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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According to the US Geological Survey (USGS), Canada imported 21,100 tonnes of plates, sheets, and bars from the United States in July 2021, showing a month-on-month reduction of 3400 tonnes or 13.87 percent. In June 2021, 24,500 tonnes of plates, sheets, and bars were exported to Canada, a decrease of 1.20 percent from 24,800 tonnes in May 2021. On a year-on-year calculation, plates, sheets and bars exported to Canada in July 2021 surged by 5,500 tonnes or by 20.67 percent from 26,600 tonnes. From January to July 2021, the exported plates, sheets and bars to Canada surged 9,000 tonnes or by 5.35 percent on a year-on-year calculation to close at 177,000 tonnes. For the same period last year, the amount of plates, sheets and bars imported to Canada was recorded at 168,000 tonnes. As per...
India’s largest producer of aluminium Vedanta revealed that its total aluminium production escalated 21% to 570,000 tonnes in Q2 FY22 compared with 473,000 tonnes in Q2 FY21. Vedanta has world-class aluminium smelters with power plants in Jharsuguda, Odisha and at BALCO in Chhattisgarh. The smelter at Jharsuguda is the world’s largest, ex-China. The aluminium production at Vedanta’s smelters in Jharsuguda and BALCO was higher by 4% as compared to Q1 FY22 mainly due to the up-gradation of pots. Anil Agarwal, Chairman of Vedanta: “Currently, we are manufacturing 2.2 million tonnes of aluminium and will be manufacturing 3 million tonnes in the recent future at the lowest cost.” In regards to Vedanta’s role in investment, the Chairman said: “In the coming days, we will be investing $20...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices with effect from Tuesday, October 5, following a cut of over 1.5 per cent on Friday, October 1. Over the weekend, Hindalco’s aluminium ingot price has gained INR 3,000 per tonne to come in at INR 247,500 per tonne, in contrast to INR 244,500 per tonne. Hindalco’s aluminium wire rod price has also built up by INR 3,000 per tonne to stand at INR 258,600 per tonne. On October 1, the price stood at INR 255,600 per tonne, declining by INR 4,500 per tonne from the previous day. The company is currently selling its aluminium billets at INR 254,600 per tonne, compared to INR 251,600 per tonne in the previous week. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the...
The regional power in North Africa Algeria's economy is influenced by its export trade in petroleum and natural gas, despite fluctuations in world prices, which annually contribute roughly one-third of the country's gross domestic product (GDP). The economy is expected to recover partially in 2021 from the health and economic crises caused by the COVID-19 pandemic. The creeping movement of vaccination suggests that some containment measures could remain in place in the country until 2022. The North African nation Algeria recorded 20,136 tonnes of aluminium cans importation during 2018-20 and the revenue counted for the import accounted for $118.03 million. In 2018, Algeria’s import of aluminium cans was registered at 3654 tonnes and the expenditure occurred was $23.54 million, whereas, in...
According to the US Geological Survey data for July 2021, the United States exported 45,600 tonnes of aluminium scrap to Malaysia. That was down by 2,000 tonnes or 4.20 per cent month-on-month from 47,600 tonnes. In May 2021, the exports to Malaysia stood at 42,000 tonnes, meaning the exports in June increased by 5,600 tonnes or 13.33 per cent from the previous month. On a year-on-year calculation, the United States aluminium scrap exports to Malaysia in July 2021 recorded a fall as well by 6.75 per cent from 48,900 tonnes. In the first seven months of 2021, the United States exported 282,000 tonnes of aluminium scrap to Malaysia, an increase of 31.78 per cent from 214,000 tonnes during the same period last year. Following Malaysia, India and South Korea were the next two leading...
Vedanta Limited on Monday announced that the alumina production in Lanjigarh refinery increased by 11 percent to close at 511,000 tonnes in the second quarter of FY2022. "The Lanjigarh refinery produced 511,000 tonnes of alumina in Q2 FY22, 6 per cent higher as compared to Q1 FY22 and 11 per cent higher as compared to Q2 FY21," stated company in a filing to the BSE. Compared to the Q2 FY22, the cast metal aluminium production, including trial at the Jharsuguda and BALCO for the second quarter of FY22 soared up by 21 percent to stand at 570,000 tonnes. For the first half of FY22, the alumina production surged by 6 percent on a Y-o-Y basis to settle at 993,000 tonnes. The production of aluminium during H1 FY22 moved up by 19 percent to stand at 1.118 million tonnes. "We continue to engage...
