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 a recent report, Hydro has entered into a 15-year contract with New Fortress Energy (NFE) for the supply of Liquefied Natural Gas (LNG) to the Alunorte alumina refinery in Brazil, as part of the fuel-switch initiative to replace the refinery’s energy sources and reduce carbon emissions. Hydo aims at reducing greenhouse gas emissions by 30 per cent by 2030. The agreement says the NFE will supply 29.5 TBtu of natural gas annually to Hydro’s Alunorte refinery from its Barcarena LNG receiving and regasification terminal located in the state of Pará, Brazil. Alunorte will implement the calcination process and part of steam generation at the refinery to switch from fuel oil to natural gas as the energy source. This change is slated to be completed by the first quarter of 2023 and...
The Russian aluminum shipment abroad experienced a tenfold surge in July, says the data recorded by the Federal Customs Service. Compared to the year 2020 for the same period, the July exports amounted to $7.4 billion, meaning that the July exports surpassed three million tonnes. Previously this year, the Russian authorities had imposed a 15 percent tax or a minimum of $254 per tonne for the aluminum exports between August and December. The tariffs also target the foreign sales of ferrous and non-ferrous products like copper, nickel, aluminum, metals and metal products. Compared to the major metal and mining commodities, the global aluminum prices have reportedly increased by 40 percent since the beginning of the year. The increase in the price is due to the structural changes in the...
National Aluminium Company Limited has reported a sharp growth in aluminium ingot price and aluminium products prices with effect from Saturday, September 11. NALCO’s aluminium ingot price has witnessed a spike of INR 14,700 per tonne to INR 245,850-249,350 per tonne, in comparison with INR 231,150-234,650 per tonne on September 7. NALCO’s aluminium wire rod price is hovering around INR 248,350-252,700 per tonne with effect from September 11, also up by INR 14,700 per tonne from INR 248,350-252,700 per tonne on September 7. The company is selling its aluminium billets at INR 249,300-251,950 per tonne, up by 6.40 per cent from INR 234,600- 237,250 per tonne. NALCO has increased its aluminium ingot and aluminium products prices in line with the continuous rally in three-month futures of...
Three-month LME aluminium won 3.23 percent to close at US$2,927.5 per tonne in the overnight trading last Friday, with open interest losing 114 lots to 648,000 lots. On Friday, September 10, LME aluminium cash (bid) price and LME official settlement price climbed by US$79.5 per tonne or 2.82 per cent to come in at US$2,896 per tonne and US$2,896.50 per tonne, respectively. 3-month bid price and 3-month offer price were at US$2,906 per tonne and US$2,907 per tonne. December 22 bid price stood at US$2,783 per tonne and the offer price for the same day was at US$2,788 per tonne. LME aluminium opening stock for September 10 was 1317725 tonnes. Live warrants amounted to 829700, while cancelled warrants totalled 488025 tonnes. LME aluminium 3-month Asian Reference Price settled at US$2,869.50...
The hitch in the aluminium supply chain that has agitated the global commodity markets, while propelling the prices to a 13-year high in the previous week is unrealistic to prosper pretty soon. During North America’s largest aluminium conference ‘Harbor Aluminium Summit’, this was the message which has come from producers, consumers, traders and shippers. In 2021, the metal aluminium has leapt 48% on gushing demand, shipping bottlenecks and China’s restrictions in production, fuelling inflation disquiets and causing a major hassle for consumer-goods producers encountering intensifying material dearth apace with the strong rise in costs. However, several participants in the Harbor Summit remarked that the tangled supplies will pursue to torment the aluminium industry through most of 2022,...
Shanghai aluminium prices have reached the highest level on Monday since 2008, fuelled by supply concerns in China, the world’s biggest consumer of the metal. Output curbs in China, the world’s biggest aluminium producer, and political turmoil in Guinea, China’s top source of bauxite, have further boosted China’s A00 aluminium ingot price by RMB 770 per tonne on September 13. According to the Shanghai Metals Market, the price is standing at RMB 23,420 per tonne, with average prices likely to range between RMB 23,400-23,440 per tonne. The spot contract is expected to range between RMB 100-60 per tonne. Among the main Chinese cities, Gongyi has seen the highest growth of RMB 780 per tonne to stand at RMB 23,260 per tonne, followed by the surge of RMB 760 per tonne in Foshan to reach at RMB...
