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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Energy solutions provider Apraava bags a 300 MW wind energy project in Karnataka
Apraava Energy, a well-known integrated energy solutions provider, has recently talked about its final acquisition of a 300 MW wind energy project in Aski, Karnataka. The project is a part of the 1,200 MW auction capacity of Inter-State Transmission System (ISTS)-connected wind power projects...
Jindal Aluminium wins the National Award for export excellence by EEPC
Jindal Aluminium, India's largest aluminium extrusion company, announced its recognition as the 'Star Performer' in the large enterprise category for 'Aluminium and Articles thereof' at the Engineering Export Promotion Council (EEPC) National Export Awards 2023 (in its 2019-20 edition). This...
AL Biz welcomes Accurate Sales & Services to its list of 1800+ sellers
Accurate, a pioneer in metrology solutions in India since its inception in 1963, the company has provided solutions to various industry segments such as automobile, engineering, aerospace, railways, energy, oil and gas, medical engineering, government sector and technical education. AL Biz is...
JSW Renew Energy upholds the first phase of its 51MW capacity wind energy project in Tamil Nadu
JSW Renew Energy has announced the commissioning of the first phase of its 810 MW wind energy project in Tamil Nadu, which has a capacity of 51 MW. Solar Energy Corporation of India (SECI) was approached for a power purchase agreement (PPA) of 25 years. This project was awarded to JSW Renew Energy...
Viva Composite Panel elevates industry presence by joining AL Biz
Viva, a prominent player in the Aluminium Composite Panel (ACP) industry, has emerged as a leading manufacturer and supplier of high-quality ACP sheets in India. Originating from a humble start in 2003 in Mumbai, Maharashtra, their journey has been marked by a commitment to turning cladding dreams...
Green aluminium recovery specialist Runaya might volunteer to treat mine tailings
Runaya, a manufacturing startup, is committed to expanding its portfolio and venturing into the mine tailings treatment space to contribute to a sustainable future. As Naivedya Agarwal, co-founder and CEO, states, tailings are the by-products of mining activities that must be managed or disposed of...
Mahindra subsidiary begins Li-ion battery recycling in alliance with e-waste management firm Attero
Mahindra Last Mile Mobility Limited (MLMML), an electric 3-wheeler manufacturer and a subsidiary of Mahindra & Mahindra in India, has entered into a partnership with Attero, a global leader in Lithium-ion battery recycling and e-waste management. This partnership addresses the environmental...
End user weekly: FAIAUM National Meet held in Delhi conversed to develop a responsible aluminium utensils market in India
The Federation of All India Aluminium Utensils Manufacturers (FAIAUM) organised a national meet in New Delhi, where the Secretary of the Ministry of Consumer Affairs, Rohit Kumar Singh, emphasised the need to adopt standards for manufacturing aluminium products with a sharp assessment of cost...
Suzlon gets commissioned by KP Group to construct a 193.2-MW wind energy project in Gujarat
Suzlon Group, a company that provides renewable energy solutions, announced on December 21, that it has secured a contract from KP Group to develop a significant 193.2-MW wind energy project in Gujarat. The new order is part of a wind-solar hybrid and STU's (State Transmission Utility) tariff-based...
FAIAUM’s National Meet affirms to set a consumer-oriented tone in the Indian aluminium utensils market
The Federation of All India Aluminium Utensils Manufacturers (FAIAUM) recently organized a national meet in New Delhi, where the Secretary of the Ministry of Consumer Affairs, Rohit Kumar Singh, strongly emphasised the need to adopt standards for manufacturing aluminium products with a sharp...
Hardwyn India develops new aluminium profile division eyeing INR100 crore net sales by 2025
Hardwyn India Ltd is a well-known manufacturer of architectural hardware products. Recently, the company launched a new division called Slim-X that specialises in producing exceptionally thin and high-performing aluminium profiles. With its high-end technology and phenomenal design, the company...
US aluminium scrap exports record a sequential dip of 2% in Q3 2023, contributed by a fall in India’s imports
In Q3 2023, which ended September 30, the United States exported 532,000 tonnes of aluminium scrap compared to 543,000 tonnes in the previous quarter, according to the US Geological Survey data. That recorded a sequential decline of 2.03 per cent, following a quarter-on-quarter rise of 7.1 per cent...
Indian ADC12 aluminium alloy price augments due to heightening raw material rates
Aluminium ADC12 alloy ingot automobile spot prices in India rose by INR 2,000 per tonne to INR 183,000 per tonne, tracking higher Tense scrap prices by INR 1,000 per tonne to INR 154,000 per tonne exy Delhi, excluding GST, w-o-w, as per SteelMint's assessment. This is due to the limited...
UK plans to impose carbon tax on aluminium and steel starting 2027
The United Kingdom is set to introduce a carbon border tax starting in 2027 for imports of key industrial materials, including aluminium, iron, steel, ceramics, and cement. This initiative mirrors the European Union's approach and aims to factor in the carbon emissions linked to manufacturing...
Imported aluminium scrap to India projects a bright future amidst lowering trade activities
The Indian aluminium scrap market has experienced a significant increase in prices owing to the rise in futures contracts on the London Metal Exchange (LME). Despite this, transactions in the western region have been limited due to the absence of major trade participants with the Christmas festival...
Hindalco signs battery-grade aluminium foil supply deal with US-based lithium-ion firm C4V
The establishment of Hindalco's battery foil manufacturing unit in Odisha might be the motivation behind C4V's forging of a contract with one of the largest aluminium manufacturers in India. This partnership will enhance trade relations between the companies, ensuring an uninterrupted flow of...
Kent RO plans venturing into the Indian cookware market with hard-anodised aluminium utensils
India's one of the leading brands in the domestic RO purifier market, Kent RO, has announced a recent company diversification. The RO maker is now going to venture into the premium cookware market. The company has specified that it would amalgamate stainless steel and aluminium to produce...
Downstream aluminium recap: Hindalco to build a new aluminium battery foil manufacturing facility worth INR 800 Cr. in Odisha
Hindalco Industries announced plans to spend INR 800 crore in constructing a battery foil production plant in Sambalpur, Odisha, to enter the rapidly expanding electric car industry. Ball Aerospace was selected to lead a concept study for NASA's planned Chromospheric Magnetism Explorer (CMEx)...
