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...
Grow with
AL Circle
Aluminium experts discussed that the aluminium market will balance out in 2015 during the metals market outlook review meeting held on 16th December by Chalco. The meeting was attended by eminent names in the aluminium industry which includes institutions like Commodity Research Unit (CRU), Beijing...
China’s aluminum alloy consumption will grow in 2014 due to robust demand from wheel manufacturers, Shanghai Metals Market foresees. Strong exports of China’s aluminum alloy wheels will support aluminum alloy consumption. China exported 71,500 tonnes of aluminum alloy wheels in October, up 13.0%...
HULAMIN said in a revised trading statement that it will see significantly higher earnings per share (EPS) and headline earnings per share (HEPS) for the year to end-December. The aluminium manufacturer said on Tuesday it had earlier expected a more than 20% improvement from the year-earlier...
"Alumnum market in 2015 will repeat the trend of price movements seen in 2014," Shanghai Metals Market's alumnum analyst predicts. "In 2015, LME aluminum price will range $1,850-2,150 per tonne, and 12,800-15,000 yuan per tonne in SHFE alumnum market," said Wang Chunhui, SMM's aluminum analyst....
Aluminium settled up 0.31% at 129.30 with the rise in demand and decline in the growth of supply. The demand growth in the domestic market would definitely considerably affect the export of aluminum to foreign lands. According to the forecast the domestic demand for aluminum from China will...
Highlights • Altech’s Bankable Feasibility Study (BFS) confirms an optimised annual production rate for its proposed high purity alumina (HPA) plant • Proposed HPA plant annual production rate increased to 4,000tpa • BFS is on schedule for completion during Q3 2015 Altech Chemicals Limited is...
Aluminum is expected to prove resistant to declines, and may rally this week, Shanghai Metals Market’s Xue foresees. A slew of risky events are going to be released this week, and the results are believed to put a downward pressure on base metals market, in addition to a strong dollar. “Aluminum,...
Aluminum oversupply in China will worsen in Q4 2014, and even more so into Q1 next year, as additional over 2 million-tpy new capacity will come on stream for the remainder of the year, Shanghai Metals Market foresees. Currently, over 80% of China’s aluminum capacity is operating in the black in...
According to RHB Research Institute Sdn Bhd, Press Metal Bhd has impressive prospects as earnings are expected to rise with improved aluminium prices, higher turnover and lower effective tax rate. The Press Metal earning projection for FY15 is calculated by RHB Research to be higher by 11.3%. The...
A recent report by Reuters quoted comments from UC Rusal Deputy Chief Executive Oleg Mukhamedshin at London Metal Exchange Week saying the world’s largest producer did not intend to bring any idled production back onstream for the next 3 years and expected its production to remain flat for the...
Highlights • Global HPA market estimated at 19,040tpa in 2014 with increase to 48,230tpa anticipated by 2018 • Market growth forecast at a CAGR of approximately 28% • Asia Pacific region HPA market share 70% • Asia Pacific potential location for AMMG’s HPA plant – best geographic position to...
WESTPAC chief economist Bill Evans says he doesn't hold any great hopes for the alumina industry, with low commodity prices set to continue. Speaking at the GEA Major Industry Conference in Gladstone on Thursday, Mr Evans said the future for the industry appeared grim. More than 3000 people work in...
Nic Brown, the head of commodities research at Natixis announced at the LME Metals Seminar in London that aluminium prices will average above $2000 per tonne in 2015. Addressing the delegates, Brown said that the global shortage of bauxite coupled with the increase in demand worldwide, aluminium...
Nic Brown, the head of commodities research at Natixis announced at the LME Metals Seminar in London that aluminium prices will average above $2000 per tonne in 2015. Addressing the delegates, Brown said that the global shortage of bauxite coupled with the increase in demand worldwide, aluminium...
Nic Brown, the head of commodities research at Natixis announced at the LME Metals Seminar in London that aluminium prices will average above $2000 per tonne in 2015. Addressing the delegates, Brown said that the global shortage of bauxite coupled with the increase in demand worldwide, aluminium...
The Director of metals research and strategy at Citigroup Inc. David Wilson stated recently that the unwinding of financial deals is likely to curb the upward climb for aluminium prices in the coming year. According to Citigroup estimates, nearly 20% of the world’s aluminium supply amounting to...
New data from the European Aluminium Association (EAA) predicts a bright future for aluminium in the European market, driven primarily by thriving demand for its applications in transport. End-use demand for aluminium in Europe will almost double in the coming decades, from 12 million tonnes per...
According to Alcoa yearly report their projected aerospace sales growth is a healthy 8 to 9 percent thanks to growing demands in both large commercial aircraft and regional jets. They have even revised their global automotive production growth for 2014 from a previous estimation of 1-4 percent to...