Alcoa Corporation, the United States' largest aluminium producer, no more lags behind in taking a pledge to curb greenhouse gas emissions and reduce environmental impact. Like many other companies, Alcoa has also reportedly set a goal to be carbon neutral, and the timeline is 2050. As per the report, Alcoa will cut 30 per cent of direct and indirect emissions known as Scope 1 and Scope 2 from aluminium smelting and alumina refining operations by 2025 and decrease 50 per cent by 2030 from 2015 levels. Alcoa’s primary intention is to increase the use of renewable energy and expand low-carbon assets. Alcoa’s Chief Executive Officer Roy Harvey said, “This new endeavor is an extension of our ongoing efforts to reach a decarbonization pathway. We have been recognized for our environmental...
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 the UAE or Saudi Arabia. Vedanta is a leading producer of Aluminium & Power, Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore and Steel. The Anil Agarwal led company is one of the key partners of the Indian Pavilion at Expo 2020 and is ambitious to showcase “India’s capabilities” over the next six months. Sunil Duggal, Vedanta’s CEO and Director spotlighted UAE and the wider region as a promising hub for minerals and trade by saying: “We’re keen to talk to companies such as Ma’aden and Emirates Global Aluminium (EGA), to discuss collaborative opportunities.” “We’re...
Leichtmetall Aluminium Giesserei Hannover GmbH has joined Aluminium Stewardship Initiative (ASI) as the new Production and Transformation member. After joining, the total number of members in ASI will become 197. Leichtmetall Aluminium Giesserei Hannover GmbH is known for discovering continuous casting in 1920, which went on to become the world standard in wrought alloys. They produce high-strength aluminium alloys for the aviation industry, aerospace industry, for vehicles and power plant. Their main aim is to produce top quality aluminium by conserving resources and making the process more energy efficient. Leichtmetall Aluminium Giesserei Hannover GmbH is a pioneer in technology with a team of creative innovators who believe in both theoretical and practical application. For them,...
On Monday, October 4, the Aluminium Stewardship Initiative announced the joining of the Shanghai Aluminum Industry Association to ASI as a new Associations Member, which brought the total number of ASI members to 198. The foundation of the Shanghai Aluminum Industry Association dates back to 1989. Shanghai and Yangtze River Delta Economic Zone engaged in aluminum, aluminum products, aluminum smelting production enterprises and aluminum industry chain of equipment, trade, scientific research and other relevant enterprises and institutions voluntarily established this association. It is a cross-sector, trans-ownership and non-profit industry organization, with nearly 400 member companies at present. The Shanghai Aluminum Industry Association is known for being committed to the services...
LME aluminium benchmark price increased by 0.83 percent on Monday, October 4. Both LME aluminium cash (bid) price and LME aluminium official settlement price elevated by US$24 or by 0.83 percent to close at US$2,888 per tonne and US$2,889 per tonne. 3-month bid price and 3-month offer price closed at US$2,908 per tonne and US$2,910 per tonne. December 22 bid price was recorded at US$2,790 per tonne and the offer price for the same day was found out to be US$2,795 per tonne. LME aluminium opening stock for October 4 settled at 1218775 tonnes. Live warrants were recorded at 642750 and the cancelled warrant stood at 576025. LME aluminium 3-month Asian Reference Price for Monday, October 4 closed at 2876.77. SHFE Aluminium Price Trend The Shanghai Metal Market will be closed from October 1 to...
On 1st October 2021, BAGR Berliner Aluminiumwerk GmbH, which is operating a melting and casting plant for secondary aluminium in a traditional industrial area in the north of Berlin since 1997, announces a change in their management board. Mustafa Güngör, the well-established Managing Director of BAGR will be retiring from the organization on 31st October 2021. The company has appointed Oleg Hoffmann as the new Managing Director commencing from 1st October 2021. The veteran engineer Mustafa Güngör's professional career is inseparably linked to the history of aluminium production in Berlin. Güngör having already worked as a quality engineer and plant manager under the former operator of the site, after the takeover by BAGR he delivered outstanding services in that same function to realign...
