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...
EU plans aluminium scrap export ban on non-OECD countries; China, India in focus
The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
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Urban innovation: Rheinmetall launches curb charger pilot in Cologne
In collaboration with TankE GmbH and the City of Cologne, Rheinmetall is embarking on a pilot initiative to evaluate curb chargers in public traffic zones. This project aims to integrate and field-test Rheinmetall's curb charger technology within urban environments. The primary goal is to assess...
Gränges recognised as one of Europe's Climate Leaders 2024
The global leader in aluminium rolling and recycling , Gränges has once again secured its position as one of Europe’s Climate Leaders, as acknowledged by the Financial Times. This prestigious recognition underscores the company's commitment to substantial reduction of greenhouse gas emissions and...
apt Holding GmbH bags ASI Performance Standard Certification for its two aluminium extrusion facilities
A German aluminium extrusion company apt Holding GmbH has reportedly achieved the ASI Performance Standard V3 (2022) Certification for two of its European facilities - apt Extrusions GmbH & Co. KG facility in Germany and apt Holding GmbH’s apt Extrusions B.V. facility in the Netherlands. The...
EGA completes acquisition of Leichtmetall, European speciality foundry in high-strength recycled aluminium
Emirates Global Aluminium, the world's largest 'premium aluminium' producer, today announced the completion of the acquisition of Leichtmetall Aluminium Giesserei Hannover GmbH. EGA announced its intention in March to acquire Leichtmetall from Leichtmetall Holding GmbH, a subsidiary of an...
Key highlights from the global aluminium industry, April 2024
In April 2024, significant developments unfolded in the global aluminium industry, with one standout event taking centre stage: the United States and Britain took decisive action by prohibiting the London Metal Exchange (LME) from accepting new Russian production of aluminium, copper, and nickel....
LME calls for carbon emissions disclosure from aluminium producers by 2025
On May 1, 2024, the London Metals Exchange (LME) initiated a consultation process mandating aluminium brand producers, eligible for delivery under its contracts, to furnish carbon emissions data by March 2025. The objective is to synchronise the aluminium market with the stipulations of Europe's...
New distribution deal set to provide export boost for Goodfellow
A surge in demand for specialist metals and materials to support global R&D projects has seen Goodfellow hit a new export milestone. The majority of the company’s current revenue is now sent overseas to 60 different countries, and it plans to increase its revenue by 50 percent in the Iberian market...
Smooth sailing: Superyacht Summit Adria delivers triumph in Split, Croatia
The first-ever Superyacht Summit Adria, held on April 18, 2024, in the picturesque city of Split, Croatia, concluded with resounding success. This event brought together more than 100 distinguished guests from various corners of the globe, including the Adriatic region, Turkey, Monaco, Austria, the...
Will the EU's carbon levy prove ineffective? Wood Mackenzie's study raises doubts, advocates comprehensive approach
According to a recent report from Wood Mackenzie, the European Union's (EU) introduction of a Carbon Border Adjustment Mechanism (CBAM) in the primary aluminium market could have a disproportionate impact on European producers, potentially leading to increased prices for consumers. The report "CBAM...
Gränges witnesses 1.5% spiked sales with lower carbon emissions in Q1 2024
Gränges, a leading provider of rolled aluminium materials based in Sweden, unveils its robust financial performance for the first quarter of 2024. Despite challenges, the company showcases resilience and strategic initiatives aimed at sustainability and growth. In the first quarter of 2024, Gränges...
Aluminium grain refiner specialist wins award for shipping model for the second year in row
Grain refiner specialist MQP has won a global business award for the second year running for its customer-centric shipping model across continents. The Midlands-based firm was presented with the Best Import/Export Award by broadcaster and presenter Stephen Mulhern at this year's BizX 2024 awards in...
GCC eyes to replace Russia in western countries with its wealth of primary aluminium
In the wake of the Western countries' ban on Russian aluminium, aluminium producers from the Gulf Cooperation Council expect their exports to increase to the United States and European markets. This anticipation is based on the new sanctions package imposed by the United States and the United...
Asistal Alüminyum joins ASI as the new Production & Transformation member
The Aluminium Stewardship Initiative (ASI) is a collaborative effort within the aluminium sector to advance sustainability across the entire value chain. ASI certification serves as a testament to the commitment of both aluminium producers and users to uphold high standards in social...
Denmark's offshore wind auction set to fulfil entire national electricity demand
Denmark launched a significant offshore wind tender this week, potentially granting up to 10 GW of capacity. This could cover the nation's electricity needs and pave the way for producing renewable hydrogen and other eco-friendly fuels. The effectiveness of the auction's design in attracting...
Constellium's performance analysis indicates revenue dropped in Q1
Constellium, the Paris-based aluminium producer, navigated through the challenges of the first quarter of 2024, showcasing resilience amidst a backdrop of varied market demands and weather adversities. Despite a decline in shipments and revenue, the company's strategic investments and operational...
AMAG Austria remains optimistic despite Y-o-Y fall in Q1 earnings as order trend improves on quarter
AMAG Austria Metall AG, the biggest company in the Austrian aluminium sector, announced its first quarter 2024 results, reporting an improvement in earnings compared to the fourth quarter of 2023. But compared to the same period last year, AMAG’s earnings in Q1 2024 saw a downtrend due to lower...
Sluggish demand for European aluminium foil sparks double-digit fall in 2023 shipments
European aluminium foil demand experienced a slower trend through 2023 than in 2022, resulting in a double-digit fall in the year's final quarter, according to the figures just released by the European Aluminium Foil Association (EAFA). The entire 2023 reflected a unique circumstance of high stock...
LME clamps down on traders profiting from Russian aluminium amid sanction compliance
On April 24, 2024, the London Metal Exchange (LME) took action to prevent traders from exploiting rule changes by prohibiting taking Russian aluminium from its approved warehouses and returning it for profit. Earlier this month, the US and Britain prohibited the London Metal Exchange (LME) from...
