Asia

Will Indian auto manufacturers shift gears to aluminium?

Will Indian auto manufacturers shift gears to aluminium?

Aluminium use in automotive bodies is gaining traction in US and EU markets. The outlook for aluminium applications is also robust as auto Original Equipment Manufacturers (OEMs) embrace the metal on a wider scale thanks to its inherent strengths. But are their...

Events

Balco Resumes Production of Rolled Aluminium

India’s Bharat Aluminium Company Limited (Balco) began sheet rolling aluminium again last week. The metal major’s sheet rolling shop (SRS) at Korba closed last August due to aluminium dumping by the People’s Republic of China and the associated drop in aluminium prices, causing the shop to run significant financial losses. According to the company, minor […]

Chinese Fake Semis Fleeing Mexico for Vietnam

According to reports obtained by Aluminium Insider, a significant flow of fake semis has been emanating over the past several weeks from Mexico to Vietnam. The re-melted aluminium billet is likely to reenter the Asian market now that the United States market is closed to Chinese aluminium as a result of anti-dumping measures. Recent reports show […]

Nalco Moves Planned Plant to Angul

India’s National Aluminium Company (Nalco) intends to construct its second aluminium smelter and power station within the confines of its existing plant at Angul and not at Sundergarh as originally planned. The firm says building the plant at the new location will cost US$2.1 billion. Nalco says that of the total cost, the 400 thousand […]

Alba to Seek More than Original Loan Amount of US$750 MM for Line 6

The Kingdom of Bahrain’s Aluminium Bahrain (Alba) is planning to increase the loan amount it seeks from its financial backers for the firm’s Line 6 project. According to its CEO, strong support from banks has prompted it to ask for more than the original US$750 million contemplated at the outset. Upon the completion of the […]