【SMM Aluminum Flash News】NALCO pays record ₹11b dividend to government as Angul Aluminium Park draws investor interest

[ADC12 Price Daily Review: Spot Prices Stable on Cost Support, Market Cautious Ahead of National Day] The most-traded AD2611 cast aluminum alloy contract opened at 23,635 yuan/mt today, briefly dipped to a low of 23,540 yuan/mt in early trading before quickly recovering, and closed at 23,590 yuan/mt at midday, down 25 yuan/mt or 0.11% from yesterday's settlement price.

On September 9, the project to establish the China headquarters of the Italian Voilàp Group in the Suzhou High-tech Zone (SHZ) was officially signed. Attendees included Victor Vicari, Southeast Asia Sales Director of Voilàp Group and Chairman/General Manager of Emmegi Aluminum Profile Equipment (Suzhou) Co., Ltd.; Wang Shuai, Managing Director of ESR Group China; Wu Qi, Secretary of the SHZ Party Working Committee; and SHZ official Shan Hongwei. Headquartered in Italy, Voilàp Group is a global leader in the design and manufacture of equipment for smart and sustainable building materials. Emmegi Aluminum Profile Equipment (Suzhou) Co., Ltd., a wholly-owned subsidiary established in the SHZ by Voilàp Group’s Italian entity Emmegi, specializes in the R&D, design, and manufacturing of high-end aluminum profile equipment. Having operated in the SHZ for years, the company has seen steady improvements in operational quality and efficiency, maintained a positive growth trajectory, and continuously enhanced its market competitiveness and regional influence. Under this new agreement, Emmegi Suzhou will be upgraded to serve as Voilàp Group’s China headquarters. Leveraging this new platform, the company plans to comprehensively optimize its strategic layout and establish an R&D center. It will introduce the Group’s premium global brands and advanced production lines, while continuing to increase investment, expand production capacity, and launch new products, thereby further strengthening the Group’s comprehensive operational capabilities in China and its reach across the Asia-Pacific region.

The conclusion of negotiations on the EU–India Free Trade Agreement creates a new context for Indian manufacturers considering the European market, but future opportunities will increasingly depend on regulatory preparedness as well as commercial competitiveness. Negotiations on the Free Trade Agreement were concluded in January 2026. Earlier this month, the European Commission submitted proposals to the EU Council for its signature and conclusion. The Agreement is not yet in force and remains subject to the required European and Indian procedures. For the Indian aluminium industry, the development comes at a time when access to Europe is increasingly shaped by environmental, product and supply-chain regulation. One of the most immediate examples is the European Union’s Carbon Border Adjustment Mechanism (CBAM), which entered its definitive regime on 1 January 2026 and covers aluminium among its principal sectors. In August, the European Commission issued updated guidance specifically addressing aluminium producers outside the EU.