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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Australian small satellite developing company and IoT services provider Fleet Space has approached Japan-based Konica Minolta to provide additive manufacturing units from 3D Systems, a Carolina-based technology company for the betterment of its onshore manufacturing ability. Konica Minolta 3D printers can manipulate aluminium for the precise design of products. Konica Minolta and 3D Systems were urged to develop a build strategy to prove the abilities of the DMP350, primarily if it can meet the customer demand and the quality of the aluminium part manufactured. Aluminium is a lightweight metal with superior flexibility, excellent strength, and impressive thermal properties. Because of these properties, it has become the primary metal used in 3D printing. Like no other metal 3D printer,...
AMAG, a leading Austrian premium provider of the cast and rolled aluminium products, received the Platinum medal after passing an extensive audit by EcoVadis, achieving the highest rating possible, followed by the “Gold Star” certification in 2020. It ranked AMAG among the top 1 per cent of all businesses evaluated in the industrial category of precious and non-ferrous metals based on its sustainability performance. EcoVadis is the owner of an internationally renowned, independent sustainability and CSR (Corporate Social Responsibility) assessment platform. This EcoVadis ranking is based on a total of 21 factors in the four categories of ethics, labour and human rights, the environment, and sustainable procurement. Quantitative goals for energy use, greenhouse gas emissions, the effect of...
Vedanta Limited has finally increased its aluminium products and aluminium ingot prices after reducing them ceaselessly since June 11. With effect from Wednesday, June 22, Vedanta’s aluminium billet price has come in at INR 237,500 per tonne, up by INR 4,000 per tonne from INR 233,500 per tonne on May 18. Vedanta’s aluminium wire rod price has also been heightened by INR 4,000 per tonne to sell the product at INR 236,000-243,500 per tonne. On May 18, the company’s aluminium wire rod price stood at INR 232,000-239,500 per tonne after being slumped by INR 2,250 per tonne from 234,250- 241,750 on June 17. Vedanta’s aluminium ingot price has come in at INR 228,500-261500 as of June 22, also up by INR 4,000 per tonne from INR 224,500-257,500 per tonne on June 18. Vedanta Limited links its...
As per USGS data, the United States imported 545,000 tonnes of aluminium crude metals and alloys from Canada in 1Q2022, which recorded a Y-o-Y downfall of 22,000 tonnes or 3.88 per cent from 567,000 tonnes in 1Q2021. In 4Q2022, the amount of aluminium crude metals and alloys imported from Canada settled at 664,000 tonnes, which on a Q-o-Q calculation reflected a plunge of 119,000 tonnes or 17.92 per cent in 1Q2022. In March 2022, the amount of aluminium crude metals and alloys imported from Canada by the US settled at 183,000 tonnes, up by 14,000 tonnes or 8.28 per cent M-o-M, from 169,000 tonnes in February. On the other hand, a plunge of 25,000 tonnes or 12.88 per cent was recorded in February from 194,000 tonnes in January. On a Y-o-Y calculation, a huge drop of 33,000 tonnes or 15.27...
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices this week, which as per the data has drifted lower after back-to-back cuts on June 17 and June 18. As of June 21, Hindalco has slashed its aluminium wire rod price by INR 1,250 per tonne or 0.52 per cent to INR 234,600 per tonne, following a plunge of INR 2,250 per tonne to INR 235,850 per tonne on June18. Hindalco also axed its aluminium billets price by INR 1,250 per tonne on June 21 to sell the product at INR 237,600 per tonne. On June 18, the company was selling its aluminium billets at INR 238,850 per tonne, down by INR 2,250 per tonne from the previous day. Aluminium ingot price has also witnessed a drop of INR 1,250 per tonne or 0.55 per cent to peg at INR 223,500 per tonne, as against INR...
The aluminium technology company, Gränges which drives toward more sustainable aluminium products and solutions has manifested to raise its sustainability ambition and eyes to become climate neutral by 2040. Now as a part of its responsibility, Gränges commits to set science-based targets through the Science-Based Targets initiative (SBTi) and re-commits to the goals of the Paris Agreement. Over the previous five years, Gränges has delivered robust progression towards enterprising sustainability targets. The total carbon emissions magnitude has been diminished by 19 per cent versus baseline 2017, which peers to an annual slash rate of 5 per cent. The emission reduction has primarily been driven by increased circularity, and recycled volumes more than tripled in the same period....
