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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Oricon Enterprises Limited has notified stock exchanges about sanctioning the sale of assets in its aluminium collapsible tube manufacturing facility in Maharashtra. The process of ratifying the manufacturing facility sale was carried out with adherence to Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Image for referential purposes only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The Board of Directors made the decision at the board meeting held on December 29, 2025, from 3:15 PM to 3:50 PM. They reviewed and issued formal approval of the sale of assets belonging to the aluminium tube manufacturing unit situated at Plot No. A-2/9, MIDC Murbad, Thane district, Maharashtra....
Leadership changes, shifts in policy, market trends, and innovation are subtly transforming the aluminium industry’s outlook for the near future. From strategic succession planning at major producers and increasing job opportunities in key markets to the evolving dynamics of the Carbon Border Adjustment Mechanism (CBAM), along with investment-driven growth in aluminium foil and significant developments across exchanges and projects, this week’s news indicates that deeper structural changes are in motion. All these signs suggest that the global aluminium value chain is gearing up for enhanced competitiveness, resilience, and growth as we move toward 2026. Global downstream aluminium industry weekly recap by AL Circle Pvt Ltd AL leadership transforming the industry Kaiser Aluminum announced...
Israel has taken a major step to protect its aluminium industry by imposing anti-dumping duties on imports of aluminium profiles and tubes from China for the next five years. The decision, announced by Minister of Economy and Industry Nir Barkat, follows an investigation that concluded Chinese exporters were selling products in Israel at unfairly low prices and harming domestic producers. The move was based on findings compiled by Trade Duties Commissioner Danny Tal and reviewed by the advisory committee at the ministry. Their conclusion was clear: dumping practices were distorting the market and creating real damage for Israeli manufacturers. Anti-dumping duties are hardly unusual in global trade. Anchored in World Trade Organization rules, they have become one of the most widely used...
The Imo State Government has officially recommissioned the Imo Aluminium Extrusion Industries Limited (ALEX) in Inyishi, Ikeduru Local Government Area, marking the full revival of one of the state’s oldest and most strategic industrial assets. At the official flag-off ceremony on Tuesday, the Commissioner for Trade, Commerce and Investment, Chief Barrister Rex C. Anunobi, described the development as a major milestone in Imo State’s drive towards industrial renewal. He traced the factory’s origins to 1983, when it was established under the administration of the late Chief Samuel Onunaka Mbakwe and rapidly became a leading producer of aluminium long span roofing sheets, profiles and accessories, supplying markets nationwide. Also read: Aluminium Extrusion surge in caps, strong week at...
On the closing of Nigerian Exchange (NGX) last week, Aluminium Extrusion emerged as the standout performer after a sharp rally that placed it at the top of the weekly gainers’ table. The aluminiumstock surged by 59.35 per cent to close at N12.35 ( USD 0.0082), reflecting heightened investor interest. It was followed by Mecure Industries, which advanced 44.93 per cent to N55.00 ( USD 0.04), while First Holdco rose by 42.93 per cent to N44.95 ( USD 0.03). Guinness Nigeria also recorded a strong showing, gaining 33.01 per cent to finish at N289.70 ( USD 0.19), and NPF Microfinance Bank added 20.65 per cent to close at N3.74 ( USD 0.0025). Market breadth improved compared with the previous week. A total of 55 equities posted gains, up from 49 in the preceding week, while the number of...
The market for aluminium foil has expanded to a total of USD 38.55 billion in 2024 and will continue to grow at a CAGR of 5.05 per cent till 2030. This is largely due to capital investments made by major manufacturers in their production capacity and the expanding applications of aluminium foil in various sectors such as packaging, construction, energy, electrical products, and electric cars. Image for representational purpose To know more about foil industry, download: Aluminium Foil and its End Uses Current Trends and Forecast till 2030 The major aluminium foil producing companies are: Assan Aluminum, Turkey Assan Alüminyum, a subsidiary of Kibar Holding, has been a leading producer of flat-rolled aluminium products since 1988. Its outputs cater to the packaging, distribution,...
