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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CRU, independent commodity industry analysts and management consultants in the global metals, mining and fertilizer industries, have launched their new Bauxite Long Term Market Outlook, which provides detailed forecasts of the global bauxite industry. CRU’s team of industry experts has compiled the...
World Aluminium Market reported that China has developed from a large aluminium manufacturing country to a primary powerful country. Meanwhile, China is also a large aluminium scarp import country. Chinese scarp import volume in 2011 was 2.69 million tonnes while export volume was 1200 tonnes. It...
Sumitomo Corp., Japan’s fourth- largest trading house, raised its forecast for a global aluminum surplus to the highest level in two years as demand from China, the biggest consumer, won’t be enough to absorb new capacity. Supply will outpace demand for a seventh year by 866,000 metric tons this...
China's domestic aluminum production is now expected to reach 25 million mt in 2013, up from a forecast of 24 million mt at the start of the year, an analyst at state nonferrous metals information division Beijing Antaike said Tuesday. The latest forecast is 12.1% higher than the estimated 22.3...
China has developed from a large aluminium manufacturing country to a primary powerful country. Meanwhile, China is also a large aluminium scarp import country. Chinese scarp import volume in 2011 was 2.69 million tones, while export volume was 1200 tonnes. It is predicted that this situation will...
HARBOR expects the global primary aluminum market to experience in 2013 its seventh consecutive surplus (609,000 tons vs 485,000 tons in 2012 ). China should be effectively a balanced market with a surplus of only 124 ktons, while we expect the Rest of the World (RoW) to experience a surplus of 485...
A recent in Reuters by Andy Home paints a rather depressing picture of the aluminum market – if you are a producer. But if you are a consumer, some would argue it appears much rosier. The article essentially details rising production around the world and only slowly rising demand. The result of...
LME aluminium is expected to rebound to $2,056 per tonne, as it has completed a wave 3. This is the third wave of a five-wave cycle that started at the Feb. 20 high of $2,129.50, and it has completed after travelling a distance exactly 1.618 times the length of the wave a, as indicated by a...
The European Commission predicted last Friday that the euro zone’s economy will shrink 0.3% in 2013, down from its earlier forecast. The ongoing general election in Italy will add uncertainties to the European economy. As a result, the US dollar rose against the euro, causing LME aluminum prices to...
Kaiser Aluminum Corp. said it is benefiting from surging global demand for passenger aircraft and forecast a stronger second half, in part because of lean inventories. The Foothill Ranch, Calif., company, which emerged from bankruptcy proceedings in 2006 and makes semifinished aluminum products,...
Barclays forecast a 1.8Mt market surplus for aluminium in 2013, which would drive the stock-to-consumption ratio to more than nine weeks over the course of the year. There is more diversity in perspective on the aluminium market this year, they said. The standout performer over the past week has...
Aluminum in London declined by the most in three weeks as markets in Shanghai reopened after a week-long holiday amid expectations of growing supplies. Copper, zinc, lead, nickel and tin also fell. Aluminum for delivery in three months fell as much as 1.2 percent to $2,143 a metric ton on the...
Aluminium Bahrain BSC expects demand for the metal to increase this year as Saudi Arabia and other Middle Eastern countries spend more on housing, while sales will also rise in North America. “The physical demand this year looks healthy,” Chief Executive Officer Tim Murray said today on a...
The moderate increase in demand and deliveries for aluminium foil products from European manufacturers, seen during the first three quarters of 2012, was maintained in Q4. The year ended with total production up 2.1% at 818,400t (2011: 801,600t) according to the European Aluminium Foil Association...
The global aluminum production is expected to continue its recovery this year after bottoming out in the course of 2012, Norsk Hydro said on Tuesday on the occasion of the publication of quarterly figures exceeded expectations. The Norwegian group, one of the largest aluminum producers in the...
Russia's United Company RUSAL Plc, the world's top aluminium producer, said on Friday it expects 2013 global aluminium demand will rise 6 percent, fuelled by investment in large-scale infrastructure projects in China. RUSAL's positive tone comes after a tough year for aluminium produers due to the...
In the beginning of Feb.,Australian alumina prices are on the increase. The price was quoted at 346$ per metric ton now, almost 4% prior to the ending of Jan.It is forcasted that the increase of Australian alumina price will great give rise to China’s imported alumina average price, which is...
The GCC’s aluminium production is expected to reach five million tonness by 2014 in order to cater for the increasing global demand. Demand globally is estimated to increase and reach 70 million metric tonnes per year by 2020 and GCC countries are expected to boost aluminium production capacity by...
