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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Piaggio India enhances full Range of 3-Wheeler to BS VI, New Aluminium clutch introduced
The Italian auto manufacturer, Piaggio’s, India counterpart has updated its full range of three-wheelers to meet the upcoming BS VI norms. The Italian brand also launched a “Performance range”, with both diesel and alternative fuel-powered models. The diesel range boasts of a completely new power...
Vedanta raised aluminium ingot price by more than 1% with effect from January 22
Vedanta has increased the prices of aluminium ingots, billets and wire rods by more than 1% with effect from Wednesday, January 22. This is the second time in a row that the company has raised the prices of its products. The price for Vedanta aluminium ingots now stands at INR 144,750-157,750 per...
Skoda’s upcoming model VisionIN comes with Aluminium Spoiler & Diffuser
Zac Hollis, Head of Sales, Service and Marketing, Skoda Auto India Ltd. has communicated of the upcoming VisionIN model concept before its global premiere at the Auto Expo’20, coming up between 5 th and 12 th February’20. The communication was landed as a video teaser; focus on the presence of a...
Hindalco Industries hiked aluminium ingots price by nearly 1% with effect from January 22
Hindalco Industries Ltd has increased the prices of aluminium ingots, billets, and wire rods by nearly 1%. With effect from January 22, the aluminium ingot price now stands at INR 146,750 per tonne, an increase of 0.86% from INR 145,500 per tonne on January 18. This is the second time in a row that...
Govt. of India “Says Yes” to reinstate the Aluminium Park in Odisha
Dharmendra Pradhan, Union Petroleum Minister, Govt. of India on 21 st January’20 declared that centre has agreed to reinstate the project for the up-gradation of infrastructure at the Angul Aluminum Park in Odisha. Mr. Pradhan expressed his gratitude towards Union Commerce Minister Piyush Goyal for...
Ancher launches aluminium alloy-built earphones ‘Soundbuds Verve’
Anker Innovations, a global leader in technology, has reportedly announced the launch of its newest product - ‘Soundbuds Verve’ earphones that have enhanced sound production with powerful 10mm Composite drivers that delivers impressive audio with clear highs and powerful bass. Made of aluminium...
JNARDDC develops a low-cost process for the production of high-purity alumina
According to a recent report, Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur has invented a low-cost process of producing 3N purity alumina (99.9%) at lab scale. The focus is on preparing the alpha phase of 3N pure nano-alumina at lowermost possible temperature....
Vedanta gains Supreme Court’s nod to bid for Nalco’s alumina tenders
The Odisha High court decision that allowed Vedanta to take part in the tenders for the sale of its surplus alumina was challenged by Nalco. During the time, the lower court had welcomed Vedanta’s argument that it was competent to take part in the tenders as it operated from an export-oriented...
Vedanta Ltd SEZ Unit in Jharsugda gets ISO 50001:2011 certification for energy-efficient aluminium production
According to a recent report, Vedanta Limited, Jharsugda’s Special Economic Zone unit (Plant 2) has received the coveted certification of ISO 50001:2011 (Energy Management System), with effect from December 19, for energy-efficient production and supply of primary aluminium, aluminium ingots, and...
Maharashtra gets ready to auction Bauxite dumps
The new state Govt. of Maharashtra, India, led by Uddhav Thackeray has delivered a push in the mining activity by issuing fresh guidelines for the auction of tonnes of bauxite dumps. Maharashtra has enormous dumps of bauxite. As per the new policy guidelines issued by the industries department, the...
AAI urges Govt. to lower customs duty on critical raw materials
The aluminium industry has sought the government to lower the basic customs duty on critical raw materials like aluminium fluoride, making a statement that high import duties are a huge drawback as they make Indian finished goods overpriced and uncompetitive in the international markets. The...
Rahul Sharma, Vedanta Alumina Business CEO, receives recognition as Business Icon of the Year
Rahul Sharma, CEO of Vedanta’s Alumina Business, has received an award for ‘Business Icon of the Year’ from one of the leading newspapers in Odisha called Samaya. The award is in recognition of Mr Sharma’s enormous contribution towards India’s metals and mining industry and for his crucial role in...
15.38% sharp decline of US import of Al crude, metals and alloys from India during Jan-Sept
A 15.38% sharp decline of USA’s import towards aluminium crude, metals, and alloys from India during the period Jan’19-Sept’19 has been recorded. 121,000 tonnes has been accounted for as US import from India during Jan’19-Sept’19 and in the previous year at the same phase, it was accounted for...
Hindalco’s INR 8000 crore new alumina project gets approved by Odisha Govt.
The apex body to clear investment projects in Odisha, The High-Level Clearance Authority (HLCA), has approved a new Greenfield alumina refinery unit, proposed by Aditya Birla Group-owned Hindalco Industries. The estimated cost of the project is INR 8,000 crore and is proposed to come up at...
Vedanta raised aluminium ingots price by 2%
Vedanta has increased the prices of aluminium ingots by about 2% with effect from Tuesday, January 7. The price for Vedanta aluminium now stands at INR 145,000-158,000 per tonne. The company generally links prices of its products to the three-month futures of aluminium on London Metal Exchange. The...
Hindalco hiked aluminium ingots price by more than 2% with effect from January 7
Hindalco Industries Ltd has increased the prices of aluminium ingots, billets, and wire rods by more than 2%, after cutting them by more than 1% in the previous week. With effect from January 7, the aluminium ingot price now stands at INR 147,250 per tonne, up an increase of 2.43% from INR 143,750...
A slew of tax incentives to strengthen the domestic mineral market: FIMI, India
A slew of indirect tax incentives have been seeking by The Federation of Indian Minerals Industries (FIMI) to strengthen the fading mining industry. The submission of a list of changes in indirect tax levies on various minerals and mining products by FIMI in a memorandum to the Ministry of Finance,...
NALCO raises its aluminium ingot prices for the third time in a row
The National Aluminium Co. Ltd. raises the price of its aluminium ingots third time in a row. The Government of India owned aluminium producer has hiked the prices of its ingots by 2% approximately, and the cost now stands at INR 152,850 – 156,350 per tonne. As considered most of the aluminium...
