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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South32 published results for the year ended 30 June 2021 (FY21).The Group reported revenue of US$6,337 million for the full year, an increase of 4% from FY20’s revenue of US$6,075. Underlying earnings before interest and tax (EBIT) increased to US$844 million, up 89% from US$446 million in FY20. The Group’s net loss after tax stood at US$195 million, from FY20 net loss after tax of US$65 million. “We delivered a strong operating result, despite the ongoing challenges of COVID-19, achieving record production at Worsley Alumina, Brazil Alumina and Australia Manganese. We also exceeded our initial production guidance at South Africa Manganese, Cerro Matoso and Cannington,” said Graham Kerr, South32 CEO. “Reflecting our strong financial position and disciplined approach to capital...
Three-month LME aluminium edged down 0.50% to close at US$2,563 per tonne on Wednesday, with open interest losing 15,874 lots to 653,000 lots. As of Wednesday August 18, LME aluminium cash (bid) price stands at US$ 2589.50 per tonne, LME official settlement price stands at US$ 2589.50 per tonne; 3-months bid price stands at US$ 2571.50 per tonne, 3-months offer price is US$ 2571.50 per tonne; Dec 22 bid price stands at US$ 2540.50 per tonne, and Dec 22 offer price stands at US$ 2540.50 per tonne. The LME aluminium opening stock stood at 1315125 tonnes. Live Warrants totalled 864700 tonnes and Cancelled Warrants were 450425tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2584.58 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE decreased to...
Hindalco Industries Limited has raised its aluminium products price by more than 1%. With effect from Wednesday, 18 August 2021, aluminium billets and wire rods prices have come in at INR 234,100 per tonne and INR 238,100 per tonne. This is up by INR 2,500 per tonne from INR 231,600 per tonne and INR 235,600 per tonne on August 13. Aluminium ingots price stands at INR 227,000 per tonne on Wednesday, 18 August 2021, which indicates a hike of INR 2,500 per tonne or 1.11% from INR 224,500 per tonne on August 13.. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price stood at US$ 2633 per tonne on August 17 from US$ 2644 per tonne on August 16. Aluminium operations of the company, excluding...
The Russian aluminium giant, Rusal made public that it has improved the alloy composition for anodized aluminium facade panels and this will enhance the quality of building cladding products supplied to the market. However, as part of the project, RUSAL has successfully mastered the production of slabs from an optimized alloy (5005A) at the Bratsk Aluminum Smelter. The alloy is made of low-carbon ALLOW aluminium and will be utilized for the production of facade panels. With this development, RUSAL's partners are adjusting the technology for producing sheets for anodizing aiming to obtain a higher surface quality. The goal of the project is to reduce the percentage of rejections due to issues around the appearance of facade panels and to stabilize the colour shades of the anodic panel...
The New South Wales, Australia headquartered Alpha HPA has signed definitive agreements with Orica Australia, the global leader in mining and civil blasting for the HPA First Project in Gladstone, Queensland. The collaboration implies the supply and offtake of by-products to and from Alpha's First Project and Orica's Yarwun manufacturing facility. The agreement incorporates a supply and offtake deal and a project execution agreement that details the capital investment obligations and the scope for commissioning, reagent and by-product validation trials. Alpha said: “The newly signed agreements secure the commitment by both parties to leverage the process synergies to unlock the value from both of their projects.” The agreement is valid for a 10-year term with an option to extend for...
Operating rate at China’s large aluminium processing enterprises dropped 0.6 percentage point last week ended August 13, attributing mainly to production and transportation disruptions caused by spreading pandemic and power consumption restrictions. Besides, high aluminium prices affected production and orders at processing enterprises. Operating rate at large aluminium plate and strip enterprises fell to 75.4 per cent as producers in Henan were operating at just half of their capacity or closed completely due to severe power shortage. Many producers in Yunnan and Guangxi were also affected by electricity consumption curb and operated at less than half of their capacity. Operating rate at large aluminium wire and cable companies dropped slightly, while on the other hand, large primary...
