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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Primary weekly: Epsilon Carbon becomes the first Indian exporter of liquid coal tar pitch
Epsilon Carbon Pvt. Ltd., a significant leader in India's speciality carbon product manufacturing sector, unlocked a critical milestone. They were thrilled to be the first Indian company to export liquid coal tar pitch, with an initial shipment of 8,000 tonnes sailing from Mangalore port. The EU's...
IIT Madras’ Avishkar Hyperloop project unveils the Garuda 6.0 prototype with aluminium honeycomb chassis
Talented students at the esteemed Indian Institute of Technology (IIT) Madras have sparked renewed enthusiasm for cutting-edge, high-speed transportation in India. Their groundbreaking project, 'Avishkar Hyperloop,' challenges traditional notions of inter-city travel by proposing a passenger pod...
Delayed RODTEP rates for SEZs And EOUs cause 2-3% profit drop in Indian aluminium industry
The aluminium industry in India is currently experiencing a 2 to 3 per cent decline in its profits, primarily attributed to the delay in releasing the Remission of Duties or Taxes on Export Product (RODTEP) rates for special economic zones (SEZs) and export-oriented units (EOUs). In the fiscal year...
India’s requirement for aluminium intensifies amidst global economic crisis and dismay
India is the only country that stands out from the rest of the world regarding aluminium production and consumption amidst a down market projecting a slow recovery in 2023. The government's strong emphasis on new infrastructure, particularly green energy, drives domestic consumption and overall...
Imported aluminium scrap prices experience minor fluctuations in India
In the Indian imported aluminium scrap market, minor fluctuations were observed in line with movements in the futures exchanges, which displayed a week-on-week divergence but generally showed an upward trend. Sources within the industry have disclosed that the availability of raw materials in...
Epsilon Carbon becomes the first Indian exporter of liquid coal tar pitch
Epsilon Carbon Pvt. Ltd., a prominent player in India's specialty carbon product manufacturing sector, achieved a significant milestone. They proudly became the first Indian company to venture into the export of liquid coal tar pitch, with an impressive initial consignment of 8,000 tonnes departing...
CMPDI expands expertise into non-coal exploration with impressive bauxite exploration
Central Mine Planning and Design Institute (CMPDI), a Mini Ratna Company and subsidiary of Coal India Limited, has ventured into non-coal exploration activities, marking a significant expansion of its expertise. They have recently submitted a comprehensive geological report for bauxite exploration....
Shyam Metalics debuts in the lithium-ion cell manufacturing market with battery-grade aluminium foil
Shyam Metalics and Energy Limited, a notable integrated metal manufacturer, has made a significant entrance into the energy storage market with its battery-grade aluminium foil, a fundamental component in lithium-ion cells. Shyam Metalics & Energy Ltd. is a well-known integrated metal manufacturer...
Vedanta Aluminium applauds its engineers’ dedication towards technological advancement on National Engineers Day
Vedanta Aluminium, India’s leading aluminium producer, commemorated National Engineers Day with an assurance to foster a workforce of highly skilled engineers. On the special day, Vedanta celebrated its engineers’ unwavering commitment to operational excellence, technological innovation, and...
EU Carbon Mechanism spurs steel import costs, shifts focus to alternative metals like aluminium
The EU's Carbon Border Adjustment Mechanism (CBAM) is poised to significantly increase the costs of steel imports from countries such as India and China. Set to be introduced next month, this carbon scheme is expected to shift its attention to other metals, including aluminium. Starting in 2026,...
Downstream weekly: Lizhong Group accelerates success, bags second major aluminium alloy wheels supply contract in record time
This week, the downstream aluminium sector has witnessed exciting movements, with Guangdong Fenglu Aluminium Co., Ltd. making progress on their aluminium and metal processing project in Xinxing County. All seven bidding sections of the first phase have achieved their construction milestones, and...
Swaraj Aluminium joins the world’s first aluminium B2B platform, AL CircleBiz
Swaraj Aluminium, a Gujarat-based manufacturer and supplier of aluminium sheet, coil and foil, has been successfully registered by AL CircleBiz. From the beginning, there has been a strong emphasis on the quality of the products, leading Swaraj Aluminium to ensure that only materials of superior...
India’s aluminium scrap imports from the US mark a 2% rise in H1 2023 after trending up through the year
According to the US Census Bureau data, India’s aluminium scrap imports from the United States during the first half of 2023 ended June 30 totalled 231,000 tonnes, registering an increase of 4,000 tonnes or 1.76 per cent from 227,000 tonnes a year ago. In the second quarter of the year, India’s...
India likely to witness two-fold aluminium demand growth by 2033: Nilesh Koul at Fastmakets
An executive of Hindalco Industries Limited, Nilesh Koul, rightly pointed out at the Fastmarkets aluminium conference in Barcelona that India's aluminium industry future looks radiant amid a muted or downtrend global picture. Thanks to the infrastructure provided by the government, the Indian...
Russia increases alumina imports from India
In recent months, Russia has increased its imports of alumina, the primary aluminium feedstock, from India to supply its extensive Siberian plants. This strategic move has allowed Russia to diversify its supply sources, reduce its reliance on China, and lower production costs. Following its...
End-user aluminium recap: Hindalco invites Italian extrusion specialist Metra SpA to develop lightweight aluminium rail coaches in India
The end-user aluminium sector marked exponential advancements this week. Hindalco Industries and Metra SpA formed a technological alliance, with the latter providing structured and value-added aluminium extrusions for the creation of lightweight aluminium rail coaches in India. The agreement was...
“Recognising the opportunities and potential for growth in aluminium recycling, Recykal aims to leverage its expertise and technology-driven waste management solutions,” Abhishek Deshpande, Co-Founder & COO of Recykal
AL Circle: Can you please share the journey of Recykal from its inception? Abhishek Deshpande : Recykal was founded in 2016 with the mission to divert at least 5% of waste from landfills and channel it to recycling and reuse. It launched India's first managed marketplace in 2018 formalising the...
EPIQ Machinery strives to serve Indian aluminium market with better handling equipment by acquiring Stymer Technologies
EPIQ Machinery has reportedly acquired Stymer Technologies, a Pune-based Engineering services company, under ADF Engineering, a subsidiary of EPIQ Machinery. The news came on Thursday, September 14, after the company’s Chief Executive Officer, Éloïse Harvey; Operation Manager, Bhushan Bachhav; and...
