Hindalco to invest Rs 45,000 crore in copper and aluminium
Aditya Birla Group chairman Kumar Mangalam Birla officially announced Hindalco Industries Ltd's plan to invest Rs 45,000 crore in copper and aluminium segments, on Thursday.
Aditya Birla Group chairman Kumar Mangalam Birla officially announced Hindalco Industries Ltd's plan to invest Rs 45,000 crore in copper and aluminium segments, on Thursday.
US President Donald Trump’s tariffs on steel and aluminium imports from anywhere in the world went into effect on Wednesday morning drawing swift retaliatory levies from the European Union and Canada.
The production of iron ore has increased from 72 MMT in FY 2023-24 (April-June) to 79 MMT in FY 2024-25 (April-June), showing 9.7 per cent growth.
The name of the company that would house the company's aluminium business has also been finalised, said a top official of the aluminium business vertical.
In recent months, Russia has significantly increased its imports of aluminium, the crucial raw material for aluminum production, from India.…
The freight rake was fully designed and developed indigenously in collaboration with Research Designs & Standards Organisation (RDSO), HINDALCO and Besco Wagon.
Aluminium prices has surged 1.14 per cent to Rs 230.65 per kg in the futures trade on Monday. This comes as speculators built up fresh positions
India is the 3rd largest producer and consumer of aluminium globally with domestic demand expected to expand from current 4 MTPA to 12 MTPA by 2030.
"Non-competitive energy costs and acute coal shortage for the industry have adversely hit the sustainability of the aluminium industry."
The US President Donald Trump on Thursday formally signed proclamations to impose steep tariffs on imported steel and aluminium amid…