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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Primary aluminium production in Africa stood at 137,000 tonnes in August 2021, which reflected an increase of 2,000 tonnes or 1.48 per cent for the second month in a row from 135,000 tonnes in July, according to the International Aluminium Institute. In June 2021, Africa produced 130,000 tonnes of primary aluminium, meaning the output in July registered a hike of 5,000 tonnes or 3.85 per cent month-on-month. On a year-on-year calculation, Africa’s primary aluminium production also stood 2,000 tonnes higher at 137,000 tonnes, found IAI. In the first eight months of 2021, Africa’s primary aluminium production totalled 1.053 million tonnes, down by 1.96 per cent from 1.074 million tonnes during the same period last year. World’s primary aluminium production in August 2021 came in at 5.699...
The Cameroon government agency, the National Institute of Statistics published a report which revealed that the country exported 14,925 tonnes of aluminium in H1-2021 compared to the 22,869 tonnes exported in 2020 during the same period. This shows a year-on-year decline of 34.70%. One of the main reasons for the decline of aluminium export by Cameroon was due to the financial trouble which ALUCAM was countering, while it is the only producer of aluminium in the CEMAC region. The economic activities in Cameroon are gaining momentum after the negative impact of the pandemic on the local and international business, but ALUCAM’s operations are still under the negative radar. The decline in the number of productions for Cameroon for H1-2021 was more prominent than what they witnessed in 2020,...
The economic freedom score of Finland is 76.1, making its economy the 17th freest in the 2021 Index. Finland’s overall score has increased by 0.4 points, majorly due to improvement in the government spending score. The Finnish economy continues to reap its results from high levels of economic freedom. The third most prosperous country in the world, Finland exported 23,886 tonnes of aluminium cans during 2018-20 and the revenue generated from the export counted to $89.02 million. Finland exported 4295 tonnes of aluminium cans in 2018 and the earnings generated from the export was $16.18 million, whereas, in 2019 the export unveiled a sharp growth of 144.61%, as the export volume escalated to 10,506 tonnes and the earnings also leapt to $36.98 million. In 2020, Finland recorded 9085 tonnes...
Rusal, a leading global aluminium producer, is mastering the production of aluminium cast pipes together with Lipetsk Pipe Company Svobodny Sokol. The quality of pipes is comparable to products made from conventional materials. The casting technology which Rusal uses makes it possible to produce pipes of up to 1 metre diameter and a length of up to 6 metres for the needs of housing and utility services, oil and gas production, as well as fire extinguishing. In the near future, Rusal plans to test its new high-strength alloy for housing and utility services, which will expectedly provide the same mechanical strength characteristics as steel and cast-iron pipes. The weight of aluminium pipes is three times lesser than cast iron analogues, owing to which, they are easy and cost-effective to...
The Indian aluminium producers have urged Coal India Ltd for immediate resumption of coal supplies to the metal industry as they are countering an extreme dearth of thermal coal that has initiated to impede their operations for the production of aluminium. On 21st September 2021, the Aluminium Association of India (AAI) in a communication to the Chairman of Coal India said: “The state-run coal miner’s ad-hoc decision for stopping/drastically curtailing coal supplies and rakes for the non-power sector (NRS) is pushing the aluminium sector into a coal crunch situation for their captive power plants (CPPs).” The production of aluminium is a constant process-deployed highly power-intensive industry, where coal reckons for around 40% cost of aluminium production. AAI further added: “Aluminium...
LME aluminium opened at US$2,866 per tonne on Tuesday morning and fell due to the strengthening of the US dollar, and closed at US$2,848 per tonne, down US$13 per tonne or 0.45 percent. Open interest fell 932 lots to 261,000 lots, and trading volume was 285,000 lots. On Tuesday, September 21, LME aluminium cash (bid) price inched by US$17 or by 0.59 percent to stand at US$2,863.50 per tonne. The LME official settlement price also surged by US$17 or by 0.59 percent to close at US$2,864 per tonne. 3-month bid price and 3-month offer price closed at US$2,878 per tonne and US$2,878.50 per tonne. December 22 bid price settled at US$2,728 per tonne and the offer price for the same stood at US$2,733. LME aluminium opening stock for September 21 was recorded at 1315975 tonnes. Live warrants...