The Maliparbat bauxite mines in Koraput district of India’s eastern state Odisha gains public resistance with ethnics as well as the activists from across the whole district compounding their stake ahead of the public hearing for environment clearance on 22nd September by the Odisha State Pollution Control Board (OSPCB). On 10th September 2021, hundreds of people from three village councils (Panchayat) of Semiliguda block participated in a protest meeting called to resist renewed operations at Maliparbat mines. Under the banner of Maliparbat Surakhya Samiti (MPSS), the organisation resisting Hindalco Group’s efforts as it seeks a fresh lease to resume bauxite mining, the agitators assembled. However, the public hearing by OSPCB will be held at Kankadaamba village. The ethnics proclaimed...
The billion-dollar global automotive enterprise headquartered in India, Mahindra with the continuation of its ‘Freedom Drive’ unveiled XUV700, a truly distinguished vehicle. Mahindra’s ‘Freedom Drive’ is a concept to observe the XUV700, which will travel across 20 cities in India in a convoy of 80 vehicles distributed in all four east, west, north and south regions. The XUV700 is available in all Aluminium Diesel engines and also gasoline variants with New Generation 6-speed Manual and Automatic Transmission options. On 4th September 2021, from the Mahindra Research Valley in Chennai, the XUV700 convoy was flagged off for the glorified journey. The vehicle launched with a vigorous positive response. The luxurious and avant-garde exterior of the XUV700 tenders an aerodynamic design.
The global downstream aluminium sector has reported some of the important news this week, which include Qatalum joins ASI as its 193rd Production and Transformation member, JW Aluminium’s rolled product facility receives GreenCircle Certification, The Ministry of Commerce, Govt. of India's investigation arm DGTR recommends anti-dumping duty on certain aluminium products from China, and many more. On Tuesday, September 7, the Aluminium Stewardship Initiative welcomed Qatalum as a new Production and Transformation member, bringing the total count of ASI members to 193. Qatalum, with employees from over 40 nationalities, strives to provide customers worldwide with best quality aluminium products made in Qatar. Qatalum is known to produce more than 600,000 tons of top quality primary...
On 5 th September 2021, the coup in Guinea, the mining powerhouse quake the global aluminium market. Guinea contests with Australia as China’s largest supplier of bauxite, the raw material used to make alumina and eventually the metal aluminium. According to the Ministry of Mines and Geology data, the nation shipped 82.4 million tonnes of bauxite globally last year, while a major chunk of that went to China, the world’s biggest aluminium-consuming country. The price of aluminium has escalated to the highest ever in 10 years, the alumina price has also surged and now Guinea’s political instability is expected to fire up the global bauxite prices. Samuel Abu Jinapor, the Minister of Lands and Natural Resources of Ghana, on 2nd September 2021, inaugurated the new Governing Board of GIADEC...
The Ministry of Commerce, Govt. of India's investigation arm DGTR has recommended the imposition of anti-dumping duty on certain aluminium products from China to safeguard domestic producers from cheap imports. The dumped imports of 'Certain Flat-Rolled Products of Aluminium' from China have impacted the domestic aluminium industry, as concluded in its probe by the Directorate General of Trade Remedies (DGTR). DGTR notified by quoting: “The material injury suffered by the domestic industry has been caused by the dumped imports.” "The Authority, therefore, considers it necessary to recommend imposition of the definitive anti-dumping duty on all imports of the subject goods originating in or exported from China," it added. The DGTR has recommended $65 per tonne and $449 per tonne on...
This week, the global aluminium industry is shook by the military coup in Guinea on September 5, which has impacted the raw material supply to the metal industry. As a result, the primary aluminium production is facing a disruption, causing an incessant hike in prices. Both the global aluminium price and domestic price in China have seen a surge to a decade high. According to the Shanghai Metals Market, China’s domestic primary aluminium ingot price rose to a 13-year high, bolstered by the tight supply of the metal due to increased pressure on smelters to rationalise their power usage, coupled with political unrest in Guinea impacting the global raw material supply. On Thursday, September 9, China’s A00 aluminium ingot price soared by RMB 460 per tonne to reach at RMB 22,230 per tonne....
