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
On May 11, Novelis, a wholly-owned subsidiary of Aditya Birla Group firm Hindalco, announced a $2.5 billion investment in new low-carbon recycling and rolling factory in Bay Minette, Alabama. This state-of-the-art factory will be able to manufacture 600,000 tonnes of aluminium sheets per year. Site development is already underway, with commissioning expected to commence in mid-2025. Can producers will receive around two-thirds of the production, according to the business, including Colorado's Ball Corp., which distributes empty cans to the beverage sector. The plant's remaining capacity will be used to produce aluminium sheet for the car sector. The plant will be the first fully integrated aluminium mill developed in the United States in more than 40 years. It is intended to generate up...
Novelis Inc., the world’s leader in aluminium rolling and recycling, has announced its fourth quarter and full-year results of 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. Adjusted EBITDA, however, declined by 15 per cent over the year to $431 million during 4QFY22, owing to short-term operational cost challenges. For the full fiscal year 2022, the company has announced a record income from continuing operations of $1.0 billion. That was an increase of 122 per cent from the previous year. Net income from continuing operations excluding special items also...
As per the USGS data, US aluminium crude metals and alloys imports from Australia for February 2022 settled at 27,100 tonnes, which on a month-on-month scale surged by 17,540 tonnes or 183.47 percent from 9,560 tonnes in January 2022. On the other hand, for January 2022 a downfall of 46.88 percent or 8,440 tonnes was recorded on m-o-m basis from 18,000 tonnes in December 2021. The total amount of crude metals and alloys imported by the United States for February 2022 halted at 262,000 tonnes. However, on m-o-m scale, the quantity had dwindled by 81,000 tonnes or 23.61 percent from 343,000 tonnes in January 2022. A surge of 27,000 tonnes or 8.54 percent was recorded on a month-on-month forefront in January 2022 from 316,000 tonnes in December 2021. In all 3,630,000 tonnes of US aluminium...
Vedanta Limited is continuing to cut its aluminium products and aluminium ingot prices in line with the incessant downfall of the LME aluminium benchmark price. On Tuesday, May 10, Vedanta slashed its aluminium wire rod price by INR 8,250 per tonne or 3.2 per cent to INR 249,750 - 257,250 per tonne. On May 7, the prices hovered around INR 258,000 – 265,500 per tonne. Vedanta’s aluminium billet price also saw a cut of 3.20 per cent or INR 8,250 per tonne on May 10 from INR 258,500 per tonne to INR 250,250 per tonne. Aluminium ingot price came in at INR 242,250 – 277,950 per tonne, down by INR 8,250 per tonne as well from INR 250,500 – 286,200 per tonne. Vedanta continues to cut its aluminium prices in response to the incessant decline in the three-month futures of aluminium on the London...
Alumex PLC has joined Aluminium Stewardship Initiative(ASI) as a new member in the Production and Transformation division. Sri Lanka's largest fully integrated manufacturer of aluminium extrusion profiles and worldwide proprietary technologies under licence is Alumex PLC. Since its inception in 1988, the firm has grown to include three extrusion lines, an anodizing line, three powder coating lines (one vertical), and an aluminium recycling plant spread over three manufacturing centres. Alumex uses these facilities to manufacture items under its own brand as well as for a few globally recognised proprietary brands. A unique portfolio and excellent product performance have led Alumex’s growing momentum in the worldwide markets. Alumex is regarded as a pioneer and trusted leader in the local...
Dudley Aluminium is going to join hands with ISG construction Ltd and BAM Construction for building sustainable school complexes in various parts of the UK. The First school will be situated in Rhydyfelin, in the Pontypridd area of Wales and the second school is planned to be in North Brent, London. Dudley has a good reputation for quality and has been recognised with several industry-related accreditations. The company owns a CHAS certification with its construction line registered and certified to manufacture “Secured by Design” products. The Welsh-medium primary school in Rhydyfelin aims at having upgraded facilities for educational purposes, gradually aiming towards Net-Zero. The compound will feature a new playing field, multi-speciality games area, school-bus parking or circulation...
