Anshika Jain resigned as Company Secretary and Compliance Officer of Golkonda Aluminium Extrusions Ltd. on October 24, 2026, citing personal reasons. The company informed the Bombay Stock Exchange about her resignation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " In her letter, Jain said there were no other reasons for her resignation beyond the personal reasons mentioned. She also asked the Board to accept her resignation and complete the required formalities under the Companies Act, 2013. Managing Director Geeta Sethi signed the disclosure on behalf of the company’s Board. The...
China exported 208,000 tonnes of aluminium flat-rolled products (FRP) to the United States in the first half of 2026, compared with 55,000 tonnes in the same period last year. This was an increase of 278.2 per cent, with plates, sheets and strip accounting for most of the growth. Exports of plates, sheets and strip (HS 7606) reached 184,000 tonnes in H1 2026, up from 33,000 tonnes a year earlier, an increase of 457.6 per cent. Shipments rose from 86,000 tonnes in Q1 to 98,000 tonnes in Q2, up 14 per cent. Compared with the 13,000 tonnes exported in Q2 2025, the latest figure was 653.8 per cent higher. Explore further insights and forecasts for the aluminium flat rolled products (FRP) market from our comprehensive report: Aluminium Flat Rolled Products: Insights & Forecast to 2030 In 2025,...
Grow with
AL Circle
From a distance, Golkonda Aluminium Extrusions’ Q2 FY26 numbers suggest movement but up close, they show how little of it there was. The micro-cap non-ferrous metals company, valued at INR 40 million (USD 0.44 million), reported net sales of INR 1.9 crores (USD 0.2 million) and a net profit of INR 0.5 million (USD 5525). That was an improvement from Q1 FY26, when revenue was nil. The year-on-year comparison only adds to the illusion. Sales were up 280 per cent from INR 0.5 million (USD 5525) in Q2 FY25, but the base was so low that the growth says more about arithmetic than execution. Revenue did reappear sequentially, yet the pattern across quarters remains uneven, with activity flickering on and off rather than building. Profit moved the same way, dropping sharply from INR 1.7 million...
The numbers tell a quiet but compelling story. Year after year, global aluminium foil consumption has moved steadily upward - not in bursts, but in a measured climb that signals durable, long-term demand that helps in aluminium market forecast. Back in 2018, worldwide aluminium foil usage was about 5.3 million tonnes. By 2023, that figure had climbed to 6.1 million tonnes. Current estimates place consumption at roughly 6.8 million tonnes in 2025, with volumes expected to move closer to 7 million tonnes in 2026. Europe is following a similar path. Demand is gradually firming up, supported largely by pharmaceutical packaging and the region’s continued shift toward premium products. However, stricter regulations aimed at reducing packaging waste, along with elevated energy costs, are keeping...
The European Commission’s proposed extension of the Carbon Border Adjustment Mechanism (CBAM) has gained the support of Metal Packaging Europe (MPE), advocating fairer carbon pricing in line with broader climate objectives and decisive action to address emissions across supply chains. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 " CBAM, a policy tool, aims to put a fair price on carbon emissions produced during the manufacturing of carbon-intensive goods like aluminium, steel, cement, etc., imported into the European Union. The European Commission has proposed extending CBAM to include downstream products of iron, steel and aluminium, with the expanded scope to be implemented from January 1, 2028. Read...
According to the latest regulatory filing, Summit Global Investments has significantly reduced its exposure to Kaiser Aluminum Corporation during the third quarter. The investment firm trimmed its holding in the industrial products manufacturer by more than half, selling 5,683 shares over the period. As a result, Summit Global ended the quarter with 5,347 shares of Kaiser Aluminum stock, a position valued at approximately USD 413,000 at the close of the reporting period. Kaiser Aluminum is a US-based manufacturer of semi-fabricated aluminium products traded on the Nasdaq under the ticker KALU. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 ". The move came amid broader portfolio adjustments by institutional...
Failing initially doesn’t mean failing overall - it just means something needs to be fixed, and that’s what summarises the whole of Alcoa’s financial report card. Alcoa started the year well, but after that it mostly went quiet. The business didn’t really improve again until the last quarter, which is what ended up saving the year. Alcoa President and CEO William F. Oplinger said, “Reflecting on 2025, we maintained our pace of delivering on key operational, strategic, and capital allocation objectives, while setting numerous production records. We continue to build on our positive momentum through disciplined operational and financial execution, along with strategic initiatives to maximise value creation.” If we look at the numbers, revenue started strong. In the first quarter, Alcoa...
