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...
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...
An increase in import duties on aluminium entering India gained more momentum this week, as Union Minister Suresh Prabhu revealed...
Future investment in India’s aluminium sector has been thrown into a state of uncertainty after the Supreme Court threw out...
Scrap aluminium imported into India spiked by 21.44 percent since the start of the fiscal year, with buyers shipping in...
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 […]
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 […]
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 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 […]
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, […]
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