Aluminium Market Outlook
CIE Automotive India advances aluminium casting merger as NCLT waives shareholder meetings
CIE Automotive India Limited has begun dispatching notices to shareholders and unsecured creditors for its proposed merger with wholly owned subsidiary CIE Aluminium Casting India Limited, following an order from the National Company Law Tribunal (NCLT), Mumbai Bench, dated September 24, 2026. The merger would bring the aluminium casting subsidiary into the parent company’s corporate structure, with the board having approved the scheme on April 23, 2026. The company has cited operational efficiencies, economies of scale and synergies between the businesses as key reasons for the proposed amalgamation. Merger proceeds without new share issuance A key feature of the scheme is that CIE Automotive India will not issue new shares as consideration for the merger. As CIE Aluminium Casting India...
Aluminium du Maroc’s revenue retreats, but profit refuses to follow with a 31% Y-o-Y increase in H1 2026
Aluminium du Maroc reported a 31 per cent year-over-year increase in H1 2026 net income to MAD 41.0 million (USD 4.11 million), even as consolidated revenue declined to MAD 603.7 million (USD 60.55 million) from MAD 650.1 million (USD 65.21 million). The Moroccan aluminium producer’s results point to a stronger profitability performance despite weaker top-line activity. Net income rose from MAD 31.3 million (USD 3.14 million) in H1 2025, while operating income also increased by 23 per cent to MAD 77.2 million (USD 7.74 million), according to AlphaMena. Profit growth outpaces revenue The divergence between revenue and profit was the key feature of Aluminium du Maroc’s H1 2026 performance. Revenue declined by around 7 per cent year over year, while net income increased by nearly one-third....
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15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
ICSOBA 2026 - 44th International Conference and Exhibition
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
ICSOBA 2026 - 44th International Conference and Exhibition
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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 MOREAL Circle analysis: Germany’s aluminium trade surplus, Novelis’ US expansion, Asia’s EV demand & India’s underutilised downstream capacity
AL Circle Analysis: From Guinea to Gulf, how bauxite, tariffs and logistics redraw aluminium map
India’s bauxite imports jump 129.5% in H1 2026: Quality gap, refinery expansion outpace 25Mt domestic output
Who’s holding up Germany’s aluminium game? Meet EGA, Hydro and Constellium
Germany’s aluminium FRP consumption reaches 1.68 Mt as 2025 trade surplus tops $3.1 billion
News
Golkonda Aluminium sales jump to $144.48m as Q2 swings to loss
Golkonda Aluminium Extrusions Limited saw its reported sales surge to INR 13.99 billion (USD 144.48 million) in the second quarter ended September 30, 2026, from INR 1.86 million (USD 19,208.92) a year earlier. The sharp rise in sales, however, did not translate into stronger profitability, with the company reporting a net loss of INR 0.321 million (USD 3,315.09) compared with net income of INR 0.471 million (USD 4,864.19) in Q2 2025. The same contrast carried into the first six months of the financial year. Golkonda Aluminium reported sales of INR 13.99 billion (USD 144.50 million) for the six months ended September 30, compared with INR 3.64 million (USD 37,591.66) a year earlier, while net income fell to INR 0.643 million (USD 6,640.50) from INR 2.13 million (USD 21,997.31). Sales...
LME aluminium price pulls back rapidly before the holiday, then recovers from lows: Why did it fall below USD 3,150 per tonne?
Since late September, LME aluminium prices ended their previous trend of fluctuating at highs and underwent a notable pullback around China’s National Day holiday. The LME spot aluminium settlement price fell from USD 3,248.5 per tonne on September 28 to USD 3,204 per tonne on September 30, with the decline accelerating further in October. It dropped USD 84 per tonne in a single day on October 1 to USD 3,120 per tonne, and fell further to USD 3,109.5 per tonne on October 2. As of October 5, the LME spot aluminium settlement price had declined to USD 3,107 per tonne, a cumulative drop of USD 141.5 per tonne from September 28, or about 4.36per cent. Compared with the previous staged high of around USD 3,350 per tonne, the cumulative pullback exceeded USD 240 per tonne, a decline of about...
LME aluminium cash offer price falls around 1% to $3,102/t, while stocks drop to 238,875t
LME aluminium prices weakened across key contracts on October 7 compared with the previous trading day, while exchange stocks also declined. The cash and three-month prices fell by around 1 per cent, with the December 2027 contract recording a similar decline. On October 7, the LME aluminium cash bid price stood at USD 3,102 per tonne, down 1.02 per cent from USD 3,134 per tonne on October 6. The cash offer price declined to USD 3,102.5 per tonne, down 1.02 per cent from USD 3,134.5 per tonne. The LME aluminium three-month bid price fell to USD 3,112 per tonne on October 7 from USD 3,148 per tonne on October 6, marking a 1.14 per cent decline. The three-month offer price decreased to USD 3,114 per tonne from USD 3,148.5 per tonne, down 1.10 per cent. Explore- Most comprehensive and...
Novelis produces first coil at Alabama's $5bn aluminum rolling and recycling plant
Novelis Inc. has produced the first coil on the cold mill at its $5 billion Greenfield aluminum recycling and rolling plant in Bay Minette, Alabama, marking a major commissioning milestone for one of the largest new US aluminum manufacturing investments in decades. The first-coil production moves the facility closer to customer qualification and commercial shipments, which Novelis said remain on track to begin in the second quarter of 2027. All assets required to commence commercial shipments are currently in the commissioning process. Novelis moves toward commercial production The Bay Minette facility is the first fully integrated aluminum recycling and rolling plant built in the United States in more than 40 years. Once fully operational, it will add 600 kilotonnes of annual rolled...
Hormuz crude flows recover, but aluminium, LNG and fertiliser face a slower return to normal
Middle East crude exports ended September at roughly their pre-conflict levels and exceeded them on several days, according to Reuters. However, the recovery is far less complete for other Gulf commodities. Diesel and gasoline shipments were running at 58 per cent of pre-conflict volumes, while LNG, fertiliser, aluminium and helium were recovering more slowly. The uneven rebound highlights why crude flows alone do not provide a complete picture of trade through the Strait of Hormuz. For commodities with lower margins, limited routing options or specialised infrastructure requirements, the cost of moving cargoes and repairing damaged facilities continues to weigh on supply. Crude can absorb the cost of moving through Hormuz Supertanker rates for voyages from the Middle East to China...
Ma’aden aluminium surge puts growth back in focus as stock trades at $17
Ma’aden’s aluminium business delivered strong revenue growth in Q2 2026 as higher realised prices lifted the segment, although weaker phosphate and ammonia guidance creates a mixed operating backdrop. Saudi Arabian Mining Company (Ma’aden) saw aluminium revenue rise 49 per cent year on year to USD 1.01 billion in Q2 2026, with realised aluminium prices increasing 51 per cent to USD 3,915 per tonne. Read more about Maaden aluminium revenue jump in Q2 2026 The stronger aluminium performance provides the clearest quantified growth signal in Ma’aden’s latest operating picture. However, revised production guidance for phosphate and ammonia adds a counterweight as investors assess the company’s broader portfolio. Higher aluminium prices drive revenue growth The aluminium division produced...
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