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Austria’s import of aluminium containers during 2019-20 unveils uneven movement; 11% shrink projected for 2021
18 AUG 20211MINS

Austria’s import of aluminium containers during 2019-20 unveils uneven movement; 11% shrink projected for 2021

Aluminium containers are considered as best packing materials in the food industry, as it provides blockade to protect food against light and air and preserves food quality, however it can also be recycled and designed individually according to consumer’s requirements and can also be produced in...

French cable manufacturing company Nexans unveils strong performance in H1 2021
16 AUG 20212MINS

French cable manufacturing company Nexans unveils strong performance in H1 2021

The Paris, France headquartered global cable and optical fiber manufacturing company, Nexans S.A. published its financial statements for H1 2021 ending June 30, as approved by the Board of Directors, Chaired by Jean Mouton has revealed strong performance. Christopher Guérin, Nexans’ Chief Executive...

Ireland’s import of aluminium structures during 2018-21 signifies constant downfall; 5.5% further dip predicted for 2021
13 AUG 20212MINS

Ireland’s import of aluminium structures during 2018-21 signifies constant downfall; 5.5% further dip predicted for 2021

The Irish research body “Economic and Social Research Institute” (ESRI) that produces independent, high-quality research to inform policies that support a healthy economy and promote social progress, stated that the Irish economy will recoil adequately this year growing by 11% on the back of...

Ukraine’s import of aluminium powder and flakes during 2018-20 remains volatile; 7% contraction estimated for 2021
12 AUG 20212MINS

Ukraine’s import of aluminium powder and flakes during 2018-20 remains volatile; 7% contraction estimated for 2021

Aluminium flakes is an ingredient that comes from aluminium powder through the dry ball milling process. However, its shape remains irregular under microscopic examination. Aluminium powders, pastes, and flakes are broadly used in industrial, automotive, chemical, construction, explosives, defence,...

France import of aluminium scrap during 2018-20 showcases excellent rise with a downfall; 10% further de-growth expected in 2021
09 AUG 20212MINS

France import of aluminium scrap during 2018-20 showcases excellent rise with a downfall; 10% further de-growth expected in 2021

In Q1 2021, the French GDP contracted only 0.1% Q-o-Q, after a 1.5% plunge in Q4 of 2020. The economic activity was boosted by a modest rebound in investment spending and private consumption. However, the growth rate in Q2 is impacted by the comprehensive lockdown measures imposed in April, whiles...

Netherlands export of aluminium foil during 2018-20 unveils enterprising growth; 4% growth estimated for 2021
06 AUG 20212MINS

Netherlands export of aluminium foil during 2018-20 unveils enterprising growth; 4% growth estimated for 2021

According to the report by Organisation for Economic Co-operation and Development, the Dutch economy is projected to grow by 2.7% in 2021 and 3.7% in 2022, reaching pre-crisis levels at the beginning of 2022. Consumption will drive the recovery as households normalise their saving after the sharp...

Romania’s import of aluminium bar rods and profiles during 2018-20 reflects steady growth; 6.50% growth is estimated for 2021
04 AUG 20212MINS

Romania’s import of aluminium bar rods and profiles during 2018-20 reflects steady growth; 6.50% growth is estimated for 2021

In June 2021, the World Bank stated that the GDP of Romania is expected to grow by 6% this year, improving its January forecast by 2.5% points. By 2022, the World Bank expects the Romanian economy to expand by 4.5%, higher than the previously projected 4.1% rise in the gross domestic product (GDP)...

Ukraine’s import of aluminium tubes and pipes during 2018-20 illustrates stable growth; 4% rise predicted for 2021
03 AUG 20212MINS

Ukraine’s import of aluminium tubes and pipes during 2018-20 illustrates stable growth; 4% rise predicted for 2021

The latest Regional Economic Prospects report published by the European Bank for Reconstruction and Development (EBRD) on 29 th June 2021 stated that Ukraine’s economy is set to return to growth in 2021. The Bank forecasts the country’s gross domestic product (GDP) to increase 3.5% on the year in...

The Spanish export of aluminium containers during 2018-20 displays significant rise; 114% growth estimated for 2021
02 AUG 20211MINS

The Spanish export of aluminium containers during 2018-20 displays significant rise; 114% growth estimated for 2021

According to BBVA Research, the Spanish Economic Outlook for Q3 2021 stated that the country’s GDP growth is estimated with a revised up-rise up to 6.5% for 2021. Moving ahead, the stronger progress of global activity, accumulated excess savings, the end of health restrictions and accommodative...

