Qatar Aluminium Manufacturing Company (QAMCO), which holds 50 per cent of the Qatalum joint venture, reported a net profit of QAR 276 million (USD 75.88 million) for the nine months ended 30 September 2026. This marked a drastic 48 per cent year-on-year dip, despite a rise aluminium selling prices. Shipping constraints and reduced operational activity at its joint venture, Qatar Aluminium Company (Qatalum), weighed on production, sales and financial performance. The decline comes from tonnes, not price. The joint venture produced and sold far less metal because shipping constraints tied to the regional conflict reduced operational activity. Higher realised selling prices and lower operating costs partly offset the pressure on earnings, while its closing cash and bank balance, including...
India’s trade deficit with China crossed USD 100 billion in the first nine months of 2026 as imports continued to outpace exports, with aluminium trade data showing a widening imbalance in the latest available period. While India’s overall exports to China recorded strong growth between January and September, the value of its aluminium exports to the neighbouring country declined year on year through July, even as aluminium imports from China increased. Data released by China’s General Administration of Customs showed that bilateral trade rose 25.4 per cent to USD 144.45 billion between January and September 2026. India’s imports from China increased 23.3 per cent to USD 125.19 billion, while exports to China grew 40.7 per cent to USD 19.26 billion. Despite the rise in exports, the trade...
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The May 21 session on the London Metal Exchange (LME) aluminium prices witnessed a drastic recovery in the aluminium market trend from the declining graph in the May 20 session . Figures improved across cash, benchmark and contracts, while the declining stocks and warrants indicated a worldwide aluminium supply shortage. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium cash bid jumped from USD 3,643 per tonne on May 20 to USD 3,718 per tonne on May 21, rising by 2.06 per cent. The offer climbed from USD 3,644 per tonne to USD 3,720 per tonne , gaining 2.08 per cent. The LME aluminium three-month bid as well as offer prices gained 1.64 per cent on May 21....
RUSAL has developed and deployed proprietary software to automate control of anode baking furnaces at its Sayanogorsk Aluminium Smelter as part of a wider modernisation programme to improve production efficiency, process flexibility, and operational performance. The software, created by RUSAL's Engineering Department, controls burners and furnace systems used in anode production. According to the company, the solution improves furnace operation efficiency and enables production teams to adapt and extend system functionality to meet evolving operational requirements. The implementation formed part of a phased modernisation of all three anode baking furnaces at Sayanogorsk, completed this year with a total investment of approximately USD 200 million. Following the upgrade, annual...
Primary aluminium production in the Gulf dropped to its weakest level in more than a decade in April as the ongoing Iran war disrupted smelter operations and raw material supplies across the region, according to preliminary data released by the International Aluminium Institute (IAI) on Wednesday. The Gulf produced 330,000 tonnes of primary aluminium in April, marking a 35 per cent decline from the same month in 2025, the IAI said. The sharp fall highlights the growing pressure on aluminium producers in the region as the conflict continues to affect logistics and supply chains. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” The Gulf accounts for around 8 per cent of global...
Norsk Hydro has been downgraded to “neutral” from “buy” by Citi Research after the company’s shares surged around 25 per cent since February on the back of rising aluminium prices. Citi also increased its target price for Norsk Hydro shares to NKr110 (USD 12.1) from NKr105 (USD 11.55). According to the brokerage, aluminium prices have climbed roughly 20 per cent so far this year, outperforming copper, which has risen around 12 per cent over the same period. Citi said the rally in aluminium prices has been largely driven by geopolitical disruptions in the Middle East, which have reportedly removed close to 3 million tonnes of aluminium production capacity from the market. That accounts for around 4 per cent of global aluminium supply and roughly 11 per cent of production capacity outside...
National Aluminium Company Limited has released its Annual Secretarial Compliance Report for the year ended 31st March, 2026 covering compliance of corporate governance and regulatory requirements. The report stated that it conducted a detailed review of internal records, statutory filings and governance practices as part of its annual compliance assessment process. A key issue highlighted during the review was the company’s inability to consistently maintain the required composition of non-executive and independent directors on its board during certain periods of FY2026. According to the report, NALCO did not fully meet the requirement for maintaining a board with at least 50 per cent non-executive directors, while the required number of independent directors was also not available...
