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...
Grow with
AL Circle
Growing demand for electric vehicles to hoist aluminium consumption in automotive sector: JNARDDC
Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) recently revealed a study that showed aluminium consumption in the automotive sector would rise in India till 2021 buoyed by the increasing demand for electric vehicles. According to the study, India’s aluminium consumption...
Hind Aluminium reports 19.48 % YoY decline in revenue in June quarter
Hind Aluminium Industries Limited, manufacturers of aluminium & alloy conductors and aluminium wire rods for use in power transmission and distribution applications, announced unaudited consolidated financial results for the quarter ended 30 June, 2019. Revenue from Operation dropped 19.48 per cent...
India’s total aluminium exports to the US up 16% YoY in Jan-May 2019; exports of crude metal and alloys rise 12%
India’s total aluminium exports including scrap to the US increased 16.35% year-on-year to stand at 121,000 tonnes in January-May 2019. Aluminium export was 104,000 tonnes in January-May 2018. In May, exports came in at 23,400 tonnes, an increase of 1.3% year-on-year, but down 19% month-on-month,...
Aluminium import surge in India hurts domestic production during April-June quarter – Source says
According to a recent report, a 7 per cent growth in aluminium demand in India during April-June quarter of the financial year 2019-20 failed to boost production as consumption remained moderate in industries facing liquidity crunch. Sales of aluminium companies also fell by 10.8 per cent in that...
Hindalco and Vedanta raised price of aluminium ingots with effect from Saturday August 17
Two major aluminium producers of India, Hindalco and Vedanta have raised their ingot prices in the domestic market to match with the increase in international prices. The price of Hindalco’s P1020 EC Grade Ingot & Sow with 99.7% purity was raised to INR 14,4000 (US$2009) per tonne on August 17,...
India’s aluminium foil import to decline 40% in 2019 after a sweeping growth last year
According to a report, the global aluminium foils market is expected to grow at a CAGR of 5.5 percent until 2020 to reach 6.4 MMT during the forecasted period, primarily driven by the increasing demand for beverage cans, the major end-user of aluminium foil. The demand for aluminium foils is going...
Manaksia Aluminium Company reports 33% increase in sales in June quarter 2019
Manaksia Aluminium Company reported an 11.11 per cent increase in net profit in the quarter ended June 2019. Net profit increased from INR 0.45 crore in the quarter ended June 2018 to INR 0.50 crore in the quarter ended June 2019. Manaksia is one of the leading producers of aluminium flat products...
Titagarh Wagons bid lowest for manufacturing aluminium-bodied metro cars for Pune Metro Rail
According to a recent report, the consortium of Titagarh Wagons and its subsidiary Titagarh Firema SpA has bid the lowest for manufacturing 102 metro coaches for the Pune Metro Rail project. The order is for manufacturing aluminium-bodied metro cars in India. Titagarh Wagon had acquired a 90 per...
Maan Aluminium reports 29.07% rise in total sales in the quarter ended June 2019
A local media report says Maan Aluminium has reported 29.07% rise in total sales to INR 135.91 crore in the quarter ended June 2019. This was against a sale of INR 105.30 crore during the quarter ended June 2018.The company is one of the key players in the aluminium extrusion industry in India and...
NALCO’s sales decline 29.91% YoY in the quarter ended 30th June
National Aluminium Company Limited published unaudited financial results for the quarter ended 30th June, 2019. The company reported 29.91 per cent drop in sales in the quarter. Sales in in the quarter ended June 2019 stood at INR 2084.08 crore as compared to INR 2973.31 crore in the quarter ended...
MMTS 2019: A Three-in-One Mega Event to be held at Chennai during November 28-30
For the First Time in India three concurrent events GDC Tech 2019, LWT 2019 and M&T 2019 are being held in the Conference and Exhibition MMTS 2019. GDC Tech will focus on the upcoming technologies in the Aluminium Die Casting industry. LWT will highlight the Light Weighting Technologies to improve...
Nalco to develop technology and manufacture equipment specific to the domestic aluminium sector
According to a recent report, National Aluminium Company (Nalco) has proposed to set up a new division where it will develop technology for making equipment specific to the domestic aluminium sector. As per the report, the Nalco board has already cleared the proposal and sought approval of the...
Australia’s alumina export to South Africa likely to decrease by 25% in 2019
Australia is the world's largest producer of bauxite and alumina, and the world's largest exporter of alumina. In 2014-15, alumina production in the country totalled at 19.9 million tonnes, out of which almost 86 per cent was exported directly, while the rest used in domestic aluminium production....
IBAAS-GAMI Conference & Exhibition receives 80 abstracts on Bauxite, Alumina & Aluminium; to organize refinery and smelter visit
IBAAS and GAMI are jointly organizing the 8th International IBAAS-GAMI Conference & Exhibition at the picturesque city of Guiyang, China from September 4 - 6, 2019. The theme of the IBAAS-GAMI Conference is “Technological Advances in Alumina, Aluminium Smelter, Downstream Fabrication, Energy...
The US exports of aluminium scrap up 9.4% YoY in May; China and India top the importer list
The US exported 162,000 tonnes of aluminium scrap in May 2019, from 148,000 tonnes exported in May 2018. This records an increase of 14,000 tonnes or 9.46% year-on-year, according to the latest report from US Geological Survey. On a month-on-month comparison, exports decreased by 4.71% from April’s...
India aims to upgrade its automotive recycling sector
Based on the recent projection that there will be more than 21 million end-of-life cars in India by 2025, the country’s environment ministry has reportedly started advocating a ‘high focus’ on recycling in the automotive sector. The ministry wants to set up a network first consisting of 20 official...
Vedanta aims to increase aluminium export to more than 50 per cent of its production
According to a recent report, Vedanta Limited aims to export more than half of its aluminium production to international markets, as the imports of the metal to India is continually increasing. According to the company’s annual report for FY2019, only 30 per cent of the company’s sales were in the...
Vedanta reshuffles top management, Abhijit Pati to become Balco's CEO
Vedanta Group has announced a reshuffle at the CEO level of its three major companies Balco, Vedanta Aluminium Orissa and Talwandi Sabo Power Limited (TSPL), according to a report in Dainik Bhaskar. Vedanta Group CEO Srinivasan Venkatakrishnan and CEO (Aluminium and Power) Ajay Kapoor have made the...
