Net sales of National Aluminium Company Limited (NALCO) rose 26.2 per cent year-on-year to INR 53.80 billion (USD 567 million) in Q2 FY2026-27, compared with INR 42.6 billion (USD 449 million) in the same quarter last year. The company is set to discuss its unaudited results for the quarter and half-year ended September 30, 2026, during an earnings call scheduled for November 3. NALCO’s total income reached INR 56.7 billion (USD 598 million) in Q2 FY27, an increase of 27.5 per cent year on year. Operating expenses stood at INR 30.1 billion (USD 37 million), while earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to INR 26.6 billion (USD 280 million). Net sales in the preceding quarter, Q1 FY27, were INR 52.7 billion (USD 556 million). Explore the production,...
Aluminum Corporation of China Limited (CHALCO) reported a sharp increase in profitability in the third quarter of 2026, supported by cost controls and stable margins at its Yunnan aluminium operations. However, the company's alumina business continued to face pressure from higher bauxite and freight costs, highlighting the contrasting performance of its two major product segments. According to CHALCO's third-quarter report released on October 29, 2026, total profit increased 66.08 per cent year on year to RMB 12.50 billion (USD 1.88 billion) in Q3 2026, compared with RMB 7.53 billion (USD 1.13 billion) in the corresponding quarter of 2025. Net profit attributable to shareholders of the listed company rose 59.10 per cent to RMB 6.04 billion (USD 909 million), against RMB 3.80 billion (USD...
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According to the Shanghai Metals Market, social inventories of primary aluminium in China continued to record week-on-week fall since the last drop of 3,000 tonnes on the previous Thursday, April 14. But compared to the prior week, the inventories fell extensively this Thursday by 42,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, to come in at 1.02 million tonnes. Gongyi saw the highest downfall in inventories as it experienced normal arrivals and increased sales. Downstream producers became willing to stock up after the pandemic situation improved slightly, allowing inventories of aluminium ingots to continue to fall. The chart below indicates the current status of primary aluminium inventories across China in more details: So, as the chart suggests,...
National Aluminium Company Limited has revised its aluminium ingot and aluminium products prices since its last cut on April 12. With effect from Thursday, April 21, NALCO has increased its aluminium ingot price by INR 2,100 per tonne or 0.75 per cent to sell it at INR 282,650-286,150 per tonne. On April 12, the price was at INR 280,550- 284,050 per tonne after being sharply cut by INR 15,700 per tonne. NALCO’s aluminium wire rod price has also seen a raise of INR 2,100 per tonne to INR 285,150-289,500 per tonne as against INR 283,050- 287,400 per tonne on April 12. Aluminium billets price has come in at INR 286,100-288,750 per tonne, up by the same amount from INR 284,000- 286,650 per tonne. NALCO links its aluminium ingot and aluminium products prices to the three-month future price of...
Total aluminium production worldwide for the month of March 2022 has been 5.693 million tonnes with a rise of 10.35 per cent than 5.118 million tonnes in the previous month. African production of aluminium has been on steep upward rise from 123,000 tonnes in February 2022 to 136,000 tonnes in March 2022. Africa has increased aluminium production by 13,000 tonnes in March, bringing the total production to 398,000 tonnes in Q1 2022. That was an increase of 3.38 per cent from 385,000 tonnes in Q1 2021. But comparing the worldwide production of 1Q2021 and 1Q2022, we find the primary aluminium output was on a decline since collection in Q1 2021 amounted up to 16.786 million tonnes, whereas in Q1 2022, it was 16.459 million tonnes. Surprisingly enough keeping the exact time span in mind, for...
LME aluminium opened at US$3,269 per tonne on Thursday and closed at US$3,302.5 per tonne, an increase of US$39.5 per tonne or 1.21 per cent. On 21 st April, LME aluminium cash bid price stood at US$3,261 per tonne and LME aluminium official settlement price halted at US$3,262. The former recorded a hike of 0.68 per cent or US$22 per tonne and the latter too had the same amount or percentage rise. 3-month bid price stood at US$3,275 cruising upwards by 0.83 per cent or US$27 and 3-month offer price came in at US$3,276 per tonne rising by US$26 per tonne or 0.8 per cent. On the same day, December 23 bid price settled at US$3,125 per tonne and December 23 offer price at US$3,130 per tonne. The bid price went up by 0.97 per cent or US$30 per tonne, the official price too had the same amount...
According to the Shanghai Metals Market, China imported 39,400 tonnes of primary aluminium in March 2022, which reflected a sharp rise of 115 per cent month-on-month but a downfall of 55.1 per cent year-on-year. In contrast, China’s exports of primary aluminium grew year-on-year by 5571 per cent in March 2022 to 42,300 tonnes and increased by 60 per cent over a month. In the entire first quarter of 2022 ended March 31, primary aluminium imports totalled 96,600 tonnes, down by 71 per cent year-on-year, while exports amounted to 73,000 tonnes, up by 3017 per cent. As per SMM’s calculation, 44.8 per cent of primary aluminium was imported under general trade, while another 38.7 per cent was from cargoes under special customs supervision areas. China primarily imported from Russia, India, and...
