Russian metal is largely still flowing around the world. Many traders and fabricators who buy from them are tied in to pre-existing purchase deals that can extend over years.
Kumar Mangalam Birla’s Hindalco will kick off long-term downstream investment plan by setting up 34,000-ton aluminum extrusion project. Production is expected to start in 2 years.
A circular economy can reduce emissions from production of key materials by 40 per cent. Aluminium, an infinitely recyclable material, can help in this transition.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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