According to the Shanghai Metals Market, Aluminium alloy (A356) price has resumed after the Mid-Autumn Festivals holiday with a surge of RMB 1,000 per tonne to exceed RMB 26,000 per tonne on September 22. As per the data, the price is standing at a new high of RMB 26,050 per tonne, with average prices likely to range between RMB 26,000-26,100 per tonne. On the other hand, aluminium alloys (ADC12) price and aluminium alloy (A380) price have remained restrained at RMB 23,650 per tonne and RMB 24,850 per tonne, respectively. A00 aluminium ingot price has also recorded an increase after the 4-day holiday. According to SMM, primary aluminium ingot price has climbed by RMB 80 per tonne to come in at RMB 22,820 per tonne. The average prices are expected to range between RMB 22,800 per tonne and...
The leading aluminium producer Alcoa Corporation has tooled up on a project to restart an idled aluminium smelter in Brazil following the hike in aluminium prices to a 13-year high and Chinese output reduction. On 20th September 2021, the Pittsburgh headquartered aluminium producer and its partner South32 Ltd. will expend around $75 million, including approx. $10 million in capital expenditures to restart Alumar in north-eastern Brazil said in a statement. The fully retrenched aluminium smelter since 2015 is set to deliver its first molten metal in Q2 2022. In May, the decision was pronounced as a possibility due to the constant price rally of aluminium and also the gradual rise in demand for aluminium from cars to cans stirred the metal price nearly double over the last 18 months. The...
The aluminium packaging recycling company Alupro has made public the appointment of Hannah Lombard, as the new Digital Market Executive. Hannah will be working with the Alupro team to inform, educate, and also update the public about the importance and circular properties of aluminium packaging. The year remained quite very successful for Alupro as the Kerbside recycling rates were the highest despite the Covid-19 situation going around in the world. Hannah’s responsibility will be to take control of the organisation's digital communications channels and also provide them with new ideas to involve more with the packaging industry, customers, and the households. According to Tom Giddings, the General Manager at Alupro, “At Alupro, we work to fulfil the industry’s obligation to meet and...
Russian aluminium giant Rusal will reportedly spell out terms for the restart of bauxite shipments in Guinea after the completion of the probe into a collision of two freight trains and the restoration of railroad tracks. The news came after a spokesperson reported this to TASS. The official said the probe has already been started, with company’s representatives providing necessary assistance to the relevant agencies in Guinea. According to TASS report, the official said: "At present a probe has been launched into the incident, the company’s representatives are providing all necessary assistance to the relevant agencies in Guinea. The terms of resumption of shipments can be defined after the probe into the train collision is completed and the railroad tracks are restored." On Monday,...
The global mining giant Rio Tinto has contracted EDL, the developer of world-class wind and solar projects across Australia, to expand an existing solar installation at its Weipa bauxite mines in Queensland by adding 4 MW solar power generating capacity and 4 MW/4 MWh of battery storage. The renewable energy project developer EDL will build, own and operate the new facilities, with plans to accomplish them by late 2022. It also owns and operates the existing 1.6-MW solar farm at Weipa that was concluded in 2015. Michelle Elvy, General Manager for Rio Tinto Aluminium Pacific Bauxite Operations, said: “The new solar farm and battery storage at Weipa will help us lower our carbon footprint and diesel use in a reliable way.” “The original Weipa solar farm was the largest solar facility at an...
Budweiser Brewing Group, the UK arm of AB InBev along with three other leading aluminium companies has come together to launch a can using the lowest carbon footprint for Budweiser Brewing Group, the UK arm of AB InBev. The three companies are RUSAL the largest producer of low carbon aluminium in the world, ELVAL one of the leading aluminium rolling company and CANPACK the global manufacturer of aluminium beverage cans. The initiative will lead to the production of around 5 million cans with the lowest carbon content for Budweiser. The cans will be 440ml and will be produced using the latest inert anode aluminium technology. This technology works by using renewable electricity. The 440ml cans will come with the lowest ever carbon content for the AB InBev group in Europe and is expected to...
