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 Member of the Parliament of Redditch, UK Rachel Maclean and Council Leader Matt Dormer recently visited the headquarters of aluminium packaging recycling organisation Alupro, to attain more about the firm’s functionality in supporting the nation to enhance its aluminium packaging recycling rate. The industry-funded, not-for-profit organisation Alupro, with over 30 years of experience representing the UK's aluminium packaging industry works with local authorities, the waste management industry and the wider packaging sector to stimulate the UK’s collection infrastructure. Alupro acts as the voice of the industry in regards to the issues related to government policy and legislative development, while it also manages information and education campaigns to encourage participation in...
The average alumina spot price in China has increased by RMB 85 per tonne on Wednesday, September 15, following a restraint on the previous day. According to the Shanghai Metals Market, the hike has brought the alumina price at RMB 3,453 per tonne, marking a week-on-week jump of RMB 292 per tonne. In Henan and Shanxi, alumina spot price has surged by RMB 100 per tonne to close at RMB 3,500 per tonne, while the price in Shandong has settled at RMB 3,450 per tonne by also gaining RMB 100 per tonne. In Guizhou and Guangxi, alumina price has grown by RMB 50 per tonne to peg at RMB 3,250 per tonne on September 15, found SMM. The alumina price surge across China could be attributed to lower production, as three refineries in Guangxi have begun to reduce output from September 9 after the...
The Highland Council is due next week to come up with a decision on the application to build an aluminium recycling plant that will be able to manage 100,000 tonnes of metal per year. GFG Alliance’s aluminium arm Alvance, the applicant stated: “The green energy used will help it to draw custom from rival plants that use fossil fuels.” Sanjeev Gupta led group will build this recycling plant on a 5.0-hectare site near the Lochaber Smelter at Fort William. The proposal is for the aluminium recycling and billet casting facility that will produce solid blocks of aluminium using a combination of recycled aluminium and primary aluminium from the smelter. The molten metal from the aluminium smelter would enter the new building at the north end and scrap aluminium brought into the southern...
Yunnan located in Southwest China has reportedly asked the local smelters to reduce the production of aluminium by 30 percent for the rest of the year to help them in meeting their goals of reducing greenhouse emissions and energy use. Because of the abundant hydropower facility, Yunnan has turned out to be one of the most preferred locations for aluminium smelting projects and also other nonferrous metal refineries. In 2020, around 2.6 million tonnes of aluminium was added in Yunnan, making it up by 72 percent since the last year. Around 1.4 million tonnes of aluminium capacity was planned to put into operation this year. By assigning to Yunnan and using their hydropower, the aluminium projects have become greener and the province is shifting from being the green power supplier to...
According to the latest update, the European Commission has yet not taken a final decision whether it will suspend the imposition of definitive anti-dumping duties on aluminium flat rolled products imports from China or not. This news came after a European Union official told S&P Global Platts in an emailed statement that "The anti-dumping investigation on imports of aluminum flat-rolled products originating in China initiated on Aug. 14, 2020 is still ongoing. Definitive measures, if any, must be imposed by Oct. 11." However, in the context of this investigation, "a request for the suspension of any measure, triggered by several stakeholders and based on substantiated information on the most recent market developments beyond the period covered by the anti-dumping investigation, is also...
Gravita India had made public that a step-down subsidiary of the company located at the Southeast coast of Africa, Mozambique has commenced commercial production of Aluminium from its new recycling facility with an annual capacity of around 4,000 MTPA in addition to its existing lead recycling facility of 4,500 MTPA and is also work-in-process of setting up of a new plastic recycling unit in Mozambique. The Company is anticipating additional revenue of approx. INR 50 crore per annum combined with gross margins of 18% from the aluminium recycling plant. The flagship recycling company has invested of approx. INR 2 crore for acquiring and commissioning this new recycling unit, which is invested from internal accruals of the group. The recycling plant is built on leased premises keeping...
