Competitors
25 Apr
#1
Gränges posts record Q1 2026 results on European automotive surge
Gränges AB reported its strongest-ever first quarter with total sales volume of 159,800 tonnes (+5.4% YoY), net sales of SEK 8,237 million (+13.9% YoY), and adjusted operating profit of SEK 459 million (+12.4% YoY); European automotive volumes rose 21%, driven by growth in EV-related business.
Novelis angle
The 21% surge in Gränges's European automotive volumes, specifically tied to EV demand, signals strong near-term appetite for premium automotive FRP — the same segment where Novelis operates its Sierre and Koblenz facilities.
READ FULL STORY ↗
Competitors
27 Apr
#2
Constellium gears up to report Q1 2026 earnings on April 29
Analysts estimate Constellium's Q1 2026 revenue at $2.45 billion (+23.8% YoY) and adjusted EPS at $0.62 (+138.5% YoY) ahead of results due April 29; the Zacks consensus estimate rose 8.8% in the past 30 days, with the company expecting recent demand trends to continue into at least early 2026.
Novelis angle
The sharp upward revision in Constellium earnings estimates — driven by elevated aluminium premiums and automotive demand recovery — mirrors the same macro tailwinds Novelis will report when Hindalco publishes Q4 FY2026 results on May 22.
READ FULL STORY ↗
Sustainability & Recycling
27 Apr
#3
ReMA tentatively approves new 'ginger' aluminium scrap grade amid growing recycled demand
The Recycled Materials Association board gave tentative approval to a new 'ginger' scrap grade for wrought aluminium sheet, extrusion, and plate recovered from mixed shredded categories; the specification limits free magnesium to 1%, free zinc to 1%, and analytical iron to 0.5%; a 30-day public comment period opened April 13, with industry projections showing scrap demand could outpace supply by 1–3 million tonnes.
Novelis angle
Standardising a high-quality shredded wrought aluminium grade would widen the verified feedstock base for FRP recycling, directly supporting Novelis's 75% recycled content target under the 3x30 roadmap.
READ FULL STORY ↗
Industry News
28 Apr
#4
Global aluminium output falls 1.6% quarter-on-quarter in Q1 2026, GCC leads decline
IAI data shows global primary aluminium production fell from 18.6 million tonnes in Q4 2025 to 18.3 million tonnes in Q1 2026 (-1.6% QoQ), led by declines in the GCC, Africa, South America, and Oceania; GCC output dropped approximately 6% in March as conflict-related disruptions at Gulf facilities took hold, while China edged down 0.9% to approximately 11.0 million tonnes.
READ FULL STORY ↗