On January 27, Mohan Charan Majhi, Chief Minister of Odisha, inaugurated India’s first Flat Rolled Products (FRP) aluminium unit at Hindalco Industries’ Aditya Aluminium plant in Lapanga, Sambalpur district. Achieving a significant milestone in downstream aluminium manufacturing, this involves an investment of about INR 212 billion (USD 2.3 billion). The project is expected to generate over 5,000 direct and indirect employment, supporting domestic industrial growth. Explore- Most accurate data to drive business decisions with Global Aluminium Industry Outlook 2026 across the value chain The project consists of a specialised battery foil unit, built with an estimated investment of INR 8.34 billion (USD 90.1 million). It is aimed at bolstering critical raw material needs with support up to...
The Ahmedabad Police have intercepted members of an inter-state gang involved in repeated thefts of aluminium wires from UGVCL power lines in Viramgam, Mandal and Detroj talukas, arresting four persons and recovering stolen material and vehicles worth nearly INR 8 lakhs (USD 800,000). Explore- Most accurate data to drive business decisions with Global Aluminium Industry Outlook 2026 across the value chain The Ahmedabad Range Inspector General and the Ahmedabad Rural Superintendent of Police led the operation to curb damage to power infrastructure. A special team from the Viramgam Division that was working with the Ahmedabad Rural Local Crime Branch received information on January 20 that stolen aluminium wires were being smuggled between two Bolero pickup vehicles near the Saurashtra...
SMS Group, on January 21, celebrated the grand opening of its new manufacturing facility, directly reflecting its international expansion strategy. By introducing this state-of-the-art technology, the firm is not only highlighting its growth but is also addressing the increasing demand in one of the world’s most vibrant steel markets. The new site, with 160 employees and nearly 400 contracts on board, forms another pillar of the SMS Group’s global manufacturing operations located in Sanand near Ahmedabad. The site will be manufacturing machines and equipment, which will aid in processing flat and long products alongside the forging technology. Nearly 250 guests, from both the political and business sectors, attended the event, which was officially opened with a ceremonial ribbon-cutting...
The traditional question, "Is demand going up or down?" is no longer relevant for the downstream aluminium industry. The better questions for 2026 are where demand stays steady, where it weakens, and which products show resilience even though the economy is not looking up. Downstream is where aluminium turns into real revenue with extrusion orders, FRP deliveries, casting programmes, long-term OEM supply lines and so on. In 2026 and beyond, the demand will become even more uneven and selective, thereby creating clear pockets of strength and stress. AL Circle’s flagship report Global Aluminium Industry Outlook 2026 highlights that the market is not collapsing; it’s splitting into winners and laggards. This article is broken down into different downstream product demands, their end-use...
The Aluminium Association of India (AAI), ahead of the Union Budget for 2026–27, has urged the government to expand the basic customs duty on all aluminium products, including scrap, to 15 per cent. This has been demanded to limit the influx of low-quality imports and protect domestic manufacturers. Image generated by AI for representational purpose The association believes that by initiating this move, it would be possible to align the quality standards for aluminium scrap in India with global leaders like the EU and China, while also preventing the country from becoming a dumping ground for metal waste. Additionally, the AAI pointed out that the domestic aluminium industry, due to unchecked imports, is still under pressure, even though there's enough local capacity to satisfy current...
Swisstek Aluminium, a leading Sri Lankan aluminium extrusion manufacturer in Sri Lanka and part of Vallibel One PLC, has opened a dedicated ‘Design Studio’ to support modern aluminium solutions for both homes and commercial building projects. Uncovered at Swisstek’s headquarters on Nawala Road in Colombo 05, the new studio is positioned as a platform to aggravate engagement with architects, designers, developers, and fabricators. It will distinctively equip design support, technical consultation, and visualisation tools tailored to contemporary architectural aluminium applications. Swisstek Aluminium offers a wide range of aluminium extrusions and architectural systems, such as sliding and swing doors, curtain walls, folding systems, glass partitions, and louvres. These products are...
