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India's Alumina Imports Increased By 37.5% Year-on-year In 2018
Nov 07, 2018

SMM November 7th: According to CARE's report, India ranks fourth in terms of alumina production, accounting for about 5% of world alumina production. The report shows that alumina production in the fiscal year 2015-16 to 2016-17 increased by 8.4% year-on-year. Some of them are consumed internally, while the rest are exported. Therefore, despite this, India's large number of aluminum sheets, aluminum coil producers and cement and ceramics producers are still importing large amounts of alumina for consumption.

According to global import and export data, India's alumina imports increased year-on-year. In 2016, India's total alumina imports totaled 1.3 million tons, an increase of 53% for the year to 2 million tons. It is also possible to follow this import this year. The total import volume is estimated to be about 2.75 million tons, an increase of 111% over 2016 and an increase of 37.5% in 2017.

India's alumina imports in the first quarter of 2018 were 600,116 tons, compared with 431,910 tons in the first quarter of 2017, a year-on-year increase of 39%.

It is worth mentioning that between April and August this year, only about 126,900 tons of alumina were imported from Vedanta, India. In contrast, the remaining 3,000 SMEs imported a total of 541 million tons of scrap aluminum as raw material for the production of aluminum sheets. This means that India's Vedanta alone imports more alumina than recyclers.