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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The Novelis aluminium plant in Oswego, New York, is once again dealing with a fire disaster, renewing concerns for a facility already struggling to recover from earlier damages. Note: The image is for representation purpose Emergency crews were called out on Thursday morning after a four-alarm fire broke out in the plant. Although the blaze was eventually brought under control, it continued for hours as firefighters remained on scene to observe the situation. Novelis confirmed the safe evacuation of people working inside the plant without injury and the complete extinguishment of the fire. The Oswego plant has been struggling for months to address the significant disruption since September, caused by a fire outbreak at the same plant . Already, the previous fire incident put Ford, one of...
European aluminium foil makers opened 2025 in high gear. Orders were strong through the first quarter and that strength carried into the spring. Between April and June, producers shipped 236,500 tonnes, up 4.2 per cent from the same period, previous year, according to European Aluminium Foil Association (EAFA). By the end of the first half, deliveries had climbed to 480,300 tonnes — 7.7 per cent more than in the first six months of 2024. Both thinner and thicker foil contributed to the rise, and demand came from inside the EU as well as abroad. European buyers took more than 6 per cent extra volume in H1, while shipments to markets outside the region jumped nearly 20 per cent. The scale of demand is clear from the consumption numbers: 1 million tonnes used in 2024, an estimated 1.05...
The joint venture between Platinum Group and Mark Cables, a global manufacturer of cables and aluminium rods - Mark Cables Power Solutions LLC Abu Dhabi - has reportedly made progress on the construction of an aluminium rod plant in Khalifa Economic Zone Abu Dhabi. The project aims to meet the increasing demand for various grades of aluminium rods, with an annual production capacity of 36,000 tonnes. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Aluminium rods to be produced at the plant will be supplied to existing Mark Cables factories in Dubai and Angola as well as to third party customers in the UAE, Africa and Europe, for the manufacture of power cables. For the production, Mark Cables will secure raw aluminium from Emirates Global...
China’s Enpack Packaging has moved beyond its core drinks-can business with a striking new win: a long-term supply deal for over 50 million square metres of composite aluminium foil to be used in next-generation semi-solid-state battery cells. The agreement signals how suppliers once rooted in traditional metal packaging are repositioning themselves inside the fast-growing battery materials chain. Large order signals rising demand The Shantou-based company, Enpack, said the unnamed client will purchase the materials from its Jiangsu province plant over a two-year period. The pricing will be based on the actual sales price of the client’s batteries, reflecting the increasing trend of index-linked supply contracts in the battery sector. Explore- Most accurate data to drive business...
Aluminium Extruders Council has announced the Aluminum Extrusion Student Design Competition for 2026. The event is sponsored by the ET Foundation and administered by the Aluminum Extruders Council. The AEC.org website contains educational information about end use application of aluminum extrusions, case histories of design solutions, reference materials and a call for abstracts for the world's foremost aluminum extrusion technology seminar and exposition to be held in Orlando, Florida, April 26-30, 2027. The objective of the competition is to educate students about aluminum, the extrusion process and the opportunities to use this knowledge to meet societal needs. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain For the aluminum industry to...
Recent reports suggest that Novelis expects its Oswego plant to return to operation by December 2025, several months earlier than its original 2026 target. This news offers a sense of relief to the major OEMs, most notably Ford, which has already warned of a financial impact that could reach USD 1 billion. The hot mill outage took place on September 16, and by early October, restoration activities began. Structural repair crews started rebuilding the damaged roof on October 8, while new trusses started being installed by 22 October. In the same period, engineers constructed extensive scaffolding to dismantle and evaluate electrical systems critical to the hot mill’s function. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain However, a brief...
