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In normal terms, the word shearing refers making any thing into various folds or cuts without converting into pieces. As far as mechanical use of this term, a separate machine is used to shear metal...
With higher aluminium realisation, Nalco recorded higher than expected 44% Y-o-Y growth in revenue for Q4 FY10 to Rs 1625.97 crore (up 15% Q-o-Q). 59% higher average aluminium prices in Q4 FY10 to...
The markets witnessed a higher turnover week as the traders participated in the volatility in the markets. Profit sales on bullion presented an opportunity for momentum players and the selling in the...
HONG KONG, July 7 - China's imports of unwrought copper and semi-finished copper products are expected to fall from May's record, squeezed by increased prices on the London Metal Exchange, trimming...
Hindalco consolidated balance sheet appears stronger. Its debt-to-equity ratio has improved to 1.1 times as of 31 March, from 1.8 times a year ago.Shares of Hindalco Industries Ltd ended up 1.2% on...
West Midlands-based recycling company Mason Metals has begun operating as an aggregation centre for aluminium can recycling giant, Novelis Recycling.The move means that waste management companies...
MT.PLEASANT — Two aluminum-processing industries have submitted preliminary plans to construct a landfill behind the county airport, a proposal similar to one two years ago that drew the ire of city...
SINGAPORE, Nov 8?Reuters? - Iron ore forward swapsextended recent gains and offers remained strong on Monday astight Indian supplies offset mixed demand signals.Iron ore prices stayed at 5-1/2-month...
The Aditya Birla group's flagship company Hindalco Industries Ltd, has decided to shut down its aluminium foil plant at Kawla near Mumbai, due to what it called `economical un-viability' of running...
Metals demand in India, Asia’s second-fastest growing major economy, may double in five years and remain robust for a decade, fueled by rising car sales and higher spending on infrastructure projects...
SINGAPORE/SHANGHAI, Jan 12?Reuters? - Offers to sell Indian iron ore in China rose half a percent on Wednesday, as key indexes scaled fresh eight-month peaks, on supply worries after India's top...
State-run NALCO, which plans to set up a 1,250-MW power project and an aluminium smelter in Indonesia, will complete due diligence on a proposal for sourcing coal for the projects by the end of this...
New Delhi State-run giant National Aluminium Company (Nalco) has virtually shelved its plans to set up a 3,00,000 tonne smelter and a power plant in Iran due to financial crunch and the reluctance of...
Orissa Diary reported that as a part of its continuing effort to promote and inculcate safety consciousness among the plant personnel, 41st National Safety week was observed here at the premises of...
National Aluminium Co. (NACL), India’s third-largest producer, is delaying the restart of the shuttered 10 percent of its capacity on signs the economy is stalling in China, the biggest user of the...