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BALCO aluminium wire rods play a key role in India's power infrastructure
21 Jun 20262MINS
Downstream
Although BALCO, owned by Vedanta, doesn’t get a lot of attention for its aluminium wire rods, they are an important part of the supply chain for power transmission and distribution projects across India. BALCO manufactures the wire rods at its Korba plant in Chhattisgarh and sells them to cable and conductor manufacturers who use the rods to make products used in power lines, electrical infrastructure and industrial applications. The rods are made from electrical grade aluminium and engineer ...
Mecwin and Fraunhofer IWKS join hands to advance rare earth magnet manufacturing in India
21 Jun 20262MINS
SupplementAL
Mecwin Technologies India Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with Germany-based Fraunhofer IWKS to support development and production of sintered neodymium-iron-boron (NdFeB) permanent magnets in India. The partnership is meant to augment India’s capabilities in manufacturing rare earth magnets, a segment gaining strategic importance in view of growing demand from electric vehicles, renewable energy systems, industrial equipment and defence applications. Under the terms ...

21 Jun 20263MINS
Alumina
This week, trading sentiment weakened somewhat for domestic aluminium fluoride enterprises, with prices running steady. As of now, SMM’s aluminium fluoride reference price is RMB 11,280-11,700 per tonne; cryolite prices also held steady, with SMM’s reference price at RMB 7,000-8,500 per tonne. Raw material side, the 97 per cent fluorite wet powder market was largely stable, with mainstream delivery-to-factory prices at RMB 3,100-3,400 per tonne, and notable price spreads by region. Supply sid ...
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