Primary aluminium exports jump 21% in H1, but producers hit by import surge

The import surge stifled the domestic producers who had to be content with a measly two per cent sales growth in this period

The country's primary aluminium exports have recorded a 21 per cent spike in H1 (April-September period) of this financial year, fuelled by a surge in aluminium imports of primary and fake semis.  

Industry data shows that in HI of FY19, exports of aluminium ingots reached 772,000 tonnes in volumes, up from 638,000 tonnes in the corresponding period of the last financial year. Primary producers maintain that exports have been driven by a consistent spate of imports and not by the US-China trade war. Post the trade conflict, the country's aluminium exports have slowed to nine per cent, they claim, disowning