Hindalco Industries Ltd’s domestic operations have been struggling to earn profit during an unfavorable global economic scenario of past couple of years. The only silver lining in Hindalco’s sky is Novelis Inc., its international subsidiary, whose value-added aluminium products and increased focus on recycling have helped profits grow to a considerable extent. Atlanta-based Novelis is […]
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ABC – the Aluminium Beverage Can has been on the scene since 1930s and is now the most popular and recycled beverage packaging medium in most parts of the world. The main reasons that have contributed to its longevity and popularity are its easy recyclability over an unlimited number of times and the maximum amount […]
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It is a well-known fact that Aluminium smelting, which depends entirely on the fused salt electrolytic Hall-Heroult process is a bulk consumer of electrical energy. Electricity accounts for around 20 to 25 per cent of production costs of primary Aluminium. Industry experts and technologists have been constantly working towards improving the energy efficiency of the […]
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The premier trade event of the UAE’s aluminium industry, the 16th Arab International Aluminium Conference (ARABAL 2012) – will be held from 20 to 22 November in Doha Qatar. The conference will be held at the Grand Hyatt Doha, under the patronage of Ministry of Energy and Industry. Looking at the growing demand for automotive […]
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With the fuel price rising higher by the day, it has become a mission for the Automakers to keep the weight of cars low and try and improve fuel efficiency of their vehicles. The attempt all around is to increase the use of lightweight aluminium, plastics, polymers and composites in the body and components of […]
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Notwithstanding unfavorable economic conditions around, there is one company that is still projecting a positive picture in the metal market. The London Stock Exchange-listed, Anil Agarwal’s Vedanta Resources has given a sturdy outlook for commodity markets, despite low aluminium price, a weak Indian rupee and ever increasing cost of production. The company is working on […]
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Aluminium majors in India like Nalco and Hindalco are under tremendous market pressure due to dropping aluminium price in the London Metal Exchange (LME) and higher production costs. Nalco is taking up a number of strategies to cope with the growing cost and declining price and profit margin. Nalco is the third-largest producer of aluminium […]
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In the present socio economic scenario where the world is buzzing with issues like a soaring global population, increasing carbon emission, higher energy cost and insufficient feedstock, recycling is turning out to be the need of the hour rather than a matter of concern. Fortunately, aluminum is one metal that is 100% recyclable and its […]
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The Norway-based aluminum producer Norsk Hydro has announced the complete closure of its aluminium smelter in Kurri Kurri, Australia; axing the jobs of around 350 workers. According to the reports by Norsk Hydro, it is the low metal prices and an uncertain market outlook combined with a strong Australian dollar that has brought the shutter […]
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According to TradeArabia News sources, the UAE aluminum extrusion market is estimated to be in excess of 175,000 metric tonnes (MT), about 35 per cent of the total GCC (Gulf Corporation Council) demand and it is growing at a CAGR of 8 to 9 per cent for the time period from 2011-17. Emirates Extrusion Factory […]
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