For more than a decade, China aluminium foil sector has been quietly reshaping the global marketplace — expanding capacity, feeding a growing domestic appetite and pushing exports deeper into different regions, even as anti-dumping barriers rise around it. In 2024, the world’s aluminium foil market stood at USD 38.55 billion and was projected to grow at a 5.05 per cent CAGR by 2030, and in this projection, China plays a very important role. The country’s dominance is not accidental. By 2023, China was already producing 4.31 million tonnes of aluminium foil, and output climbed further to 4.7 million tonnes in 2024, which was around 70 per cent of global production. More than 160 rolling mills form the backbone of this industry, offering between 6.1 and 6.5 million tonnes of capacity, and...
European Aluminium Foil Association's (EAFA) Roller Group, at this year's EAFA Autumn Conference held in Paris, have announced the election of new leadership. EAFA mainly focuses on trade associations, representing the companies that are highly engaged in rewinding and rolling of aluminium foil and manufacturers who deal in demi-rigid aluminium foil containers in Europe. Assan Alüminyum's Göksal Güngör has been selected as EAFA's Roller Group's new chair, who has succeeded the position from Laminazione Sottile's Bruno Rea, who first took over the position back in June 2017. As for the new vice chair, Carcano Antonio's Nicoletta Rigamonti has been elected by the firm. Göksal Güngör served as the General Manager of Assan Alüminyum, which is deemed to be one of Europe's leading manufacturers...
The global aluminium downstream industry is experiencing a dynamic blend of innovation, investment, and evolving policy landscapes. From breakthrough alloy developments and increased ownership stakes to multimillion-dollar commitments for new extrusion projects, the sector has generated considerable momentum this week. Beyond these advances, the industry is also adapting to regulatory shifts while reinforcing its long-term growth outlook. Weekly downstream recap by AL Circle Pvt Ltd Sneak peek into groundbreaking innovations World's leading manufacturer of the drawn bars within the aluminium alloy segment, Eural Gnutti, has put up its 6026LF aluminium alloy for multiple lab testing. This testing will be done to assess the potential applications of this alloy by establishing direct contact...
Over the past few years, the aluminium foil market has been moving in one direction — up—and it’s been doing very quietly, without any dramatic spikes. Back in 2018, global use of foil was around 5.3 million tonnes. By 2023, it moved up to 6.1 million tonnes. And if current projections hold, the world will be using close to 7.2 million tonnes by 2028. What’s curious is how familiar the consumption pattern still looks. In 2023, the industrial sector took 30 per cent of total usage, food and beverage packaging held 21 per cent, semi-rigid containers (SRC) formats accounted for 17 per cent, household foil for 13 per cent, other consumer uses for 9 per cent, and pharmaceuticals for 10 per cent. Even by 2028, the distribution barely changes: industrial demand edges to 32 per cent, food and...
According to a recent filing with the US Securities and Exchange Commission (SEC), Envestment Asset Management Inc. has increased its investment in Kaiser Aluminium Corporation by 62 per cent by acquiring 25,546 shares. So, compared to the earlier shareholding of 41,227, it now owns 66,773 shares. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Increased exposure of the institutional investors Alongside Envestment Asset Management Inc, other institutional shareholders of Kaiser Aluminum have also adjusted their positions: Third Avenue Management LLC purchased an additional 205 shares Cetera Investment Advisers expanded its holdings by 7.3 per cent Mirae Asset Global ETFs Holdings Ltd. expanded its position by 4.4 per cent Central Pacific...
ValCUN, the expert in Molten Metal Deposition (MMD), have launched REMUS 1.0, intending to advance the industrial adoption of 3D printing. This innovation is a cutting-edge printhead which is designed in a way that it supports the use of high-strength aluminium alloys within everyday manufacturing settings. Irrespective of significant challenges concerning the aluminium additive manufacturing, this innovation will deliver flexible, dependable and scalable imetal deposition capabilities. Not only this, but the integration of this innovation into the industrial production settings is also deemed to be seamless. Jan De Pauw, Co-founder & CTO of ValCUN stated, "With REMUS 1.0, we’re not just building a product, we’re scaling a vision. Our mission is eventually to be present in every metal...
