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 insights of the AL foil industry - Aluminium Flat Rolled Products: Insights & Forecast to 2030
Important market updates
Among the many nations hit by the United States’ steep aluminium and steel tariffs, South Korea counts itself as one of the hardest affected. Once a key trading partner of Washington following the 2007 Free Trade Agreement (FTA), the country now finds itself bearing the brunt of America’s protectionist measures. The initial 25 per cent duty already dealt a significant blow, but the subsequent hike by another 25 per cent has been viewed as the final nail in the coffin for Korean exporters. To get more updates on the aluminium flat-rolled product trends and forecast, read AL Circle's specially curated report.
International trade in aluminium bars and rods painted a picture of divergence in early 2025. China, still the world’s largest player, saw its export volumes drop by 21.09 per cent year on year, while export values fell even more sharply by 27.4 per cent. Germany and Italy too faced double-digit contractions in shipments and earnings, weighed down by weaker demand and costlier supply chains. Click here to read more.
As of early September 2025, primary aluminium on the London Metal Exchange is trading within a tight band of USD 2,591.75 to USD 2,606 per tonne. While these prices set the tone for global trade, it is the downstream market, sheets, foils, and cans that underscore aluminium’s broader economic relevance across packaging, construction, transport, and consumer industries. Click here to know why and how.
Maan Aluminium, a microcap in the non-ferrous metals sector, has seen its valuation grade shift from fair to expensive. The company now trades at a price-to-earnings ratio of 42.18 and an EV/EBITDA multiple of 26.40, reflecting a clear premium over peers. However, recent quarterly results point to weakening fundamentals, raising concerns about whether such high multiples are sustainable. Click here to read more.
Capital moves in the aluminium industry
Sharvaya Metals’ upcoming IPO, scheduled for subscription from September 4 to 9, 2025, has generated significant investor interest. Established in 2014, the company has established itself as a leading producer of aluminium products for both domestic and international markets. Its Ahmednagar facility, launched in 2017, manufactures alloy ingots, billets, slabs, sheets, circles, and specialised EV battery housings designed to ensure the structural integrity and safety of cells.
Nuveen LLC, a US-based producer and marketer of aluminium products, has increased its stake in Kaiser Aluminium Corporation. According to its latest SEC filing, the firm acquired 43,250 shares worth about USD 2.62 million, bringing its total ownership in Kaiser Aluminium to 0.27 per cent.
Winstar Capital, a Malaysian investment holding company active in aluminium manufacturing, building materials trading and distribution, and solar PV system installation, has announced a special Bumiputera share placement. The exercise will involve up to 41.45 million new shares, to be allocated to investors approved by the Ministry of Investment, Trade and Industry (MITI).
Other significant updates
Hydro has introduced its recycled aluminium product, Hydro CIRCAL, now offered in both extrusion ingot and foundry alloy formats. Containing at least 75 per cent post-consumer scrap (PCS), the product expands its applications with the addition of foundry alloys. This enables automotive manufacturers to incorporate Hydro CIRCAL into wheels, battery boxes, as well as structural and engine components. Click here to read more.
Gujarat-based Finomax Scaffolding (I), a leading manufacturer, supplier, and exporter of aluminium formwork and scaffolding systems, is setting new benchmarks in the industry with its precision-engineered solutions that align with global construction standards. The company has recently unveiled its state-of-the-art aluminium formwork and scaffolding systems, designed to accelerate modern construction processes. Click here to read more.
With a vision to position aluminium as a key critical material across vital industries, Bridgnorth Aluminium, the UK’s fully integrated producer of flat-rolled aluminium coils, has launched a recruitment drive to fill 10 roles at its expansive Bridgnorth site. The hiring campaign will take place during an event scheduled for September. Click here to read more.
Ahmedabad International Airport has once again made headlines and not for the right reasons. In the latest incident, officials seized 353.8 grams of precious metal valued at USD 44,100, along with other economically significant metals, including aluminium, from a SpiceJet SG16 passenger arriving from Dubai. Click here to read more.
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