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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Nimir Industrial Chemicals Limited, an Oleo Chemicals and Chlor Alkali manufacturing company in Pakistan, has made an announcement to invest Rs1.25 billion to start an aluminium cans production facility. According to a bourse filling, “[The] board of Nimir approved an investment of Rs1.25 billion for setting up a production facility to manufacture various types of aluminum cans for aerosol products. This will be a backward integration to the company’s state –of-the-art aerosol filling plant; and an investment of Rs190 million for the installation of Sulphate Removal System at Chlor Alkali Plant to reduce the operating cost.” Nimir Chemicals is also known for producing hydrochloric acid, noodles, caustic soda, soap, glycerine, sodium hypochlorite, stearic acid and distilled fatty acid....
The social inventories of primary aluminium in China have built up by 15,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants, to stand at 766,000 tonnes as of September 16, found the Shanghai Metals Market. On the last Thursday, September 9, the inventories grew by only 2,000 tonnes to come in at 751,000 tonnes. This week, the rise in inventories has been primarily contributed by Wuxi, Nanhai, and Gongyi. The chart below indicates the current status of primary aluminium inventories across China in more detail: In Wuxi, primary aluminium inventories have increased by 7,000 tonnes on the week to come in at 237,000 tonnes, while inventories in Nanhai and Gongyi have grown by 6,000 tonnes to peg at 226,000 tonnes and 66,000 tonnes, respectively. Meanwhile, on...
The Scepter Group, a recognized leader in aluminum dross and scrap recycling, announced on Wednesday, September 15, that it signed a multi-year agreement with rolled products major Novelis to supply more than 200,000 tonnes of low carbon rolling slab with up to 95 per cent recycled content. The Scepter Group will produce the slab ingot at its facility at Waverly plant and supply to Novelis’ rolling mill in Oswego, New York, and its Logan Aluminum joint venture mill in Russellville, Kentucky. The latter will then roll and finish the ingot for its customers who manufacture aluminium beverage cans and food containers in the US, said Scepter CEO Gamey Scott in an interview with Platts. Scepter produces a wide range of recycled products at facilities in the United States, Canada, and Europe....
The economy of Switzerland grew by 1.8% in Q2 and stronger household consumption played a vital role as the easing of Covid-19 restrictions succoured reversed earlier declines. In June 2021, the Swiss government raised its economic growth. It expects that annual GDP growth will attain 3.6%, up from its 3% forecast in March 2021. However, Switzerland still counters a distressed fourth wave of Covid-19. The finance ministry has cautioned that further waves of the virus could develop significant risks to public finances and economic recovery. The Central European nation driven by the economy of manufacturing industry, Switzerland imported 2768 tonnes of aluminium stranded wire during 2019-20 and the revenue it expended for the import accounted for $8.60 million. The Swiss import of aluminium...
Hindalco Industries Limited has slightly increased its aluminium ingot and aluminium products prices with effect from Thursday, September 16, the next day after it sharply reduced its aluminium prices by INR 8,250 per tonne. As of September 16, Hindalco’s aluminium ingot price is standing at INR 243,750 per tonnes, up by INR 1,750 per tonne or 0.72 per cent from INR 242,000 per tonne on September 15. With the latest rise, Hindalco’s aluminium wire rod price has come in at INR 254,850 per tonne, also up by INR 1,750 per tonne from INR 253,100 per tonne. The company’s aluminium billets price has grown to INR 250,850 per tonne from INR 249,100 per tonne on September 15. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium...
Three-month LME aluminium opened at $2,831.5 per tonne on Wednesday morning and ranged between 2,829-2,924 per tonne before closing at $2,890 per tonne, an increase of $59 per tonne or 2.08 percent. Trading volume was 19,000 lots, and open interest decreased by 5,968 lots to 650,000 lots. On Wednesday September 15, LME aluminium cash (bid) price increased by US$20.5 or by 0.72 percent to come in at US$2,867 per tonne. The LME official settlement price also increased by US$21 or by 0.73 percent to come at US$2,868 per tonne. 3-month bid price and 3-month offer price settled at US$2,887.50 per tonne and US$2,888 per tonne. December 22 bid price stood at US$2758 per tonne, while the offer price for the same day settled at US$2,763. LME aluminium opening stock for September 15 stood at...
