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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Alucast, a Black Country-based aluminium casting foundry, has invested £1 million (USD 1.22 million) in new machinery and research and development. This move aims to bolster its position in the rail, aerospace and defence sectors. The company employs over 100 staff at its Wednesbury facility. The investment focuses on low-pressure die casting and the development of a new lightweight alloy. The goal is to meet increasing demand for high-strength, low-weight components. A significant addition is the HDTD low-pressure die casting machine, which enhances production efficiency. This technology enables faster production of larger parts. Alucast has also developed ALU-HP1, a new alloy that is one-third the weight of SG Iron 420:10. Despite its reduced mass, ALU-HP1 meets critical performance...
Nearly five years since the Covid-19 pandemic, which forced the US automakers to stop production, and now factories are hitting the same brakes once more. A shortage of domestic aluminium, restrictions on semiconductor exports and increasing tariffs are causing delays for key models, like Jeep SUVs and Ford’s high-end vehicles. Additionally, supply chain issues and geopolitical tensions are slowing down America’s auto industry, leaving us to wonder how long production can keep moving forward. Reasons troubling the US automotive industry The US automotive industry is facing a major setback due to a fire at Novelis, a leading aluminium supplier. This incident occurred last month at its facility in Oswego, New York and it is particularly concerning because Novelis provides a significant...
Kaiser Aluminium Corporation, which has a market cap of USD 1.27 billion, has successfully extended its USD 575 million senior secured revolving credit facility for an additional five years, maturing in October 2030. The amendment, effective October 14, adds flexibility and eliminates certain restrictions on revolving credit and availability. Kaiser’s gross borrowing availability of USD 575 million remains unchanged. This is supported by eligible accounts receivable, inventory, and other assets. As of the effective date of the amendment, only USD 15 million in letters of credit were outstanding, with no loans outstanding. Keith A. Harvey, Chairman, President, and CEO, said the extension "underscores the continued strength of our financial position and the confidence our lending partners...
Dinco Trading LLC, the UAE’s renowned aluminium supplier, has recently announced their most-awaited product expansion plan by introducing Plain Aluminium Sheet Metal and other high-end aluminium solutions. The introduction of the latest product takes Dinco a step ahead in building a reliable partnership with industries that demand both speed and quality simultaneously. With its latest product range, Dinco Trading continues to meet the UAE’s growing demand for high-end materials that cater to construction, industrial, marine, and infrastructure projects across the Emirates. For aluminium products supply across the UAE, Dinco Trading is the most preferred name among customers. Guided by the motto “Aluminium Is Our World”, the company has built its goodwill over a business philosophy that is...
Cardiff-based fabricator Dudley’s Aluminium has recently added four new team members as part of its expansion plans. The appointments are a part of the company’s growth curve in recent years and also highlight how they are prepping for the major projects in 2026 and beyond. Key appointments in diverse roles Steven Fry, Paul Hale, Wayne Williams, and Steve Lewis have joined Dudley’s Aluminium’s newly formed departments, including Design, Financial Estimation, and Installation. The company’s headcount has leapt from 54 last year to 63 in 2025. With more than 40 years of experience in the domain of construction design and 15 years specifically in glazing and facade design, Fry’s joining certainly strengthens Dudley’s design capabilities and ensures high-quality project delivery in the...
The global aluminium downstream industry reflects a vibrant character, with companies skillfully navigating through rough markets by making smart moves, innovating and expanding. From mixed results in quarterly reports and dividend news to exciting new facility launches and advanced alloy research, the aluminium downstream sector is a true testament to both resilience and reinvention. These developments underscore how major players are gearing up for long-term growth, even as they face shifting market challenges. Weekly Recap: Downstream AL sector by AL Circle Pvt Ltd Companies roaring through turbulent market Maan Aluminium’s stock is showing a bit of a mixed bag in the market right now. While short-term indicators hint at a slight recovery, the weekly trends are signalling a more...
