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...
Grow with
AL Circle
The global leader in the purchasing, processing and manufacturing of non-ferrous metals, Metal Exchange Corporation has made public that it has acquired Medalco Metals Inc., a US-based distributor of light gauge aluminium rolled products. Medalco, founded in 2003 has successfully positioned itself as a strategic partner serving a diverse customer base in the developing automotive, building and flex, and HVAC markets. However, following the competition of acquisition, Medalco will operate as a division of Metal Exchange Corporation. Dwight Klepacki and Larry Dansky, the co-owners of Medalco initiated considering potential buyers for their organization in early 2022. From the start, there was a strong cultural alignment with Metal Exchange – a factor both parties considered key to the...
According to a report on Wednesday, May 18, the Odisha government has approved a budgetary provision of INR 428.95 crore for the development of a mega aluminium park in Angul. The state cabinet members took the decision at a meeting chaired by Odisha Chief Minister Naveen Patnaik. The objective is to establish an industrial space with world-class infrastructure at a competitive price to attract entrepreneurs to build manufacturing units in the upcoming business park. The development of the park is under focus sector as per Vision 2025 and being monitored under 5T Framework regularly. Besides the budgetary support, the government has agreed to issue a financial scheme – Financial Assistance for Development of Mega Aluminium Park at Angul for IDCO (Odisha Industrial Infrastructure...
Aluminium Stewardship Initiative announced that KOBELCO group (Kobe Steel Group) has joined as the new production and transformation member. Since its inception in 1905, KOBELCO has collaborated with clients to develop and deliver goods that suit their needs while also advancing society. KOBELCO is involved in a wide range of businesses like aluminium, welding equipment, steel and other advanced materials. “As one of the few manufacturers that provides both steel and aluminum products, Kobe Steel has been operating its business globally. The aluminum-related business is growing in Japan and other Asian countries as well as in North America. As a member of ASI, our company will support the initiative to drive transformation for the global aluminum industry with the aim of contributing to...
Constellium SE, the global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications is coming to terms with Morf3D, a subsidiary of Nikon Corporation for an additive manufacturing development program using Aheadd CP1 aluminium powder, Constellium’s proprietary additive manufacturing (AM) powder solutions. Alireza Arbab, the Head of Additive Manufacturing for Constellium, “We are very excited to partner with Morf3D, a leading company in additive manufacturing, on the qualification and development of applications using our Aheadd® CP1 aluminium powder.” “Constellium recognized a gap in aluminium powder options for Laser Powder Bed Fusion (LPBF) and has developed new powders specifically for this AM process. We are confident that...
Equispheres AlSi10Mg powders have been certified by Trumpf for use in its TruPrint 3000 line of 3D printers, with two-parameter sets to be provided. Equispheres' aluminium materials may achieve a 13 per cent quicker build rate than ordinary aluminium powder with a standard parameter set. As per the certification, it may also achieve a 33 per cent faster throughput with a 'productivity' parameter set. Both parameter sets are stated to have tensile qualities that are similar to ordinary aluminium powders. Equispheres aluminium powders are made using a technique that produces spherical, very homogeneous particles. The business raised tens of millions of dollars in 2020 to assist the development of its materials, with commercial-scale reactors coming online this year to satisfy growing...
Hindalco Industries Limited has continued to increase its aluminium products and aluminium ingot prices as the global aluminium benchmark price on the London Metal Exchange rallies back-to-back. With effect from Wednesday, May 18, Hindalco’s aluminium wire rod price has experienced a sharp rise of INR 10,500 per tonne or 4.12 per cent to INR 265,100 per tonne. On Saturday, May 14, the price saw an increase of INR 2,250 per tonne to INR 254,600 per tonne. Hindalco’s aluminium billets price has also been raised by INR 10,500 per tonne, with effect from May 18, from INR 257,600 per tonne to INR 268,100 per tonne. Aluminium ingot price is no exception but also been raised by INR 10,500 per tonne to INR 254,000 per tonne. From May 13 to 17, the LME aluminium benchmark price hiked by US$113 per...
