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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Worldwide Aluminium, an India-based supplier of aluminium products, has fallen to a new 52-week low, trading at INR 15.76 (USD 0.19) on 9 September 2025. The share has underperformed its sector by 3.21 per cent and has fallen 9.68 per cent over just two days. The decline matches weakness in global aluminium sentiment, with consistent negative investment valuations attributable to sluggish demand and oversupply pressures. Also read: Indian brands to slash prices: Almost all AL-inclusive goods are cheaper with 'GST 2.0' revised rates Persistent weakness despite positive quarters The company has reported positive results for three consecutive quarters, with net sales of INR 635.4 million (USD 7.62 million) and a modest profit after tax of INR 0.07 crore (USD 8,400) in the first nine months....
The global aluminium flat rolled products (FRP) market, excluding foil, is poised for resilient growth in 2025, according to different types of market segmentation driven by sustained demand from global market trends of transportation, packaging (excluding foil), construction, and renewable energy sectors. As economies continue to recover post-pandemic and shift toward decarbonisation, aluminium FRPs are gaining preference due to their lightweight nature, strength-to-weight ratio, corrosion resistance, and recyclability. Source: TotalEnergies Asia-Pacific is dominating production and consumption, particularly China and India, supported by government-backed infrastructure spending and a booming EV industry. China’s aluminium FRP demand is heavily driven by state-led infrastructure and...
Novelis, a prominent player in the aluminium rolling and recycling industry, a part of the Aditya Birla Group, is pushing the boundaries of innovation in aerospace with new solutions designed to boost flight performance. At the Paris Air Show 2025, the company truly shone as a leading innovator in the aerospace aluminium industry, presenting solutions that beautifully blend performance, sustainability, and circularity. Aluminium in aerospace In 2020, the firm took a big step forward by acquiring Aleris, a leading producer of advanced aerospace alloys, which helped them expand their aluminium portfolio. This smart move allowed the firm to meet nearly 90 per cent of the global demand for aircraft, making them a go-to aluminium supplier for major manufacturers like Airbus, Boeing, Bombardier...
India’s Navaratna Central Public Sector Enterprise National Aluminium Company Limited (NALCO), in partnership with Odisha Industrial Infrastructure Development Corporation (IDCO), is revitalising the Angul Aluminium Park to strengthen Odisha’s industrial ecosystem. A roadshow on 23 September 2025 will highlight opportunities for MSMEs in downstream and ancillary industries, aiming to attract investment, create jobs, and boost value addition. Image for representational purposes only Also read: Nalco maps green alumina path by 2030, but coal expansion on cards too A high-level meeting, chaired by Shri Brijendra Pratap Singh, CMD NALCO, and co-chaired by Shri Jagdish Arora, Director (Projects and Technical), brought together leading associations. Representatives from the Utkal Chamber of...
Thane police in Maharashtra are probing a big theft, with aluminium plates worth INR 3.95 million (around USD 45,000) being robbed from a construction site in the Bhiwandi district. The theft reportedly happened in early April but was officially reported by the general manager of the construction company on September 1, almost five months after the incident. This delay has added another mystery to the case. Image source: https://commons.wikimedia.org/ Also read: Outlook for the Indian Aluminium Idustry As authorities try to track down the unknown culprits, the multi-million-dollar heist highlights the rising price and demand for aluminium, especially in India's thriving construction and infrastructure industries. The plates form an essential part of contemporary construction, utilised in...
A strategic partnership has recently taken shape where Landscape Capital Management L.L.C., an investment management firm, has acquired a brand new position in the shares of the Ball Corporation in the first quarter, as reflected in most of the filings conducted with the Securities & Exchange Commission. The acquisition held 15,423 shares of the firm's total shares, which is valued at USD 803,000 in the current trading session. Multiple large investors have recently changed their positions in the company. Importantly, Cary Street Partners Investment Advisory L.L.C. purchased a new stake in the firm in the first quarter, for about USD 32,000. External shareholding Strengthening Families & Communities L.L.C. greatly expanded its position in the company during the first quarter by 72.4 per...
