Aluminium extrusion usage in building and construction to grow 1.24% CAGR through 2035, with Americas at 1.15%, Europe at 1.30% & MEA at 2.47%
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
Meagan Lalonde joins Metra North America as Architectural Sales Manager
Metra North America, leading manufacturer of engineered architectural systems specialising in custom fenestration, curtain wall, and building envelope solutions, has announced that Meagan Lalonde has joined the company as Architectural Sales Manager. Lalonde brings more than a decade of experience...
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Production cuts of aluminum
Canada produces 2 9 million tons of aluminum per year of which 2.6 million tons are produced in quebec.. Even if production is cut by 20 %, Quebec will need Alumina to produce 2.1 million tons of alumina which equates to + or - circa 4 million tons of alumina. Considering that Alumina can be...
Alcoa advances on positive growth outlook
Alcoa Inc, the largest US aluminium producer, posted a fourth-quarter loss on Monday but gave a positive outlook for metal demand in the aerospace, construction and other industries, lifting its stock price in after-hours trading. It forecast 7 per cent growth in global aluminium demand this year...
Aluminium companies' profits to remain under pressure in Q3: Care Ratings
Despite an expected average increase in the global aluminium prices, the profitability of the domestic aluminium producers is likely to remain under pressure in the December quarter, Care Ratings has said in a report. Apart from a rise in raw material prices, increasing cost of power, following the...
Norsk Hydro may reduce aluminum output
Norwegian aluminum producer Norsk Hydro sees economic uncertainty denting demand and is prepared to lower production if prices for the metal stagnate, its chief executive said on Thursday. "It is too early to say how 2012 will turn out, but we see now that the uncertainty is influencing our end...
Noranda Aluminum Shares Climbing Higher, Up 8.3%
One of today's stocks on the move is Noranda Aluminum (NYSE:NOR), up 8.3% to $8.96. The Dow Jones Industrial Average is now trading 1.4% higher to 12,393 and the S&P is trading 1.4% higher to 1,276. Potential upside of 31.1% exists for Noranda Aluminum, based on a current level of $8.96 and...
Stock Investors Bid Up Shares of Noranda Aluminum, Up 4.5%
Noranda Aluminum (NYSE:NOR) is one of today's notable stocks on the rise, up 4.5% to $8.64. The Dow is trading fractionally higher to 12,221 and the S&P is currently trading fractionally higher to 1,259. Noranda Aluminum share prices have moved between a 52-week high of $17.82 and a 52-week low of...
Japanese flat aluminium shipment maintains weak in November
Japan Aluminium Association said that Japanese monthly output of rolled aluminium products, including flat and extruded products, decreased by 6.1% to 171,267 tonnes in November from a year earlier while the shipment decreased by 6% to 172,576 tonnes. Both of the production and the shipment...
Somerville Aluminum Unveils Newly Redesigned Showroom and Design Center for Central Jersey Homeowners
Central Jersey based home remodeling and design contractor Somerville Aluminum announces opening of their newly remodeled home design center and showroom in Somerville. Additionally, interior designer Sue Schertl has joined the Somerville team. Bringing with her over two decades of home design...
The Dark Clouds Looming Over Alcoa And Aluminum
Alcoa Inc. (AA), the global leader in the aluminum market, has experienced difficult times despite slight improvements in the past two years. With the housing market crashing in the U.S., many manufacturers of products utilized in new construction, including aluminum, were hurt severely. The...
Buyers Accumulate Shares of Noranda Aluminum, Up 3.4%
Noranda Aluminum (NYSE:NOR) is one of today's notable stocks on the rise, up 3.4% to $8.23. The Dow is up 0.8% to 12,250 and the S&P is currently up 0.8% to 1,260. In the past 52 weeks, shares of Noranda Aluminum have traded between a low of $6.67 and a high of $17.82 and are now at $8.23, which is...
Highest Free Cash Flow Per Share in the Aluminum Industry Detected for Noranda Aluminum (NOR, KALU, CENX)
Below are the three companies in the Aluminum industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business. Noranda Aluminum (NYSE:NOR) is highest with FCF per share of $4.07. Noranda Aluminum Holding Corp is...
Carved Aluminum&Casting Aluminum Doors be New Favorite
There was not so much change in anti-theft doors market over years. While carved aluminum doors, carved copper doors and casting aluminum doors may be the new favorite for this market and become another high-end metal door. Now many anti-theft door enterprises were trying to turn their focuses on...
Reynaers Aluminium 's key themes will be sustainability and thermal efficiency at ECOBUILD 2011
Demonstrating both sustainability and thermal efficiency, Reynaers Aluminium will be showcasing a number of thermally improved systems at EcoBuild 2012 including its market leading window and door system, CS104, ideal for passive construction. Also featured on the stand will be CF77 Concept Folding...
China Zhongwang CFO Mr Cheung shares business vision
Aluminium or steel? Which is the superior material for use in the transportation industry and for building machinery? The debate among engineers continues. Historically, steel has been perceived to be the stronger and more easily maintained metal, but with modern day technology and an...
Nanshan plant construction on track
Anyone driving past the construction site on US 52 and Veterans Memorial Parkway will see that this plant is well underway to completion. NewsChannel 18 spoke with the project director and it seems the hiring process is well underway already, and operations should begin as soon as mid-2012. He said...
Construction of new Alreco plant will begin soon; Production, hiring will start in about a year
Since the announcement of the new Alreco aluminum processing plant, Tom Harned, the executive director for the Logan Economic Alliance for Development (LEAD) has heard all kinds of positive comments about the county’s newest industry. “People have been very enthusiastic about it,” Harned said....
US aluminum extrusion market sees surprising year-end strength
While the US aluminum extrusion segment is seeing surprising strength at year's end and many remelters are sold out for January, a few market players say they are uncertain how long the upturn will last. Market players said low inventories and more demand from the automotive sector are behind the...
Aluminum Recycling Program to Benefit Habitat for Humanity
You can help the environment by recycling your aluminum cans and help a local Habitat for Humanity chapter at the same time in Lexington. Wise Recycling is donating a portion of its proceeds from each recycled aluminum can to the local Habitat for Humanity chapter. The company wants to raise...
