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>Norsk Hydro has reported its forth quarter 2016 results. Hydro's underlying EBIT increased to NOK 1,829 million in Q4 from NOK 1,477 million in Q3 2016. The rise was due to higher realized alumina and aluminium prices, slightly offset by seasonally higher costs and lower...
<p>LME aluminium recovered from its recent lows to climb higher on Wednesday, January 8. The contract closed at US$1,821 per tonne after yesterday's night trading, up 0.66 per cent from the previous day's closing of US$1,809 per tonne. Shanghai Metals Market forecast says LME aluminium will hover...
<p>LME aluminium rose for a day on Monday only to give in to the downward pressure of a strengthening dollar on Wednesday, January 8. The contract ended at US$1,809 per tonne after Tuesday's night trading, down marginally by 0.16 per cent from the previous day's closing of US$1,812 per tonne....
<p>The dollar gave up its earlier gains against Japan's yen and the euro after key U.S. jobs data was released last Friday. President Trump's newly elected office is yet to publish the details of tax reduction and government expenditures. This, along with the market worries toward global trade and...
<p>The U.S. dollar index has been gaining in strength over the past week. On Friday, February 3, it surrendered its gain but that could do little to buoy aluminium prices up. LME aluminium dropped further to close at US$1,808.50 per tonne after Friday's night trading, down 0.24 per cent from...
<p>Indian foundry industry acts as an ancillary industry to the manufacturing sector as it supports auto, auto components, railways, electric, cement etc. It also acts as a downstream industry for the metal industries like steel, iron and aluminium. The Indian foundry industry is third largest...
<p>LME aluminium fell after Wednesday's night trading to US$1,849 per tonne, down 1.12 per cent from the previous day's price of US$1,870 per tonne. Analysts opine a faltering crude oil is responsible for the marginal decline in the metal price. According to Shanghai Metals Market forecast, the...
<p>LME aluminium kept logging higher till the end of last week as dollar index was at its low. The contract closed at US$1,839 per tonne after Friday's night trading, edging higher by 0.32 per cent from the previous day. Shanghai Metals Market forecast says LME aluminium will keep firm and scale at...
<p>The automotive, aerospace, construction, electrical and packaging sectors emerged as the largest aluminium end users in 2016. These sectors will continue to drive aluminium consumption in the foreseeable future as well as in 2017. Let’s explore:</p> <p>{newsStudioGallery}</p>...
<p>LME aluminium touched record highs since the beginning of 2016 during Wednesday's night trading only to come down a little (-2.7 per cent from the previous closing at US$1,805 per tonne) and close at US$1,800 per tonne. According to Shanghai Metals Market forecast, the contract will move within...
<p>2016 has not been a truly encouraging year for scrap aluminium market. Although awareness about aluminium recycling grew manifold among the value chain players, and international bodies made it a point that the smelters, re-melters, and end use product manufacturers complied with the...
<p>LME aluminium has been increasing steadily over the last few days. On Friday, after night trading, the contract closed at US$1,790.5 per tonne, inching higher by 0.13 per cent from the previous closing of US$1,788 per tonne on Thursday. Shanghai Metals Market predicts LME aluminium will keep...
<p>The year 2016 is marked by a distinct shift towards value added applications in aluminium. Aluminium producers around the world fought out to find ways and means to survive the slump in the commodity market. Cost cutting and energy efficiency along with value added applications became the...
<p>Alumina enters 2017 on a positive note. Its price advance last year was ahead of other commodities in the aluminium value chain, and the growing demand from China and Middle East aluminium makers suggests that those gains may be sustained this year as well.</p> <p>{newsStudioGallery}</p> <p><br...
<p>2016 has been a positive year for primary aluminium after a long period of volatility. LME aluminium prices recovered 13.4% in 2016 ending the year with a rate of USD 1714 per ton. The market sentiment on aluminium has improved considerably since the beginning of 2016, when prices hovered at a...
<p>According to a Kenanga Research report, Press Metal Bhd is expected to see further earnings growth in 2017, driven primarily by the rising US dollar and stronger aluminium prices. This positive move is also supported by strong demand from Asia ex-China.<br /><br />Aluminium prices recovered...
<p>We have just wrapped up 2016 and are preparing ourselves towards a productive 2017. The year has ended with a positive note for the industry as well as AlCircle. Since, we call ourselves the Virtual Aluminium Ecosystem, AlCircle’s growth story coincides with the growth of the...
<p>LME aluminium diverged from falling crude oil prices on Thursday ending marginally higher at US$1,709 from the previous day's closing. Unlike aluminium other base metals fell across the boards as one of the key indicators, crude oil price, lost its overnight surge. Crude oil futures rallied to...
