India has been traditionally a country that consumes aluminium in sectors having typically long useful life and lower Recyclability and Recoverability Rate (RRR). Electricals (48%), followed Transport (15%), Construction (13%), and Consumer Durables (7%) accounts for the major percentage of aluminium consumption. For the country to achieve a whopping 5.3 million tonnes aluminium demand target […]
The prolonged price crunch in the global aluminium market is turning out to be a nightmare for the primary aluminium producers worldwide. Low market prices coupled with falling demand from Europe and some of the fastest growing emerging markets, China being the fulcrum, is pushing smelters world over into the operationally uneconomical zone. As if […]
Over last three decades, the global Aluminium industry has been undergoing structural changes. New and major production centers have emerged since 1980s which have slowly but surely taken over the leadership in terms of not only as leading production centers but also fast emerging consumption regions. We are talking here of the China and Gulf […]