India

Indian Government Enacts Retaliatory Duties In Response To Trump Aluminium Tariffs

Indian Government Enacts Retaliatory Duties In Response To Trump Aluminium Tariffs

The Indian government responded to the Trump administration’s blanket tariffs on aluminium and steel by suspending concessions on over two dozen imported items from the United States, notifying the World Trade Organization that the tariffs it enacts, which will be on products...

Events

Vedanta Resources Posted Record Aluminium Production Total Last Quarter

London-based Indian metals and mining firm Vedanta Resources plc released production totals for the second quarter and first half of FY 2018 on Tuesday, posting record production totals across several segments including that of aluminium. The firm produced a company-record total of 401 thousand metric tons in the quarter ending September 30, a 36-percent rise […]

Indian Aluminium Production Increasing to Meet Domestic Demand

A report released late last week forecasts India’s domestic aluminium production to rise 3.5 percent over the next several years, closely following the rise in India’s demand for the metal. India credit rating agency CARE Ratings Limited released its report, entitled “Aluminium Industry: The Silver Knight of the Economy,” on Friday. According to the report, […]

Record Highs Litter Hindalco’s FY2017 Financial and Production Results

Mumbai’s Hindalco Industries Ltd. released results for the fiscal year ending on March 31, boasting record highs in several financial and production categories. The Aditya Birla Group subsidiary turned in a record consolidated EBITDA for the fiscal year of INR13,558 crore, an increase of over one-third year-on-year. EBITDA for the firm’s aluminium operations rose by […]