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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China Hongqiao Group announced record earnings in six months on higher aluminium prices. The Group’s net income stood at 8.14 billion yuan ($1.25 billion) in January-June, an increase of 187.5% from a year earlier. Revenues increased by 31.4% to 52.48 billion yuan as Shanghai aluminium prices were around one third higher than in the same period of 2020, Reuters reported. Hongqiao manufactured 2.801 million tonnes of aluminium alloy products in the first six months of 2021. That was up from 2.741 million tonnes a year earlier. Sales of alumina rose 23.9% year-on-year in financial terms. Hongqiao expects sustained economic growth in China should see aluminium consumption to rise in the real estate, automotive and infrastructure sectors, driving prices for the metal higher in July-December...
India’s aluminium scrap imports from the United States stood at 28,100 tonnes in June 2021, reflecting a downfall of 1,500 tonnes or 5.07 per cent from 29,600 tonnes in May, found the latest data from the US Census Bureau. However, on a year-on-year basis, the imports stood 119.53 per cent higher than 12,800 tonnes. In the second quarter of 2021 ended June 30, India’s aluminium scrap imports from the US totalled 88,000 tonnes, up by 8,000 tonnes or 8.64 per cent from 81,000 tonnes in Q1 ended March 31. In the first half of the year, India’s imports from the US amounted to 169,000 tonnes, 37.40 per cent more than 123,000 tonnes during the same period last year. The United States total aluminium scrap exports in June 2021 came in at 157,000 tonnes, down by 7.65 per cent from 170,000 tonnes...
Three-month LME aluminium opened at US$2,544.5 per tonne last Friday morning. The price settled at US$2,555 per tonne, an increase of US$8 per tonne or 0.31%. As of Friday, August 20, LME aluminium cash (bid) price stands at US$ 2569 per tonne, LME official settlement price stands at US$ 2569 per tonne; 3-months bid price stands at US$ 2552 per tonne, 3-months offer price is US$ 2552 per tonne; Dec 22 bid price stands at US$ 2523 per tonne, and Dec 22 offer price stands at US$ 2523 per tonne. The LME aluminium opening stock stood at 1304950 tonnes. Live Warrants totalled 845125 tonnes and Cancelled Warrants were 459825 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2566.41per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to stand...
The London, England headquartered data analytics and consulting company, GlobalData’s research unveils that the rise in bauxite production from mines in Australia (+4.1%) and Guinea (+3.6%) is anticipated to propel upswing in global production by 3.8% in 2021 to 372.8 million tonnes. The resilient outlook follows a pandemic confronted 2020 that still stirred out 1.2% more bauxite production at 359.2 million tonnes than in 2019. Vinneth Bajaj, Associate Project Manager, GlobalData, said: “Over the forecast period (2021-2025), global bauxite production is expected to grow at a compound annual growth rate (CAGR) of 2.2% to reach 406,700 tonnes by 2025.” The resumption of operation at Metro Mining’s Bauxite Hills Mine, which remains halted due to wet season, will support Australia’s bauxite...
A00 aluminium ingot price in China has jumped by RMB 260 per tonne to open the week on Monday, August 23, at RMB 20,360 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,340 per tonne and RMB 20,380 per tonne, with spot contract to be traded at a premium price of RMB 30-70 per tonne. In Hangzhou, the price has increased the highest by RMB 350 per tonne to come in at RMB 20,480 per tonne, followed by a surge of RMB 340 per tonne in Wuxi to RMB 20,455 per tonne. In Shenyang and Chongqing, primary aluminium ingot price has climbed RMB 310 per tonne and RMB 275 per tonne to stand at RMB 20,395 per tonne and RMB 20,415 per tonne, while the price in Tianjin, Gongyi has increased by RMB 250 per tonne and RMB 240 per tonne to settle at RMB 20,370...
The aluminium end-user segment globally revealed some positive news majorly from the building and construction sector. The global leader in the production of low carbon aluminium, Rusal declared it has upgraded the alloy composition for anodized aluminium facade panels and this will enhance the quality of building cladding products supplied to the market. On the other part, the UAE based diversified multinational business conglomerate, Mulk Holdings International associated with Park International Investments, Silver Heights Real Estate to establish Alubond USA LLC. Aluminium cans are the 520th most traded product globally and Germany stands in the topside, as the export destination of aluminium cans. In 2020, the Western European nation, Germany, renowned for its industrialization,...
