Constellium SE has raised its full-year financial outlook after reporting stronger earnings across its major aluminium businesses, supported by improved aerospace demand, favourable pricing and product mix, and robust recycling performance. However, lower shipments across parts of its portfolio highlight an uneven recovery in end-market demand. The Paris-based aluminium products manufacturer reported its third-quarter and nine-month financial results on October 28, 2026, with profitability improving despite a slight decline in overall shipment volumes. The company also reported record quarterly adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA). Constellium's Q3 2026 revenue and earnings climb Constellium generated revenue of USD 2.64 billion in the third...
50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an interactive session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also met the...
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As a structural metal, aluminium is used for its toughness, high strength, lightweight, and corrosion resistance. Due to its high strength-to-weight ratio, aluminium is almost as strong as steel at a fraction of the weight. Thus, aluminium alloys are commonly used in skyscrapers and high-rise structures. In 2020, Italy ranked as the 4 th largest exporter of aluminium structures in the world and during the same year, it was the 151 st most exported product of the country. Since Italy relies heavily on Russian gas imports, it is one of the most vulnerable non-eastern countries in the Eurozone to the war in Ukraine. Italy exported 249,055 tonnes of aluminium structures during 2019-21, attracting a revenue inflow of $2.64 billion from the export. In the hands of the architect, aluminium...
The downstream segment of the aluminium industry derives its major raw material from the primary sector and is considered the most vital part of the industry. This week, the global aluminium downstream segment witnessed limited but strong events. To begin with, on June 29, Hindalco Industries announced that its board had approved an investment of INR 71.50 lakh in the equity share capital of Cleanwin Energy SIX. Kaiser Aluminum Warrick aims to expand its campus to house a new coat line in Newburgh. It is one of the largest makers of aluminium coated coil for the packaging market in North America. The largest integrated aluminium company in Romania and Europe, ALRO S.A., announced the installation of a brand new, cutting-edge 7" press extrusion machine at its downstream subsidiary, Vimetco...
Kaiser Aluminum Warrick, one of the biggest producers of aluminium coated coil for the package business in North America, is planning to expand its campus to house a new row coat line in Newburgh as part of an estimated $200 million investment in the business. The main aim of this expansion is to delve more deeply into the coating sector. The new structure will have a 100-foot-tall ceiling beneath a 665-foot-long line. A 12-mile coil could be coated with the new coating process in 20 minutes. The 24/7 factory will be able to considerably raise output levels with this expansion as they focus on the coating business. “This coating line is going to be one of the largest in North America, and it doesn’t actually grow our total volume out of the plant. We shift our volume into a higher margin...
ElvalHalcor earned two honours as part of the Bravo Sustainability Dialogue & Awards, which took place in the Old Parliament House from June 21 to June 23. ElvalHalcor submitted a total of five activities for consideration, out of which the jury selected the two mentioned below: Sustainable certification for the manufacturing of rolled aluminium products by the ASI Performance Standard and the ASI Chain of Custody Standard of the ASI. (Pillar: Governance-Market; Theme: Value Chain Management.) Recycling of aluminium, copper, and copper alloys (Ecosphere Pillar/Subtopic: Waste Management and Circular Economy). Bravo Sustainability Dialogue & Awards identified ElvalHalcor’s devotion to implementing ethical business practices and its adherence to the Sustainable Development principles. The...
On Thursday, June 30, China's stockpile of aluminium billets closed at 106,400 tonnes, down by 5,200 tonnes W-o-W across three major consumption areas, from 111,600 tonnes on June 23. Since mid-June, there has been a decrease in the stockpile of aluminium billets, which slowed down quickly after the controversy of repeated promise. The onset of the seasonal low also made downstream demand much weaker. Future destocking of aluminium billet inventories is anticipated to be slower and might perhaps marginally increase. The figure below provides further information on the current state of aluminium billet inventories in China: As per the SMM data, aluminium billet inventories in Wuxi and Huzhou has increased by 4,400 tonnes and 1,000 tonnes to peg at 20,700 tonnes and 21,000 tonnes. In Foshan...
