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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In August 2021, the alumina production in China came in at 6.39 million tonnes after increasing by 1.58 per cent month-on-month from 6.29 million tonnes, founded the Shanghai Metals Market. According to the SMM data, the output for August was 6.16 million tonnes of metallurgical grade alumina compared to 6.08 million tonnes in July. The average daily output of metallurgical grade alumina in August was 197,000 tonnes, up by 1.24 per cent from July and 6.97 per cent from August 2020. According to SMM, the total production of metallurgical grade alumina during January to August amounted to 47.66 million tonnes, an increase of 8.09% from the same period last year. The price of alumina increased rapidly in August, which in turn increased the production of alumina refineries in some areas of...
The escalation of copper price to a record level in 2021 is stirring buyers in a vitally segmented consumer market to consider economic substitutes, which reflects an early indication of an avenue that high prices forcefully can knock down demand. The air-conditioner industry’s consumption is at risk, as it accounts for a substantial chunk of global copper demand. Daikin Industries, the Japanese multinational air conditioning manufacturing company headquartered in Osaka, which is also the world’s top equipment producer, plans to replace half of the copper in its units with aluminium by 2025. However, in China, a state researcher is working with the country's top home-appliances groups on utilising more aluminium. Song Jingxue, Director at the China Household Electric Appliance Research...
Qatalum has joined Aluminium Stewardship Initiative as the Production and Transformation member, bringing the total count of ASI members to 193. Qatalim’s vision is to provide their customers worldwide with best quality aluminium products made in Qatar. They run an aluminium smelter in Mesaieed, Qatar, located 40 km south of Doha. Their facilities include a casthouse, carbon plant, port, a reduction plant, storage facilities and also a captive power plant. The workforce of Qatalum includes people from over 40 nationalities. The company contributes to the industrial diversification of the State of Qatar as well as is paving the way for a sustainably developed future. Qatalum is known to produce more than 600,000 tons of top quality primary aluminium products per year. Their value-extrusion...
China’s domestic primary aluminium price has continued to surge by RMB 420 per tonne to stand above RMB 22,500 per tonne after Alpha Conde, president of the Republic of Guinea, got detained by Special Forces in the capital, Conakry. Unrest within Guinea is putting further strain on the market as it supplies more than half of the ore imported by China, the top global producer of the metal. Till July 2021, Guinea supplied China with 55 per cent of its bauxite supply, according to analysts at ING. As per the latest data shown by the Shanghai Metals Market, A00 aluminium ingot price in China has reached as high as RMB 22,650 per tonne on September 10, with average prices expected to range between RMB 22,630 per tonne and RMB 22,670 per tonne. The spot contract is likely to be traded at a...
Aluminium billet inventories in China have recorded an increase of 6,500 tonnes across five major consumption areas to come in at 145,500 tonnes on Thursday, September 9, found the Shanghai Metals Market. Last week, on September 2, China’s aluminium billet inventories stood at 139,000 tonnes growing by 14,600 tonnes week-on-week. The rise in aluminium billet inventories this week could be attributed to the muted downstream purchase caused by soaring aluminium prices. In addition, arrivals of stocks increased against sluggish orders at extrusion companies. The chart below indicates the current status of aluminium billet inventories across China in more detail: The increase in inventories this week has solely been contributed by Foshan, building up 11,600 tonnes to 79,000 tonnes as of...
On 8th September 2021, the main political and economic bloc of West Africa has suspended Guinea's membership following a weekend military coup that has overthrown President Alpha Conde and inflicted a blow to democracy in the region. The leaders from the 15-member Economic Community of West African States, ECOWAS during a virtual summit demanded Alpha Conde’s immediate release and a return to the constitutional order. The EOCWAS leaders also agreed to send a high-level mission to Guinea on 9th September 2021 earliest, as stated by Alpha Barry, Foreign Minister of Burkina Faso. Barry further added: "At the end of that mission, ECOWAS should be able to re-examine its position.” However, he did not declare any overnight economic sanctions against Guinea, as ECOWAS imposed against Mali...
