Mitsui & Co., Ltd.’s Post

Must Read !! How Hindalco Industries Limited shifting gears to meet the high end demand with special focus on downstream, digital initiatives and people strategy. Hindalco products are now visible in every segment be it automotive, building & construction, telecommunications, defence, aerospace, textiles, electric vehicles, packaging, consumer durables etc.

Here are the top stories from today's Asia edition: India: Imported Fe up on positive domestic cues The daily #DavisIndex for containerised Shredded Friday rose by $1/mt cfr Nhava Sheva. On a weekly comparison, the index rose by $10/mt. Follow the link for Kedar Joshi's analysis of imported recycled steel indexes for the Indian market along with an overview of factors impacting buyer sentiments. https://lnkd.in/dD2xXNRe AM/NS to set up three steel recycling centres ArcelorMittal Nippon Steel India (AM/NS India) plans to set up three recycled steel processing centres: one at its Hazira flagship plant and the other two in Ahmedabad Gujarat and Khopoli, Maharashtra. Sandeep Goyal elaborates on the company's efforts to improve recycled steel mix in its steelmaking process. https://lnkd.in/dBCmC4aB Korea Zinc aims higher revenues from recycling Korea Zinc target's around KRW25.3trn ($19.31bn) revenues from its resource recycling and battery materials segment, in addition to new growth driver business of #renewable energy/green hydrogen. Shohini Nath details the company's plans to maximize profits from its smelting and recycling businesses. https://lnkd.in/daj3aMKF   #recycledmaterials #steel #steelproduction #ferrous #nonferrous #zinc #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #steelmaking #steelindustry #ferrousscrap #scrapmetal #Asia #India #SouthKorea #USA #UK #UAE #greensteel #sustainability

We recently organised '#ALTogether’ - a gathering of India's top aluminium extrusion #companies, and our #customers, in New Delhi. Our COO, Sunil Gupta and CMO, Alok Ranjan shared Vedanta Aluminium's vision for unlocking the full #potential of the domestic aluminium #extrusion industry, inviting the #participants to collaborate closely towards driving transformative #innovations. #Aluminium extrusions find crucial #applications in several areas such as #telecommunications, #automotive and #electronics. Sonal Choithani, Nikhil Bhagchandani, Nitin Kumar Tiwari, Niket Soni, Yash Gupta Mrutyunjay Das #Vedanta #ALTogether2023 #VedantaVision #AluminiumExtrusion #TransformativeInnovations #AluminiumExtrusionIndustry #InnovationInAluminium #InnovateWithVedanta #AluminiumExtrusionFuture #GreenAluminium #MetalOfTheFuture

Here are the top stories from today's Asia edition: India: Imported ferrous prices edge down Kedar Joshi reports that despite a drop in the prices of prime imported recycled steel grades, mills in India opted for HMS and LMS purchases to lower their input costs. The daily Davis Index for containerized Shredded Monday dropped by $2.5/mt cfr Nhava Sheva from Friday. Read the full commentary for details. https://lnkd.in/dKFpKvP3 Mingtai Aluminum’s Feb output slips 2pc from Jant China’s Henan Mingtai Aluminum’s cumulative aluminum plate, strip, and foil production in January-February was 219,700mt. Output in February fell to 108,900mt, down about 1.7pc from January. Beethika Biswas breaks down the producer's output and sales figures for the first two months in this story. https://lnkd.in/dsZeNcsh JSL starts green hydrogen project at Hisar plant India’s Jindal Stainless inaugurated its first green hydrogen projects at its Hisar, Haryana plant. Sandeep Goyal elaborates on the project here. https://lnkd.in/d7KTpZuJ #recycledmaterials #steel #steelproduction #ferrous #nonferrous #steelmaking #steelindustry #ferrousscrap #scrapmetal #aluminium #aluminum #copper #copperscrap #aluminumindustry #aluminiumindustry #Asia #India #China #USA #UK #UAE

This week I spoke at #Fastmarkets 13th International Aluminium conference, about India's Aluminum potential. Some of the key messages: - India's per capita aluminum consumption is just 3.1kg, way below the global average of ~12kg. This is about to change: - Aluminum's role in Electric Vehicles (EVs) and Batteries is set to skyrocket. - Commercial Vehicles and Railways are embracing lightweight, durable aluminum solutions. - Solar power, a green energy source, relies on aluminum for efficiency. - Aerospace and Packaging industries are in for substantial growth. - Building & Construction is tapping into aluminum's versatility. At Hindalco we are leading the way by not only expanding our capacity in flat rolled, extrusions, and foils, but also fostering an ecosystem and introducing new technologies for fabrication and recycling. We are also commitment to capability building to ensures India's aluminum industry's growth and sustainability. #AluminumPotential #Sustainability #Hindalco #IndiaGrowth

Today, Ministry of Mines, Government of India held a successful meeting with Material Recycling Association of India and other associations that represent #SecondaryAluminium Industry to discuss the proposed draft ALUMINIUM SCRAP Standards and difficulties in implementing same. #MRAI #MRAIMeetings #MRAIGovernmentInteraction #MRAIGovermentRelation ##RecyclingIndustry #RecyclingIndustryIssues #RecyclingIndustrySolutions #Recycle #RecyclingWorks

