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Oswego restart, Bay Minette aluminium project fuel Novelis’ 71% Q1 FY27 profit

Hindalco subsidiary Novelis has expanded its aluminium rolling and recycling footprint through the continued commissioning of its Bay Minette greenfield site in Alabama and the restart of its Oswego hot mill in New York. The twin milestones propelled the company’s performance in the first quarter of fiscal year 2027 (Q1 FY2027), backed by higher aluminium prices, operational efficiencies and steady demand for sustainable aluminium solutions. Steve Fisher, President and CEO of Novelis, said, " ...

End User

Aluminium price surge dents Coca-Cola’s India market share despite Diet Coke boom

Beverage giant Coca-Cola Company has acknowledged losing market share in India during the April-June quarter (Q2). Rising aluminium and PET packaging costs, coupled with supply constraints, disrupted its pricing strategy in one of its most important end-use markets. Although Coca-Cola reported stronger-than-expected global quarterly earnings and raised its full-year outlook, India emerged as one of the weaker performers in the Asia-Pacific region. Learn about the future of aluminium in the ...

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Shyam Metalics’ aluminium foil sales rise 21% Y-o-Y in June as realisations jump 39%

Shyam Metalics and Energy Limited recorded a sharp year-on-year increase in aluminium foil sales and realisations in June 2026, while its quarterly foil volumes remained broadly stable compared with the preceding quarter. The company sold 2,151 tonnes of aluminium foil during June 2026, up 20.68 per cent from 1,783 tonnes in the corresponding month of the previous year. The average realisation from the segment climbed 39.32 per cent year-on-year to INR 503,400 (USD 5,304.51) per tonne from IN ...

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