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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<p>LME aluminium is trending high. With the Chinese supply-side scenario looking a bit precarious and the US dollar turning broadly lower against major currencies on Friday, August 11, the light metal is expected to climb higher. LME aluminium rose from its earlier close of US$2,024 per tonne on...
<p>As China squeezes 10% of its aluminium production and as a result, the LME aluminium prices have jumped to a three-year high, Press Metal Aluminium Holdings Bhd (PMETAL) is poised to leverage on the benefits. Analysts have conservatively increased the company’s estimated financial...
<p>Finally, the most awaited turnaround in the aluminium market seems to have arrived! LME aluminium which hit the highs after more than two-and-a-half-years has crossed the US$2,000 per tonne mark on Wednesday, August 9, at US$2,018 per tonne and climbed further up to close at US$2,024 per...
<p>The global aluminium composite panels market is anticipated to grow at a composite annual growth rate of seven per cent by 2022, according to a new research report. The report provides answers to the stakeholders helping them to know which market segments they should focus on during the next...
<p>The uptrend in LME aluminium is finally on solid tracks. The light metal which hit the highs after more than two-and-a-half-years crossed the US$2,000 per tonne barrier to close at US$2,018 per tonne on Wednesday, August 9, rising from the earlier close of US$1,981 per tonne on August 8. With...
<p>Taking the cue from the Chinese Weiqiao Group’s rumoured announcement of higher than expected capacity cuts, LME aluminium surged above US$2,000 per tonne on Tuesday, August 8. The rise marked two-and-a-half year peak for the light metal which ended the trading day at US$1,981 per tonne...
<p>LME aluminium took a cue from the recent China aluminium capacity cut announcement s and surged to US$1,920 per tonne on Monday, August 7. The rise of nearly 1.6 per cent from the contract’s earlier close of US$1,890 per tonne on Friday, July 4, can be partially attributed to the somewhat...
<p>LME aluminium crosses the US$1,900 per tonne level and settles at US$1,904 per tonne after night trading on Wednesday, August 2. The rise from the earlier close of US$1,887 per tonne on August 1 suggests that the light metal is currently on an uptrend. However, Reuters’ technical analysis...
<p>A survey of automakers conducted by Ducker Worldwide has revealed that the use of high-strength, low weight aluminium in new car and truck construction would increase at a record pace over the next decade. Total aluminium content in vehicle is expected to grow from 397 pounds per vehicle (PPV)...
<p>LME aluminium underperformed compared to other base metals on the last trading day of the week ending July 29. Unable to draw support from a weak US dollar and rising crude oil prices, the light metal fell by 1.61 per cent from its earlier close at US$1,923 per tonne July 27, to US$1,892 per...
<p>LME aluminium is on a moderate uptrend. With the dollar index hovering near the lowest since June 2016 following the Fed’s decision not to hike interest rate, the light metal is expected to gain in the short term. After night trading on Wednesday, July 26, LME aluminium closed at US$1,912...
<p>LME aluminium edged higher boosted by the gain in crude oil prices. The light metal, which is still trading below US$1,900 per tonne, closed higher at US$1,896.50 per tonne on Tuesday, July 25, up from its earlier close of US$1,890 per tonne. However, the gain is unlikely to sustain over the...
<p><strong>Mr Ed Meir</strong> is an Independent Commodity Consultant to INTL FCStone and a long-time collaborator with Italian-based International Commodities Club FARO. Mr. Meir has been in the commodities business for about 30 years in various capacities. After getting his BA in Economics...
<p>The recent volatility in LME aluminium prices seems to be extending further. The light metal contract which edged marginally higher at US$1,901 per tonne on Friday, July 21, fell again to US$1,890 per tonne on Monday, July 24. The drop in aluminium prices can also be partly attributed to the US...
<p>Driven by the unstoppable China appetite, alumina prices have rallied till now in H1 2017. But a look at the current price trend will reveal a moderating pace. With China slashing aluminium smelting capacity in major production hubs and further production control looming large for Q4 FY 2017-18,...
<p>The first six months of 2017 are just over and aluminium has emerged as the best performing industrial metal of 2017 so far by gaining close to 15% in the first quarter itself. It has much outpaced base metals like zinc and copper after posting a 12.43% growth in 2016. Aluminium was the second...
<p>According to newly report published by Allied Market Research, the global aluminium flat rolled market volume is forecasted to grow at CAGR of 4.0 per cent from 2016 to 2022. The major demand for flat rolled products is forecasted to come from China. China is followed by India and Brazil. The...
<p>The global aluminium powder market is estimated to grow at a compound annual growth rate of 3.51per cent to be valued at US$3453 million by 2021 up from US$2,808 million in 2015. As per documented statistics generated till 2015 end, total aluminium powder production volume reached 363,724 tonnes...
