Emirates Global Aluminium (EGA) has been named a strategic partner of Dubai Future Week 2026, highlighting the aluminium producer's focus on industrial innovation, artificial intelligence and advanced manufacturing as the UAE looks to strengthen its future industrial capabilities. Organised by the Dubai Future Foundation (DFF), Dubai Future Week will take place from November 18 to 21, 2026, at Emirates Towers and the Museum of the Future under the theme 'For the Human of the Future'. The event is expected to attract more than 10,000 participants, including business leaders, policymakers, investors, entrepreneurs, innovators and technology experts from around the world. EGA's participation will bring attention to its ongoing industrial transformation, which includes developing proprietary...
Hindalco Industries reported its highest-ever quarterly net profit of INR 75.33 billion (USD 802 million) in the second quarter of FY2027, up 59 per cent from INR 47.41 billion (USD 505 million) a year earlier, supported by stronger earnings across its aluminium, copper and Novelis businesses. Consolidated revenue from operations rose 39 per cent year on year to INR 917 billion (USD 9.8 billion) in the quarter ended September 30, 2026. EBITDA increased 42 per cent to INR 137.6 billion (USD 1.5 billion), compared with INR 97 billion (USD 1 billion) in Q2 FY2026. The company’s aluminium upstream business rose 55 per cent to INR 70 billion (USD 745 million) in quarterly EBITDA. Earnings from non-LME-linked businesses rose 50 per cent to INR 68.6 billion (USD 731 million). Copper also...
Grow with
AL Circle
KEOPS Technologies, Inc. is currently deploying a new standard aluminium MES solution for the Ma’aden/Alcoa joint venture. Encompassing the electrode, general plant, and casthouse areas, the deployed functionalities will enhance the ability of the site to manage its production. After months spent in developing a standard MES application based on Alcoa smelter and casthouse functionalities, KEOPS Technologies is presently on site, deploying process and production control applications with planning and scheduling functionalities for managing daily operations. The Ma’aden project represents specific challenges given the integration with Rolling Mill and the high quantity of daily metal production. This increases the complexity of the casthouse scheduling system that KEOPS has designed, to...
National Aluminium Co Ltd , India's third-largest producer of aluminium, cut domestic prices of aluminium ingots by 3 percent following a drop in global prices, two company officials said on Friday. NALCO has been cutting prices over the past three months, during which aluminium prices have fallen about 8 percent. The state-run company cut prices by $74.27 to $2351 per tonne for standard aluminium ingots, the officials, who did not wish to be identified, told Reuters. Prices of wire rods and billets have been reduced by $64.95, they said. All price changes are effective Thursday.
Following two days of increases, the Indian aluminum cash price dropped by 2.3 percent on Monday, April 29. On the LME, the primary aluminum cash price rose 0.4 percent to $1,890 per metric ton. After a 0.4 percent increase, the 3-month price of aluminum finished the day on the LME at $1,922 per metric ton. Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap held steady. Chinese aluminum billet held its value on Monday. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row. The cash price of Chinese aluminum steadied following two-days of increases.
Manufacturing activity in Germany and France continued to contract in April. Manufacturing PMI in the euro zone fell to 46.7, pointing to contraction for 21 consecutive months. In order to stimulate economy, the ECB announced it will lower interest rate by 25 basis points to a record low of 0.50%. In response, LME aluminum climbed above USD 1,830/mt during early European session, but failed to touch USD 1,850/mt as longs were cautious. As positive news on interest rate cuts by the ECB was absorbed, the euro fell back, pushing the US dollar index up. As a result, LME aluminum dived to USD 1,809/mt, a new low for the year. Finally, LME aluminum closed 0.19% lower at USD 1,821.5/mt. Aluminum prices are expected to move within narrow ranges prior to the announcement of US non-farm employment....
Alcoa Inc. said it could shut down as much as another 11 per cent of its aluminum smelting capacity, targeting higher-cost facilities amid weak prices. The company, which already has 568,000 tonnes, or 13 per cent, of its annual smelting capacity sitting idle, said it will review 460,000 tonnes of operating capacity for curtailment over the next 15 months. “Because of persistent weakness in global aluminum prices, we need to review every option to maintain Alcoa’s competitiveness,” said Chris Ayers, president of global primary products at Alcoa, in a statement. Stubbornly low aluminum prices, due to a global surplus and concerns about lackluster demand, have weighed on Alcoa’s business of mining bauxite, refining it into alumina and smelting alumina to produce aluminum, prompting...