The primary source of aluminium production, bauxite gained its output by 1.2% in 2020, from the previous year to 371 million tonnes, as per the latest report by GlobalData. The London headquartered data analytics and consulting company GlobalData, a gold standard data provider to the world's largest industries stated that this growth was majorly braced by higher output from the second-largest producer of the world and leading exporter, Guinea with an estimated 25.1% surge. Simultaneously, GlobalData appended that bauxite production from the world’s largest producer, Australia dipped by 1.2% over the previous year. Global mining giant Rio Tinto ranked as the largest producer, with an output of 56.1 million tonnes in 2020, rise by 2% from 2019, largely due to the ramp-up from the CBG mine...
The average alumina spot price has continued to surge in China, fuelled by domestic production cut due to refineries shut down and raw materials supply disruption due to ongoing political unrest in Guinea. According to the Shanghai Metals Market, alumina price has jumped by RMB 154 per tonne to stand at RMB 3,607 per tonne on Thursday, September 16. In Shandong, the average alumina price has soared by RMB 175 per tonne to come in at RMB 3,625 per tonne, followed by a hike of RMB 150 per tonne in Guizhou and Guangxi to RMB 3,400 per tonne. In Henan and Shanxi, alumina price has climbed by RMB 145 per tonne to close at RMB 3,645 per tonne. Among other input costs, bauxite (4.5≤Al/Si＜5.5) price in Shanxi has grown by RMB 15 per tonne to settle at RMB 475 per tonne, while the price in Henan...
On 15th September 2021, the deputy minister from Saudi Arabia’s Ministry of Industry and Mineral Resources achieved to persuade that the Kingdom’s germinating mining sector stands as a cinch for future rewards. The mining affairs minister, Khalid Al-Mudaifer, attended the MINExpo International 2021 in Las Vegas, where he discussed opportunities for investors, explorers, miners, and other stakeholders. However, the Kingdom has already enticed major international investors into the mining sector, incorporating US firm Alcoa, which has a 25.10% stake in Ma'aden Bauxite and Alumina Company and the Ma'aden Aluminium Company as part of a $10.8 billion joint venture with Saudi miner Ma'aden, located in Ras al-Khair Industrial City in the eastern province. Minister Al-Mudaifer said: “Saudi Arabia...
India’s largest producer of aluminium and VAP, Vedanta has rolled out a safety mobile application called ‘V-Safe’ at its largest aluminium smelter in Jharsuguda, Odisha, to reinforce its safety culture. V-Safe is the newest digital mediation in a long line of technology-led addition that Vedanta Aluminium has deployed to fortify enhanced safety awareness and performance with the active participation of the workforce. Vedanta’s V–Safe mobile application is available for use by both organisation’s employees and business partners and it dispenses a resilient monitoring system along with graphical analytics to track safety performance across various functions. During the launch of the V–Safe App along with Rahul Sharma, Dy. CEO – Aluminium Business, Deepak Prasad, Dy. CEO – Vedanta Aluminium...
The continuous upsurge in aluminium prices and disorder in global bauxite supply has attracted investors keen towards integrated aluminium producers such as Hindalco. The diversified financial services company engaged in investment banking and capital markets, asset management and direct investing, Jefferies Indian analyst stated in their note that the fresh upturn in aluminium prices has geared up earnings outlook for Hindalco. They further added: “Any supply disruptions in bauxite due to political issues in Guinea will further benefit Hindalco as it has captive bauxite mines.” The prices of aluminium at the London Metal Exchange (LME) have kept gaining, while it reached a 13-year high of about $2950 a tonne recently. The political unrest in Guinea has delivered risk and anxiety to the...
The global leader in the production of low carbon aluminium, Rusal declared that its aluminium-scandium alloy has been included in the Russian Maritime Register of Shipping. An amendment issued by the classification society of the Russian Maritime Register of Shipping regarding the Rules for the classification and Construction of Sea-Going Ships, Rules for Technical Supervision for construction of ships and also for Manufacture of Materials and Products for ships. With the inclusion of changes mentioned above, RUSAL developed aluminium-scandium alloy (Al-Mg-Sc) will now find placed under the relevant section of rules and also under the requirements for welded joints. The properties of the semi-finished products obtained from the new alloy will help in minimizing the impact on the...
