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’s plea continues to CIL for immediate coal supply
On 14th October 2021, the institution that caters for the needs of the Indian Aluminium Industry, the Aluminium Association of India (AAI) pleaded to the Indian government-owned coal mining and refining corporation, Coal India Limited (CIL) for prompt resumption of coal supplies for the domestic...
Industry 4.0 allowing Indian Aluminium to participate in globalized manufacturing
India is gradually waking up to the potential of its minerals and metals industry. This was one of the few industry sectors that continued to be productive despite the ravages of the pandemic. In fact, India’s mining GDP increased from INR 739.90 billion in the fourth quarter of 2020 to INR 913.03...
Primary Aluminium Weekly Recap: India’s scanty stockpiles of coal affect aluminium production; Full production expected to resume at Rio’s Kitimat smelter
Scanty stockpiles of coal in India have reportedly put aluminium producers into a critical situation. As rightly described by India’s apex industry body, the Federation of Indian Mineral Industries (FIMI), the situation is like aluminium producers are “swimming in a rough ocean”. This has been one...
Coal stockpiles for only one to two days, aluminium production to slash: FIMI
According to India’s apex industry body, the Federation of Indian Mineral Industries (FIMI), the drastic coal crisis in India has developed a situation like “swimming in a rough ocean” for the aluminium producers as the reserve of the fossil fuel sink to a scathing level. B.K. Bhatia, Additional...
Vedanta Aluminium receives ‘Best in Future of Digital Infrastructure’ award at IDC Digital Transformation Summit India
Vedanta Aluminium, one of the largest producers of aluminium and value added products in India grabbed the “Best in Future of Digital Infrastructure,” award at the IDC Digital Transformation (DX) Summit India and Future Enterprise Awards 2021. The esteemed IDC Future Enterprise Awards celebrate the...
Pune Metro’s first aluminium rake to arrive in the city next week
According to a recent report, the first rake of the Pune Metro, made in aluminium, is scheduled to reach the city in the coming week, if all the formalities are completed at the Mumbai port. The casting of two more trains is underway and the rakes are expected to arrive in Pune in the next few...
Coal India board nods to conduct pre-feasibility study for Greenfield Aluminium Project in Odisha
On Tuesday, October 5, Coal India Limited (CIL), an Indian government-owned coal mining and refining corporation, said that its pre-feasibility report for an integrated Greenfield aluminium project in Odisha received an approval from the board. So, the company will now start conducting a...
Nalco reaches highest ever aluminium production in H1 FY22
The Indian state-run integrated aluminium company Nalco has attained the highest ever half-yearly production of cast metal in the 2021-22 financial year. On 5th September 2021, Pralhad Joshi, the Union Coal and Mines Minister congratulated the company on the achievement by saying: “NALCO has yet...
Vedanta aluminium production jumps up 21% Y-o-Y
India’s largest producer of aluminium Vedanta revealed that its total aluminium production escalated 21% to 570,000 tonnes in Q2 FY22 compared with 473,000 tonnes in Q2 FY21. Vedanta has world-class aluminium smelters with power plants in Jharsuguda, Odisha and at BALCO in Chhattisgarh. The smelter...
US aluminium scrap exports to Malaysia edge M-o-M fall of 4.2% to 45,600 tonnes in July 2021
According to the US Geological Survey data for July 2021, the United States exported 45,600 tonnes of aluminium scrap to Malaysia. That was down by 2,000 tonnes or 4.20 per cent month-on-month from 47,600 tonnes. In May 2021, the exports to Malaysia stood at 42,000 tonnes, meaning the exports in...
Sri Lanka’s aluminium stranded wire import during 2019-20 mislays demand; 97% growth estimated for 2021
The island nation, Sri Lanka declared a state of economic emergency on 31st August 2021, as the country dry out of foreign exchange reserves for essential imports like food. The Central Bank of Sri Lanka is the foremost Asian central bank to increase policy rates after the Covid-19 pandemic in...
China’s aluminium foil exports record a 19% rise in August 2021 to 115,400 tonnes
According to China customs data, aluminium foil exports into China during August 2021 stood at 115,400 million tonnes, which reflected a month-on-month increase of 19.28 per cent and a year-on-year rise of 14.08 per cent. Top six importers of China’s aluminium foil include the United Arab Emirates,...
India’s metal recycling company CMR Green Technologies files IPO paperwork with SEBI
CMR Green Technologies, the metal recycling company and India’s largest producer of aluminium and zinc die-casting alloys with a combined annual capacity of over approx. 310,700 tonnes has filed preliminary papers with capital markets regulator ‘Securities and Exchange Board of India’ (SEBI) to...
Vedanta Aluminium Business outperforms at PAT Cycle-II scheme by Ministry of Power
Commodities tycoon Anil Agarwal led Vedanta Aluminium, which is also India’s largest producer of aluminium and value-added products, has secured the top spot at Perform, Achieve and Trade (PAT) Cycle-II among the Indian aluminium industry. The Ministry of Power, Govt. of India’s regulatory...
APMDC officials visiting London to present arguments at court over bauxite supply agreement cancellation
According to the latest update, a team of Andhra Pradesh Mineral Development Corporation (APMDC) officials has started their journey to London for attending the upcoming hearing of a case scheduled on September 27 concerning the international arbitration raised by Ras-Al-Khaimah Investment...
India’s aluminium scrap imports from US increase 6,000 tonnes M-o-M to 34,100 tonnes in July 2021
According to the latest data shown by the US Census Bureau, India’s aluminium scrap imports from the United States in July 2021 stood at 34,100 tonnes, which reflected an increase of 6,000 tonnes or 21.35 per cent month-on-month. In June 2021, India imported 28,100 tonnes of aluminium scrap from...
BALCO inks MOU with VNIT Nagpur for green concrete solution towards developing sustainable road
India’s primary aluminium producer, Bharat Aluminium Company (BALCO) has lately inked a Memorandum of Understanding (MoU) with Visvesvaraya National Institute of Technology (VNIT) Nagpur for using their green concrete solution towards road construction inside the plant area and the adjacent areas....
Downstream Aluminium Weekly Recap: Aluminium alloy price soared by RMB1000/t and above for two days in a row; US announced anti-dumping duties on aluminium foil from Armenia
One of the most prominent incidents we have witnessed in the downstream aluminium sector this week is the aluminium alloy price soar in China. On two consecutive days this week, aluminium alloy (A356) price saw a steep growth of RMB 1000 per tonne and more. After resuming from the Mid-Autumn...
