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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AAI draws PM’s attention to a recurring coal supply shortage for the energy-intensive aluminium sector
The Aluminium Association of India (AAI) has once again attempted to bring the Prime Minister’s attention to the shortage of coal, seeking his immediate intervention for the resumption of sufficient coal supplies to the domestic non-power sector. In a letter to the PMO office, the association has...
Vedanta Aluminium becomes pro at water efficiency, reports 19% less ‘Specific Water Consumption’ at its Jharsuguda smelters
Vedanta Aluminium has set another national benchmark, and this time it is all about water efficiency. On Tuesday, September 6, the company declared its Aluminium Smelter-I at Jharsuguda (Odisha) substantially reduced Specific Water Consumption (water consumed per unit of metal produced) by around...
Vedanta increases its aluminium wire rod price by INR1250/t on Sept. 3 amid continued LME price fall
Vedanta Limited has slightly stretched its aluminium products and aluminium ingot prices, with effect from September 3, following a slash on the day before. As per the revised price list revealed by Vedanta, the company’s aluminium wire rod price has come in at INR 220,750-228,250 per tonne, up by...
India's leading alumina producer wins the 22nd Greentech Environment Awards-2022 in the category 'Environmental Protection’
On 2nd September 2022, Vedanta Limited-Lanjigarh stated that the country's foremost metallurgical grade alumina producer bagged multiple awards for its environmental, healthcare, and education initiatives. The alumina refinery bagged the first prize for ‘Environmental Protection’ at the 22nd...
Vedanta further reduces its aluminium ingot price by INR6250/t with effect from September 2
Vedanta Limited further reduced its aluminium ingot and aluminium products prices on September 2, in line with the continued downfall of the global aluminium price on LME. As per the revised price list shared by the company, Vedanta cut its aluminium ingot price by INR 6,250 per tonne to INR...
Devil Truss develops India’s biggest aluminium truss for use in events or concerts
India's leading aluminium truss manufacturer, Rohtak-based Company Devil Truss, has introduced the country's strongest and biggest aluminium truss, namely, Giant Truss. The company has earned a reputation for providing aluminium truss solutions for band or music concerts in India for the last eight...
Kerala gains new Linke Hofmann Busch aluminium coaches running on Indian Railway line
Linke Hofmann Busch (LHB) coaches were first developed for Indian Railways by the German company, Linke-Hofmann-Busch, presently known as Alstom Transport Deutschland. These coaches have been used in the country since 2000 on the 5 ft 6 in (1,676 mm) broad gauge Indian Railways network. Now, it has...
Vedanta back-to-back cuts its aluminium wire rod price by INR3250/t
Vedanta Limited has continued to cut its aluminium products and aluminium ingot prices, with effect from Thursday, September 1, for the second day in a row. The company has cut its aluminium wire rod price by INR 3,250 per tonne to sell the product at INR 225,750-233,250 per tonne. On September 31,...
Top Newsmaker for August 2022: Adani Group to invest $5 billion in Odisha to set up an alumina refinery; Hydro to shut down primary aluminium production in Slovakia
The global aluminium industry has witnessed some exciting events throughout August 2022. The H1 2022 reports are gradually getting published, and most companies have reported profits showcasing better margins, despite the news of significant production cuts from Europe due to the energy crisis. The...
Hindalco’s aluminium ingot price suffers a significant loss of INR8000/t on August 31
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from Wednesday, August 31, in line with a startling fall of the LME aluminium benchmark price. As per the price update, Hindalco’s aluminium ingot has witnessed a sharp price cut of INR 8,000 per...
Government of Odisha approves INR 285 cr special investments for the aluminium sector
On August 29, an INR 2005.89 crore investment accord was inked by the Government of Odisha to set up ten industrial projects employing more than 3,545 people in the Indian state. The principal approvals were made for the metal industry following its downstream activities, along with citing...
Streetfighter V2, India’s most affordable Ducati model flaunts full aluminium chassis
After the release of the Streetfighter V4 and Streetfighter V4 S, Ducati has unveiled its latest creation, the Ducati Streetfighter V2, powered by a 955 cc twin-cylinder engine. This new edition offers a monocoque aluminium chassis connected with 43 mm fully adjustable forks in the front and a...
Vedanta expands its aluminium wire rod price for the second day in a row by 2% on August 27
Vedanta Limited continued to expand its aluminium products and aluminium ingot prices on Saturday, August 27. The company hiked its aluminium wire rod price by INR 4,750 per tonne or 2 per cent to INR 237,250- 244,750 per tonne. On August 26, the price stood at INR 232,500- 240,000 per tonne,...
Downstream weekly recap: Nissan stops making engine cylinder heads in Sunderland facility; Forging industry in Tamil Nadu is facing challenges due to rising material costs
Downstream products merge to form various end-user utility items or structures, maintaining a steady rush in the sector. Nissan announced the closure of its Wearside cylinder head-making plant, which will disrupt employee statuses around the company, directly affecting 250 jobs. From 2024, the...
Bauxite blocks auction to be more competitive following Adani Group's entry into the aluminium sector
As Adani Group charts an entry into the alumina refining sector and existing players seek to expand capacity, the following auction for bauxite blocks in Odisha may see strong interest. Hemant Sharma, the Principal Secretary of the Odisha Industries Department, said three bauxite blocks had been...
Foldable e-bike from Svitch boasts forged aluminium alloy 6061 chassis
Svitch, one of India's largest manufacturers of e-bikes, is known for its sleek and smart look, making the bike stand out among the crowd. The Svitch XE+ is the latest addition to their collection. The XE+ model features a forged aluminium alloy 6061 chassis, making it lightweight and robust...
Fenesta inaugurates its 6th production unit in India due to the rising demand for aluminium doors and windows
Fenesta, a company under DCM Shriram Group’s network, also India’s biggest windows and doors maker, has declared, in a segment today, the optimisation of its latest factory in Bhubaneswar, Odisha. This will account for the company’s sixth manufacturing unit in India, while the other five are...
Researchers propel the transformation of Odisha’s Angul district into green economy
Researchers from iForest, Delhi are instigating policymakers to make a shift to a green energy-based economy in Odisha’s Angul region, one of India’s largest coal generating zones. This step is to ensure a circular economy for energy, steel, urea and aluminium production units so that the coal...
