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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Hydro will expand its aluminium recycling capacity at its Sjunnen extrusion plant in Sweden by 50% in a €11.3 million expansion. The expansion, which will be finalized by the end of 2022, will meet increased market demand for low-carbon aluminium profiles across all industries where Hydro Extrusions operates. The recycling capacity will increase from 42,000 tonnes to 62,000 tonnes per year. “By using more process scrap and end-of-life aluminium from local industries and our own extrusion plants in Vetlanda and Finspång, we can supply more low-carbon aluminium to the local market. The recycling casthouses have an important role to fill in the transition toward a greener economy,” said Jonas Bjuhr, Managing Director Hydro Extrusions Sweden. The location in Sweden is ideal to capture...
Three-month LME aluminium opened at US$2,592 per tonne on Tuesday morning. The price closed US$10 per tonne or 0.39% higher at US$2,604 per tonne. As of Tuesday, August 24, LME aluminium cash (bid) price stands at US$ 2648.50 per tonne, LME official settlement price stands at US$ 2648.50 per tonne; 3-months bid price stands at US$ 2627 per tonne, 3-months offer price is US$ 2627 per tonne; Dec 22 bid price stands at US$ 2587.50 per tonne, and Dec 22 offer price stands at US$ 2587.50 per tonne. The LME aluminium opening stock stood at 1295125 tonnes. Live Warrants totalled 844475 tonnes and Cancelled Warrants were 450650 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2605.11 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to stand...
The price of alumina has escalated to its highest in almost six months after a flare-up at the Jamalco refinery in Jamaica leading to the disquiet of restricted supply. On 20 th August 2021, COMEX alumina futures AALc1, assessed free-on-board (FOB) from major producer Australia, which rose to $302.14 per tonne, up from $300.48 a tonne and the highest since 25 th February 2021. The prices of the raw material for aluminium, alumina have been shooting upwards since mid-April despite robust demand for aluminium and disruption in China due to flooding. Noble Group Holdings, the Hong Kong-based firm, which remains as an ally with the Jamaican Government in Jamalco joint venture said: “Major fire" broke out in the powerhouse that produces power, compressed air and steam for alumina-refining...
Average alumina spot price in China has continued to increase by RMB 53 per tonne for the second consecutive day to come in at RMB 2,751 per tonne as of Wednesday, August 25, found the Shanghai Metals Market. In Henan, the price has grown the highest by RMB 75 per tonne to stand at RMB 2,800 per tonne, followed by the rise of RMB 50 per tonne in Shanxi to settle at RMB 2,775 per tonne. In Guizhou and Guangxi, alumina price has grown by RMB 20 per tonne to come in at RMB 2,580 per tonne and RMB 2,550 per tonne, respectively, while the price in Shandong has remained restrained at RMB 2,710 per tonne. A00 aluminium ingot price has also increased for the fourth day in a row to exceed RMB 20,500 per tonne. According to SMM, the price has surged by RMB 190 per tonne to stand at RMB 20,600 per...
Vedanta Limited has increased its aluminium products prices and aluminium ingot price with effect from Tuesday, August 24. The company’s aluminium wire rod price has come in at INR 233,000-240,500 per tonne, up by INR 1,500 per tonne from INR 231,500-239,000 per tonne on August 19. Hindalco is selling its aluminium billet at INR 233,500 per tonne, also an increase of INR 1,500 per tonne from INR 232,000 per tonne on August 19. Hindalco’s aluminium ingot price is ranging between INR 225,500-238,500 per tonne in comparison with INR 224,000-237,000 per tonne last week. Vedanta limited links its aluminium ingot and aluminium product prices to the three-month futures of aluminium on the London Metal Exchange, which after August 19 grew US$ 65 per tonne to stand at INR 2,609 per tonne as of...
