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Friday, 30 September 2011

Thursday, 29 September 2011

ALUMINIUM LATEST PRICE

ANYBODY CAN FIND OUT ALUMINIUM (OR) OTHER METALS LATEST PRICES BY REFERRING THE BELOW SITE


ALUMINIUM LATEST PRICE
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Wednesday, 28 September 2011

INDEXPO - KERALA - 2011

Key Categories
Machine Tools and Accessories, Hydraulics and Pneumatics, Material Handling Equipments and Machinery, Foundry Equipments, Pumps and Fittings, Precision Tools, Cutting Tools, Dies and Moulds, Instrumentation and Automation, Industrial Components and Consumables, Industrial Electrical and Electronics, Factory Cleaning and Pollution Control Equipment, General Engineering, Machinery for Process Industry, Metallurgical Plant and Equipment, Fabrication Machinery and Equipment, Machineries for Agro Industries, Telecom Equipment and Service Providers, IT Consulting and Service Providers, Software Solutions for Industry, Finished goods from various Industries.


VENUE: Municipal Stadium Ground Premises, Palakkad, Kerala
DATE: 24, 25, 26 & 27th November, 2011
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Wednesday, 14 September 2011

NALCO Aluminium Price raised by Rs.2000.00 per ton.


Last week, Indian company NALCO has raised prices of aluminium by
 Rs.2000.00 per ton (USD 43.6 per ton) for all their products, 
as per Chairman and Managing Director Mr. BL Bagra.

This price revision was effected in line with the increase in LME
 aluminium prices, he said.

“Last two days the metal price is recovering. We feel that next two
 to three months it will range between  2,300-2,500 US$ per ton".

After the latest revision, the basic price of standard aluminium ingots 
has been increased to 139,700 INR per ton.

At the start of August, NALCO had last raised aluminium 
prices by Rs.5000.00
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Indonesia coal mines study will complete in Sept by NALCO



NALCO, will complete the proposal for sourcing coal for the projects by the end of September, 11, which plans to set up a 1,250-MW power project an aluminium smelter in Indonesia, a senior company official said.

“We are in the process of evaluating the reserves of two coal mines and due diligence will be over by September. Then we will move further”, NALCO Chairman and Managing Director Mr. BL Bagra told PTI.

The company has sought 10 million tons per annum of coal supply over a 20 year period and is looking at two coal mines in the East Kalimantan District of Indonesia.

The firm has plans to set up a 5 million ton per annum aluminium smelter and a 1,250-MW power plant in two phases in Indonesia at an estimated investment of US$3.8 billion ( About 16,500 crore INR).

About 8 MTPA will utilize by the aluminium producer at its power plant and smelter in Indonesia, while the remaining 2MTPA will be shipped to India to fuel its operations here.

As per Mr. Bagra, the Indonesian Project will be managed through a special purpose vehicle (SPV), in which the aluminium producer has a controlling stake.

This project would be developed in around 4 years time, including one year for preparing the feasibility study and DPR, following by finalization of the coal supply agreement.
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Monday, 12 September 2011

ALUMINIUM EVENTS FOR U

This blogs is made for you to find our latest aluminium events. ALUMINIUM FABRICATORS INDIA - Largest B2B Market Place for Aluminium supporting this blog
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ALUMINIUM NEWS FOR U

This is a new blog started to help you to find out latest Aluminium News.ALUMINIUM FABRICATORS INDIA - Largest B2B Market Place for Aluminium supporting this blog
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