The energy crisis in Europe and energy rationing policies in China are worrying the aluminium smelter owners as well as the alumina market. As per the latest data, the largest alumina market lies in Asia-Pacific. However, China, a major player in the aluminium market, is imposing hefty regulations due to environmental audits and scrutiny. Before […]
Continue reading
The Indian aluminium industry is heading towards a bright future. AlCircle research has estimated that aluminium usage in India is likely to reach 4.84 million tonnes by 2026-27. The construction, transportation, and electrical sectors will dominate the growth, while other end-user industries like packaging and consumer durables will also act as significant contributors. Several factors […]
Continue reading
According to Statista, the global aluminium market will reach an estimated US$210 billion in 2027, rising at a CAGR of 5 per cent from US$150 billion in 2020. The transportation and construction industries will primarily facilitate this growth. Despite the promising numbers, the lurking global economic crisis, geopolitical conflicts, and energy crisis in the European […]
Continue reading
The growing environmental concerns are pushing government and big corporate houses alike to take planned steps towards sustainability. However, the efforts must not stop at planning but should be executed, monitored, and evaluated. Among various industries, the Indian aluminium industry is striving hard to make a cleaner environment, and with aluminium’s new nickname as the […]
Continue reading
Owing to the growing popularity of aluminium in the automobile and construction industries, among others, the future of this sector looks promising. However, the ongoing geopolitical conflicts in many regions are making things look grim. Recessionary headwinds are adding stress to supply-chain, making it challenging for many primary and downstream aluminium manufacturers globally. But how […]
Continue reading