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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11th International Bauxite, Alumina and Aluminium Conference & Exhibition (IBAAS-JNARDDC 2023)
The long-awaited bauxite, alumina and aluminium conference of India (IBAAS-JNARDDC 2023) will be inaugurated on December 4, 2023, in Nagpur. On the first day of the conference, an augural function will be followed by 7 keynote addresses by leading bauxite, alumina and aluminium experts from India...
BALCO introduces state-of-the-art AI technology to ensure safe vehicular transitions at its plant
A subsidiary of the Indian aluminium giant Vedanta, BALCO has integrated Advanced Driver Assistance Systems (ADAS) and Driver Monitoring Systems (DMS) throughout their transportation chain, making inter-plant operations risk-free. This modernistic AI technology will be fundamental in augmenting...
ASI enlists VAF Def-Aero Systems Private Limited as the new Production & Transformation member
Aluminium Stewardship Initiative (ASI) announced the joining of VAF Def-Aero Systems Private Limited as the new production and transformation member. With 40 years of experience, the company is known for manufacturing precision aluminium castings in India. The company is known for providing precise...
Annual increase in India’s aluminium scrap imports justifies AAI’s demand for 10% customs duty
India’s aluminium scrap imports from the United States recovered in August 2023 by 2,300 tonnes or 5.36 per cent month-on-month to stand at 45,200 tonnes, according to the US Geological Survey data. The imports in July fell by 3,700 tonnes or 8.62 per cent to 42,900 tonnes, as a continuation of...
Only 7 days to go for IBAAS-JNARDDC 2023. Have you registered?
The 11th edition of IBAAS-JNARDDC 2023, hosted by the International Bauxite, Alumina & Aluminium Society (IBAAS) and Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), is just 7 days away. Taking place from December 4 to 6 in Nagpur, India, this conference focuses on the...
AL Biz proudly presents Scottish Chemical Industries; an expert in foundry materials
Scottish Chemical Industries, founded by Mr Kamal Khandelwal in 1985, has immensely contributed to the aluminium foundry industries. It is one of the world's largest manufacturers and exporters, certified with ISO 9001 & 14001, and has been providing high-quality products to the Aluminium, Steel,...
India's ADC12 aluminium alloy price maintains stagnancy due to lower trade activities
Aluminium ADC12 alloy ingot prices in India have remained stable at INR 182,000 per tonne, while tense scrap prices have also remained largely unchanged at INR 155,000 per tonne ex Delhi due to limited demand. The price of China Silicon 553 has decreased by 1.8 per cent w-o-w and is currently...
Hindalco’s upcoming INR 241.05 crores alumina project to help bolster Odisha’s economy
The 124th State Level Single Window Clearance Authority (SLSWCA) meeting on November 18 approved eight transformational projects totalling 1397.18 crores, bolstering Odisha's standing as an investment destination. Significant investments in aluminium, plastic, and technical textiles have increased...
Hind Aluminium’s net sales in Q2 FY2024 nosedived by 65.96% Y-o-Y
Hind Aluminium Industries Limited announced its second quarter financial results ended September 30, 2023, whereby it posted a plunge of 65.96 per cent in net sales year-on-year from INR 1.41 crore to INR 0.48 crore. However, on a quarter-on-quarter calculation, the net sales in Q2 registered an...
Innovation on track: Exploring aluminium's role in railways
Improvements in transport infrastructure have increased the need to address pollution and energy efficiency. Today, millions of people and tonnes of goods are transported on trains yearly because they are the most efficient, convenient, and comfortable means of transportation. As the transportation...
Vedanta dispatched the first batch of 'Restora'
Vedanta Aluminium leads in eco-responsibility, sending the first batch of Restora, low-carbon 'green' aluminium. Vedanta Aluminium, India's leading aluminium producer, takes a giant leap in environmental responsibility by dispatching its first batch of Restora, the nation's groundbreaking...
India’s growing low carbon aluminium recycling industry demands zero % import duty on scrap metal – Material Recycling Association of India (MRAI)
Indian aluminium demand is growing rapidly due to increased population, urbanisation and industrialisation. It is important for high-value demand segments like infrastructure - Power, Transportation, Railways, Aerospace, Building and construction, Renewable Energy and Consumer Durables to remain a...
Hindalco unveils ambitious plan to build extrusion facility for aluminium trains in India
According to the Managing Director of Hindalco Industries, Satish Pai, the company plans to inject between INR 4,000 and INR 5,000 crore annually. As much as possible, the aluminium producer is trying to complete the projects with cash generated from the company's operations. In addition to the...
Exciting times ahead: Upcoming 11th International Bauxite, Alumina & Aluminium Conference & Exhibition (IBAAS-JNARDDC 2023)
We are thrilled to announce the much-anticipated event that is set to illuminate the world of bauxite, alumina, and aluminium like never before – the upcoming 11th International Bauxite, Alumina & Aluminium Conference & Exhibition. The conference and exhibition will be held in Nagpur, India, from...
Downstream recap: US starts anti-dumping probe into aluminium extrusion imports; China’s aluminium processing PMI declines 9.1%
The downstream aluminium industry witnessed some of the big shot events this week, such as the United States initiated anti-dumping investigation against 15 extruded aluminium product exporting countries, India’s Commerce and Industry Minister Piyush Goyal assured that no unfair carbon taxes could...
Hindalco Industries raises concern over surge in Chinese aluminium foil imports
On November 10, 2023, Satish Pai, the Managing Director of Hindalco Industries, raised alarms regarding the surge in imports of Chinese aluminium foil in India, a crucial material widely employed in the packaging of food and pharmaceuticals. Satish Pai told the media in a post-earnings conference...
Hindalco's Q2: Resilient profits, growth strategies and major investment plans
Hindalco Industries records a dip from the previous year but maintains a robust performance, positioning for growth, and announces an Rs 8,000 crore investment in a greenfield alumina refinery in Odisha. Hindalco Industries announced its second-quarter financial results for the fiscal year 2023-24,...
NALCO posts nearly 50% leap in profit for Q2 FY2024 amid lower revenue from operations
On Thursday, November 9, National Aluminium Company (NALCO), a Navratna CPSE Indian metal and mining company, announced its second-quarter fiscal results of FY2023-24, whereby it reported nearly 50 per cent rise in profit to INR 1.87 billion ($22.45 million) from INR 1.25 billion a year ago....
