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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ACM manufacturer ALUCOBOND introduces three new ranges of colours and surfaces
ALUCOBOND, a trademark of Swiss-based 3A Composites, a worldwide pioneer and maker of Aluminium Composite Materials (ACM), has introduced various colours and textures called Colorscapes, Concrete, and Grove. With the addition of these three series, the company now has a variety of over 40 hues. The...
“The adoption of the Carbon Border Adjustment Mechanism (CBAM) by the EU poses a substantial challenge to India's aluminium industry and has the ability to influence the worldwide price of aluminium,” Abhijit Pati, Chief Transformation Officer, Aluminium Business, Vedanta Ltd.
Mr Abhijit Pati is the Chief Transformation Officer of Aluminium Business in Vedanta Limited. He is a name to reckon with, who owns a bag full of rich experience and illustrious career in the aluminium industry for over 30 years. An Alumni of Calcutta University, Abhijit Pati started his career as...
Imported aluminium scrap market in India shows mixed trend Week-on-Week
The Indian market for imported aluminium scrap saw varying trends this week. According to SteelMint's assessment, scrap prices diverged by approximately US$40-45 per tonne w-o-w. Adequate offers aligned with strengthening futures and buying inquiries resulted in moderate transactions in specific...
Manaksia Aluminium witnesses a Y-o-Y 17% decline in revenue and 68% plunge in net profit during Q1 FY24
On Saturday, July 29, Manaksia Aluminium Company, one of the leading producers of aluminium sheet and coil, announced its quarterly financial results for the period ended June 30, 2023. The company reported a 24.32 per cent quarter-on-quarter downfall in total income from INR 121.1212 crores to INR...
IBAAS-JNARDDC 2023: 11th International Bauxite, Alumina & Aluminium Conference 2023
We are delighted to announce the much-anticipated 11 th International Bauxite, Alumina & Aluminium Conference 2023, bringing together industry leaders, experts, and enthusiasts from around the world. This Aluminium Conference and Exhibition is being organized in Nagpur, India, during December 7-9,...
India’s imported aluminium scrap market witnessed positive pricing trends owing to improved trade activities
Aluminium, also referred to as the “wonder metal”, is going through some significant events in India’s scrap market. The market trend seems to be bullish for the time being as it has been observed that the price of India’s imported scrap aluminium of all segments is increasing. The price was...
Jindal Aluminium bags AS9100D Aerospace Certification as a proficient extrusion producer for aviation & space
Jindal Aluminium has reportedly acquired the AS9100D Aerospace Certification (based on and including ISO 9001:2015) from NVT Services, the aerospace certification agency. Jindal is India’s largest aluminium extrusion manufacturer, having an annual capacity of 2.2 lakh tonnes and over 4,500 crore...
India poised for exponential growth as the sole bright spot in the next two years: Chairman of Bosch
Bosch, the leading German industrial major and the world's largest auto components manufacturer and the producer of a wide range of aluminium profiles, envisions significant growth by establishing itself as a crucial strategic hub. Recognizing the rise of software tech disruptions and the impact of...
Vedanta posts a 6% growth in net profit for 1QFY2024 on a slightly higher aluminium output
Vedanta Limited announced the first quarter financial and operational results ended June 30 of FY2024, revealing INR 33,342 crore of consolidated revenue, down by 10.43 per cent from INR 37,225 crore in Q4 FY2023 and 12.83 per cent less than INR 38,251 crore in Q1 FY2023. The fall could be...
“JNARDDC has formulated guidelines for Dry Stacking of red mud to reduce the disposal problem. Dry stacking is the most popular and the best practice till now, followed by alumina refineries worldwide," Dr Anupam Agnihotri, Director of JNARDDC
Dr Anupam Agnihotri, Director of Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur, India, has willingly participated in our e-Magazine: 'Recycling - Reshaping the future of the Aluminium Value Chain' to share his knowledge on red mud recycling. He has spoken about...
End user recap: Torrié's 100% aluminium coffee capsules line works with all Nespresso machines
According to a manufacturer, using aluminium in the capsules allows for stronger sealing power, ensuring coffee protection against oxidation and heat resistance, which are significant factors in preserving the freshness of the fragrances. Wheels India's chairman S Ram reminded shareholders at the...
INFINITY Automatic Tinting System from Nippon coats multiple surfaces like aluminium and wood
Nippon Paint India's Wood Art division has introduced the 'INFINITY Automated Tinting System,' which offers a broad selection of colours and product solutions in the field of interior furniture coatings in India. INFINITY coatings provide a smooth and elegant finish on any surface. They may be put...
Vedanta Aluminium wins Great Place to Work® certification for its ideal work culture since years
Vedanta Aluminium has been honoured with a Great Place to Work® (GPTW) certification for the financial year 2022-2023. The credit goes to Vedanta Aluminium’s nationwide operational units, whose resiliency and commitment have brought this prestigious recognition. Undoubtedly, this certification...
Wheels India anticipates a fair growth in aluminium wheel exports to global OEMs
During the 64th AGM conducted via video conferencing on Wednesday, Wheels India's chairman S Ram informed shareholders that the company is anticipating growth in its aluminium wheels export business due to its strong relationships with global OEMs. The company will start supplying cast aluminium...
Bharat Forge's retrofitment unit to convert diesel trucks into zero-emission vehicles
Kalyani Powertrain Ltd (KPTL), the electric mobility division of Bharat Forge Ltd, has announced the establishment of a "re-powering factory" in Pune. This facility is dedicated to converting current diesel-powered commercial vehicles into electric vehicles through retrofitting. Retrofitting has...
Coal India plans to build water transport corridor to move products like aluminium
India is planning to build an industrial water transport corridor in the east. The plan, backed by Coal India, Paradip Port Authority (PPA) and the Inland Waterways Authority of India (IWAI), would cater to a major industrial cluster in India for the movement of finished products like aluminium,...
Alstom to utilize new aluminium technology for Vande Bharat trains
Alstom has reportedly announced deploying new aluminium technology for Vande Bharat trains. The news came after the company’s CEO Henri Poupart-Lafarge officially said that new tech would be deployed for Vande Bharat for the first ever. Alstom’s engineering team in Bengaluru will design the Vande...
Aludecor’s latest aluminium honeycomb panels usher in a new-age architectural design
Aludecor, India's leading brand in the premium Metal Composite Panel (MCP) market, launched its much-awaited aluminium honeycomb panels called Nexcomb, capable of ushering in a new age of architectural possibilities. Setting a new standard, Aludecor is the nation's first Metal Composite Panels...