Alba took part in the third edition of Aluminium Middle East 2013 held in Dubai from April 23 - 25, 2013 The Alba stand at the exhibition venue enabled the company to showcase its portfolio of high-grade aluminium products, network with trade partners and examine opportunities and challenges facing the industry Aluminium Bahrain B.S.C.'s participation in the recently held Aluminium Middle East 2013 in Dubai underscores the company's on-going commitment to support initiatives that strengthen the region's growing status as a global hub for aluminium production. This year the event - widely regarded as one of the Middle East's leading exhibitions for aluminium products, technologies and investment took place at the Dubai International Convention & Exhibition Centre from April 23 - 25, 2013....
Rio Tinto Alcan has suspended anode production at its 424,000-tonne-per-year Alma aluminum smelter in northern Quebec while it investigates the cause of a fatal accident overnight. The anode operations at the site will remain shut until further notice after an employee died following an accident at the plant, the company said on Tuesday. Aluminum production is not affected, a spokeswoman said. The accident happened early on Tuesday morning, and the company would make no other details available while it investigates the cause, she said. The plant, which is located in Saguenay-Lac-Saint-Jean, about 310 miles (500 km) northeast of Montreal, produces 250,000 anodes per year.
ALUMINIUM CHINA 2013, Asia’s leading international Aluminium exhibition is set to launch its ground breaking “Smart Sourcing” initiative in the Shanghai New International Expo Center this summer. With over a thousand international visitors already registered for the show, this year’s event is set to become the most international edition in its history with a total visitor number exceeding the 15,000 mark. To cater this growing interest and enhance the visiting experience of the show, the organizer “Reed Exhibitions” has prepared a fresh set of initiatives to benefit international attendees. The new highlights to the show include a brand new zoning layout to the halls, a new seminar structure and dynamic sourcing activities including factory tours and language assistance. Facing positive...
The participation of Dubai Aluminium in Aluminium Middle East 2013, held in Dubai from 23 to 25 April 2013, achieved the state-owned corporation's objectives. Walid Al Attar (Executive Vice President, Marketing & Sales), explains, "The exhibition not only provided a forum for showcasing DUBAL's strength as the largest primary aluminium producer in the Middle East; and the largest single-site smelter in the world using pre-bake anode technology, but also for promoting the rapidly-growing aluminium industry in the region to exhibitors and visitors from the rest of the world." Attesting to DUBAL's position as the industrial flagship of the UAE, the corporation's stand at Aluminium Middle East 2013 was the first to be visited by His Excellence Saeed Al Tayer (Managing Director & CEO: Dubai...
The final reading of April manufacturing PMI from the US and China fell far short of forecasts. Coupled with disappointing ADP employment in the US, LME aluminum sank to USD 1,817.5/mt overnight. Shorts aggressively entered the market, forcing longs to take profit, with trading volumes in excess of 9,000 lots. Finally, LME aluminum closed 2.35% lower at USD 1,825/mt. Latest LME aluminum inventories decreased 4,800 mt to 5,152,825 mt. Discouraging economic data will cause LME aluminum to test support at USD 1,800/mt on Thursday, with prices between USD 1,800-1,850/mt. SHFE 1307 aluminum contract is expected to open lower at RMB 14,500/mt and move within a RMB 14,450-14,550/mt range. In spot market, large quantities of more aluminum ingot arrived during the three-day holiday, but downstream...
Aluminium futures for April eased by INR 0.15, or 0.15%, to INR 100.55 per kg in 122 lots. At the Multi Commodity Exchange, the May contract fell by a similar margin to trade at INR 102.30 per kg in 71 lots. Subdued demand in the domestic spot markets also weighed on the metal prices. Market analysts said the weakness in aluminium at futures trade was mostly in tune with a downtrend in base metals at the LME after weakness in Japanese and South Korean industrial output added to global demand concerns.
