NewsDownstream

Top Stories


Grow with
AL Circle

KNOW MORE
Manaksia Aluminium AGM: ₹2.5 billion RPT cap approved with Metal Star
Downstream23 SEPT 2026

Manaksia Aluminium AGM: ₹2.5 billion RPT cap approved with Metal Star

Manaksia Aluminium Company Limited has secured shareholder approval for related party transactions (RPTs) of up to INR 250 crore or INR 2.5 billion (USD 26.12 million) with its wholly owned subsidiary, Metal Star Ceiling Panel Trading FZE, at its 16th Annual General Meeting (AGM). Manaksia Aluminium also received approval for RPTs worth up to INR 1 billion (USD 10.45 million) with Athena Deox and Alloys Private Limited. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report “ The World of Aluminium Extrusions to 2035 ” The AGM was held on September 22, 2026, through two-way Video Conferencing and Other Audio Visual Means. The meeting began at 1:30 PM and concluded at 2:33 PM. The resolutions approved at the meeting covered financial...

Lanka Aluminium Industries expands retail network with 10th outlet in Kalutara
Downstream22 SEPT 2026

Lanka Aluminium Industries expands retail network with 10th outlet in Kalutara

Lanka Aluminium Industries PLC has expanded its retail footprint in Sri Lanka with the opening of its 10th fully owned outlet at Central Junction in Nagoda, Kalutara. The new outlet brings the company's aluminium extrusion products and related services closer to customers in and around Kalutara. The opening was attended by Lanka Aluminium Industries staff, contractors, engineers, doctors, fabricators, and other invitees from the area. The company said its growing network is designed to improve customer access not only to aluminium products but also to technical support and related services. Dinal Peiris, Chairman of Lanka Aluminium Industries PLC, said the company plans to continue expanding its retail presence across Sri Lanka. To know the global production, demand and consumption...

German aluminium foil exports fall 2.8% in H1 2026 despite higher volume supplied to France: How will H2 unfold?
Downstream22 SEPT 2026

German aluminium foil exports fall 2.8% in H1 2026 despite higher volume supplied to France: How will H2 unfold?

Germany’s aluminium foil export market is showing a shift after two years of steady recovery. The upward trend that had returned after the 2023 downturn failed to hold, with shipments slipping again even as some markets continued to show resilience in H1 2026. The change becomes clearer when the recent history is put together. Germany exported 151,000 tonnes in H1 2022, but the volume dropped to 138,000 tonnes in H1 2023, down 8.6 per cent. Exports then began to recover, reaching 141,000 tonnes in H1 2024, up 2.2 per cent, and 144,000 tonnes in H1 2025, an increase of 2.1 per cent, according to ITC data. In H1 2026, however, exports fell back to 140,000 tonnes, down 2.8 per cent year on year. The decline is relatively modest, but it marks a break in the recovery - raising the question of...

India’s 8.25% aluminium duty paradox puts downstream manufacturing under pressure
Downstream22 SEPT 2026

India’s 8.25% aluminium duty paradox puts downstream manufacturing under pressure

India is producing more aluminium, but a growing policy debate is asking a different question of how much value is the country actually retaining from every tonne it produces? India is the world’s second-largest aluminium producer, with primary aluminium output reaching around 4.2 million tonnes. Yet, according to the Ministry of Mines’ Aluminium Vision Document, 76 per cent of India’s aluminium exports by volume are primary aluminium, while downstream products account for only 24 per cent. That imbalance has brought India’s aluminium import duty, particularly the effective 8.25 per cent duty on primary aluminium, back into focus. The 8.25% question Primary aluminium currently attracts a 7.5 per cent Basic Customs Duty (BCD), along with a 0.75 per cent Social Welfare Surcharge, taking the...

Vedanta Aluminium gears up for India’s rising specialised power-grid metal demand
Downstream21 SEPT 2026

Vedanta Aluminium gears up for India’s rising specialised power-grid metal demand

Vedanta Aluminium is equipping its specialised aluminium portfolio to meet rising demand from India’s power transmission sector as the country expands its grid to accommodate growing renewable energy capacity . Vedanta expects the transmission buildout to require application-specific aluminium grades with varying combinations of strength, conductivity and corrosion resistance, depending on terrain and operating conditions. According to ICRA’s June 2026 assessment cited by Vedanta Aluminium, India could see INR 5–6 trillion (USD 52–63 billion) in transmission investments between FY2027 and FY2032 . This is part of the National Electricity Plan (2023–2032), which foresees over INR 9.15 trillion (USD 96.53 billion) in transmission expenditure . The planned investment could take India’s...

BIS Chennai puts aluminium alloy conductor standard under industry review
Downstream21 SEPT 2026

BIS Chennai puts aluminium alloy conductor standard under industry review

The Bureau of Indian Standards (BIS) Chennai Branch Office held a ‘Manak Manthan’ on September 18, 2026, to discuss Draft IS 398 (Part 4):2026, which sets specifications for aluminium-magnesium-silicon alloy stranded conductors used in overhead transmission applications. The session brought together stakeholders involved in the manufacture, testing and use of aluminium alloy stranded conductors. The discussion focused on the proposed fourth revision of the standard and gave manufacturers and users an opportunity to provide technical feedback to BIS. S.D. Dayanand, Scientist-F and Senior Director & Head of BIS Chennai Branch Office, said stakeholder participation is important to the standardisation process. He invited comments on the draft, noting that feedback would help ensure the...

E-magazines

VIEW ALL