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)...
Vedanta
Vedanta Reopens Second Stream at Lanjigarh Refinery
London-based Indian metals miner Vedanta Resources plc announced that it has restarted its second stream operations at the alumina refinery at Lanjigarh. The line was closed previously due to a lack of bauxite ore. The firm is ramping up operations after having...
China’s influence in downstream sector rattles Indian aluminium makers
China’s overproduction of downstream aluminium products is a confirmed threat to many regions, especially India where consumption has been growing....
Vedanta to Refocus Operations in Odisha
After investing US$7.5 billion in establishing an alumina refinery and an aluminium smelter and associated power facilities in the region,...
Events
Ghana’s Aluworks Says US$25 MM Deal with Vedanta Imminent
The Republic of Ghana’s Aluworks is poised to emerge from its financial doldrums, as it says it is on the verge of closing a US$25 million deal with Vedanta Resources. The firm indicates that the move will help them become competitive in the face of a market flooded with cheap Chinese imports. “We are talking […]
Indian Aluminium Firms Renew Call for Tariffs After Action on Imported Steel
India’s aluminium manufacturers continue to lobby their government for protection against low-price imports this week. Representatives from domestic aluminium firms are asking government officials to establish a minimum import price to help stave off what the firms consider dumping from several countries, not the least of which is the People’s Republic of China. “The government […]
Indian Government Abandons Plan to Implement Tariff on Unwrought Aluminium
Due to protectionism criticisms for tariffs levied on imported steel, India has shelved a plan to impose a 5% provisional safeguard duty on unwrought aluminium. Such a tariff would affect imports from countries like United Arab Emirates, Malaysia, Russia, South Africa, Oman, Qatar, Bahrain, and Thailand. The Directorate General of Safeguards recommended the tariff on […]
Nalco Gets Substantial Capital Commitment for Expansion and New Construction of Aluminium Facilities
India’s state-owned aluminium producer National Aluminium Company (Nalco) announced on Monday that it had secured Rs.20,550 crore (US$2,999,344,425.00) for expansion of its aluminium refinery at Damanjodi and construction of a new aluminium park in Angul, both in Nalco’s home state of Odisha on India’s east coast. While addressing investors and government personnel at an investors […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
