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 slashed both of its aluminium wire rod and billets prices, with effect from Thursday, December 30. The company’s aluminium wire rod price has witnessed a cut of INR 3,750 per tonne to stand at 256,600 per tonne, as against INR 260,350 per tonne on December 25. Hindalco’s aluminium billets price has also been cut by INR 3,750 per tonne on December 30 from INR 263,350 per tonne to INR 259,600 per tonne. The company’s aluminium ingot price has experienced no exception but a plunge of INR 3,750 per tonne to INR 245,500 per tonne, in comparison with INR 249,250 per tonne on December 25. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which on December 29 fell by US$13 per tonne...
Aluminium pipe is clarified by its internal diameter (ID) or bore due to its usage for transferring fluid or another medium, while the aluminium round tube is explicated by its outside diameter (OD) because of its structural uses. Aluminium pipe is an extruded product that is extensively used for all types of fabrication projects where lightweight and corrosion resistance is primary concern. However, the aluminium tube also has a vast range of utilization from the automobile sector and aerospace industry to fencing posts, frames and other construction applications, as aluminium tubes are tough and durable with an excellent strength-to-weight ratio and high corrosion resistance. The country at the crossroads of Central and Southeast Europe, Croatia imported 2186 tonnes of aluminium tubes...
The flagship company of Oman’s mining and mineral processing industry, Minerals Development Oman (MDO) has instituted an alliance with Synergies Casting Oman to acquire a 14.8% stake in the company’s shareholding. In 2017, Synergies Casting Oman was formed as a joint venture between Synergies Castings India and Omani investors to manufacture aluminium alloy car wheels for the automotive industry. Synergies Casting Oman is envisaging to functionalize an alloy wheel manufacturing plant in Sohar Industrial Estate. The alloy wheel plant that is currently under construction is anticipated to commence commercial operations in Q1 2022. The alloy wheel plant project with an investment of OMR 42 million is expected with a production capacity of 1.2 million tonnes of alloy wheels and is considered...
Hindalco Industries Limited grew its aluminium billets and aluminium wire rod prices by INR 1,750 per tonne with effect from Saturday, December 25. The hike brought the company’s aluminium wire rod price to INR 260,350 per tonne as against INR 258,600 per tonne on December 23. Hindalco’s aluminium billets price stood at INR 263,350 per tonne as of December 25 in comparison with INR 261,600 per tonne on December 23. Hindalco’s aluminium ingot price also saw an increase of INR 1,750 per tonne on December 25 from INR 247,500 per tonne to INR 249,250 per tonne. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which after December 22 grew by US$37 per tonne to settle at US$2,848 per tonne as of December 24. On...
The Indian government took measures to safeguard the domestic producers from cheap imports from the neighbouring country by imposing anti-dumping duties on five Chinese products, including specific aluminium goods among others. Under a discrete notification of the Central Board of Indirect Taxes and Customs (CBIC), the duties have been imposed on definite flat-rolled products of aluminium among other products. However, these duties were imposed following recommendations from the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR). The department in separate probes has accomplished that these products have been exported at a price below normal value in Indian markets that has created dumping. The DGTR stated: “The domestic industry has suffered material...
The government of India may ponder slashing import duties on products like aluminium, steel, copper, etc. in the budget to dispense some relief to SMEs that have been heavily impacted by the escalation of input costs, as reported by two industry experts aware of this development. The experts also commented that an announcement on this is anticipated in the upcoming budget. However, no one from the ministry has commented on this as of yet. The import duty of aluminium levies 10% on aluminium, on steel it is 7.5%, copper 5% and polymers 10%. Furthermore, all the mentioned products also attract 18% integrated goods and services tax to offset local levies on the products. The sources also revealed that the taxes may now be dropped further in the budget, with a precise section of metals and...
