The global aluminium extrusion market is entering a sustained growth phase, driven by construction, transportation, renewable energy and advanced manufacturing. This overview covers market structure, segmentation, cost drivers and the strategic trends expected to shape the industry through 2035....
MCX aluminium prices are entering the second half of August with supply-side risks once again becoming a key market driver. ICICI Direct expects the August aluminium futures contract to find support near INR 344 per kg and move towards INR 356 per kg. Aluminium has been through a sharp...
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Arab International Aluminium Conference (Arabal) held recently in Riyadh presented many crucial information, including the global aluminium demand set to rise by 20 to 30 per cent over the next seven years. Engineer Khalid bin Saleh Al Mudaifer, the Vice Minister of Industry and Mineral Resources...
The world's primary aluminium production in October 2023 experienced a month-on-month rise after a fall in the previous month, found the International Aluminium Institute. Data shows the output recorded an increase of 3.29 per cent from 5.921 million tonnes in September to 6.116 million tonnes in...
According to the Shanghai Metals Market survey, China’s aluminium production in October 2023 (31 calendar days) amounted to 3.641 million tonnes, flaunting a month-on-month rise of 3.35 per cent from 3.523 million tonnes. On a year-on-year calculation, the output stood 6.7 per cent higher than 3.42...
Francois Racine has been the chief executive officer of AluQuébec, Québec’s aluminium cluster, since February 2021. He manages the organisation’s operations and ensures the cluster’s outreach throughout Québec’s aluminium ecosystem. Previously, from 2012 to 2020, Mr. Racine was president and...
Emrah Fahri Ozdogru is co-owner and General Manager of TRI METALURJI. He is a metallurgist, and in 2009, he earned his PhD degree. He has 25 years of experience in the aluminium industry as a variety of Researchers in the Research Institute, Engineer and then as Manager at Casthouse and Extrusion...
The year 2023 looked positive regarding worldwide aluminium demand, but high inflation and a continuous threat of recession acted as a grinch, at least during H1, 2023. As per BMI, a research agency under Fitch Solutions, the commodity-intensive industries in Mainland China have had a sluggish...
Michael Siemer is the President and CEO of Sortera Technologies. Before joining Sortera, Mr Siemer served as president of OSIsoft, the data management platform company now part of Aveva, where he oversaw the strategic vision and future of OSIsoft, created and led the new executive committee and...
The aluminium foil industry is a hidden champion, a workhorse of modern life that often goes unnoticed yet plays a pivotal role in various sectors across the globe. Today, AL Circle is thrilled to announce the launch of the comprehensive industry-focused latest report, "Aluminium Foil and its End...
On the supply side, there are indications of an increase, notably in China, which is expected to lead to an excess metal balance for the current calendar year. As a result, metal prices are unlikely to see significant improvements in the near term and the profit margins of the industry are expected...
In September 2023, the aluminium industry witnessed increased demand and supply, leading to marginal price growth on the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). The production in the Chinese aluminium industry has shown positivity in the month, and our forecast remains...
India is the only country that stands out from the rest of the world regarding aluminium production and consumption amidst a down market projecting a slow recovery in 2023. The government's strong emphasis on new infrastructure, particularly green energy, drives domestic consumption and overall...
An executive of Hindalco Industries Limited, Nilesh Koul, rightly pointed out at the Fastmarkets aluminium conference in Barcelona that India's aluminium industry future looks radiant amid a muted or downtrend global picture. Thanks to the infrastructure provided by the government, the Indian...
The Mozal aluminium smelter, located in Mozambique, plans to boost primary aluminium production by 40,000 tonnes during the ongoing fiscal year, which commenced in June. The operation of Mozal Aluminium in the Southern African nation is considered the largest industrial employer in the country....
Emirates Global Aluminium expects aluminium prices to grow in line with the demand gains. It also projects its 2023 sales volume to remain steady even though the metal prices are on a downward trend. CEO Abdulnasser Bin Kalban said in an interview on Thursday, August 31, that EGA’s sales volume...
Press Metal Aluminium Holdings Bhd recently missed its expected earnings, which may continue in the quarters ahead. According to Hong Leong Investment Bank (HLIB) Research, South-East Asia’s largest aluminium producer is likely to experience a gloomy future due to subdued aluminium prices in the...
On Monday, August 28, India's significant rating agency, ICRA, stated that given the government's emphasis on infrastructure development, domestic aluminium demand growth is expected to continue solid at approximately 9 per cent over the next two fiscal years (FY24 and FY25). As per the Investment...
The downstream aluminium sector witnessed various events in the week started from August 21, 2023. The global aluminium foil market is expected to grow from $26.3B in 2022 to $42.3B in 2032 due to its effective packaging properties. The US witnessed a continuous rise in aluminium imports, reaching...
SkyQuest forecasts that the European food can market will be worth $28.08 billion by 2030, with a CAGR of 4.4 per cent from 2023 to 2030. Aluminium food cans are expected to dominate the European food can industry, with a CAGR of 2 per cent in the future. Because of its lightweight nature and...