Hindalco Industries Limited has sharply increased its aluminium ingot and aluminium products prices with effect from Tuesday, September 14, in tandem with the LME aluminium price leap to a new high in 13 years at US$3,000 per tonne on September 13. Hindalco has raised its aluminium ingot price by INR 10,500 per tonne to INR 250,250 per tonne, in comparison with INR 239,750 per tonne on September 10. Hindalco’s aluminium wire rod price has also built-up INR 10,500 per tonne on September 14 to come in at INR 261,350 per tonne. On Friday, September 10, the price was at INR 250,850 per tonne after increasing by 3,250 tonnes from the previous day. The company is currently selling its aluminium billets at INR 257,350 per tonne versus INR 246,850 per tonne on September 10. Hindalco Industries...
Queensland Alumina (QAL) is reportedly obtaining five medium-voltage variable speed drives or VSDs from Siemens for continuing to improve its alumina refining process. The order consists of three GH180 Perfect Harmony variable speed drives (VSDs), which will be used in place of the existing drive helping QAL to cut down the energy usage as well as other emissions. Along with this, two more variable speed drives will be connected with the boiler house ash pumps. The initiative is a part of Queensland Alumina’s $400 million five-year environmental strategy program, also known as the 5-YES program. The program will help in reducing environmental risk and emission due to capital improvements. The five-year environmental strategy program sees QAL intention to invest in 60 capital modification...
Africa is one of the largest and evolving nations with a population of 1.2 billion. According to IEA, by 2040 the population is expected to grow by 800 million to 2 billion, similar to the population rise in the U.S .and Europe. Being the fifth largest nation in terms of population and also with their growing mining force, it is difficult to believe that the continent produces only 1 percent of the world’s secondary aluminium. As a result of which an international initiative to industrialize Africa and include the continent into the economic power, making it produce more resources than the usual. Ramco Metals began recycling in Nigeria around 7 years ago and is also taking steps to build Africa into a sustainable powerhouse. Africa has around 50 metal recycling facilities, whereas other...
In 1971, the Gulf region’s first aluminium ingot was produced at Aluminium Bahrain (Alba), hallmarking the initiation of a program of industrial diversification that was both bright and enterprising. The high strength to weight ratio makes aluminium a vital structural material for multiple usages. The Kingdom of Bahrain imported 6098 tonnes of aluminium structures during 2018-20 and the revenue expended for the import by the nation on the Persian Gulf was $27.22 million. Bahrain’s import of aluminium structures in 2018 was recorded at 2015 tonnes and the expenditure accounted counted to $8.60 million, whereas, in 2019, the import displayed growth of 50.86%, as the import volume rose to 3040 tonnes and the expenditure also escalated to $12.91 million. The importation of aluminium...
Elval, the only Greek producer of flat rolled aluminium products, has been acknowledged by the Aluminium Stewardship Initiative against the Chain of Custody Standard certification. The news came after ASI announced that it successfully certified the aluminium rolling division of Elvalhalcor S.A. for the facility in Oinofyta, Greece. The facility’s operations include re-melting and casthouse activities, hot/cold rolling, coil coating, and finishing lines. Aluminium rolling products manufactured at the facility are destined for the downstream industries and various products including aluminium foil and special alloys used in the automotive industry and food cans. In July 2020, the facility achieved the ASI’s Performance Standard certification. Fiona Solomon, Chief Executive Officer at ASI,...
After recording a continuous rise in last one week surpassing RMB 23,000 per tonne, A00 aluminium ingot price in China has plummeted by RMB 530 per tonne on Tuesday, September 14, to settle at RMB 22,890 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 22,870 per tonne and RMB 22,910 per tonne, with spot contract to be traded at a premium price of RMB 70-30 per tonne. Among the main Chinese cities, Wuxi has seen the sharpest fall of RMB 595 per tonne to RMB 22,810 per tonne, followed by the plunge of RMB 590 per tonne in Hangzhou to stand at RMB 22,820 per tonne. In Foshan, A00 aluminium ingot price has decreased by RMB 560 per tonne to settle at RMB 22,940 per tonne, while the price in Chongqing and Gongyi has shrunk by RMB 535 per tonne...