European Aluminium Association, the voice of the European aluminium value chain stood against the 9-month suspension of the anti-dumping duties on Chinese flat rolled products. According to the sector, the suspension of the anti-dumping duties on Chinese aluminium flat rolled products will create a negative impact on the EU industries beyond aluminium. According to Gerd Götz, Director General of European Aluminium, “On 30 August, the European Commission released its annual report on EU trade defence activity, in which it writes European companies and their workers can continue to rely on robust trade defence instruments that protect them against unfair trade practices. Only two days later, the Commission announced its intention to suspend the definitive anti-dumping duties on aluminium...
The third edition of AlCircle’s e-Magazine “Aluminium Industry 4.0: Drivers & Change Makers of 2021” is getting ready to be published this month. This denotes, that time is now to perceive from the key players of the aluminium value chain industry about the importance of Industry 4.0 or the Fourth Industrial Revolution in the manufacturing and industrial sector. The companies and associations that have already confirmed their participation in this E-magazine include Granco Clark, Fives, Mecfor, Gouda Refractories, ALUMEX, SECO/WARWICK, TVARIT and International Aluminium Institute. However, the AlCircle Team is still welcoming more companies and associations on the e-Magazine, in an endeavour to broaden the participation and outpace the global reach in this edition. Globally a large number...
Vedanta Limited expanded its aluminium products prices by INR 4,250 per tonne on Thursday September 9, bringing its aluminium wire rod price to INR 244,500-252,000 per tonne. On Friday, September 10, Vedanta’s aluminium wire rod price again saw a hike of INR 3,500 per tonne to come in at INR 248,000-255,500 per tonne. As per Vedanta’s report, its aluminium billet price grew from INR 240,750 per tonne on September 7 to INR 245,000 per tonne on September 9, which further expanded the very next day by INR 3,500 per tonne to close at INR 248,500 per tonne. Vedanta’s aluminium ingot price also saw an increase of INR 4,250 per tonne on September 9 from INR 232,750-245,750 per tonne to INR 237,000-250,000 per tonne, which grew for the second day in a row on September 10 to reach INR...
The economic recovery of New Zealand is likely pursued in Q2, though at a minimised pace. The robust expansion in electronic card transactions, combined with a considerable fall in the unemployment rate and higher consumer confidence, indicates resilient household spending. The economy is set to recoil strongly in 2021, cushioned by recovering domestic and foreign demand amid the gradual lifting of restrictions and expansionary fiscal and monetary policy stances. The island country in the south-western Pacific Ocean, New Zealand with a population of approx. 4.86 million, imported 3510 tonnes of aluminium household articles during 2019-20 and the expenditure occurred for the import accounted to $25.63 million. New Zealand’s import of aluminium household articles in 2019 was recorded at...
Three-month LME aluminium opened at US$2,795.5 per tonne on Thursday morning and hit a multi-year high of US$2,848 per tonne before closing at US$2,836 per tonne, an increase of US$45 per tonne or 1.61 percent. Trading volume was 19,006 lots, and open interest increased by 2,413 lots to 648,000 lots. On Thursday, September 9, LME aluminium cash (bid) price and LME official settlement price jumped by US$42 per tonne to come in at US$2,816.50 per tonne and US$2,817 per tonne, respectively. 3-month bid price and 3-month offer price were at US$2,827 per tonne and US$2,828 per tonne. December 22 bid price stood at US$2,743 per tonne and the offer price for the same day was US$2,748 per tonne. LME aluminium opening stock for September 9 was 1325225 tonnes. Live warrants amounted to 839650...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium grew 2,000 tonnes across eight major consumption areas on Thursday, September 9, following a downfall of 5,000 tonnes in the previous week. SMM data showed the inventories stood at 751,000 tonnes on September 9, compared to 749,000 tonnes on September 2. The chart below indicates the current status of primary aluminium inventories across China in more detail: The rise in primary aluminium inventories on September 9 was primarily contributed by Nanhai, Shanghai, and Tianjin. In Nanhai, primary aluminium inventories built up 8,000 tonnes to stand at 220,000 tonnes, followed by the growth of 2,000 tonnes in Shanghai to 73,000 tonnes. In Tianjin, inventories inched up by 1,000 tonnes to come in at 67,000...