On Wednesday, local and state leaders, alongside industry officials, broke ground on Kloeckner Metals' new USD 90 million aluminium processing facility at Dynamic Drive near Aluminium Dynamics in Mississippi. Governor Tate Reeves attended the ceremony, speaking to a crowd of around 100 people. Excavators had already begun preparing the nearly 32-acre site for construction. Image credit: Kloeckner Metals Kloeckner Metals is the first tenant on the 1,200-acre ADI customer campus, designed to accommodate ADI’s customers. CEO John Ganem expects the 222,500-square-foot facility to be finished by the end of 2026, with operations beginning in early 2027. The facility will process up to 150,000 metric tonnes of aluminium annually. The plant will produce aluminium products, including slit coils...
Researchers at the Massachusetts Institute of Technology have created an aluminium alloy that is five times stronger than standard aluminium as well as suitable for Additive Manufacturing (AM), and this could change the way high-performance metals are manufactured. This new aluminium alloy may transform industries such as aerospace, automotive and energy. Alloy designed through machine learning The research team combined aluminium with other elements using advanced simulations and machine learning. Instead of testing over one million possible material combinations, they needed to evaluate only forty compositions before identifying their ideal mix, the report states. When the material was additively manufactured and tested, it showed strength levels on par with the strongest aluminium...
According to the latest announcement by Kaiser Aluminium Corporation, a quarterly cash dividend of USD 0.77 per share will be paid to the company’s shareholders on November 14, 2025. However, this payout will be received exclusively by the select shareholders who are listed in the company’s records by October 24, 2025. This dividend, roughly amounting to 3.86 per cent, will continue Kaiser’s almost two-decade tradition of rewarding investors with good returns. Kaiser Aluminium reflects strength and stability Started in 1946, Kaiser Aluminium has now become one of the leading producers of semi-fabricated aluminium products in North America. The company serves a wide range of industries, starting from aerospace and automotive to engineering, packaging, and several niche industrial segments....
Nupur Recycling Ltd, New Delhi, has announced to start its operation in Tycod Autotech Pvt. Ltd in Haryana next month. The company's emphasis on metal scrap processing and the manufacture of aluminium extrusion products has acquired the plant for INR 240 million (USD 2.7 million). The expansion would help the company to meet the increasing demand for extrusion products due to its strategic location. Located near Delhi-NCR and Maruti Suzuki's Kharkhoda facility, this new plant would benefit from the road connectivity in the area, along with a huge supply of skilled labour and an effective logistics network. This deal, with an investment of INR 200 million to 250 million (USD 2.26 million-2.82 million) , is expected to produce 5,000 to 6,000 tonnes of extrusion products per year. This deal...
Shyam Metalics mainly deals in various aluminium products, including aluminium foils used in packaging, electronics and in various other end products. The data of Q2 FY26 for the company shows varied performance for its products. Among all other products, the overall performance of the company in average realisation for Aluminium Foil products has increased by 6.18 per cent. In Q2 FY26, Shyam Metalics have produced 5,274tonnes of aluminium foil, which has decreased from the previous Q1 FY26, which was 5,440 tonnes. Thus, it has decreased to about 3.05 per cent in this quarter. Although the quantity produced has decreased, the revenue has shown an increase in realisation. In Q1 FY26, the Avg. Realisation is INR 3,88,570 per tonne ( USD 4,376.54 per tonne). In comparison to it in Q1 FY26,...
The MSCI ACWI IMI Aluminium Index — a narrow, commodity-dependent equity yardstick that tracks 19 aluminium-sub-industry companies across developed and emerging markets reads like a textbook case of high concentration and high cyclicality. Since its launch (back-tested to May 31, 2007), the index has delivered episodic, large upside followed by brutal drawdowns, and today’s market tells the same story: stronger recent returns on the back of a much lower valuation multiple than the broader global equity market, but materially higher volatility and concentration risk. Image for representational purposes only Also read: Aluminium Alloyed, non-alloyed & scrap: India’s downstream aluminium H1 2025 trade Recent performance: strong short-term returns, volatile long-term picture Over the 12...
