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,...
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Ramkrishna Forgings, one of India’s leading manufacturers of forged and machined components, has issued INR 3.4 million (USD 37,067) warrants to promoter Chaitanya Jalan for INR 588 (USD 6.46) per warrant, amounting to a total of INR 19.9 billion (USD 21.7 million) in warrants. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 ”. This move stands out as a strong show of promoter confidence in the backdrop of Ramkrishna’s commercial production commencement of the Aluminium Forging Facility in Jharkhand. The warrants have been allotted exclusively to Mr Jalan, as per the regulatory disclosures and are most likely to be converted into equity shares anytime within an 18-month window. Read More: Drivers of negative...
Novelis, the leading sustainable aluminium solutions provider and a global icon in aluminium recycling and rolling, has appointed Emilio Braghi as its new Chief Operating Officer (COO). Reporting directly to the President and CEO, Steve Fisher, Braghi would be taking up his new responsibilities immediately. Explore- Most accurate data to drive business decisions with Outlook 2026 insights across the value chain Having joined the organisation as a sales manager in 1999, Braghi has held many leadership roles, including Europe, Asia and North America. In his new role, he would work on operational performance optimisation and advancing best practices in safety, quality, and reliability, while continuing as the President of Novelis Europe, based in Küsnacht, Switzerland. Commenting on Braghi’s...
Static Hydraulic Pvt. Ltd. (SHPL), a leading Indian manufacturer of hydraulic and industrial automation solutions, has partnered with Xing Tian Xia Machinery Co., Ltd. (XTX), a globally recognised Chinese producer of aluminium extrusion presses. Under this partnership, XTX will introduce its extrusion press solutions in the Indian market, with the products being offered under the co-branded name XTXSH and marketed through SHPL’s sales network. This aims to provide an economic solution to the Indian extrusion industry. The alliance brings together XTX’s three decades of expertise in aluminium profile extrusion press design, automation, and intelligent manufacturing solutions with Static Hydraulic’s strong capabilities in hydraulic systems, components, and industrial solutions, creating a...
The US’s latest countervailing duty action against rebar imports from Algeria, Egypt and Vietnam is definitely a steel story. But in the layer under, it is shaping up to be a structural aluminium demand event for the North American construction ecosystem. In January 2026, the US Department of Commerce imposed preliminary countervailing duties of 72.94 per cent on Algerian rebar, 29.51 per cent on Egyptian material and 1.08 per cent on Vietnamese shipments, on top of the blanket 50 per cent steel and aluminium tariff regime. The move followed investigations launched in mid-2025 after domestic producers alleged heavy subsidisation and dumping. Also read: Role of energy prices 2025 and outlook in aluminium’s next 25 years, considering three likely distinct scenarios The immediate effect...
US-based semiconductor and electronic components manufacturer Vishay Intertechnology, Inc. (NYSE: VSH) has expanded its 193 PUR-SI series of miniature snap-in power aluminium electrolytic capacitors with voltage ratings of 550 V and 600 V. Produced under the Vishay BC components portfolio, the capacitors deliver up to 30 per cent higher ripple current than comparable devices in similar case sizes. To know more about the global primary aluminium industry 2026 outlook, pre-book the report " Global Aluminium Industry Outlook 2026 ” at a special price. In earlier series, designers would traditionally link three 400 V to 450 V capacitors in series and used voltage balancing resistors across each device. This method would add possible sites of failure and design complexity. So, in the new 193...
Saudi Arabia is set to expand its downstream aluminium manufacturing footprint after PIF and Red Sea Aluminium Holdings (RSAH) agreed initial terms to jointly develop an advanced, single integrated aluminium complex in Yanbu, located on the Kingdom’s western coast. To know more about the global primary aluminium industry 2026 outlook, pre-book the report " Global Aluminium Industry Outlook 2026 ” at a special price. The proposed development brings together the Public Investment Fund (PIF) and RSAH , a joint venture between Innovation Global Industries, Innovation New Materials and Shandong Innovation Group, to establish one of the Middle East’s largest continuous casting facilities. The joint venture will focus on producing a multi-segment product range of high-value aluminium, supporting...
