Banco Aluminium Ltd

Company limited by Shares (2) 175+ employees

Banco Aluminium Ltd Overview

175+ employees
Company limited by Shares
Non-govt company
19 Dec,1967
N/A Related OEMs
N/A No. of plants

Company Breakup

Name share
Foreign Holdings
Bodies Corporate
Total Number Of Shareholders 37
Shareholding As On 2017-08-16

Banco Aluminium Ltd in News

18 Sep 2021

Nickel nears seven-year high as market frets about supply

Traders said profit-taking after the New York open weighed on nickel on the London Metal Exchange (LME), which was down 0.2% to $19,360 a tonne at 1600 GMT. Prices of the metal used in electric vehicle batteries touched $20,705 a tonne last week, its highest since May 2014.

11 Sep 2021

Nickel prices hit 7-year highs as demand creates shortages

Benchmark nickel on the London Metal Exchange traded up 0.8% at $20,500 a tonne in official rings after hitting $20,705, its highest since May 2014. The contract is up nearly 30% from 2021 lows hit in March. Macquarie analyst Jim Lennon expects nickel consumption to grow 17% this year to 2.8 million tonnes.

24 Jun 2021

China's first round of copper, zinc, aluminium auctions fails to impress

The rare auction of strategic reserves forms part of Beijing's efforts to take the heat out of red hot commodity markets, which have seen metals such as copper and iron ore reach all time highs amid a surge in demand as the world recovers from the coronavirus pandemic. However, initial market reaction to the announcement of the auctions would indicate that the volumes being offered are too small to make much of a difference in the world's largest importer, producer and consumer of industrial metals.

24 Apr 2021

China's pollution clampdown drives aluminium to three-year peak

Benchmark aluminium on the London Metal Exchange was up 0.3% at $2,370 a tonne at 1557 GMT. Prices of the metal used widely in the transport, construction and packaging industries earlier touched $2,389, a gain of more than 20% since January.

12 Apr 2021

Control rising raw material costs: Bizmen

While industries are struggling to recover from the loss they suffered during the lockdown last year, abnormal increases in the prices of raw materials including steel, brass, aluminium, cast iron and copper have been affecting more than 40,000 industries that are functioning in Coimbatore and neighbouring Tirupur.

22 Mar 2021

Booming demand and shipping costs feed aluminium rally

Soaring shipping costs, booming demand and tight supplies of primary and scrap aluminium are likely to fuel further price rises for the metal, particularly in importing countries such as the United States and Europe.

19 Mar 2021

Aluminium rattled by signs of "green" disruption in China: Andy Home

The suspensions are small, at around 200,000 tonnes of annualised capacity, according to Citi analysts. That's not going to make much physical market impact when China's national aluminium output production surged by 8.4% in the first two months of the year. But the significance is the direction of travel. China is embarking on the road to decarbonisation, a journey that poses hard questions of a power-hungry sector such as aluminium smelting.

Directors of Banco Aluminium Ltd

Name DIN Email Designation Date of joining
Sarang Jayant Dalvi Unlock to View Unlock to View Wholetime Director 14 Sep,2015
Pravinchandra Gokaldas Shah Unlock to View Unlock to View Director 23 Jun,2015
Manisha Rameshbhai Phadke Unlock to View Unlock to View Company Secratary 03 May,2012
Vidanuj Navinchandra Patel Unlock to View Unlock to View Director 16 Apr,2012
Mehul Kanubhai Patel Unlock to View Unlock to View Director 26 Feb,2001
Samir Kanubhai Patel Unlock to View Unlock to View Director 31 Aug,1985

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