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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Navigating troubled waters: Red Sea disruption causes production halt at Tesla's Berlin Gigafactory
Tesla, a commendable force in electric vehicles (EVs), faces a disruption in its car production at the Gruenheide factory near Berlin. The halt, from Jan. 29 to Feb. 11, stems from the Red Sea crisis, with Iranian-backed Houthi militants targeting vessels, causing a shift in transport routes. This...
November setback: Italian industries experience further softening in production
The widespread industrial deterioration cast a shadow over Q4 2023, as economic indicators suggested weak performance for the sector. Current sentiment data reveals no immediate signs of reversal, prompting concerns about sustained sluggishness. 2023 ended in a sluggish mode As reported by ING...
Financial Intelligence firm predicts stagnant growth in European aluminium billet market for 2024
According to a report published by S&P Global, an American publicly traded corporation headquartered in Manhattan, the European aluminium billet market labelled 2023 a year of demand deflation and hesitant purchases. A buyer said the poor demand for aluminium billet was due to a depressed...
AMAG receives large-scale order to supply Audi plant in Györ
AMAG Austria Metall AG and Audi have partnered for almost two decades. The close cooperation was further augmented with the signing of the largest contract in AMAG's history to date. This contract secures the procurement for Audi of premium aluminium from Ranshofen. As part of this large-scale...
Slight decline in Italy's inflation rate in December 2023, marked by energy and services
Italian inflation experienced only a marginal decrease in December. The momentum in the energy sector persists, and it is anticipated that the impact of discontinuing favourable administrative measures will soon be evident, causing headline inflation to slightly exceed the 2 per cent ceiling, as...
Romania's economic indicators signal headwinds: Industrial PPI and foreign-owned companies down
According to Romania's statistical office, INS, in November 2023, the southeastern European country witnessed a 2.55 per cent y-o-y decline in industrial producer prices, primarily attributed to a decrease in the mining and quarrying sector. Despite this annual dip, there was a slight monthly...
Hungary takes green strides: Unveils new DRS for recycling aluminium cans in collaboration with TOMRA
Recycling is the most important aspect or the need of the hour in the dynamic landscape of the aluminium industry. Many companies are taking up recycling initiatives to move towards a sustainable future, highlighting the importance of the same. Like, Hungary has implemented a new deposit return...
Spanish market embraces El-Watch as Mesurex collaboration takes centre stage
In the lead-up to Christmas, El-Watch, a technology company based in central Norway with offices in Rindal and Trondheim, solidified a new collaboration by welcoming Mesurex, a reputable Spanish company specialising in measurement and control solutions since 1996, into our growing network of...
Energy crisis & geo-political conflict take a toll on European aluminium production; 2023 Y-T-D output reflects a 1.79% fall
Primary aluminium production in Russia & Eastern Europe during January-November 2023 amounted to 3.671 million tonnes, down by 1.79 per cent from 3.738 million tonnes a year earlier. The geo-political conflict between Ukraine and Russia and energy crisis took a toll on production in 2023, resulting...
EUROGUSS gears up to conduct the European Die Casting Award 2024 in Germany
In a significant development for the aluminium industry, the Association of German Die Casting Foundries (VDD) and the EUROGUSS trade fair have officially announced the return of the European Die Casting Competition. This highly anticipated event, supported by industry giants like BDG, AD, and EFM,...
WTO panel gives anti-Turkey judgement disapproving additional duties on US aluminium and steel
In a revolutionary decision by the World Trade Organization (WTO) dispute panel, Turkey finds itself compelled to rescind additional duties imposed on imports from the United States. This move has reverberations within the intricate web of global aluminium trade dynamics. The panel's verdict stems...
“Carbon leakage occurs when industries transfer polluting production to other countries with less stringent climate policies or when more carbon-intensive imports replace EU products”, Gangaa C. Sharma, Managing Director & CEO, CETIZION Verifica.
Gangaa C. Sharma serves as the Managing Director and CEO of CETIZION Verifica, a prominent global advisory and audit company. With an extensive career spanning over 27 years, he brings a wealth of experience across diverse sectors and geographies, including India, Asia Pacific, China, the Gulf, and...
Brief study of the European aluminium sector: High energy prices still project production uncertainty; CBAM might dilute import rate
The European Green Aluminium Summit 2023, organised by Shanghai ECV International Co., Ltd., which took place on October 18-19 in Frankfurt, Germany, was enough to set the tone for the month of November. The summit addressed the urgent concern of reducing carbon emissions in the aluminium industry,...
2023 marks an electrifying milestone: Almost 50% of EU new car sales go green with electrified models
Electric cars accounted for nearly 50 per cent of all new passenger car registrations in the European Union from January to November 2023. Notably, in the month of November alone, electric car sales surpassed the halfway point, according to available data from the European Automobile Manufacturers...
Ciclo Fapril joins ASI as the new Industrial User member
Aluminium Stewardship Initiative (ASI) announced the joining of Ciclo Fapril – Indústrias Metalúrgicas as the new Industrial User member. Ciclo Fapril, S.A., at Alufap by CF, is a Portuguese firm that produces multi-product aluminium components. Ciclo Fapril, founded in 1965, is distinguished in...
EU and US mutually extend tariffs suspension on aluminium and steel
On December 19, the European Union announced that it would extend the suspension of its rebalancing tariffs on US products until March 31, 2025. This decision comes in return as the United States also prolongs the suspension of its tariffs on the EU, considering the historical trade volumes...
Brussels and Washington extend aluminium and steel trade truce, defusing new-year tariff threats
On December 19, 2023, the European Union prolonged its trade truce with the United States for an additional 15 months. This extension averts the automatic imposition of tariffs on trans-Atlantic trade valued in billions of euros, which would have otherwise taken effect on January 1, 2024. EU, US...
Amerimax, the new joint venture of Lippert and Euramax to supply aluminium cladding materials for RVs
Lippert Components Manufacturing, a subsidiary of LCI Industries (Lippert), has entered into a strategic alliance with Euramax for Mobility, Europe's leading supplier of aluminium products for recreational vehicles (RVs). This new alliance will result in the formation of a joint venture called...