Prime Minister Mostafa Madbouly recently visited Egypt Aluminium Company to inspect the newly commissioned high-quality aluminium wire production line. The facility, now fully operational, has been installed at a cost of close to USD 17.5 million and marks a significant upgrade in the company’s manufacturing capability. To know more about the global primary aluminium industry 2026 outlook, pre-book the report " Global Aluminium Industry Outlook 2026 ” at a special price. The project was delivered in partnership with Italian engineering firm Properzi and adds a high-quality aluminium wire line with an annual capacity of 60,000 tonnes. According to the Ministry of Public Business Sector, this single addition effectively doubles Egyptalum’s total aluminium wire output to 120,000 tonnes a...
Walter has expanded its Tiger·tec Gold thread milling range with a new grade WSM37G, featuring PVD aluminium oxide coating. Rather than focusing on a single application, the new grade has been developed to operate across a wide spectrum of materials and machining conditions, delivering high temperature resistance and extended tool life, according to Walter. To know more about the global primary aluminium industry 2026 outlook, pre-book the report " Global Aluminium Industry Outlook 2026 ” at a special price. The product supports thread milling from a nominal diameter of 16 mm or UNC three-quarters and can be applied to steels, stainless steels, cast iron, non-ferrous materials, heat-resistant superalloys and hardened steels up to 55 HRC across ISO P, M, K, N, S and H materials groups....
The Volta Aluminium Company Limited (VALCO) announced the plan for expanding its smelter operational capacity to 40 per cent from the current 23 per cent. The initiative supports Ghana’s downstream value-addition chain, overcoming the limitations of exporting primary aluminium only. This strategic shift has helped VALCO evolve from its previous role of primary aluminium producer to one also focused on broader industrial development and financial boost. Explore- Most accurate data to drive business decisions with Outlook 2026 insights across the value chain The initiative, called the Continuous Cast Rod (CCR) project, will contribute 1 per cent to Ghana’s GDP, which is approximately USD 1 billion, through expanded aluminium-based industries. Moreover, it has the potential to generate more...
The global aluminium downstream, in 2026, looks with a fresh wave of energy, driven by changing corporate strategies, stronger demand signals and shifting leadership priorities. From stock fluctuations and portfolio adjustments to growth forecasts tied to capacity and changes in the boardroom, recent events indicate that downstream sectors are ramping up to unfold the next chapter of market growth. All these indicators hint at significant structural changes taking place in aluminium conductors, extrusions and value-added manufacturing, setting the groundwork for important developments on the horizon. Share price rally in the global AL downstream sector Oricon Enterprises Limited notified the stock exchanges that its Board of Directors has approved the sale of assets tied to its aluminium...
Currently, the UK’s sole and last remaining producer, Bridgnorth Aluminium, of aluminium flat rolled coils, is looking forward to resuming 24/7 operations within the key process areas. It will be the first in the last three years where the firm has been able to reach the production level and is deemed to create great working opportunities for the local and nearby people. Adrian Musgrave, the Commercial Director of Bridgnorth Aluminium, stated, "Aluminium is taking on a far greater significance and profile as we move towards Net Zero, with the material ideally suited for recycling, lightweighting and for use in batteries and renewable power generation. Thanks to recent investments, our strong technical teams and ongoing training for staff, we are in a really good position to take...
Press Metal Aluminium Holdings Bhd has revamped its board with the appointment of Amnah Apasra Emir Moehamad Izat Emir as an independent non-executive director, effective January 2, 2026. According to a filing with Bursa Malaysia, the Shah Alam-based aluminium producer confirmed that Amnah, aged 60, joins the board, bringing decades of experience in architecture, urban development and infrastructure-led design. Also read: HLIB upgrades Press Metal target to USD 1.84 on record earnings outlook, strong aluminium prices She is the founder of Neuformation Architects Sdn Bhd, a practice recognised for its work across transport-oriented architecture, MICE facilities, information technology buildings and industrialised building system (IBS) construction. Amnah has also played a role in major...
