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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After successfully launching the first edition of its flagship e-Magazine (“Aluminium LeaderSpeak 2019" https://www.alcircle.com/emagazine/leaderspeak-2019-2 ), AlCircle team is now gearing up to magnify the participation & outdo the global reach with its second edition of the flagship e-magazine “...
As presented by Huo Yunbo, senior analyst with Chinese consultancy Antaike during Aluminum Week in Qingdao, China’s alumina production will increase to 74.35 million tonne by 2020 with new operations coming online, leading to a surplus of 730,000 tonne putting pressure on price. She projected...
When there are multiple reports in the market on aluminium and its various applications, why do you need another report on aluminium foil and its end uses? Due to its versatility and multiple uses, aluminium foil turns out to become one of the most consumed aluminium products across the world along...
Alcoa continued to project a global aluminium deficit ranging between 800 thousand and 1.2 million tonnes in comparison to 1.0 million and 1.4 million tonnes projected in Q2 2019. The company lowered its global aluminium demand growth projection for 2019 to a range of -0.6 percent to 0.4 percent...
AlCircle has launched a new Sector Focus Report – "Aluminium Foil and its End uses: Current Trends and Forecast” into its 2019 Report portfolio. AlCircle has been into the business of information for pretty long and has already become the reference point for the aluminium industry as far as news,...
According to a CRU analyst, Paul Williams, Head of Aluminium, aluminium market is moving into surplus as demand continues to weaken around the world. The LME 3-month price now stands at US$1744 per tonne after recent increase. Prices have been affected by bad industrial data and an inflow of stocks...
Australia’s Department of Industry on Monday it has lowered its aluminium price forecast for 2019 by 5% from its June forecast to US$1,793/t due to the bearish market conditions driven by trade tensions between the US and China. The revised forecasts were published in its latest Resources and...
Michael Peter Ferraro, Alumina Limited - MD, CEO & Executive Director forecasts a modest surplus of alumina during the remaining months of 2019. He also forecasts on the Chinese alumina supply/demand balance over the next few years. He sees small alumina surpluses of around 0.5 million tonnes or...
Aluminium consumption in Brazil is expected to match the record levels of 2013 by the end of 2019 or the beginning of 2020, backed on better sales in the aluminium packaging industry. According to the industry association Abal, apparent consumption will grow by some 7.5 per cent this year compared...
The China Association of Automobile Manufacturers (CAAM) has forecast the automobile sales to drop in China in 2019. Weaker purchasing capacity due to slower economic growth and the new vehicle emission standards could be some of the reasons for the estimated drop in car sales, according to a...
Alcoa this week reported a net loss of $402 million and negative free cash flow of US$7 million on its $2.7 billion of Q2 2019 revenue. Divesting of interest in the Ma'aden Rolling Company (MRC) in Saudi Arabia costed the company dearly. Results were negatively affected by lower alumina and...
Altech Chemicals Limited has shared a few takeaways from the high purity alumina (HPA) market outlook report by CRU Consulting (CRU) that they received recently. The unconstrained demand forecast for 4N+ (99.99% or greater) HPA is significantly stronger than CRU’s earlier forecast in 2018. The...
Senior aluminium analyst at SMM, Wang Rui, said that aluminium prices in the short term are likely to moderate on weaker demands in a slack season but slower-than-expected in supply and shrinking inventories sustain on optimistic outlook on prices in the long run. At the Nonferrous and Ferrous...
The year 2018 saw the global aluminium industry being impacted by various factors including constraints in supply of raw materials and imposition of various trade restrictions and sanctions by the US Government. Prices saw some never-before-seen highs and lows and a trade war between the U.S. and...
In an interview with The Economic Times, Nalco Chairman cum Managing Director Dr. Tapan Kumar Chand said that the company's aluminium production is estimated to grow this year by 6 per cent and consumption by 4 per cent worldwide. This shows production will remain ahead of consumption. However, the...
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported that Iran's major aluminium producers output stood at 301,033 tonnes in the last Iranian year (ended March 20). Aluminium production decreased 11 per cent year-on-year from 337,000 tonnes Iran’s...
According to Shanghai Metals Market, operating rates across secondary aluminium producers in China have recorded a growth of 22.02 percentage points month-on-month and 0.3 percentage point year-on-year to average at 61.12 per cent in March. This hike in secondary aluminium operating rates is...
As the wet season in Australia from November 2018 to April 2019 comes to an end, Metro Mining Limited has reportedly geared up and resumed bauxite mining at the Bauxite Hills Project in Far North Queensland. The company this year expects to be able to build on the success of its first operation...
