Page 3 - Aluminium

MCX sees delivery of 106,814 tns in 5 base metal contracts since Jan 2019

Out of the total deliveries of metal, aluminium accounted for 30,771 tonnes, copper 24,852.50 tonnes, lead 10,517 tonnes, nickel 3,646.50 tonnes and zinc 37,027 tonnes

Trading strategies for Aluminium and Natural Gas by Tradebulls Securities

Natural Gas has breached its previous resistance of 163

India initiates probe into alleged dumping of aluminium foil from 4 nations

The applicants have alleged that dumping has impacted the industry and has requested for imposition of the anti-dumping duty on the imports

Vedanta banks on Jamkhani coal block to lower aluminium production cost

Once operational, the coal block will save power costs by 10-15%, get company closer to its avowed aluminium Cost of Production of $1,500 per tonne

Commodities outlook & stock picks by Tradebulls Sec: Sell silver, aluminium

Equity class has seen a massive sell-off and investors are looking for assets to sell not bothering to see which asset to sell but finding which assets they can sell.

Higher bauxite sourcing helps Vedanta cut alumina-making cost by 8%

Alumina production at Lanjigarh was up 16 per cent y-o-y to 476,000 tonnes

Rebound short-lived? Recovery in commodity prices likely to be a blip

Experts see the real recovery may prove evasive if virus continues to spread

Zinc, aluminium at multi-year lows as coronavirus devastates commodities

Decline in silver over 3%, gold holds fort with a marginal loss

Budget 2020: Aluminium industry seeks lower import duty on raw materials

AAI said Indian aluminium industry is under immense threat and struggling to retain global competitiveness

New CPCB pollution norms to hurt viability of CPP-based industries

Aluminium producers to be among worst hit

Aluminium firms seek cut in input duties as production costs, imports swell

Industry is dogged by inverted duty structure. While calcined petroleum coke import suffers 10%, finished aluminium attracts 7.5% duty. Caustic soda lye import is taxed at 7.5% versus 5% on alumina

Global headwinds, slowing economy shrink Q2 domestic aluminium demand by 6%

In Q1 of FY20, the country's GDP growth touched a six-year low of 5%

Novelis' strong Q2 performance saves the day for parent Hindalco

Analysts say the demand for aluminium from the US auto industry remains favourable and there are supply constraints for aluminium cans too

Auto slowdown has no decipherable impact on Vedanta's performance: CEO

While reducing the cost of production to $1500 per tonne is our mid-term vision, we have given a guidance of $1725 to $1775 per tonne for the current fiscal

Aluminium producers likely to see pressure on profits, says NALCO chief

Demand for aluminum to remain strong, driven by automobiles, construction and power sectors, says Tapan Kumar Chand.

Why the aluminium industry is having a hard time

Aluminium is a highly power-intensive industry, with power accounting for 40% of the production cost

Recycled aluminium demand surges 800 bps over 3 fiscals: CRISIL Research

Primary aluminium makers focus on exports and value-added products

Aluminium makers working with Niti Aayog, BIS to check scrap misuse

Imports of aluminium scrap into India are growing unabated, helped by a benign duty of 2.5 per cent and fuelled by US-China trade tensions

Aluminium makers expect prices to pick up even as supplies stabilise

According to World Bank commodities report, aluminium prices on the LME will average at $1,940 per tonne in calendar 2019

Aluminium players mope over import spate, preferential treatment to steel

The aluminium sector stranded without government benefits, has seen imports soaring by 40 per cent in the last three years