September purchases take Eskay Aluminium’s Sacheta Metals holding to 132,310 shares
Eskay Aluminium Pvt Ltd has obtained 881 shares of Sacheta Metals Ltd through an open-market transaction, taking its total holding in the aluminium company to 132,310 shares. The acquisition was completed on September 8, 2026, and disclosed under Regulation 29(2) of the SEBI (Substantial...
NALCO picks EGA’s DX+ Ultra for 0.5 MTPA Angul aluminium smelter expansion
National Aluminium Company Limited (NALCO) has signed a Technology Licensing Agreement with Emirates Global Aluminium (EGA) to deploy EGA’s UAE-developed DX+ Ultra aluminium smelting technology at its proposed 500,000 tonnes per annum (MTPA) brownfield smelter expansion at Angul, Odisha. The...
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South India aluminium manufacturer caught by BIS for illegal operations, risking jail or fine
The Bureau of Indian Standards recently conducted another raid at an aluminium alloy ingot manufacturing facility in Sipcot Industrial Park, Vallam Vadagal, Sriperumbudur, for operating without the necessary permits. As per the report, the company has been producing and selling aluminium alloy...
EPIQ Machinery expands its global presence with the acquisition of a 50% stake in the FAFECO Group
EPIQ Machinery, a leader in integrated material handling solutions for the metals & mining, and pulp and paper industries, is proud to announce the strategic acquisition of a 50 per cent stake in FAFECO GROUP, one of India's most respected crane and overhead crane manufacturers. By this...
Impact or no impact on India’s $1 billion aluminium exports due to Trump’s tariffs? Discover here…
The ongoing debate about the impact of the Trump administration's tariff increase from 10 per cent to 25 per cent on India's aluminium exports is generating considerable discussion. While various industry leaders offer different viewpoints, it is essential to understand India's current aluminium...
India: Imported aluminium scrap prices see divergent trends w-o-w; supply shortage persists
India's imported aluminium scrap prices fluctuated by up to $15-20/t w-o-w amid raw material shortages and tight supply. Image credit: IndiaMart BigMint's benchmark assessment for Tense scrap originating in the US was at $1,960/tonne, increasing by $10/tonne w-o-w, while Wheels from the UK stood at...
Indian aluminium industry pleas for urgent duty relief as it braces for global competition
In a rapidly evolving global metals scene, the Indian aluminium sector has found itself at a critical juncture. The Aluminium Association of India (AAI) has formally called on the government to extend the Remission of Duties or Taxes on Export Products (RoDTEP) scheme for aluminium-producing units...
After US, India now slaps China with an anti-dumping duty on aluminium foil exports
China is facing multiple duties on its aluminium exports from various countries. After facing a hefty tariff of 45 per cent from the United States, China is now targeted with a provisional anti-dumping duty ranging from USD 619 to USD 873 per tonne from India. The news came on Monday, March 17,...
Rusal agrees to acquire 26% stake in an Indian alumina refinery
On March 14, 2025, the Russian aluminium giant stated that it had agreed to acquire a 26 per cent stake in an Indian alumina refinery owner for $243.75 million, with the option to gradually increase its holding to 50 per cent, as reported by Reuters. Image credit: Gulf Times This strategic move...
IBAAS-IMMT-IIM 2025: Advancing a green and smart aluminium industry
The 13 th International Bauxite, Alumina & Aluminium Conference & Exhibition (IBAAS-IMMT-IIM 2025) is set to take place during October 8-10, 2025, in Bhubaneswar, India. In association with the Institute of Minerals and Materials Technology (CSIR-IMMT) and the Indian Institute of Metals (IIM),...
India: ADC12 aluminium OEM-grade alloy ingot prices rise m-o-m in Mar'25 amid higher scrap tags
Aluminium ADC12 alloyed ingot prices moved up m-o-m across both northern and southern India in March 2025, according to BigMint's benchmark assessment. This marks a six-month high, amid steadily rising scrap prices. BigMint's monthly assessment for the OEM grade of ADC12 stood at INR 217,000 per...
Panic outbreaks as major fire breaks out at an aluminium items manufacturing unit in Jeedimetla
A major fire broke out at an aluminium items manufacturing unit in Ramreddy Nagar, located in the industrial area of Jeedimetla, on Friday. Fortunately, no casualties were reported, and the cause of the fire remains under investigation, according to police reports. Workers at the facility noticed...
Tata Power shares hit intraday high as TPREL secures INR 49,000 crore renewable energy deal
Tata Power shares surged by 3 per cent in early trading on Monday, hitting an intraday high of INR 361.85 on the BSE. The rise followed an announcement that its subsidiary, Tata Power Renewable Energy Ltd (TPREL), had signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to...
What happened in India's secondary aluminium industry in Feb'25? BigMint explores
India's ADC12 alloy market showed recovery in February 2025, as India's largest automaker announced March 2025 settlement prices for ADC12, which saw an increase by INR 4,210/tonne and was at INR 212,110/tonne, as demand improved and prices rose for the first time in nine months. BigMint's latest...
Efficient power transmission with Diamond Power Infrastructure’s AL 59 wire rods
Diamond Power Infrastructure, known for manufacturing aluminium conductors and other power transmission equipment has launched a commercial production at its inaugural rod mill, which is dedicated to manufacturing next-generation AL 59 wire rods. The company is also advancing a Green Field project...
Vedanta Aluminium strengthens gender diversity with first-ever women-operated smelter line
Vedanta Aluminium, India's largest aluminium producer, has announced a transformative step towards fostering gender parity and workplace inclusion by converting an entire smelter line at its operations in Jharsuguda, Odisha, which is to be operated and maintained exclusively by women employees. The...
FORNNAX reaches new heights with groundbreaking ceremony for one of the largest manufacturing facility
FORNNAX Technology, a leading name in India's recycling equipment manufacturing sector, has achieved a significant milestone with the groundbreaking ceremony for its expansive 23-acre manufacturing site in Gujarat, India. Specializing in high-capacity and heavy-duty recycling equipment such as...
Maan Aluminium revives after unveiling its aluminium extrusion expansion plans in Madhya Pradesh, India
After hitting a 52-week low on Monday , March 3, Maan Aluminium's share price surged by approximately 5 per cent in a single day, reaching INR 98.93 on Thursday, March 6. This increase also marked a 16.12 per cent gain compared to the price of INR 85.2 on March 3. Image source: Maan Aluminium The...
India’s small-scale exporters push for import duty cuts amidst Trump tariff. Aluminium export scenario also under radar
Donald Trump's 25 per cent tariff on imported aluminium and steel, set to take effect on March 12, has left many domestic industries worried about rising prices and declining orders. As a result, India's small engineering goods exporters have called on the government to lower import tariffs on...
India: Kerala moves to auction bauxite blocks
The state government of Kerala, India, has begun the process of auctioning bauxite blocks in Kasaragod, according to Industries Principal Secretary A P M Mohammed Hanish. On the occasion of the GSI's foundation day celebrations, he commended the agency for identifying bauxite reserves in the...