The employment scenario in the Indian aluminium industry has witnessed a significant shift in recent times. As the country progresses towards fulfilling its vision of Viksit Bharat 2047, major Indian aluminium companies have generated employment opportunities that have reached rural areas, no longer restricted in urban communities. Rural India has been experiencing a metamorphosis, with industries emerging in resource-rich districts for all round socio-economic activity. Image for referential purposes only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Role of the Aluminium Sector Aluminium Association of India has cited estimates depicting the industry to have already generated over 800 thousand jobs and been supporting 4,000 SMEs in the...
While aluminium is being valued for its top-notch recyclability and strength, prolonged exposure to heat causes conventional aluminium alloys to lose strength, limiting their use in engines, turbines, and aerospace systems. However, this long-standing limitation is addressed by a research team of Nagoya University in Japan, who have developed a new family of aluminium alloys. The new version of aluminium retains strength even under extreme heat. Simultaneously, it remains highly recyclable and suitable for metal 3D printing. Designed specifically to address the aerospace and automotive uses in mind, the new family of aluminium is a bold step towards expanding aluminium’s role in high-temperature applications. Explore- Most accurate data to drive business decisions with 50+ reports across...
Kaiser Aluminum has confirmed a leadership change within its commercial team, naming Hugh (Jack) J. Barger III as Executive Vice President of Sales and Marketing, effective from January 1. The appointment forms part of a planned succession process and follows the decision of Blain A. Tiffany, the company’s current Executive Vice President of Sales and Marketing, to retire in the near term. Mr Barger will assume full responsibility for the role as the transition is completed. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Mr. Barger has stepped into the position of Senior Vice President of Sales and Marketing. Since then, he has progressively taken on wider duties within the commercial organisation, preparing for the leadership handover....
Turkey’s aluminium foil industry has expanded quietly but consistently over the past few years. Production increased steadily over the period, rising 26.3 per cent from 155.18 thousand tonnes in 2020 to 196 thousand tonnes in 2023, before recording a further 8.7 per cent year-on-year increase to 213 thousand tonnes in 2024. Roughly half of this output is shipped overseas, with the remainder absorbed by the domestic market. That balance has helped Turkey to become of the top exporters of aluminium foil in the global aluminium foil market which is valued at USD 38.55 billion in 2024 and forecast to grow at a 5.05 per cent CAGR through 2030. To access the data, download: Aluminium Foil and its End Uses Current Trends and Forecast till 2030 . Image source: AL Circle Foil export picture of...
Bill Lee, the Governor of Tennessee, Stuart C. McWhorter, the deputy governor and commissioner of the Department of Economic and Community Development, and representatives of ALUKO Group announced today that the South-Korean firm has chosen Halls, Tennessee, for its second US manufacturing facility. ALUKO Group will invest USD 107.7 million to retrofit the former Tupperware building in Halls, Lauderdale County. The project will create 285 new jobs. The facility will house integrated aluminium manufacturing operations to support industries like electric vehicles (EV), solar energy, construction and building markets. The Halls project follows ALUKO Group’s first US site announcement in Jackson, Tennessee, made in December 2024. Together, the two locations signal a long-term commitment to...
The European Union is considering an expansion of its carbon border charge, a levy which is already set to apply to carbon-intensive metals like steel and aluminium as they enter the bloc. CBAM is designed to put a carbon price on imports of these materials to align them with the EU’s domestic emissions costs under its Emissions Trading System, a move aimed at discouraging production in countries with looser climate rules and reducing “carbon leakage”. Items such as car components and household appliances, including fridges and washing machines, are among the products that could be added, as the bloc moves to shut down avenues that allow overseas producers to avoid the levy. Image for reference only Explore- Most accurate data to drive business decisions with 50+ reports across the value...
