Industry News

China’s may aluminium imports drop 16% year on year

  China’s aluminium imports in may fell 16.4 per cent from the same month a year earlier, government data showed …
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Alu Smelters’ profits declined amid plummeting prices

  In terms of raw materials, alumina prices inched lower last week. Despite a mild rally of thermal coal prices, …
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Demand, margin worries weighing on aluminium prices

  The global aluminium supply and demand situation may have altered for the worse. Prices have dropped 35 per cent in the …
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Sterlite Copper puts Tuticorin Copper smelter on sale

  Vedanta Group company, Sterlite Copper has issued advertisements about the sale, inviting Expressions of Interest for the Tuticorin plant, …
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To accelerate EV push, battery solutions per Indian needs

  NITI Aayog, DST meet battery makers, academia amid incidents of electric two-wheeler fires; govt, industry plan open source battery …
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Scientists Develop Tin-Lead Perovskite Cells to Enhance Efficiency and Stability

Scientists at the National Renewable Energy Laboratory (NREL) of the U.S. Department of Energy have created a tin-lead perovskite cell that solves …
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Hindalco doubles Q4 net profit as India biz shines

Aditya Birla group company Hindalco Industries Ltd announced its consolidated March quarter results with net profit nearly doubled to a …
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EGA welcomes global aluminium leaders to Dubai for industry meet

United Arab Emirates: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside of oil and gas, …
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Global aluminium output flat y-o-y at 5.599 mln T in April -IAI

Global primary aluminium output in April was unchanged year on year at 5.599 million tonnes, data from the International Aluminium …
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International Aluminium Institute issues update to Red Mud sustainable use guidelines

The International Aluminium Institute published its revised guidelines for sustainably managing bauxite residue or “red mud,” updating its Bauxite Residue …
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India’s shift to electric vehicles will lead to more copper imports

India’s import dependence on copper will go up with the rapid adoption of electric mobility and shift to renewable energy …
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Vedanta Aluminium To Source 380 MW Green Power for Smelters

Vedanta Aluminium on Monday announced it will source 380 MW of green power on a long-term basis for its smelters …
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Hindustan Copper draws up Rs 5,500-crore ore expansion capacity

Hindustan Copper draws up Rs 5,500-crore plan to expand its ore capacity The company targets to complete the fist phase …
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Copper prices declining on demand concerns

Copper prices were under pressure Monday morning, with London Metal Exchange (LME) three-month metal falling below the $10,000 per tonne …
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Chile’s mining sector contracts in March as local copper production falls 5%

According to Chile’s National Institute of Statistics (INE), the country’s Industrial Production Index (IPI) increased 0.8% in March 2022 due …
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Copper price falls to 5-month low on China lockdown worries

The copper price slipped on Monday as covid-19 lockdowns in China and prospects of aggressive US rate hikes fuelled recession …
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Antofagasta expects high copper prices for next 12 months, CEO says

The copper market has solid fundamentals despite current market volatility and will maintain high prices for at least the next …
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Govt recommends continuation of anti-dumping duty on Chinese Aluminium foil

The commerce ministry has recommended the continuation of anti-dumping duty on Chinese aluminium foil, used in food and pharma sectors, …
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Rising energy cost and supply disruption impact on aluminium prices: Icra

Global aluminium prices have jumped a sharp 18% in March so far compared to those at the end of January, …
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Aluminium Stewardship nitiative Certifies Magna BDW Die Cast Plant In Germany

Trade group Aluminium Stewardship Initiative announced this week the certification of the Magna BDW technologies GmbH Markt Schwaben plant in …
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Novelis Aluminium Beverage Can Recycling Plant achieve milestone in Korea

Atlanta’s rolled aluminium firm Novelis announced that its subsidiary Novelis Korea has reached the milestone of recycling 2 million short …
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IAI release study on Aluminium’s Significant Contribution to a Circular Economy

Industry trade group International Aluminium Institute (IAI) released a report this week detailing a study that shows aluminium beverage containers …
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The Net-Zero shift starts With Low Carbon Aluminium

2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses …
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Primary Aluminium demand will increase over 40 pc by 2030 : IAI report

As per the International Aluminium Institute recent report predicted a jump of 40 percent in aluminium demand by the end …
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Vedanta Shuts Thermal Power Unit, Gridco In a Spot

Vedanta Limited has shut down the second unit of its 4X600 MW Jharsuguda thermal power plant from Sunday last which …
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Vedanta Aluminium Business To Bring Two Mines Into Operation

Vedanta’s aluminium business, which has not been impacted majorly by COVID-19, would focus on backward integration in the next fiscal …
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Crisil Upgrades Vedanta’s Credit Rating; Outlook Revised To Stable

Crisil has upgraded its rating on the long-term bank facilities and debt instruments of Vedanta Ltd to ‘AA’. Instruments with …
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Hindalco PAT Jumps 96% In December Quarter, Stands At Rs 3,675 Crore

Hindalco Industries Ltd, Aditya Birla Group’s metals flagship company reported a 95.7 per cent jump in consolidated profit after tax (PAT) …
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Vedanta Launches Green Aluminium

Vedanta unveiled two product lines — Restora (low-carbon aluminium) and Restora Ultra (ultra-low carbon aluminium) –under the new brand. A …
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ASK Chemicals Group completes acquisition of the industrial resin business

ASK Chemicals Group completes acquisition of the industrial resin business ASK Chemicals Group has completed the acquisition of the industrial resins …
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Asian Foundry Summit 18th November 2021

Asian Foundry Summit 18th November 2021 As you may be knowing ‘Metalworld’ is the most authentic and popular publication in …
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Indian Aluminium Summit, 29th July (Zoom Platform)

‘Indian Aluminium Summit’ brings all the stakeholders on one platform ‘Metalworld’, the flagship magazine of a leading business media house …
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