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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Aluminium is trading on the soft side of this year's $1,900- to $2,600-per-ton range after Chinalco, the country's top aluminum producer and the trading arm of Aluminum Corp of China ( ACH , quote ), released a statement projecting that China's production of primary aluminum is set to rise by 10.5%...
Norwegian aluminium maker Norsk Hydro said restructuring paid off with final quarter core profit above forecast while lower prices and a weakening market did not dent its business as much as feared. "We have taken swift measures to improve operations, and we are prepared for further corrective...
Alumina Ltd has delivered a near fourfold surge in full year net profit on the back of higher alumina and aluminium prices and production, but says it has a cautious outlook for 2012. Net profit for the 12 months to December 31 was $US127 million ($A119.16 million), up from $US35 million ($A32.84...
A combination of output cuts covering around 8% of global supply and an upturn in demand should leave the global aluminium market "almost balanced" in 2012, Russian aluminium producer Rusal said Monday. Global primary aluminium consumption is set to grow 7% in 2012 to 48.2 million mt, while total...
The trading arm of Aluminum Corp of China expects China's production of primary aluminium to rise 10.5 percent this year as capacity grows, even as weak aluminium prices spurred some smelters to delay the start-up of new capacity in January, said a report on the company's website...
United Co. Rusal (486), the world’s largest aluminum producer, expects global demand growth for the metal will slow this year as consumption in Europe remains flat, prompting producers to idle capacity. Global aluminum demand may gain 7 percent to 48.2 million metric tons this year, down from last...
Top aluminium producer RUSAL Plc said on Monday that it expects more companies to cut aluminium output this year, with China accounting for about a third of global cuts, but still forecast that global output would top demand. A supply glut on the back of a deepening European debt crisis and global...
The world's top aluminum producer, Russia's United Company RUSAL Plc, said on Monday it may cut aluminum output by 6 percent in the next 18 months, joining similar moves by other producers of the metal, as it shifts some sales of aluminum produced at the end of 2011 to this year. A supply glut amid...
Aluminum products producer Novelis cut its fiscal-year earnings estimate for the second time, citing lower shipments because of soft demand in Europe and weakness in its electronics business in Asia. But the U.S. unit of top Indian aluminum producer HindalCo Industries Ltd said it was seeing signs...
Aluminum will be in shortage in 2014 for the first time since at least 2005 as copper moves into surplus, Barclays Capital said. The aluminum shortage will be 33,000 metric tons against a surplus of 224,000 tons this year and 336,000 tons next year, Barclays said in a report e-mailed today. Copper...
Aluminium prices are expected to rise up to 10 percent from current values by the end of the second quarter, as output cuts take effect, a senior executive at Rusal, the world's largest producer of the metal, said on Wednesday. Prices could rise up to $2,400-$2,500 per tonne, Rusal executive Oleg...
According to the China Nonferrous Metals Industry Association, China produced 1.991 million tons aluminium products in December, up by 0.4% on YoY basis. From January to December, aluminium products output reaches 23.456 million tons, up by 20.6% on YoY basis. Affected by the Spring Festival, it is...
Alcoa (AA 0.00%) is a business that is highly susceptible to global economic conditions. Decline in aluminum demand led to a fall in spot prices in the fourth quarter of 2011. Consequently, the market has been quite harsh on the company's stock, pushing it down into single digits. We have taken...
Aluminium prices rising modestly to an average of $2,250/tonne in 2012, but significant downside risks clearly exist, said a 2012 first quarter Metals Review by Natixis Commodity Markets Ltd. According to Natixis, despite a rapid increase in demand for aluminium, a sustained increase in supply kept...
Japanese aluminum alloy suppliers are still nervous about their business outlook for the year, even though Toyota Motor has revised up its 2012 sales forecast as automakers reorganize supply chains to cut costs, industry sources said Thursday. Toyota Motor on Wednesday said its domestic passenger...
Japanese aluminum alloy suppliers are still nervous about their business outlook for the year, even though Toyota Motor has revised up its 2012 sales forecast as automakers reorganize supply chains to cut costs, industry sources said Thursday. Toyota Motor on Wednesday said its domestic passenger...
Japanese major general trading house, Sumitomo Corporation forecasted world primary aluminum demand would increase by 5.5% to 45.681 million tonnes in 2012 compared with the level in the previous year while world supply would increase by 3.8% to 46.622 million tonnes. The oversupply would narrow to...
It is expected that electrolytic aluminium apparent consumption may reaches near 24,000 thousand tons in 2015 increased 8.6% yearly. This year real estate market may difficult to get rid of depression and the increase rate of automobile industry reached a record low last year after enter into WTO....
