Hindalco refuses the notice of the halt of its aluminium extruded production

On March 15, Sunday, Hindalco, the Indian aluminium manufacturing company and a subsidiary of the Aditya Birla Group, refused to the notice of its aluminium extruded production halt, which was surfaced on the same day. Before this revelation by the Indian aluminium firm, a notice was seen by Reuters and two other sources that it is halting its extruded aluminium output because of the current shortage of gas due to the ongoing supply disruption in the Middle East.

On March 11, a notice by the Aditya Birla Group-owned metal producers declared that it is a “force majeure” for all its extruded aluminium customers due to the limited supply of gas. This product is in high demand for its effective use in electric vehicles, solar panels, electronics and especially in construction.

However, in a release of Press Trust of India on Sunday, it reported that the firm had issued “force majeure” to the consumers because of the claims made by the gas suppliers and it is nothing but just a routine business notification regarding the supply disruption.

Moreover, according to a statement given to Reuters, the firm has denied any halt to its extrusion business. Moreover, the Press Trust of India, on March 15, reported that the Indian aluminium firm is not halting any operations of its aluminium extrusion business.

Due to this gas crisis, because of the rising US-Israeli conflict with Iran, India is currently facing the most severe gas crisis in decades. In response to this, the government has decided to cut gas supplies to industries in order to protect households from potential shortages of cooking gas.

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