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Top Indian steelmakers and other companies of the metals and mining sector are likely to showcase a mixed performance in the ...
The high-strength aluminum alloys market reached USD 31.3 billion in 2020 and is further projected to reach USD 43.1 billion by 2027, growing at a CAGR of 5.3% during 2021-2027 (forecast period).
In Q4FY25, Axis Securities forecasts EBITDA gains for steel firms due to higher sales volumes and reduced costs, while ...
Novelis, a global leader in aluminum recycling and rolled product manufacturing, plays a critical role across a range of industries including automotive, aerospace, beverage packaging and ...
Explore why the Nifty 50 index has crashed, and whether this plunge is an overreaction since many companies don't have a US exposure ...
Vedanta took a harder hit, tumbling 8.45 per cent to INR 402.40 (USD 4.71), while Nalco slumped 7.38 per cent to INR 159.90 as the broader aluminium sector lost 4.48 per cent. Hindalco’s intraday low ...
A note from global brokerage firm Jefferies, focusing on the metals sector (steel and aluminium), especially in relation to Hindalco Industries and the impact of the US market on Indian metal exports, ...
The metals giant is going all in on scale and efficiency, with a $10 billion capex plan split between India and subsidiary Novelis Inc. over FY24-29. Hindalco Industries Ltd’s investor day made ...
Hindalco Industries (HNDL), at its annual investors’ day, outlined its long-term strategy for both India business and Novelis. Out of already announced USD5bn India capex, HNDL is investing ...
Hindalco-owned Novelis expects $300M in cost savings from 2027-28, driven by operational efficiencies and SG&A initiatives. Two-thirds of the savings will come from efficiency gains, including labor ...
Aluminum products producer and recycler Novelis Inc. is closing its Chesterfield facility in May as part of a companywide restructuring. The closure of the facility at 1801 Reymet Road will result ...
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