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
With the stocks coming under intense pressure and sellers crowding the market without a single buyer, Global Aluminium is going through a turbulent time. No buyers for an extended phase have pushed the stock into three straight sessions of losses, causing concerns if this slide is the outcome of the broader market stress or aluminium company-specific distress within the Trading & Distributors space. Sharper slide than the broader market Worldwide Aluminium’s slide intensified on December 3 2025, as the stock fell 4.95 per cent, sharply underperforming the Sensex, which dipped 0.26 per cent. The weakness has persisted, with the share losing 6.64 per cent over the week compared with the Sensex’s 0.81 per cent drop. Explore- Most accurate data to drive business decisions with 50+ reports...
Constellium announces the start-up of aluminium finishing lines at its Singen plant in Germany. This groundbreaking achievement in partnership with Lotte Infracell. The production of cutting-edge lines in a safe and sustainable environment is the result of the investment of EUR 30 million, announced in 2024. Image for referential purpose only (source: https://www.indiamart.com/) Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The project aims to supply high-quality aluminium foil stock in Europe for battery applications. Constellium executed it in collaboration with Lotte Infracell, a subsidiary of Lotte Aluminium. The equipment was installed after the construction of the new building in April 2025. The official production started when the...
Part 1 showed how North and South America have become major drivers of global FRP consumption growth. But behind that surge lies a challenge the region can’t ignore — the Americas simply don’t produce enough flat-rolled aluminium to match this accelerating demand. North America manufactures only around 2.3–2.35 million tonnes a year. Novelis supplies the biggest share — 1.2 million tonnes in 2023, 1.25 million tonnes in 2024 and around 1.3 million tonnes expected in 2025. Alcoa adds 450–500 thousand tonnes from its Tennessee and Iowa mills; Constellium brings about 350 thousand tonnes from Georgia and Kentucky; Norsk Hydro contributes roughly 200 thousand tonnes. South America adds another 450–500 thousand tonnes, almost entirely from Novelis’ rolling operations in Brazil. The region...
Flat-rolled aluminium products (FRP), excluding aluminium foil, are no longer just another industrial material — they’ve become part of the machinery that keeps modern life running. They are everywhere: in electric cars, in the hardware behind renewable-energy systems, packaging, etc. As industries chase lighter, recyclable and more energy-efficient solutions, FRP has slipped into a central role almost by default. What’s striking is how quickly demand has climbed. With sustainability rules tightening and manufacturing in emerging economies expanding at full tilt, consumption has been rising at a pace rarely seen in metals. Global FRP demand is on track to jump from 20.33 million tonnes in 2020 to 40.30 million tonnes by 2030, and further rise by 6.82 per cent CAGR through 2032, which...
The Manama-based leading aluminium producer, Gulf Aluminium Rolling Mill B.S.C. (GARMCO), has collaborated with the SMS group GmbH, with a goal to successfully upgrade and deliver motors and drives in the one-stand reversing hot rolling mill. Although initially designed by a third-party supplier, this new step brings both companies closer to achieving the milestone of utilising the operational efficiency and reliability of the mill to meet the demands of the aluminium industry in future. Image for representational purpose only (source: https://live.cdn.cms.sms-group.com/) Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The project set the goal of replacing the three-phase AC motors and state-of-the-art drive technology, which contained...
The Eurasian Economic Commission, under the Eurasian Intergovernmental Council, has introduced a series of fresh trade measures targeting the Chinese imports of titanium dioxide and aluminium foil. Following the Council’s instruction, the board has agreed to impose anti-dumping duties on both products for five years, setting rates between 17.16 per cent and 20.24 per cent for aluminium foil and 14.27 per cent to 16.25 per cent for titanium dioxide. While duties will apply broadly, the Commission has endorsed price commitments from selected manufacturers. For aluminium foil, Xiamen Xiashun Aluminium Foil Company, Ltd. has secured an arrangement under which its products will be exempt from the duty, provided it adheres to the agreed pricing terms. A similar mechanism has been approved for...
