Hindalco Industries halts extruded aluminium production after gas-supplier force majeure
→Procurement teams cannot expect scheduled extruded aluminium deliveries
Change
Hindalco Industries declared force majeure on March 11 for extruded-aluminium contracts due to gas-supply disruptions, stopping extrusions and affecting under 0.1% of output.
Why it matters
Gas suppliers declared force majeure, cutting industrial gas supplies. Smelters operate on captive power and alternate energy.
Implications
- — Procurement teams must secure alternative extrusion suppliers immediately or face non-delivery of orders.
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Source
View on Economic Times