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Ireland’s import of Aluminium Plates, Sheets and Strips during 2018-19 reflects impressive growth, 2020 records downfall
08 MAR 20212MINS

Ireland’s import of Aluminium Plates, Sheets and Strips during 2018-19 reflects impressive growth, 2020 records downfall

Ireland enjoyed a steady economic growth post the EU-IMF bailout in late 2013 and the country placed itself as one of the fastest-growing European economies. In 2020, the Irish economy suffered from the successive lockdowns put in place to contain the COVID-19 pandemic, while the GDP growth fell to...

Spanish Govt. seeks solvency prove from a division of GFG Alliance before acquisition of San Ciprian Aluminium smelter
08 MAR 20213MINS

Spanish Govt. seeks solvency prove from a division of GFG Alliance before acquisition of San Ciprian Aluminium smelter

Metal tycoon Sanjeev Gupta has crowned a reputation for over a decade as one of the world’s biggest promoter of steel by sealing deals for mills and smelters across Australia to Romania while placing up billions in debt for decaying assets. The Executive Chairman of GFG Alliance has planned out a...

Hydro divests Rolling division to KPS Capital Partners for €1,380 million
05 MAR 20213MINS

Hydro divests Rolling division to KPS Capital Partners for €1,380 million

The Norwegian aluminium company Norsk Hydro ASA has set foot to sell its rolling division to KPS Capital Partners for EUR 1,380 million on an enterprise value basis. This is considered as a major step on Hydro's agenda to enhance profitability and drive sustainability. The transaction comprises...

France import of Aluminium containers for Compressed Gas during 2018-20 bespeaks steady growth
04 MAR 20212MINS

France import of Aluminium containers for Compressed Gas during 2018-20 bespeaks steady growth

France has been sorely affected by the global pandemic, both in terms of health and economic impact. The vital priority for the country remains saving lives while minimizing the economic costs of the pandemic. The pandemic and lockdown measures caused the deepest post-war recession and continue to...

Latem Aluminum injects €238 million in León and Zamora plants, creates 660 jobs
04 MAR 20212MINS

Latem Aluminum injects €238 million in León and Zamora plants, creates 660 jobs

The Spanish company Latem Aluminum has disclosed that it will invest €238 million in the Villandagos Del Páramo (León) and Villabrázaro (Zamora) plants and the outcome of it will create 660 direct jobs. The Minister of Employment and Industry of the Junta de Castilla y León, Ana Carlota Amigo said:...

US issues anti-dumping duties on aluminium sheet import from India, Germany, Bahrain & 15 other countries
03 MAR 20212MINS

US issues anti-dumping duties on aluminium sheet import from India, Germany, Bahrain & 15 other countries

On Tuesday, March 2, the United States Commerce Department levied final anti-dumping duties on common alloy aluminium sheet import from 18 countries, including up to 242.8 per cent on Germany and 4.83 per cent on Bahrain. The news came after the US Commerce Department announced the duties following...

Bosnia Herzegovina’s import of Aluminium Tubes and Pipes during 2018-20 illustrates an uneven movement
02 MAR 20212MINS

Bosnia Herzegovina’s import of Aluminium Tubes and Pipes during 2018-20 illustrates an uneven movement

Bosnia and Herzegovina's gross domestic product to grow by 2.8% in 2021, which is 0.6% points below, as predicted by the World Bank in June’20. Bosnia's economy sunk by an estimated 4% in 2020, more than the 3.2% fall in GDP forecast in June, the World Bank said in its January 2021 Global Economic...

Alumina production in East & Central Europe declines 1.4% M-o-M to 410,000 tonnes; Output in West Europe grows 0.63%
02 MAR 20211MINS

Alumina production in East & Central Europe declines 1.4% M-o-M to 410,000 tonnes; Output in West Europe grows 0.63%

In East & Central Europe, alumina production in January 2021 stood at 410,000 tonnes, recording a downfall of RMB 6,000 tonnes or 1.44 per cent month-on-month, found the International Aluminium Institute. In December 2020, alumina production in East & Central Europe increased 3.48 per cent...

ALRO earns a net profit of RON 329 million despite drop in primary and processed aluminium sales value
01 MAR 20212MINS

ALRO earns a net profit of RON 329 million despite drop in primary and processed aluminium sales value

ALRO, one of the largest vertically integrated aluminium producers in Europe by production capacity, announced its preliminary consolidated financial results for FY2020, reporting a net profit of RON 329 million compared to a net loss of 67 million in the prior year and an EBIT higher by RON 300...

