Aluminium

India Bauxite production is expected accelerate in 5 years

India's bauxite production is expected to increase from 22.08 million tonnes in 2016 to 49.4 million tonnes by 2021. It is expected to grow at about 18 per cent to accelerate to meet the growing demand from the domestic aluminium industry. The growth is projected due to the five-fold increase in mining lease area in Odisha. However, tightening environmental regulations and tribal tensions pose downside risks by slowing down new projects. Bauxite is an important ore (a naturally occurring solid material from which a metal or valuable mineral can be extracted) of aluminium, a metal widely used by automobile industry, for making aircraft, among others.
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India imposes anti dumping duty on aluminium foils

The Finance Ministry of India has imposed a definitive anti-dumping duty on ?aluminium foil? imports from China. The rates levied are - antidumping duty that ranges from $0.69 per kilogram to $1.63 per kilogram. Aluminium foil is used extensively for the protection, storage, and preparation of foods and beverages. It also finds application in the pharmaceuticals industry for packing medicines; food industry for packing processed foods; and cigarette industry for wrapping. It may be noted, Hindalco Industries Ltd, Raviraj Foils Ltd and Jindal India had jointly filed the petition seeking an anti-dumping duty on ?aluminium foil? imports from China
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Aluminium projects on hold as imports rule the market

Aluminium Industry is expanding in India over the last 5 years and it has registered a growth rate of 6.2% in the financial year 2014-15. This should have resulted in dormant capacity of the aluminium smelters to bustling activity. However, most of green projects smelters and other brownfield expansions are lying idle as imports from China and Gulf markets are capturing India's growing market. Domestic producers share has fallen to 45% from 60% a few years back. China with its huge capacity is likely to churn out 30 million tonnes which has 60% share of global aluminium production. Downstream producers are enjoying low imports duty and few unscrupulous players import aluminium products under the label aluminium scrap. It is time that India to raise the import duty from 5% to 10% on
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    Anrak Aluminium Ltd

    ANRAK Aluminium Ltd. commenced as a joint venture between Penna group of industries and Ras Al Khaimah Investment Authority with 70: 30 ratio . It plans to set up a 1.5 million

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    Bharat Aluminium Co Ltd

    Bharat Aluminium Co. Ltd. (BALCO) was incorporated in the year 1965 as a Public Sector Undertaking (PSU) and Government of India (GoI) divested 51% equity in the year 2001 in fa

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    Century Metal Recycling Ltd

    CMR is the largest producer of Aluminium based Die Cast Alloys in India. CMR is also the leading producer of Zinc Alloys in the Country. CMR has annual production capacity of 1,

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    Gravita India Ltd

    Gravita India Ltd is the flagship company of Gravita group. Established by first generation entrepreneur in 1992 with unit at Jaipur, GIL manufactures lead alloy, lead oxides (

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    Hindalco Ltd

    Hindalco is one of the leading producers of aluminium and copper. They have aluminium units across the globe covering the entire gamut of operations, from bauxite mining, alumin

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    Indo Alusys Industries Ltd

    Indo Alusys Industries Ltd was incorporated in 1979 is engaged in manufacturing of aluminium extruded products, aluminium architectural products, power quad/control cables and