AlCircle is pleased to announce the launch of the 4 th edition of its flagship e-Magazine, “Aluminium LeaderSpeak 2022.” It is an exclusive e-Magazine in which top industry professionals from the entire aluminium value chain have expressed their predictions for how the year will unfold for their companies and the industry. They've also shared their business plans and strategies for the entire year of 2022. While the year 2021 was all about coping with the loss suffered due to the pandemic, the year 2022 witnessed some unpleasant incidents. From the geopolitical crisis to the resurgence of COVID-19 cases in China, the metal industry has been greatly affected by the same, resulting in a series of prolonged after-effects like the aluminium can shortage, increased price of aluminium and...
On 19 th April 2022, the Odisha state government stated that it will endeavour a discussion with Mahanadi Coalfields Limited (MCL), one of the major coal-producing companies in India to solve the dry fuel crisis. Prafulla Kumar Mallik, the state’s minister for Steel and Mines said, “I will hold discussions with the authorities of Nalco and also the MCL and ensure that the aluminium major's production is not affected due to shortage of coal." The Indian state-owned integrated aluminium company, Nalco, whose authorities are close-mouthed over the crisis as both the mines and coal ministries are governed by one Indian Union Minister. However, several workers' unions of Nalco have awakened the trouble over the coal dearth at the Angul aluminium smelter. Concurrently, the worker's unions...
According to a recent report, Emirates Global Aluminium has agreed on supplying CelestiAL solar aluminium to Mercedes-Benz parts maker Hammerer Aluminium Industries (HAI). The news came after the former, the world’s biggest premium aluminium producer, entered into a formal agreement with Hammerer. Rob van Gils, Chief Executive Officer of Hammerer Aluminium Industries, said: “This partnership with EGA enables us to contribute to a better future and shows that aluminium has a key role to play in achieving the European Union’s Green Deal ambitions to decarbonise manufacturing. I am personally excited that many parts of the premium SUVs which are so popular in the UAE will be produced by HAI using EGA’s UAE-made CelestiAL solar aluminium. I look forward to driving these vehicles on the UAE’s...
Sales at Alcoa Corp. fell as a result of protracted supply chain interruptions, sparking concerns that the tie-ups will diminish consumer demand for aluminium. In the first quarter, the Pittsburgh-based aluminium maker reported sales of $3.29 billion, which fell short of the $3.44 billion. Due to a dearth of available railway cars and vessels, notably in North America, the corporation reported greater levels of inventory. Rising inflation, Russia's invasion of Ukraine, and China's recent recession may be causing uncertainty in the worldwide market for aluminium, which is used in everything from autos to construction to appliances. On a conference call with analysts on Wednesday, Chief Executive Roy Harvey said Russia's invasion of Ukraine has compounded the supply chain situation, making...
In March 2022, world primary aluminium production grew month-on-month by 11.23 per cent to rebound to 5.693 million tonnes, bringing the total output in the first quarter ended March 31, 2022, to 16.459 million tonnes. In February, the production stood at 5.118 million tonnes, seeing a decline of 9.38 per cent from 5.648 million tonnes in January. But despite the M-o-M hike in March 2022, world primary aluminium production in Q1 registered a quarter-on-quarter downfall of 1.07 per cent from 16.637 million tonnes to 16.459. Also, on a year-on-year calculation, the output in 1Q2022 saw a downfall of 1.95 per cent from 16.786 million tonnes. In China, the world’s leading primary aluminium producer, the output in March 2022 came in at 3.293 million tonnes, up by 11.63 per cent from 2.950...
LME aluminium opened at US$3,263 per tonne on Wednesday and closed at US$3,263 per tonne, an increase of US$11 per tonne or 0.34 per cent. On 20 th April, LME aluminium cash bid price stood at US$3,239 per tonne and LME aluminium official settlement price halted at US$3,240. The former recorded a fall of 2.14 per cent or US$71 per tonne and the latter decreased by US$72 per tonne or 2.17 per cent. 3-month bid price stood at US$3,248 facing a downswing of 2.31 per cent or US$77 and 3-month offer price came in at US$3,250 per tonne falling by US$76 per tonne or 2.28 per cent. On the same day, December 23 bid price settled at US$3,095 per tonne and December 23 offer price at US$3,100. The bid price witnessed a decline of 2.46 per cent or US$78 per tonne, the official price too had the same...
Vedanta Limited has hiked its aluminium ingot and aluminium products prices on Tuesday, April 20, in response to the LME aluminium price growth. Vedanta has raised its aluminium ingot price by INR 6,500 per tonne or 2.30 per cent to INR 288,750-336,250 per tonne as against the increase of INR 1,250 per tonne to INR 282,250- 329,750 per tonne on April 15. Vedanta’s aluminium wire rod price has also been grown by INR 6,500 per tonne on April 20 from INR 289750- 297250 per tonne to INR 296,250-303,750 per tonne. Aluminium billet price has experienced no exception but a hike of the same amount to INR 296,750 per tonne. On April 15, Vedanta’s aluminium billet price came in at INR 290,250 per tonne, up by INR 1,250 per tonne from the previous day. Vedanta Limited links its aluminium products...
