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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Hindalco Industries Limited has sharply increased its aluminium products prices with effect from Friday, October 15. The company’s aluminium wire rod price has seen a surge of INR 5,750 per tonne to come in at INR 285,600 per tonne. On October 14, the price stood at INR 279,850 per tonne, up by INR...
The week witnessed some major events in the global aluminium industry’s downstream segment. German aluminium precision expertise alimex GmBH joins ASI as Production & Transformation member. UK Trade Remedies Authority to investigate aluminium road wheels imports from China to decide anti-dumping...
Hindalco Industries Limited continued to expand its aluminium ingot and aluminium products prices for the third time in a row, with effect from Friday, October 8. Hindalco is presently selling its aluminium ingot at INR 253,750 per tonne, which is an increase of INR 3,000 per tonne or 1.20 per cent...
On Thursday, October 7, a public hearing was held at Dharada village located under Koraput’s Lakshmipur tehsil. The public hearing was organised by the Odisha State Pollution Control Board (OPSCB) for the establishment of Hindalco’s 3 million tonne capacity alumina refinery and 150 MW capacity...
Hindalco Industries Limited further increased its aluminium ingot and aluminium products prices on the immediate next day, on October 6, 2021. That brought the company’s aluminium ingot price to INR 250,750 per tonne, up by INR 3,250 per tonne or 1.31 per cent from INR 247,500 per tonne on October...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices with effect from Tuesday, October 5, following a cut of over 1.5 per cent on Friday, October 1. Over the weekend, Hindalco’s aluminium ingot price has gained INR 3,000 per tonne to come in at INR 247,500 per...
Hindalco Industries Limited decreased its aluminium products prices with effect from Friday, October 1, a day after it increased the prices on September 30. The latest cut has brought the company’s aluminium billets price to INR 251,600 per tonne, down by INR 4,500 per tonne or 1.76 per cent from...
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. The global law firm Curtis, which represents a number of international clients brought victory to Govt. of Oman and Oman Aluminium Rolling Company in the US trade case. Curtis...
After two consecutive declines on September 25 and 28, Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices with effect from Thursday, September 30. Hindalco’s aluminium wire rod price has come in at INR 260,100 per tonne, up by INR 3,500 per tonne from INR...
Hindalco Industries Limited has further lowered its aluminium products and aluminium ingot prices on Tuesday, September 28, in line with back-to-back LME aluminium price fall. With effect from September 28, Hindalco has reduced its aluminium wire rod price by INR 1,500 per tonne to INR 256,600 per...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices for the second day in a row by INR 3,750 per tonne on Friday, September 24. The latest hike has brought the company’s aluminium ingot price at INR 249,500 per tonne, up by INR 3,750 per tonne or 1.53 per...
Soon after a day of decline, Hindalco’s aluminium ingot and aluminium products prices have seen a rise with effect from Wednesday, September 22. Hindalco Industries Limited has increased its aluminium ingot price by INR 1,250 per tonne or 0.52 per cent to INR 243,250 per tonne on September 22. On...
India’s multinational conglomerate and the premier infrastructure developer, Larsen & Toubro (L&T) announced that its metallurgical and material handling business has commissioned the 0.5 million tonnes per annum (MTPA) expansion project of Hindalco’s Utkal alumina refinery located at Kucheipadar...
The Indian aluminium producers have urged Coal India Ltd for immediate resumption of coal supplies to the metal industry as they are countering an extreme dearth of thermal coal that has initiated to impede their operations for the production of aluminium. On 21st September 2021, the Aluminium...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices with effect from Tuesday, September 21, after several hikes since September 8. The company has cut its aluminium ingot price by INR 5,000 per tonne to INR 242,000 per tonne on September 21. On September 18,...
On Saturday, September 18, Hindalco Industries Limited continued to increase its aluminium products prices, bringing its aluminium wire rod price to INR 258,100 per tonne. That was an increase of INR 3,250 per tonne or 1.28 per cent from INR 254,850 per tonne on September 16. Hindalco’s aluminium...
The aluminium downstream sector remained insightful during the week. However, the political instability in the world’s second-largest producer of bauxite, Guinea has installed another gear to the hike in the price of aluminium and it reached to 13years high of $3000 per tonne. Bulgaria’s Alcomet,...
On 16th September 2021, the Chief Minister of Odisha Naveen Patnaik virtually inaugurated Utkal Alumina refinery’s expansion of production capacity from 1.5 MTPA to 2 MTPA at Doraguda, Kashipur in Rayagada district. Aditya Birla Group, the parent company of Utkal Alumina has injected around INR...