With the complete acquisition of the complete shareholding for two major corporate proposals, Maan Aluminium’s strategic course reflects strong confidence from the investors. The measures were put forward at an extraordinary general meeting on November 29, 2025, where the resolutions won 100 per cent approval. The first resolution authorised amendments to the company’s Articles of Association, the document that shapes how Maan Aluminium is governed internally. However, the company refrained from spilling the finer details; the unanimous decision opened avenues for a revamped governance framework or adjustments to operational norms. A second resolution cleared the way for the issuance of equity shares on a preferential basis . The approval clearly indicates that the company is making...
An agreement to pay USD 11.8 million by Harman International Industries, Inc., has surfaced for settling the allegations of violating the False Claims Act and other statutes. This allegation came by evading the antidumping and countervailing duties on goods which are made of extruded aluminium from China. The audio electronics company works for automakers, enterprises globally and consumers. Not only this, the firm’s portfolio brands include Harman Kardon, Mark Levinson and JBL. The allegation time span includes June 1, 2011, through March 31, 2023, which has been resolved with the settlement offer. Harman is alleged to have knowingly imported heat sinks which contained extruded aluminium from the People’s Republic of China without paying the deemed fees. Upon confrontation by the US...
Norsk Hydro has revealed its plans for a major restructuring of its European Extrusions business, putting forward a proposal to close five manufacturing sites across the region. The company says the move is intended to consolidate its footprint and reinforce competitiveness in what it describes as a challenging market environment. Image for representational purposes only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain As per the official disclosure by the brand, operations would cease at Hydro Extrusions’ plants in Cheltenham and Bedwas in the UK, Lüdenscheid in Germany, Feltre in Italy, and Drunen in the Netherlands. Consultations with employee representatives are set to begin immediately, and if the plans are confirmed, the facilities will...
This week, the aluminium downstream sector has presented a mix of progress and challenges across global markets. In Europe, a rise in foil demand and some exciting new production technologies have surfaced. Meanwhile, the US is grappling with operational hurdles, Asia is experiencing a rollercoaster of market sentiment and South Africa is pushing forward with strategic modernisation efforts. Each region is at a pivotal moment. On top of that, global extrusion forecasts and India’s import-duty issues are adding more layers of complexity to the sector’s short-term outlook. All these developments paint a picture of a week filled with strategic changes, competitive pressures and shifting market signals, setting the stage for what could be a crucial time for aluminium’s value-added segments...
Maan Aluminium, an India-based manufacturer and trader of aluminium profiles, has reportedly advanced to a year-high in intraday trading, standing above INR 160 (USD 1.79). This peak follows back-to-back gains in the past three days from INR 132.41 (USD 1.48) on November 24 to INR 149.12 (USD 1.67) on November 27. Hence, until the moment, Maan Aluminium has recorded a hike of 21.5 per cent since November 24, delivering an 18 per cent return to shareholders. The report says the company opened the trading session this morning with a gap of 4.36 per cent, signalling robust buying sentiment in the market. Also, the company’s performance compared to its peers from other metal sectors by leading with a stock price above 4.81 per cent also indicates strength within the non-ferrous metals...
Hulamin’s long-running modernisation of its aluminium rolling operations has taken a significant step forward, with A Richards Consulting (ARC) completing the second phase of the upgrade to the company’s S5 cold mill in South Africa. Hulamin is the largest aluminium rolling facility in Sub-Saharan Africa and is also one of the region’s biggest exporters, with overseas sales accounting for more than half of its revenue. At the centre of the project is the drive to process wider strips, a change that opens access to new markets and enables the S5 mill to concentrate on high-quality, 14-out can-stock material. Hulamin expects the shift to improve product flow across the entire plant, ultimately raising overall utilisation. Explore- Most accurate data to drive business decisions with 50+...
