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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Landmark deal brings low-carbon aluminium to the US building sector
While millions of residents in major American cities were starting their day in sleek high-rise apartments, a significant agreement was being finalized in an unassuming office located in Mumbai. This agreement involved Indian producers and Reflection Window and Wall (RWW), aimed at ensuring those...
Scottish Chemical Industries joins AL Biz with an extensive variety of foundry materials
Scottish Chemical Industries (SCI) is a leading manufacturer and exporter of foundry products. Established in 1984, the company has provided high-quality products to the Aluminium, Steel, Copper, and Brass foundry industry for over 35 years. SCI has expanded to five manufacturing plants in Mumbai...
DGTR initiates probe to review the anti-dumping duty on imported aluminium wheels from China
The Directorate General of Trade Remedies (DGTR), which operates under the purview of the commerce ministry, has commenced an inquiry to reassess the necessity of maintaining the anti-dumping tariff on imported aluminium alloy wheels from China. Grievances expressed by the domestic industry have...
Indian aluminium industry weekly trends: Price adjustments in P1020 ingot segment amidst steady ADC12 alloy prices
During the previous week, the Indian base metals market displayed a mixed performance, with positive and negative moves and some minor price swings. Although domestic aluminium prices remained relatively stable, the imported market experienced higher price volatility. Throughout the week, the...
Introducing Vedanta Aluminium Metal, a new wholly-owned subsidiary of Vedanta’s aluminium business
On Friday, October 6, mining company Vedanta Limited formed a new wholly-owned subsidiary for its aluminium business named Vedanta Aluminium Metal. Registered in Maharashtra, India, the newly incorporated subsidiary will have authorised and subscribed capital of INR 1,00,000, representing a share...
Technological innovations and manufacturing excellence will propel Indian automotive exports to reach $1 trillion by 2035
A new report released on October 4, 2023, indicates that India could achieve a $1 trillion export-driven automotive industry by 2035, focusing on manufacturing excellence, innovation, and technological dominance. According to a report from the Boston, USA-headquartered international management...
Hindalco's ambitious plan: 2 MTPA alumina refinery to transform Odisha's industrial landscape
Hindalco Industries, the leading Indian aluminium manufacturing company, is set to establish a two million tonnes per annum (MTPA) alumina refinery plant in the Rayagada district of Odisha. In this context, the Odisha Mining Corporation (OMC) has entered into a Memorandum of Understanding (MoU)...
Indian scientist Bisma Parveez redefines the automotive sector with a lightweight aluminium variant
The automotive industry has been pursuing lightweight construction to enhance acceleration and fuel efficiency. To address this challenge, Material Scientist Bisma Parveez from Srinagar, India has developed a new aluminium-infused material that promises to transform the automotive landscape. Bisma,...
Aluminium formwork maker Knest releases new campaign video featuring Rahul Dravid as brand ambassador
Knest, the largest aluminium formwork company in India and the fastest-growing one globally has released a new ad film featuring Rahul Dravid, popularly known as Mr. Dependable, as part of its ongoing nationwide campaign 'As Dependable As It Gets.' The cricketing legend is the brand ambassador for...
American aluminium extrusion producers file trade petitions to combat illegal and unfair dumping and subsidies from 15 countries, Wiley Rein LLP reports
The U.S. Aluminium Extruders Coalition and the United Steelworkers (USW) union today filed petitions charging that unfairly traded imports of aluminium extrusions from China, Colombia, the Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey,...
India's domestic non-ferrous metal demand to grow 9% over the next two FY: ICRA
On the supply side, there are indications of an increase, notably in China, which is expected to lead to an excess metal balance for the current calendar year. As a result, metal prices are unlikely to see significant improvements in the near term and the profit margins of the industry are expected...
Hindalco’s Kuppam Works gets ASI’s CoC Standard certification for the second time for producing aluminium extrusion profiles
Aluminium Stewardship Initiative has reportedly certified Hindalco Industries Limited’s Kuppam Works plant in Andhra Pradesh, India, against Chain of Custody (CoC) Standard V1 (2017) certification. The plant has achieved ASI’s CoC certification for the second time. In August 2023, the facility...
Epsilon Group acquires Johnson Matthey’s LFP cathode technology centre in Germany
Epsilon Group, headquarters in Mumbai-India, supplies coal tar derivatives to key industries such as aluminium, graphite, carbon black, and speciality chemicals and is a manufacturer of battery material solutions, producing high-calibre, innovative, and environmentally conscious lithium-ion battery...
India’s imported aluminium scrap prices show volatile trend W-o-W owing to fluctuations in future exchanges
India's imported aluminium scrap prices have shown mixed sentiments in line with movements in futures exchanges, which had w-o-w divergences but primarily exhibited a negative trend. The current state of the aluminium market is characterised by a diverse environment driven by various significant...
Vedanta’s aluminium production repeats 2% Y-o-Y growth rate in Q2 FY2024; Shares rebound on demerger plans
Vedanta Limited, an Indian multinational mining company, has announced its metal output report for the second quarter of FY2023-24 ended September 30. As per the report, Vedanta produced 594,000 tonnes of aluminium compared to 579,000 tonnes in the June quarter . That reflected a sequential rise of...
Green energy initiative: Adani Group decides to construct a 10GW solar manufacturing unit by 2027
Adani Group, already one of the world's largest solar power producers, announced the expansion of its solar manufacturing business to meet the growing demand for solar panels in India and worldwide. Aluminium is preferred for making solar panels due to its lightweight properties and tensile...
Indus Towers partners with IOC Phinergy to deploy aluminium-air technology zero-emission energy systems
India's largest mobile tower installation company, Indus Towers, has signed an agreement with IOC Phinergy (IOP) to deploy 300 zero-emission energy systems to cut diesel consumption at Indus' telecom tower sites. According to the company's statement, Indus Towers will accelerate its sustainability...
Indian aluminium players elevate aluminium ingot prices this week; Vedanta’s price sees a hike of INR10,000/t
Indian aluminium players have increased their aluminium selling price this week in tandem with the LME aluminium growth trend. Vedanta has increased its aluminium ingot and aluminium products prices twice this week, while Hindalco once so far. On Friday, September 29, Vedanta expanded its aluminium...