The global primary aluminium segment remained in the highlights for the complete week, with the largest primary aluminium producer in GCC, Emirates Global Aluminium (EGA), which also ranks among the five top aluminium producers in the world, has refinanced $ 5.5 billion corporate debt to further enhance its capital structure. However, in North Africa at another Gulf nation, Egypt, Bechtel Corporation, one of the most respected engineering, construction, and project management companies in the world have concluded the engineering study for the expansion project of Egypt’s largest aluminium smelter Egyptalum. En+ Group, the largest producer of low-carbon aluminium and the biggest independent hydropower generator, has announced that it has begun the installation of a new impeller at one of...
The Swedish company Azelio will install 20 units for the storage of electricity produced from solar photovoltaic systems in Egypt, as it has received the order from the Egyptian company Engazaat Development S.A.E. It is a part of a project to develop ecological agriculture in Egypt. The renewable energy technology-driven company will deliver 20 storage units for electricity generated from renewable sources for a price of $1.5 million. The contract is with the Egyptian company Engazaat Development, which specialises in the development, implementation and management of infrastructure systems in the water, technology and renewable energy sectors. Azelio aspires to install its ES.POD® units at the project site. It is a system that stores renewable energy in recycled aluminium and provides...
The aluminium recycled sector remained quite spotlighted this week, primarily due to the Tata Motors proposal to build a 36,000 vehicle per year scrapping facility in Gujarat, India came down in a row with the country’s focus to increase domestic scrap metal processing capacity and diminish dependency on scrap imports. On the path, Ball Beverage Packaging’s India unit is diversifying its aluminium cans packaging offering to multiple other segments such as sparkling water, wine and alcoholic drinks i.e. whiskey, rum and vodka to cater for the surge in demand, due to aluminium 100% recycling feature. The recycling of aluminium is gradually becoming crucial in the global aluminium value chain business, as it bars the metal aluminium to be sourced from the excavation of bauxite and shields...
The latest data from the US Census Bureau shows that domestic primary aluminium production in the United States in June 2021 stood at 72,000 tonnes. That reflected a decrease of 3,000 tonnes or 4 per cent from 75,000 tonnes in May. On a year-on-year calculation, the output in June stood 17,000 tonnes or 19 per cent lower than 89,000 tonnes. The average daily production in June was 2,390 tonnes, almost flat compared to 2,410 tonnes in the previous month but 20 per cent less than 2,980 tonnes a year ago. Total aluminium recovered from scrap in June 2021 was 267,000 tonnes, 4 per cent more than 257,000 tonnes in May and 12 per cent than 249,000 tonnes in June 2020. Of this, 141,000 tonnes of aluminium were recovered from new scrap and 127,000 tonnes from old scrap. In June 2021, the average...
In the downstream aluminium sector, some of the notable enterprises received the Aluminium Stewardship Initiative certification this week. To start with, Emirates Global Aluminium (EGA) bagged the ASI Performance Standard Certification for aluminium smelter and casthouse operations and other associated facilities at Jebel Ali plant in the UAE. Having an annual production capacity of more than one million tonnes of aluminium, the facility produces aluminium products in three main categories: high purity and foundry re-melt products, and billets for extrusion and forging, destined for several downstream uses in the electronics, aerospace, automotive, packaging, lithographic sheets, construction, and transportation sectors. To know more:...
LME aluminium cash (bid) price and LME official settlement price recorded a downtrend this week by US$ 75 per tonne. The prices started the week on Monday, August 16, with a surge of US$ 41.50 per tonne to US$ 2,644 per tonne but decreased on the subsequent day, August 17, by US$ 10 per tonne to US$ 2,633 per tonne. On Wednesday, August 18, both LME aluminium cash (bid) price and LME official settlement price further declined to US$ 2,589.50 per tonne and closed even lower at US$ 2,544 per tonne on Thursday, August 19. However, on Friday, the prices edged higher by US$ 25 per tonne to close the week at US$ 2,569 per tonne. 3-months bid price and 3-months offer price also slipped this week by US$ 74 per tonne. On Monday, August 16, the prices stood at US$ 2,626 per tonne, which on the next...