Hindalco Industries Limited has continued to slash its aluminium products and aluminium ingot prices, with effect from May 10, 2022. This marks the seventh consecutive price cut by Hindalco since April 21. On May 10, Hindalco’s aluminium wire rod price has come in at INR 253,350 per tonne, down by INR 8,500 per tonne or 3.25 per cent compared to the cut of INR 4,750 per tonne on Saturday, May 7. On May 7, Hindalco aluminium wire rod price stood at INR 261,850 per tonne. The latest cut has brought Hindalco’s aluminium billets price to INR 256,350 per tonne, also down by INR 8,500 per tonne from INR 264,850 per tonne on May 7. The company’s aluminium ingot price is no exception but seen a slash of the same amount to come in at INR 242,250 per tonne, with effect from May 10. Hindalco has...
Aluminium Stewardship Initiative (ASI) welcomed Hindalco Industries Ltd (HIRAKUD FRP) as its new production and transformation member. The Hindalco Hirakud-FRP Plant (Flat Rolled Product), located in Sambalpur, Odisha, approximately 325 km from Bhubaneswar, houses one of the country's most advanced rolling mills. This factory, which covers 50 acres, was created in April 2009 after a collaborative review by Hindalco and Novelis teams. “Hindalco Industries ltd., Hirakud FRP, an Aditya Birla Group Company & a world class Flat Rolled Product manufacturing Facility on its way to achieve excellence in processes and sustainable products to create value to its stake holders” said Mr Sudarsan Dutta, Head Quality, Hirakud FRP Plant. In September 2009, the initiative received management approval....
On 6 May, Rio Tinto Fer et Titane (RTFT) reported that its commercial-scale demonstration plant in Sorel-Tracy, Quebec had produced its first batch of high purity scandium oxide. High purity scandium oxide is being extracted from the production residue of titanium dioxide by a phenomenal process developed by RTFT that requires no mandatory mining. After releasing their first batch of scandium oxide, RTFT also became the first producer of this critical mineral in North America. Scandium oxide is used in solid oxide fuel cells and blended to form aluminium alloys. The solid oxide fuel cells serve as an energy source for data centres and hospitals. The cells are a catalyst for essential products like lasers and lighting, usually installed in stadiums or studios. Scandium oxide benefits the...
An aluminium high pressure die casting common facility centre (CFC) is planned for construction at Chinnavedampatti, by the Tamil Nadu Small Industries Development Corporation (TANSIDCO). The estimated cost for the same is expected to be 5.8 crores and will be deployed as part of the state government's common production infrastructure (CPI) programme. Chinnavedampatti is a suburb of Coimbatore in Tamil Nadu, India. Alanz Die Casting Private Limited, the company floated for the project stated that this project will assist micro-units that are unable to take orders directly from tier-one and tier-two automobile manufacturers due to a lack of infrastructure. This facility is expected to have a hydraulic die casting machine, trimming press, and an electric furnace. The cluster's detailed...
India’s largest producer of aluminium, Vedanta Aluminium announced the appointment of George English, in the position of Director - Value Added Products. Vedanta Aluminium operates one of the world’s leading single largest aluminium smelters in Jharsuguda, Odisha. George English carries with him over two decades of rich experience in the metals industry to lead the Value Added Products vertical of Vedanta Aluminium Business, a strategic lever as the aluminium giant caters to the raw material needs of its customers with top of the line aluminium products. English will be reporting to the Dy Aluminium Division CEO and will be based at Jharsuguda, Odisha. A metallurgical engineer by qualification, George remains logical with a methodical approach to projects that delivers results on time and...
The growing EV market has inspired Gränges to equip its production unit in Newport city, Arkansas with the technologies required to manufacture cathode foils for the lithium-ion battery market. A leading supplier of thin-foil solutions in the US, the company will for the first time produce cathode foils in the country and commercial delivery is expected to begin around 2024. On the other hand, the disrupted supply chain of aluminium due to the Russian-Ukrainian crisis and Covid has plunged the US automobile industries into a standstill. Unable to reach their full capacity the enormous companies and the US now fear recession as shipments of aluminium plates, sheets and bars are continuously being postponed. Aluminium consumers in the United States deferred new orders over the fear of...
