AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
HPCL Brings Energy Leaders, Researchers and Startups Together at IISc Bengaluru to Accelerate energy Innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
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Hindalco hikes aluminium ingot price after two cuts in a row
Hindalco Industries Ltd has increased the price of its aluminium ingot after cutting them two times in a row. With effect from March 12, the price for Hindalco aluminium ingot now stands at INR 141,500 per tonne, an increase of 1.25% from INR 139,750 per tonne on March 10. The prices of wire rods...
Hindalco cuts its aluminium ingot price by 1.89% with effect from March 7
Hindalco Industries Ltd has reduced the prices of aluminium ingots by 1.89% on Saturday, 7 March, after raising the price of the same product by 1.93% on Thursday. With effect from March 7, the price for Hindalco aluminium ingots now stands at INR 142,500 per tonne, down from INR 145,250 per tonne...
Vedanta Ltd’s Jharsuguda bags CII- EHS Award 2019
Vedanta Ltd’s Jharsuguda bagged the prestigious CII- EHS Award 2019 at the 15th State Level Competition on Best Practices in Environment, Health and Safety (HSE). Mr. Chhavi Nath Singh, CEO of Vedanta Ltd., Jharsuguda said, “As the largest producer of primary aluminium in the country, we are nation...
Hindalco raises its aluminium ingots price by 1.82% with effect from Tuesday
Hindalco Industries Ltd has hiked the prices of aluminium ingots by 1.82% on Tuesday, after cutting it by 1.26% on Friday. With effect from March 3, the aluminium ingot price stands at INR 139,750 per tonne, from INR 137,250 per tonne on February 28. The prices of wire rods and billets have climbed...
Alcohol to be sold in Aluminium cans: Indian state Uttar Pradesh gets ready
Uttar Pradesh, a state in northern India, counted as the most densely populated state in India as well as the most populous country subdivision in the world, roughly with 200 million inhabitants is all set to sell Indian made foreign liquor in aluminium cans. The new excise policy of the Uttar...
Jindal Aluminium wins National Award in the category of Export Excellence 2017-2018 by EEPC for the third time
The National Award for Export Excellence – Star performer for 2017-18 has been awarded to Jindal Aluminium. This prestigious award by the Engineering Export Promotion Council (EEPC) has recognised Jindal Aluminium as the highest exporter in the group of 'aluminium & articles thereof’ under Large...
Hindalco drops its aluminium ingots price by 1.26% with effect from February 28
Hindalco Industries Ltd has reduced the prices of aluminium ingots by 1.26% on Friday, 28 February 2020, after raising it by 1.09% on Wednesday. With effect from February 28, the aluminium ingot price now stands at INR 137,250 per tonne, from INR 139,000 per tonne on February 26. The company has...
The US exports of aluminium scrap surge 11% YoY in ten months; Exports to India up by 32%
The US exported 157,000 tonnes of aluminium scrap in October 2019, from 164,000 tonnes exported in October 2018. This records an increase of 4.27% year-on-year, according to the latest report from the US Geological Survey. Exports increased by 1.29% from September’s export volume of 155,000 tonnes...
Once India’s largest manufacturer of Aluminum foil packaging material “Ess Dee Aluminium” in bankruptcy court
Ess Dee Aluminium Ltd., which once acquired the three sick units of India Foils a decade ago, has capitulated to insolvency itself. The National Company Law Tribunal’s (NCLT) Kolkata bench has ordered the initiation of a corporate insolvency resolution procedure against Ess Dee Aluminium Ltd, once...
Aluminium wheeled Husqvarna Bikes launched in India by Bajaj Auto
On 25 th February’2020, Bajaj Auto published the prices the Husqvarna twin bikes in India – Svartpilen 250 and Vitpilen 250, with introductory prices starting at INR. 180,000 (ex-showroom). The twin models of Husqvarna are equipped with 17” cast aluminium wheels, dual-channel ABS, LED headlight and...
India imposed final AD determination on imported aluminium and zinc coated flat products
India has announced its final anti-dumping determination on imports of aluminium and zinc coated flat products from Vietnam, Korea and China, according to Shanghai Metals Market report. The Commerce Department of India has assigned a final dumping rate of $128.93 per tonne to Chinese exporters. It...
NALCO’s Damanjodi Alumina Refinery to get a new crusher and conveyor system: Foundation stone laid by Minister of Mines, India
The Minister of Mines, India, Pralhad Joshi on 25 th February’20 laid the foundation stone of Crusher and Conveyor System at NALCO’s Mining & Refinery (M&R) Complex in Damanjodi, Odisha. The new system will feed bauxite for the 5 th stream of Alumina refinery of the company. The estimated cost...
AlCircle Global Aluminium Industry Outlook 2020
The economic downturn in many regions of the world, particularly in China, combined with trade issues raised by the US, resulted in significant slow-down in aluminium demand in 2019. Contrary to our expectations at the beginning of the year, the demand growth was barely 0.5% in 2019, owing to weak...
Honda Forza 300cc Scooter with Aluminium constituent first lot delivered in India
Honda Motorcycle and Scooter India (HMSI) have carried out the first four units of the Honda Forza 300 maxi-scooter in Gurugram. The sold units were put up for display purpose only, but a few customers showed interest in buying them. HMSI has not yet made public the price of the scooter. The...
Hindalco reduces aluminium ingots price by 1.26% with effect from February 18
Hindalco Industries Ltd has reduced the prices of aluminium ingots, billets, and wire rods by nearly 1.2% with effect from Tuesday, 18 February 2020. The aluminium ingot price now stands at INR 137,500 per tonne, a decrease of 1.26% from INR 139,250 per tonne on February 13. The prices of wire rods...
GE to install digital smelter solution at Vedanta’s aluminium plant at Jharsuguda
According to a recent report, GE has signed a contract with Vedanta to install its digital smelter solution at the latter’s aluminium plant at Jharsuguda in Odisha to enhance productivity. The news came after the two companies jointly announced on Monday, February 17, that “GE and Vedanta Ltd.’s...
BS6 Suzuki Burgman Street 125 with all Aluminium engine launched In India
Suzuki Motorcycle India has today made public the launch of its BS6 compliant Burgman Street 125. The starting price will be INR 77,900 (ex-showroom, New Delhi), the 2020 Suzuki Burgman Street comes with a new colour option along with other amazing features. The Japanese manufacturer asserts that...
Hindalco hikes aluminium ingots price by nearly 1.5% with effect from February 13
Hindalco Industries Ltd has raised the prices of aluminium ingots, billets, and wire rods by nearly 1.5%. With effect from February 13, the aluminium ingot price now stands at INR 139,250 per tonne, an increase of 1.46% from INR 137,250 per tonne on February 5. Hindalco has increased the prices of...
