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Malta’s import of aluminium foil during 2018-20 demonstrates significant growth
28 MAY 20212MINS

Malta’s import of aluminium foil during 2018-20 demonstrates significant growth

The Maltese economy is a highly industrialised, service-based economy. It is classified as an advanced economy by the International Monetary Fund and is counted as a high-income country by the World Bank and an innovation-driven economy by the World Economic Forum. The economy is expected to...

Jydsk Aluminum Industri: The Corona crisis forced Europe’s largest aluminium gravity die-casting firm to change strategy, resulted to see profits
27 MAY 20212MINS

Jydsk Aluminum Industri: The Corona crisis forced Europe’s largest aluminium gravity die-casting firm to change strategy, resulted to see profits

In 2020, Europe´s largest aluminium gravity die-casting companies with customers worldwide, Jydsk Aluminum Industri (JAI) booked DKK 0.6 million profits before tax and it is counted as significantly better than the loss of DKK 5 million in 2019. The far better result has brought some fresh air to...

Alumina production in West Europe shrinks 10% in April 2021; Output in East & Central Europe inches up by only 1000 tonnes
27 MAY 20212MINS

Alumina production in West Europe shrinks 10% in April 2021; Output in East & Central Europe inches up by only 1000 tonnes

In West Europe, alumina production in April 2021 stood at 440,000 tonnes, reflecting a month-on-month decline of 51,000 tonnes or 10.39 per cent, showed the International Aluminium Institute. In March, alumina production in West Europe increased by 52,000 tonnes or 11.85 per cent from 439,000...

Hydro teams up with Equinor and RWE for Norwegian offshore wind area
26 MAY 20212MINS

Hydro teams up with Equinor and RWE for Norwegian offshore wind area

Hydro REIN has teamed up with Equinor and RWE Renewables for offshore wind in Norway. The three companies have signed a collaboration deal to jointly prepare and submit an application to the Norwegian authorities to develop a large-scale bottom-fixed offshore wind farm in the Sørlige Nordsjø II...

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

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

The economic advisor of the Netherlands, De Nederlandsche Bank (DNB) reveals the forecast of the Dutch economy twice a year. So, according to them, 2021 will have two patterns, the economy to shrink marginally in early 2021, followed by robust growth in the summer. However, unemployment will rise,...

Liberty Aluminium Technologies, Liberty Pressing Solutions is now acquirable: Liberty Steel Group
25 MAY 20211MINS

Liberty Aluminium Technologies, Liberty Pressing Solutions is now acquirable: Liberty Steel Group

Sanjeev Gupta owned Liberty Steel Group has confirmed that their complex manufacturing facilities Liberty Aluminium Technologies and Liberty Pressing Solutions are in process of the sale. The disquiet was raised in the previous month, following the collapse of their vital lender, Greensill Capital....

European Union plans to impose antidumping duties on Chinese aluminium converter foil
25 MAY 20211MINS

European Union plans to impose antidumping duties on Chinese aluminium converter foil

The European Commission has announced its plans to impose antidumping duties on aluminium converter foil imported from China. The duty will range from 16% to29.1%. The antidumping duties will be provisional following the publication of the decision in the EU Official Journal. “The European...

Greece export of aluminium structures during 2018-20 illustrates substantial rise with a downfall
25 MAY 20212MINS

Greece export of aluminium structures during 2018-20 illustrates substantial rise with a downfall

The Governor of the Bank of Greece, Yannis Stournaras stated that the economy is expected to grow 4.2% in 2021, but still, growth projection remains uncertain and much will depend on faster vaccinations at the national and European level, the continuation of supportive fiscal measures and the...

Primary aluminium production in East & Central Europe inches down 1% during Jan-Apr’21; Output in West Europe grows marginally
24 MAY 20212MINS

Primary aluminium production in East & Central Europe inches down 1% during Jan-Apr’21; Output in West Europe grows marginally

Primary aluminium production in East & Central Europe stood at 341,000 tonnes in April 2021, reflecting a downfall of 12,000 tonnes or 3.40 per cent month-on-month. However, in March, the output stood up by 34,000 tonnes or 10.66 per cent from 319,000 tonnes in February to 353,000 tonnes. East &...

