Today, SHFE aluminium fluctuated in the morning session, with its centre moving higher. From the perspective of the spot market performance, destocking exceeded expectations, providing support for local spot premiums. Amid high aluminium prices, downstream purchase willingness declined, while transa ...
Since the end of 2024, market analysts in India consistently signalled strong growth prospects in the electric vehicle (EV) sector, urging the manufacturing industry to gear up for a major transformation. A central narrative in this shift was the soaring demand for aluminium, a vital material used e ...
Nikon Advanced Manufacturing has teamed up with the National Center for Defense Manufacturing and Machining (NCDMM), the organisation behind America Makes. Their mission? To push the boundaries of Additive Manufacturing using Constellium’s Aheadd CP1 aluminium alloy. The initiative focuses on enhanc ...
Aluminium dross a once-ignored by-product of the aluminium industry, is now stepping into the spotlight. Formed as a thin, skin-like layer on molten aluminium during melting and processing, dross is the result of natural surface oxidation. For years, it was treated as industrial waste, routinely dum ...
In a week of proud announcements, Emirates Global Aluminium (EGA) has unveiled two noteworthy investment decisions with an intent of sweeping diversification and localisation strategy, while simultaneously contending with mounting geopolitical pressure in its upstream supply chain.
On May 16, EGA ...
Vedanta Chairperson Anil Agarwal has reportedly called for imposing a 12 per cent safeguard duty on aluminium imports into India, similar to the one recently applied to steel. According to Agarwal, such a measure is essential to protect the domestic aluminium industry from a surge in cheap imports.
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In a strategic move to strengthen its footprint in the automotive aluminium sector, ALMAC announced on Wednesday, May 21 that it has invested an additional $7.5 million (approximately 10.4 billion won) in AR Aluminum through a shareholder rights offering. This marks the second round of equity invest ...
Manaksia Aluminium Co., an India-based mining and metal company engaged in manufacturing secondary aluminium products like aluminium rolled, sheets and coils, has announced its financials for the March 2025 quarter, highlighting increased sales and net profit.
Image source: equitybulls.com
Q4 f ...
India’s renewable energy landscape is poised for a significant turnaround with three major solar project announcements from Adani Green Energy, Jindal India Thermal Power and Alpex Solar. These developments come at a critical juncture, as the country witnessed a notable 25 per cent drop in new solar ...
