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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Downstream weekly recap: Jindal Aluminium invests INR150 cr to augment its Bhiwadi plant’s aluminium production
The downstream aluminium sector witnessed significant developments this week. According to Pragun Khaitan, Vice-Chairman and Managing Director of Jindal Aluminium Ltd (JAL), the company plans to spend INR 100-150 crore to increase the production capacity of its Bhiwadi plant by 60,000 tonnes...
US aluminium scrap exports fall 9000 tonnes M-o-M, but exports to India grow 9.34%
The United States’ aluminium scrap exports in April 2023 stood at 167,000 tonnes, reflecting a month-on-month fall of 9,000 tonnes or 5.11 per cent from 176,000 tonnes, found the US Geological Survey. The downfall in April followed a hike in the previous month by 17,000 tonnes or 10.69 per cent...
Triumph gets ready to launch Rocket 3 featuring an aluminium frame for 2024
UK's largest motorcycle manufacturer, Triumph, has unveiled the first look of its Rocket 3 cruiser bike for 2024. The new model features a sturdy aluminium frame and a single-sided cast aluminium swingarm, which unquestionably makes its construction sustainable and eco-friendly. Triumph Rocket 3...
Maruti Suzuki dampens (ADC12) aluminium alloy ingot price citing lower auto production amidst 2.3% Y-o-Y sales hike
Maruti Suzuki India Limited, the largest automobile manufacturer in India and a major consumer of aluminium, has released its monthly settlement prices for aluminium ADC12 alloy ingots for July 2023 at INR INR 204,000 per tonne. This is a decrease of INR 2,900 per tonne compared to its settlement...
India’s Lunar Mission: ISRO’s GSLV launch vehicles primarily had an aluminium alloy composition
India’s third attempt at a successful moon mission, Chandrayan-3, is scheduled to be launched today at 2.35 pm from Satish Dhawan Space Centre, Sriharikota. ISRO designed the Launch Vehicle Mark-III or LVM3, earlier called Geosynchronous Satellite Launch Vehicle Mark-III or GSLV Mk III, a...
Imported aluminium scrap prices in India record W-o-W fall of US$50/t
The Indian imported aluminium scrap market recorded unpredictable patterns and considerable price contraction W-o-W in some grades by up to US$50 per tonne. As of today, Middle East-origin aluminium tension prices contracted by up to $50 per tonne to $1,520 CIF, whereas the remaining scrap grades...
Taural India participates in GIFA 2023: Flagship aluminium sand-casted designs on display
Taural India, a turnkey aluminium solutions provider, participated in the international GIFA 2023 exhibition to showcase their impressive achievements in aluminium sand casting. The event allowed Taural India to exhibit their dedication to the "Make in India" and "Atmanirbhar Bharat" initiatives,...
LSKB Aluminium Foils Pvt. Ltd. joins ASI as a new Production and Transformation member
Aluminium Stewardship Initiative has reportedly announced the joining of LSKB Aluminium Foils Pvt. Ltd. as a new Production and Transformation member. LSKB Aluminium is a leading producer and supplier of high-quality house foils, laminates and lids for the healthcare, food and beverages, FMCG and...
Perfora reveals India’s very first aluminium handle electric toothbrush for sustainable habits
India's top digital oral care brand, Perfora, has introduced the game-changing Aluminium Handle Electric Toothbrush. This innovative toothbrush is a breakthrough in oral hygiene, setting a new sustainability and environmental consciousness standard. Perfora's toothbrush handle is made of aluminium,...
Non-ferrous scrap market in India witness mixed pricing trends
The non-ferrous metals market in India is displaying mixed pricing trends. Aluminium prices are relatively stable, maintaining a consistent range. However, specific grades of aluminium are facing a decline in prices due to decreased demand. On the other hand, copper prices have rebounded, primarily...
Jindal Aluminium invests INR 150 cr to augment the capacity of its Bhiwadi plant
Jindal Aluminium Ltd (JAL) is plotting to spend between INR 100-150 crore to expand the production capacity of its Bhiwadi plant by 60,000 tonnes per annum, according to Pragun Khaitan, the company's vice-chairman and managing director. This investment follows a previous investment of INR 250 crore...
Darpa Engineering joins AL CircleBiz's B2B platform with over 1200 verified aluminium sellers
Founded in 2011, Darpa Engineering is one of India's top producers and exporters of sheet metal stampings, non-ferrous castings (aluminium, copper, brass, and bronze). They export more than 80% of their goods to the United States and Germany and provide cost-effective solutions for international...
Hindalco Industries to commence full-scale alumina sales in Japan
The Indian aluminium major, Hindalco Industries and the parent company of Novelis will commence full-scale alumina sales in Japan. With a dedicated Japanese corporation and warehouses at major ports, Hindalco aims to be among Japan's top three alumina suppliers. Hindalco plans to offer high-end and...
T-Works gets Swiss-based digital cutter for cutting materials like aluminium and wood
Hyderabad-based T-Works, an initiative of the Telangana Government and India’s largest prototyping centre, has recently collaborated with Vasantha Group to get precision digital cutting equipment worth INR2 crore for T-Works via its CSR financing scheme. The Swiss-made Zund precision digital cutter...
India lodges anti-dumping probe against cheap aluminium solar frame imports from China
The Ministry of Commerce and Industry in India has expressed plans to initiate a new investigation concerning the import of aluminium frames for solar modules. This development comes after the conclusion of an investigation into solar cells from China, Thailand, and Vietnam in December 2022....
Vedanta Aluminium deploys 44 electric lithium-ion forklifts in partnership with GEAR India
Carried out in partnership with Gemini Equipment and Rentals Private Limited (GEAR) India and TARON Lift & Move, Vedanta Aluminium has deployed 44 electric lithium-ion forklifts throughout its Odisha and Chhattisgarh businesses. The corporation has also pledged to decarbonise 100 per cent of its...
Epsilon Carbon to export liquid coal tar pitch in a landmark deal with South32
Epsilon Carbon, an eminent Indian manufacturer specializing in coal tar pitch derivatives, has recently entered into a partnership with South32, an international mining and metals corporation. The agreement entails importing liquid coal tar pitch from Epsilon Carbon to South32's South Africa and...
Imported aluminium scrap prices in India witnessed volatile trends, declining by $120/t W-o-W
The Indian imported aluminium scrap market recorded unpredictable patterns and considerable price contraction W-o-W in some grades by up to $120 per tonne. As of today, US and Middle East-origin aluminium talk prices fell by up to $120 per tonne to $4,480 per tonne and $4,350 per tonne,...