Reed Exhibitions has revealed its recent aluminium products and technology exhibition received a record 3,000 visitors from more than 70 countries. The organiser said Aluminium Middle East - formerly Aluminium Dubai - also attracted a record 162 exhibitors on 23-25 April at Dubai International Convention and Exhibition Centre. "The overwhelming exhibitor and visitor turnout and the large number of deals signed during this edition of Aluminium Middle East reaffirms the stature of the show as the region's premier event for aluminium products, technologies and investments,” said show director Mohammed Bader-Eddin. Reed Exhibition’s expertise and global strength in the aluminium and composites industry is highlighted in its global portfolio of events, including events in Germany, China, and...
Aluminum Bahrain B.S.C. expressed its continuing support for stronger commercial, economic and cultural ties between Bahrain and Europe as it welcomed a seven-member delegation from the European Parliament to the Alba plant on Tuesday, April 29, 2013. The European delegation is on a tour of Bahrain to explore facts on the economic, social and cultural strides the kingdom has made, and also, to strengthen areas of cooperation between Europe, Bahrain and the region. Alba’s Chief Operations Officer, Isa Al Ansari, Acting Chief Finance & Supply Officer, Ali Al Baqali, Senior Manager for Human Resources & Public Relations,Abdurrahman Janahi and other company officials briefed the delegation on the company’s production growth, global presence of its portfolio of high grade aluminum products as...
Aluminium futures for May eased by INR 0.40, or 0.39%, to INR 101.90 per kg in 150 lots. At the Multi Commodity Exchange, the April contract traded lower by INR 0.35, or 0.35%, to INR 100.05 per kg in 415 lots. Prices fell as speculators reduced their positions amod subdued domestic spot markets demand. Weakness in aluminium was mostly in tune with a downtrend in base metals at the London Metal Exchange on demand concern after lower-than-forecast growth in the US and China, the world's biggest consumers of the metal.
Emirates Aluminium has secured financing for the world's biggest aluminium smelter, to be built in the new Khalifa Industrial Zone in Abu Dhabi. Emal, a joint venture between Mubadala, a strategic investment company owned by the Abu Dhabi Government, and Dubai Aluminium, raised US$3.4 billion in loans, according to Bloomberg. Of those loans, $2.93bn are conventional, while $475 million are Islamic products. Construction of the new smelter is under way, and the $4.58bn expansion project will increase output at the Khalifa Industrial Zone Abu Dhabi to 1.3 million tonnes per year by 2015, from 800,000 per year. The aluminium producer expects to raise a further $600m from export credit agencies, according to Bloomberg. The company received bids from a group of 22 foreign and local banks for...
Aluminium prices fell by 0.15 per cent to INR 100.55 per kg in futures trading on Tuesday, largely in tune with a weakening trend in the global markets on demand concern. Further, subdued demand in the domestic spot markets also weighed on the metal prices. At the Multi Commodity Exchange, aluminium for delivery in April eased by INR 0.15, or 0.15 per cent, to INR 100.55 per kg in business turnover of 122 lots. The metal for delivery in May fell by a similar margin to trade at INR102.30 per kg in 71 lots. Market analysts said the weakness in aluminium at futures trade was mostly in tune with a downtrend in base metals at the LME after weakness in Japanese and South Korean industrial output added to global demand concerns.
Sterlite Industries is seen posting a net profit of $261 million for the January-March quarter, up 10.6 per cent from $236 million in the year ago period, according to brokers polled by NDTV. Sales for the period are seen coming in 1.5 per cent higher at $2019 million against $1988 million during the same period last year. According to estimates, the earnings before interest, tax, depreciation and amortisation margins are seen slightly lower at 24.05 per cent compared to 25 per cent in the corresponding period last year. Hindustan Zinc, a sister company which contributes 60 per cent to the earnings before interest and taxes for Sterlite Zinc is expected to be the major driver in the consolidated results. Hindustan Zinc results had come in above estimates. Hindustan Zinc had posted a 53...
Michelle O'Neill, Vice President Government Affairs and Trade Policy for Alcoa, was honored recently with a 2012 Presidential Distinguished Rank Award, the nation's highest civil service award, for outstanding achievement in public service. The award recognizes Ms. O'Neill's extraordinary success as the Deputy Undersecretary for International Trade – the position she held before joining Alcoa – in which she led more than 2,300 Commerce Department employees worldwide. The annual awards are presented by the President to senior federal managers. Of the 6,800 senior executive service employees in the U.S. Federal Government, no more than 1 percent are recommended to the President by a panel of private citizens to receive the award each year. Ms. O'Neill joined Alcoa in August 2012 and serves...
