India To Begin Limiting Aluminium And Copper Imports From China And Other Asian Neighbors
Indian government and aluminium industry sources told Reuters earlier this week that the country is soon to begin monitoring aluminium...
India aluminium
NALCO To Invest ₹30,000 Crore On Expansions At Angul Aluminium Smelter
India’s National Aluminium Company (NALCO) is planning to invest over ₹30,000 crore (US$17.7 billion) through 2028 on expanding and diversifying the organization. India’s Union minister for coal and mines Pralhad Joshi made the announcement last week at an anniversary event for the...
Alumina Production Costs Fall While Refining Rates Rise In Vedanta’s Third Quarter
According to numbers for the just-ended quarter, metals miner Vedanta refined more alumina at a lower cost than previous quarters...
India’s Aluminium Industry Calls Upon Government To Cut Duties On Raw Materials
Last week India’s aluminium industry called upon New Delhi to cut basic customs duties on aluminium fluoride and other raw...
Events
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 sales by Indian firms were off by 10.8 percent in the quarter, losing […]
India’s Automotive Component Manufacturers Going All-In On Aluminium Forging
In a bid to position themselves to take advantage of the ever-tightening emission regulations and the rise of electric vehicles, several of India’s top automotive component manufacturing firms are investing in in-house aluminium forging. Several industry leaders and experts went on record in a report published by domestic media late last week regarding their increasing […]
Vedanta To Export Over Half Its Output As India’s Aluminium Imports Continue To Rise
Even as India’s aluminium imports continue to rise, Vedanta Ltd. plans to increase its exports of the metal. Such was the message from a company officer who spoke with domestic media earlier this week. In the current fiscal year the firm plans to send over half its primary aluminium production overseas. As India’s premier aluminium […]
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 to a weak market for the metal at the London Metal Exchange (LME) in recent months. Such was the conclusion drawn by India’s ratings firm CARE Rating Limited and spelled out in a report released […]
India’s Aluminium Trade Groups Again Call Upon Government To Implement Safeguards
With the finer details of next fiscal year’s budget being ironed out, India’s aluminium sector again took up its call to increase import duties on primary, scrap, and downstream aluminium, and rationalization of aluminium production input costs. The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Aluminium Association of India (AAI) have […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