Italy’s import of Alumina during 2018-19 unfolds marginal growth; 13% drop noted in 2020
26 FEB 20212MINS

Italy’s import of Alumina during 2018-19 unfolds marginal growth; 13% drop noted in 2020

The economy of Italy was massively stroked by the worldwide financial crash and only emerged from a recession in 2015; however, the country’s GDP remained around 4% lower than the 2007 level. Now, after it languished in 2019, the economy was severely affected by the COVID-19 pandemic, as the...

AMAG Austria Metall AG reports positive net income in FY2020 despite 8% decline in aluminium shipment
26 FEB 20213MINS

AMAG Austria Metall AG reports positive net income in FY2020 despite 8% decline in aluminium shipment

AMAG Austria Metall AG has reported its full-year 2020 results, significantly affected by the COVID-19 pandemic. After a satisfactory start to the first quarter of the year, considerable reductions in demand set in from the second quarter. However, a tangible recovery in the order situation was...

Serbia’s export of Aluminium Plates, Sheets and Strips during 2018-20 reveals downturn
25 FEB 20212MINS

Serbia’s export of Aluminium Plates, Sheets and Strips during 2018-20 reveals downturn

On 27 th January 2021, Aleksandar Vucic, President of Serbia said: “Serbia ranked first among 38 European economies in terms of year-on-year growth in gross domestic product (GDP) in the first quarter.” While in a statement from Serbia's Foreign Ministry, Vucic said Serbia is the first in Europe in...

Cyprus import of Aluminium structures during 2018-19 remains flattened, 2020 reflects growth
24 FEB 20212MINS

Cyprus import of Aluminium structures during 2018-19 remains flattened, 2020 reflects growth

Constantinos Petrides, the Finance Minister of Cyprus on 28 th January 2021, commented that the economy is expected to rebound by 4.5% of GDP this year following a pandemic-induced contraction of around 5.5% in 2020. In an investment conference, the minister said “the growth estimate comes attached...

Alu-Lids: Poland’s leading Aluminium lids producer for cosmetic companies procures first MPS flexo press
24 FEB 20213MINS

Alu-Lids: Poland’s leading Aluminium lids producer for cosmetic companies procures first MPS flexo press

The leading providers of aluminium lids for cosmetic companies in Poland, Alu-Lids has procured a fully automated MPS EFA 430 flexo press to boost its production capacity, turnaround time, and quality control. In 2001, Alu-Lids initiated operating in the packaging industry in Wrocław, Poland. In...

ALVANCE Aluminium Duffel supplies certified coils against the ASI Chain of Custody standard to Audi
23 FEB 20212MINS

ALVANCE Aluminium Duffel supplies certified coils against the ASI Chain of Custody standard to Audi

ALVANCE Aluminium Duffel BV has announced the supply of the first coils certified under the Aluminium Stewardship Initiative (ASI) Chain of Custody standard. The company will ship coils to the Audi plant in Neckarsulm for the Audi A6. “The ASI Chain of Custody standard ensures that not only the...

Primary aluminium production in East & Central Europe grows marginally M-o-M in January 2021
23 FEB 20212MINS

Primary aluminium production in East & Central Europe grows marginally M-o-M in January 2021

In East & Central Europe, primary aluminium production stood at 353,000 tonnes in January 2021, registering a slight rise of 1,000 tonnes or 0.28 per cent month-on-month. Primary aluminium output in December grew 12,000 tonnes or 3.53 per cent from 340,000 tonnes in November 2020. In the last...

The Dutch Aluminium Association joins ASI as new Association member
23 FEB 20211MINS

The Dutch Aluminium Association joins ASI as new Association member

The Dutch Aluminium Association (DAA) has joined ASI as a new Associations member. This brings the total number of ASI Members to 159. “We have joined ASI to build a strong and international network and to join forces to promote the aluminium industry, application possibilities, as well as the...

Spanish trade unions withdraw strike at Alcoa’s San Ciprián Aluminium smelter
20 FEB 20214MINS

Spanish trade unions withdraw strike at Alcoa’s San Ciprián Aluminium smelter

The two largest and popular trade unions of Spain, the Podemos-affiliated Workers’ Commissions (CCOO) and Socialist Party (PSOE)-affiliated General Union of Workers (UGT) have withdrawn the four-month strike at Alcoa’s San Cibrao aluminium plant in Spain’s North-eastern region of Galicia. The...