#Aluminumupdates 𝗜𝗺𝗽𝗼𝗿𝘁 𝗦𝗰𝗿𝗮𝗽 𝗔𝗹𝘂𝗺𝗶𝗻𝘂𝗺 𝗣𝗿𝗶𝗰𝗲𝘀 𝗗𝗲𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗱𝘂𝗲 𝘁𝗼 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗧𝗿𝗮𝗱𝗲 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝗶𝗲𝘀   Recent inactive scrap aluminum market in India can be attributed to the 𝗼𝗯𝘃𝗶𝗼𝘂𝘀 𝗽𝗿𝗶𝗰𝗲 𝗱𝗲𝗰𝗿𝗲𝗮𝘀𝗲, 𝗽𝗿𝗶𝗺𝗮𝗿𝗶𝗹𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗽𝗿𝗶𝗰𝗲 𝗱𝗿𝗼𝗽 𝗼𝗳 𝗟𝗠𝗘 𝗳𝘂𝘁𝘂𝗿𝗲 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀. Despite the offers received showed an increase, the overall transaction is largely limited. Additionally, the sluggish sentiment diffuses in post-holiday period, making the market behaves lower.   It is also worth attention of the 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗰𝗼𝘀𝘁 𝗼𝗻 𝗼𝗰𝗲𝗮𝗻 𝗳𝗿𝗲𝗶𝗴𝗵𝘁 caused by ongoing Red Sea Tension.   𝗤𝘂𝗼𝘁𝗮𝘁𝗶𝗼𝗻 𝗱𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝘃𝗮𝗿𝗶𝗲𝘀 𝗮𝗺𝗼𝗻𝗴 𝘀𝗰𝗿𝗮𝗽 𝗮𝗹𝘂𝗺𝗶𝗻𝘂𝗺 𝘀𝗲𝗹𝗹𝗲𝗿𝘀 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮. As for the western-imported aluminum wheels, certain sellers offer attractive discount on 70-80 USD/ton, while some provide 30-40 USD/ton based on three-months LME future prices. 💡 #GMRI2024 is honoured to invite Material Recycling Association of India as our 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 in multiple agendas across the conference. If you wish to have deeper communication and more professional scrap metal industry insight in India or around the world, come and join us for more! 𝗩𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝗼𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 𝗮𝘁: 𝗛𝗼𝗺𝗲 | 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗠𝗲𝘁𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗖𝗵𝗮𝗶𝗻 𝗦𝘂𝗺𝗺𝗶𝘁 𝟮𝟬𝟮𝟰 | 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟰 | 𝗖𝗵𝗶𝗯𝗮 𝗝𝗮𝗽𝗮𝗻 ❓ Any inquiries or advice, please message Royde Guan at [email protected].

It's happening today ▶️ Almatis at ICRJ 2024: Where refractory innovation meets global expertise. The Indian Ceramic Society, Jamshedpur Chapter, in association with Tata Steel, is proud to present the 8th edition of the International Conference on Refractories, Jamshedpur (ICRJ). This prestigious event has become a landmark for the global refractory community, providing a forum for industry leaders, manufacturers, researchers and end-users. For more than 16 years, the (ICRJ) International conference on Refractories Jamshedpur has served as an important platform for the presentation and discussion of breakthroughs in refractory technology. This 8th edition promises to be an exclusive gathering of professionals from around the world to address industry challenges, explore collaborations, and expand the state of the art solutions in refractory innovation. What's in store for ICRJ 2024: ✔️ Almatis is proud to participate as a Gold Sponsor. ✔️ Joint paper presentation by Shankha Chatterjee, Technical Manager at Almatis India, in collaboration with Bodhisattwa Mahata, and Rajendra Kumar Pradhan from Steel Authority of India Limited (SAIL SRU), on "Continual Improvement in Steel Ladle Well Block Performance - A Case Study". ✔️ Technical Expertise in the Spotlight: Dr. Andreas Buhr shares insights on sustainable practices in "Almatis Mission NeutrAL: Almatis' Commitment to a Sustainable Refractory Raw Materials Industry". #ICRJ2024 #refractorymaterials #alumina #missionneutral #metallurgy #innovation #industryleaders #sustainablemanufacturing #engineeringexcellence #globalcollaboration #technologyconference

a good platform for participants in the steel industry to discuss latest developments and also network.

Strengthening India's industry: With over 70 years of global excellence, we're closer than ever. With 'Made in India, Made for India' as our mantra, Refratechnik proudly opens its state-of-the-art plant in Andhra Pradesh. A €30 million investment that's set to redefine the refractories industry. In line with India's rapid economic growth, we'll support the steel, cement, and non-ferrous sectors with high-quality refractories from this advanced greenfield manufacturing hub. This marks a new chapter in our contribution to India's industrial progress. #madeinindia #madeforindia #refractories #industrialgrowth #manufacturinghub #investinindia #refratechnikindia #steelindustry #cementindustry #nonferrous #greenfieldplant #economicgrowth #industrialprogress