The Iranian Ministry of Industry, Mining and Trade revealed that nation’s alumina powder production has dropped down by 6% as compared to the five-month production in the last year. Iran has produced around 96, 400 tons of alumina powder during the first five months of the current Iranian calendar year (March 21 – August 22). Aluminum oxide or more commonly known as alumina is an inert, odourless, white amorphous material used in industrial ceramics. Considered as one of the most important material in the ceramics industry, it’s usage range from construction materials, as catalysts, abrasive, as well for filling materials. For the plants and mechanical engineering, alumina ceramics are used mainly for wear and corrosion protection. The application range and the alumina powder quality are...
The second-largest country in Europe after Russia, Ukraine has a mixed economic system with limited private freedom, blended with centralized economic planning and government regulation. Ukraine’s economy is all set to rebound to growth in 2021, as reported by the European Bank for Reconstruction and Development (EBRD). The Bank further forecasted that the country’s gross domestic product (GDP) to rise 3.5% on the year in both 2021 and 2022. However, the major risk to its forecasts is the country’s decelerated progress on reform and vaccination. Ukraine, a nation well-developed with an industrial base exported 6376 tonnes of aluminium household articles during 2018-20 and the revenue generated from the export accounted for $29.48 million. In the Eastern European nation, Ukraine reported...
Hindalco Industries Limited decreased its aluminium products prices with effect from Friday, October 1, a day after it increased the prices on September 30. The latest cut has brought the company’s aluminium billets price to INR 251,600 per tonne, down by INR 4,500 per tonne or 1.76 per cent from INR 256,100 per tonne on September 30. Hindalco’s aluminium wire rod price also declined by INR 4,500 per tonne to come in at INR 255,600 per tonne on October 1, in comparison with INR 260,100 per tonne on September 30. The company is currently selling its aluminium ingot at INR 244,500 per tonne in contrast to the selling price of INR 249,000 per tonne on September 30. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on...
The Aluminium Stewardship Initiative has announced the joining of alimex GmBH Precision to ASI as a Production & Transformation member. This brings the total number of ASI Members to 196. alimex, the inventor of the cast-plate, produces aluminium cast plates which surpass the highest market standards. They also produce aluminium components using German precision expertise. Together with customers, they plan and develop innovative solutions for the most important industries of the future. As a value creation partner for all industries, alimex considers itself to be a “sparring partner” for the best solutions relating to aluminium. Dr Philip Grothe, CEO of alimex, said: “As a globally active, independent family-owned company that has been providing its partners with precise Aluminum...
The opposition party of the West African nation, Ghana, National Democratic Congress (NDC) national communication officer, Sammy Gyamfi has criticised the Sinohydro deal that is instituted to elucidate Ghana’s road infrastructure disputes, as a grand failure. On 2nd October 2021, during a live event Sammy commented: “The deal was built around a barter arrangement, which will see the government pay for the $2 billion with processed bauxite, however, the country has not been able to fulfil its end of the bargain.” Gyamfi further added: “The government has been able to access only $100 million dollars for some of the road projects which represent 5% of the total amount.” “Some of us are not surprised that the much-touted Sinohydro deal has turned out to be a total fiasco. It has turned out...
On 30 th September, Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Chairman of Board of Directors at Aluminium Bahrain B.S.C. (Alba) went for a field visit to the Alba Power Station 3 and 5 control rooms. It was his first visit to the Alba Power Station 3 and 5 control room since the dawn of Covid-19 pandemic. He was accompanied by other notable officials from the company including Ali Al Baqali the Chief Executive Officer and Amin Sultan the Chief Power Officer. Aluminium Bahrain B.S.C. is one of the largest aluminium smelter in the work and is capable of producing more than 1.548 million tonnes of aluminium smelter per annum (mtpa) (2020). The company is listed both on the Bahrain Bourse and London Stock Exchange. Out of the 3,665 MW build-in-capacity of the Alba power plant, it uses...
