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>A recently published study by WISE GUY Reports has forecasted the global HVDC capacitor market to grow at 15.19% CAGR and reach $4.36 billion by 2020. The report says that the rising demand for electricity has put the current power generation infrastructure under pressure. Besides, demand and...
<p>Reuters Russia Investment Summit in Moscow drew a number of prominent figures from the most important industries in Russia and the globe. During the summit, Rusal, the aluminium major and a major player in Russian economy forecasted that aluminium prices would stabilise within a range of...
<p>Alumina prices in major China markets have been rising steadily over the last few weeks and the Bull Run will likely continue, predicted Shanghai Metals Market.<br /><br />As per SMM survey, trading activity has turned active. There are few large aluminium smelters that are yet to join the...
<p>Russian Aluminium major UC RUSAL announces its results for the 2nd Quarter and 1st Half ended 30 June 2016. Along with reporting the financial results, the company also reports global aluminium market trends for H12016 and its forecast for the rest of the year.<br /> <br...
<p>SMM surveyed 44 Chinese aluminium smelters about their opinions over aluminium price outlook. About 64 per cent of them expect SHFE 1610 aluminium to stabilize between RMB 12,200-12,350/mt and LME aluminium between USD 1,630-1,655/mt. Aluminium stocks in domestic five major markets continued...
<p>According to the latest market study released by Technavio, the global non-ferrous metals market is expected to grow at a CAGR of close to 5 per cent during 2016-2020. The market will be largely driven the aluminium industry growth. <br /><br />The global aluminium market shipped 70.37 million...
<p>Auto-casting manufacturers in India have ended 2015-16 fiscal on a weak note. Monsoon was below average which slowed down demand from rural areas inhibiting offtake by domestic two-wheeler and tractor manufacturers. The cascade effect was reflected in decline in sales in these two segments as...
<p>Strengthening Chinese demand led Norsk Hydro, one of the world's largest aluminium producers, to raise its forecast for global aluminium demand growth this year to 4-5 percent as it reported forecast-beating earnings on Thursday. The company's global aluminium demand forecast, revised up from...
<p>Norsk Hydro reports its Second quarter 2016 results. Hydro's underlying EBIT rose to NOK 1,618 million in Q2 from NOK 1,501 million in Q1 2016. The increase was due to higher realized alumina and aluminium prices and higher sales volumes, slightly offset by currency developments.<br /><br />"We...
Indian aluminium industry is on a strong growth trajectory. Piggybacking buoyancy in the power and automotive sectors, the light metal used in appliances to aerospace, grew at a CAGR (compounded annual growth rate) of eight per cent during 2011-16. The same uptrend is expected to continue till...
Yunnan Aluminum Co. expects itself to return to profit territory in the first half of this year, it said in a statement filed to the Shenzhen Stock Exchange today. The company sees a net profit of 50 million yuan attributable to shareholders of its listed company in H1 2016, a reversal from the...
Aluminium stocks in China’s five major markets have been falling steadily for months, but a turning point is on the horizon, SMM predicts. In fact, the inventory decline has been slowing down in recent weeks, and stocks were down a mere 9,000 tonnes as of July 14, SMM data showed. The table below...
Spot aluminium prices on the European market traded slightly lower last week as worries over Brexit and its impact on future demand influenced buyers. Wrote Donald Levit of Economic Calendar: “While there is not expected to be a huge shift in aluminium demand as the U.K. slowly decouples itself...
According to a recent market research, the global consumption of aluminium rolled products is projected to hit 30 million tonnes in 2020 growing at a CAGR of around 5 per cent. Transportation is likely to surpass packaging to become the fastest growing application market of aluminium rolling, data...
Australia’s Department of Industry, Innovation & Science has projected global alumina deficits of 4 million mt in 2016 and 2017. Global consumption in 2016 is anticipated to rise 3 per cent year on year to 116 million mt and production to rise 3 per cent to 112 million mt, the DIIS said Friday...
Following its 3 June 2016 announcement regarding the strong interest shown in Altech Chemicals Limited as an emerging high purity alumina (HPA) producer during the 12th China International Battery Fair, the company has now presented its 10-year forecast of global demand for HPA used in the...
Base metal prices are expected to rise at first, and then drop this week, Shanghai Metals Market foresees. “A series of risky events will be released later this week, and risk aversion sentiment will grow as the week progresses,” SMM says. Key Macroeconomic Indicators for Base Metal Prices:...
Analyst Chris Olin at Rosenblatt Securities Inc. increased its Earnings per Share (EPS) estimates for Alcoa Inc. The improved EPS estimates reflect an improved profitability outlook for the company’s Alumina segment. The analyst stated that the company appears to be in a better position and could...