During the first quarter of 2022 (1Q2022), the United States imported 93,300 tonnes of aluminium crude metals and alloys from the United Arab Emirates (UAE), which heightened by 15,500 tonnes or 19.92 per cent Y-o-Y, from 77,800 tonnes in 1Q2021. As per the USGS statistics, on a Q-o-Q calculation, a dropdown of 8,100 tonnes was recorded in 1Q2022 from 101,400 tonnes in 4Q2022. In March 2022, UAE exported 37,600 tonnes of aluminium crude metals and alloys to the United States, which hiked by 13,500 tonnes or 56.01 per cent from 24,100 tonnes in February. In contrast, February witnessed a plunge of 7,500 tonnes or 23.73 per cent from 31,600 tonnes in January. In March 2022, the United States imported 37,600 tonnes of aluminium crude metals and alloys from UAE, which on a Y-o-Y calculation...
On 29 th June 2022, the world’s largest aluminium rolling company, Hindalco Industries made public that its board has delivered a green signal to invest INR 71.50 lakh in the equity share capital of Cleanwin Energy SIX. The total cost of acquiring a 26 per cent stake in Cleanwin Energy SIX is INR 71,50,000. The company said that its initial equity contribution was made on 30 th May 2022. According to the firm, it will continue to update details of the project at a later date. According to Hindalco Industries, it is exploring options for reducing energy costs, among which is open access to renewable energy generators on a captive basis. It appears that this company intends to invest in Cleanwin Energy SIX, a wind generator. Cleanwin Energy SIX was incorporated on 1 st December 2021and...
Headquartered in Rochdale, UK, Precision Technologies Group (PTG) is yet to launch its series of Powerstir dual weld-head friction stir welding (FSW) machines after the success of their dual-head FSW machines released about two years ago. Designated especially for applications in mass manufacturing of automotive battery tray floor assemblies from extruded aluminium panels, PTG’s dual-head FSW machines were a big hit among the electric vehicle OEMs sector. The company’s dual weld-head method is beneficial for skate chassis manufacturers and guarantees a compact weld-flatness during the construction of the battery tray floor. A compact weld-flatness tolerance of the battery floor is necessary since the battery must sit perfectly clasped within its housing and the PTG dual weld-head method...
Rheinmetall, along with KPSNC, its Chinese joint venture, has bagged a new order for chassis parts destined for an electric SUV made by a new player in the mobility sector. The order value for this is expected to be around €42 million. One of the top manufacturers of lightweight aluminium components is Rheinmetall, which has production sites in both Germany and China under its business unit Castings. Amid the incoming order placed in mid-April 2022, the first pieces are scheduled for an October 2022 delivery. January 2024 marks the start of series production. A total of eight years are allotted for the project. The parts will be made at the Guangde facility in China's Anhui province in accordance with the "local for local" tenet. In response to a formal request for bids, Rheinmetall...
Vedanta Limited has expanded its aluminium products and aluminium ingot prices, with effect from Tuesday, June 28, by INR I,500 per tonne or 0.65 per cent. That has brought the company’s aluminium wire rod price to INR 231,000-238,500 per tonne from INR 229,500-237,000 on June 25. Vedanta’s aluminium billet price has come in at INR 232,500 per tonne, as against INR 231,000 per tonne on the previous day. Aluminium ingot price is standing at INR 223,500-256,500 per tonne versus INR 222,000-255,000 on June 25. Vedanta Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which built up by US$17 per tonne to stand at US$2,453 per tonne on June 27 from US$2,436 per tonne on June 24. Vedanta’s aluminium business...
The United States exported 62,200 tonnes of aluminium plates, sheets and bars to Canada in the first quarter of 2022 (1Q2022), which declined by 16,200 tonnes or 20.66 per cent Y-o-Y from 78,400 tonnes in 1Q2021. On a Q-o-Q calculation, a dropdown of 6,200 tonnes or 9.06 per cent was recorded in 1Q2022 from 68,400 tonnes in the fourth quarter of 2021 (4Q2021). In March 2022, Canada imported 23,000 tonnes of aluminium plates, sheets and bars from the United States, which M-o-M hiked by 3,200 tonnes or 16.16 per cent from 19,800 tonnes in February. In February, a surge of 400 tonnes or 2.06 per cent was recorded from 19,400 tonnes in January. As per the USGS data, a Y-o-Y comparison shows a downfall of 6,700 tonnes or 22.55 per cent in March 2022, from 29,700 tonnes in March 2021. The...
One of the biggest integrated aluminium companies in Romania and Europe ALRO S.A. publicized that its downstream in charge with the extrusion business subsidiary, Vimetco Extrusion, accomplished the installation of a new state-of-the-art 7" press extrusion line, following an investment of approximately EUR 10 million. The project was initiated in March 2021 and Vimetco Extrusion has just successfully tested the new equipment by extruding the 1st billets on this line. However, this new installed automatic extrusion line for aluminium profiles is the third one for Vimetco Extrusion. The new press line sustains Vimetco Extrusion's strategy to upgrade its manufacturing capacity for high-value-added aluminium products, consequently, delivering to its customers a sizable portfolio of customized...
