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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India planning to host meeting of trade ministers from WTO member nations, says Prabhu
Commerce and Industry Minister Suresh Prabhu said India is planning to host an informal gathering of trade ministers from about 20 member nations of the World Trade Organization next month. The agenda is to discuss the interests of least developed countries amid growing challenges for global trade....
India makes an offer to the US to resolve trade issues, says Suresh Prabhu
Followed by discussion and consultation with departments like IT and agriculture, India has made an offer to the US to resolve trade issues between the two countries. The news came after Union Minister Suresh Prabhu told PTI on April 3 that "We have consulted all the ministries and we have given...
Australian Bauxite executes MoU with Tianshan Aluminium for the sale of bauxite
Australian Bauxite Limited has announced that the company has executed a memorandum of understanding (MOU) with Tianshan Aluminium for the supply of 0.5 to 1.5 million tonnes of bauxite per year from Binjour Project, Queensland. Australian Bauxite’s Marketing Partner, Rawmin Mining and Industries...
Indian government extends anti-dumping duty on aluminum alloy wheels from China, Korea & Thailand
A government of India announcement said that anti-dumping duties on selected four-wheeler aluminium alloy wheels from China, Korea RP, and Thailand have been extended for another five years. Two domestic companies Synergies Castings and Kosei Minda Aluminum Company filed a petition to extend the...
“If government policies support well, India can become one of the lowest cost aluminium producers in the world” ~ Satyavrat Singh, CEO, Uniseven Engineering & Infrastructure Pvt. Ltd.
Q: Please elaborate us on the services offered by Uniseven Engineering & Infrastructure Pvt. Ltd. to the aluminium sector. A: Uniseven Engineering & Infrastructure has a unique business model whereby it represents a large number of equipment technology and EPC solution providers in India and in...
“India is the fastest and most promising growing economy in the world today” ~ Mr. Abhijit Pati, CEO, Aluminium Division, Vedanta Aluminium – Jharsuguda
Mr. Abhijit Pati started his career as a budding engineer with Indian Aluminium Company in the year 1989. In 2008, he joined Vedanta and subsequently became Chief Executive Officer of Aluminium Division, Vedanta Aluminium – Jharsuguda, one of the largest Greenfield Aluminium cum Power complexes in...
“Sustainability is no more a choice but a need and a requirement, not just in aluminium but in all areas of human activity” ~ Diwakar Gautam, CEO, Sunberg Limited
Sunberg Limited is a UK based metal recycling company, forming an integral link between scrap collectors, recyclers and processors. Sunberg caters to the increasing global demand for recyclable scrap Ferrous and Non Ferrous metals, such as aluminium, brass, copper, zinc, lead, steel and ingots....
India’s customs duties on 29 US products in retaliation to higher aluminium and steel tariffs extended to May 2
The Finance Minister of India has reportedly notified that the retaliatory customs duties on 29 US products have been extended, yet again, till May 2, 2019. This is perhaps the seventh time that the Indian government has postponed the duties. Earlier, the deadline was on April 1. Since June 2018,...
Odisha High Court lets Vedanta participate in NALCO alumina sale tender
The Odisha High Court has reportedly granted permission to the mining giant Vedanta to participate in the tender floated by state-run navaratna company NALCO for sale of surplus alumina. This judgement from the Odisha High Court is expected to provide a major relief to Vedanta. The aluminium major...
US exports of aluminium scrap up 12% YoY in 2018; Chine & South Korea top the importer list
According to the latest report from US Geological Survey, the US exports of aluminium scrap, which is not included in the government’s consumption statistics, came in at 1.76 million tonnes in 2018. The figure was up 190,000 tonnes or 12.1 per cent from 2017 total of 1.57 million tonnes....
The Consul General of India in Milan Dr. Binoy George meets industry associations in Milan to present the Executive program The Aluminium Innovation Manager
Amafond and Indo Italian MilanHub (IIMH) have promoted a meeting with the new Consul General of India in Milan, Dr. Binoy George, on Monday 25 March. Amafond is Italy's leading industrial association for aluminum machinery, innovative metal and the foundry sector. Many of its associated companies...
Daiki Aluminium Industry breaks ground on recycled aluminium manufacturing facility in AP
Daiki Aluminium Industry India, a 100 per cent subsidiary of Daiki Aluminium Industry Co. Ltd., Japan, has broken ground on a new aluminium alloy recycling plant at Sri City in Andhra Pradesh (AP), India. Daiki Aluminium Industry will make an investment of INR250 crore. The new aluminium alloy...
Aparna Enterprises announces JV with Craft Holding for aluminium exterior solutions
Aparna Enterprises Limited, part of Hyderabad-based Aparna Group, has announced a joint venture with Hong Kong-based Craft Holding Ltd to manufacture and retail aluminium exterior products and solutions. Aparna Enterprises and Craft Holding’s joint venture will operate under the name Aparna-Craft...
India’s aluminium imports including scrap from US soars 174% in 2018’s first eleven months
India imported a total of 199,000 tonnes of aluminium (crude metal and alloys, aluminium semi-finished products and scrap) from the US in the first eleven months of 2018, a 173.73% growth or 126300 tonnes from 72,700 in the first eleven months of 2017, as updated by US Census Bureau....
Mahindra CIE forays into aluminium die casting business with Aurangabad Electricals acquisition
Mahindra CIE Automotive Ltd’s Board of Directors today resolved to acquire the business of Aurangabad Electricals (AEL) through acquisition of 100% of equity shares for an enterprise value of INR 8756 million, which includes a future deferred payment estimated up to INR 622mn. Aurangabad...
In conversation with Quebec Consul and Director Dominic Marcotte and AluQuébec Working Groups Director Marie-Élaine Jacome
AlCircle had a pleasant opportunity to speak to Mr. Dominic Marcotte, Consul & Director of Québec Government Office in Mumbai, and to Marie-Élaine Jacome, Working Groups Director of AluQuébec at the 7th International Conference on Aluminium and Exhibition (INCAL-2019), Bhubaneswar. Mr. Dominic...
Nalco CMD invites investors and technology suppliers to its Angul Aluminium Park at PDAC 2019
India Day was celebrated at the Prospectors and Developers Association of Canada (PDAC 2019) in Toronto—the world’s leading mineral exploration and mining convention, on 5th March 2019. On the occasion, Nalco CMD Tapan Kumar Chand invited global investors, technology suppliers and equipment...
Vedanta appoints new CEO for its aluminium and power business
On Tuesday, March 5, the mining giant Vedanta announced the appointment of Ajay Kapur as the chief executive officer of its aluminium and power business. Kapur brings with him an experience of over 30 years across various business verticals. He worked at Ambuja Cements as the managing director and...