The coup in Guinea the previous week stormed the international aluminium markets and propelled the prices for the metal surging to a 13-year high on the London Stock Exchange. The dethroning of President Alpha Condé can lead to a major fuss for Russian aluminium giant Rusal, the global leader of low-carbon aluminium producer, who owns Friguia alumina refinery, the largest in Guinea. Now, if the refinery is pressurized to cease operations, it would be big financial distress to Rusal, forcing the global aluminium prices to tower at a much higher level. The world largest exporter of bauxite Guinea countered a political turmoil last week, as Col. Mamady Doumbouya led a team of Special Forces suspended the constitution, seized power, dissolved the parliament and closed the borders. The Col....
The LME aluminium benchmark price leaped to a new milestone of US$3,000 per tonne, first time ever since 2008. Aluminium raw materials supply disruptions in Guinea coupled with production restrictions in China pushed the LME aluminium price to a 13-year high. However, both the LME aluminium cash (bid) price and LME official settlement price fell at 1450 GMT to as low as US$2,858 per tonne but closed the day higher at US$2,949 per tonne and US$2,950 per tonne, up 1.8 per cent from the previous day. The prices are likely to continue to grow, thanks to a rapid increase in China’s domestic alumina price and expected production cut at Yunnan Province during September-December. 3-month bid price and 3-month offer price grew to US$2,949.50 per tonne and US$2,950 per tonne, respectively. December...
Vedanta Limited expanded its aluminium products prices by INR 6,250 per tonne on Saturday, September 11, bringing its aluminium wire rod price to INR 254,250-261,750 per tonne, in comparison with INR 248,500-255,500 on Friday, September 10. As per Vedanta’s report, its aluminium billet price grew from INR 248,500 per tonne on September 10 to INR 254,750 per tonne on September 11. Vedanta’s aluminium ingot price also saw an increase of INR 6,250 per tonne on September 11 from INR 240,500-253,500 per tonne to INR 246,750-259,750 per tonne. Vedanta Limited links its aluminium products and aluminium ingot prices to the three month futures of aluminium on the London Metal Exchange, which during September 10 was recorded to be US$2896.5 per tonne. On a month-on-month calculation, the price is...
The coup in Guinea that by overthrowing President Alpha Conde in the previous week, the recent military takeovers in Chad and Mali, as well as an attempted coup in Niger, is adding fuel to complicate China's inroads into the semi-arid Sahel region and parts of West and Central Africa. The larger Sahel region is gaining agitation like the latest coup could stir to more political disquiet in the region, where China has been eyeing to stretch its multibillion-dollar trade and investment scheme, 'The Belt and Road Initiative'. The bauxite rich Guinea and also with huge reserves of iron-ore has been suspended from the Economic Community of West African States (ECOWAS), following power seizure by the military. A large landlocked country spanning north-central Africa, Chad has reserves of...
According to the Shanghai Metals Market, China’s primary aluminium production in August 2021 dropped 1.52 per cent month-on-month to stand at 3.23 million tonnes. But on a year-on-year calculation, the output edged 1.25 per cent higher than 3.19 million tonnes. Aluminium liquid accounted for 66.7 per cent of China’s total aluminium output in August, a decrease of 0.3 percentage points from the previous month. From January to August, China’s primary aluminium production totalled 25.97 million tonnes, 6.78 per cent more than 24.32 million tonnes during the same period last year. The daily output averaged 104,000 tonnes, down 2,000 tonnes a day month-on-month but up 1,000 tonnes a day on year. The drop in daily as well as China’s monthly aluminium production could be attributed to the...
The manufacturing sector has navigated South Korea’s expeditious economic development, switching it into a global industrial hub. The country is one the largest shipbuilding destination, fifth in car making, sixth largest steel producer and a billion-dollar surplus importer of aluminium scrap. Smart manufacturing and services dominate the economy, employing the majority of the population, among it includes the major manufactures are mobile phones, consumer electronics, household whitegoods, cars, ships, steel and all of which are exported around the world. The East Asian nation on the southern half of the Korean Peninsula, South Korea imported 1.47 million tonnes of aluminium scrap during 2019-20 and the expenditure recorded for the import volume was $2.69 billion. In 2019, the South...