India’s aluminium industry is under pressure as cheaper plastic alternatives like UPVC products replace aluminium in many uses. The industry body Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to step in, encourage more domestic aluminium consumption, and safeguard the interests of small manufacturers. “Aluminium products, including window frames, kitchen items, doors, roofs, and automotive parts, are being replaced by UPVC at an alarming rate,” said Jitendra Chopra, president of ALEMAI. He also added that government-backed promotion of UPVC is derived from crude oil. It contradicts India’s Paris Agreement commitments on cutting emissions. India’s aluminium extrusion industry has the capacity to produce 3 million tonnes annually but currently...
The aluminium downstream sector plays a critical role in the processing and utilisation of aluminium, a versatile and lightweight metal with a wide range of applications. From automotive and aerospace to construction, packaging, and electrical applications, it delivers tailored solutions that address specific market needs. As per data, the first half of 2025 has thrown up a telling contrast within the aluminium value chain. On one side, global trade in semi-finished products such as bars, rods, and profiles revealed significant headwinds. On the other, the downstream markets for sheets, foils, and cans continued to grow steadily, underscoring the shifting dynamics in how aluminium is produced, traded, and consumed. Let’s have a look – Downstream Weekly by AL Circle Pvt Ltd To get more...
At the start of September 2025, primary aluminium is trading on the London Metal Exchange at a fairly narrow range of USD 2,591.75 per tonne to USD 2,606 per tonne. While primary aluminium prices influence global trade dynamics, the downstream market of sheets, foils, and cans demonstrates the metal’s broader economic significance across packaging, construction, transport, and consumer industries. Aluminium sheets is considered as one of the most common rolled forms of the metal. Light, durable and resistant to corrosion, they are cut into body panels for cars, roofing and cladding for buildings, and even kitchen appliances. Foil takes on a different role. Thin and ductile, it wraps food, protects medicines and, more recently, lines lithium-ion batteries in electric vehicles. Cans,...
Among many countries being affected by the United States’ steep aluminium and steel tariffs, South Korea claims to be one of them. The country that was once an important trade partner of the United States, back from 2007 with the signing of the Free Trade Agreement (FTA), is now one of the major victims of the United States’ latest protectionist measures. Firstly, the implementation of 25 per cent duty was enough to blow the country, while the subsequent hike by another 25 per cent has proved to be the final nail in the coffin. Being a significant aluminium and steel exporter to the United States (valued at USD 851 million in 2024), South Korea says it has taken a major hit on its economy due to Donald Trump’s tariff regime. Its exports to the US in the month of August slid 12 per cent...
Hydro launched its recycled aluminium product, Hydro CIRCAL, which is available in both extrusion ingot and foundry alloy formats. The product maintains a minimum of 75 per cent post-consumer scrap (PCS) content. With the addition of foundry alloys, automotive companies can now use Hydro CIRCAL for parts such as wheels, battery boxes, and structural and engine components. Hydro Aluminium Metal Executive Vice President Hanne Simensen said, “Hydro CIRCAL has set the benchmark for recycled aluminium since its launch in 2019. By expanding Hydro CIRCAL to the foundry alloy product portfolio, we are opening new doors for our automotive customers to decarbonize parts of their cars with high-quality recycled aluminium containing at least 75 percent post-consumer scrap. We are excited to create...
Maan Aluminium has undergone a valuation grade change as a microcap in the non-ferrous metals industry. Its grade moved from fair to expensive, with a PE of 42.18. It also has an enterprise value (EV) to EBITDA of 26.40, suggesting some premium relative to its peers. Its recent quarterly results provide evidence of declining fundamentals despite the high multiples. The stock trend for the firm has changed from just slightly bearish to flat. Technical indicators such as the MACD show bearish signs on a weekly basis, indicating uncertain sentiment. Investors have seen a return of 197.97 per cent over three years. But the stock is down - 8.28 per cent year-to-date. This separation illustrates the difficulty of valuing fast-paced microcaps. It also states the fact that if the growth momentum...
