India’s Commerce Ministry Lends Support To Increasing Import Duties On Aluminium
An increase in import duties on aluminium entering India gained more momentum this week, as Union Minister Suresh Prabhu revealed...
India aluminium
India’s Aluminium Recyclers Push Back Against Talk Of Imported Scrap Tariff Hike
Though India’s primary aluminium producers continue to call for raising import duties on raw and scrap aluminium, downstream interests steadfastly oppose such a move, and have again gone on record to detail the harm they expect a rise in aluminium import duties...
Indian Supreme Court Ruling On Pet Coke Imports May Cause Difficulties To Domestic Aluminium Sector
Future investment in India’s aluminium sector has been thrown into a state of uncertainty after the Supreme Court threw out...
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...
Events
AAI Again Petitions Indian Federal Government For Respite From Coal Restrictions
As aluminium producers continue to face ever-shrinking supplies of coal for firing captive power plants, the Aluminium Association of India (AAI) again appealed to the Indian government for a reprieve from its policy of prioritizing electrical plants over aluminium operations. As per recent developments, the coal supplies and rakes for CPPs (captive power plants), especially […]
Indian Trade Group Seeks End To 2.5-Percent Duty On Imported Scrap Aluminium
An Indian scrap metals trade group appealed to the government last week to remove the 2.5 percent import duty on aluminium scrap, setting aright the inverted duty structure on aluminium scrap now in place. The Metal Recycling Association of India criticized the tariff, which is in place despite the assessment of no tariffs on finished […]
Nalco Announces Plans For A ₹5.52 Billion Downstream Aluminium Project In Central Odisha
Fresh off the development of a downstream aluminium plant in conjunction with Odisha Industrial Infrastructure Development Corporation (Idco) and the announcement of plans to partner with Rusal and Almex on other downstream projects, India’s National Aluminium Company (Nalco) announced earlier this week plans to invest ₹5.52 billion (US$76 million) in another downstream aluminium project to […]
Indian Aluminium Producers Feeling The Squeeze From Cuts In Coal Supply: AAI
Indian aluminium producers are feeling the squeeze of cuts in coal supply to captive power plants. So says the Aluminium Association of India (AAI), noting the continuing rationing of the fossil fuel in favor of the coal-fired plants operated by India’s power sector. Such rationing and the consequent shortages has forced aluminium producers to scour […]
India Postpones Retaliatory Tariffs Against United States Goods Due To Pending Deal On Aluminium Exports
Acting on news that the Trump administration is considering an exemption for the country’s smelters to the blanket tariffs on aluminium it implemented earlier this year, the Indian government has decided to again push back the start date of retaliatory customs duties on an array of U.S. imports. The Indian government announced its decision yesterday, […]
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 ...