The global association of leading aluminium producers and downstream tech partners, Alumobility, has reportedly expanded its leadership team to accelerate its next phase of mobility goals, focusing on the sustainable adoption of aluminium in the automotive industry. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain In welcoming the appointments, Martin Norden, President of Alumobility, said: “I am honoured to welcome our new leadership team, whose diverse expertise and shared commitment will help Alumobility continue advancing its mission of enabling lighter, more efficient, and more sustainable mobility solutions." He added, "The new Value-in-Use Committee will play a vital role in highlighting the full benefits of aluminum for automakers,...
Scandium Canada has signed a Memorandum of Understanding (MoU) with Gränges Powder Metallurgy (GPM), a global supplier of spray-formed aluminium products and aluminium powders for additive manufacturing. The partnership is aimed at integrating Scandium Canada’s scandium-modified alloys into spray-formed aluminium products and aluminium powders. This move brings the company’s patent-pending materials into one of the fastest-growing areas of aluminium engineering - additive manufacturing. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Scandium Canada's Chief Science Officer Luc Duchesne emphasised that the firm’s proprietary alloys address the need for “printable, high-strength and lightweight metals in sectors such as aerospace, automotive...
A wave of demand is sweeping through Europe’s aluminium flat-rolled products sector, and this pace of growth is anticipated to reshape the entire market. Flat-roll products (excluding foil) have climbed from 3.95 million tonnes in 2020 to a projected 5.94 million tonnes in 2025. That’s a 50.38 per cent jump in just five years. And this is only the starting point. By 2032, consumption is expected to rise by around 123.3 per cent a surge tied from sustainability targets to changes in manufacturing techniques and the pressure to cut carbon emissions. The plates segment has been following the same upward path. In 2020, it stood at 580 thousand tonnes. By 2025, the figure is expected to reach 856 thousand tonnes — a 47.6 per cent increase. Looking further ahead to 2032, consumption is...
India’s engineering exporters have raised a fresh concern over widening tariff gaps that are eroding the country’s competitiveness in key Western markets. On November 10 2025, the Engineering Export Promotion Council of India (EEPC India) urged the government to place steel and aluminium products, especially those made by MSMEs, at the centre of ongoing bilateral trade talks with the US. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Pressure from US Section 232 tariffs EEPC India said the 50 per cent US tariffs under Section 232 have significantly impacted engineering exports, deepening the disadvantage for Indian manufacturers. The tariff gap with global competitors has now widened to an average of 30 per cent, the council noted, warning...
Recently, Maan Aluminium has announced plans to accumulate INR 8.319 billion (USD 100 million approx.) through a preferential allotment of 5.9 million equity shares, priced at INR 141 (USD 1.70 approx) per share. The proposal will be discussed for shareholders’ approval at an Extraordinary General Meeting (EGM) scheduled for 29 November 2025. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain According to the company, the capital will be channelled towards key growth initiatives. Around INR 4 billion will go into aluminium extrusion projects aimed at expanding manufacturing capacity and modernising existing infrastructure. Additionally, an INR 2.8 billion (USD 33.73 million approx.) will be allocated towards capital requirements, while INR...
History has a way of repeating itself for Novelis; and this time, it has done so in barely a year. During the second quarter of FY2025, Novelis endured financial and operational stress due to a severe flood at its Sierre plant in Switzerland. Cut to Q2 FY2026, Novelis again finds itself in a similar situation due to a fire outbreak at its Oswego plant in New York. While the timing of the incident was just two weeks before the quarter-end, it reflected not much effect on its Q2 financial results. But Novelis and its parent company Hindalco are embracing a negative impact on cash flow by about USD 550-650 million for FY2026, which also includes an estimated adjusted EBITDA loss of USD 100-150 million - a figure that signals the gravity of the operational disruption. This image is only for...