The most vital segment of the global aluminium industry, the downstream division remained highlighted even during the last week and ending days of 2021. The world suffered heavily due to the deadly Covid-19 virus both in 2020 and as well as in 2021. In every corner of the world, the manufacturing industry was hugely impacted by close-downs, lay-offs, etc. The Covid pandemic is still not over, as many variants are emerging and keeping the fear alive. But, our hope remains positive for 2022 for a better world, for a better living. However, coming to the business, the downstream witnessed some major funding and also acquisitions this week. According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 900 tonnes week-on-week across five major consumption areas. As...
According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 900 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 74,600 tonnes as of Thursday, December 23. Only the inventory in Foshan increased by 4,200 tonnes, or 13.68 percent, while stockpiles in Wuxi, Changzhou, and Nanchang all decreased, with Changzhou accounting for the majority of the losses (down 3,100 tonnes, or 25.83 percent). Weekly arrivals of aluminium billet were remained at a low level, according to the warehouses, as producers were less interested in making shipments due to dropping RCs. Some makers of aluminium billets even intended to cut back on manufacturing. The chart below indicates the current status of aluminium billet inventories...
In September 2021, the United States imported 5,480 tonnes of aluminium plates, sheets and bars from Turkey. That remained essentially unchanged month-on-month compared to 5,490 tonnes but significantly up by 321.54 per cent from 1,300 tonnes than a year earlier. In July, the US imported 4,230 tonnes of aluminium flat-rolled products, meaning the imports in August grew 29.79 per cent M-o-M. In the third quarter of 2021 ended September 30, the United States’ aluminium plates, sheets and bars imports from Turkey totalled 15,200 tonnes, down by 26.03 per cent from 20,550 tonnes in Q2 2021 but up by 64.32 per cent from 9,250 tonnes in Q3 2020. From January to September, the United States imported 46,200 tonnes of aluminium plates, sheets and bars in total from Turkey, 32.38 per cent higher...
According to China customs data, the country’s aluminium extrusion exports (tariff codes 76041010, 76041090, 76042100, 76042910, 76042990) stood at 88,100 tonnes in November 2021, up by 18 per cent month-on-month and an increase of 5 per cent year-on-year. Of the total exports, the European Union accounted for 6.95 per cent, meaning China exported 6,100 tonnes, 17 per cent more than a month and 19 per cent than a year. The other main export destinations in November included Vietnam, accounting for 10.22 per cent, Nigeria 10.22 per cent, the Philippines 6.98 per cent, Nigeria 4.52 per cent, Malaysia 4.44 per cent, and Australia 4.39 per cent. The exports to other 150 countries accounted for more than 70 per cent of the total exports. Among the Chinese provinces, the exports from Guangdong...
Commonwealth Rolled Products Inc. will invest more than $167 million in its Lewisport aluminium rolling factory, says Kentucky Governor Andy Beshear. The 2.3 million-square-foot facility, which is now owned by New York-based American Industrial Partners (AIP), contains a large cast house and melt shop. According to the governor's office, the Commonwealth investment will include new equipment and facility modifications to modernise the business and better position the Commonwealth to service automotive and industrial clients. “This is an exciting time for the company, our customers, employees and the local community. The investment will allow us to complete the over $750 million investment program we started in 2015 to make the Lewisport facility the most modern and cost competitive...
The Aluminium Stewardship Initiative has reportedly announced the joining of Speira as ASI’s new Production and Transformation member, bringing the total number of members to 208. Speira is a global aluminium rolling and recycling company, which stands for the circularity of metal production, usage, and recycling again and again. Its operations are built on over a century of aluminium rolling and recycling experience and technical expertise for aluminium products. The company has seven manufacturing facilities and one R&D centre located in Germany and Norway, with employs of around 5000 people. The company follows a holistic strategy aiming at a clear set of priorities to minimize its product’s environmental footprint throughout their life cycle. Furthermore, it promotes resource...