Weekly Downstream Recap: EU suspends tariffs on US aluminium & steel; Indian companies cut aluminium products prices
23 MAY 20214MINS

Weekly Downstream Recap: EU suspends tariffs on US aluminium & steel; Indian companies cut aluminium products prices

The global downstream aluminium sector has been eventful this week, with the European Union’s decision to suspend tariffs on the United States aluminium and steel exports to Constellium, a global manufacturer of aluminium rolled products, announcing new members to the Board and China’s unwrought...

Hydro signs MoU with Everfuel for renewable energy-based hydrogen
21 MAY 20212MINS

Hydro signs MoU with Everfuel for renewable energy-based hydrogen

Hydro has teamed up with Everfuel for coordinated development, operation, and optimization of hydrogen electrolysers based on renewable energy in Europe. The use of carbon-free hydrogen in aluminium production will contribute towards Hydro’s global commitment to reduce its greenhouse gas emissions...

France: Alvance wheels future remains gloomy, CGT metallurgy unions in Indre to demonstrate on May 22
21 MAY 20212MINS

France: Alvance wheels future remains gloomy, CGT metallurgy unions in Indre to demonstrate on May 22

The last manufacturer of aluminium rims in France, Alvance wheels is placed in receivership and needs to find a buyer urgently. The CGT metallurgy unions in Indre are calling for a demonstration towards support on May 22 in Saint-Maur. The rally is organized very symbolically in front of the...

Montupet, GMD Eurocast secures France Relance plan towards investment for modernization
19 MAY 20212MINS

Montupet, GMD Eurocast secures France Relance plan towards investment for modernization

On 18 th May 2021, the French government released the names of the new winner of the France Relance plan, in the automotive and aeronautics sectors. Montupet and Eurocast are two new companies that will be able to benefit from this fund intended to encourage investment and modernization in these...

Denmark’s import of aluminium container during 2018-20 reflects up-trending
19 MAY 20212MINS

Denmark’s import of aluminium container during 2018-20 reflects up-trending

The Danish government in mid-April 2021 stated that it would reopen the economy sooner than expected as COVID-19 infections declines. The nation has avoided a third wave of the virus pandemic after imposing wide lockdown measures in December’20, which slowed the epidemic considerably to between...

EU suspends tariffs on US aluminium and steel; both countries seek long-term solutions to trade disputes
18 MAY 20212MINS

EU suspends tariffs on US aluminium and steel; both countries seek long-term solutions to trade disputes

According to a recent report, the European Union and the United States mutually agreed to discuss and resolve trade disputes around aluminium and steel, which dates back to March 2018 when the former US President announced 10 per cent additional tariffs on aluminium and 25 per cent on steel imports...

EAFA reports 2.3% increase in European aluminium foil deliveries in Q1 2021
18 MAY 20212MINS

EAFA reports 2.3% increase in European aluminium foil deliveries in Q1 2021

According to figures released by the European Aluminium Foil Association (EAFA), aluminium foil deliveries from European foil rollers stood at 245,000 tonnes in the first quarter of 2021, an increase of 2.3% from 239,500 tonnes in 2020. EAFA reported that domestic demand witnessed modest...

The Spanish import of aluminium powder and flakes during 2018-20 demonstrates a steady downfall
18 MAY 20212MINS

The Spanish import of aluminium powder and flakes during 2018-20 demonstrates a steady downfall

According to BBVA Research, the economy of Spain plunged by 10.8% in 2020 and predicted to grow by 5.5% in 2021 and 7.0% in 2022. Following expectations, the economy recorded stagnation, leading to a slowdown during 4Q20 and could have contracted in 1Q21. Moving forward, a significant acceleration...

Joe Biden’s arrival to White House signals diplomatic breakthrough to EU-US ties; European Aluminium applaud discussions on aluminium excess capacity
17 MAY 20212MINS

Joe Biden’s arrival to White House signals diplomatic breakthrough to EU-US ties; European Aluminium applaud discussions on aluminium excess capacity

The voice of the aluminium industry in Europe with 80+ members, European Aluminium welcomes the news that the EU and US have agreed to enter into discussions on the mutual resolution of aluminium excess capacity and the deployment of effective solutions. The industry association calls on the US and...