AMAG Group reported around a 59 per cent increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to EUR 181 million (USD 202 million) in the first nine months of 2026, compared with EUR 114 million (USD 127 million) in the same period last year. Revenue rose 16.4 per cent to EUR 1.3 billion (USD 1.4 billion) from EUR 1.1 billion (USD 1.2 billion) in the first three quarters of 2025. Net income after taxes increased about 142 per cent to EUR 82 million (USD 91 million), up from EUR 34 million (USD 38 million). The Austrian aluminium producer attributed its performance to strong operations at its Ranshofen site, higher shipment volumes in the Rolling Division, and attractive market conditions for its Canadian aluminium smelter interest, Alouette. Cost-efficiency...
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...
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Hindalco Industries Limited has continued to increase its aluminium ingot and aluminium products prices for the third time in a row, with effect from Thursday, January 20. Hindalco has raised its aluminium wire rod price by INR 3,000 per tonne from INR 268,100 per tonne on January 18 to INR 271,100 per tonne on January 20. The company’s aluminium billets price has also witnessed a hike of INR 3,000 per tonne to stand at INR 274,100 per tonne as of January 20. On January 18, the price stood at INR 271,100 per tonne, seeing an increase of INR 3,250 per tonne. With the latest increase, Hindalco's aluminium ingot price has come in at INR 260,000 per tonne, compared to INR 257,000 per tonne on January 18. Hindalco links its aluminium ingot and aluminium products prices to the three-month...
The Lizhong Sitong Light Alloys Group Co., Ltd. factory in Baoding City, Hebei Province, China, has received Aluminium Stewardship Initiative (ASI) Performance Standard accreditation for the design and manufacturing of alloys, metal additives, and fluxes. The company makes aluminium alloy sheet, strip, foil, tube, bar/billet, profile, wire, and castings for the transportation, packaging, electronic, and aerospace industries, among others. Lizhong Sitong Light Alloys Group Co., Ltd. has been successfully accredited against the ASI Performance Standard for responsible aluminium production, procurement, and stewardship, according to the Aluminium Stewardship Initiative (ASI). The firm, which specialises in the research, development, design, manufacturing, and sales of innovative intermediate...
On Tuesday, January 18, Novelis Inc., the world leader in aluminium rolling and recycling, announced that the 99% recycled aluminium content in three of its alloys produced for the building and construction industry has independently been approved by GreenCircle. The certification includes Novelis’ 3105, 3004, and 3025 alloys, produced at its Davenport, Iowa; Richmond, Virginia; and Uhrichsville, Ohio plants. These alloys are used for producing flat-rolled aluminium sheets containing 77% to 99% recycled content, destined for commercial transportation and building & construction sectors. "At Novelis, recycling and sustainability are central to our values, business model and purpose of shaping a sustainable world together," said Ganesh Panneer, Vice President, Operations, Novelis North...
According to the US Geological Survey (USGS), the United States imported 31,900 tonnes of US aluminium crude metals and alloys from United Arab Emirates (UAE) in October 2021, showing a month-on-month upward movement of 16,300 per tonne or by 104.48%. In September 2021, 15,600 tonnes of US aluminium crude metals and alloys were imported from UAE, showing a decline of 15,000 per tonne from 30,600 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from UAE in October climbed up by 8,600 tonnes or by 26.95% from 23,300 tonnes in October 2020. From January to October, the imported aluminium crude metals and alloys from UAE clocked at 285,000 tonnes. For the same period last year, the amount registered at 273,000 tonnes. As per the data shared...
On Tuesday, January 18, Aluminium Stewardship Initiative has announced that it successfully certified ProfilGruppen Extrusions AB against the Performance Standard Certification for the development and manufacture of customised aluminium extrusions and components at Aseda, Sweden plant. The products developed at the plant are destined for downstream sectors in industries like transport, electronics, and construction. ProfilGruppen Extrusions AB produces extrusion of aluminium profiles at 4 production lines, anodizes for surface treatment, and further processes aluminium extrusions in the form of cutting, processing, bending, and stamping. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate ProfilGruppen Extrusions AB on achieving ASI Performance Standard...