The government is facing fresh pressure to rethink its tariff policy on aluminium, with the Aluminium Secondary Manufacturers Association (ASMA) warning that the current import duty on primary metal is crippling large parts of the downstream industry. Image source: https://ocdn.eu/ Explore- Most accurate data to drive business decisions with 50+ reports across the value chain In a letter to the government, ASMA argued that a 7.5 per cent duty on primary aluminium , a metal produced for the first time from alumina through an electrolytic process, is inflating domestic prices to levels that many manufacturers can no longer sustain. However, the secondary aluminium, made from recycled scrap, does not face this issue, but most downstream producers remain heavily dependent on primary metal....
Yunnan Aluminium will acquire and consolidate stakes across three related companies after Aluminum Corporation of China (Chalco) signed a capital-contribution agreement to restructure ownership within its downstream aluminium operations, according to a filing with the Hong Kong Stock Exchange. Image for representational purpose Under the signed agreement, three Chalco subsidiaries — Chinalco High-end Manufacturing, Yunnan Aluminium, and Kunming Copper — will inject a combined RMB 906.45 million (USD 127.9 million) into Yunnan Aluminum Foil. The contribution includes RMB 818 million (USD 115.4 million) in cash and RMB 88.45 million (USD 12.48 million) in assets, covering land-use rights, buildings and associated liabilities. Yunnan Aluminium will contribute RMB 500 million (USD 70.5...
As 2025 draws to a close, the aluminium extrusion industry finds itself steadier than it started, as global usage is expected to settle at 35.25 million tonnes, just above 34.27 million tonnes in 2024, a modest 2.8 per cent increase that reflects stability in a market still navigating post-pandemic aftershocks. The pressures haven’t eased: geopolitical tensions continue to shift unpredictably, construction activity remains slower than before 2020, major economies struggle to regain momentum, and energy costs stay elevated. If 2024 proved anything, it’s that China’s grip on the aluminium extrusion market is as firm as ever. The country accounted for around 65 per cent of global usage that year - an extraordinary share by any measure. Europe follows next, then the Rest of Asia Pacific, and...
Aluminium supplier Al Taiseer Group Talco Industrial Company (TALCO), an aluminium extrusion company in Saudi Arabia has opened a new chapter in Saudi Arabia’s aluminium sector with a preliminary agreement to acquire Eastern Aluminium Extrusion Factory. The non-binding MoU allows TALCO, an aluminium extrusion company, to begin feasibility studies and financial and legal due diligence, as stated in its filing to the Saudi stock exchange. The agreement runs for nine months, with an option for extension. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain This month, TALCO unveiled a strategic plan that prioritises mergers, acquisitions and joint ventures. The company aims to expand its product portfolio and deepen manufacturing capabilities. The...
Innovation has no limit, especially when it comes to aluminium; introducing new and upgraded technologies has been the heart of all the players. One such transformative system has been brought into focus, which offers aluminium production with a new vision for the final hot rolling stages. ABB, a global technology company specialising in electrification and automation, has introduced the upgraded version of its Millmate Thickness Gauge (MTG) technology. This upgraded technology aids in bringing the precise aluminium thickness measurement at the final stage of the hot rolling processes. With new system comes new features, as does the new MTG box Gauge. It has shown proven performance in the hot rolling environment, where it measures the thickness of the aluminium strip, which is below 8...
On Friday, November 21, Golkonda Aluminium Extrusions Limited experienced another difficult trading day with a series of sell orders that went completely unmatched. Not a single buyer appeared during the session, leaving the stock vulnerable to sustained downward pressure and reinforcing concerns about sentiment in the non-ferrous metals segment. The share price closed 4.94 per cent lower, a drop that stood out given the Sensex’s modest decline of only 0.30 per cent. This latest fall followed a weak previous session, bringing the two-day slide to 5.73 per cent. The day change of -3.29 per cent showed how persistent the selling had become, and with no buy orders to counterbalance the pressure, the decline accelerated easily. Although the broader Aluminium & Aluminium Products sector also...