In an effort to strengthen their 40-year relationship, Constellium and CNRS (French National Centre for Scientific Research) intend to build a joint laboratory together with the University of Grenoble Alpes (UGA). The purpose of this unit will be to experiment and design new categories of aluminium alloys. The new laboratory would be named, 3ALP which will depend on the technical prowess of the Science and Engineering of Materials and Processes (SIMaP) research laboratory to frame the composition of aluminium alloys and superlative methods such as additive manufacturing. After the amalgamation and formation of 3ALP, high-end machinery and modelling tools will automatically arm Constellium along with added insight from SIMaP scientists in different fields, such as the microstructural and...
Vedanta Limited further reduced its aluminium products and aluminium ingot prices on May 6, in response to the LME aluminium benchmark price fall. The company cut its aluminium wire rod price by INR 2,250 per tonne to INR 263,000 – 270,500 per tonne versus INR 265,250 -272,750 per tonne on May 5. Vedanta’s aluminium billet price came in at INR 263,500 per tonne, with effect from May 6, down by INR 2,250 per tonne or 99.9 per cent from INR 265,750 per tonne on May 5. Aluminium ingot price stood at INR 255,500 – 291,200 per tonne after being cut by INR 2,250 per tonne as well. Vedanta further cut its aluminium prices on May 6 in tandem with the decline in the three-month futures of aluminium on the London Metal Exchange by US$12 per tonne to US$2,917 per tonne. On a month-on-month...
Hindalco Industries Limited’s aluminium products and aluminium ingot prices continued to see a plunge on May 5 for the fifth consecutive time since April 21, 2022. As per the latest price list revealed by the company, aluminium billets price saw a cut of 3.2 per cent or INR 9,000 per tonne to come in at INR 271,850 per tonne. About a week ago, on April 30, Hindalco’s aluminium billets price stood at INR 280,850 per tonne, witnessing a downfall of 0.97 per cent from April 29. Hindalco has slashed its aluminium wire rod price by INR 9,000 per tonne as well on May 5 to sell the product at INR 268,850 per tonne versus INR 277,850 per tonne on April 30. Aluminium ingot price, being no exception but witnessed a cut of INR 9,000 per tonne, came in at INR 257,750 per tonne, with effect from May...
China’s domestic aluminium billet inventory heightened by 22,700 tonnes or 21.45 percent W-o-W to stop at 128,600 tonnes, as of May 5, 2022. Because of the pandemic's ongoing interruption of consumption, downstream purchasers have become increasingly cautious. However, when aluminium prices fall below 20,000 tonnes, demand may increase. After stockpiles are digested, buyers will refill, easing inventory pressure. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Foshan hiked by 25,000 tonnes to score at 70,500 tonnes, followed by a decline of 4,880 tonnes to stop at 22,900 tonnes. Inventory in Foshan rose due to large arrivals from Yunnan over the holiday season and slow trading. Due to the resurgence of the...
The Odisha government has reportedly planned to host a two-day event - Advantage Angul, intending to showcase investment opportunities in downstream and ancillary industries of aluminium and steel sectors in Angul district, Odisha. The government has planned this event after Union Minister R P Singh inaugurated one of the world’s largest and most modern TMT Rebar mills in Angul a few days ago. The event is scheduled on Monday and Tuesday at the Angul Aluminium Park, jointly developed by NALCO and state-owned Idco. Chief minister Naveen Patnaik is expected to attend the event virtually. According to state industries secretary Hamanta Sharma, major players like NALCO, Tata Steel, JSPL, and others will bring prospective investors from the metal downstream sector to the event to let them...
Alcomet a manufacturer of aluminium products from Bulgaria, after calculating the net profit, announced a steep increment in its first quarter. This year Q1 yielded 5.7 million levs or US$ 3.07 million in comparison to Q1 2021 which only could make 171,000 levs or US$106,300. The prevailing war in Ukraine has amplified the disastrous effects of the Covid outburst resulting in price inflation of electricity, raw materials and commodities along with increased rates of transportation and logistics, Alcomet clearly explained. Income generation of Alcomet grew twice in size on a year-on-year basis to 226 million levs for the first quarter through March from only 109 million levs one year back, the company declared in a financial statement issued last week. While pondering over volume, we can...
