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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Notwithstanding the unfavourable conditions around, Vedanta still manages to project a positive picture in the market. India-focused miner Vedanta gave a sturdy outlook for commodity markets, bucking the trend among peers, even as aluminium losses, a weak rupee and higher interest payments hit...
Global Industry Analysts, Inc. brings about a smile to the aluminium leaders around the world with the release of its comprehensive global report on the Aluminum markets. The global market for Aluminum is forecast to reach 71.2 million tons by the year 2018. Major factors driving growth in the...
China's total imports of scrap aluminum stayed high at 2.686 million mt in 2011, though falling 5.9% from a year earlier. As domestic scrap aluminum recycling increases, Chinese aluminum recycling businesses now use more domestically produced aluminum scrap. On the other side, the increase in...
United Co. Rusal, the world’s largest aluminum producer, fell to a four-month low as Renaissance Capital forecast a 5 percent decline in margins from the previous quarter. Rusal lost 1.3 percent to 196.98 rubles by the end of trading in Moscow, the lowest level since Jan. 10. “The rising oil price...
Goldman Sachs gave their outlook for aluminium as "bullish" supported by several factors such as rise in Chinese demand indicated by a fall in inventories at the London Metal Exchange, Shanghai Futures Exchange and COMEX amid constrained supply in the country. In a report released on May 2, 2012,...
Spot aluminum stocks did not increase following the May Day holiday. Due to transportation delays, aluminum stocks dropped in Guangdong. Domestic alumina prices climbed due to rumors of Indonesian export restriction, which in turn helped aluminum prices rebound. The most active SHFE aluminum...
Region’s smelters set to more than double net exports as GCC and Russia become key deficit suppliers The Gulf Cooperation Council (GCC) is set to become the world’s largest exporting region of primary aluminum by 2020, according to Dubai Aluminium Company (Dubal). The net export balance of major...
Visiongain’s analysis indicates that the global aluminium market will reach a value of $112.3bn in 2012. The market value will rise mainly due to demand from transport and construction end-use sectors; both sectors together will account for more than half of the global aluminium consumption. The...
Norway-based aluminium producer Norsk Hydro reined in its expectations for market growth this year due to weak demand from Europe, as it posted a bigger-than-expected drop in quarterly profit due to a glut in supply that is hitting prices. The company said on Friday it expected global demand for...
The aluminum sector in Brazil, Russia, India and China (BRIC) countries is expected to continue to see healthy growth until 2016, according a new report by the UK based research firm BRICdata. The BRIC countries play a dominant role in global aluminum industry in terms of production as well as...
Aluminum output at the member nations of the Gulf Cooperation Council will climb to 5.21 million metric tons in 2015 from 3.48 million tons last year, said Mahmood Daylami, Gulf Aluminum Council secretary general. Output at the United Arab Emirates will continue to account for half of the total...
China’s aluminum consumption will grow at an annual rate of 10.5 percent to 27.5 million tons by 2015 amid continuous urbanization and investment in infrastructure and construction, said Rusal Marketing GmbH. Growth will slow from the 17.2 percent rate during 2005 and 2010, Chief Executive Officer...
Business Recorder reported that output of copper and aluminium semi finished products in Italy, a major European producer is expected to fall this year as economic crisis and volatile metal prices hit demand. Mr Mr Claudio De Cani director of Italy's nonferrous metals association Assomet said that...
Dublin - Research and Markets has announced the addition of the "Bauxite and Alumina Market Review" report to their offering. The Bauxite and Alumina Market Review is an absolutely essential resource for anyone interested in the detailed information on the reviewed market. Using a wide range of...
Wang Huajun, Deputy Secretary-General of China Nonferrous Metals Industry Association, said in a telephone interview that there are indications that aluminum demand will improve in late 2Q and early 3Q. Sources report that commercial banks began to offer loans for railway construction projects...
In the future aluminum will be widely used in building, means of transport, consumption product and packing material. Especially the demand in China and India will increase largely while a lot of developed countries adopted lightweight aluminum to replace high density material since the improved...
Alcoa Inc.’s March quarter results provide clues to the performance of Indian aluminium firms in the quarter and the outlook in the forthcoming quarters. The company benefited from better aluminium realizations, which were up by 2.5% sequentially, but alumina’s realizations were down 8.5%. Alumina...
China’s aluminum demand is expected to grow at 8 to 10 percent annually on average for the next five years, supported by use in beverage cans and automotive sheets, according to Novelis Inc., the world’s largest user. The company is “very bullish” on a range of aluminum usage, Philip Martens, chief...
