Harga Paduan Aluminium Turun ke Level Terendah 9 Bulan, Pasar Spot Mengalami Peningkatan Tekanan Penurunan

[SMM Aluminum Flash] According to CAAM data, auto production and sales in October reached 3.063 million and 3.016 million units, up 2.5% and 2% MoM, respectively, but down 8.8% and 9.2% YoY. From January to October, auto production and sales totaled 26.318 million and 26.286 million units, down 5% and 5.1% YoY, respectively. In October, NEV production and sales reached 2.017 million and 1.9403 million units, up 13.8% and 13.1% YoY, respectively. From January to October, NEV production and sales totaled 14.509 million and 14.411 million units, up 11.5% and 11.3% YoY, respectively, with NEV sales accounting for 54.8% of total new vehicle sales. According to CAAM analysis, in October, auto production and sales rose MoM but edged down YoY. Exports maintained strong resilience, with monthly exp

According to a document released by National Aluminium Company Limited (NALCO) on November 4, the company plans to commission an expansion of its aluminium smelter in Angul, Odisha, by the 2030–31 fiscal year. This project will increase the annual smelting capacity by 500,000 tonnes, building upon the current capacity of 460,000 tonnes. The investment approved for the project is approximately 300 billion rupees. NALCO anticipates that this expansion will require an additional 1,100 MW of power. To this end, the company has partnered with NLC India to form a 50:50 joint venture for the construction of a captive thermal power plant. The proposed plan includes four 270 MW units, bringing the plant’s total installed capacity to 1,080 MW. Furthermore, NALCO is considering the integration of 200 MW to 250 MW of renewable energy into the project.

Major Indian aluminum and copper producer Hindalco Industries reported a consolidated net profit of 75.32 billion rupees (approximately $800 million) for the second fiscal quarter ending September 30—a 59% year-on-year increase—driven primarily by rising aluminum and copper prices, as well as higher production volumes. During the same period, the company’s operating revenue grew by 39% to 917.08 billion rupees, reflecting how stronger metal prices and an expanded scale of operations have bolstered its financial performance. Over the reporting period, aluminum prices rose by approximately 23% year-on-year, supported largely by supply constraints in China and robust demand from the clean energy and infrastructure sectors.