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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LME aluminium opened at US$3,361 per tonne on Monday and closed at US$3,251.5 per tonne, down US$120.5 per tonne or 3.57 per cent. LME aluminium cash bid price halted at US$3,233.50 per tonne and LME aluminium official settlement price stopped at US$3,234.50 per tonne, with a downfall of 4.7 per cent and 4.72 per cent respectively, if compared with the records of Friday, last week. The 3-month bid price of aluminium also decreased by US$172 per tonne or 5.02 per cent to rest at US$3,249 per tonne. On the other hand, 3-month offer price faced the same percentage cut resting at US$3,251 per tonne. From Monday’s LME official price chart, December 23 bid price stood at US$3,110 per tonne and December23 offer price at US$3,115, both witnessing a downward swing of 5.6 per cent or US$185. LME...
On Tuesday, April 12, China’s A00 aluminium ingot price nosedived by RMB 380 per tonne to record at RMB 20,850 per tonne. The average price for the same day is expected to orbit between RMB 20,830 per tonne and RMB 20,870 per tonne, with spot contract to be traded at a premium price of RMB 60-20 per tonne. In Gongyi and Foshan the price has plunged by RMB 370 per tonne and RMB 380 per tonne to come in at RMB 20,840 per tonne and RMB 20,880 per tonne. In Wuxi and Hangzhou the price has declined by RMB 580 per tonne and RMB 570 per tonne to stop at RMB 21,220 per tonne and RMB 21,305 per tonne. For the same day in Chongqing and Shenyang, the price has witnessed downfall by RMB 355 per tonne and RMB 330 per tonne to halt at RMB 20,875 per tonne and RMB 20,900 per tonne. In Tianjin and Linyi...
Hindalco Industries Limited hiked its aluminium ingot and aluminium products prices on Saturday, April 9, following a sharp cut on the previous day. The major Indian aluminium player increased its aluminium ingot price by INR 4,000 per tonne to INR 293,750 per tonne, with effect from April 9. On the previous day, the price was slashed by INR 7,250 per tonne to INR 289,750 per tonne. On April 9, Hindalco’s aluminium wire rod price also saw a rise of INR 4,000 per tonne from INR 300,850 per tonne to INR 304,850 per tonne. Aluminium billets price experienced no exception but also an increase of INR 4,000 per tonne on the same day. On April 9, Hindalco’s aluminium billets price stood at INR 307,850 per tonne versus INR 303,850 per tonne on April 8. Hindalco links its aluminium ingot and...
On February 19 2022, due to an internal power distribution breakdown, one of the four production lines of Hydro's part-owned main aluminium facility in Brazil, Albras, was shutdown. However, as of April 8 2022, the aluminium facility will be restarted. As a result of the breakdown, one potline, the Albras plant in Barcarena, Pará state, was working at 25% capacity. The plant's other three lines were untouched, and no one was hurt. In Q4 2022, the production line is projected to be fully operational. Albras' entire annual production capacity is 460,000 tonnes. Hydro controls 51 percent of Albras, while Nippon Amazon Aluminium Co. Ltd owns the remaining 49 percent.
Segregated from the power networks of any other country, Iceland in 2021 winter did face a unique problem of running out of electricity. The Icelanders who used to merely live on fishing for their livelihood were fortunate enough to witness the emergence of a large aluminium-smelting industry fifty years ago on their soil, which usually yields ample wealth for the entire community. 850 kms from the Scottish Coast, surrounded by the Atlantic Ocean, Iceland had always been self-sufficient when it came to electricity generation; in fact, the smelter played a huge role. Iceland could be fuelled by geothermal power and hydro generation since it is known as the land of glaciers located between two tectonic plates, highlands and also receives ample rainfall. It has even plotted to export...
According to the data shown by the Shanghai Metals Market, China produced 3.315 million tonnes of aluminium in March 2022, a decrease of 0.92 per cent year-on-year. Also, the daily average output stood 1,000 tonnes per day lower over the year to 106,900 tonnes but edged a hike of 1,700 tonnes per day month-on-month. From January to March 2022, China produced 9.465 million tonnes of aluminium in total, a drop of 2.8 per cent from the same period last year. China’s domestic aluminium production recommenced in March, along with many new capacities came into operation. In Yunnan and Guangxi, new and resumed aluminium capacity totalled 998,000 tonnes. With no production cuts in entire March, national aluminium production capacity reached 39.974 million tonnes as of early April. The effective...
