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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The National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India has posted higher EBITDA in Q3FY21 driven by a strong performance by the aluminium business piloted by higher LME aluminium prices and favourable costs. Sridhar Patra, CMD, NALCO explained:...
In China, primary aluminium production stood at 3.32 million tonnes in January, registering an increase of 1.22 per cent month-on-month from 3.28 million tonnes in December and 8.14 per cent year-on-year, showed Shanghai Metals Market. China’s daily average primary aluminium output rose 1,400...
The year 2021 stands as a year of hope and aspiration for the aluminium metal industry after it’s been through a malaise last year caused by the unprecedented COVID-19 outbreak. So, in the recently-published report - “Global Aluminium Industry Outlook 2021” , AlCircle has made an attempt to share...
John Courtenay is the Chairman of MQP, the leading specialist for the global aluminium industry and producer of high-efficiency grain refiner Optifine. Studying metallurgy at the University of Aston, John Courtenay started at Foseco International, working his way through ONC, HNC and LIM, before...
Sachin Satpute is President of Novelis Asia and Senior Vice President of Novelis Inc. since 1st June, 2016. In this role, he is responsible for leading the overall business strategy and P&L of Novelis’ Asia Pacific business, which includes sales to the automotive, beverage can and specialty product...
André E. Barten is President & CEO of the Achenbach Group, leading the family company in the 8th generation. He studied mechanical engineering and business administration and is an award winner in 2021 of the famous ‘Social Market Economy Award’ of the Konrad Adenauer Foundation. Together with his...
AlCircle: How do you visualize 2021 for the global aluminium industry after the COVID-19 economic impact? Mr Peter Vanvuchelen: It is very difficult to predict what will happen, and how industries will react, as a pandemic situation as COVID is a completely new situation for every one of us. 2021...
General, CAMALCO SA (Canyon Resources’ wholly-owned Cameroon subsidiary). Mr Rick Smith was appointed as Director-General of the Canyon’s wholly-owned Cameroon subsidiary Camalco Cameroon SA (Camalco) on 17 th January 2021and will be based in Cameroon. Mr Smith will focus on the delivery of the...
As we have crossed one of the difficult years in the history of industrialisation and entered 2021 with a lot of hopes and inspiration, AlCircle think tank came up with a conclusive preview report “Global Aluminium Industry Outlook 2021” . The preview report elaborates the future of the global...
Hong Leong Investment Bank (HLIB) Research expects Press Metal Aluminium Holdings Bhd to report significant growth in profit due to higher aluminium prices and the commissioning of Samalaju Phase 3. HLIB Research has also started coverage of the company at RM8.40 with a buy call and target price...
In a recent interview, National Aluminium Company’s (NALCO) Chairman & Managing Director, Sridhar Patra, revealed his optimistic views saying that production activities are recommencing gradually and so the demand for aluminium has begun to rise in both international and Indian market, following a...
Aluminium demand in China is expected to decrease by 5.4 per cent in 2020 and rebound by 6 per cent in 2021, said Miles Prosser, Secretary General of the International Aluminium Institute, while speaking to local and international delegates at the Shanghai Metals Market's 2020 Nonferrous Metals...
Press Metal Aluminium Holdings Bhd’s earnings estimates have been raised by the RHB Research. The growth in forecasts is due to rise in aluminium prices on the London Metal Exchange. "PMAH expects the recovery in LME aluminium prices to extend into 2021, due to healthy supply-demand conditions...
Malta's economy is dependent on foreign trade, manufacturing, and tourism. The economy is severely affected by the COVID-19 pandemic this year. GDP is expected to contract by around 5¾% but should rebound by 6.0% in 2021. A fall in domestic demand is expected to drag imports down at a slower pace...
RHB Research expects Press Metal Aluminium Holdings Bhd to deliver a year-over-year growth in core earnings in the second half of 2020 on higher aluminium prices. Average aluminium prices of averaging US$1,930 per tonne on the London Metal Exchange to fuel the company’s earnings prospects. "We...
Rio Tinto expects its 2020 shipment outlook for Alumina to improve by 0.2 million tonnes to between 13.8 to 13.9 million tonnes on improved production levels. In the fourth quarter of 2020, the company expects lower sequential quarterly results primarily from higher energy costs and a change in the...
China will add another 3 million tonnes of annual aluminium production capacity in 2021 – more than half the capacity in the emerging smelting hub of Yunnan province, said Antaike on Wednesday, October 14. The abundant availability of hydropower in Yunnan already bought some major aluminium...
Gränges, a supplier of advanced aluminium products and solutions, expects sales volume and adjusted operating profit for the third quarter 2020 to exceed the current market expectations. The company’s sales volume for the third quarter is likely to be 86.7 ktonnes (85.8). The adjusted operating...
