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 increased its aluminium products prices with effect from Thursday, June 18, after two consecutive declines last week. With the latest hike, the company’s aluminium ingot price is now standing at INR 139,500 per tonne, an increase of INR 2,250 per tonne or 1.63 per...
Hindalco reported consolidated Q4 and FY20 results. The company's Utkal Alumina refinery recorded its highest-ever quarterly production of 441,000 tonnes in Q4FY20. Capacity expansion of Utkal of 500, 000 is on track and is expected to be commissioned in Q4FY21. Hindalco also announced its Muri...
Hindalco Industries Ltd has cut its aluminium products price, marking the second consecutive fall. With effect from June 13, Hindalco aluminium ingots price now stands at INR 137,250 per tonne, a drop of 1.08% or INR 1,500 per tonne from INR 138,750 per tonne on June 12. The company is now selling...
Hindalco Industries Ltd has reduced its aluminium products price after four hikes in a row. With effect from June 12, Hindalco aluminium ingots price now stands at INR 138,750 per tonne, a drop of 1.42% or INR 2,000 per tonne from INR 140,750 per tonne on June 11. The company is now selling its...
Hindalco Industries, a subsidiary of the Aditya Birla Group, closed the financial year 2019-20 (FY20) with 31% downturn in its consolidated net profit at INR 3,767 crore as compared to INR 5,495 crore in the preceding fiscal. The consolidated revenue from operation drops by 9% to INR 1.18 lakh...
Hindalco Industries Ltd’s aluminium products price continued to trend higher. This marked the fourth consecutive hike in the price of the same products. With effect from June 11, Hindalco aluminium ingots price now stands at INR 140,750 per tonne, marking an increase of 2.55% or INR 3,500 per tonne...
Hindalco Industries has raised the prices of its aluminium products for the third time in a row. With effect from June 9, Hindalco aluminium ingots price came in at INR 137,250 per tonne. This records an increase of 1.1% or INR 1,500 per tonne from INR 135,750 per tonne on June 6. The company is...
Hindalco Industries Ltd has continued to increase the price of its aluminium ingots, billets and wire rods by 2%. This marked the second consecutive hike in the price of the same products. With effect from June 6, Hindalco aluminium ingots price now stands at INR 135,750 per tonne, marking an...
Utkal Alumina International Limited and Baphlimali Bauxite Mines have observed 5 th June’20 as “WORLD ENVIRONMENT DAY”, as a part of awareness towards environment protection and sustainable development. This activity has been going on every year from the organisation. Huge plantation drive,...
After two consecutive cuts this month, Hindalco has increased the prices of its aluminium ingots, billets, and wire rods by over 1 per cent, with effect from June 4, 2020. With the latest price hike, Hindalco’s aluminium ingot price has jumped to INR 133,250 per tonne, 1.33 per cent higher from INR...
Hindalco Industries Ltd has continued to cut prices of its aluminium ingots, billets and wire rods by 1%.This marked the second consecutive cut in price of the same products. With effect from June 3, the price for Hindalco aluminium ingots now stands at INR 131,500 per tonne, a decrease of 1.13% or...
Hindalco Industries Ltd has cut prices of its aluminium ingots, billets and wire rods by 2% after hiking them for the third time in a row. With effect from June 1, the price for Hindalco aluminium ingots now stands at INR 133,000 per tonne, a decrease of 2.03% or INR 2,750 per tonne from INR...
Hindalco Industries Ltd has raised prices of its aluminium ingots, billets and wire rods by more than 1%. This marked the third consecutive hike in price of the same products. With effect from May 30, the price for Hindalco aluminium ingots now stands at INR 135,750 per tonne, an increase of 1.5%...
Hindalco Industries Ltd has increased prices of its aluminium ingots, billets and wire rods by 2%. This marked the second consecutive in price of the same products. With effect from May 22, the price for Hindalco aluminium ingots are now hovering at INR 133,750 per tonne, an increase of 1.71% or...
Hindalco Industries Ltd has raised prices of its aluminium ingots, billets and wire rods after cutting the prices of the same products by 4%.With effect from May 20, the price for Hindalco aluminium ingots now stands at INR 131,500 per tonne, an increase of 1.54% or INR 2,000 per tonne from INR...
Aditya Birla Group as the owner of Hindalco and, therefore, Novelis secured its position as the world’s largest producer of value-added aluminium products with the completion of the $ 2.8 billion acquisition of Aleris in 2019, though the approval from the U.S. Justice Department has been pending...
Hindalco Industries Ltd has cut prices of its aluminium ingots, billets and wire rods after raising the prices of the same products by 3%, which came after five consecutive price cuts. With effect from May 16, the price for Hindalco aluminium ingots now stands at INR 129,500 per tonne, a decrease...
The "US Department of Justice" is proposing a federal court to order Aditya Birla Hindalco-owned American company Novelis to divest its entire stakes in aluminium major Aleris due to the competitive concern with such an acquisition. Novelis with its headquartering in Atlanta produces flat-rolled...
