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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On Thursday, March 31, China’s aluminium billet inventory had plunged by 7,900 tonnes or 4.67 per cent W-o-W across five major regions to total at 157,500 tonnes, found the Shanghai Metals Market. Under the effect of the pandemic, trades in the spot aluminium billet market were slow. The inventory of aluminium billets may stop declining next week, depending on the severity and long-term viability of pandemic control efforts. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, the inventory had stood unchanged at 76,200 tonnes. On the same day in Wuxi, the price had declined by 11,100 tonnes to total at 39,400 tonnes. In Changzhou, the price had gone down by 3,100 to record at 22,200 tonnes. Buyers picked up cargoes from...
Over the next 5 years, Kumar Mangalam Birla owned Hindalco Industries Ltd. is aiming to invest up to US$7.2 billion in expanding its aluminium industry following the whooping increase in the price of aluminium due to the global supply bottlenecks and strong demand expectations. Hindalco Industries Limited, an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. With its headquarters in Mumbai, the company has an annual sale of US$15 billion and employs around 20,000 people. The company will be using the funds to expand its operations in India and North America. In an investor presentation, it stated that it had set aside $2.4 billion for its Indian aluminium operations over the next five years, with consumption expected to boost up in the next...
Hulamin’s operational profit for the year ending December 31, 2021, reflected an increment of 760 percent to close at R538 million from R81 million in 2020. The company's headline earnings increased to R560 million from a loss of R220 million the previous year. The company also said that headline profits per share heightened by 187 percent to 182 cents from a loss of 94 cents in 2020. Hulamin is a Pietermaritzburg-based South African firm that specialises in rolled aluminium products for precision and high-tech applications. The firm manufactures a large percentage of the world's ultra-high-end aluminium goods. The sales volume also climbed by 34 percent to 222,000 tonnes, revenue had gone up by 52 percent to R13 billion, free cash flow from operations expanded by 166 percent to R239...
The economy of Cambodia is projected to grow at around 5.6% in 2022 and significantly gain prospective growth in the medium term, supported by global demand and a gradual comeback in investor confidence. Aluminium bar rods and profiles are extensively used in the transportation, construction and aviation sector entitled to their excellent strength to weight ratio. The Southeast Asian nation, Cambodia imported 22,215 tonnes of aluminium bar rods and profiles during 2019-21, which accounted for an expenditure of around $69.41 million from the import. In 2019, Cambodia’s import demand witnessed an import of 6217 tonnes of aluminium bar rods and profiles, attracting foreign revenue expenditure of $16.22 million, whereas, in 2020 the import exhibited growth by 20.05%, as the import volume...
LB aluminium, one of the largest suppliers of aluminium in Malaysia, has recorded a decline in its net profit by 0.58 per cent to score at RM14.79 million for Q3 ended January 31, 2022 (3QFY22) from RM14.88 million a year earlier. According to the company's registration with Bursa Malaysia, earnings per share fell to 3.4 sen from 3.42 sen. The decline in profit was mostly due to greater tax provision and loss in its property business. However, revenue for the quarter increased 36.6 per cent to RM197.11 million from RM144.30 million in 3QFY21, thanks to higher average selling prices recorded by the aluminium segment as global aluminium prices surged. Due to a smaller contribution from its partner, Vistarena Development Sdn Bhd, as well as greater preliminary expenditures spent by the...
On Tuesday, March 29, the Taloja Unit of Hindalco Industries Ltd. joined Aluminium Stewardship Initiative (ASI) as the new Production and Transformation member, raising the total count of ASI members to 218. Hindalco Taloja was launched in 1972 after being commissioned in 1971 with an installed capacity of 11,500 TPA of aluminium rolling. Currently, the capacity is assessed at 60,000 TPA. Hindalco, Taloja is a subsidiary of Hindalco Industries Limited, holding a 51 per cent domestic market share in rolled goods (FRP). Hindalco’s Taloja facility generates nearly a quarter of the company's total rolled products. The Taloja plant was once part of INDAL (founded in India by ALCAN of Canada in 1971) and was acquired by Hindalco in 2005 following ALCAN's ownership transfer in the year 2000....
