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...
Last week India’s aluminium industry called upon New Delhi to cut basic customs duties on aluminium fluoride and other raw materials necessary for aluminium production, as such duties make it all but impossible for domestic producers to compete in the global marketplace....
Despite an aluminium demand growth in India of 7 percent in the April through June quarter, a tepid growth in...
In a bid to position themselves to take advantage of the ever-tightening emission regulations and the rise of electric vehicles,...
Even as India’s aluminium imports continue to rise, Vedanta Ltd. plans to increase its exports of the metal. Such was...
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 […]
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 […]
A renewal in calls by some in India’s aluminium sector for an increase in import duties on scrap and primary aluminium, has been seen since the fall of 2018. The country’s Commerce Ministry has taken up the baton and has urged that such a hike be part of the government’s next iteration of the budget. […]
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 […]
Last year was a banner year for Indian imported aluminium to the United States, as numbers released earlier this week by the United States Geological Survey reflect a jump of 158 percent in the January through October period over the prior year. Total aluminium exported to India in October came to 25,800 metric tons, an […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...