India’s Output Growth To Slow Thanks To Soft LME Prices And Maxed-Out Capacity
India’s aluminium production in the coming fiscal year is expected to taper off compared to previous years thanks in part...
aluminium industry in india
Indian Aluminium Producers Struggle Through Fall in Domestic Demand And Rise In Imports
Despite an aluminium demand growth in India of 7 percent in the April through June quarter, a tepid growth in consumption by major industries facing liquidity challenges held aluminium producers back in the quarter. According to reports in domestic financial media, aluminium...
China Planned Aluminium Scrap Ban Concerns India’s Aluminium Smelters
Restrictions soon to fall into place on scrap aluminium imported into the People’s Republic of China has aluminium producers in...
India’s Government Again Postpones Retaliatory Tariffs As Talks On Section 232 Continue
India’s government has again delayed enacting retaliatory tariffs against United States goods, pushing back the first possible date for the...
Events
India’s Primary Aluminium Imports Rose 24 Percent In April – October, With More On The Way
Trade tensions between the United States and the People’s Republic of China helped boost primary aluminium imports to India by 24 percent and scrap aluminium by 22 percent on the year in the April to October period of 2018, and experts believe the rise is but the tip of the iceberg of aluminium imports to […]
Flood Of Chinese Aluminium Takes Toll On Indian Primary Aluminium Production In Third Quarter
Indian aluminium firms saw sales to domestic companies fall off in the previous quarter despite production growth and strong demand, as experts say a rising tide of aluminium from the People’s Republic of China is to blame for stunting sales growth. Per numbers from the July through September quarter, Hindalco Industries, Vedanta Ltd, and National […]
Indian Government Mulling Increase In Aluminium Import Duty
Responding to months of pressure from its domestic aluminium sector, the Indian government is contemplating an increase to import duties for aluminium shipped in from overseas. According to unnamed sources who spoke with domestic media, major industry players have been lobbying for the change, noting a spike in shipments of primary and scrap aluminium. Per […]
Amid Spike In Imported Aluminium Scrap, India’s Aluminium Sector Continues Plea For Relief
Scrap aluminium imported into India spiked by 21.44 percent since the start of the fiscal year, with buyers shipping in 657 thousand metric tons since April 1. According to the Aluminium Association of India (AAI), the government must soon enact artificial barriers to such imports, which rose from last year’s first-half imported aluminium total of […]
India’s Aluminium Consumption To Double To 7.2 Million Metric Tons Per Annum By 2023: Nalco’s Chand
India must rise to meet increasing aluminium demand by promoting micro, small, and medium enterprises (MSME), as domestic demand for the metal is poised to double to 7.2 million metric tons per annum within the next five years. Such was the commentary offered by National Aluminium Company (NALCO) chairman and managing director Dr. Tapan Kumar […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
