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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Canada’s exports of aluminium plates, sheets and bars to the United States for February 2022 closed at 19,800 tonnes, following a month-on-month increase of 400 tonnes or 2.06 per cent from 19,400 tonnes in January 2022. On a month-on-month basis, a growth of 300 tonnes or 1.57 per cent was recorded in January from 19,100 tonnes in December 2021. As per the USGS data, the total amount of aluminium plates, sheets and bars imported by the United States for February 2022 settled at 33,100 tonnes, which on a month-on-month scale showed no change to close at 33,100 tonnes for January 2022. A decline of 7,400 tonnes or 18.27 per cent was recorded in January on a month-on-month scale from 40,500 tonnes in December 2021. For the entire year 2021, a total of 626,000 tonnes of aluminium plates,...
Vedanta Limited further reduced its aluminium products and aluminium ingot prices, with effect from May 4, 2022, for the fifth consecutive time since April 23. According to the revised prices, Vedanta is currently selling its aluminium wire rod at INR 263,500-271,000 per tonne after cutting it by INR 10,500 per tonne or 3.8 per cent from INR 274,000-281,500 per tonne on April 30. Vedanta’s aluminium billet price also saw a slash of INR 10,500 per tonne on May 4 from INR 274,500 per tonne to INR 264,000 per tonne. Aluminium ingot price also experienced a cut of the same amount to stand at INR 256,000- 291,700 per tonne. On the previous day, April 30, Vedanta’s aluminium ingot price stood at INR 266,500-302,200 per tonne, sliding by INR 3,000 per tonne or 1.11 per cent. Vedanta Limited...
The aluminium extrusion dies business of Halex Holdings GmbH now belongs to Exco Technologies Limited after the latter paid a heavy cost for accession. The four most essential manufacturing locations, two in Germany and two in the northern industrial region of Italy are steered by Halex Extrusion Dies. A declaration from Exco indicates that Halex will still supplement the company’s six remaining extrusion die-casting units, each situated in Canada, Mexico, Colombia, Brazil and two in the United States of America. Halex is Europe’s second-largest manufacturer and supplier of aluminium extrusion dies. It provides complex forms of extruded aluminium products to the European continent. The transfer was funded with the help of in-hand cash and reliable bank lines which amounted to €40 million...
Targeted Trade Enforcement in Action: Common Alloy Aluminum Sheet AD/CVD One Year Later, a new white paper from the Aluminum Association, examines progress made in the US common alloy aluminium sheet market one year after the Commerce Department issued antidumping (AD) and countervailing duty (CVD) orders on certain common alloy sheet imports from 16 countries. “We are gratified to see – once again – that targeted trade enforcement works. One year after the Commerce Department and the International Trade Commission took strong action against unfair trade in the U.S. market, the domestic common alloy aluminum sheet market is showing signs of significant recovery,” said Charles Johnson, president & CEO of the Aluminum Association. The Commerce Department's total AD and CVD margins vary from...
The economy of Indonesia is substantial in the South-eastern region of Asia and is one of the leading emerging market economies. The country has a mixed economic system which incorporates a variety of private freedom, combined with centralized economic planning and government regulation. The industrial sector plays a crucial role in the Indonesian economy, as it contributes relatively high more than 20% of national output. The Indonesian aluminium sector is regaining its growth significantly, following the deceleration caused by the Covid pandemic. The island nation, Indonesia classified as a newly industrialized country exported 60,884 tonnes of aluminium structures during 2019-21, attracting foreign revenue inflow of $194.14 million from the export. In 2019, Indonesia registered...
The aluminium technology company Gränges which has been driving the development of lighter, smarter, and more sustainable aluminium products and solutions are reported expanding its Newport, Arkansas, production facility to enable the production of battery cathode foil. In the transition to electric vehicles, such foil is a crucial component necessary for manufacturing lithium-ion batteries. Gränges will be making this foil for the first time in the United States. The investment comprises finishing and cleanroom equipment with commercial deliveries planned to begin in 2024. Commercial deliveries are anticipated to begin in 2024, including finishing and cleanroom equipment. The century-old innovative engineering company, Gränges is focusing on the battery cathode foil segment, depicting...