On 20 th December 2021, the Canadian global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries, Exco Technologies Limited, publicized that it has inked a definitive agreement to acquire the extrusion dies business of Halex Holdings GmbH (“Halex ® Extrusion Dies”). However, the transaction is expected to conclude in the spring of 2022. Nick Gnatyuk, Vice President and General Manager of Exco’s Extrusion Group, said: “This acquisition will provide us with well-established and high-quality operations, manufacturing complex extrusion dies in Europe and will also allow us to better support our global customers.” “We have been looking to expand into Europe for some time and we see Halex as the perfect fit." In 1990, Halex Extrusion Dies initiated its...
The largest aluminium producer of India, Vedanta’s Aluminium Business has rolled out high-speed billets for the global extrusion industry through a virtual event with associates from the downstream and extrusion industry. The commodity tycoon Anil Agarwal chaired company’s global experts on billet extrusion also shared a heap of initiatives as part of its Customer Technical Service cell for unparalleled customer experience. Vedanta Aluminium’s high-speed billets launch was a part of its portfolio of billet offerings, produced with distinguished engineering precision. It applied the best-in-class global technologies like Wagstaff Hot-Top Air Slip Casting System (USA) and Hertwich Continuous Homogenising Furnace (Austria) have been used to manufacture these billets. Rahul Sharma, the CEO of...
According to the US Geological Survey (USGS), the US imported 3,510 tonnes of US aluminium plates, sheets, and bars from South Africa in September 2021, showing a month-on-month descend of 3,780 per tonnes or by 51.85 percent. In August 2021, 7,290 tonnes of US aluminium plates, sheets, and bars were imported from South Africa, showing a hike of 6,270 tonnes from 1,020 tonnes in July 2021. On a year-on-year calculation, the US aluminium plates, sheets, and bars imported from South Africa in September 2021 moved down by 1,630 tonnes or by 31.71 percent from 5,140 tonnes. From January to September, the imported aluminium plates, sheets, and bars from South Africa stood at 26,200 tonnes. For the same period last year, the amount closed at 25,500 tonnes. As per the data shared by the USGS,...
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices back-to-back on Saturday, December 18. The company grew its aluminium wire rod price by INR 5,000 per tonne or 2.03 per cent from INR 245,850 per tonne on December 17 to INR 250,850 per tonne. Hindalco’s aluminium billets price also saw a hike of INR 5,000 per tonne from INR 248,850 per tonne to INR 253,850 per tonne as of December 18. Seeing a raise of INR 5,000 per tonne as well on December 18, Hindalco’s aluminium ingot price came in at INR 239,750 per tonne, compared to INR 234,750 per tonne on December 17. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which further jumped by US$64 per tonne on December 17 to...
Indian scientists have succeeded in developing an environment-friendly process for enhancing the anti-corrosive feature of high-strength aerospace aluminium alloys. The aerospace, automobile and marine sector globally utilizes aluminium alloys as applications precisely for its strength-to-weight ratio (low density and high specific strength), while among varied aluminium alloys, heat treatable wrought alloy compositions possess high mechanical strength and are customarily preferred by the aerospace industry. The aerospace parts made from these aluminium alloys, comprising landing gear, wing spar, fuselage, skins, pressure cabins and so on, are anticipated to influence high fatigue life and corrosion resistance. The state-owned Autonomous Research and Development Centre of Department of...
The downstream segment of the aluminium industry derives its major raw material from the primary sector and is considered the most vital part of the industry. The week witnessed some notable events of acquisition and investment for developments in the downstream segment. The Russian aluminium giant Rusal stated that it has already completed a comprehensive programme of overhauls and modernisation of production at the SKAD plant. Austria’s AMAG accomplishes the acquisition of German firm Aircraft Philipp. However, with this acquisition, it will be the sole owner from the turn of the year. Following the accomplishment of the takeover, the name of the company will also change to AMAG components. On 10th December 2021, the board of auto components maker Minda Industries at its meeting has...
