Sharing a broadly optimistic view, Kaynat Chainwala, Research Analyst at Kotak Securities, said the positive outlook is not limited to aluminium alone.
Aluminum prices have been lifted by structural supply constraints, including caps on smelting capacity in China and reduced output in Europe due to persistently high-power costs
Benchmark aluminum on the London Metal Exchange rose alongside equities in Asia, with the metal on track for the longest run of gains in more than a year
India is seeking some flexibility in the EU's Carbon Border Adjustment Mechanism (CBAM) which comes into effect from January 1 next year. Meanwhile, it is also mulling a domestic carbon tax to offset CBAM and retain revenue within the country.
Nalco's exports won’t be affected by US tariffs, as it mostly serves the Middle East, says BP Singh. The availability of alumina has, however, risen, creating pressure in the domestic market
Novelis added that it is looking to accelerate cost reduction steps, which can drive higher cost savings in FY26, and over $300 million by end of FY28.
The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector
India’s aluminium trade deficit with the US has more than doubled – from 90 kilo tonnes in FY20 to 210 KT in FY25, Rajiv Kumar tells Moneycontrol in an interview, demanding the United States scrap the tariff
The first tranche of the Bilateral Trade Agreement (BTA), expected to be agreed upon by autumn, could look into these sectoral tariffs