According to the US Census Bureau data, the United States exported 22,000 tonnes of aluminium plates, sheets and bars to Mexico in May 2021. That was a decrease of 1,900 tonnes or 7.95 per cent from 23,900 tonnes in April. The aluminium plates, sheets and bars exports from the United States to Mexico also decreased in April by 2,600 tonnes or 9.81 per cent from 26,500 tonnes in March. However, on a year-on-year calculation, the United States aluminium plates, sheets and bars exports to Mexico in May 2021 stood up by 59.42 per cent or 8,200 tonnes from 13,800 tonnes. In the first five months of the year, the export volume of aluminium flat rolled products from the US to Mexico totalled 118,000 tonnes, up 9,000 tonnes or 8.26 per cent from 109,000 tonnes during the same period last year....
Aluminium containers are considered as best packing materials in the food industry, as it provides blockade to protect food against light and air and preserves food quality, however it can also be recycled and designed individually according to consumer’s requirements and can also be produced in different sizes and shapes. The landlocked East Alpine country in the southern part of Central Europe, Austria imported 862 tonnes of aluminium containers during 2018-20 and the revenue expended for the import accounted for $7.12 million. Austria imported aluminium containers of 311 tonnes in 2018 and the expenditure occurred for the import was $2.37 million, whereas, in 2019 the import showcased a sharp downfall by 24.75% and the expenditure also fell short to $2.05 million. In 2020, the nation’s...
Arconic, a leading provider of aluminium sheet, plate and extruded product, will expand its Blount County manufacturing operations with more than $100 million investment in Tennessee. The expansion will meet the rising demand for industrial products and can sheet. This will bring 200 new jobs to its Alcoa facility. The investment will support recently announced expanded capacity for manufacturing industrial and can sheet. “This expansion enables Arconic to help meet the strong customer demand for industrial products and can sheet. As consumers are moving away from plastics for more sustainable products, infinitely recyclable aluminum is the perfect solution. We appreciate the state’s continued support which enables us to create more jobs and advance economic growth in Tennessee, where...
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 its hydraulic units at the Bratsk Hydropower Station. The Bratsk Hydropower Station’s 18 hydro-turbine impellers have been undergoing a three-stage modernisation programme. In the first stage, which held during 2004-2010, impellers at hydraulic units 13-18 were replaced that improved the turbines’ energy conversion efficiency to 95.3 per cent, boosting hydropower station’s electric output and resulting in reducing coal plant output and CO2 emissions. From 2014-17, in the second stage, six more impellers were replaced at hydraulic units 6-10 & 12. The remaining six impellers will be replaced in the third stage...
SMM aluminium ingot price increased after registering a drop yesterday. The price grew by RMB 110 per tonne to stand at RMB 20340 per tonne on Wednesday, August 18, from RMB 20230 per tonne on August 17. The price is expected to move within a range of RMB 20320-20360 per tonne today. In Foshan and Wuxi, the price hiked by RMB 160 per tonne and RMB 110 per tonne to stand at RMB 20510 per tonne and RMB 20350 per tonne on Wednesday, August 18. Aluminium prices in Hangzhou and Chongqing stood at RMB 20355 per tonne and 20360 per tonne, an increase of RMB 105 per tonne and 125 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 20305 per tonne, RMB 20350 per tonne, RMB 20350 per tonne, and RMB 20220 per tonne on Wednesday August 18. The Aluminium...
In 1971, the Gulf region's first Aluminum ingot was manufactured at Aluminum Bahrain, hallmarked the inception of industrial diversification that was both courageous and enterprising. Presently, the Gulf region is the hub of some of the largest, ultra-modern, and environmentally friendly aluminium production facilities. However, these primary aluminium producers have built avenues to many downstream industries and a variety of sophisticated ancillary businesses, who accordingly contribute to the region's economic prosperity and strength. The top three aluminium rolling companies in the Gulf region are: MA’ADEN ROLLING GARMCO OARC MA’ADEN ROLLING – SAUDI ARABIA Ma’aden Rolling Company (MRC) is 100% owned by Ma’aden with a production capacity of 460,000 tonnes annually. At present, it...