Irrespective of aluminium being hyped for its lightweight yet strong feature, it loses its strength at high temperatures. Keeping this in mind, the researchers at Nagoya University developed a metal 3D printing technique to create a new line of aluminium alloys for increasing the strength and higher heat resistance. These alloys are made by using low-cost and abundant elements, which are 100 per cent recyclable, where one variant is deemed to be strong and flexible even at 300°C. New methods breaking the traditional stereotypes The lead author and the professor at the Nagoya University Graduate School of Engineering have explained that the design centres on iron, where the metallurgists do not usually add aluminium, as it tends to make the metal highly vulnerable to corrosion and brittle....
As both the worldwide aluminium exporters and the EU-based importers must have realised in the meantime, CBAM knocks on the door and is no longer a distant regulatory concept. Here’s a CBAM checklist that distils the compliance pathway into five actionable steps published by the European Commission that will aide the EU importers and external exporters alike in following the CBAM regulation without having to pay undue penalties. Image for reference only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The mechanism is on its way to have quarterly reporting, embedded-emission calculations (CBAM cost) and national oversight. Although aluminium producers outside the EU remain in the spotlight, a large share of legal responsibility rests equally...
What started as another round of US trade action in 2025 quickly turned into an aluminium problem for Europe. Washington moved to curb EU aluminium shipments under Section 232, but the EU chose not to answer with aluminium tariffs of its own. That left the adjustment one-sided. As US duties rose, European producers found themselves squeezed across the aluminium chain, from primary metal to processed and aluminium-containing goods. The turning point came on February 10, when the US announced a 25 per cent tariff on aluminium imports from the EU under Chapter 76 of the tariff schedule, covering unwrought primary aluminium such as ingots. The measures took effect on March 12, applying without quotas or exemptions. For European producers, the cost impact was immediate. Pressure intensified...
Aluminum Corporation of China Limited (CHALCO) has made an announcement of completing contributions to Yunnan Aluminum Foil. Through its three subsidiaries, viz., Yunnan Aluminum, Chinalco High-end Manufacturing, and Kunming Copper, CHALCO’s investment totalled to a sum of RMB 906.45 million (USD 127.9 million), targeting the development of a stronger aluminium industrial chain. Image for representational purposes only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Pursuant to the signed agreement, the contributions from the three subsidiaries of CHALCO consisted of RMB 818 million (USD 115.4 million) in cash and RMB 88.45 million (USD 12.48 million) in assets, which covered buildings, land-use rights, and related liabilities. Yunnan...
According to a filing made public on Tuesday, Shanghai Huafon Aluminium shared its intention to establish a fully-owned subsidiary in Hong Kong. The total investment for developing this subsidiary is USD 1 million. The new subsidiary, namely, Huafon Aluminium (Hong Kong) International Trading, will be focusing on trading aluminium downstream products like sheet, foil and strips. Must read: Key industry individuals share their thoughts on the trending topics The disclosure stated, "It can leverage Hong Kong's international trade and tax advantages to support the company's overseas business expansion." As per the disclosure shared on the Shanghai Stock Exchange, the investment will be made in line with the firm's strategic layout and long-term business development goals. Explore- Most...
Maan Aluminium stood apart in the latest session, climbing to a fresh 52-week high while the broader market remained on a downward trend. Maan Aluminium's share price touched INR 169.3 (USD 2.04) in intraday trade on 15 December 2025, posting a clear advance on a day when benchmark indices showed little movement. Though the broader market opened on a subdued note with Sensex standing at INR 84,891.75 (USD 933.66), down 375.91 points or 0.44 per cent, and later traded marginally below its previous close of INR 85,215.09 (USD 937.22), reflecting a modest decline of 0.06 per cent. Despite the soft opening, the index continues to hover near record territory and is currently just 1.11per cent short of its 52-week high. Considering from a structural standpoint, the benchmark’s trend remains...
