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PRIMARY ALUMINUM SMELTER
Aluminium stocks jump up to 10% as global supply disruptions lift pricesGlobal aluminium prices have surged due to plant shutdowns in Qatar and Bahrain and Strait of Hormuz disruptions, boosting Indian producers...- As oil surged, another commodity quietly caught fire in Iran warIran War: Global aluminium prices are soaring to four-year highs as the Strait of Hormuz closure disrupts vital trade routes. Gulf smelters...
- Japan's Mitsui & AM Green join hands for green ammonia, metals and bio-fuels projectsAlong with Rio Tinto, Greenko founders are building a 1 MTPA aluminum smelter and 2 MTPA alumina refining and mining operations in AP. Prod...
- Ford's F-150 chokepoint shows the limits of the trade warFord Motor Company faces a substantial profit hit from an aluminum mill fire and trade tariffs. This disruption exposes the risks in the au...
- Why did copper escape US tariffs when aluminium did not?The U.S. has exempted refined copper from import duties, contrasting with steep tariffs on aluminum, reflecting the significance of electri...
- Is it made of metal? It could get more expensive under Trump's latest tariffsPresident Trump reintroduced tariffs on imported steel and aluminum, affecting various industries like automotive, construction, and bevera...
- Energy agency announces $6 billion to slash emissions in industrial facilities
- US awards record $6 bln to back industrial emissions reduction projectsThe U.S. Energy Department is granting $6 billion for 33 industrial projects in 20 states to reduce carbon emissions. This investment will ...
- Fundamental Radar: 2 factors that make NALCO a good bet in the aluminium space, Shreyansh Shah explainsGoing forward, with the ramping up of captive coal production, it is expected that the coal cost would come down.Further, the better produc...
- Aluminum heads for more supply chaos as Biden weighs Russia banAluminum prices surged to a record in March in the immediate aftermath of Russia’s attack, but have receded as Russian metal has largely ke...
- Billionaire K M Birla to spend $7.2 billion on aluminum demand betThe company owned by billionaire Kumar Mangalam Birla will invest the amount mainly across its businesses in India and North America. It ha...
- Trump reimposes tariffs on raw Canadian aluminum, Canada promises retaliationCanada pledged retaliation as tensions heightened between the close allies just weeks after a new continental trade deal between the United...
- RCEP: Aluminium, copper associations caution govt on China’s presenceNegotiators of the RCEP bloc will meet on May 24 in an inter-sessional meeting in a bid to conclude the mega trade agreement this year.
- US metal tariffs: Brokerages see limited impact on Indian marketThe BSE Metal index was the worst performer among BSE sector indices on Monday.
- Aluminium looks positive for 2nd half of this fiscalA slide to Rs 127-125 can be accumulating opportunity targeting Rs 150 and above.
- Novelis taps Asian banks to refinance $1.8 billion term loansNovelis is the Atlanta headquartered arm of Aditya Birla group flagship Hindalco.
- When a 127-Year-old US industry collapses under China’s weightNow, with prices languishing near six year lows, it’s wiping out almost a third of domestic operating capacity, Harbor Intelligence estimat...
- Hindalco Industries planning to raise Rs 9,000 crore for Odisha greenfield projectHindalco Industries, Aditya Birla Group's flagship firm, is on an aggressive drive to raise funds for its biggest greenfield project in Odi...
- Tata's Corus agrees to sell two European aluminium smeltersIndian-owned steel group Corus said that it has agreed to sell two European aluminium smelters to London-based private-equity firm Klesch &...
- Alcoa's Q2 profit drops nearly 4 pcAluminum maker Alcoa Inc usasaid second-quarter profit slipped nearly 4 per cent as outage costs at two smelters weighed down results.
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