An eventful 2015 comes to an end. There were challenges galore and opportunities umpteen for the Global Aluminium Industry to grow and innovate! The year was bearish for the entire metal market including aluminium and producers struggled hard to cope-up with the tough markets. The consumption scene was more or less promising because of consistently […]
A lot has been said and written about the once mighty U.S. aluminium industry and how it has been hit badly by the recent spate of Chinese aluminium extrusions export. But it is not the only factor that has been driving the U.S. market down to economical non-viability; there is more to it. Here is […]
Vedanta ltd is trying hard to tackle multiple operational setbacks caused majorly by low metal price, rising debts and raw material scarcity. Vedanta has cut costs by as much as 25% throughout this market turmoil. Mr. Agarwal confirmed that the company will “tighten” capital spending and “do whatever is necessary” by way of innovation to survive this condition profitably. Vedanta is aiming at improving their core skill and technical expertise. However, unless the raw material security is assured in a market situation where metal price is at rock bottom, input costs are high and cheap imports are flooding the market, indigenous aluminium industry cannot grow in India.