In the underfloor heating and cooling application, especially within the automotive sector and data centres, Bridgnorth Aluminium, the UK's leading manufacturer of flat rolled aluminium coils, is undertaking opportunities, which already include an investment in capital equipment. Given that the firm is one of the largest employer in the town, it is setting up a refurbished Schmutz line worth GBP 600 thousand (USD 830 thousand) at its spacious facility on Stourbridge Road. With this initiative, the firm is now able to enhance its ability to finish thinner gauge materials in-house. The equipment, installed and upgraded by skilled engineers, is set to handle the slitting and winding of thin-gauge aluminium reels for customers throughout Wales, the EU and the US. Also read: Export momentum...
Maan Aluminium Limited, for its Extrusion Sales & Marketing division, has named Sured Babu D as the new Vice President. By appointing him, the firm is moving its leadership focus to higher sustainable growth in the aluminium extrusion market, especially in sectors like industrial engineering and Building & Construction (B&C). In the role of Vice President, Suresh Babu D is expected to take charge of generating higher sales, marketing and developing customer engagement strategies by shifting the focus mainly on making value-added aluminium extruded products, which directly links with the company's expansion and overall growth initiatives. Also read: Metro Mining: Changes to executive leadership team The firm’s new Vice President, given his vast knowledge about the aluminium extrusion...
The global aluminium downstream sector, with further alignment with the end-use sector are undergoing some serious changes, driven by everything from major industrial expansions and strategic partnerships to fresh technology launches, policy shifts and market signals. This week’s news highlights a trend towards deeper integration in the supply chain, a surge in investment activity, and shifting dynamics in trade and electric vehicles. These factors could subtly alter the competitive landscape across various value chains. Expansion & projects that are helping society VALCO announced the plan to expand its smelter operations , aiming to boost capacity from 23 per cent to 40 per cent. This initiative aligns with Ghana’s effort to enhance value addition in the aluminium sector and lessen...
Achenbach, one of the world’s leaders of aluminium foil rolling mills and slitting machines, has just landed the biggest single order in its history. The firm will be providing a cutting-edge aluminium foil plant to Tahweel Metal Industry Corporation (TMIC), as per the supply contract. The announcement was made in Riyadh, Saudi Arabia, last week. At a prestigious ceremony which was being attended by His Excellency Mr. Bandar bin Ibrahim Al-Khorayef, the Minister of Industry and Mineral Resources, along with His Excellency Eng. Khalid bin Saleh Al-Mudaifer, the State Secretary for Mining Affairs, where the order acquisition announcement was made. The foil company was represented at this significant event by President & CEO André E. Barten and Director of Global Sales Christian Schneider,...
HARBOR Capital Advisors has marginally trimmed its exposure to aluminium products manufacturer Constellium SE, according to a recent regulatory disclosure in the United States. A Form 13F filing with the Securities & Exchange Commission shows that the investment firm reduced its holding during the quarter by 15 shares, leaving it with 868 shares in total. At the time of reporting, the position was valued at roughly USD 20,000. The adjustment by HARBOR Capital comes amid a broader reshaping of shareholdings in Constellium by a number of institutional investors. Blue Trust, Inc. appeared on the register for the first time, acquiring 250 shares with an estimated value of USD 4,710. Allspring Global Investments Holdings, LLC strengthened its position, lifting its stake by 9.69 per cent after...
Shares of Press Metal Aluminium Holdings Bhd saw a sharp upward momentum on Wednesday, January 21, reaching a fresh high of MYR 7.40 (USD 1.83) , and marking a 42.86 per cent rise over the past twelve months. The record was achieved as the FTSE Bursa Malaysia KLCI (FBMKLCI) index went 0.4 per cent higher at MYR 1,705.81 (USD 422.23) , with Press Metal establishing itself as one of the significant aluminium producers in the Malaysian aluminium industry. Explore- Most accurate data to drive business decisions with Outlook 2026 insights across the value chain In January 2026, Press Metal announced that it had secured hedging arrangements which encompassed 40 per cent of its alumina supply for the year. The rates were equivalent to 14 to 15 per cent of spot aluminium prices. The move is aimed...
Ramkrishna Forgings Limited has introduced commercial production at its new aluminium forging unit in Jharkhand on January 20, 2026. With this new project, the company expands the scope and prospects of its manufacturing operations beyond steel. Explore- Most accurate data to drive business decisions with Outlook 2026 insights across the value chain The facility, located at Plant V in Baliguma village under the Kolabira post office area of Saraikela–Kharsawan district, has an installed capacity of 3,000 tonnes per annum and marks the company’s first operational step into aluminium forging. Set up with modern forging equipment and tightly controlled production systems, the plant is designed to manufacture precision aluminium components that combine strength with reduced weight. These...
