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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Talgo partners with Bharat Forge to make lightweight aluminium high-speed trains
Talgo has partnered with Bharat Forge's subsidiary BF Infrastructure to build high-speed trains in India. With over 75 years of experience in train design, manufacturing, and maintenance, Talgo is a wholly owned subsidiary of Spain-based world-leading high-speed train manufacturer i.e. Patentes...
Vedanta uplifts aluminium ingot price to INR226,000-257,500/t in line with LME aluminium price hike
Vedanta Limited has lifted its aluminium ingot and aluminium products prices, with effect from Friday, July 29, following a cut on the previous day, July 28. On Friday, Vedanta’s aluminium ingot price has come in at INR 226,000-257,500 per tonne, up by INR 5,250 per tonne or 2.38 per cent from the...
India Government to bring changes in pricing structure to calculate average bauxite selling price
The government of India is planning to change the pricing structure to determine the Average Selling Price (ASP) of metallurgical-grade bauxite, in a bid to attract private players. In the present scenario, states are unable to auction the existing bauxite mines as companies find the selling price...
Vedanta’s aluminium billet price sheds INR2750/t to stand at INR233000/t on July 26
Vedanta Limited has reduced its aluminium products and aluminium ingot prices by INR 2,750 per tonne, with effect from Tuesday, July 26, following an increase by the same amount on July 23. Vedanta’s aluminium billet price has come in at INR 233,000 per tonne, as against INR 235,750 per tonne on...
Italian government may invest in Titagarh Wagons' subsidiary Firema
The government of Italy is seeking to acquire a stake in an Indian company, Titagarh Wagons' wholly-owned arm Firema. Titagarh is in the business of manufacturing coaches for the Indian railway. According to our report, the Italian government investment promotion agency Invitalia might acquire a...
Hindalco’s aluminium ingot price recovers INR2750/t on July 23 to stand at INR228750/t
On Saturday, July 23, Hindalco’s aluminium products prices, as well as aluminium ingot price saw a rise of INR 2,750 per tonne or 1.12 per cent, following a cut of the same amount on the previous day. Thus, Hindalco’s aluminium ingot price rebounded to INR 228,750 per tonne, with effect from July...
Vedanta’s aluminium wire rod & billet prices build-up by INR2750/t on July 23
Vedanta Limited’s aluminium products and aluminium ingot prices rebounded on Saturday, July 23, following a cut on the previous day. With effect from Saturday, Vedanta’s aluminium wire rod price has increased by INR 2,750 per tonne to come in at INR 234,250-241,750 per tonne. On July 22, the price...
End-user weekly recap: Novelis expands its evercycle™ portfolio to cosmetic packaging; Israel-India aluminium-air battery JV plans trial run on a 50-seater e-bus
The end-user sector in aluminium is where all the products from the other streams meet, and this week, it was buzzing with innovative activities as there were many additions along the path. Novelis wishes to be carbon neutral by 2025, and on July 20 2022, the world leader in sustainable aluminium...
IBAAS-JNARDDC 2022 scheduled from September 14-17, is fast approaching!
The response to IBAAS 2022 conference and exhibition is overwhelming as about 60 companies/organizations have already confirmed their participation. More than 50 abstracts and about 30 technical papers have been received so far for this mega bauxite, alumina and aluminium event. Organizers are...
Vedanta’s aluminium ingot price sees a back-to-back rise to INR222,750-254,250/t on July 20
Vedanta Limited has expanded its aluminium ingot and aluminium products prices for the second day in a row, with effect from Wednesday, July 20. Vedanta’s aluminium ingot price has witnessed an increase of INR 3,250 per tonne to INR 222,750-254,250 per tonne on July 20. On July 19, the price stood...
Hindalco expands its aluminium ingot price by INR4250/t in response to LME price rally over the weekend
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices, with effect from Tuesday, July 19, following a cut last week, July 15. Hindalco’s aluminium ingot price has witnessed a hike of INR 4,250 per tonne to stand at INR 221,500 per tonne. On July 15, the price...
Aequs’ strategic alliance with an aluminium major strengthens one-stop solution for the aerospace sector
As part of an alliance, Aequs Pvt Ltd., a leading aerospace components manufacturer and Hindalco Industries, the world's largest integrated aluminium company, have sealed long-term collaborations and joint business development to strengthen the aerospace sector. For the development, manufacture,...
Hindalco to start pilot production of aluminium plates for aluminium-air batteries, in partnership with Phinergy & IOC
Now, the use of aluminium as energy source in electric vehicles will be possible in India, thanks to the partnership of Hindalco, Phinergy and IOC Phinergy. According to a report on July 18, Aditya Birla’s flagship company Hindalco has signed an MoU with Phinergy, an Israel-based company engaged in...
Israel-India aluminium-air battery JV plans trial run on a 50-seater electric bus ranging 500 km
Commercial vehicles that travel long routes perhaps have initiated electrifying modestly in a much slower manner than envisioned, due to certain challenges such as battery size, charging infrastructure and long charging times. In spite of the slow start, India is striving to lead the way in the...
Aditya Aluminium initiates to restore water bodies in Odisha’s Rengali Block region
Hindalco’s Aditya Aluminium that a operates smelter and power plant complex at Lapanga in Sambalpur has taken up the responsibility to revive water bodies and conserve running water, wastewater and rainwater in the Rengali Block habitation area. The majority of Odisha’s Sambalpur district, Rengali...
Wheels India Ltd. professes heavy growth in the aluminium wheel sector in 2022
On Thursday, Wheels India Ltd. authorities made it absolutely known that the demand for cast aluminium wheels will vehemently increase this year. The company produces wheels for use in the automobile industry. Wheels India Ltd. was able to approach the landmark of Rs.1,000 crores through exports...
Minerals and metals industry urges government to introduce urban mining in India
Urban mining is the process of removing non-ferrous metals, like aluminium, copper, lead, and zinc, from electronic trash and other wastes that are primarily produced in urban areas. To make deep-seated minerals such as zinc, lead, and copper more accessible, the minerals and metals industry is...
Bangladesh's aluminium utensil industry in the Talora port region might face extinction due to gas crisis and higher fuel costs
The Rajshahi district in Bangladesh is facing a gas inflow interruption (a cheaper option than fuel oil) and resulting in a surge in oil prices which might lead to the shutdown of various aluminium utensils industries in Bogura’s Talora port region. The regional traders explained that the cost of...