The London Metal Exchange aluminium market recorded lower prices across key contracts on May 20 compared with May 19, while warehouse stock levels also declined. LME aluminium cash bid price stood at USD 3,643 per tonne on May 20, down by 0.57 per cent from USD 3,664 per tonne recorded on May 19. Cash offer price also fell 0.57 per cent to USD 3,644 per tonne from USD 3,665 per tonne. The LME aluminium three-month bid price declined to USD 3,589 per tonne on May 20 from USD 3,611 per tonne on May 19, marking a decrease of 0.61 per cent. The three-month offer price also slipped 0.61 per cent to USD 3,590 per tonne from USD 3,612 per tonne. For the December 2027 contract, the bid price edged down to USD 3,192 per tonne on May 20 compared with USD 3,193 per tonne on May 19, a marginal...
The European Union has reached a provisional agreement to implement a trade pact with the United States, a move aimed at avoiding tariff increases from the US and easing uncertainty around transatlantic trade, including aluminium and steel. The agreement includes safeguards that would allow the European Commission to suspend tariffs if US imports harm European industry. It also allows Brussels to suspend tariff preferences if Washington continues applying duties above 15 per cent on EU steel and aluminium derivatives beyond the end of 2026. Steel and aluminium derivatives remained among the most contentious issues during negotiations, with some US duties still reaching 50 per cent despite the 15 per cent ceiling agreed under the Turnberry trade deal signed last year. To know the long-term...
Arab Aluminum Company reported net profit after tax of EGP 2.243 million (USD 45,300) in the first quarter of 2026, compared with a net loss of EGP 6.003 million (USD 121,200) during the same period last year. The company’s sales increased 8 per cent year-on-year to EGP 137.906 million (USD 2.79 million) in Q1 2026, up from EGP 127.162 million (USD 2.57 million) a year earlier. Arab Aluminum operates across several aluminium processing segments, including billet casting, extrusion, alloy production, anodizing and aluminium painting. Explore: The most comprehensive and forward-looking industry-focused report - Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Its product portfolio mainly serves the construction and building industries and includes...
Aluar Aluminio Argentino S.A.I.C. has drawn investor attention following its recent financial disclosure, which highlighted pressures in the Argentine aluminium sector, including weak domestic economic conditions, currency volatility and fluctuating global metal prices. The company’s performance is strongly linked to aluminium prices on the London Metal Exchange , particularly the benchmark three-month contract, which continues to influence realised selling prices and export revenues. At the same time, depreciation of the Argentine peso and elevated local interest rates are affecting financing expenses and day-to-day operating costs. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price...
The global aluminium market is undergoing a sharp reset as the ongoing Middle East conflict and the resulting energy disruptions tighten supply, lift production costs and push prices to multi-year highs. The Iranian missile attacks on the Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba) facilities have crippled up to an estimated 3 to 3.2 million tonnes of combined annual capacity. Combined with the 40 per cent production shutdown (estimated 259,200 tonnes) at the integrated aluminium complex Qatalum , 3 to 4 per cent of the global supply has been cut short. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report Consequently, aluminium prices climbed to a...
The May 19 session closed with L ondon Metal Exchange (LME) aluminium prices reporting surges on wide margins. Overcoming the modest gains in the previous close, the cash and contracts gained considerable momentum. The sharp rise was largely driven by tightening global supply signals, falling exchange inventories and renewed buying momentum across near- and long-term contracts. The cash price and near-term contracts recorded improved figures, while the bearish momentum of the longer-dated contracts and the declining stocks indicated a worldwide supply crisis. Explore our upcoming report - A Comprehensive Analysis of Bauxite Residue (Red Mud): Sustainability, Resource Recovery and Strategic Recommendations The LME aluminium cash bid as well as offer prices recorded an improvement of 0.8...