Nuveen LLC, a US-based producer and marketer of aluminium products, has expanded its position in Kaiser Aluminium Corporation. It has purchased 43,250 shares valued at approximately USD 2.62 million, according to its latest SEC filing. The acquisition means Nuveen now owns 0.27 per cent of Kaiser Aluminium. Image source: https://www.kaiseraluminum.com/ Institutional confidence in Kaiser Aluminium The action comes as Kaiser Aluminium posted earnings per share of USD 1.21, significantly higher than its expectations for USD 0.49. For the quarter, revenue totalled USD 823.1 million, with evidence of sustained demand in its packaging, automotive and aerospace sectors. The company also maintained a dividend payment of USD 0.77 per share. This represents an annualised yield of 4 per cent. Other...
The global trade in aluminium bars and rods profiles during the first half of 2025 painted a picture of divergence, with some exporters expanding their reach while others struggled under regulatory and market pressures. China, still the largest player, endured the steepest fall. Its export volume slipped 21.09 per cent, dropping from 520,144.8 tonnes in H1 2024 to 410,485 tonnes in H1 2025. The financial blow was even harder, as net trade value fell by 27.4 per cent — from USD 1.8 billion to USD1.328 billion. Germany too found itself weighed down by weaker flows. Exports through May 2025 came to 107,240.4 tonnes, from 134,596.5 tonnes shipped in May 2024, a contraction of 20.29 per cent. The country’s export revenues followed the same path, tumbling 15.6 per cent from USD 932 million in...
Gujarat-based Finomax Scaffolding (I), one of the leading manufacturer, supplier, and exporter of aluminium formwork and scaffolding systems, is redefining industry benchmarks with its high-precision engineered solutions designed to meet global construction standards. The company has recently launched its much-awaited state-of-the-art aluminium formwork and scaffolding systems to speed up contemporary construction. The company aims to raise market awareness, empower professionals through training, generate quality opportunities, and establish itself as a pioneering leader in modern building technologies. Finomax’s Aluminium Formwork System is crafted using advanced facilities, integrating friction welding and robotics technology to deliver smooth, durable, and high-strength panels....
With the motive to drive aluminium's role as the champion among the critical materials, used in various vital sectors, Bridgnorth Aluminium, Britain's fully integrated producer of flat rolled aluminium coils, is currently looking for candidates to fill 10 positions in the expansive site in Bridgnorth. This recruitment drive will be conducted at the event set to take place in September. Sectors, likely aerospace, automotive, energy generation and defence, have been using aluminium as one of the key metals in their production process , but the spotlight upon it is not as much as steel. By considering that, the firm is aiming to provide the material the same spotlight with a special focus on its recyclability feature and its role within the circular economy. This is more so because earlier...
Winstar Capital, the Malaysian investment holding company engaged in three core areas, namely manufacturing of aluminium products, the trading and distribution of building materials, and the installation of solar PV systems, has announced plans for a special Bumiputera share placement . 41.45 million new shares to be offered The placement will be up to 41.45 million new shares, which will be offered to the investors approved by the Ministry of Investment, Trade and Industry (Miti). The move is aimed at fulfilling the company’s Bumiputera equity requirement. The proposed placement, which makes up 12.5 per cent of Winstar’s enlarged share capital, will have its issue price fixed at a later date, the aluminium products manufacturer said in a filing to Bursa Malaysia. “Under listing rules,...
Sharvaya Metals IPO has captured the interest of investors ahead of its subscription period from September 4 to 9, 2025. Founded in 2014, Sharvaya Metals is a major manufacturer of aluminium products, supplying the domestic and international markets. The firm opened its plant in Ahmednagar in 2017, producing alloy ingots, billets, slabs, sheets, circles and electric vehicle (EV) battery housings specialised to meet the requirements of the “structural integrity and safety" of the cells. IPO overview and valuation The issue consists of 3,000,000 shares, worth INR 57.60 to 58.80 crore (USD 6.9 to 7.1 million). The price band is INR 192 to 196 (USD 2.31 to 2.36), and the minimum bid consists of 600 shares ( INR 1,17,600 or USD 1332); the IPO will be offered to retail and institutional...
