India’s electronics aluminium demand to grow 10.18% CAGR: Why aren’t makers benefiting from strong domestic production?
India’s aluminium smelters operate with some of the highest margins in the value chain, at around 10 per cent, but this profitability is not reflected among downstream manufacturers, where margins are closer to 5 per cent. These companies convert the metal into finished products such as heat sinks,...
India's ₹9,150b power grid push could drive new aluminium demand
India's planned transmission investment and renewable-energy expansion could lift aluminium consumption in electrical applications to 4 million tonnes by FY30. India's push to expand its electricity transmission network is emerging as a major potential growth driver for aluminium, with the...
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Indian Railways' East Central zone sees 19.23% surge in bauxite rake loadings
The fourth largest railway network operator, Indian Railways' East Central Railway (ECR), reported a notable increase in income from all sources, including freight, during the first five months of the current financial year 2024-25. The railway zone's initial revenue reached INR 13,469 crore,...
Europe’s carbon border tax fuels green power rush amongst Indian aluminium & steel producers
The push to minimise emissions is not just limited to major aluminium and steel companies, infact their suppliers are also under pressure to reduce emissions across the supply chain. Renewable energy providers report that demand has surged beyond available capacity, with upcoming production already...
India: DGTR recommends above $600/t of anti-dumping duty on Chinese aluminium foil imports
On Friday, August 30, the Directorate General of Trade Remedies (DGTR) under the Ministry of Commerce and Industry suggested an anti-dumping duty on Chinese aluminium foil imports as it observed Chinese foils accounting for 30 per cent of the Indian market despite adequate domestic production...
NALCO’s subsidiary KABIL signs MoU with Oil India Ltd. to develop critical mineral projects
The National Aluminium Company Limited’s subsidiary KABIL has reportedly signed a memorandum of understanding with Oil India Limited to explore and develop critical mineral projects jointly. Signed at NALCO’s headquarters in Bhubaneswar, the MoU aims to build a strong collaboration between KABIL...
Indian Government mandates 5% recycled content in non-ferrous metal products, including aluminium
A significant step has been taken towards the non-ferrous metals industry by the Government of India by mandating the 5 per cent content of recycled aluminium in all new products from the beginning of the financial year 2027-28. The mandate is for non-ferrous metals like aluminium, copper, and...
Gravita India to slash lead shares by 70% in a bid to expand its aluminium recycling operations
Gravita India is set to reduce the share of lead in its portfolio and expand into aluminium recycling, rubber, and lithium battery. The Jaipur-based recycling firm will decrease the share of lead from 88 per cent to 70 per cent, as Navin Prakash Sharma, the Executive Director of the firm...
Hind Aluminium’s net profit crippled in Q1 FY2025 by 98% Y-o-Y
Hind Aluminium, a manufacturer of aluminium & alloy conductors and aluminium wire rods, announced its first quarter financial results for the fiscal year 2024-25, reporting a fall in net sales to INR 0.25 crore. On a quarter-on-quarter basis, the Q1 net sales decreased by 24 per cent from INR 0.33...
Vedanta plans to set up industrial parks for aluminium, silver and zinc, says Anil Agarwal on LinkedIn
Vedanta Limited, an Indian multinational mining company, is reportedly planning to establish two industrial parks, one for aluminium and one for silver and zinc. The news came on Wednesday, August 28, after Vedanta's chairman Anil Agarwal announced it on one of his LinkedIn posts, indicating a...
US anti-dumping measures dampen China’s July aluminium extrusion exports, resulting in 75% M-o-M fall
According to China customs data, domestic aluminium extrusion exports in July 2024 amounted to 90,300 tonnes, marking a dramatic month-on-month fall of 74.8 per cent but a modest rise of 0.83 per cent year-on-year. In June, Chinese aluminium extrusion exports, including HS codes 76041010, 76041090,...
Indian manufacturer Ramakrishna Forgings secures prestigious award from Dana
The Ohio-headquartered global leader in drivetrain and e-propulsion systems, Dana, has unveiled its 2023 Supplier Awards recipients. Eight companies across five countries were honoured for their outstanding contributions to Dana's strategic goals. Among the winners is India's Ramkrishna Forgings, a...
Aluminium foils and food wrapping paper: Govt. of India sets rules for sale
The Ministry of Consumer Affairs, Food, and Public Distribution, Government of India, has issued a notice regarding the appropriate units of measurement for the sale of food wrapping paper and aluminium foils used for carrying food products. These products are sold by weight (in kilograms) and/or...
Indo-Japan partnership expands, JNARDDC and Daiki Aluminium sign MoU for recycling unit
A strategic collaboration has been formed between India's Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur, and Japan's leading aluminium product manufacturer, Daiki Aluminium Industry Company Limited. The collaboration aims to strengthen the Indo-Japanese...
Hindalco Industries plans to invest $10 billion in aluminium and copper expansion projects, says Chairman
Aditya Birla Group-owned Hindalco Industries announced in its annual general meeting on August 22 that it would invest $10 billion in capacity expansions. Chairman Kumar Mangalam Birla distinctly outlined his plans for ongoing and near-term projects related to aluminium and copper smelters,...
Vedanta Aluminium obtains several accolades at CII for achieving energy efficiency at Lanjigarh refinery
Vedanta Aluminium, India's largest aluminium producer, has again bagged recognition for its energy-efficient practices at Lanjigarh alumina refinery. This time, the company received several awards at the Confederation of Indian Industry (CII) National Energy Efficiency Circle Competition 2024....
Jharkhand’s new mining tax set to drive up mineral prices across India
The eastern Indian state of Jharkhand has taken a significant step toward imposing new taxes on mineral production, a move poised to increase the prices of key resources such as coal to bauxite. According to sources familiar with the matter, the state assembly has passed the Jharkhand Mineral...
78th Independence Day: Priya Agarwal Hebbar launches phase 3 of women-exclusive night shift project at Vedanta Aluminium
On India's 78th Independence Day, Vedanta Aluminium, India's largest aluminium producer, has launched Phase Three of Project Shree Shakti, a pioneering initiative to induct women employees into the night shift at its smelter operations in Jharsuguda, Odisha. The latest phase of this project, the...
Dapoli bauxite mining under NGT's radar for alleged environmental violations
The National Green Tribunal (NGT) 's decisive action against Mumbai-based Ashapura Meinchem Limited for environmental violations is a major development in India's mining sector. The tribunal's scrutiny comes in response to severe accusations of non-compliance with specific conditions outlined in...
Discover CleanGreen metals: Premium recycled metals for B2C and B2B markets
Recyclekaro, renowned for its leadership in e-waste and lithium-ion battery recycling, is launching CleanGreen Metals, an innovative marketplace focused on premium recycled metals. As a new subsidiary of Recyclekaro, CleanGreen Metals will cater to both B2C and B2B markets, offering a broad...