Aluminium prices closed higher, rising 0.62 per cent to INR 381.2 (USD 3.94), as supply concerns linked to the Middle East conflict continued to support the market. The ongoing tensions between the United States and Iran, along with restrictions on shipping movement through the Persian Gulf, have increased worries over global aluminium supply disruptions. Before the conflict, Gulf countries accounted for nearly 9 per cent of global aluminium supply and around 25 per cent of aluminium production outside China. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Supply concerns intensified after attacks on refining facilities in the region. Operations at Aluminium Bahrain were...
Tsingshan Group has reportedly asked several nickel pig iron (NPI) producers operating at Indonesia’s Weda Bay industrial park to curb production in June as the company prioritises electricity supply for aluminium operations. According to sources familiar with the matter, the request was made last week to producers of NPI, a key material used in stainless steel manufacturing. The move reflects growing pressure on power availability at the Weda Bay complex, where Tsingshan has expanded into aluminium production through a joint venture with Xinfa. Industry sources said Tsingshan has increasingly shifted focus toward aluminium after prices for the metal rose sharply following disruption linked to the Iran conflict and shipping uncertainty around the Strait of Hormuz. Explore our e-magazine...
The global aluminium market is witnessing a great ordeal as it shifts into a new era, where disruption is becoming a constant rather than just an occasional bump. AZ Global’s report “Gulf Disruptions Roadmap: Decoding Aluminium Market Volatility, Supply Risks & Trade Flow Shifts” provides core insights on the current constraints reshaping the global aluminium supply, demand, trade flows, production inputs and procurement behaviours as it becomes more intertwined. Given the current trend in the market, it indicates that the people who are involved in navigating the industry are finding that traditional indicators are losing their reliability. Why so? This is because high prices do not point clearly to a shortage, and weaker demand is not reducing the market pressure. Also read: Aluminium...
The London Metal Exchange (LME) aluminium price, after declining at the previous close, again rose on May 18; however, the rise was not significant. Moreover, the 3-month Asian Reference Price also rose, but the longer-dated contracts continued the declining trend. A slight decline in the LME alumina platts price has also been witnessed on May 18. The LME cash bid rose from USD 3,634 per tonne to USD 3,635 per tonne, owing to an increase of USD 1 per tonne or 0.03 per cent. Similarly, the LME cash offer finally stood at USD 3,637 per tonne, inching up by USD 2 per tonne or 0.05 per cent from the previous close, which was recorded at USD 3,635 per tonne. Check out the forecast of the global bauxite and alumina market till 2036, book the report “ Global Bauxite & Alumina Market Forecast to...
The public hearing session conducted by Hindalco Industries Limited for the expansion of the aluminium smelter and captive power plant owned by its subsidiary, Aditya Aluminium, in Lapanga, Sambalpur district, Odisha, received unanimous approval from the Panchayat Raj and resident villagers. It was held under the guidelines of the Environmental Impact Assessment (EIA) Notification, 2006, and aimed at securing an environmental clearance. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report The proposed expansion aims to increase production capacity in the smelter and power units. Aluminium output is expected to rise from 6.8 lakh tonnes per annum (LTPA) to 9.0 LTPA, while...
The US-based Century Aluminum (CENX) is back in focus, as its first quarter (Q1) of 2026 financial results depicted a mixed picture . While revenue surpassed market expectations, adjusted earnings per share (EPS) did not meet consensus estimates. Nonetheless, management’s strong Q2 EBITDA guidance and operational progress at the Mount Holly expansion and Norðurál smelter have helped maintain investor confidence amid continued volatility in the metals sector. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report Century’s share price has softened in the near term, declining 7.52 per cent in a day and 8.71 per cent over the past month. However, the broader trend remains firmly...
On May 15, the week closed with an easing trend in the London Metal Exchange (LME) aluminium price after it rose above its 4-year high. A significant drop has been seen across all the contracts, along with the LME inventory, but cancelled warrants continued to rise. Both the LME cash bid and cash offer declined by USD 133 per tonne or 3.5 per cent, where the bid moved from USD 3,767 per tonne to USD 3,634 per tonne and the offer from USD 3,768 per tonne to USD 3,635 per tonne. Check out the forecast of the global bauxite and alumina market till 2036, book the report “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” A similar declining trend is seen in the LME forward-dated contracts, where the 3-month bid rose by USD 87.5 per tonne or 2.4 per...
