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.

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Global aluminium industry is visibly distressed. Aluminium prices on London Metal Exchange are yet to find a solid support – the fluctuating downward dip still continues; premiums have collapsed; supply is still in excess of the demand, and to the utter dismay of the biggest aluminium producers of the world, China is still not slowing […]

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World aluminium production is at around 55 million tons, expected to grow at around 6.7% CAGR up to 2020, mainly due to the expected growth in India ~ 11%, China ~ 10%, Middle East ~ 8%, Brazil ~ 7%, Africa ~ 5% and return of growth in US (~ 4%). World alumina production is around […]

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South32 has just completed its first month on the market in the midst of rock bottom commodity prices and share prices descending 17% lower than the week of its debut. BHP Billiton has simplified its portfolio by demerging a group of high quality assets to create this independent global metals and mining company. Shareholders approved the demerger […]

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Another month passed in the New Year and there is still a good amount of hullabaloo in the market about the aluminium premiums and price of the metal. LME Aluminum benchmark prices rose to $2,114 in 2014 Aug after hitting a four-year low and presently it is hovering between $1,700 and $ 1,800. However, premium […]

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We have come to the end of 2014 and like every year here is again a chance to look back and refresh our memory of the trending news of the year.  From the industry point of view, the aluminium industry has experienced some interesting twists and turns and also faced a number of controversies. The […]

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The global Aluminium industry organizes a number of significant events every year that open up avenues for knowledge & information sharing, network and brand building and business development. Since the aluminium industry worldwide is somewhat a close circle, these events serve as a platform to meet up with existing and potential associates and exchange ideas […]

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AlCircle participates for the second time in Aluminium 2014 trade fair as a media partner and exhibitor. Earlier, it was during Aluminium 2012 that AlCircle made its first visit to the world’s biggest trade fair at Messe Dusseldorf.

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