The National Bureau of Statistics showed on Wednesday, September 14, that China’s aluminium output in August fell for the fourth straight month, attributing to tight restrictions on metal production and power usage. As per the data, the world’s top aluminium producer churned out 3.16 million tonnes of primary aluminium in August, down 3.2 per cent from 3.263 million tonnes in July but up 0.4 per cent year-on-year. Many regions in China suffering from power shortages or under pressure to reduce carbon emissions ordered smelters to cut back production. A prefecture in the western Xinjiang region, a home to almost one-fifth of the country’s primary aluminium capacity, directed five major smelters last month to cut 10% monthly output levels for August-December. That brought total cuts in...
A Prince George County-based aluminum extrusions manufacturer has announced that it will expand its operations to meet the increasing demand of the customers. Service Center Metals, specialised in the sale and distribution of soft aluminum extrusions, is likely to invest $101.7 million for the expansion, which in turn will create around 94 new jobs. The announcement was made on Tuesday, September 14, by the company and the office of the governor. In order to carry out the expansion process, the company will be building two new facilities, namely aluminum extrusion plant and a remel plant. The aluminum extrusion plant will be 91,000 square foot and the remel plant will be of 170,000 square foot. This expansion will add the third aluminum extrusion press. According to Scott Kelly, the...
Michael Ansah, CEO of Ghana Integrated Aluminium Development Corporation (GIADEC), has announced the implementation of four new Integrated Aluminium Industry (IAI) projects to develop the industrial transformation agenda of the country. The news came after Ansah noted at the launch of GIADEC’s IAI projects on Tuesday, September 14, that “GIADEC launched a 3-Round investor engagement process from March 2019, to select strategic partners. The competitive and transparent process, which was advertised broadly, was rigorous and thorough. It attracted interest from 39 companies from Ghana and across the world. We held Investor Engagement Meetings in Accra, and conducted Round 1 (capacity), Round 2, Round 3.” He added, “The process has culminated in the selection of strategic investors, and we...
Compressed gas is another way to obtain mechanical energy storage. So, when a piston is used to compress a gas, energy is stored in the gas and can be released later by reversing the movement of the piston, hence pressurised gas is, therefore, an energy store. However, it can release energy that can be used to perform useful work and the common compressed gases are propane, nitrogen, chlorine, helium, and oxygen. Aluminium cylinders have an excellent static resistance and the engineering can withstand the stress of refill multiple times. The largest country in South America and Latin America, Brazil imported 563 tonnes of aluminium compressed gas cylinders during 2019-20 and the expenditure counted for the import was $8.35 million. In 2019, Brazil traded 275 tonnes of aluminium containers...
Three-month LME aluminium opened at $2,892 per tonne on Tuesday morning, with the highest and lowest prices at $2,910 per tonne and $2,824 per tonne, and lost 1.97 percent to settle at $2,831 per tonne. Open interest increased 850 lots to 656,000 lots. On Tuesday, September 14, LME aluminium cash (bid) price and LME official settlement price decreased by nearly 3.5 percent to come in at US$2,846.50 per tonne and US$2,847 per tonne, respectively. 3-month bid price and 3-month offer price stood at US$2,857 per tonne and US$2,858 per tonne. December 22 bid price settled at US$2,725 per tonne, while the offer price for the same day at US$2,730 per tonne. LME aluminium opening stock for September 14 stood further lower at 1303500 tonnes. Live warrants amounted to 825200, while cancelled...
Vedanta Limited has continued to grow its aluminium products prices for the fifth time in row, with effect from Tuesday, September 14. According to the price list revealed by Vedanta, its aluminium billets price has come in at INR 258,750 per tonne, up by INR 4,000 per tonne or 1.57 per cent from INR 254,750 per tonne on September 11. Vedanta’s aluminium wire rod price has also seen a hike of INR 4,000 per tonne with effect from September 14 to come in at INR 258,250-265,750 per tonne. On September 11, aluminium wire rod price was at INR 254,250-261,750 per tonne after climbing by INR 6,250 per tonne from the previous day. Vedanta’s aluminium ingot price is hovering around INR 250,750-263,750 per tonne, compared to INR 46,750-259,750 per tonne on the last day. Vedanta Limited links its...
