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...
Grow with
AL Circle
Vedanta Aluminium tends to pivot on backward integration; plans to functionalize two coal mines for securing raw materials at CPP
The global manufacturing industry encountered the deadly Covid pandemic with plenty of dents, the aluminium sector was also one of those challenges. However, India’s mining and metal giant, Vedanta's aluminium business, counter the pandemic well and was not heavily impacted. Now, it tends to focus...
Downstream products weekly recap: Despite challenging conditions ‘Salzburger Aluminium Group’ reports excellent turnover for 2021; Vedanta Aluminium introduces India’s first low carbon green aluminium brand ‘Restora’
Not much has been happening in the downstream sector of the global aluminium industry. To begin with, the Salzburger Aluminium Group, an Austrian family firm with 1100 people globally, had a tremendously promising year in 2021. SAG a global supplier to all well-known OEMs, increased revenues by...
Russia-Ukraine conflict will hinder further coal supply to CPPs, aluminium among other industries to suffer: ICPPA
On 25 th February 2022, the Indian Captive Power Producers Association (ICPPA) stated that the ongoing Russia-Ukraine military strife, which has propelled the global energy prices to scale up, will diminish the proclivity to import coal by power plants and will further disrupt the supply of fuel to...
Ball Beverage Packaging India welcomes FSSAI notification to permit non-transparent packaging substrates for packaged water
Ball Beverage Packaging India, a leading producer of infinitely recyclable aluminium beverage cans, today welcomed the move by FSSAI (Food Safety and Standards Authority of India) to pave the way for packaging drinking water in non-transparent packaging solutions like Aluminum Beverage Cans. This...
India: Decades-old political party appeals Prime Minister to repeal the decision of NALCO’s privatisation
The oldest communist party of the country, Communist Party of India’s (CPI) general secretary D Raja has delivered a written statement to Prime Minister of India, Narendra Modi appealing him to repeal the Govt. of India’s decision towards privatisation of state-owned integrated aluminium company...
Primary aluminium weekly recap: South32 vows for further investment in low carbon aluminium as profit mounts; Aluminium growing prices anticipate securing potential gains of VALCO
The primary aluminium segment of the global aluminium industry has remained quite eventful this week. LME aluminium cash bid price spiked by US$12 per tonne or 0.36% to close at US$3,292 per tonne on 17 th February 2022. India’s NALCO aluminium ingot price has seen a surge of INR 5,400 per tonne to...
Wheels India targets to boost export contribution to one-third of sales, distinctly aims at aluminium wheels
The TVS Group promoted, Wheels India Limited, India’s largest auto component manufacturer of wheels for commercial vehicles in an astute strategy that compels the company to view more externally, the company is aiming towards strengthening its export contribution to one-third of its sales. Wheels...
Finance Ministry extends anti-dumping tariff on aluminium foil imports from China
The Finance Ministry has prolonged the anti-dumping tariff on Chinese imports of 'aluminium foil' (5.5 micron to 80 micron) until June 15. This comes after the Directorate General of Trade Remedies (DGTR) launched a sunset review inquiry against China's anti-dumping tax on "aluminium foil" (5.5...
AAI seeks CIL’s sustainable coal supply assurance to the aluminium industry-owned captive power plants
The apex body representing the entire spectrum of the Indian Aluminium Industry, the Aluminium Association of India (AAI) has solicited the mediation of the Indian state-owned coal mining and refining corporation, Coal India Limited in regards to the continuation of sustainable coal supplies and...
Fehrmann Tech Group on-boards 3D printing intellects Mahendran Reddy and Stefan Ritt as Vice Presidents to support expansion
At the end of December 2021, Mahendran Reddy had been relocated from Singapore to Hamburg to establish a similarly successful network of research institutes, suppliers, customers and like-minded professionals for the Hamburg based Fehrmann Tech Group on a global level in the designation of Vice...
Vedanta Aluminium secures ranking in Dow Jones Sustainability Index 2021
The largest producer of green metal in India, Vedanta Aluminium Business, has secured 4th rank among global aluminium producers in the Dow Jones Sustainability Index (DJSI) family. The Dow Jones Sustainability Indices is a global benchmark that shadows the performance of the world's leading...
Coal India to scale up supply to non-power sector, a sign of relief to the aluminium industry
The continuous grievance and follow up which came from the non-power sectors majorly from the aluminium and other manufacturing industry bodies in regards to the continuous challenges of coal supply dearth since August 2021, the Indian state-owned Coal India Limited (CIL) on 12 th February 2021...
Vedanta Aluminium to join forces with the construction industry for gainful application of fly-ash and bauxite-residue
India’s largest producer of aluminium and value-added products, Vedanta Aluminium will join forces with cement, construction and infrastructure industries for the gainful application of its by-products - fly-ash, the fallout in thermal power generation and bauxite-residue, the aftereffect of...
Downstream products weekly recap: AlCircle launches its ninth edition of e-Magazine - "Global Aluminium Foundry: Challenges and Opportunities Ahead in 2022"; India’s largest aluminium die-casting company ‘Endurance Technologies’ Q3 profit descends to INR 95 crores
A lot had happened in the downstream segment of the global aluminium sector. To begin with, AlCircle launched its 9th edition of e-Magazine, “Global Aluminium Foundry: Challenges and Opportunities Ahead in 2022". The magazine highlights the role of aluminium foundries in the production of aluminium...
Hindalco’s Q3 result highlights surge in aluminium price as well as addition of Brownfield smelting capacity
After the third quarter, analysts kept their 'buy' calls on Hindalco Industries Ltd., noting a surge in aluminium prices, a shift in focus from deleveraging to growth potential, and the addition of Brownfield smelting capacity. In the quarter ended December, India's largest aluminium manufacturer...
India’s largest aluminium die-casting company ‘Endurance Technologies’ Q3 profit descends to INR 95 crores
The leading auto component manufacturer Endurance Technologies reported that the company’s profit after tax (PAT) reduced to half, which amounted to INR 94.6 crore in the December quarter (Q3FY22) due to infirm operational performance. The aluminium auto parts & equipment company had posted a PAT...
Anrak Aluminium gearing to commission alumina refinery in India
The joint venture of Ras-Al Khaimah Investment Authority (RAKIA) and Penna Group of Companies, Anrak Aluminium Limited (AAL) following several implicates is hard-pressed in making efforts to commission its 1.5 million tonne alumina refinery set up at Rachapalli, which is around 80 km away from...
Nalco’s Q3 profit excels over three times to INR 831 crore
The Indian state-owned National Aluminium Company (NALCO) has reported that its consolidated net profit excelled from 246.53% to INR 830.67 crore on an up-rise of 58.62% in net sales to INR 3773.26 crore in Q3 December 2021 in comparison to Q3 December 2020. The Profit before tax elevated 271.47%...
