Features

Why Indian Aluminium Firms Are Banking on Clusters

Why Indian Aluminium Firms Are Banking on Clusters

Leading Indian aluminium companies are turning to the cluster model to tap downstream investments and diversify aluminium applications in the country. Both state run entities National Aluminium Company (Nalco) and Vedanta Ltd, the Indian arm of London listed metals conglomerate Vedanta Resources...

Events

Steep Coal Costs Blunt Indian Aluminium Makers’ Edge

Indian aluminium producers’ hope to harvest gains from resilient LME (London Metal Exchange) prices and smelter capacity shutdowns in China have been countered by glaring coal shortages and steeper domestic costs. LME prices of aluminium have been on a roll, reaching multi-year highs of around $2100 per tonne. An industry outlook report by ratings agency […]

Aluminium Combines Now: While ALRO Flourishes, KAP Flounders

While seemingly very different, Romania’s ALRO and Montenegro’s KAP – Kombinat Aluminijuma Podgorica – share one key number: $570 million. For ALRO, that is the amount of investment it has received since its 2002 privatisation. For KAP, that same number represents the money the Montenegrin state lost between 2005-2013, before the smelter went bankrupt in […]

Year in Review: The Journey of Aluminium Prices in 2017

The last twelve months have seen an incredible comeback in the aluminium market. Thanks to sweeping fundamental changes in the way aluminium is produced and consumed, the metal has rocketed from lows of $1,700 to five-year highs, before settling around the $2,000 mark. But what caused such a remarkable turnaround, and will the forces that […]

Why aluminium prices still have potential to grow

Aluminium has been the top-performing base metal this year, prices climbing 25 % so far, largely due to China’s determination to shutter illegal smelters, and cut production of aluminium and alumina by 30% in four provinces around Beijing during the winter, to curb pollution. After reaching the its highest level in five years of US$ […]