The global foil industry celebrated its 100 years of commercial operations in 2010. At that time it was reported in a global Foil industry conference in Bangkok that the industry is around 3.2 Mln TPA strong and for the decade gone by, had maintained a steady CAGR of 4%, a rate higher than the overall […]
After much deliberation and delay the Mines and Minerals (Development and Regulation) Act, 1957 has been revised and Rajya Sabha has passed the Mines and Minerals Amendment Bill, 2015. This new Act aims to legalize the system of auction of mines to enhance transparency in mineral allocations in India. Though the passing of this act […]
The recession which started in 2008 has affected all industry sectors, aluminium being no exception. The LME has since then dropped from a high of nearly $ 3200 per ton at its peak and is now hovering around $ 1800 in the face of lower global demand. That is nearly a fall of 43 %. […]
In the coming decade, the economic environment in India is likely to be highly conducive to the growth of the aluminium extrusions sector. The downturn in the building & construction sector over the last few years had its negative impact on the demand for aluminium extrusions, as well. However, this sector is likely to witness […]
Aluminium alloy melting and production processes generate a by-product called aluminium dross, which is a mixture of entrapped aluminium metal, aluminium oxide and impurities. Depending on the raw material and melting process, dross can contain 30%-70% of aluminium metal or more. Collecting the metal from dross is a key challenge and a necessary step to […]
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 […]
The face of automobiles is ever changing and each new invention adds a new dimension to the industry. What started out with horse-drawn carriages has led to horse-power battles where every maker is fighting for supremacy. Although steel had been the preferred choice for automobiles, to enhance the speed and dexterity of the automobiles, aluminium […]
Storing dies in aluminium extrusion industry has always remained a debatable issue. Although it is a known fact that storage with aluminium reduces the number of die handling, caustic consumption and increases die available time; still the practice could not be accepted by most of the extruders in all over the world. Perhaps, unreliability in order […]
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 […]
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 […]