AlCircle has come up with its latest sector focus report 2022, titled "The World of Aluminium Extrusions - An industry analysis with forecasts to 2027," which focuses on the expected production capacity, output and consumption across regions, applications across end-user industries and trade dynamics. The year 2022 brought with it a new era of optimism and ambition for the aluminium extrusion sector. 2022 witnessed the industry’s revival and recovery from its lost position in the market, which was affected by the pandemic. The report suggests that the global aluminium extrusion usage is expected to reach 31.8 million tonnes by 2022 and expand further at a rate of around 3.8 per cent per annum over the next five years, reaching 38.4 million tonnes by 2027. The building and construction...
Etem Gestamp aluminium extrusions and Gestamp Etem Automotive Bulgaria S.A., both of them joined Aluminium Stewardship Initiative (ASI) as its new Industrial Users member. Etem Group and Gestamp Group have been working together to form a joint venture focusing on the extrusion and processing of aluminium profiles for the automobile sector since 2019. With this, both companies are planning to encourage the development of more sustainable aluminium industry in the future. With more than 50 years of expertise and constant presence in the design and manufacture of aluminium profiles, Etem Group is a market leader in aluminium extrusion. Etem was the first integrated designer and manufacturer of aluminium systems in Greece and is now one of the most well-known in SE Europe. ETEM grew into an...
In the Aluminum Association's definition, sheet aluminium is defined as being 0.008 inches thick to less than 0.25 inches thick. The thinnest aluminium is foil, 0.250 inches thick and the thicker aluminium is plate. Strips are sheets that are machined into units with smaller widths for specific uses. According to an overview by World Bank, slowly but surely, Iran's economy is emerging from a decade of stagnation due to two rounds of economic sanctions, oil price cyclicality, and the COVID-19 pandemic. In 2020/21, real GDP almost reached the level of 2010/11, and real GDP per capita fell to its 2004/05 level. The resurgence of the global and domestic activity in 9M-21/22 led to 5% year-on-year growth in the oil and service sectors (respectively 11.7% and 6.5% growth). The Western Asian...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. To begin with, for the week, the Vietnam Ministry of Commerce announced the results of the second examination of anti-dumping measures imposed on certain Chinese aluminium imports. While in Europe, AMAG, the leading Austrian premium provider of the high-quality cast and rolled aluminium products, received recognition from the Vienna Stock Exchange Prize jury for the fifth time. The second evaluation of anti-dumping measures imposed on selected Chinese aluminium goods has been announced by the Ministry of Industry and Trade (MoIT). As a result, the anti-dumping duties on items with the codes 7604.10.10, 7604.10.90, 7604.21.90, 7604.29.10, and 7604.29.90 will be...
On Thursday, June 16, China’s aluminium billet inventories nosedived by 21,100 tonnes to settle at 118,900 tonnes W-o-W across five major consumption areas. The social inventory, on the other hand, was dragged down by strong replenishing demand with lowering aluminium prices. In Wuxi, Changzhou, and Huzhou, the downstream purchased on-demand, are resulting in destocking. Apart from improving demand, the market will be watching the effects of the aluminium promise controversy. Inventory levels in Foshan plunged the highest by 13,300 tonnes to close at 66,900 tonnes, from 80,200 tonnes a week ago. In Changzhou and Huzhou, a drop of 1000 was recorded to settle at 12,700 tonnes and 20,000 tonnes, respectively. On a W-o-W calculation, a drop of 5,000 tonnes was witnessed in Nanchang, to halt...
The development of cutting-edge technologies, precise market positioning, and valuable customer research has driven the demand for aluminium bar rods and profiles at a high speed. The increase in the demand for aluminium profiles in the Croatian construction and building sector has given a chance to aluminium extruders to export bar rods and profiles to this country. Aluminium is extensively used in building due to its inherent properties of lightness and corrosion resistance. According to the analyst, Croatia's construction industry will grow by 7.8% in real terms in 2021, up from 4.5% earlier this year. Civil engineering and building construction, which grew strongly in Q2 2021, was largely responsible for the upward revision. The nation at the crossroads of Central and Southeast...
