India’s electronics aluminium demand to grow 10.18% CAGR: Why aren’t makers benefiting from strong domestic production?
India’s aluminium smelters operate with some of the highest margins in the value chain, at around 10 per cent, but this profitability is not reflected among downstream manufacturers, where margins are closer to 5 per cent. These companies convert the metal into finished products such as heat sinks,...
India's ₹9,150b power grid push could drive new aluminium demand
India's planned transmission investment and renewable-energy expansion could lift aluminium consumption in electrical applications to 4 million tonnes by FY30. India's push to expand its electricity transmission network is emerging as a major potential growth driver for aluminium, with the...
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Sagar Asia’s upcoming aluminium park in Telangana to house 100 MSMEs producing downstream goods
Sagar Asia Private Limited, the Hyderabad-based family-owned aluminium engineering firm, has gained a strong reputation in India in the past few years as a household brand product. The company now offers four business lines, all related to climbing and access. Sagar Asia has worked tirelessly to...
India’s domestic aluminium scrap price remains stable owing to moderate demand
On Thursday, May 4, domestic aluminium scrap prices in India remained range-bound d-o-d. Aluminium tense scrap prices stood at INR 163,000 per tonne - INR 164,000 per tonne, whereas, for utensils, the price closed at INR 172,000 per tonne. However, owing to moderate demand, the price of aluminium...
Balco IPO likely to be discussed between the Govt. of India and Vedanta
According to persons familiar with the issue, the government of India will likely begin informal negotiations with Vedanta about Balco's future stock market listing before making a solid recommendation to the aluminium company's board. The government of India still holds a 49 per cent stake in...
From trade to aluminium ladders, the rise of Bathla
A family enterprise from Bangalore, Baltha has earned immense recognition in the past few years as a household products brand in India. Still, it is quite fascinating to know that they first began their journey as aluminium traders. Under the strong leadership of the Balraj Baltha, the company...
BALCO initiates AI-based monitoring for enhanced workplace safety
Bharat Aluminium Company Limited (BALCO), one of India’s most significant aluminium producers and a division of Vedanta Aluminium, has circulated a state-of-the-art technology known as T-Pulse Health, Safety, Security and Environment (HSSE) Monitoring System, which uses Artificial Intelligence (AI)...
Slow trading pushes down aluminium alloy ingot (ADC12) price by INR 1000/t in India
Domestic pricing of aluminium alloy ingot ADC12 in India fell by INR 1,000 per tonne W-o-W to INR 200,000 per tonne. Although the present demand and supply situation seems modest, selling pressure in the local markets influences prices. Factors like higher import costs and limited transactions are...
Indian aluminium producers reduced their products' prices last week in line with the downward LME price
The three major Indian aluminium producers – Hindalco, Vedanta, and NALCO cut their aluminium prices last week in line with the LME aluminium price fall by US$46.50 per tonne over the week from US$2,388.50 per tonne on April 21 to US$2,342 per tonne on April 28. Hindalco reportedly curtailed INR...
Imported aluminium scrap prices in India uptrend following growth in LME and MCX
Following growth in major commodity markets like the London Metal Exchange (LME) and the Multi Commodities Exchange (MCX), the price of imported aluminium scrap in India witnessed significant progress this week. Despite higher prices, buyers are sourcing imported material from overseas markets like...
Taparia Tools unveils aluminium oxide cut-off wheels for fast cutting
Taparia Tools has launched aluminium oxide Cut-off Wheels for fast-cutting applications. These wheels sound impressive, as they're made by bonding together Aluminium Oxide. It's great that they can be used in various metal & stainless-steel cutting applications. It makes us wonder if they'll be a...
US aluminium scrap exports remain consistent in Feb’23 at 159,000 tonnes: USGS
In February 2023, the United States exported 159,000 tonnes of aluminium scrap, almost consistent compared to 160,000 tonnes in January, found the US Census Bureau data. On a year-on-year calculation, the export volume jumped 358 per cent from 34,700 tonnes. In the first two months of 2023, the...
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ASI certifies Vedanta's SEZ aluminium smelting facility against Performance Standard V2 (2017)
On Wednesday, April 26, Aluminium Stewardship Initiative announced that it successfully certified Vedanta’s aluminium smelter and captive power plant located in the Special Economic Zone (SEZ), Jharsuguda, against Performance Standard V2 (2017) certification. The certification acknowledges...
Vedanta Aluminium starts new material recovery facility in Jharsuguda, a step towards Zero Waste & Circular Economy
Vedanta Aluminium has achieved a new sustainability milestone by deploying a new material recovery facility at its operations in Jharsuguda district, Odisha. This marks a significant step towards the company’s ‘Zero Waste’ goal, resulting in energy savings and carbon emissions mitigation. Vedanta...
NALCO heightens its aluminium ingot price this week by INR10100/t; Hindalco and Vedanta’s prices also follow the uptrend
This week, during April 17-21, all three Indian aluminium giants – NALCO, Hindalco, and Vedanta have elevated their aluminium ingot and aluminium products prices. Starting with NALCO, the company hiked its aluminium prices by INR 10,100 per tonne since April 7. In two-week time, its aluminium ingot...
Trade activity boosts India's ADC12 aluminium alloy ingot (secondary) prices
On April 19, 2023, aluminium alloy ingot ADC12 domestic prices increased by INR 2,000 per tonne to INR 199,000 per tonne. The increased tendency was attributed to the moderate OEM (original equipment manufacturer) transactions. The medium-scale alloy ingot producers (secondary aluminium) saw...
Vedanta Aluminium installs IIoT devices at its Thermal Power Plant for carbon control
Vedanta Aluminium has reportedly deployed Industrial Internet of Things (IIoT) devices in fabric filters at its 2400 MW Thermal Power Plant to check carbon emissions. Fabric filters are special bag filters placed after electrostatic precipitators in chimneys. They collect particulate matter from...
Skoda Kushaq Lava Blue edition features aluminium pedals & a 25.4 cm infotainment system
Skoda Auto India offered the Slavia Anniversary Edition and Kushaq Lava Blue Edition to the Indian market. The inside of the Slavia has also been modified, including "Anniversary Edition" scuff plates and plaques on the steering wheel. A 25.4 cm infotainment system with WiFi SmartLink and Skoda...
Recycled aluminium weekly recap: EcoCentral’s Yellow wheelie bin includes recyclable materials like aluminium cans; India's imported aluminium scrap prices decline marginally on limited trade
The Ministry for the Environment's Covid-19 Response and Recovery Fund refurbished EcoCentral's Materials Recovery Facility on Parkhouse Road in Sockburn, a service that manages garbage in Christchurch. From Monday, April 17 through Saturday, April 22, A&W Iron and Metal will celebrate Earth Week...
“Epsilon has a customer base spanning 22 countries and is dedicated to providing innovative and high-quality carbon products”, Saiprasad Jadhav, Group CEO, Epsilon Carbon
Saiprasad Jadhav looks after the overall business operations of the Group. He has around three decades of experience, more than a decade in an entrepreneurial career. During his tenure of entrepreneurship, he had run two manufacturing facilities for Fluorine-based speciality chemicals & active...