Maan Aluminium Ltd is gaining the attention of investors as its stock continues to experience steep price moves and conflicting technical signals. A microcap in non-ferrous metals, the company's shares are trading at INR 112.20 (USD 1.34), a gain from the last close of INR 106.90 (USD 1.28). The stock has traded in a one-year range from a 52-week high of INR 258.95 (USD 3.09) to a low of INR 75.51 (USD 0.90), evidencing the volatility of the counter. Mixed technical outlook Despite delivering a staggering 1141.49 per cent return over the last five years, the company has struggled this year, underperforming against the Sensex. Year-to-date, the stock has fallen by 11.13 per cent, compared to the benchmark’s 3.93 per cent gain. Technical indicators are a bit confusing. The daily moving...
Doomsday for both the aluminium and the automotive sectors, especially Ford. A recent fire at an aluminium plant in New York is expected to throw a wrench in the production of Ford Motor's F-150 pickup for several months. This disruption could hit the automaker's earnings by as much as USD 1 billion, according to a report from Evercore ISI analysts released on Wednesday. The breakout On September 16, 2025, a massive fire led to the closure of Novelis' aluminium plant in Scriba, New York . The flames caused significant damage, particularly to the roof and the hot mill, which is the company's largest aluminium fabrication site in North America. The damage was mostly limited to the roof. This plant is a major player, producing over a billion pounds of aluminium sheet each year for industries...
The Swiss government is actively backing key players as they navigate rising energy costs, focusing on boosting domestic production and promoting energy-efficient, recycled aluminium solutions. Even with challenges like skyrocketing electricity prices and fluctuating exports, Switzerland’s aluminium sector is proving its resilience, innovation and strong commitment to achieving its green transition goals. Switzerland's powering up its aluminium game Switzerland is putting a spotlight on the aluminium industry, recognising the metal's incredible versatility, sustainability and its vital role in various high-value sectors. Aluminium is prized for its lightweight nature, resistance to corrosion and its impressive recyclability, making it a key player in energy savings and the country's green...
Eural Gnutti, a manufacturer and seller of semi-finished aluminium products, has rolled out a new lead-free aluminium alloy specifically designed for the automotive industry, meeting the growing demands of stricter regulations. This development is in line with the changing standards in the automotive industry, which is increasingly focusing on lighter, safer and more sustainable options. Eural is taking a proactive approach to tackle regulatory and environmental challenges by developing alloys that comply with the updated End-of-Life Vehicles (ELV) Directive. This new regulation, which will come into effect by the end of 2027, significantly reduces the maximum allowable lead content in vehicle materials and components from 0.4 per cent down to just 0.1 per cent. The Council of the...
The global aluminium trade is undergoing significant shifts, driven primarily by the impact of US tariffs on semi-fabricated aluminium products and key export markets. South Korea, a major player in the aluminium export sector, is feeling the brunt of these changes. With the imposition of 50 per cent tariffs on aluminium and steel, the country's exports to the US have been severely affected, particularly in sectors like automotive and non-ferrous metals. This economic strain has forced South Korea to seek strategic responses, including diversification of markets and tariff negotiations, to mitigate losses. On the other side of the globe, the United States is grappling with a slowdown in imports of semi-fabricated aluminium products, driven by the sharp rise in tariffs and weakening demand...
US tariffs have had a serious adverse impact on Korea as the country’s economy leans heavily on exports to the American market. The strain is already visible in the country’s trade performance, with export growth slowed to 3 per cent Y-o-Y, down from 5.8 per cent in July. Although that marked the third consecutive month of growth, it was the weakest in the streak, underlining the impact of Washington’s trade barriers. A new study by the CODIT Global Evidence-Based Policy Institute, “U.S. Imposes 50% Tariffs on Aluminum and Copper: Strategic Responses for Korea,” underscores the structural vulnerabilities of Korea’s non-ferrous metals industry, valued at KRW 57 trillion (USD 40.5 billion) and dominated by small and mid-sized companies. The study finds that aluminium and steel form the...