Hindalco Industries Limited has continued to increase its aluminium ingot and aluminium products prices for the fourth time in a row, with effect from Thursday, September 9. Hindalco’s aluminium ingot price has come in at INR 236,500 per tonne, up by INR 4,250 per tonne or 1.83 per cent from INR 232,250 per tonne on September 7. The company is currently selling its aluminium wire rod at INR 247,600 per tonne, also an increase of INR 4,240 per tonne from INR 243,350 per tonne on the previous day. Hindalco’s aluminium billets price also saw a hike of INR 4,250 per tonne from INR 239,350 per tonne on September 7 to INR 243,600 per tonne on September 9. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London...
On Wednesday, September 8, Novelis Inc., the world leader in aluminum rolling and recycling, declared that it expanded its research partnership with the Georgia Institute of Technology (Georgia Tech) Novelis Innovation Hub, aiming at enhancing materials and process research to help Novelis build a sustainable world and achieve a net zero carbon footprint by 2050. The expansion of partnership will work on accelerating the pace of innovation via high throughput development methodologies and artificial intelligence and developing new generations of electric vehicle batteries using the higher amount of recycled aluminum. Philippe Meyer, Senior Vice President and Chief Technology Officer of Novelis Inc., said: "Our collaboration provides an exciting opportunity to accelerate our R&D and to...
The Russellville, Arkansas, aluminum rolled product facility belonging to Jim Walter Aluminum, is the first to receive the GreenCircle Certified LLC’s Certified Environmental facts multiattribute certification, which ensures transparent and externally verified environmental data to the consumers in the main market supplied by JW Aluminum in Russellville. In relation to the production of alloys at JW Aluminum’s Russellville plant, the GreenCircle certification from Pennsylvania will provide with environmental data, information about the carbon footprint, energy reduction, recycled content composition, waste diversion as well as energy reduction. GreenCircle is a third party certification company that works by providing evaluation process designed to provide independent verification stating...
The tight supply of primary aluminium in the Chinese domestic market due to increased pressure on smelters to rationalise their power usage, added with political unrest in Guinea impacting the global raw material supply, has pushed the country’s A00 aluminium ingot price to a 13-year high. According to the Shanghai Metals Market, China’s primary aluminium ingot price has soared by RMB 460 per tonne to reach as high as RMB 22,230 per tonne on Thursday, September 9. The average prices are expected to range between RMB 22,210 per tonne and RMB 22,250 per tonne, with spot contract to be traded at a premium price of RMB 70-30 per tonne. Except for Tianjin and Linyi, the surge in A00 aluminium ingot price has touched upon all the other major cities. Chongqing has seen the sharpest growth of RMB...
The second most recycled metal after the steel is aluminium, and about one-third of all aluminium is extracted from scrap products. Recycling of aluminium diminishes the need for raw materials and also restricts the usage of valuable energy resources. The primary benefits of aluminium recycling are that it uses 95% less energy than producing aluminium from raw materials. However, it also saves 97% of GHG emissions emitted in the primary production process. Recycling 1 tonne of aluminium saves around 9 tonnes of CO2 emissions and approx. 4 tonnes of bauxite. Recycled aluminium is used in the manufacturing of aircraft, automobiles, bicycles, boats, computers, cookware, gutters, siding, wire, cans, etc. Slovenia is an independent, advanced, and stable nation and has had an open market...
Ningbo HuaYang Aluminium-Tech Co. Limited has reportedly joined the Aluminium Stewardship Initiative as a Production and Transformation member, bringing the total count of ASI members to 194. Ningbo HuaYang Aluminium-Tech Co. Limited is located in the Fenghua Districy in Zhejian, China. The company received their investment from Steel united international investment and development co., limited. Out of them, around 64.59% of the stock is occupied by Taiwan Sino steel Aluminium Corporation or Sino Steel Aluminium in short. Ningbo HuaYang was registered on 30 th October 2002, with the capital amount of 49,000,000 and spreads over 133,000 hectares. The company is known for producing and selling aluminium boards, sheets, aluminium foils, alloys and many more. With more than two years of...
