Aluminium Stewardship Initiative takes up climate change action in line with COP 21

The Aluminium Stewardship Initiative (ASI) was launched in 2012 to foster greater sustainability and transparency throughout the aluminium industry. Supported by key industry players, ASI...

World Aluminium Industry in 2015: A Recap

An eventful 2015 comes to an end. There were challenges galore and opportunities umpteen for the Global Aluminium Industry to grow and innovate! The...

The U.S. aluminium story: There’s more to it than the China syndrome

A lot has been said and written about the once mighty U.S. aluminium industry and how it has been hit badly by the recent...

Future of Vedanta in the face of high debt, low metal price and raw material crisis

Vedanta ltd is trying hard to tackle multiple operational setbacks caused majorly by low metal price, rising debts and raw material scarcity. Vedanta has cut costs by as much as 25% throughout this market turmoil. Mr. Agarwal confirmed that the company will “tighten” capital spending and “do whatever is necessary” by way of innovation to survive this condition profitably. Vedanta is aiming at improving their core skill and technical expertise. However, unless the raw material security is assured in a market situation where metal price is at rock bottom, input costs are high and cheap imports are flooding the market, indigenous aluminium industry cannot grow in India.

Not all sheen is robbed off: Aluminium demand fundamentals stay strong!

Global aluminium industry is visibly distressed. Aluminium prices on London Metal Exchange are yet to find a solid support - the fluctuating downward dip...