Aluminium End-user Weekly Recap: Novelis invests $7 million for expansion, restarts idle equipment at its facility in Terre Haute; Ball Corporation to invest $383.8 million to manufacture aluminium cans for Red Bull and Rauch
01 AUG 20213MINS

Aluminium End-user Weekly Recap: Novelis invests $7 million for expansion, restarts idle equipment at its facility in Terre Haute; Ball Corporation to invest $383.8 million to manufacture aluminium cans for Red Bull and Rauch

The aluminium end-user segment remained in the spotlight due to the investment announcements of the two big shots. Novelis is investing more than $7 million to recruit 37 new employees and resumes several pieces of idled equipment at its manufacturing facility in Terre Haute, Indiana. The world’s...

Alumina production in West Europe declines 2% Q-o-Q to 1.380MT in 2Q2021; Output in East & Central Europe grows 3% to 1.199MT
30 JUL 20212MINS

Alumina production in West Europe declines 2% Q-o-Q to 1.380MT in 2Q2021; Output in East & Central Europe grows 3% to 1.199MT

During June 2021, alumina production in West Europe increased by 6,000 tonnes or 1. 28 per cent month-on-month to come in at 473,000 tonnes, found the International Aluminium Institute. In May, the output was at 467,000 tonnes, gaining 27,000 tonnes from the previous month. However, on a...

AMAG Austria Metall AG reports remarkable earnings in H1 2021
29 JUL 20214MINS

AMAG Austria Metall AG reports remarkable earnings in H1 2021

AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry sector pursued to benefit from the positive market environment after an enterprising start to the first quarter of 2021. The Meta Division is flying remarkably high especially due to attractive aluminium prices and...

Czech Republic’s export of aluminium cans during 2018-20 signifies strong growth followed a by sharp downfall; 6% rise estimated for 2021
29 JUL 20212MINS

Czech Republic’s export of aluminium cans during 2018-20 signifies strong growth followed a by sharp downfall; 6% rise estimated for 2021

As per the Organisation for Economic Co-operation and Development (OCED) snapshot, Czech Republic’s GDP following the sharp plunge in 2020 is projected to regain by 3.3% and 4.9% in 2021 and 2022, respectively. The country has countered one of the highest infection and death rates in the OECD...

Rusal’s Aughinish Alumina refinery secured EU funding to reduce carbon footprint
28 JUL 20211MINS

Rusal’s Aughinish Alumina refinery secured EU funding to reduce carbon footprint

Aughinish Alumina refinery, one of the most technologically advanced and energy-efficient facilities worldwide have secured EU funding to help reduce its carbon footprint. However, the European Union funding amount to diminish carbon emission remains undisclosed as of now. The Limerick-based...

Spain’s import of aluminium stranded wires during 2018-20 manifests marginal to steady growth; 11% growth estimated for 2021
28 JUL 20212MINS

Spain’s import of aluminium stranded wires during 2018-20 manifests marginal to steady growth; 11% growth estimated for 2021

Spain's advancement with the vaccination process and uplifting restrictions progressively will speed up the economic activity strongly. According to Organisation for Economic Co-operation and Development (OECD) report, the Spanish GDP is projected to rise by 5.9% in 2021 and 6.3% in 2022, supported...

Mytilineos SA owned Aluminium of Greece commits to switch green by 2030
27 JUL 20211MINS

Mytilineos SA owned Aluminium of Greece commits to switch green by 2030

The Greek industrial conglomerate Mytilineos SA owned Aluminium of Greece has committed to switching to green for all of its power requirements from renewable energy by 2030. In a bourse filing, the aluminium metal producer has inked a power supply agreement with Greek utility Public Power...

Hydro invests EUR 45 million in Nenzing aluminium extrusion plant to expand capacity by 30%
27 JUL 20212MINS

Hydro invests EUR 45 million in Nenzing aluminium extrusion plant to expand capacity by 30%

Hydro Extrusions has decided to spend EUR 45 million in the Nenzing aluminium extrusion plant in Europe. The company will increase production capacity by 30% to meet the growing demand of aluminium extrusions in the region. The aluminium plant will add a fourth extrusion line and expand mechanical...

Netherlands export of aluminium cans during 2018-20 displays an enterprising growth
26 JUL 20212MINS

Netherlands export of aluminium cans during 2018-20 displays an enterprising growth

As per the report of the Organisation for Economic Co-operation and Development (OECD), the Dutch economy is projected to grow by 2.7% in 2021 and 3.7% in 2022, reaching pre-crisis levels at the beginning of 2022. Consumption will steer the recovery as households normalise their saving after the...