According to a recent report, Anil Agarwal-led Vedanta Limited’s investment proposal worth INR 1,240 crore to expand the capacity of an aluminium smelter in Jharsuguda has been rebuffed by an expert panel of the Union ministry of environment, forests and climate change (MoEF&CC). This proposal, which originally aimed at increasing the production capacity from 16 MTPA to 18 MTPA, was earlier accepted by the Naveen Patnaik government. In June 2008, Vedanta received a nod from the then-United Progressive Alliance government for setting up the 16 MTPA smelter. The ministry has now rejected the expansion proposal on the grounds that the smelter has been violating the terms and conditions imposed upon Vedanta in lieu of the green clearance given to it 13 years ago. In addition, the committee...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices with effect from Tuesday, September 21, after several hikes since September 8. The company has cut its aluminium ingot price by INR 5,000 per tonne to INR 242,000 per tonne on September 21. On September 18, the price was at INR 247,000 per tonne after gaining INR 3,250 per tonne from the previous day. Hindalco’s aluminium wire rod price also saw a decrease of INR 5,000 per tonne from INR 258,100 per tonne on September 18 to INR 253,100 per tonne on September 21. Hindalco’s aluminium billets price came in at INR 249,100 per tonne compared to INR 254,100 per tonne on September 18. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium...
General Sherman, the largest tree in the world is being covered with a huge aluminium sheet to protect it from the dangerous wildfire in the jungles of California. Located in the giant forest of Sequoia National Park in Tulare County, in the U.S. state of California General Sherman also known as the Giant Sequoia or Sierran redwood belongs to the redwood species which is endemic to California’s Sierra Nevada Mountains. The Giant Sequoia is one of the largest trees in the world with an average height of about 80 metres, with the trunk measuring around 7 to 8 metres in diameter. Around 2,000 species of the General Sherman tree can be found in the National Park. The ragging wildlife has made the park officials worried about the protection of the largest tree in the world. The largest tree in...
The Finance Minister of Cyprus, Constantinos Petrides in August 2021 stated that the economy is anticipated to grow by more than 5.5% in 2021, as preliminary estimates showed a 12.90% year-on-year growth in the second quarter of the year. The minister further added that the Q2 rate was markedly better than expected, signalling higher full-year growth than forecast. The island nation in the eastern Mediterranean Sea, Cyprus imported 7034 tonnes of aluminium bar rods and profiles during 2018-20 and the expenditure occurred for the import accounted for $23.48 million. In 2018, Cyprus imported 1226 tonnes of aluminium bar rods and profiles and the expenditure counted was $4.31 million, whereas, in 2019, the import saw an enterprising growth of 143.14% and the expenditure also climbed to $9.83...
According to the International Aluminium Institute, world primary aluminium production in August 2021 amounted to 5.699 million tonnes, a decrease of 0.60 per cent from 5.733 million tonnes in July 2021. But on a year-on-year basis, the output in August stood 3.15 per cent higher than 5.525 million tonnes. During January-August, world’s total primary aluminium production came in at 45.140 million tonnes, up by 4.75 per cent from 43.092 million tonnes during the same period last year. International Aluminium Institute also showed daily average aluminium production in August 2021 stood at 183,800 tonnes, down by 0.59 per cent from 184,900 tonnes in line with the decrease in monthly output. On a yearly basis, daily production in August stood 3.14 per cent higher than 178,200 tonnes. China,...
Rio Tinto’s Tiwai Point aluminium smelter in New Zealand has appointed Chris Blenkiron, as the new chief executive officer and general manager nearly three years before the smelter is due for shut down. On 21st September 2021, the company announced that the newly appointed CEO will begin his role in early 2022. The former CEO Stew Hamilton declared his resignation in May 2021 and left the organisation in July to grab a new opportunity at electricity company Mercury. Dan van der Westhuizen, Acting Managing Director, Rio Tinto Pacific Operations said: “Chris has demonstrated a strong people-focused approach to delivering business outcomes and I believe he is the right fit to lead the excellent team at Tiwai.” Presently, Chris working as the President of the prefabricated steel shed company...
