The aluminium industry is entering a phase where supply security is being tested across the entire value chain. The latest developments show the pressure beginning with bauxite, moving through logistics and alumina, feeding into aluminium prices and producer earnings, and eventually reshaping...
Hindalco Industries’ Baphlimali bauxite mine in Odisha has become the first bauxite mining operation in India to secure certification under the Aluminium Stewardship Initiative’s (ASI) Performance Standard V3.1 (2023). The certification was awarded to Utkal Alumina International Limited (UAIL), a...
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According to our report, it has been confirmed since December 15 that the road transportation of bauxite and coal from the Indian state-owned Mormugao Port has been halted due to opposition from Vasco City inhabitants to the transit of these commodities due to pollution concerns. The port is now...
Hindalco Industries Limited has cut its aluminium products and aluminium ingot prices for the second time in a row, although at a slower rate than earlier, with effect from Thursday, December 15. The company has trimmed its aluminium wire rod price by INR 1,250 per tonne or 0.5 per cent to sell the...
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from Tuesday, December 13, following a hike a weak ago. According to the latest price chart revealed by the company, aluminium ingot price has experienced a cut of INR 5,500 per tonne or 2.36 per...
Hindalco Industries Limited continued to escalate its aluminium ingot and aluminium products prices for the third day in a row, Friday, December 2. On Thursday, December 1, the company increased its aluminium ingot price by INR 3,500 per tonne to INR 224,000 per tonne, which further got raised by...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices, with effect from November 30, following three back-to-back cuts on November 24, 25, and 29. Among Hindalco’s products prices, aluminium billets price has experienced a lift of INR 2,250 per tonne or 0.98...
After being introduced to the concept of COVID-19, the world has become extremely careful about the harmful effects of human negligence and started to shift toward green technologies that reduce carbon emissions. Only recently, Hindalco has partnered with Manush Labs, an MIT spin-off, to...
Hindalco Industries Limited has slashed its aluminium products and aluminium ingot prices for two successive days – November 24 and 25. As per the data, on November 25, Hindalco trimmed its aluminium wire rod price by INR 2,000 per tonne from INR 233,850 per tonne to INR 231,850 per tonne. As per...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium product prices, from Thursday, November 24, following a hike the previous day. As per the data, Hindalco has curtailed its aluminium ingot price by INR 2,500 per tonne to sell the product at INR 222,750 per tonne from INR...
After revising aluminium prices for three consecutive days from November 17 to 19, Hindalco paused for two days and then cut both its aluminium products and aluminium ingot prices, with effect from November 22. Hindalco curtailed its aluminium wire rod price by INR 2,000 per tonne to sell the...
Hindalco Industries Limited has cut its aluminium products and aluminium ingot prices for the two successive days – November 17 and 18. On Thursday, November 17, Hindalco trimmed its aluminium wire rod price by INR 1,750 per tonne from INR 235,350 per tonne on November 16 to INR 233,600 per tonne...
Hind Aluminium Industries Limited, a manufacturer of aluminium and alloy conductors and aluminium wire rods, announced its second quarter results ended September 30. The company reported its net sales nosedived by 90 per cent year-on-year from INR 8.00 crore to INR 0.80 crore and a...
Hindalco Industries Limited has extended its aluminium ingot and aluminium products price hike, with effect from Wednesday, November 16, although at a lower rate than November 12. Hindalco has expanded its aluminium ingot price by INR 2,000 per tonne from INR 222,250 per tonne on November 12 to INR...
After three successive cuts on November 8, 10 and 11, Hindalco Industries Limited elevated its aluminium products and aluminium ingot prices, with effect from Saturday, November 12. The company lifted its aluminium wire rod price by INR 9,250 per tonne or 4.07 per cent to sell the item at INR...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices by INR 2,000 per tonne, with effect from Tuesday, November 8. This follows a hike of INR 6,250 per tonne in the previous week, November 5. As per the latest price chart revealed by Hindalco, its aluminium...
Hindalco Industries Limited lifted its aluminium products prices on Saturday, November 5, after trimming it on Thursday, November 3, by INR 1,500 per tonne. With effect from November 5, Hindalco’s aluminium wire rod price stands at INR 229,100 per tonne, up by INR 6,250 per tonne or 2.80 per cent...
The end-user sector has been extremely active with various innovations throughout the week. Ball Corporation has published its Q3 2022 net profit of US$392 million because of its diluted earnings per share of US$1.24 and net sales of US$3.95 billion. This is greater in comparison to the US$179...
Hindalco Industries Limited slightly reduced its aluminium ingot and aluminium products prices on November 3, a day after it hiked the prices by INR 5,250 per tonne. On November 3, Hindalco’s aluminium ingot price saw a dip of INR 1,500 per tonne from INR 213,250 per tonne to INR 211,750 per tonne....
Hindalco Industries Limited has lifted its aluminium products and aluminium ingot prices on Wednesday, November 2, after reducing them the previous day by INR 2,500 per tonne. Hindalco’s aluminium wire rod price has been elevated by INR 5,250 per tonne or 2.40 per cent to INR 224,350 per tonne...
