Indian aluminium

Hindalco To Increase Exports Of Aluminium To Offset Drop In Domestic Demand

Hindalco To Increase Exports Of Aluminium To Offset Drop In Domestic Demand

Indian aluminium smelter Hindalco said last week it plans to increase overseas sales of its output in the coming year to almost two-thirds, raising it from last year’s half-and-half split between domestic and foreign sales. According to statements made by managing director...

Events

Balco Resumes Production of Rolled Aluminium

India’s Bharat Aluminium Company Limited (Balco) began sheet rolling aluminium again last week. The metal major’s sheet rolling shop (SRS) at Korba closed last August due to aluminium dumping by the People’s Republic of China and the associated drop in aluminium prices, causing the shop to run significant financial losses. According to the company, minor […]

Indian Government Proposes Aluminium Duty Hike

India’s Ministry of Mines has proposed an increase in the country’s aluminium duty from 5% to 7.5%, as well as a correction of the industry’s inverted duty structure. The changes are aimed at benefitting Indian aluminium producers like Hindalco, Vedanta Aluminium and Nalco. The industry advocates an increase in the import duty on aluminium scrap […]