Three-month LME aluminium opened at US$2,765 per tonne on Wednesday morning and ranged between US$2,758-2,810 per tonne before closing at US$2,791 per tonne, an increase of US$23 per tonne or 0.83 per cent. Trading volume was 18,734 lots, and open interest decreased by 5,410 lots to 646,000 lots. On Wednesday, September 8, LME aluminium cash (bid) price and LME official settlement price jumped by US$34.50 per tonne to come in at US$2774.50 per tonne and US$2,775 per tonne, respectively. 3-months bid price and 3-months offer price surged by US$33 per tonne to stand at US$2,792 per tonne and US$2,793 per tonne. Dec 22 bid price stood at US$2,720 per tonne and Dec 22 offer price hovered around US$2,725 per tonne. LME aluminium opening stock decreased from 1333625 tonnes to 1334225 tonnes....
On 7th September 2021, the Chief Minister of Chhattisgarh Bhupesh Baghel approved mining proposals worth INR 267 crore. The proposals are related to several projects of the Mineral Resources Department and Chhattisgarh State Mineral Development Corporation and incorporate proposals for the development of Kerwa coal block, Iron Ore Deposit-4, exploration of new bauxite areas, the survey of minerals and upgrade of online mineral portal operated for mining activities. Chief Minister Baghel, holding the mining portfolio, chaired a meeting of the Mineral Development Fund Advisory Committee, said in an official statement: “At present, the government every year allocates 5% of the amount received as mineral revenue to the Mineral Development Fund. This is utilized to develop minerals in the...
On 8th September 2021, the world's largest manufacturer of low-carbon aluminium, Rusal confirms the appointment of former Chalco trader Deng Gang as its new Sales Director for the China market. Deng previously held the position as Head of China for Concord Resources and before that, from 2016-20 he was the Chief Marketing Officer for Chalco Trading Hong Kong Ltd., a unit of China's state-run aluminium maker Chalco. Deng has joined Rusal’s Shanghai office this week and will report to Roman Andryushin, Deputy General Director for Sales in Russia, CIS and China. He is countering a busy start in the job as several Chinese regions impose restrictions on aluminium producers, redirecting Shanghai aluminium prices SAFcv1 to 13-year highs on concerns of limited supply and boosting the import...
Vedanta Limited announced that it increased its aluminium ingot and aluminium products prices with effect from Tuesday, September 7, bringing its aluminium ingot price to INR 232,750-245,750 per tonne. That was an increase of INR 4,250 per tonne from INR 228,500-241,500 per tonne on September 3. Vedanta’s aluminium wire rod price also witnessed a hike of INR 4,250 per tonne from INR 236,000-243,500 per tonne on September 3 to INR 240,250-247,750 per tonne on September 7. The company’s aluminium billets price came in at INR 240,750 per tonne compared to INR 236,500 per tonne in the previous week. Vedanta Limited links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London Metal Exchange, which over the 3-day time surged by US$49.50 per tonne...
On September 7, 2021, the Board of Directors in Kaiser Aluminum Corporation announced that Michael C. Arnold and Kevin W. Williams are the new members of the board. They will be serving as Independent Directors. Prior to joining Kaiser Aluminum, Mr. Arnold served as the President and Chief Executive Officer of Ryerson Inc., metal processor and distributor. Before being a part of Kaiser Aluminum, Mr.Williams served as the President and Chief Executive Officer at GAA Manufacturing and Supply Chain Management, one of the largest African American owned businesses. According to Jack A. Hockema, the Executive Chairman of Kaiser Aluminum, “As highly respected leaders with a deep understanding of manufacturing and supply chain management, we are excited to have Mike and Kevin join the board.” He...
The Glass and Glazing Federation (GGF), representing companies that manufacture, supply or install glass and glazing products in the UK and internationally, declared that it has formed the new GGF Aluminium Group for companies operating in the aluminium sector. GGF’s technical team brought the idea of the new group, as it pinpointed a gap in the present GGF technical group infrastructure and generally in the industry. David Borland, Senior Technical Officer, GGF, said: “Part of the responsibilities of the Technical Department is to continually review the service we provide to Members and most importantly recognise gaps in that service. It is during these reviews and discussions it became clear that the one part of the Industry which needed additional GGF Technical support was the...
