Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
Emergency duty on aluminium extrusion imports declined; NZ extruders await federal scrutiny
The government has declined provisional protection against surging aluminium extrusion imports, leaving local producers waiting for the outcome of a wider safeguard investigation. New Zealand's aluminium extrusion industry faces several more weeks of uncertainty after the government decided not to...
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Aluminium demand in North America up 2.1 per cent YoY through July; Exports up while imports were off
Preliminary estimates from the Aluminum Association indicate that aluminium demand in the United States and Canada (shipments by domestic producers plus imports) totalled an estimated 7.4 million tonnes through July 2018, up 2.1 per cent over the same period of 2017. Demand for semi-finished (mill)...
Operating rate at Chinese aluminium extrusion producers continue declining in August: SMM found
Shanghai Metals Market found operating rate across 50 Chinese aluminium extrusion manufacturers extended a decline in August on sluggish demand from the construction extrusion sector. The survey by SMM found that manufacturers in August operated at 57.3 per cent, 2.2 percentage down from the...
Two major Turkish aluminium processing companies receive bankruptcy protection
According to a Hürriyet newspaper report, two Turkish aluminium processing companies, Teknik Alüminyum and Burak Alüminyum received bankrupt protection in early September. Notably, both the companies are listed among Turkey's top 100 exporters. Both companies once successfully exporting to a number...
Hindalco to set up India’s biggest aluminium extrusion and recycling plant in Gujarat
Hindalco Industries Ltd, signed a memorandum of understanding (MoU) with Gujarat government on Friday September 14 to set up India’s biggest aluminium extrusion and recycling plant in Gujarat. The company will be investing an estimated INR 3,500 crore on the project. The MoU was signed by Satish...
SMS group to install its fifth extrusion press for Thöni group in Austria
SMS group will install its fifth extrusion press for Thöni group at its future works at Pfaffenhofen, a press release from SMS confirms. Thöni group, headquartered in Telfs, Austria, has placed an order with SMS group for the same. The line includes a 55-MN front-loading extrusion press to process...
Zhongwang seeks to expand ties in Europe after being snubbed by US
After experiencing difficulties in the United States market, China’s aluminium extrusion giant China Zhongwang Holdings Ltd is eyeing the Chinese domestic market as well as the market in Europe to expand sales presence. So said the company’s managing director in an interview published on August 28....
UAE’s aluminium bar rods and profiles import to witness a year-on year growth on rising demand
With each passing year, aluminium semi-finished products are becoming an obligatory raw material used in the construction industry across the globe. Over the past 50 years, its use in building applications in the form of rolls, bars, and rods has shown a continuous and consistent growth. Thanks to...
Turkey’s aluminium semi-finished products export is forecast to see a growth in 2018
Aluminium manufacturing market in Turkey is growing at a moderately steady pace. A recent market research report by Technavio suggests the market will grow at a CAGR of about 4 per cent until 2020. The demand for aluminium in the domestic building and construction sector is seen as a major growth...
National Seminar on Aluminium Extrusion in Bangalore brings together industry professionals to discuss innovations and applications in extrusion
AAI organized a One Day National Seminar on “Aluminium in Extrusion: Next generation, New Innovations” on Thursday, 23rd August 2018 at The Chancery Pavilion, Residency Road, Bengaluru, India. Aluminium extrusions are used for their strength, flexibility, durability and sustainability in various...
Top ten aluminium extrusion companies in India
Indian aluminium industry has been known primarily because of the three major primary producers Nalco, Hindalco and Vedanta. The semi-finished sector is dominated by the SME sector. The major chunk of India’s aluminium consumption is driven by power sector and building and construction sector. This...
Why buy New AlCircle Sector Focus Report “The World of Aluminium Extrusions - an industry analysis with forecasts to 2025”?
When Norsk Hydro acquired the remaining 50% share of Sapa from Orkla Group in October 2017 to form Hydro Extruded Solutions, they calculated the unprecedented growth the aluminium extrusion sector is expected to register in the coming years. A number of leading producers have been taking up...
Press Metal reports higher earnings in Q2 on higher aluminium price and strong US dollar
Press Metal Aluminium Holdings Bhd, the largest aluminium smelter in South East Asia reported 7% increase in earnings in Q2 2018 on higher selling price for aluminium and aluminium products. The company, in its statement Wednesday said that its Q2 performance was also buoyed by a stronger US...
Sri Lankan company Alumex Plc eyeing to export aluminium extrusion
Alumex Plc, a fully integrated manufacturer of aluminium profiles in Sri Lanka, is reportedly eyeing exports and planning to compete strongly in a domestic market with import tax protection so that the customers become free from paying higher prices for finished goods. With the opening of a two...
FBI inspects aluminum remelt billet producer Nanshan America's Indiana site
The FBI was on scene Tuesday at the Nanshan America Advanced Aluminum Technologies plant in Lafayette, according to assistant human resources manager Nicki Huerta. Multiple employees from the finance department said Tuesday morning they had been released for the day. Huerta said she isn't sure why...
Sri Lanka’s Hayleys PLC expands Alumex aluminium extrusion facility
Hayleys PLC, one of the leading diversified conglomerates in Sri Lanka opens a world class largest extrusion factory in the South Asian region in order to expand the production of aluminium extrusions. Hayleys invested over Rs. 2 billion to set up this modern state of the art factory of its...
Aluminium extrusion producers operating rate in China drops in July on lowered demand from solar sector
Operating rate across 50 Chinese aluminium extrusion manufacturers reportedly fell in July as temperature continued soaring and labour shortage and orders fall from the solar sector remained a matter of concern. According to the recent update from Shanghai Metals Market, the manufacturers in July...
Launched! New AlCircle Sector Focus Report “The World of Aluminium Extrusions - an industry analysis with forecasts to 2025”
AlCircle recently launched a new Sector Focus Report – “The World of Aluminium Extrusions - an industry analysis with forecasts to 2025” into its 2018 Report portfolio. There is a big market for research and analysis and it is growing manifold every day. AlCircle has been into the business of...
Mid-States Aluminium Corp to create 39 new jobs on expansion and installation of a new press line
Mid-States Aluminium Corp., one of the leading suppliers of aluminium extrusions, has reportedly started breaking grounds and taking necessary steps towards expansion and installation of a new press line at its extrusion and fabrication facility. This new facility involves around US$ 23 million of...
