Indian Government Considering Enacting Minimum Import Price on Aluminium
The Indian government is mulling placing a minimum import price upon aluminium in order to slow the surge of cheap...
Hindalco
Hindalco Said to Soon Sell Brazilian Assets
According to sources close to the firm, India’s Hindalco Industries is planning to shed its alumina assets and bauxite mines in Brazil. The sources indicate that commodity prices are prompting the move. The sources, who spoke to Indian media on condition of...
Novelis to Raise up to US$1.1 bln via Bond Issue
Rolled and recycled aluminium firm Novelis Inc. announced a bond issue yesterday intended to raise up to US$1.15 billion for...
Lower Material Costs and Higher Production Boost Hindalco’s Q1 2017 Numbers
Indian aluminium producer Hindalco Industries Ltd. turned in numbers for the first quarter of FY 2017 yesterday. The Aditya Birla...
Events
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 cousins in India geared up to ride the aluminium wave? For now, aluminium […]
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 ...