According to the US Geological Survey (USGS), the United States imported 23,600 tonnes of US aluminium crude metals and alloys from Russia in October 2021, showing a month-on-month surge of 14,030 per tonne or by 146.60%. In September 2021, 9,570 tonnes of US aluminium crude metals and alloys were imported from Russia, showing a hike of 8,100 per tonne from 1,470 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Russia in October moved up by 9,800 tonnes or by 71.01% from 13,800 tonnes. From January to October, the imported aluminium crude metals and alloys from Russia pegged at 161,000 tonnes. For the same period last year, the amount was recorded at 92,700 tonnes. According to the data shared by the USGS, the total amount of...
On 16th January 2022, Aluminium Bahrain B.S.C. (Alba), the first aluminium smelter in the Middle East which initiated its commercial operations way back in 1971, welcomed a high-level delegation from the Spanish group ALEASTUR. The delegation from ALEASTUR comprised of Leopoldo Galán, the MD of Aleastur Aluminium Business Unit & COO, Enrique Sela, the Country Manager of Aleastur Middle East WLL, Alberto Fernández, the Interim Plant Manager of Aleastur Middle East WLL and Meshari Saeed, the Production Manager of Aleastur Middle East WLL was warmly received by Alba’s Chief Executive Officer Ali Baqali, Chief Marketing Officer Khalid A. Latif, Chief Supply Officer Waleed Tamimi and other senior officials from Alba. Spanning over more than two decades, both the parties Alba and ALEASTUR have...
According to a report on January 17, 2022, Hydro will establish a new photovoltaic power system at its aluminium extrusion plant in Trzcianka, Poland. The power system will expectedly come into operation in Q3, 2022, to generate 7.5GWh/year of power to supply electricity to the new 8-inch extrusion press, currently under construction. As per the report, the solar park will be built next to the extrusion plant, involving an investment of EUR 5 million. It will supply clean renewable power to the plant. The investment will reduce the extrusion plant’s electricity cost and the carbon footprint from an average of 0.68 kilo* CO2 per kilo aluminium down to an estimated 0.14 kilo. “This investment is a big step for our Polish operations in supporting Hydro’s climate target of reducing direct...
According to the US Geological Survey (USGS), the United States exported 20,300 tonnes of US aluminium plates, sheets and bars to Mexico in October 2021, showing a month-on-month decline of 1,800 per tonne or by 8.14%. In September 2021, 22,100 tonnes of US aluminium plates, sheets and bars were exported to Mexico, showing a hike of 2,100 per tonne from 20,000 tonnes in August 2021. On a year-on-year calculation, US aluminium plates, sheets and bars exported to Mexico in October slumped by 4,800 tonnes or by 19.12% from 25,100 tonnes in October 2020. From January to October, the exported aluminium plates, sheets and bars to Mexico closed at 224,000 tonnes. For the same period last year, the amount was recorded at 221,000 tonnes. As per the data shared by the USGS, the total amount of...
On Friday, January 14, Aluminum Association CEO Charles Johnson pointed out that investment in the US aluminum industry has started rising backed on the improvement in the economy in 2021. He added domestic producers announced investment of $800 million or more in Greenfield and expansion projects in just the last six months. “The US aluminum industry continues to place big bets on the future of aluminum production, fabrication and recycling in the US,” Johnson said in a newsletter. He added investments have picked up since “a relatively dormant period during the peak of the COVID-19 crisis in 2020.” As examples, Johnson mentioned about the projects announced by Novelis, Commonwealth Rolled products, and Norsk Hydro. According to him, these represent the new downstream aluminum capacity...
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices on Saturday, January 15, following a cut in the preceding day. The company grew its aluminium billets price by INR 2,000 per tonne or 0.75 per cent to INR 267,850 per tonne. On January 14, the price stood at INR 265,850 per tonne after being cut by INR 3,500 per tonne. On January 15, Hindalco’s aluminium wire rod price also saw a hike of INR 2,000 per tonne from INR 262,850 per tonne on January 14 to INR 264,850 per tonne on January 15. Aluminium ingot price came in at INR 253,750 per tonne, compared to INR 251,750 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 on January 14 grew...
The downstream sector of the aluminium industry has been under the spotlight for a limited but strong number of reasons. To start with, according to a new study, the increased usage of electric vehicles (EVs) in global transportation is good for aluminium producers like Hindalco but negative for steel producers. Global investing company Jefferies forecasts Hindalco's stock price to return around 30% higher than competitor steel makers Tata Steel and JSW Steel for metal equities investors. This was followed by the news of the Bahrain-based Gulf Aluminium Rolling Mill B.S.C ("GARMCO"), the Middle East's first and biggest downstream aluminium facility for rolling, cutting, and fabricating aluminium, announced that it has achieved a definitive agreement with the group of Creditors to assure...
