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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LME aluminium is expected to rebound to $1,879 per tonne, as it has found a support at $1,836. The support is provided by the 50 percent Fibonacci retracement on the rise from the May 21 low of $1,754.75 to the June 9 high of $1,918, it could have triggered a rebound towards the 23.6 percent...
Aluminium Wire Market in Greece to 2018 – Market Size, Trends, and Forecasts is a new market research publication announced by Reportstack. This industry report offers the most up-to-date market data on the actual market situation, trends and future outlook for aluminium wire in Greece. The...
UC RUSAL, a leading global aluminium producer, presents its overview of the aluminium market trends. A number of influential factors that have emerged in recent weeks cause the Company to become increasingly bullish about the near term prospects for the aluminium price and UC RUSAL believes a...
The oversupply of aluminium will be compensated by the positive outlook for aluminium demand, lending a support for the prices of aluminium in the year 2015, as stated by Capital Economics’ recent study report. The addition of plant capacities in China and Middle East has lead to an excess in the...
LME Aluminium prices have been continuously trading in a falling wedge since last one and half years, and recently it witnessed a falling wedge breakout which indicates the short to medium term outlook for the metal remains positive. We can see a minimum three upper resistance and three lower...
Primary aluminium’s global demand is expected to rise by 7% in the year 2014 as a result of the huge growth in China, said an Alcoa senior executive. Timothy Reyes, Alcoa material management’s president, said in a conference the company was expecting the demand for Chinese primary aluminium to rise...
Tajikistan Aluminium Company (TALCO), Central Asia's largest aluminium smelter, cut output by 39.5 percent in annual terms to 36,000 tonnes in January-March, the Economy and Trade Ministry said on Tuesday. The fall in output in the first quarter is largely in line with TALCO's pessimistic outlook...
Hindalco Industries Ltd, India’s second-largest aluminum producer, is targeting a record output of the lightweight metal this fiscal year to resurrect earnings estimated to have plunged to the lowest in nine years. Billionaire chairman Kumar Mangalam Birla plans to raise production by more than 50%...
United Co. Rusal, the world’s largest aluminum producer, is posting its best monthly rally on record as Goldman Sachs Group Inc. and VTB Capital predict a rebound in the metal will make the company profitable again. Shares of Rusal jumped 2.6 percent to an 11-month high in Moscow yesterday,...
British banking giant Barclays believed that the LME aluminum prices are expected to average $1,850 a ton in second quarter of this year. First quarter LME aluminum prices were slightly below expected, averaging $1,708 a ton versus Barclays forecast of $1,750 a ton. Barclays maintain their...
Inbound shipments of alumina to China fell 18.91% to 376,900 tonnes in March due to production cuts at aluminum producers and falling prices, Shanghai Metals Market understands. In China, more than 1.32 million tonnes of aluminum capacity has been put offline by the week ending April 18, leaving...
LME aluminium is expected to break a support at $1,848 per tonne and fall more to $1,814, as a drop from the April 11 high of $1,902.50 has not completed. The drop followed a completion of a corrective wave cycle that developed from the Feb. 3 low of $1,671.25. Based on a Fibonacci retracement...
Markets have a positive outlook for aluminum in 2014, and expect consumption to grow by about 6%, the same as in 2013. But capacity cuts may lower the surplus during the year as we have seen industry is shutting down inefficient plants to support prices. While most large aluminum companies are...
LME aluminium is expected to retest a support at $1,848 per tonne, as a drop from the April 11 high of $1,902.50 has not completed. The drop followed the completion of an uptrend that developed from the Feb. 3 low of $1,671.25. A Fibonacci retracement analysis on the trend reveals the support at...
Aluminium outlook for 2014 appears positive with consumption to grow by 6% as in 2013 but new capacity creation despite shut down of inefficient plants could have a bearing on market. China, the largest consumer and produce of the metal would be a deciding factor for the commodity, according to...
Analysts are growing optimistic and raising earnings forecasts for Press Metal Bhd (Press Metal) as the group is in the early stage of an earnings upcycle. Its strong investability is premised on improved balance sheet, upturn in aluminium prices and premiums and capacity boost following the...
Global Information Inc. announces the addition of a new market research report "A Strategic Outlook for Aluminium in the Electrical & Electronics Sector to 2022" at GIIResearch.com This study provides a comprehensive review of the market for aluminium in the Electrical & Electronics (E&E) sector in...
Global Information Inc. announces the addition of a new market research report "The Global Aluminium Industry Outlook by Product/Sector to 2023" at GIIResearch.com Aluminium usage across the world increased from 39 million tonnes in 2003 to 63.7 million tonnes in 2013 at a CAGR of 5%. This growth...