Aluminium ingot production in Iran surged by 20 percent throughout the Iranian calendar year 1400, which ended on March 20, says the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). IMIDRO is a large state-owned holding corporation operating in Iran's mining sector. According to IMIDRO statistics, yearly aluminium ingot output was 538,633 tonnes in 1400, 446,836 tonnes in 1399, and 278,318 tonnes in 1398. By the Iranian calendar year 1404 the country intends to produce 1.5 million tonnes of aluminium ingot annually (March 2025-March 2026). Apart from this, South Aluminum Corporation (SALCO) manufactured 173,594 tonnes of aluminium ingots, Almahdi Aluminum Company produced 150,738 tonnes, and Iran Alumina Company produced 37,243 tonnes. In the previous...
LME aluminium opened at US$3,392 per tonne last Friday and closed at US$3,372 per tonne, down US$28 per tonne or 0.82 per cent. Prices of commodities might be on the rise once again as East of Ukraine is still being vacated for this might just be the beginning of the end. LME aluminium cash bid price stood at US$3,393 per tonne and LME aluminium official settlement price halted at US$3,395, with a rise of 1.46 per cent or US$49 each, if compared with the records of Thursday. The 3-month bid price of aluminium also increased by US$49 per tonne or 1.45 per cent to rest at US$3,421 per tonne. On the other hand, 3-month offer price faced the same percentage rise resting at US$3,423 per tonne. From the LME official price chart of Friday, December 23 bid price stood at US$3,295 per tonne and...
A00 aluminium ingot price in China has further plunged over the weekend ended April 11, 2022, by RMB 570 per tonne to stand at RMB 21,230 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 21,210 per tonne and RMB 21,250 per tonne, with a spot contract to be traded at a premium price of RMB 70-30 per tonne. In Wuxi, A00 aluminium ingot price has nosedived by RMB 580 per tonne to come in at RMB 21,220 per tonne, followed by the decrease of RMB 570 per tonne in Foshan, Hangzhou and Linyi to RMB 21,260 per tonne, RMB 21,305 per tonne and RMB 21,350 per tonne, respectively. In Shenyang and Tianjin, primary aluminium ingot price has shrunk by RMB 520 per tonne to RMB 21,230 per tonne and RMB 21,330 per tonne, while the price in Gongyi has slumped...
The primary aluminium sector has witnessed a mixed yet significant response this week both in terms of prices and other activities. If on one hand, Hindalco’s aluminium ingot price had escalated by INR 3,250 per tonne after 4 successive downfalls, LME aluminium benchmark price had stayed on the downward side. The price fell from US$ US$3,444 per tonne to US$3,395 per tonne. On Monday, April 4, both the LME aluminium cash bid price and the LME aluminium official settlement price fell 1.12% to US$3,443.50 per tonne and US$3,444 per tonne, respectively. Apart from this, the news of EGA and Ma’aden moving towards greener aluminium smelting technology shows that the aluminium industry is paying more attention to sustainable production. As a knock-on effects from the Russia-Ukraine crisis, LME...
After a sharp cut of INR 7,250 per tonne across all the aluminium products on April 8, Vedanta Limited has lifted its aluminium prices, with effect from April 9. The company has increased its aluminium ingot price by INR 4,000 per tonne to INR 294,000- 341,500 per tonne on April 9 as against INR 290,000- 337,500 on April 8. Vedanta has also elevated its aluminium wire rod price by INR 4,000 per tonne on April 9 to sell the product at INR 301,500- 309,000 per tonne. On April 8, the company’s aluminium wire rod price stood at INR 297,500- 305,000 per tonne. Since the latest price revision, Vedanta is selling its aluminium billets at INR 302,000 per tonne, up by INR 4,000 per tonne from INR 298,000 per tonne on April 8. Vedanta Limited links its aluminium products and aluminium ingot prices...
LME aluminium benchmark price continued to trend down this week from US$3,444 per tonne to US$3,395 per tonne. Both LME aluminium cash bid price and LME aluminium official settlement price started the week on Monday, April 4, with a drop of 1.12 per cent to US$3,443.50 per tonne and US$3,444 per tonne. On Tuesday, April 5, both the prices further slipped to US$3.414 per tonne and US$3,415 per tonne but rose intermittently by 0.85 per cent and 0.83 per cent to US$3,443 per tonne and US$3,443.50 per tonne. On Thursday, April 7, LME aluminium cash bid price decreased by US$99 per tonne to US$3,344 per tonne, while LME aluminium official settlement price declined by US$97.50 per tonne to US$3,346 per tonne. However, they closed the week on April 8 higher at US$3,393 per tonne and US$3,395 per...