Bahrain’s M-o-M exports of aluminium crude metals and alloys to the United States for February 2022 had dropped by 48,460 tonnes or 83.26 per cent from 58,200 tonnes in January 2022. The amount for February 2022 closed at 9,740 tonnes. On an M-o-M scale in January, the price had escalated by 28,600 tonnes or 96.62 per cent, from 29,600 tonnes in December 2021. The total amount of aluminium crude metals and alloys imported by the United States in February 2022 closed at 262,000 tonnes which on an M-o-M calculation plummeted by 81,000 tonnes or 23.61 per cent from 343,000 tonnes in January 2022. In January, a surge of 27,000 tonnes or 8.54 per cent was recorded from 316,000 tonnes in December 2021. From January to December 2021, 3,630,000 tonnes of aluminium crude metals and alloys were...
Vedanta Limited has further raised its aluminium products and aluminium ingot prices, with effect from Tuesday, May 17, in response to back-to-back LME aluminium price hike this week. As per the revised prices revealed, Vedanta has expanded its aluminium billet price by INR 5,750 per tonne or 2.29 per cent to sell the product at INR 257,000 per tonne. On Saturday, May 14, the price stood at INR 251,250 per tonne, seeing an increase of INR 2,000 per tonne from the previous day. Vedanta’s aluminium wire rod price has also experienced a rise of INR 5,750 per tonne, with effect from May17, to range between INR 256,500 – 264,000 per tonne versus INR 250,750-258,250 per tonne on May 14. Vedanta has increased its aluminium prices in tandem with the LME aluminium benchmark price rally by US$103...
The Netherlands ranks as the 10 th leading exporter in the world with its foodstuffs sector is one of the country's largest industries, while other substantial industries include metallurgy, energy, chemical, trade, machinery, electrical goods and services, and tourism. Aluminium profiles are typically used in structural applications. Generally, there are three types of profiles according to their use: construction, architectural, and industrial. Aluminium bar rods find wide usage in many applications such as forging and rolling. The most competitive economy in Europe, the Netherlands and also it is the fourth in the world according to the World Economic Forum exported 329,926 tonnes of aluminium bar rods and profiles during 2019-2, attracting revenue earnings of around $1.12 billion from...
According to the Shanghai Metals Market data, the average operating rate across aluminium processors in China grew by 1.3 percentage points week-on-week to stand at 58.6 per cent last week ended Friday, May 13, driven by the resumption of operations after the Labour Day Holiday. But compared to the week prior to the Labour Day holiday, the aluminium processors operating rate recorded a downfall of 6 percentage points. Due to the hard-hit on domestic automobile manufacturing industry caused by the COVID-19 pandemic, the demand for automotive alloy and industrial extrusion has fallen short of expectations but likely to recover driving the production across aluminium processing enterprises with operation resumption across auto makers in Jiangsu, Zhejiang, and Shanghai. The average operating...
Granges, the aluminium technology company driving the development of lighter and more sustainable aluminium products and solutions reported a fire incident on 13th May 2022 in the newly built cold rolling mill currently under commissioning in Konin, Poland production facility. The management declared that no one got injured, but the fire resulted in damage to production equipment. However, the outlook for the second quarter remains unchanged. Konin's current production capacity and short-term outlook are unaffected by the damaged equipment since the damaged equipment is not yet in production. Accordingly, the current production level in Konin can be sustained. Despite this, the volume ramp-up originally slated for the second half of 2022 will now be delayed until 2023. The event will be...
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. A lot of companies like Hydro extrusion Suzhou, Alumex PLC, and the Hindalco Hirakud-FRP plant received their ASI certifications. Apart from this, Novelis reported record net sales of US$17.1 billion in FY2022, boosted by 3.858 Mt of aluminium FRP exports. Novelis Inc., the world’s leader in aluminium rolling and recycling, has announced its fourth-quarter and full-year results for the financial year 2022. It has mentioned in the report a Y-o-Y hike of 21 per cent in net income from continuing operations for the quarter ended March 31 to $217 million, supported by record shipments of 987,000 tonnes compared with 983,000 tonnes during the same period last year. To know...