According to the US Geological Survey (USGS), the United States imported 233,000 tonnes of US aluminium crude metals and alloys from Canada in October 2021, showing a month-on-month hike of 32,000 per tonne or by 91.38%. In September 2021, 201,000 tonnes of US aluminium crude metals and alloys were imported from Canada, showing a decline of 18,000 per tonne from 219,000 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Canada in October escalated by 75,000 tonnes or by 47.46% from 158,000 tonnes. From January to October, the imported aluminium crude metals and alloys from Canada stood at 2,090,000. For the same period last year, the amount registered at 1,990,000 tonnes. As per the data shared by the USGS, the total amount of...
Hindalco Industries Limited has reduced its aluminium products and aluminium ingot prices, with effect from Friday, January 14, after the four consecutive hikes since January 5, 2022. The company has cut its aluminium wire rod price by INR 3,500 per tonne to INR 262,850 per tonne. On January 13, the product price was at INR 266,350 per tonne after an increase of INR 4,250 per tonne. The latest cut has brought the company’s aluminium billets price to INR 265,850 per tonne, down by INR 3,500 per tonne as well from INR 269,350 per tonne on January 13. Hindalco’s aluminium ingot selling price is standing at INR 251,750 per tonne as of January 14, compared to INR 255,250 per tonne on January 13. Hindalco links its aluminium prices to the three-month future of aluminium on the London Metal...
Kaiser Aluminum Corporation (NASDAQ:KALU) stated today that its Board of Directors has declared a quarterly cash dividend of $0.77 per share, up 7% from the previous quarter's payout. The dividend will be paid on February 15, 2022 to stockholders who were on the books on January 24, 2022 at the close of business. “The Board’s decision to authorize an increase in the quarterly dividend reflects confidence in the long-term outlook for our business and opportunities to continue to create value for our shareholders,” said Keith A. Harvey, President and Chief Executive Officer. “We have built a strong diversified portfolio from which to support secular demand growth in each of our served markets and a platform for planned capital investments to further strengthen our competitive position,...
According to the Shanghai Metals Market, aluminium billet inventories in China surged by 27,300 tonnes week-on-week across five major consumption areas. As a result, the inventories recorded at 140,500 tonnes, as of Thursday, January 13. With the exception of Huzhou, inventories increased in all of the key production locations. On a weekly basis, Foshan's inventory increased by 20,300 tonnes, or 38.67%, while Wuxi's inventory increased by 6,400 tonnes, or 36.16%. The imports of aluminium billets were concentrated, according to the warehouses, but outflows from warehouses declined sharply as downstream orders were lacklustre ahead of the Chinese New Year. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium...
The Japanese manufacturer of precious metals materials, TANAKA Holdings that focuses majorly on products for the electronics, semiconductor and automotive industries has publicized its subsidiary TANAKA Denshi Kogyo is planning to set up a new plant in the Chinese city of Hangzhou to boost the production capacity of aluminium bonding wires for power semiconductors. However, the plant is scheduled to begin operations in November 2022. The establishment of this new plant forms part of TANAKA Denshi Kogyo's plans to augment its production capacity for aluminium bonding wires by approximately three-fold by 2025 to meet the growing global demand associated with the growth of power semiconductors. Since 2001, TANAKA Denshi Kogyo has been manufacturing various bonding wires and providing...
The North African nation, Algeria which is heavily dependent on the petroleum economy, has been straggling behind since the drop in oil prices in 2014. However, the World Bank ranks Algeria as an upper-middle-income nation. The Gross Domestic Product (GDP) was worth $145.16 billion in 2020, according to official data from the World Bank. Algeria imported aluminium bar rods and profiles of 17,118 tonnes during 2019-21, accounting for revenue expenditure of around $53.28 million. These aluminium products are heavily consumed in the construction and other sectors of the nation. In 2019, the Algerian import of aluminium bar rods and profiles was documented at 7009 tonnes, attracting expenditure of $22.33 million, whereas, in 2020, the import saw a downfall of 5.83%, as the import volume...
