East Coast Canning is preparing to roll out a new resealable aluminium can format in Australia and New Zealand after signing a partnership with Swedish packaging innovator Meadow. The deal will see the Australian company act as the regional gateway for the company’s MEADOW KAPSUL system, taking the ...
Vedanta Limited (VEDL), through its subsidiary, ESL Steel (ESL), is to raise INR 2 billion (USD 223 million) by using 10 to 12 per cent non-convertible debentures. The raise must meet its funding obligations of Vedanta Resources Limited (VRL) of USD 206 million to Konkola Copper Mines (KCM) by the e ...
With the US imposing tariff rules at the beginning of 2025, India’s exporters face a hit in shipment volumes. Statistics by the Global Trade Research Initiative (GTRI) reveal India’s sales to the United States dropped by 28.5 per cent between May and October, following the implementation of Washin ...
When the European Union rolled out its Carbon Border Adjustment Mechanism (CBAM) in 2023, a few energy-intensive industries felt the tremors more. Aluminium was one of them, while the rest were iron and steel, cement, fertilisers, hydrogen, and electricity industries. For them, CBAM appeared not jus ...
December 1 witnessed the Airbus AIR market shares dropping 6 per cent due to a quality-control problem in the aluminium fuselage panels on a large number of A320 jets. This resulted in the uncertain conditions currently faced by the affected fleet until the issue is resolved.
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The leading sustainable aluminium solutions provider and the global leader in aluminium rolling and recycling, Novelis, has successfully bagged the 2025 German Ecodesign Award under the category of “Product”. This award has been given to the firm as a recognition of the aluminium sheet prototype, wh ...
On Monday, December 2, the US Commerce Secretary Howard Lutnick confirmed that South Korea’s plea to reduce import tariffs from 25 per cent to 15 per cent has been accepted, retroactive to November 1. These tariffs include the duties levied on autos. This has been done as South Korea introduced a ne ...
Futures: During the night session on December 3, the most-traded SHFE aluminium contract 2601 opened at RMB 21,935 per tonne, reached a high of RMB 22,055 per tonne, touched a low of RMB 21,930 per tonne, and finally closed at RMB 22,010 per tonne, up RMB 70 per tonne or 0.32 per cent from the previ ...
Constellium announces the start-up of aluminium finishing lines at its Singen plant in Germany. This groundbreaking achievement in partnership with Lotte Infracell. The production of cutting-edge lines in a safe and sustainable environment is the result of the investment of EUR 30 million, announced ...
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