New Delhi, July 1
Signs of an uptick in profitability for the aluminium sector are set to weaken domestic manufacturers’ demand for a safeguard duty on “non-alloyed aluminium ingots”.
The product i...
BL Research Bureau
The aluminium futures contract traded on the Multi Commodity Exchange (MCX) has been trading in ranges. It has been volatile between ₹101 and ₹114 a kg since March last week. A UK co...
April 20, 2014
The global aluminium market (excluding China) has entered into a deficit after eight long years of oversupply
February 16, 2014
With production trailing consumption, stocks are depleting and market balances are tightening »
New Delhi, Jan 31
Mining conglomerate Vedanta Resources today reported a 3 per cent fall in revenues to $3.45 billion for the quarter ended December 2013, primarily due to decline in income in the zinc and aluminiu...
New Delhi, Jan 14
Setting a rule of sorts, Environment Minister M. Veerappa Moily has made it clear that green nod will not be given to a project that is opposed by the local panchayats.
He made this clear...
January 4, 2014
The demand from China for aluminium combined with an economic recovery in the developed markets, could increase the overall demand and help the metal price to recover.
Bhubaneswar, Nov 19
Vedanta Aluminium Ltd has commissioned a red mud powder producing unit at Lanjigarh refinery in Odisha, describing it as first of its kind in alumina industry tackling major environmental hazards.
Bangalore, July 9
The property developers in the country are expected to consume about 10,000 million tonnes of aluminium in the next five years. “About five to six big developers, including the Prest...
June 23, 2014
The power and automobile segments are expected to propel a slight recovery in domestic aluminium demand in 2014-15 after it shrank in 2013-14 on the back of stifled demand from these key end-user...
New Delhi, May 28
National Aluminium Company Ltd (Nalco) on Wednesday reported 29.9 per cent drop in net profit at Rs 172.45 crore for the quarter ended March 31 on the back of lower income and higher expenses....
Bhubaneswar, March 12
Soma Mondal has been appointed as the new Director (Commercial) of Navratna PSU National Aluminium Company Ltd (NALCO).Prior to the new assignment, Mondal was serving the company as Executi...
February 4, 2014
MCX zinc futures contracts have declined almost 9 per cent from its December high of ₹135.3 a kg. This peak has now become a formidable barrier and the contracts are finding it dif...
New Delhi, Jan. 8
Attorney-General’s opinion sought in Hindustan Zinc issue
Mumbai, Dec. 18
Company keen to expand global aluminium automotive capacity
New Delhi, Nov 12
State-owned National Aluminium Company (Nalco) today reported manifold jump in net profit at Rs 179.17 crore for the July-September quarter, primarily due to rise in revenues from chemicals busine...