Indian Firm Titagarh Firema To Build 102 Aluminium-Bodied Rail Coaches For Pune Metro
Indian multinational firm Titagarh Wagons Ltd’s wholly-owned Italian subsidiary Titagarh Firema S P A will be building over one hundred...
republic of india
India’s Automotive Component Manufacturers Going All-In On Aluminium Forging
In a bid to position themselves to take advantage of the ever-tightening emission regulations and the rise of electric vehicles, several of India’s top automotive component manufacturing firms are investing in in-house aluminium forging. Several industry leaders and experts went on record...
Vedanta To Export Over Half Its Output As India’s Aluminium Imports Continue To Rise
Even as India’s aluminium imports continue to rise, Vedanta Ltd. plans to increase its exports of the metal. Such was...
Vedanta Pushes Alumina Production Cost To Record Low In Previous Quarter
Indian metals miner Vedanta Ltd produced alumina at the lowest cost in two years during the prior quarter, with the...
Events
Federal Auditors Take Nalco To Task For Weak Performance And Lost Financial Opportunities
India’s state-owned aluminium producer National Aluminium Company Ltd was taken to task last week by the national auditor for failing to perform to expectations and acting slowly in developing coal mines given to it by the government. The Comptroller and Auditor General said in a report submitted to Parliament last week that the firm lost […]
India Mulling Antidumping Duties On Aluminium-Coated Products From China, Vietnam, South Korea
The Indian government is weighing the imposition of a provisional antidumping duty on imported aluminium- and zinc-coated flat products of up to US$199 per metric ton on imports from Vietnam, the People’s Republic of China, and the Republic of Korea. Such was the message conveyed in a circular distributed by the Commerce Ministry earlier this […]
Despite Lobbying, India Government Passes On Rise In Aluminium Scrap Duties
Although the Indian Primary Aluminum Association has intensely lobbied the Indian government for a raise on scrap metal imports, New Delhi’s budget for the upcoming year has no provisions for an increase on aluminium-rich zorba scrap metal import duties. Indian aluminium firms stepped up calls for a rise in aluminium scrap import duties after the […]
Indian Government Funds Technology Transfer For Transition To Aluminuim Rail Coaches
India’s government has taken steps to obtain technology for producing all-aluminium railway coaches, phasing out heavier and less efficient conventional rolling stock. Commenting to India’s Lok Sabha last week, Railways Minister Piyush Goyal said that, from the current fiscal year forward, Indian Railways would produce exclusively Linke Hofmann Busch (LHB) aluminium-body coaches. “Action has also […]
New Andhra Pradesh Government Rescinds Mining Authorization For Vishakhapatnam
The incoming government for Andhra Pradesh announced earlier this week its decision to rescind the order promulgated by a previous government allowing for bauxite mining along the coast at Vishakhapatnam. On Tuesday, the state’s new Chief minister YS Jagan Mohan Reddy requested the cancellation of the bauxite mining order by the state’s mining department largely […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