European aluminium foil rollers finished 2021 on a record high, delivering 3.9 per cent higher than in the previous year. As per the data released by the European Aluminium Foil Association (EAFA), total shipments amounted to 967,000 tonnes in 2021, an increase of 36,000 tonnes or 3.87 per cent from 931,000 tonnes a year ago, led by the recovery in domestic demand, which added 7.5 per cent across the whole year and 12.8 per cent in Q4 alone. Data shows deliveries of thinner gauges in Q4 2021, used for flexible packaging and household foils, continued to grow by 3 per cent year-on-year and 6 per cent quarter-on-quarter. Deliveries of thicker gauges, used for semi-rigid containers, technical or other applications, also concluded 2021 at a growing trend, recording a 7 per cent rise...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices following an intermittent cut on Saturday, March 26. With effect from Tuesday, March 29, Hindalco has grown its aluminium wire rod price by INR 2,250 per tonne to INR 324,100 per tonne. Until then, with effect from March 26, the price stood at INR 321,850 per tonne, down by INR 7,250 per tonne from INR 329,100 per tonne. With the latest price revision, Hindalco’s aluminium billets price has come in at INR 327,100 per tonne, up by INR 2,250 per tonne from INR 324,850 per tonne on March 26. Aluminium ingot price has also experienced a raise of INR 2,250 per tonne to INR 313,000 per tonne from INR 310,750per tonne on the previous day. On March 26, the price saw a slash of INR 7,250 per tonne from INR...
The European leader in the manufacture and sale of aluminium rolled products for diverse industries worldwide ALVANCE Aluminium Duffel has enacted a fresh course of action which will see it transporting aluminium rolled products by barge to the port of Antwerp. The sustainable transport initiative will minimize the company’s road transport activity destined for the Port of Antwerp by 72 %, saving no less than 56,000 road kilometres per year. Sustainability remains ALVANCE’s fundamental activity and this project will contribute to their efforts of diminishing the CO2 footprint of their products. Now by diverting to barges the company will save around 62 tonnes of CO2 emissions per year, which is the equivalent of 16 Flemish households, making the company’s supply chain even more...
The downstream sector of the aluminium industry witnessed limited number of events. As a result of the war, the metal industries have been affected the most. The global aluminium downstream sector started the week with the news of Novelis, announcing the launch of Novelis HRC57S®, a new, anodising grade aluminium product comprising more than 90% recycled scrap. Also, according to Mahmoud Haroun, the CEO of Egypt's largest aluminium extrusion business, Delemar, the company expects to treble its investments in the local market over the next five years and increase its exports to 40% in 2022, up from 20% in 2021. Aluminium Stewardship Initiative (ASI) announced on 21st March the grant of certification to UACJ in the aspect concerning Performance Standard (provisional) and Chain of Custody...
Kautec Solutions, a specialised manufacturer and seller of all types of aluminium extrusion equipment has joined hands with Safespill, the world’s leading provider of ecologically friendly fire protection solutions. The deal will supply Safespill with a highly automated aluminium extrusion line, which will amplify the productivity of Safespill floor production. Kautec will upgrade its end-to-end solutions for new builds and current retrofits of commercial and US military aircraft hangars. The system will be installed in early 2023 at Safespill’s headquarters in Houston, Texas, and will be completely operational by the middle of the year. Safespill's prompt and effective delivery of Safespill floors, also known as ILDFAs, will be solidified by around-the-clock manufacturing capabilities...
The metal aluminium is a very expedient product due to its malleability and elasticity than steel. The green metal aluminium can enter places and be moulded to shapes that steel cannot form in deeper or more complicated spinning, particularly for components with deep and straight walls, aluminium is always the material of choice. As the Govt. of Oman’s finances keeps improving on higher oil prices in 2021 and average oil prices are likely to be much higher than the levels estimated in the 2022 budget, incorporated with state incentives for businesses, there is a brighter outlook towards the year ahead for the Kingdom. The Gulf Nation Oman imported 5787 tonnes of aluminium structures during 2019-21, accounting for outflowing of foreign revenue at $32.59 million for the import. The Western...