India’s largest aluminium producer, Vedanta Aluminium freighted its introductory 4000-tonne fly ash consignment rake to one of the plants of Holcim India – ACC Cement, Chaibasa Cement Works to produce low-carbon cement. ACC ranks as India’s leading cement producer. The aluminium company stated that this is a drive of Vedanta Jharsuguda’s waste-to-wealth incumbency and certifies worthwhile utilisation of fly ash, an industrial by-product in the circular economy path. The thermal power producers generate electricity by using coal and fly ash is a by-product. Vedanta’s Jharsuguda aluminium smelter consumes energy from its coal-fuelled captive power plant. Now, the implicit properties of fly ash can be used for upgrading product quality, sustaining energy, water, and other beneficial...
In January 2022, the United States domestic primary aluminium production stood at 82,000 tonnes, reflecting a second monthly rise of 3,000 tonnes or 3.8 per cent, found the US Census Bureau. In December 2021, the United States primary aluminium production was 79,000 tonnes, up by 4,000 tonnes from the previous month. On a year-on-year calculation, the United States primary aluminium output in January 2022 was 4,000 tonnes or 5.13 per cent higher than 78,000 tonnes. Total aluminium recovered from scrap in January 2022 was 266,000 tonnes, slightly less than the revised amount in December 2021 and essentially unchanged from the revised amounts in January 2021. Of the total amount recovered in January 2022, 151,000 tonnes were recovered from new scrap and 115,000 tonnes from old scrap. In...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have continued to grow this week by 25,000 tonnes across eight major consumption areas, including SHFE warrants. Thus, SMM data shows the inventories have come in at 1.066 million tonnes, as of Thursday, April 7, compared to 1.041 million tonnes a week ago, March 31. The rise in China’s week-on-week primary aluminium inventories is contributed by disrupted local transportation causing irregular shipments. The chart below indicates the current status of primary aluminium inventories across China in more details: As the above data demonstrates, Wuxi has seen a build-up this week of 36,000 tonnes to stand at 486,000 tonnes, while the provinces have either seen downfalls or restraints this week. For...
LME aluminium opened at US$3,436 per tonne on Thursday and closed at US$3,400 per tonne, down US$31.5 per tonne or 0.92 per cent. On 7 th April, LME aluminium cash bid price stood at US$3,344 per tonne and LME aluminium official settlement price halted at US$3,346. The former recorded a fall of 2.87 per cent or US$99 per tonne and the latter decreased by US$97.50 per tonne or 2.83 per cent. 3-month bid price stood at US$3,372 facing a downswing of 2.71 per cent or US$94 and 3-month offer price came in at US$3,374 per tonne falling by US$93 per tonne or 2.68 per cent. On the same day, December 23 bid price settled at US$3,265 per tonne and December 23 offer price at US$3,270, both witnessing a decline of 2.68 per cent or US$90 per tonne. LME aluminium opening stock continued to decrease...
Emirates Global Aluminium (EGA), the UAE’s biggest industrial company outside oil and gas, and Ma’aden, a Saudi state-owned mining company, have reportedly agreed to extend their collaboration on greener aluminium smelting technology, in a bid to achieve more sustainable production. The news came on Thursday, April 7, when both the companies said in a joint statement that they would continue to work together to develop new aluminium smelting technologies with lower greenhouse gas emissions. The agreement extends an original contract signed in 2018. As per the report now, EGA and Ma’aden also plan to work together on managing by-products from processes in the aluminium value chain and aluminium recycling. On the extension of the partnership to work on technology and other developments for...
After four successive cuts, Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices, with effect from Thursday, April 7. The company has added on INR 3,250 per tonne to its aluminium ingot price to sell it at INR 297,000 per tonne. On April 6, the price stood at INR 293,750 per tonne, seeing a downfall of INR 3,000 per tonne or 1.01 per cent from the previous day. With effect from April 7, Hindalco Industries’ aluminium wire rod price has also been grown by INR 3,250 per tonne to INR 308,100 per tonne. On the previous day, it saw a cut of INR 3,000 per tonne to stand at INR 304,850 per tonne. With the latest rise on April 7, Hindalco’s aluminium billets price came in at INR 311,100 per tonne as against INR 307,850 per tonne on April 6. Hindalco has...
