Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Power failure at Alcoa’s Portland Al smelter 

Australia-based aluminium smelter Alcoa in Portland faced power cuts at both potlines on Friday, as the electricity interconnector knocked down due to a hot spell in the country’s southeast region, company said. 

Electricity at potline 1 was restored at about 5:40pm ESDT while, electricity at potline 2 was restored at around 5:10pm ESDT. Operations resumed at 55pc of line load 


Rinl’s first batch of outsourced rebars dispatched

State-owned Rashtriya Ispat Nigam (Rinl) with an annual output capacity of 6.3mn mt had its first dispatch of rebars from a Hyderabad-based conversion facilities, on Jan 29. 

The company provides raw material to the conversion agents who manufacture finished products beyond the range of Rinl.



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