According to the USGS, a total of 107,000 tonnes of aluminium plates, sheets and bars was imported to the United States in February 2022. On a month-on-month forefront, a plunge of 5,000 tonnes or 4.46 percent was witnessed. In January 2022 the amount settled at 112,000 tonnes, following m-o-m surge of 3,000 tonnes or 2.75 percent from 109,000 tonnes in December 2021. On m-o-m calculation a slump of 10,000 tonnes or 8.40 percent was recorded from 119,000 tonnes in November 2021. In February 2022 a total of 107,000 tonnes of aluminium plates, sheets and bars was imported to the United States, which on a year-on-year calculation augmented by 26,300 tonnes or 32.58 percent from 80,700 tonnes in February 2021. For the entire year of 2021 a total of 1,290,000 tonnes of aluminium plates, sheets...
Aluminium customers in the United States are deferring new orders over the fear of impending recession that may be caused due to increased inflation and deteriorating supply chains. According to numerous persons who trade the lightweight industrial metal, spot trades have taken a break in recent weeks as Russia's invasion of Ukraine contributed to the market's already high wait times and declining demand. Buyers are continuing to get their contractual metal, but recent economic indicators have caused some to delay acquiring more metal for their shipments. A key cause of the delay is the automobile industry's chronic semiconductor shortages, which are preventing carmakers from reaching full capacity. According to data from the Aluminum Association, the car sector consumes 31% of all...
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. To begin with, AMAG achieves the greatest quarterly profitability in 1Q2022, with revenue up 60 percent. The largest firm in the Austrian aluminium manufacturing sector, AMAG Austria Metall AG, has announced ongoing excellent results for the first quarter of 2022, which concluded on March 31. Malaysian Press Metal Aluminium said that the Inland Revenue Board (IRB) has granted a "amicable settlement" with its Sarawak subsidiary for extra instalments from 2014 to 2019. AMAG Austria Metall AG's fully owned subsidiary, AMAG components, which has been working successfully with Ruag Aerostructures for many years and has its headquarters in Übersee am Chiemsee in Germany, has...
AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry sector, has reported a continued positive performance for the 1st quarter of 2022 ended March 31. By the data revealed, the company has achieved the highest quarterly earnings in its history for 1Q2022, contributed by increased LME aluminium prices throughout the period. Positive growth is seen in shipment volumes and product mix optimisations as well. Revenues of the group rose 60 per cent over the year from EUR 251.2 million to EUR 399 million, thanks to higher shipments and aluminium prices. Shipments improved by 6 per cent to 104,600 tonnes in Q1 2022 versus 98,500 tonnes in Q1 2021. Group’ s EBITDA doubled from EUR 30.3 million in Q1 2021 to EUR 68 million during the same period of this year. Metal...
China’s aluminium billet inventory had fallen by 9.88 per cent W-o-W to settle at105,900 tonnes as of Thursday, April 28. The epidemic hampered transportation and downstream purchases in east China. Overall due to downstream restocking, social inventories are likely to fall more after the vacation. More information on the present situation of aluminium billet inventory in China may be found in the chart below: In Foshan, the inventory had plunged by 1000 tonnes to settle at 45,500 tonnes. For the same day in Wuxi, the had plunged by 10,520 tonnes to peg at 27,780 per tonne. Wuxi's transportation efficiency improved somewhat, and downstream manufacturers replenished as needed in preparation for the approaching Labour Day vacation. In Foshan, downstream consumption was slow, leading local...
Hindalco Industries Limited has continued to reduce its aluminium products and ingot prices, with effect from April 29, albeit slower than the previous day. Hindalco has cut its aluminium billets price by INR 2,500 per tonne or 0.87 per cent to stand at INR 283,600 per tonne. On the last cut on April 26, the company’s aluminium billets price came in at INR 286,100 per tonne after being sharply cut by INR 11,250 per tonne. Hindalco’s aluminium wire rod price has also been trimmed by INR 2,500 per tonne, with effect from April 29, to INR 280,600 per tonne. The last cut had brought the price to INR 283,100 per tonne. As per the revised price list revealed, Hindalco is currently selling its aluminium ingot at INR 269,500 per tonne versus INR 272,000 per tonne on April 26. Hindalco links its...
