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In conversation with CANEX Aluminium at Aluminium 2026: Championing women in the industry
CANEX Aluminium, an Egypt-based manufacturer of aluminium extrusions and die-cast components, won the Women With Metal – Champion Company award on 6 October 2026 at ALUMINIUM 2026 in Düsseldorf, Germany. The recognition came during the second edition of Women With Metal – The ALUMINIUM Awards, held at the Conference Theatre in Hall 7a on the opening day of the trade fair at Messe Düsseldorf. The award recognises organisations demonstrating an outstanding commitment to empowering women and fostering a more inclusive and supportive industry. CANEX was shortlisted alongside Speira GmbH, ISOLPACK SPA, and Steel and Alloy Processing / Gonvarri Steel Services. The recognition also highlighted the contribution of CANEX's QHSE Manager, Rasha Othman, who was a finalist in three individual...
LME aluminium price dips to $3,095/t; Asian Ref, alumina prices gain nearly 1%
The London Metal Exchange (LME) aluminium price graph dipped across the pricing and contract segments on the November 2 trading session, reporting declines over the October 30 close . The Asian Reference Price and alumina Platts price, on the other hand, reported nearly 1 per cent gains. The LME aluminium cash bid price dipped by 0.63 per cent from USD 3,113.5 per tonne to USD 3,094 per tonne. The offer price moved from USD 3,114 per tonne to USD 3,095 per tonne, down 0.61 per cent day-on-day. 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 three-month bid advanced from USD 3,078 per tonne from USD 3,059.5 per tonne, decreasing by 0.6 per cent. The offer...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MORE15 EU nations back Warsaw Declaration to strengthen industrial competitiveness, energy security and aluminium scrap supply: European Aluminium welcomes the act
AL Circle Analysis: 243% US scrap rise, 6Mt European recycling & Germany’s power fix drive aluminium trade
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Europe’s recycled aluminium production: Germany, Italy and the UK anchor a competitive market
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NALCO reports Q2 FY27 net sales of INR 53.8b, up 26.2% year-on-year
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,...
CHALCO shares jump over 4% as Q3 profit rises 66% to $1.88b; UBS, Citi retain Buy ratings
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...
No need to import: PrimeAlux aluminum fencing gets a local US distributor
Canadian aluminum fencing supplier PrimeAlux has appointed Shapes Unlimited, Inc. as its authorised US distributor, giving American contractors, fence dealers and builders a local channel to access its aluminum fence panels, gates and privacy screens. Headquartered in Mississauga, Ontario, PrimeAlux said Shapes Unlimited, based in North Jackson, Ohio, will manage pricing, orders and customer support for its products across the US. The arrangement allows buyers to source the company's aluminum fencing systems through a domestic distributor rather than importing them independently. Shapes Unlimited is a privately held fabricator and wholesale distributor of aluminum building products that has served the trade since 1996. Under the agreement, the company will make PrimeAlux's product range...
Tesla’s aluminium playbook: cost efficiency in Model 3, performance in Roadster
Two recent Tesla stories sit at opposite ends of the range. Tesla Model 3 is set to benefit from cost-focused Cybercab inverter technology, announced on November 1 2026. The flying car, Tesla Roadster, uses aluminum in its battery cells and underbody protection, reinforcing power delivery, thermal management and lightweight construction. The two models reveal how aluminum can serve very different engineering priorities, from making electric vehicles (EVs) more affordable to helping them deliver extraordinary performance. Tesla Model 3: the everyday car gets Cybercab hardware Nick Verzini, Tesla’s Head of Drive Unit Engineering, mentioned on a Munro Live factory tour that a new printed circuit board assembly and power stage from the Cybercab’s inverter will enter Model 3 production in...