According to the International Aluminium Institute (IAI), primary aluminium production in Africa grew 5,000 tonnes or 3.85 per cent month-on-month to come in at 135,000 tonnes in July 2021. A month ago, in June, primary aluminium output in Africa was 130,000 tonnes, down by 6,000 tonnes or 4.41 per cent from 136,000 tonnes in May. On a year-on-year calculation, Africa’s primary aluminium production in July stood flat, found IAI. In the first seven months of the year, primary aluminium production in Africa totalled 916,000 tonnes, down by 2.45 per cent or 23,000 tonnes from 939,000 tonnes during the same period last year. The world primary aluminium production in July stood at 5.747 million tonnes, which reflected an increase of 3.4 per cent from 5.558 million tonnes in June. On a...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices by INR 1,500 per tonne with effect from Tuesday, August 24. The company’s aluminium ingot price has come in at INR 225,000 per tonne compared to INR 223,500 per tonne on August 19. Hindalco is selling its aluminium wire rod at INR 236,100 per tonne in comparison with the last selling price of INR 234,600 per tonne. Aluminium billets price is standing at INR 232,100 per tonne, also up by INR 1,500 per tonne or 0.65 per cent from INR 230,600 per tonne. <iframe width="500" height="380" src="https://www.youtube.com/embed/mIk95qdTt7M" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>...
The economy of Cameroon is a mixed economic system that incorporates a variety of private freedom, combined with centralized economic planning and government regulation. The country is a member of the Economic Community of Central African States (ECCAS). The central African nation at the Gulf of Guinea, Cameroon imported 935 tonnes of aluminium stranded wires during 2019-20 and the expenditure accounted for the import was $3.94 million. In 2019, Cameroon imported just 287 tonnes of aluminium stranded wires, with an expenditure counted to $0.96 million, whereas, in 2020, the import saw a robust growth by 125.78%, as the import volume up-surged to 648 tonnes and the expenditure also soared to $2.98 million. The import for 2021 has also been analysed with further growth of 49.53%, as the...
National Aluminium Company Limited (NALCO) sharply cut its aluminium ingot and aluminium products prices, with effect from Friday, August 20, following a hike of 2.25 per cent on Tuesday, August 17. The company’s aluminium ingot price witnessed a slash of INR 8,100 per tonne or 3.57 per cent from INR 226,850-230,350 per tonne on August 17 to INR 218,750- 222,250 per tonne on August 20. NALCO’s aluminium wire rod price is ranging between 221,250- 225,600 per tonne since August 20 after seeing a cut of INR 8,100 per tonne from INR 229,350-233,700. NALCO’s aluminium billets selling price is at INR 222,200- 224,850 per tonne, also down by INR 8,100 per tonne from INR 230,300-232,950 per tonne on August 17. <iframe width="500" height="380" src="https://www.youtube.com/embed/b6eI9PhGz74"...
Aluminium Stewardship Initiative has announced that it has successfully certified Thai Beverage Can (TBC) against Performance Standard Certification with Provisional Status and against Chain of Custody Standard Certification for the manufacturer of aluminium can body and ends at its material conversion plant in Saraburi, Thailand. The facility at Saraburi has an annual production capacity of more than 3 billion can bodies and over 4 billion ends, making it one of the largest aluminium can manufacturers in Southeast Asia. The ASI Performance Standard defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain, while the ASI CoC Standard sets out requirements for the creation of a Chain of Custody for...
The Covid-19 pandemic is not the solitary reason to turn off the keys for the last time of many aircraft. The rise in the environmental impact of flying is another major reason for putting further pressure on airlines to turn off the engine forever for certain aircraft. Modern aircraft are much more efficient and the airlines persist that they the performing everything to reduce emissions pollution, the spotlight is shifting to another eco concern. Early 2000 was the benchmark year when the dying aeroplane was considered to be an issue. The retired aircraft were used to be disposed of like vehicles or crushed or left out for corrosion in uninhabited scrapyards. However, in 2007, a French firm has developed a solution to the problem and at the same time took the edge of a business...
According to the Shanghai Metals Market data, Bauxite (4.5≤Al/Si＜5.5) price in Henan has soared by RMB 60 per tonne after remaining restrained at RMB 430 per tonne since July 29. As of Tuesday, August 24, the hike has brought the price to RMB 490 per tonne, with average prices expected to range between RMB 480-500 per tonne. Bauxite (4.5≤Al/Si＜5.5) price in Shanxi has also witnessed a rise of RMB 12.50 per tonne to come in at RMB 417.50 per tonne as of August 24. The average prices are likely to range between RMB 390-445 per tonne, found SMM. Average alumina spot price in China has jumped by RMB 31 per tonne after remaining restrained at RMB 2,667 per tonne from August 20-23. So, according to SMM, alumina price has come in at RMB 2,698 per tonne as of Tuesday, August 24. In Guizhou,...