LME aluminium opened at US$3,295 per tonne on Tuesday and closed at US$3,252 per tonne, down US$47 per tonne or 1.42 per tonne. LME aluminium cash bid price stood at US$3,310 per tonne and LME aluminium official settlement price halted at US$3,312, gaining 2.25 per cent and 2.30 per cent respectively, if compared with the records of Thursday, last week. LME resumed on Tuesday after the Good Friday weekend. 3-month bid price of aluminium rose by US$60 per tonne or 1.84 per cent to rest at US$3,325 per tonne. 3-month offer price also faced the same percentage hike to settle at US$3,326 per tonne. According to Tuesday’s LME official price chart, December 23 bid price stood at US$3,173 per tonne and December 23 offer price at US$3,178, both witnessing an elevation of 1.37 per cent or US$43....
The second-largest coal miner in Indonesia, PT Adaro Energy Indonesia Tbk will enter the aluminium sector as a part of the company's diversified business portfolio. Garibaldi Thohir, the President Director of Adaro said, “The Company would soon enter the aluminium business.” He further addressed, "It is hoped that this year and 2023 the construction of the smelter can begin so that in 2024 the construction will have been completed.” The motive for ADRO’s stepping into the aluminium sector is to contribute to the development of electric vehicles (EV) and aluminium batteries. Presently, the company is the second-largest miner in the nation concerning its production volume and market capitalization. The company, however, established a subsidiary in the name of PT Adaro Aluminum Indonesia,...
On Tuesday, 19 th April, the benchmark aluminium price for SHFE has increased by US$40 per tonne or 0.23 per cent to stand at US$3,466 per tonne. Overnight, the most-traded SHFE 2205 aluminium contract opened at RMB 21,895 per tonne, with the highest and lowest at RMB 22,200 per tonne and RMB 21,885 per tonne before closing at RMB 22,140 per tonne, up RMB 300 per tonne or 1.37 per cent. The LME was closed yesterday due to the Easter holiday, but will open on Tuesday. The most-traded SHFE 2205 aluminium closed up 0.44 per cent or RMB 95 per tonne to RMB 21,840 per tonne, with open interest down 11,226 lots to 144,897 lots. LME Aluminium Price LME was closed on Friday (Good Friday) which was the beginning of Easter Holidays and shall remain closed till Monday. LME will resume on Tuesday and...
In March 2022, China’s aluminium imports slipped below 200,000 tonnes, decreasing by 4.6 per cent year-on-year, found the General Administration of Customs. As per the data shown, the country secured 197,134 tonnes of unwrought aluminium and products, including primary metal and unwrought & alloyed aluminium in March 2022 compared to 206,556 tonnes a year ago. In the first quarter of 2022, China imported 533,136 tonnes of aluminium in total, which was down by 19 per cent on an annual basis, showed the customs data further. But in term of monetary value, the imports in March improved by 16 per cent year-on-year and that in Q1 rose 2.4 per cent, according to the official data. The price surge of overseas aluminium exceeding China’s domestic prices is one of the primary reasons for the...
On Monday, 18 th April, the benchmark aluminium price for SHFE has expanded by US$8 per tonne or 0.23 per cent to stand at US$3,426 per tonne. The most-traded SHFE 2205 aluminium contract opened at RMB 21,820 per tonne during last Friday’s night session and rose to RMB 21,905 per tonne before closing at RMB 21,755 per tonne, down RMB 95 yuan per tonne or 0.43 per cent. The most-traded SHFE 2205 aluminium closed up 2.29 per cent or RMB 490 per tonne to RMB 21,850 per tonne, with open interest down 11,437 lots to 156,123 lots. LME aluminium price The LME was closed last Friday due to the Good Friday holiday, and will remain closed for today due to the Easter holiday, but will open on Tuesday. On Thursday, LME aluminium cash bid price stood at US$3,237 per tonne and LME aluminium official...
In March 2022, China’s aluminium production recorded a rise of 1.8 per cent year-on-year to stand the highest since last May 2021, buoyed by production recovery and strong profits. As per the data showed by the National Bureau of Statistics, the output in China came in at 3.3 million tonnes, reflecting a year-on-year rise of 0.73 per cent from 3.276 million tonnes. But China’s daily average aluminium production of March was slightly down at 106,452 tonnes from the daily average of 107,288 tonnes during January-February, according to Reuters calculations based on the NBS data. The fall in daily average output in March could be attributed to narrow demand due to the recent COVID-19 outbreaks and ensuing lockdowns in China, despite provinces like Yunnan resumed production after being hit by...
