On January 5, Wednesday, the United States' (US) Trump administration and its neighbouring Mexico government unveiled a 60-day roadmap to draw up well-coordinated trade policies in order to safeguard critical minerals supply chains from being endangered. The plan is to consist of minimum prices fo ...
Spanish-founded multinational company Exlabesa is about to invest EUR 40 million (USD 47.17 billion) in its Coimbra plant in Portugal, to turn the site into a focal point for the aluminium industry.
The aluminium industry in Portugal is going through a phase of modernisation, shaped by growing de ...
Supply guarantee policy reshapes coal market
In May 2021, the Chinese government rolled out the coal supply guarantee policy to address an abrupt coal shortage that had quickly pushed up the fuel prices and caused power cuts in a few areas of the country. The subsequent droughts which dampened hy ...
Suppliers delayed revised price announcements. The market adopted a cautious wait-and-see approach. India's imported aluminium scrap prices fell w-o-w aligning with the correction seen on LME. Meanwhile, domestic scrap prices held largely steady amid tight domestic supply.
To know more about th ...
The order book of Bharat Heavy Electricals Limited (BHEL), the state-owned engineering giant, received a boost by landing a significant contract for power equipment at an aluminium manufacturing facility in Odisha. For this order book, the company received a boiler turbine generator package, which ...
The United States and India are about to shake hands on new duty protocols under which tariffs on most Indian-made products are expected to be reduced to 18 per cent. However, aluminium and steel are expected to face the previously announced higher tariffs until further discussions.
To know more ...
Rio Tinto is turning the spotlight on locally produced aluminium with the launch of a new campaign in Québec, signalling a renewed push to connect its operations more closely with communities and consumers. Titled “Forged Here,” the campaign reflects the next phase of the company’s partnership wit ...
The Sekong Province in Laos is to witness the development of a large-scale aluminium smelting project. The Ministry of Industry and Commerce has notified that once operational, expected in 2028, it is set to deliver up to 1 million tonnes of aluminium production on an annual basis.
Explore- Mos ...
The world’s largest bilateral trade and investment partnership between the European Union (EU) and the United States (US) is about to include materials vital for most modern technologies.
Among several geopolitical tensions, shrinking working age population (decline of 49 million by 2050) and fi ...
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