LME aluminium benchmark price closed higher for the second consecutive day by US$ 40 per tonne or 1.56 per cent on Monday, August 23. LME aluminium cash (bid) price and LME official settlement price continued to rise for the second day in a row to reach at US$ 2,609 per tonne on Monday, August 23. 3-months bid price and 3-months offer price increased by US$ 37 per tonne from US$ 2,552 per tonne to US$ 2,589 per tonne. Dec 22 bid price and Dec 22 offer price hovered around US$ 2,555 per tonne, down by US$ 32 per tonne from US$ 2,523 per tonne on August 20. LME aluminium opening stock declined from 1304950 tonnes to 1300250 tonnes. Live Warrants stood at 843225 tonnes, while Cancelled Warrants totalled 457025 tonnes. LME aluminium 3-months Asian Reference Price settled at US$ 2,586.91 per...
On 23 rd August 2021, Kumar Mangalam Birla, the Chairman of the world's largest aluminium rolling company, Hindalco Industries, which stands among the biggest producers of primary aluminium in Asia stated: “The Company has started FY'22 at a strong pace and continues to see a strong demand across business verticals despite the impact of the second wave of COVID-19.” At the 62nd Annual General Meeting, Birla addressed to shareholders: “Despite the pandemic-induced volatility in the business environment, Hindalco marked some significant milestones.” "We continue to see a strong demand across all our business segments, plants running at capacity, and improving margins, supported by better macros and operating efficiencies," he added. In FY'21, Hindalco Industries delivered a remarkable...
The leading Wheel Manufacturing industry having facilities all over India, Steel Strips Wheels (SSWL) announced that it has inked a memorandum of understanding for around $105 million from Western Hemisphere. The MoU undertakes that SSWL will supply steel and aluminium wheels for a minimum period of three years. However, the supplies of steel wheels will commence from Chennai and Dappar plant by September 2021 and the supplies of aluminium wheels from Mehsana plant will be set in motion by end of December 2021. The wheel production company said: “This shows strong confidence of the customers in SSWL to develop long term strategic partnerships.” SSWL manufactures steel and aluminium wheel rims and caters to the various segments of the automobile industry. The company operates in the...
According to China Customs data, China imported 526,900 tonnes of alumina in July 2021, which reflected an increase of 91.66 per cent from the previous month and 26.27 per cent from a year ago. From January to July, China’s alumina imports totalled 1.94 million tonnes, however, a decrease of 17.73 per cent from the same period last year. China Customs data also showed that the country exported 51,400 tonnes of alumina in July 2021, which brought the total exports during January-July to 92,800 tonnes. Australia was the leading source of China’s alumina imports in July 2021. According to customs data, Australia exported 365,284 tonnes of alumina to China in the said month, accounting for 69.33 per cent of China’s total alumina imports. Vietnam was the second leading alumina exporter to...
Aluminium is considered one of the most abundant metals on earth in the ore stage. Aluminium foil is a paper-thin, shiny sheet of aluminium metal, produced by rolling large slabs of aluminium until they are less than 0.2 mm thick. It has multiple utilities, which incorporates packing, insulation and transportation. At home, people use aluminium foil for food storage, to cover baking surfaces and to wrap foods, such as meats, to prevent them from losing moisture while cooking. In 2020, France exported 70,618 tonnes of aluminium foil globally to around 103 countries, which accounted for revenue generation of $292.40 million, with a 19.04% growth in export volume and a 7.91% surge in earnings respectively on Y-o-Y. The top 5 nations France exported aluminium foils in 2020 are the USA, Italy,...
World primary aluminium production in July 2021 amounted to 5.747 million tonnes, which was an increase of 3.4 per cent from 5.558 million tonnes a month ago, according to the latest data from the International Aluminium Institute. However, the output of world primary aluminium in June edged 3.67 per cent lower than 5.770 million tonnes in May 2021. On a year-on-year calculation, world primary aluminium production in July was up by 5.20 per cent from 5.463 million tonnes, found IAI. Total production from January to July came in at 39.284 million tonnes, 4.62 per cent more than 37.548 million tonnes during the same period last year. International Aluminium Institute data also found that the world daily average primary aluminium production in July 2021 was at 185,400 tonnes, essentially...
