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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According to Reuters’ quarterly poll, Turkey’s economy will augment at the rate of 5.5% annually in 2020, which is more than previously thought and close to a government forecast, although it will be a sturdy battle countering double-digit inflation in coming years. The nation spanning Western Asia...
The biggest company in the Austrian Aluminium industry sector, AMAG Austria Metall AG increases its earnings forecast for the current financial year predominantly due to the ongoing positive market trend of primary aluminium. The premium supplier of high-quality aluminium cast and flat-rolled...
Alcoa Corporation expects double-digit growth in the sales of its value-added products this year based on the continued economic recovery and improved demand for aluminium across all end markets. The company forecasts an improvement in shipments across all segments. Bauxite is estimated to improve...
Hungary economy is an export-oriented market economy with a substantial significance on foreign trade. The country is the 35th largest export economy in the world. The ERSTE Research predicted that the Hungarian economy to grow by 3.90% in 2021. The landlocked central European nation, Hungary...
As per the report published by Care Ratings Africa, the economy of Mauritius pursued to plunge for the fifth successive quarter recording a GDP de-growth of 8.7% compared with - 2.9% in Q1 2020. Notwithstanding, there has been a sequential development from the double-digit de-growth of 11.3% in the...
The Covid-19 pandemic has developed a deadly impact. It created an economic slowdown in Oman, compounded by the whimsy of the international oil market, resulting in a series of youth protests in the country. More than hundreds of unemployed Omani youth, protesting mass layoffs, took to the streets...
The economic output of Peru indicated that it will grow 10% in 2021 and 4.8% in 2022, supported by a favourable external context. However, these forecasts are strongly conditioned to the maintenance of macroeconomic stability by the new government administration and largely reflect a rebound after...
The economic outlook of Switzerland rejuvenates with the ease of pandemic cases. According to the Organisation for Economic Co-operation and Development (OECD), the Swiss gross domestic product (GDP) is expected to grow by 3.2% in 2021, upgraded from 2.2% in the previous forecast. The Alpine...
Rusal 0486.HK expects China’s secondary aluminium production to almost triple by the end of 2030 if all announced recycling projects come into operation. Russian aluminium giant Rusal, the largest aluminium producer outside China, established an office in Shanghai last year, attempting to sell more...
The global banking and financial services group, ING quoted 'Austria’s growth rate is a sweet surprise', as the country’s Q1 GDP growth cropped in stronger than expected at 0.2%. This is attributed to the industrial and construction sectors, which are compensating for ongoing declines in services....
Brazil was severely hit by the Covid-19 pandemic and despite a high number of infections and fatalities, the economy recovered strongly at the end of 2020. GDP growth is expected to reach 3.7% in 2021 and 2.5% in 2022, driven by a progressive increase in household consumption and investment. The...
State-backed research house Antaike said on Thursday, June 3, that primary aluminium production in China is expected to increase until 2024, after which secondary or recycled metal will claim a bigger share of consumption. China is by far the world’s biggest aluminium producer. In 2020, the country...
The Ministry of Finance, Latvia has revealed in their latest financial positions the measures the country will initiate to recover from the damage wreaked by Covid-19 during coming years. The forecast is based on the Covid-19 vaccination plan, which foresees that 70% of the Latvian population will...
The publicly listed company on the Australian Securities Exchange, Alumina Limited’s forecast toward demand for alumina soon to surplus supply is creating possibilities to bring back the agenda of the expansion of two alumina refineries in Western Australia. The growth signals came when the company...
The trusted source of commercial intelligence for the world's natural resources sector, Wood Mackenzie’s analysis has indicated that a long-term rise in price for copper is likely to counter serious contention from aluminium. The American multinational investment bank and financial services, Bank...
The exploration mining company, King River Resources, with holdings at Speewah and Mt Remarkable in the Kimberley region of northern Western Australia and at Tennant Creek in the Northern Territory reflects its share price mounting 27%, gliding on the news that the company has managed to produce...
Argentina’s annual average inflation plunged to 41.5% in January 2021, which was 42.70% in December’20. As per the projection of FocusEconomics panellists, inflation to reach 48.0% in 2021, which is up 1.3 % points from last month's estimate, and 2022 at 36.6%. The nation located mostly in the...
According to the Shanghai Metals Market, China’s primary aluminium production stood at 3.02 million tonnes in February 2021, reflecting a downfall of 9.04 per cent from 3.32 million tonnes in January 2021. However, on a year-on-year calculation, the output improved by 5.23 per cent from 2.87...