Vedanta Limited cuts its aluminium products and aluminium ingot prices, with effect from Friday, June 17, marking the third consecutive fall of prices since June 11. The company’s aluminium billet price has seen a deduction of INR 7,750 per tonne or 3.18 per cent to INR 235,750 per tonne as of June 17. The price on June 14 was at INR 243,500 per tonne, seeing a downfall of INR 8,000 per tonne. Vedanta’s aluminium wire rod price also experienced a cut of INR 7,750 per tonne to INR 234,250- 241,750 per tonne, as against INR 242,000- 249,500 per tonne after losing INR 8,000 per tonne on June 14. Aluminium ingot price is no exception but seen a decline to 226,750- 259,750 per tonne, from INR 234,500- 267500, as shown by Vedanta’s latest price chart. Vedanta Limited links its aluminium ingot...
The leading Austrian premium supplier of high-quality cast and rolled aluminium products, AMAG, since its IPO launch in 2011 has been dedicated to transparent and full-scale reporting on the company's economic, environmental and social issues. AMAG's stakeholder report has become more informative and engaging in recent years as the organization has developed its structure and content. It has been a delightful moment for AMAG, as all the above-mentioned efforts have now been recognised by the Vienna Stock Exchange Prize jury for the fifth time. However, the aluminium supplier to a wide range of industries won first place in 2021 and this year the company secured third place in the Mid Cap category, i.e. among those companies with mid-market capitalisation. The pivotal aspects for the...
Egypt Aluminum Company, more popularly known as Egyptalum, the largest aluminium producer in Egypt and one of the largest in Africa, is contemplating revamping its current plant in a bid to enhance production efficiency of equipment and maintain the output capacity at 320,000 tonnes per annum. The news came on June 12 after a statement was filed to the Egyptian Exchange (EGX), saying that the cost to be involved in the development of the plant is not yet determined. As per the report, study has found the development of the seventh production line is feasible, provided the cost of the kilowatt-hour is 58 piasters. In early May, Egyptalum had reported a profitable first nine months of the fiscal year ended March 31, 2022. The company achieved a net profit after tax of EGP 1.68 billion...
Capral Aluminium, one of Australia’s leading providers of aluminium products and associated services, has joined the Aluminium Stewardship Initiative, aiming at achieving ASI Performance Standard and Chain of Custody Standard certifications for its operations by mid-2024. As per the report, the company has joined as a Production and Transformation member, representing the first aluminium extruder in Australia to join ASI. Michael OKeefe, General Manager of Marketing & Technology and head of Sustainability at Capral Aluminium says the company has realized the importance of being acknowledged by the leading industry benchmarks. Certifications from ASI will help them meet sustainability commitments with transparency and credibility, which is fundamentally important for customers and end...
The European leader in the manufacture and sale of aluminium rolled products to diverse industries worldwide, Aluminium Duffel (The Belgian rolling mill in Duffel near Antwerp) will pursue to functionalize under the ownership of American Industrial Partners (AIP) from 14 th June 2022. Aluminum Duffel's history can be traced back to 1946 when the Feron family founded the aluminium rolling mill. Currently, it is the leading manufacturer of aluminium rolled products for various industries, such as Architecture & Design and ABS (Automotive Body Sheet). The company aims to be a leading rolling mill that offers customers low-carbon aluminium products. Geert Vannuffelen, the General Manager of the Aluminium Duffel said: “Today marks a milestone in our company’s history. We are looking forward to...
The second evaluation of anti-dumping measures imposed on selected Chinese aluminium goods has been announced by the Ministry of Industry and Trade (MoIT). As a result, the anti-dumping duties on items with the codes 7604.10.10, 7604.10.90, 7604.21.90, 7604.29.10, and 7604.29.90 will be reviewed. On September 28, 2020, MoIT announced the decision to levy anti-dumping taxes of 2.49 per cent to 35.58 per cent on selected aluminium goods originating in China. In January 2019, the government launched an inquiry into the anti-dumping case. The aluminium industry in the United States was determined to be harmed as a result of the study. The Ministry of Industry and Trade is the Vietnamese government ministry in charge of industry and trade advancement, promotion, governance, regulation,...