Odisha ACS flags power and water bottlenecks at Angul Aluminium Park near NALCO
Odisha Additional Chief Secretary for Housing and Urban Development and IDCO Chairperson Usha Padhee visited Angul on Saturday to review infrastructure development at the Aluminium Park near NALCO, alongside housing, sanitation and drainage projects. The visit focused on resolving infrastructure bottlenecks, improving civic services and accelerating implementation through coordination among the concerned agencies. During her visit to the Aluminium Park, Padhee held discussions with senior officials from NALCO and the Industrial Infrastructure Development Corporation of Odisha (IDCO), particularly on essential power and water supply requirements. She called for coordinated efforts and time-bound action to address the identified infrastructure issues. Join the fourth edition of webinar "...
ABB to upgrade 2 Chinalco aluminium mills with automation and digital tech
ABB has secured two orders from China’s Southwest Aluminum to supply integrated automation and digital technologies for two six-high aluminium cold rolling mills, supporting the manufacturer’s wide-strip production expansion and upgrade. The projects involve a 2,500 mm two-stand mill and a 3,000 mm single-stand mill, with both lines expected to be fully commissioned and operational by the end of 2027. Chongqing-based Southwest Aluminum is a subsidiary of the Aluminum Corporation of China (Chinalco). The orders build on the longstanding cooperation between ABB and the aluminium producer, with the latest projects focusing on process stability, control precision and production performance. Explore insights and forecasts for the aluminium flat rolled products (FRP) market from our...
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North and South America’s 5xxx aluminium FRP consumption: Growth drivers and market challenges to 2032
Germany’s automotive industry drives 32.8% of aluminium consumption as EV production rises 23%, led by Volkswagen, BMW & Mercedes-Benz
Vietnam’s proposed aluminium export tax cuts draw VCCI support, with call for wider 0% rates
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Vedanta eyes $50 billion in revenue and $20 billion in profit; focus is on West Bengal for power generation and aluminium
50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an Exclusive Interactive Session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also...
Copper’s $16,000 target contrasts with a cautious aluminium outlook, says Navneet Damani
Copper could climb towards USD 16,000 per tonne over the next six to 12 months, while aluminium may offer a shorter-term trading opportunity following its recent correction, according to Navneet Damani, senior group vice-president and head of research for commodities and currency. Speaking on BusinessLine’s Trending Commodity Picks programme, Damani said copper continued to benefit from supply constraints and demand from emerging industries, while aluminium’s price trajectory had been influenced by fluctuations in energy costs and changing supply conditions. Damani said aluminium had climbed from around USD 3,100 to USD 3,600 per tonne earlier in 2026, supported by increases in electricity, crude oil and coal prices. The metal subsequently corrected towards USD 3,300 per tonne, although...
China’s 15Mt overseas aluminium expansion could push global market into surplus
Chinese aluminium producers are planning a major expansion overseas, with at least 15 million tonnes per annum (MTPA) of new primary smelting capacity announced or planned across Southeast Asia, the Middle East, Central Asia and Africa. The expansion could push the global aluminium market into surplus , although tighter scrutiny from Beijing and concerns over project profitability may limit how much capacity is built. Around 2.85 MTPA of the planned capacity is already under construction or being brought into operation. This represents 3.8 per cent of the current global annual smelting capacity of 73.78 million tonnes. The new projects, combined with recovering aluminium output in the Middle East, are expected to change the global supply balance. Morgan Stanley forecast in July that the...
Vedanta eyes $50 billion in revenue and $20 billion in profit; focus is on West Bengal for power generation and aluminium
50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an Exclusive Interactive Session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also...
Copper’s $16,000 target contrasts with a cautious aluminium outlook, says Navneet Damani
Copper could climb towards USD 16,000 per tonne over the next six to 12 months, while aluminium may offer a shorter-term trading opportunity following its recent correction, according to Navneet Damani, senior group vice-president and head of research for commodities and currency. Speaking on BusinessLine’s Trending Commodity Picks programme, Damani said copper continued to benefit from supply constraints and demand from emerging industries, while aluminium’s price trajectory had been influenced by fluctuations in energy costs and changing supply conditions. Damani said aluminium had climbed from around USD 3,100 to USD 3,600 per tonne earlier in 2026, supported by increases in electricity, crude oil and coal prices. The metal subsequently corrected towards USD 3,300 per tonne, although...
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