of the month if coal supplies don’t recover.” The Aluminium Association of India stated that the stiffening supplies of coal have tripped a power emergency in India as around 70% of the country’s electricity is fossil-fuel-fired. A load-shedding for more than two hours...
Vetroplas Packaging Limited, a supplier of high-quality cosmetics packaging to the UK, is offering new aluminium bottles to personal care sectors, developed with fully-integrated in-line silk screen printing technology. The new technology, which can be used alongside the existing offset printing, has been invented by Vetroplas’ Spanish manufacturing partner Envases. It incorporates the use of haptic inks to provide tactile effects, with parts of a design raised above the flat surface of the bottles. According to Vetroplas, the in-line hot foil stamping technology used in the process enhances artwork possibilities including the opportunity to offer foil in a range of colours as well as more conventional silver and gold. Vetroplas managing director Simon Dix said: “The Vetroplas/Envases...
Vedanta Aluminium, one of the largest producers of aluminium and value added products in India grabbed the “Best in Future of Digital Infrastructure,” award at the IDC Digital Transformation (DX) Summit India and Future Enterprise Awards 2021. The esteemed IDC Future Enterprise Awards celebrate the tech-enabled resilience of enterprises as they march themselves through the challenges and disruptions involved in the ever-changing digital world. Vedanta Aluminium won the award in the ‘Best in Future of Digital Infrastructure’ category for their Wi-Fi 6 and Digital Smelter project. Vedanta Aluminium is India’s first and world’s third aluminium smelter to start the digital-twin based Digital Smelter technology at Jharsuguda plant. The Jharsuguda plant is the largest single location aluminium...
National Aluminium Company Limited has increased its aluminium ingot and aluminium products prices with effect from Thursday, October 7, following a decline of INR 1,400 per tonne on October 1. NALCO’s aluminium ingot price is now standing at INR 247,550- 251,050 per tonne, up by INR 2,600 per tonne from INR 244,950-248,450 per tonne on the previous day. NALCO’s aluminium wire rod price has also witnessed a hike of INR 2,600 per tonne from INR 247,450-251,800 on October 1 to INR 250,050- 254,400 per tonne on October 7. Aluminium billets price is settled at INR 251,000- 253,650 per tonne, compared to INR 248,400-251,050 per tonne a week ago. NALCO links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which grew by...
Three-month LME aluminium opened at US$2,900 per tonne yesterday and closed at US$2,942 per tonne, up US$45 per tonne or 1.55 percent. LME aluminium cash (bid) price increased by US$36.5 or by 1.26 percent to score at US$2,915.50 per tonne. LME aluminium official settlement price surged by US$36 or by 1.25 percent to settle at US$2,916 per tonne. 3-month bid price and 3-month offer price was recorded at US$2,928 per tonne and US$2,929 per tonne. December 22 bid price scored at US$2,815 per tonne and the offer price was recorded at US$2,820 per tonne. LME aluminium opening stock for October 7 closed at 1188575 tonnes. Live warrants for the same day were recorded at 638425 and cancelled warrant stood at 550150. LME aluminium 3-month Asian Reference Price for Thursday, October 7 settled at...
Primary aluminium input costs, right from alumina to aluminium fluoride, have resumed the market after a week-long National Day Holiday with steep growth across China on Friday, October 8, found the Shanghai Metals Market. According to SMM data, the average alumina spot price has increased by RMB 64 per tonne to stand at RMB 3,884 per tonne. In Shanxi and Shandong, alumina price has climbed by RMB 100 per tonne and RMB 75 per tonne to peg at RMB 3,900 per tonne and RMB 3,875 per tonne, respectively. In Henan, the price has grown by RMB 50 per tonne to come in at RMB 3,900 per tonne. Prebaked anode price in the east has jumped by RMB 390 per tonne to settle at RMB 5,620 per tonne on October 8, with average prices expected to range between RMB 5,040 per tonne and RMB 6,200 per tonne. In...
The only leading Bangladesh company backed with Korean technology, Nialco Alloy plans to build two new facilities to manufacture finished products to expand its business. The company is the only one to be listed on the SME platform of the Chattogram Stock Exchange. Nialco Alloys is a 100% export-oriented company that mainly manufactures high-grade bronze and brass ingots including Phosphorus Bronze, Leaded Bronze, Aluminium Bronze, Manganese Bronze, Sand Cast Brass (SCB), High Tensile Brass (HTB), Die Cast Brass (DCB), Master Alloys, etc. An official of Nialco Alloys stated: “The company will invest more than Tk 2 crore (2 crores Bangladeshi taka) in the new plants – an aluminium product manufacturing and an aluminium-zinc recycling plant and the project cost will come from the bank...
Hong Leong Investment Bank Bhd (HLIB) has shown confidence about Press Metal Aluminium Bhd’s earnings prospects in the next 12-18 months. The bank anticipates that the Malaysia aluminium extrusion manufacturer and traders’ earnings to be buoyed by the bullish LME aluminium benchmark price trend over the next one year or more. Also, the general recovery of the aluminium market post-pandemic across most countries is expected to contribute to Press Metal’s earnings. According to Hong Leong, the world at large is likely to enter into an aluminium deficit during FY2022-23, resulting in demand outstripping supply globally. This may ultimately lead to a drop in inventory in the LME, lifting aluminium spot prices. Press Metal’s Phase 3 Samalaju expansion project is also expected to be a vital...
The economy of Bosnia and Herzegovina has a transitional with limited market reforms. It is heavily dependent on the export of metals, energy, textiles, and furniture as well as on remittances and foreign aid. However, the European Bank for Reconstruction and Development (EBRD) stated in June that it predicts Bosnia and Herzegovina's gross domestic product (GDP) to rise by 3.5% in 2021 before the growth slows down to 3% in 2022. The nation on the Balkan Peninsula in South-Eastern Europe, Bosnia and Herzegovina exported 50,116 tonnes of aluminium bar rods and profiles during 2018-20 and the revenue generated from the export counted to $143.62 million. In 2018, Bosnia and Herzegovina exported 6628 tonnes of aluminium bar rods and profiles and the earnings accounted from the export was...
On Wednesday, Guinea’s military junta named Mohamed Beavogui as the new prime minister. A former civil servant and an expert in agricultural finance, as a prime minister he will preside over the promised transition of back to the democratic rule after a September coup. Apart from serving as a civil servant, Mohamed Beavogui also worked at the Compagnie des Bauxites de Guinee (CBG), one of the leading producers of Bauxite in Guinea and also the largest in the world. The Guinean government owns 49 percent of the company, and 51 percent is owned by Halco Mining Inc. He also worked at the U.N. Food and Agriculture Organisation, served as the director general at African Risk Capacity, which is an African Union agency known for helping governments plan for natural disaster. Mohamed Beavogui is...
