Canada’s H1’26 aluminium exports dip 12.57% amid US tariffs: What does H2 hold?
The first half (H1) of 2026 witnessed Canada’s exports of unwrought aluminium taking a deep plunge. The country supplied a total of 1.33 million tonnes of aluminium products to the world including unwrought aluminium, bars, rods and profiles, aluminium foil, pipes and tubes, plates, sheets and...
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...
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East & Central Europe’s primary aluminium production rebounds to 353,000 tonnes in March; Output in West Europe grows 11%
According to the data shown by the International Aluminium Institute, primary aluminium production in East & Central Europe rebounded in March 2021 to 353,000 tonnes as was in January. Therefore, on a month-on-month calculation, the output in March recorded a hike of 34,000 tonnes or 10.66 per cent...
Slovakia’s export of aluminium tubes and pipes during 2018-20 records nominal growth to potential plunge
Slovakia has encountered sustained and steady GDP growth since its inclusion into the European Union in 2004, except for the financial plunge of 2008-2009 and the Eurozone crisis of 2011-2012. The Slovak economy in recent years had returned to growth, powered by the return of internal and European...
American Industrial Partners buy debt of Sanjeev Gupta’s two European aluminium assets
As per industry sources, the private equity firm, American Industrial Partners has been building great industrial business for over 30 years has bought the senior debt of the two Sanjeev Gupta’s European aluminium assets, initiating the process to take over. Recently, the New York-based firm, AIP,...
French govt. undertakes to support Alvance Aluminium Wheels plant for three months, uncertainty remains
The mayor of Châteauroux, Gil Averous and Christian Baron, mayor of Diors met in a videoconferencing with Bruno Le Maire, French Minister of Finance and Economy and the minister confirmed the state support for the Alvance Aluminum Wheels plant. But the concern remains alive for the future of...
Switzerland’s export of aluminium cylinder for compressed gas during 2018-20 illustrates downfall to enterprising growth
The economy of Switzerland is expected to grow at more than double its usual rate in 2021 and 2022, with GDP rising by around 4% in both years as output recovers from the coronavirus epidemic, as stated by the Swiss Government’s chief economist. The central European nation’s export of aluminium...
Marie-Guite Dufay floats a rescue plan for MBF Aluminum foundry, the first private employer in Saint-Claude
The Saint-Claude based MBF Aluminum foundry in France employs 284 people and its two primary customers are Renault and Stellantis. The aluminium foundry manufactures engine parts for the two French automobile giants. However, it is currently placed in receivership and its liquidation could be...
Spanish Govt. need to allocate European funds for Latem Aluminium: Luis Tudanca, Secretary General of PSOE
On 16 th March 2021, Luis Tudanca, the Secretary-General of the PSOE in Castile and León, has demanded that the Government of Spain should allocate European funds from the recovery plan for an aluminium industrial project that will create 700 direct jobs and 1,400 indirect jobs in Zamora province...
MBF Aluminum employees to demonstrate in snail operation between Saint-Claude and Lons
On 14 th April, the MBF Aluminium employees are going leave with their vehicles to show a demonstration from Saint-Claude to reach Lons-le-Saunier as slowly as possible, as agreed on 12 th April 2021. The start of this snail operation demonstration is scheduled for 1 p.m., in front of the factory....
Metal magnate Sanjeev Gupta's aluminium facilities in France seek creditors protection
On 11 th March 2021, metal magnate Sanjeev Gupta’s Alvance Aluminium Group stated that its French aluminium facilities have sought protection from creditors. The spokesperson said: “Alvance Aluminium Group entered voluntarily into ‘reconciliation proceedings’ supervised by a court-appointed agent....
Europe’s largest alumina refinery ‘Auginish Alumina’ receives approval for extension of an extraction facility
Europe's largest alumina refinery and a major alumina asset of RUSAL, Aughinish Alumina has received approval for its proposal for an extension of its large plant near Foynes, Limerick County to be considered under the fast-track planning process for large strategic projects. The independent,...
US rigid packaging firm Crown to divest its EMEA business to KPS Capital Partners
The US-based rigid packaging firm Crown has decided to divest its Europe, Middle East and Africa (EMEA) food and consumer packaging business to the American investment company KPS Capital Partners. The $2.7 billion deal is expected to conclude during Q3 2021, subject to customary closing conditions...
Eurofoil plant in Rugles looks to future, following the 2015 Employment Protection Plan
The Eurofoil factory in Rugles, France specializing in aluminium foils focus to sustain its activity and development. Eric Ligerot, General Manager, Eurofoil, admitted: "socially, it was difficult to live. After the Employment Protection Plan (PSE) in 2015 at the Eurofoil factory in Rugles (Eure),...
Great opportunities don’t come every day!! Recognize and acquire Die casting Cells and Melting Furnaces from Schweizer Group
It is said that some of the most successful entrepreneurs in the world achieved success, as they are just really good at seizing great opportunities. So, here comes the mind-blowing opportunity brought to you by AlCircle, which can change your business perspectives. The German-based Schweizer Group...
Hungary’s export of aluminium wire during 2018-19 bespeaks marginal dip; 2020 records enterprising growth
According to ERSTE Research, the Hungarian economy was forecasted to shrink by 6.1% in 2020, followed by a growth of 3.9% in 2021. The carryover effect of the 4Q20 lockdown and worsening labour market conditions will likely weigh on consumer consumption. Investment activity should also remain...
Morgan Stanley, ICBC Standard Bank losing confidence in Sanjeev Gupta’s GFG Alliance, considers selling the loan
Morgan Stanley and ICBC Standard Bank are considering selling part of a loan, which they lend to a crucial business unit of Sanjeev Gupta’s GFG Alliance. This is a hint which speaks that lenders are gradually losing confidence in the metal producing group. According to an industry professional, the...
Rheinmetall secures aluminium engine block order worth over €100 million
The integrated technology group, Rheinmetall has secured a follow-up order from an unnamed German carmaker to produce aluminium engine blocks with a total value crossing more than €100 million. Rheinmetall AG is a publicly listed company based in Düsseldorf, Germany and is a powerful,...
Bulgarian real estate firm Interlink Group to invest in Aluminium profiles production
On 30 th March 2021, Trakia Economic Zone (TEZ) reported that Bulgarian real estate firm Interlink Grup revolutionised towards the development of an aluminium profiles production facility near the city of Plovdiv. Followed by the investment of €20.3 million for the aluminium profiles production...
French Govt. investigates disappearing Greensill loan to GFG Alliance’s Liberty Aluminium Poitou
The British industrialist Sanjeev Gupta’s GFG Alliance is on the radar of the French government for preliminary investigation towards the disappearance of a loan dispensed by Greensill Capital to a French aluminium smelting plant. Greensill filed for insolvency protection on 8 th March 2021....