As 2025 has made an exit with 2026 endeavours coming into practice, the aluminium extrusion market witnessed a steady Y-o-Y growth. The global demand approximately reached 34.3 million tonnes in 2024 , against almost 49.9 million tonnes of annual installed capacity. Accounting for about two-thirds of global extrusion output, China dominates the industry. Globally, there has been an increased shift of extruders towards green billets and recycled or post-consumer scrap billets, while simultaneously investing in larger extrusion presses. The industry comprises over 1,600 extrusion companies worldwide . According to the data analysis by AL Circle , the transport and industrial sectors saw the steepest growths in aluminium extrusion demand, of 4.74 and 4.54 per cent, respectively . It...
Kaiser Aluminum Corporation’s recent rally above the USD 118.11 threshold has prompted analysts to reassess the stock’s near-term upside, as recent gains raise valuation concerns. While optimism around the US aluminium producer has strengthened over recent months, analyst actions suggest that much of this upside may already be reflected in the current share price. Zacks downgrades amid strong price performance The first key development came when Kaiser Aluminum was downgraded by stock analysts at Zacks Research from a “strong buy” rating to a “hold” rating, according to a research note issued on Monday. The downgrade followed a sharp run-up in the company’s share price, which opened at USD 118.11 on Monday, approaching its 12-month high of USD 119.13. The downgrade reflects caution over...
Novelis’s Oswego County aluminium operation is going through some significant alterations in the leadership team, following two destructive fires at a critical part of the site. The company has confirmed that the manager of the Scriba-based facility, Kristen Nelson, along with several other senior leaders, has departed the business. Novelis spokesperson Lauren Thompson acknowledged the leadership changes but offered no explanation beyond confirming the exits. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain “I can confirm that the Oswego plant manager and several Oswego leaders are no longer with the company,” Thompson said in a brief statement. “I would like to recognise their commitment to Novelis and wish them every success in the future....
Image source: https://www.facebook.com/ At the conclusion of his China tour, Mahmoud Esmat, Egypt’s Minister of Electricity and Renewable Energy, disclosed prospects of deepening cooperation and localising the manufacture of electrical equipment in Egypt. Discussions with Chinese companies focused on setting up production lines for high-voltage cable terminations, gas-insulated cable technologies using aluminium alloy conductors, solar power plants and raw material mining using advanced technologies. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The Minister met with the Chairman of the Ankora Group, Chen Xiaoling, the company specialising in smart electrical equipment, cable terminations, and transmission lines involving aluminium alloy,...
Across modern power systems, one of the important product is aluminium wire rods. Their growth mirrors the expansion of electricity networks around the world. Global aluminium wire rod usage has increased from 7.6 million tonnes in 2020 to about 8 million tonnes in 2023, to 8.16 million tonnes in 2024 and 8.32 million tonnes in 2025. The global wire and cable market, valued at USD 191.6 billion in 2022, is projected to grow at a CAGR of 6.30 per cent from 2023 to 2032. Much of this momentum is tied to transmission and distribution. Over seven decades, aluminium cables and conductors have taken the place of copper as the main carrier of electricity. Today, bare conductors account for 70 - 75 per cent of the aluminium used in cable and conductor applications, with insulated cables forming...
Arfin India’s shares moved higher in Wednesday’s session on December 31, climbing by 2 per cent after the company disclosed a sizeable new contract in the aluminium conductors segment. The gain arrived after Arfin confirmed it had received an order worth INR 321 crore (USD 35.7 million) from Diamond Power Infrastructure, a development that investors viewed as a meaningful boost to the company’s forward revenue outlook. According to the contract, 11,000 tonnes of aluminium conductors will be supplied over 11 months ( amounting to 1,000 tonnes per month) starting in January 2026 and running through to November 2026. This execution pace implies an estimated monthly billing of around INR 29.20 crore ( USD 3.24 million), excluding GST, providing the company with a steady and predictable...