The metal aluminium is now extensively used in building and construction due to its inherent property of lightness and corrosion resistance. It is applied in the form of external facades, roofs and walls, windows and doors, staircases, railings, shelves and other several applications. Aluminium is also broadly utilized in airframe structures and is increasingly being used in automotive frames to diminish weight and enhance fuel efficiency. An export-driven economy, Hungary revealed that the global slowdown and fluctuating demand in its primary export markets have harmed economic growth, particularly in the export-orientated automotive and consumer electronics sectors. The Central-European nation Hungary exported 56,016 tonnes of aluminium structures from 2019-to 21, attracting foreign...
According to China customs data, the country’s aluminium foil exports in March 2022 stood at 126,800 tonnes, reflecting month-on-month increase of 34 per cent and year-on-year 9 per cent. Thailand, India, Indonesia, and the United Arab Emirates were the top four destinations of China’s aluminium foil exports, accounting for 8.92 per cent, 7.34 per cent, 6.51 per cent, and 6.30 per cent, respectively, of the total exports in March. China’s top five aluminium foil export provinces were Jiangsu, Zhejiang, Shanghai, Shandong, and Henan, which produced 101,200 tonnes combined, accounting for 79.8 per cent of the total output. East China is China’s major aluminium foil production and export centre. However, the resurgence of the COVID-19 pandemic in Shandong, Shanghai, Jiangsu, and other...
The Bank of Greece, which is the central bank of the country, in its annual report stated a slash in prediction for economic growth to 3.8% in 2022 from 4.8% earlier and elevated its forecast for the inflation rate to 5.2% under the base scenario, in its annual report. As a nation, in 2020, Greece emerged to have countered a very deep recession and even under optimistic assumptions, a full recovery is going to take beyond 2021. Furthermore, the recession and the cost of the measures to diminish it have already navigated to a further sharp rise in Greece's already excessively high public debt. The South-eastern European nation Greece imported 265 tonnes of aluminium powder and flakes during 2019-21, disposing of foreign earnings of $734,467 tonnes for the aluminium product. In 2019, Greece...
On Tuesday, April 26, the Aluminium Stewardship Initiative announced that it successfully certified Yunnan Haoxin Aluminum Foil Co., Ltd. against the Chain of Custody Standard Certification for aluminium re-melting, refining, and semi-fabrication activities for the production of aluminium foil. Not even a year has passed Yunnan Haoxin Aluminum Foil plant has bagged another ASI certification, following the Performance Standard Certification in August 2021. The facility has an annual capacity of producing more than 200,000 tonnes of aluminium sheet and foil in various gauges, destined for several downstream applications in the electronics, packaging, pharmaceuticals, HVAC, and other sectors. The ASI CoC certification determines requirements for the creation of a Chain of Custody for...
Vedanta Limited has continued to cut its aluminium products and aluminium ingot prices, with effect from Tuesday, April 26. The company has reduced its aluminium wire rod price significantly by INR 11,250 per tonne or 3.8 per cent to INR 279,500- 287,000 per tonne. The last cut on April 21 brought the price to INR 290,750-298,250 per tonne, down by INR 5,500 per tonne from the previous day. With effect from April 26, Vedanta’s aluminium billet price has come in at INR 280,000 per tonne versus INR 291,250 per tonne on April 21. That was a decline of INR 11,250 per tonne as well. As per the price list revealed, the company is selling its aluminium ingot price at INR 272,000-307,700 per tonne, in comparison with INR 283,250-330,750 per tonne on April 21. Vedanta Limited links its aluminium...
Hindalco Industries Limited has sharply cut its aluminium products and aluminium ingot prices, with effect from Tuesday, April 26, in line with the two back-to-back declines in LME aluminium benchmark price. Hindalco has slashed its aluminium wire rod price by INR 11,250 per tonne to sell the product at INR 283,100 per tonne. Last week, on April 21, the price was cut by INR 5,500 per tonne INR 294,350 per tonne. Hindalco’s aluminium billets price has also experience a cut of INR 11,250 per tonne or 3.78 per cent on April 26 from INR 297,350 per tonne to INR 286,100 per tonne. Aluminium ingot price has come in at INR 272,000 per tonne as of April 26, down by 3.97 per cent from INR 283,250 per tonne. In the past two days, the three-month futures price of aluminium on the London Metal...
