Kaiser Aluminum is seeing stronger demand across aerospace, defence, packaging and semiconductor-related markets, with customer bookings extending into 2027. However, the aluminium producer’s latest results highlight a challenge: converting rising shipments and record conversion revenue into stronger profitability as planned outages, lower scrap utilisation and startup costs weigh on margins. The company reported third-quarter 2026 shipments of 300 million pounds, up from 270 million pounds in the same period last year, while conversion revenue climbed 25 per cent year-on-year to a record USD 439 million from USD 351 million. Net sales reached USD 1.21 billion. Despite the growth, adjusted EBITDA increased by only USD 3 million year-on-year to USD 84 million. A USD 29 million unfavourable...
The US aluminum industry is placing renewed emphasis on workforce safety, domestic production, and material recovery, with the Aluminum Association’s sold-out Casthouse Safety Workshop in Charlotte, North Carolina, highlighting the importance of safe molten aluminum handling. The program trained more than 120 industry workers and has been running for over 30 years, with the Association describing it as a global benchmark for casthouse operators and supervisors. The workshop comes as the industry continues to focus on strengthening domestic manufacturing capabilities and supply chains. Alongside workforce training, the Aluminum Association has called for bipartisan permitting reform to accelerate investment in US aluminum production, arguing that faster approvals could help unlock the...
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MMP Industries Limited has reported a strong performance for the fourth quarter of FY26, recording growth in revenue, operating profit and net earnings on both a quarterly and yearly basis. The company, which manufactures aluminium powder, aluminium pastes and atomised powders for industries including construction, infrastructure, defence and industrial manufacturing, also announced a maiden final MMP Industries currently has a market capitalisation of around INR 70.6 million (USD 82.4 million), while its stock was trading near INR 279 (USD 3.26) per share. During Q4 FY26, revenue from operations rose around 23 per cent quarter-on-quarter to INR 2.5 billion (USD 29.2 million), compared with INR 2.03 billion (USD 23.7 million) in Q3 FY26. On a yearly basis, revenue increased nearly 12 per...
Press Metal Aluminium Holdings is expected to enter a stronger earnings phase as higher aluminium prices and easing raw material costs support profit growth in the coming quarters, according to RHB Research. RHB maintained its “Buy” recommendation on Press Metal with an unchanged target price of RM10.50 (USD 2.66), implying about 18 per cent upside from current levels. The brokerage said the company is benefiting from stronger aluminium prices and softer alumina costs, which could support earnings through FY2026. Press Metal Aluminium Holdings is scheduled to announce first-quarter FY2026 results on May 28. Analysts expect net profit in the range of RM650 million to RM720 million (USD 164.45 million to USD 182.15 million). That would represent a 5 to 15 per cent increase from the previous...
Kaiser Aluminum Corporation, a US-based producer of semi-fabricated aluminium products, saw changes in shareholder holdings during the fourth quarter, with Systematic Financial Management LP reducing its stake by 2.2 per cent, according to its latest filing with the US Securities and Exchange Commission (SEC). The investment firm held 258,210 shares in Kaiser Aluminum at the end of the quarter after selling 5,791 shares. The holding was valued at about USD 29.66 million and represented approximately 1.59 per cent ownership in the company. Several other institutional investors also reported changes in their holdings. Vanguard Group increased its position by 0.3 per cent in the fourth quarter and held 2,117,791 shares valued at USD 243.25 million after purchasing an additional 5,823 shares....
The global aluminium downstream sector is witnessing a sharp realignment as Middle East supply disruptions, uneven corporate earnings, expansion investments and changing trade flows reshape market dynamics. While producers navigate rising aluminium prices , shipment costs and operational setbacks, demand from packaging, aerospace, EVs and recycling continues to influence long-term growth strategies across key regions. Financial performance and corporate moves Shyam Metalics and Energy Limited reported a strong Q4 FY26 performance, with profit after tax rising 42 per cent year-on-year to INR 3.12 billion, backed by higher sales volumes, stronger realisations and improved operational efficiency across its aluminium foil, steel and speciality alloy businesses. Quarterly revenue climbed 27...