SMM aluminium ingot price saw mixed performance over the week. The week started with a growth of RMB 200 per tonne to stand at RMB 20250 per tonne on Monday, 16 August. The price settled lower at RMB 20230 per tonne on Tuesday. The price on Friday, August 20, stood higher at RMB 20100 per tonne, after declining it on Thursday. The price is expected to move within a range of RMB 20080-20120 per tonne. As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased 2,000 tonnes this week. The stocks came in at 741,000 tonnes as of Thursday, 19 August 2021. The alumina price in China started the week higher at RMB 2644 per tonne on Monday, 16 August 2021, an increase of RMB 13 per tonne. The price...
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The aluminium arm of Brazilian conglomerate Votorantim SA is venturing on a shortfall of the metal which is used producing from beer cans to plane parts. Ricardo Carvalho, Chief Executive Officer, CBA said: “Companhia Brasileira de Aluminio plans to invest 4 billion reals in the next five years as it overhauls and expands operations.” In July 2021, the aluminium company step its foot in the Brazilian bourse after a 1.4 billion-real offering also wants to do deals along the value chain. The growth plans range with CBA’s view that the metal aluminium is approaching a supply deficit as global de-carbonisation efforts foster demand at a time when China is restricting smelting. The metal used which is used to reduce vehicle weight has held up better than most commodities despite the growing...
Alcomet, a manufacturer of aluminium products in Bulgaria, has announced that the company has got green nod for its 1.7 million euro ($2 million) project ALUGREEN (Greener anodizing for cleaner nature) under the Business Development, Innovation and SMEs programme for Bulgaria supported by Norway grants. The programme, which is a part of Norway Grants 2014-2021 financial mechanism, targets to increase value creation and sustainable growth in the Bulgarian business sector. The anodizing project is likely to enhance the company’s competitiveness through the implementation of innovative green processes in Alcomet’s anodizing shop in the northeastern city of Shumen over the next 18 months, SeeNews reported. "The implementation of innovative technical solutions for the main anodizing line and...
According to China Customs data, imports of aluminium ores and concentrates shrank by 15.7 per cent year-on-year in July 2021 to stand at 9.25 million tonnes. That brought the total imports of aluminium ores and concentrates in the first seven months of 2021 to 64.41 million tonnes, down by 7.1 per cent from a year ago. Imports of alumina in July were 50,000 tonnes, up 1939.8 per cent year-on-year. But cumulative imports of alumina year-to-date stood 7.2 per cent lower at 90,000 tonnes. China customs data also found the country’s imports of unwrought aluminium and aluminium products in July amounted to 312,086 tonnes, which was a decrease of 20.2 per cent year-on-year. However, on year-on-year calculation, total imports of unwrought aluminium and aluminium products in the first seven...
Marubeni Corporation, a Japanese integrated trading and investment business conglomerate, has made an announcement on Friday, August 20, about its carbon-neutral aluminium ingot sale in Japan. The Tokyo-based trading house has started selling the product in response to customers’ demand and choice in favour of greenhouse gas (GHG) emissions reduction. A large number of aluminium customers in the transport, packaging, and construction industries are looking to cut their carbon footprint and wanting to source low-carbon material. On Friday, Marubeni started offering the ingot called “Neutr-Al”, which neutralises GHG emissions from bauxite mining, alumina production, aluminium smelting, and transportation to Japan by carbon credits. The credits will be created by GHG reduction and absorption...
Aluminium cans are replacing plastic bottles for packaging in the global beverage and beer industry. Other than aluminium is lightweight and cans make efficient use of space, less transport is usually needed than for plastics, while reduced power is also required to chill drinks in cans, especially in the tropical atmosphere. However, the most vital point for the rise in demand of aluminium cans is the metal's recycling property, which saves 90% of the energy consumed to produce the metal if sourced from mining ore. Hence, aluminium is considered a much more sustainable alternative to plastic. Aluminium cans are the 520 th most traded product globally and Germany stands in the topside, as the export destination of aluminium cans. In 2020, the Western European nation, Germany, renowned for...