The 2022 annual general meeting of the Australian Aluminium Council (AAC) voted Capral CEO, Tony Dragicevich to the AAC board, replacing one of two previously empty positions. This action will give prominence to Capral’s image in the Australian Aluminium Council, the prime authority associated with the Australian aluminium industry. The Council members belong to various active organisations working along the infinite industrial sectors forming the Australian Industry value chain, including bauxite mining, alumina refining, high purity alumina (HPA) production, and aluminium metal alongside manufacturing and distributing semi-fabricated aluminium products. “It is a great honour to be elected to the Australian Aluminium Council Board of Directors and I look forward to working alongside the...
US aluminium plates, sheets and bars imported from China in February 2022 settled at 16,400 tonnes. On a month-on-month calculation the quantity dropped by 1,200 tonnes or 6.81 percent from 17,600 tonnes in January 2022. On the other hand, for January 2022 a surge of 600 tonnes or 3.52 percent was recorded from 17,000 tonnes in December 2021. The total amount of aluminium plates, sheets and bars imported by the United States for February totalled at 107,000 tonnes, which on a m-o-m calculation nosedived by 5,000 tonnes or 4.46 percent from 112,000 tonnes in January 2022. A surge of 3,000 tonnes or 2.75 percent was recorded on a m-o-m forefront in January 2022 from 109,000 tonnes in December 2021. From January to December 2021, a total of 1,290,000 tonnes of US aluminium plates, sheets and...
Hindalco Industries Limited has finally raised its aluminium ingot and aluminium products prices, with effect from Thursday, May 12, after more than two weeks of back-to-back cuts for the LME aluminium price fall. Now, the company is selling its aluminium billets price at INR 258,600 per tonne versus INR 253,850 per tonne on May 11. That’s an increase of INR 4,750 per tonne or 1.87 per cent in a day. Hindalco’s aluminium wire rod price also saw a growth of INR 4,750 per tonne on May 12 from INR 250,850 to INR 255,600 per tonne. Aluminium ingot price was no exception but witnessed a rise of the same amount to reach INR 244,500 per tonne. On Wednesday, May 11, Hindalco’s aluminium ingot price stood at INR 239,750 per tonne. As Hindalco links its aluminium prices to the three-month futures...
On May 12, China’s domestic aluminium billet inventory surged by 10,100 tonnes or 7.84 per cent W-o-W to halt at 138,700 tonnes, said SMM. Lower conversion margins may in the future, entice purchasers. After the epidemic was brought under control, the market mood improved. As a result, inventories of aluminium billets may fall next week. The figure below provides further information on the current state of aluminium billet inventories in China: As of May 12, the inventory in Foshan hiked by 9,500 tonnes to peg at 80,000 tonnes. Demand was hindered by high conversion margins. Large volumes of aluminium billets were supplied to Foshan due to active production restart of aluminium smelters in Yunnan, driving up local inventories. On the other hand, the inventory in Wuxi declined by 3,600...
Hydro’s aluminium extrusion plant in Suzhou is the company’s first Aluminium Stewardship Initiative (ASI) performance standard-certified aluminium extrusion firm in China. The firm located in Shanghai's Suzhou Industrial Park roughly employs 350 workers and has undergone multiple expansion projects, the most recent of which is a NOK 390 million investment, since its inception in 2004. When it opens in mid-2023, the new extrusion press will service China's automotive and electric vehicle markets and create roughly 75 new jobs. The ASI certification encourages responsible production, sourcing, and handling of aluminium. It also covers the plant's extrusion operations, die shop, anodizing process, and value-added processes. “This is really something special for the team. It reflects...
Manaksia Aluminium announced its financial results for the period ending March 31, 2022. As per the data, the firm earned a total income of INR 128.9419 crores on March 31, 2022. On a Q-o-Q comparison, the price went down by 1.16 per cent from INR 130.4571 crores for the quarter ended December 31, 2021. The company’s net profit / (loss) for March 31, 2022, suffered a loss of 28.67 per cent, from INR 2.5125 crores for the quarter ended December 31, 2021. The amount for March 31, 2022, had settled at INR 1.7920 crores. The company's earnings per share (EPS) for March 31, 2022, was INR 0.27, compared to INR 0.38 for the quarter ended December 31, 2021. On a Y-o-Y comparison, the amount recorded for the year ending March 31, 2022, settled at INR 128.9419 crores compared to INR 90.1499 crores...