Three-month LME aluminium shed 1.09 per cent to end at US$ 2,576 per tonne on Tuesday. LME aluminium cash (bid) price and LME official settlement price decreased by US$ 10 per tonne or 0.41 per cent to come at US$ 2,633 per tonne on Tuesday, August 17. 3-months bid price and 3-months offer price decline from US$ 2,626 per tonne to US$ 2,618.50 per tonne. Dec 22 bid price and Dec 22 offer price hovered around US$ 2,580 per tonne, down by US$ 4 per tonne on August 16. LME aluminium opening stock increased from 1312950 tonnes to 1322150 tonnes. Live Warrants stood at 847650 tonnes, while Cancelled Warrants totalled 474500 tonnes. LME aluminium 3-months Asian Reference Price settled at US$ 2,632.44per tonne as of August 17. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE rose by...
Vedanta Limited has increased its aluminium products prices for the third time in a row since last Wednesday, August 11. With effect from August 18, the company’s aluminium wire rod price has come in at INR 235,000-242,500 per tonne, up by INR 2,500 per tonne from INR 232,500-240,000 per tonne on August 13 and by INR 4,000 per tonne from INR 231,000-238,500 per tonne on August 11. Vedanta is selling its aluminium billets price at INR 235,500 per tonne with effect from August 18 compared to INR 233,000 per tonne on August 13 and INR 231,500 per tonne on August 11. Vedanta’s aluminium ingot price has also seen a rise of INR 2,500 per tonne and is currently ranging between INR 227,500-240,500 per tonne as of August 18. On August 13, the price was at INR 225,000-238,000 per tonne. Vedanta...
Monadelphous Group Limited, a leading Australian engineering group providing construction, maintenance and industrial services, has received new contracts worth $200 million to provide construction and maintenance in the resources sector. The company has won new three-year contract with Queensland Alumina Limited to offer general mechanical maintenance services at its operations in Gladstone. It has also secured a 10-month extension to its existing contract with BHP Mitsubishi Alliance for provision of dragline shutdown and maintenance services to its operations in the Bowen Basin. Monadelphous managing director Rob Velletri said, “We are pleased to have secured this work and look forward to continuing to build on our valued long-term customer relationship.” Monadelphous’ fabrication...
The Ghana Bauxite Company (GBC) Ltd. Awaso in the Bibiani-Anhwiaso-Bekwai district in the Western North Region of the country is mounted with tension and disquiet following the decisiveness of pull out by the strategic investor. Bosai Minerals Group from China, the investor which holds an 80% stake in the company, has written to the Government of Ghana concerning its intention to sell its shares and depart. The Chinese mining group has decided to adieu the country apt to the non-renewal of the mining lease of the GBC which expires on 9 th January 2022. <iframe width="500" height="420" src="https://www.youtube.com/embed/iIrljoVB-H8" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture"...
The largest distributor of aluminium extrusion in Indonesia, HK Metals Utama’s revealed that its aluminium sales have grown significantly, amid the Covid-19 pandemic. The 2020 financial statement of the company reflects that throughout the year the aluminium sales surged to Rp 264.11 billion when compared to the previous year's Rp 225.86 billion. Concurrently, until Q1 2021, aluminium sales were still the largest contributor to the Company's revenue of Rp 67.95 billion, however, it decreased to Rp 91.44 billion, when compared to the same period last year. On 16 th August 2021, Jodi Pujiyono, Director and Corporate Secretary of HKMU said: “The (pandemic) still has an impact, but we can consider that aluminium is a sector that is resilient to COVID-19.” He further added: “This was also...
National Aluminium Company Limited (NALCO) has significantly increased its aluminium ingot and aluminium product prices with effect from Tuesday, August 17, following a cut of INR 3,400 per tonne more than ten days ago on August 6. The company’s aluminium ingot price is now ranging between INR 226,850-230,350 per tonne, seeing a hike of INR 5,000 per tonne or 2.25 per cent from INR 221,850-225,350 per tonne. The increase in prices today has brought the company’s aluminium wire rod price to INR 229,350-233,700 per tonne, which is also an increase of INR 5,000 per tonne from INR 224,350-228,700 per tonne on August 6. NALCO is currently selling its aluminium billets at 230,300-232,950 per tonne compared to the last price of INR 225,300-227,950 per tonne. NALCO, like any other Indian...