Thatcham Research has launched a new aluminium welding certification programme aimed at helping vehicle repair technicians work on modern aluminium vehicle structures, including megacast components. The certification has been introduced as vehicle manufacturers increasingly adopt aluminium-intensive designs and megacasting techniques to improve manufacturing efficiency, reduce weight and support electric vehicle development. Megacasting involves producing large sections of a vehicle body as a single aluminium casting instead of using multiple steel components. The process, first associated with Tesla, is now also being adopted by companies including Toyota and Ford. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036:...
Surging aluminium prices driven by the Middle East conflict, fuelled by a tax gap across the Strait of Hormuz, have prompted Chinese producers and traders to ramp up supply of aluminium in processed or semi-fabricated form rather than as ingots. Consequently, China’s aluminium stranded wire exports witnessed a sharp spike in April. According to customs data released on Wednesday, China exported 15,565 tonnes of aluminium stranded wire, cables and related products excluding steel-core material in April. The volume marked a jump of more than 166 per cent year-on-year and nearly 95 per cent higher than March levels. Explore the accurate insights and forecasts for the aluminium flat rolled products (FRP) market in Aluminium Flat Rolled Products: Insights & Forecast to 2032 Against the...
Novelis said the hot mill aluminium plant at its Oswego plant in New York is expected to resume production within the next few weeks following recovery work after two major fires in 2025. The company had earlier expected the restart to take place by the end of June, but said commissioning activities are now progressing faster than previously estimated. The Oswego facility experienced two separate fires in September and November 2025. The incidents were contained to the hot mill area, and no injuries were reported; all employees were evacuated safely during both events. Explore: The most comprehensive and forward-looking industry-focused report " Aluminium Flat Rolled Products: Insights & Forecast to 2032 " According to Novelis, other critical assets at the Oswego plant remained...
Herefordshire Council has expanded its household recycling rules to include aluminium foil, foil trays, foil-lined tubes and plastic tubes such as toothpaste and cosmetic packaging. The council said the update is intended to make recycling easier for residents by allowing more commonly used household items to be collected through existing recycling services. According to the council, items that may previously have been discarded as general waste can now be placed in household recycling bins if prepared correctly. Explore: The most comprehensive and forward-looking industry-focused report – World Recycled ALuminium Market Analysis Industry forecast to 2032 Elissa Swinglehurst said the changes are aimed at helping residents recycle more everyday materials while reducing confusion around...
The North American aluminium market has witnessed sharp shifts in trade dynamics, the trend shifting with policy changes and geopolitical developments. In 2025, North America’s aluminium market showed signs of recovery, with demand ending the year on a stable note despite economic and trade-related headwinds. According to the latest Aluminium Situation report by the Aluminium Association, the region recorded a modest 0.8 per cent increase in aluminium demand, backed by stronger manufacturing activity in the second half of the year after a weak start. Charles Johnson, President and CEO of the Aluminum Association, noted, “North American aluminium demand showed resilience in 2025, finishing the year essentially flat despite ongoing economic and trade uncertainty.” Explore the accurate...
Novelis reported lower earnings for the fourth quarter and full fiscal year 2026 after production disruptions caused by two fires at its Oswego, New York facility significantly affected shipments and profitability. The company posted a net loss attributable to shareholders of USD 84 million in the fourth quarter, compared with net income of USD 294 million in the same period last year. Excluding special items, quarterly net income stood at USD 227 million, down 13 per cent year-on-year. For the full fiscal year, Novelis reported net income attributable to shareholders of USD 15 million, down 98 per cent from USD 683 million in fiscal 2025. Excluding special items, annual net income declined 38 per cent to USD 476 million. The company said production interruptions at the Oswego plant...
EMS, a distributor specialising in value-added aluminium products and backed by Wynnchurch Capital, has confirmed the acquisition of American Metals Supply (“AMS”), strengthening its position across the patio and industrial aluminium markets. AMS was founded in Tampa, Florida, more than 25 years ago and has since grown its presence across the United States. The company supplies aluminium products used in residential, commercial, industrial and patio applications, and is recognised for maintaining strong inventory levels and dependable delivery services. EMS Chief Executive Mike Swedick said the two companies share a similar operating approach focused on service, responsiveness and supporting manufacturers and contractors with reliable supply. He added that the acquisition would extend...
