The recently presented Union Budget for 2023 is said to be inclusive and development-oriented. Is that true for all sectors? The metal sector is overshadowed at a glance, for it was a lacklustre budget for the industry except for steel. Prior to the budget, the Federation of Indian Chambers of Commerce and Industry (FICCI) was […]
The pressing need for decarbonizing the aluminium industry is loud and clear. While various techniques and alternative fuel sources are employed to reach net zero by 2050, carbon capture is one of the mature technologies that can be used. It is currently in use by other energy-intensive sectors too. The carbon capture process can be […]
The global Aluminium Composite Panels (ACP) industry is likely driven by the construction, transportation, automotive, and advertising industries. As the ACP market is embarking on growth, it is here to understand the increase in the market in the upcoming years and how it impacts different industries. Aluminium composite panels (ACP sheets) are composed of a […]
Aluminium has caught the attention of policymakers and industry experts as a lightweight, recyclable metal that can be used in various industries, starting from automobile and aerospace engineering to infrastructure and construction. Most aluminium products can be recycled for decades- a fact that has earned aluminium the badge of ‘green metal.’ However, despite all its […]
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 […]
Why have not aluminium manufacturers taken advantage of the billions in opportunities in lightweight structure manufacturing? The reason is simple. They still believe in outdated myths related to aluminium alloys. So, what are these outdated myths? And how do we know they are debunked? Let’s start with the myths and then discuss how the solutions coming […]
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 […]
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 […]
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 […]
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 […]