China’s Aluminium billet inventory has been following the downward trend since February 24. As of Thursday, March 24, the inventory has plummeted by 24,400 tonnes or 13.85 percent W-o-W to register at 151,900 tonnes. According to SMM, the market must closely monitor how the current increase in aluminium pricing, as well as COVID reduction initiatives, would affect downstream consumption. With pandemic under control, stockpiles of aluminium billets are projected to decline next week also. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan the inventory has declined by 7,200 tonnes to come in at 76,200 tonnes. A substantial drop has been noticed in Wuxi by 22,700 tonnes to close at 28,300 tonnes. The drop in Wuxi was mostly...
Novelis, a subsidiary of multinational aluminium and copper manufacturing company Hindalco Industries has announced the launch of Novelis HRC57S®, an innovative, anodising quality aluminium product containing more than 90 per cent recycled scrap. As claimed by Novelis, the product proves to be of superlative quality for decorative batch anodising with extra bending capacity and non-combustible properties which is not found in any other alloy of aluminium, till date. The new HRC57S® alloy had to go through a lot of tests and experimentations to ensure that the shine, colour and corrosion resistance concur with the standards of the architecture industry. In 2021, Novelis Inc. introduced a high-recycled, pre-anodised product, HRC73A®, which has already been nominated for the prestigious...
Hindalco Industries Limited has continued to expand its aluminium products and aluminium ingot prices, albeit lower than the previous day, with effect from Wednesday, March 23. The company has grown its aluminium wire rod price by INR 3,500 per tonne to INR 319,850 per tonne from INR 316,350 per tonne on March 22. Hindalco’s aluminium wire rod price on Tuesday saw a surge of INR 20,000 per tonne from INR 296,350 per tonne on March 18. Hindalco’s aluminium billets price has also seen an increase of INR 3,500 per tonne on March 23 to stand at INR 322,850 per tonne. On Tuesday, March 22, the price stood at INR 319,350 per tonne, soaring by INR 20,000 per tonne from INR 299,350 per tonne. With the latest rise, aluminium ingot price has come in at INR 308,750 per tonne versus INR 305,250 per...
After about a week of the last price update, National Aluminium Company Limited (NALCO) has revised its aluminium ingot and aluminium products prices, in line with the global aluminium benchmark price. With effect from March 22, NALCO has expanded its aluminium wire rod price by INR 23,500 per tonne to sell the product at 307,050–311,400 per tonne as compared to the selling price of INR 283,550-287,900 per tonne on March 16. NALCO aluminium billets price has also experienced a raise of INR 23,500 per tonne to 308,000- 310,650 per tonne, with effect from March 22. Until then, NALCO was selling its aluminium billets at INR 284,500-287,150 per tonne, slashed by INR 24,800 per tonne from the previous day. NALCO’s aluminium ingot price has also been rebounded by the same amount to INR 304,550-...
Aluminium Stewardship Initiative (ASI) announced on 21st March the grant of certification to UACJ in the aspect concerning Performance Standard (provisional) and Chain of Custody (full) to acknowledge the company’s efforts to responsible production, sourcing and stewardship of aluminium. The certificates received by UACJ Corporation are for the manufacture of aluminium sheet products at Fukui Works, Japan and UACJ (Thailand) Co., Ltd., Thailand. Japan’s Fukui Works is the first in the territory to gain ASI certification to continue with the manufacture of its rolling-ingots, hot-rolled, cold-rolled, and finished sheets which are mandatory in the making of packaging items and automotive. The facility also produces thick aluminium plates which are used to build LNG tankers and in aerospace...
Hindalco Industries Limited again reduced its aluminium products and aluminium ingot prices, with effect from March 18, following an intermittent rise on March 17. The company’s aluminium wire rod price was cut by INR 3,250 per tonne on March 18 from INR 299,600 per tonne to INR 296,350 per tonne. Aluminium billets price was also trimmed by INR 3,250 per tonne from INR 302,600 per tonne on March 17 to INR 299,350 per tonne on March 18. Aluminium ingot price came in at INR 285,250 per tonne as of March 18 versus INR 288,500 per tonne on the previous day. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which decreased by US$18 per tonne on March 17 to US$3,288 per tonne. On a month-on-month calculation,...
