Vedanta To Open India’s First Primary Foundry Alloy For Aluminium Alloy Wheels
Indian aluminium smelter Vedanta Ltd. announced last week the launch of its Primary Foundry Alloy (PFA) which it will utilize...
Make in India
Titagarh Firema Becomes First Indian Aluminium-Bodied Train Coach Manufacturer
The first Indian firm has jumped into the aluminium-bodied train coaches with the entrance last week of Kolkata’s Titagarh Firema into the arena. According to local media, Titagarh Firema will supply aluminium-bodied coaches to Pune Metro for use in its rail-based transit...
Nalco Plans Establishment Of Technology Division
India’s state-owned metals firm National Aluminium Company (Nalco) is planning to establish a new technology division in order to better...
State Court Opens Door For Vedanta’s Participation In Nalco’s Alumina Sales
Relief may be on the way for Vedanta’s Jharsuguda unit after the state’s high court ordered National Aluminium Company (Nalco)...
Events
Shifting Aluminium Consumption Habits in India
With the Indian government’s thrust to increase indigenous production and build Smart Cities in full swing, the country is on the cusp of a tectonic shift as aluminium consumption is increasingly shifting towards value added products. If electricals were traditionally the mainstays of the industry, the metal is finding growing acceptability in emerging segments like […]
Value addition can bail out debt laden Indian producers
For primary aluminium producers in India saddled with humongous debt, shifting focus to value added products is the new buzzword, and understandably so. Volatile LME prices have eroded much of the margins of top producers like Aditya Birla Group owned Hindalco and London listed metal conglomerate Vedanta’s aluminium operations in India. Between them, the two […]
India’s Aluminium Consumption to Rise by Over One Third: Report
A report released last week projected India’s aluminium consumption to increase by over one third over the next five years. The report, entitled Indian Aluminium Industry: Geared for growth, predicts India’s aluminium usage to rise from 3.3 million tons in FY 2015-16 to 5.3 metric tons in FY 2020-21, largely thanks to government measures like […]
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 ...
