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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Odisha Chief Minister lays ground for Vedanta’s mega aluminium park in the presence of Anil Agarwal
On Thursday, December 1, Odisha Chief Minister Naveen Patnaik reportedly laid the ground for Vedanta’s mega aluminium park at the Make in Odisha, 2022 Conclave by pressing the button in the presence of the company’s chairman Anil Agarwal. The Vedanta Aluminium Park, once developed, will be one of...
Indian Railway’s Vande Bharat tender for 200 aluminum train rakes attracts five renowned firms
The Indian Ministry of Railways had placed down a requirement for 200 rakes of the Vande Bharat in a bid amounting to INR 26,000 crores. Five eminent companies have shown immense interest in the project: BML, RVNL, BHEL, ALSTOM INDIA and MEDHA. These Vande Bharat train rakes are going to be all...
“We have also been able to produce aluminium foils up to 5.35 microns in the shortest amount of time which is the thinnest foil produced in this segment till now in India. This will become a new trend-setting fact in the aluminium foil packing arena.” Anil Vitankar Business Head at LSKB Aluminium Foils Pvt Ltd
AlCircle: Founded in 2018, than Covid pandemic impacted global business. What is your secret to remaining confident of becoming the leading aluminium foil/foil-based comprehensive packaging solutions provider? LSKB: Aluminium foil being admitted as the gold standard for packaging, especially in the...
Vedanta lifts its aluminium wire rod price by INR2000/t on Nov. 30 following back-to-back cuts
Vedanta Limited has increased its aluminium products and aluminium ingot prices following back-to-back cuts on November 24, 25 and 29. On Wednesday, November 30, Vedanta has hiked its aluminium wire rod price by INR 2,000 per tonne to sell the product at INR 228,750-236,250 per tonne. Aluminium...
Switch fulfils JSW Group’s order for all-electric aluminium buses to transport employees
Switch Mobility Ltd., the exemplary innovator of lightweight aluminium buses that run on electricity, has successfully collaborated with the JSW Group to deliver 71 of its flagship models for employee transportation across the Indian sub-terrain. These SWITCH EiV 12 buses have been specially...
Balco observes ‘World Quality Month’ across its operations through several awareness activities
The iconic aluminium producer in India and a subsidiary of Vedanta Aluminium observed 'World Quality Month' across its operations with various awareness-raising activities for its employees, business partners, and community members. The activities focused on raising their awareness of the...
Vedanta further cuts its aluminium products prices by INR1750/t with effect from November 25
Vedanta Limited further curtailed its aluminium products and aluminium ingot prices for the second day in a row, with effect from Friday, November 25. Vedanta cut its aluminium wire rod price by INR 1,750 per tonne to sell the product at INR 229,250-236,750 per tonne versus INR 231,000-238,500 per...
Hindalco’s aluminium wire rod and billet prices experience a cut of INR2,000/t on November 25
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...
Fenesta constructs 7th aluminium factory in Hyderabad to increase production capacity
Fenesta, an enterprise under DCM Shriram Group, also one of India’s largest windows and doors suppliers, has announced opening a new aluminium factory in Hyderabad. This can be hailed as the seventh manufacturing unit in India and by far the second in Hyderabad. Fenesta has allocated a wide range...
Vedanta Ltd draws INR 2750/t from its aluminium ingot price, totalling INR223500-254500/t on Nov. 24
Vedanta Limited has reduced its aluminium ingot and aluminium products prices by INR 2,750 per tonne on Thursday, November 24, just after the day it hiked its products prices by INR 4,500 per tonne. The latest cut has brought the company’s aluminium ingot price to INR 223,500-254,500 per tonne as...
Vedanta lifts its aluminium ingot price by INR4500/t on Nov. 23 after a cut on the previous day
Vedanta Limited has hiked its aluminium ingot and aluminium products prices, with effect from Wednesday, November 23, following a cut on the previous day. On Tuesday, November 22, Vedanta reduced its aluminium ingot price by INR 2,000 per tonne to INR 221,750-252,750 per tonne, following which, the...
Hindalco’s aluminium products prices witness a cut of INR2000/t with effect from November 22
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...
Vedanta Aluminium demonstrates how to boost extrusion production at its recently held masterclass
Vedanta Aluminium, India’s largest aluminium producer, held a technical masterclass on how to boost extrusion productivity, with about 300 participants from 60 leading companies in the extrusion industry from the US, the UK, India, Portugal, Greece, Australia, Israel and many more. The masterclass...
End-user aluminium recap: Phinergy collaborates with Tata to manufacture first aluminium-air battery powered Tata Tiago EV; Rimowa and Adidas together launches first ever NMD aluminium backpack
The end-user sector has seen reasonable advancements this week, with Wildpack posting record sales of 17.4 million 12-ounce aluminium cans, on October 2022. The Rimowa and Adidas collaboration created Rimowa's first-ever aluminium backpack and the Adidas NMD_S1 sneaker, extremely trendy and modern...
RHI Magnesita to acquire India’s leading high alumina refractory bricks-producing company Dalmia Bharat Refractories
On November 19, 2022, RHI Magnesita, the leading global supplier of refractory products, publicized the acquisition of the Indian refractory business of Dalmia Bharat Refractories Limited (DBRL). DBRL is one of India’s foremost refractory players and a long-term trusted partner to customers in the...
Vedanta’s aluminium ingot price experiences a cut of INR3500/t with effect from November 18
Vedanta Limited reduced its aluminium ingot and aluminium products prices by INR 3,500 per tonne on Friday, November 18. With the latest cut, Vedanta’s aluminium ingot price hovered around 221,250-252,250 per tonne versus INR 224,750- 255,750 per tonne on November 17. Vedanta’s aluminium wire rod...
US aluminium crude metals and alloys imports from India decline 31% MoM in Aug'22 but record more than double YoY
The United States’ aluminium crude metals and alloys imports from India decreased in August 2022, following an intermittent rise in the previous month after the past two successive months of decline. According to the US Census Bureau data, the United States imported 10,200 tonnes of crude metals...
Oman’s Sohar Free Zone welcomes new calcined petroleum coke plant, Sanvira
The Sohar Free Zone in Oman has gladly accepted the opening of the Sanvira carbon plant with a manufacturing capability of 600,000 tonnes of calcined petroleum coke yearly and 24 megawatts of electricity generated by the steam force. The plant has been constructed by an Omani-Indian collaboration,...
