India aluminium

India’s Mines Minister Says Downstream Development Key to Domestic Aluminium Industry’s Success

India’s Mines Minister Says Downstream Development Key to Domestic Aluminium Industry’s Success

India’s minister for power, coal, mines and new and renewable energy Piyush Goyal says his government will continue to encourage value addition and self-sufficiency in the country’s aluminium industry in an effort to combat a flood of low-cost imports from abroad. While...

Events

Indian Government Contemplating Measures to Combat Dumping of Downstream Aluminium

India’s Power, Coal and Mines Minister Piyush Goyal said in an interview yesterday that anti-dumping duties and minimum import prices were being considered to combat increased imports of cheap downstream aluminium products. “Aluminium industry has faced a lot of stress in the last one year. I believe aluminium has huge potential in India. Our neighbouring […]

India’s Downstream Aluminium Association Pushes Back Against Call for Aluminium MIP

India’s Aluminium Secondary Manufacturers Association (ASMA) appealed to the country’s Ministers of Finance and Commerce late last week, publishing an open letter calling on them to “stop Injustice against 3500 Aluminium MSME” that they say would be done by implementing a minimum import price on aluminium. “It has been reported in the media that Ministry […]

Vedanta’s Total Aluminium, Alumina Output Up in Latest Quarter of Fiscal Year

Vedanta Resources plc released production totals for the third quarter of its 2017 fiscal year on Monday, boasting substantial increases in both the quarter and the first nine months of the fiscal year. The firm’s total aluminium production for the third quarter totaled 319 thousand metric tons, which was a 37% increase year-on-year, and an […]

Metal Prices Could Rise by Fifteen Percent: Vedanta’s Agarwal

Chairman of Vedanta Resources plc Anil Agarwal expressed optimism in the future of the aluminium market in an interview published earlier this week. Agarwal indicated that the country’s recent demonetization push, which has seen the government withdraw 86% of the country’s money supply by value, has presented a challenge to the company, but was not […]

Nalco Plans to Increase Capacity in Next Fiscal Year

India’s National Aluminium Company (Nalco) announced late last week that it is planning to boost production in the coming fiscal year. According to statements reported upon by the domestic media, Nalco’s Chairman and Managing Director Tapan Kumar Chand will boost Nalco’s overall production to over 7.3 million metric tons (73 lakh tons). Nalco’s current capacity […]