Aluminium Bahrain (Alba) chairman, Shaikh Daij Bin Salman Bin Daij Al Khalifa, has reportedly invited German companies to open their manufacturing units and businesses at a 472,000 square metre Aluminium Downstream Park in Bahrain. The business park in the vicinity of Alba campus, led by the Ministry of Industry, Commerce and Tourism, aims to provide proper infrastructure for the establishment of downstream sector to attract local and foreign investments. While urging this at the 25th Arab-German Business Forum on June 21-23, Alba Chairman highlighted the close ties between Bahrain and Germany, of which Alba is the standing example. He said, Five decades and counting, Bahrain has forged close ties with Germany in the fields in trade and investment, and Alba is a great tangible example of...
On June 24, Aluminium Stewardship Initiative (ASI) announced the joining of Jiangsu Alcha Aluminium Group Co., Ltd as its new production and transformation division member. ASI is an industry-led programme which aims to advance sustainability along the whole value chain for aluminium. Jiangsu Alcha Aluminium Group Co., Ltd. ("the Company" or "Alcha"), a provider of comprehensive solutions for various types of heat transfer systems and an integrated clean technology solutions provider, was founded in 1987. It is an advanced manufacturing enterprise specializing in new materials and precision machinery manufacturing. With a floor space of over 240,000 square metres, a building area of roughly 100,000 square metres, total assets of RMB 6 billion, and registered capital of RMB 796 million,...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. This week, the downstream sector witnessed a lot of ups and downs with a satisfactory note in the end. To begin with, Gränges, the aluminium technology company, is making conscious efforts to improve its sustainability goal and seeks to become climate neutral by 2040. Apart from this, England’s Darren Taylor Holdings acquired the fifty years old Dorset Aluminium, with the former claiming there will be no alteration in the company’s operations. The other news which created significant impact was the news of AMAG attaining the Platinum medal award by EcoVadis. Under the market forefront, on June 21, Hindalco depleted their aluminium rod prices and aluminium...
On Thursday, June 23, China’s aluminium billet inventories nosedived by 7,300 tonnes across three major consumption areas W-o-W to halt at 111,600 tonnes, from 118,900 tonnes a week before. Due to risk aversion following the recent aluminium ingot collateral controversy, certain billets were moved to different warehouses. The destocking process was sped up by an upstream restocking surge following a decline in aluminium prices. The stockpile of aluminium billets is anticipated to continue its decreasing trend throughout the next week. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Foshan plunged by 6,700 tonnes to score at 60,200 tonnes from 66,900 tonnes a week ago. In Nanchang, the inventory slipped by 1,300...
According to the latest data reported by the US Geological Survey, the United States’ aluminium crude metals and alloys imports from Argentina in the first quarter of 2022 (1Q2022) closed at 45,600 tonnes. However, on a Y-o-Y calculation, a surge of 282,200 tonnes or 162.06 per cent was recorded in 1Q2022. The amount for 1Q2021 closed at 17,400 tonnes. On a Q-o-Q calculation, a hike of 20,690 tonnes or 83.05 per cent was recorded in 1Q2022 from 24,910 tonnes in 4Q2022. The United States imported 23,300 tonnes of aluminium crude metals and alloys from Argentina in March 2022, which reflected M-o-M growth of 13,560 tonnes from 9,740 tonnes in February. On the other hand, in February, a drop of 2,760 tonnes or 22.08 per cent was recorded from 12,500 tonnes in January. In March 2022, the...
The Dorchester, England-based aluminium products manufacturer that was founded more than 50 years ago, has been reported sold out for an undisclosed amount. The aluminium products-making company located on Poundbury Road is acquired by Shaftesbury-based Darren Taylor Holdings. Founded in 1971, Dorset Aluminium provides in-house manufacturing, metal spinning, and finishing services. The company currently employs 30 people. In the midst of the pandemic, Dorset supplied essential components required in the Covid testing machines. With an annual turnover of around £1.5 million, it was previously owned by Tim Perry, who retired in 2007 and Noel Hope. However, Hope will remain in the business as managing director. According to Darren Taylor Holdings, there will be no change to the running of...
