National Aluminium Company Limited

Indian Aluminium Firms Increase Push for Minimum Import Price

Indian Aluminium Firms Increase Push for Minimum Import Price

India’s aluminium producers have ramped up the call for a minimum import price (MIP) on the metal as the government’s budget for the next fiscal year continues to be hashed out. Indian producers have faced an increasing onslaught of cheap aluminium from...

Events

India’s Nalco Pressured Against Value Addition: Mines Minister

The domestic market has been the biggest obstacle facing state-owned National Aluminium Co. Ltd (Nalco) in its effort to transition into greater value addition for its alumina, India’s Union Minister of Energy, Coal, Mines and New and Renewable Energy Piyush Goyal told an audience on Friday. According to Goyal, the Central PSU exports most of […]

Indian Aluminium Producers Seek Relaxation of Duties on Caustic Soda

Several Indian aluminium manufacturers, including Vedanta Ltd, Hindalco Industries Ltd, and National Aluminium Co. Ltd (Nalco) have petitioned their government to exempt domestic alumina producers from the anti-dumping duties on caustic soda. Known formally as sodium hydroxide (NaOH) and informally in some regions as “lye,” caustic soda is an metallic base and alkali inorganic compound […]

Indian Aluminium Producers Forecast Double-Digit Demand Growth

India’s aluminium industry is on the rebound after a period of lower demand, according to domestic aluminium firms. Double-digit growth is on the horizon, they say, thanks to significant increases in automotive sales and industrial activity. Domestic aluminium producers also point to an increased public investment in infrastructure, reforms in the country’s power sector, and […]

Nalco Senior Execs to Visit Iran Next Month

India’s state-owned firm National Aluminium Co. Ltd (Nalco) is sending a study group comprised of senior executives to Iran next month. The group is tasked with examining the feasibility of building and operating an aluminium smelter and powering it with a gas-fired power plant. An ease in sanctions on Iran and an increased emphasis on […]

Decision by Indian Government on MIP for Aluminium Expected in Fifteen Days

The Indian government has again taken up the subject of a minimum import price (MIP) on aluminium, and, according to an official cited in the domestic press, a final decision is expected within the next fifteen days. India’s Mines Secretary Balvinder Kumar said that his ministry is looking into the proposition of an MIP on […]