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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Vedanta deducts INR4750/t from its aluminium ingot price with effect from July 1
Vedanta Limited has deducted INR 4,750 per tonne from all its aluminium products and aluminium ingot price, with effect from Friday, July 1. With this cut, Vedanta’s aluminium ingot price has come in at INR 220,500-253,500 per tonne, in contrast to INR 225,250- 258,250 per tonne on June 30. The...
Vedanta Lanjigarh alumina unit bags Kalinga Environment Excellence Award 2021 for unwavering commitment to environmental sustainability
Vedanta Limited’s Lanjigarh unit, India’s premier producer of metallurgical grade alumina, has received a prestigious recognition from the Kalinga Environment Excellence Award 2021 for being consistent to its commitment and contribution towards environmental sustainability. The award acknowledges...
Vedanta’s aluminium wire rod price builds up INR1500/t in line with LME price rise
Vedanta Limited has expanded its aluminium products and aluminium ingot prices, with effect from Tuesday, June 28, by INR I,500 per tonne or 0.65 per cent. That has brought the company’s aluminium wire rod price to INR 231,000-238,500 per tonne from INR 229,500-237,000 on June 25. Vedanta’s...
Vedanta cuts its aluminium ingot price on an alternate day by 1.7% to INR222,000-255,000/t
Vedanta Limited reduced its aluminium ingot and aluminium products prices on an alternate day after escalating the prices on Friday, June 24. With effect from Saturday, June 25, Vedanta’s aluminium ingot price saw a slash of INR 3,750 per tonne or 1.66 per cent to INR 222,000-255,000 per tonne. On...
Primary aluminium weekly recap: Metal industry titans Alcoa and Dofasco minting on green energy; Coal India diversifying into aluminium and solar to decarbonise operations
This week the global primary aluminium segment had been quite an eventful one. If on one hand, the market segment witnessed significant growth in primary aluminium production in regions like Africa and North America, then on the other hand, the need to shift towards a more sustainable and clean...
RDSO shares design specifications for 100 light aluminium coaches based on the Train-18 concept
According to a recent report, the Research Designs & Standards Organisation under the Ministry of Railways of the government of India has shared design specifications with the railway board for 100 light aluminium coaches based on the Train-18 concept to enable comfortable travel in the shortest...
Russia will seek to increase trade and investment with India: Oleg Deripaska, Founder of Rusal
The founder of Russian aluminium giant Rusal and oligarch Oleg Deripaska commented by saying that Russia will seek to foster trade and investment liaison with India, China and Southeast Asian nations. Oleg Vladimirovich Deripaska, a Russian billionaire and industrialist, was once Russia's richest...
Vedanta heightens its aluminium billet & wire rod prices by INR4000/t with effect from June 22
Vedanta Limited has finally increased its aluminium products and aluminium ingot prices after reducing them ceaselessly since June 11. With effect from Wednesday, June 22, Vedanta’s aluminium billet price has come in at INR 237,500 per tonne, up by INR 4,000 per tonne from INR 233,500 per tonne on...
Hindalco’s aluminium wire rod price slumps by INR1250/t on June 21 in response to LME price fall
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices this week, which as per the data has drifted lower after back-to-back cuts on June 17 and June 18. As of June 21, Hindalco has slashed its aluminium wire rod price by INR 1,250 per tonne or 0.52 per cent to...
Coal India diversifying into aluminium and solar to decarbonise operations as part of the Govt’s net zero carbon emission goal
Coal India Limited (CIL), an Indian government-owned coal mining and refining corporation, is reportedly striving to decarbonise its operations, following the government’s energy transition push and net zero carbon emission target by 2070. Therefore, CIL is diversifying into aluminium production,...
Vedanta’s aluminium billet and wire rod prices slump by 3% on June 17 as LME price falls to the edge of US$2500/t
Vedanta Limited cuts its aluminium products and aluminium ingot prices, with effect from Friday, June 17, marking the third consecutive fall of prices since June 11. The company’s aluminium billet price has seen a deduction of INR 7,750 per tonne or 3.18 per cent to INR 235,750 per tonne as of June...
HP rolls out sustainable laptop series Spectre x360
On June 14, HP revealed Spectre x360 series laptops in India powered by the 12th Gen Intel Core processor and OLED touchscreens of up to 4K resolution with a 120Hz refresh rate. As HP claims, the laptop frame is composed of ocean-bound plastics and recycled aluminium. The laptops come in two...
Sunalco Alloys joins ASI as its new Production and Transformation member
Sunalco Alloys Pvt Ltd has joined ASI as a member of the Production and Transformation group. Sunalco Alloys Pvt. Ltd. is a non-ferrous metal recycling company that makes various grades of aluminium alloys as a final product. They serve as a vital link between scrap collectors, processors,...
India: LCA study reflects aluminium beverage cans' sustainability performance ranks higher than other containers
The Energy and Resources Institute (TERI) has recently published a pioneering study in India that compares the most popular beverage containers and finds that aluminium cans have the lowest Global Warming Potential (GWP). The Life Cycle Assessment, which is also known as LCA is a methodology for...
IIT Guwahati designs sustainable cost-effective prosthetic legs adjustable for different age groups
The Indian Institute of Technology (IIT) Guwahati has revealed a progressive piece of work by researchers coming together to create a prosthetic leg designated for the Indian sub-terrain. The prosthetic has been designed especially for roads that are not uniformly spread and for activities...
Vedanta Ltd further deducts INR8000/t from its aluminium ingot price as LME price plunges to 6-month low
Vedanta Limited has more significantly reduced its aluminium ingot and aluminium products selling prices, with effect from June 14, in response to the LME aluminium price plunge for the third consecutive day. Vedanta has notified a cut of INR 8,000 per tonne or 3 per cent on its aluminium ingot to...
Balco bids green, introduces biomass briquettes to generate power
The subsidiary of Vedanta Aluminium Business and India’s iconic aluminium producer, Bharat Aluminium Company Limited (BALCO) is using biomass briquettes as a fuel mix, to improve the sustainability of thermal power generation. The Korba-Chhattisgarh-based aluminium producer is utilizing 40-50...
Vedanta’s aluminium ingot price suffers a loss of INR5500/t on June 11
Vedanta Limited has reduced its aluminium ingot and aluminium products prices by INR 5,500 per tonne or 2 per cent, with effect from Saturday, June 11, following a hike on June 9. That has brought the company’s aluminium ingot price to INR 242,500-275,500 per tonne versus INR 248,000-281,000 per...
