Primary Aluminium - Analysis And Reports
EMAL pursues PROACTIVE MAINTENANCE as a STRATEGIC lever for Cost Competitiveness
EMAL pursues PROACTIVE MAINTENANCE as a STRATEGIC lever for Cost Competitiveness
Author: Firoj Kumar Meher, Electrical Engineer, B.E.(El & TC), MBA from XLRI, Jamshedpur
The recession which started in 2008 has affected all industry sectors, aluminium being no exception. The LME has since then dropped from a high of nearly $ 3200 per ton at its peak to now hovering around $ 1800 in the face of lower global demand. That is nearly a fall of 43 %. Only a few aluminium producers have been able to sustain this shock. It has led many companies to scale back their production, some others to shutdown while for many it translates to cutting cost to remain competitive. The economic and political realities have forced managers to reduce cost.
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