Constellium SE and Ryerson Holding Corporation are drawing investor attention as aluminium prices remain elevated amid global economic uncertainty and trade tensions. Strong demand for lightweight electric vehicles, recycled aluminium, rechargeable batteries and aerospace applications continues to support aluminium consumption globally. Healthy air travel activity and rising aircraft production are also boosting demand for aluminium alloys used in fuselages and wings. Constellium strengthened by packaging and aerospace growth Constellium has continued to benefit from strong momentum across its Packaging & Automotive Rolled Products business. Demand for packaging rolled products in North America and Europe, along with automotive rolled product orders in North America, supported strong...
China Hongqiao Group said social inventories of aluminium rods have been declining steadily since mid-March 2026, although aluminium ingot inventories remain relatively high due to delayed downstream demand recovery and cautious purchasing amid elevated aluminium prices. Speaking at the company’s performance briefing on May 15, Hongqiao Holdings cited publicly available industry data showing continuous destocking in aluminium rods, while the pace of inventory reduction in aluminium ingots has been comparatively slower this year. For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026" According to Hongqiao, several factors contributed to slower destocking in the aluminium market earlier this year. These included the late timing...
On May 15, an advertisement was created by Manaksia Aluminium Company Limited, an Indian manufacturer of value-added, secondary aluminium products, in the editions of Business Standard (in English) and Ek Din (in Bengali). The reason behind the advertisement in the traditional newspaper is to create awareness among the shareholders about the new opportunity to resubmit the physical share transfer requests. The information shared in the newspaper and notice is in alignment with the current Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Moreover, on the same day, the notice was also sent to both BSE Limited and the National Stock Exchange of India Limited. In the Securities and Exchange Board of India (SEBI)'s Circular No....
Nam Lee Pressed Metal Industries Limited, a Singapore-based aluminium manufacturing company, reported higher revenue and stable profit for the first half of the financial year ended March 31, 2026, supported by stronger aluminium and reefer container sales. Revenue for the six months rose 28 per cent year-on-year to SGD 127.4 million (USD 99.48 million) from SGD 99.5 million (USD 77.7 million) in the corresponding period last year. To gain insights into the the current aluminium extrusions market, explore our report The World of Aluminium Extrusions – Industry Forecast to 2032 Profit after tax increased 4.3 per cent to SGD 12.2 million (USD 9.52 million), while earnings per share rose to 5.03 Singapore cents (USD 0.039) from 4.82 Singapore cents (USD 0.037) a year earlier. The company...
Shares of Sundaram Clayton were in focus after the company released its audited FY26 financial results, reporting a turnaround in net profit following a large one-time gain from asset monetisation. The company, which manufactures aluminium die-cast components for the automotive sector, reported consolidated revenue from operations of INR 2,025.61 crore (USD 211.60 million) for FY26, compared with INR 2,259.30 crore (USD 236.01 million) in the previous year. Sundaram Clayton said the year-on-year comparison was affected by the transfer of its Hosur two-wheeler casting business at the end of FY25. Despite the profit turnaround, the core business remained loss-making before exceptional items. Consolidated loss before exceptional items widened to INR 185.46 crore (USD 19.34 million) from INR...
On Tuesday, the Government of Haryana passed approval for several primary industrial projects and incentive packages under the Haryana Enterprise and Employment Policy (HEEP) 2020. It aims to reinforce manufacturing capacity, investment, as well as state-wide employment generation across multiple sectors, including aluminium packaging, automotive components , drones, and batteries. The decisions were made at the 19th review meeting of the Haryana Enterprises Promotion Board (HEPB). Explore the accurate insights and forecasts for the aluminium flat rolled products (FRP) market in Aluminium Flat Rolled Products: Insights & Forecast to 2032 The meeting was held in New Delhi and chaired by the Chief Minister of Haryana, Mr Nayab Saini. Haryana Industries and Commerce Minister, Rao Narbir...
Over the years, the Middle East has been a notable contributor to the global primary aluminium production and trade. Out of the 6-6.5 million tonnes produced in the region, 5-5.5 million tonnes are exported, underlining the lion’s share of the production being shipped overseas. This share accounts for about 9 per cent of the total primary aluminium trade volume in the global market. However, it is interesting to note that the Middle Eastern region, particularly the Gulf Cooperation Council, also contributes to the trade and export of aluminium downstream products. Discover: The Gulf aluminium market risks, China impact, and logistics disruptions shaping pricing and trade in the Gulf Disruption Roadmap Uday Patel, Principal Analyst at Wood Mackenzie, noted, “What this disruption highlights...
