Aluminium extrusion market 2025-2035: Size, segmentation, cost drivers and outlook
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 price outlook: Supply risks could push futures towards ₹356/kg
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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Rusal Sees Aluminum Demand Staying Firm
The world's top aluminum producer UC Rusal expects global demand for the metal to stay robust despite economic worries in the West, a senior executive said on Thursday. The group see worldwide demand growing by 10 percent in both 2011 and 2012, Vladislav Soloviev, Rusal's first deputy CEO, said....
Rusal sees aluminium prices in $2,500-2,600/t range
The world's top aluminium producer UC Rusal sees aluminium prices in a range of $2,500-2,600/t in 2012, supported by rising production costs. Despite macro-economic uncertainty, higher costs for producers should underpin aluminium prices, Vladislav Soloviev, the group's first deputy CEO, told a...
LME aluminium to zigzag up
LME aluminium is expected to zigzag up within a rising channel until it breaks above the upper channel, and surge towards $2,460 per tonne. A high-low bottom has formed around $2,370, and the neckline of the pattern is at $2,410. Strategically, a rise above $2,420 will open the way to $2,460, as...
China’s Primary Aluminium Output May Decline in September
Due to the electric power shortage in Guizhou and Guangxi Province, the aluminium companies are suffering from great loss. It is predicted that China’s primary aluminium output may decline in September. “The electric power supply for many aluminium companies hasn’t been stable since last week”, an...
Metals prices get the shakes - Citigroup Global Market's latest Commodities Strategy report.
Citigroup analysts say global economic prospects are worsening markedly. They have made sharp cuts to US, euro zone and UK growth, and have also shaved more modest margins off their China and India outlooks. Citigroup maintains a positive view on aluminium and expects prices to be sustained around...
Goldman cuts aluminum forecast on weaker developed economies
Goldman Sachs Group Inc lowered its estimates for aluminum prices through 2013 citing weaker growth in developed economies. Analyst of Goldman Mr Sal Tharani and Mr Sandeep SM said that the metal will trade at USD 1.18 a pound next year down from a previous forecast of USD 1.28 and before...
Outlook on Aluminium: Angel Broking
The base metals pack closed the last week on a mixed note with only copper and aluminum closing in the positive territory.Stronger dollar in the last week coupled with poor economic data from the US in the last week had capped gains in base metals. Aluminium was the best performer in the last week,...
SMM Aluminum Price Forecast (Sept. 5-9)
SHFE 1111 aluminum contract prices rose near the 5-day moving average last week, with low-end prices testing RMB 17,450/mt. Daily trading volumes were below 40,000 lots due to tight cash flows at month’s end, while intraday short-term speculative transactions caused positions to fall steadily....
Strengthening Worldwide Demand For Aluminum Bodes Well For Alcoa
Aluminum prices have been hit hard since April. The aluminum ETF ALUM fell from 16.36 on 4/11/11 to a low of 11.19 on 8/8/11. Aluminum looks poised for a rally. The fundamentals are looking better. Just recently, RUSAL (the world's largest producer of Aluminum) CEO Oleg Deripaska, forecasted strong...
Outlook on Aluminum: Kotak Commodity
MCX Aluminum may note some decline tracking copper prices. Also recent jump in stocks at LME warehouses may weigh on the prices. Stocks at LME rose by 75 tonnes yesterday and are in the upper range for the year while those at SHFE fell by 15,885 tonnes. Support for Aluminum September contract is...
Aluminum Price Regain
Harbor Intelligence predicts that aluminum price will regain to $2,702 /Ton during the rest of 2011, and $3,100/Ton in 2012, while during 2013-2014, it will reach $3,400/Ton. Harbor Intelligence also said that three months futures at LME will decrease 3.7%,due to the weak demand of spot products...
Goldman Cuts Aluminum Forecast on Weaker Developed Economies
Goldman Sachs Group Inc. (GS) lowered its estimates for aluminium prices through 2013, citing “weaker” growth in developed economies. The metal will trade at $1.18 a pound next year, down from a previous forecast of $1.28, and before rebounding to $1.22 in 2013, below an earlier estimate of $1.30,...
Research and Markets: Aluminum in Venezuela - Industry Profile Report - Forecast of the Venezuela Aluminium Industry is Acceleration
Research and Markets has announced the addition of the "Aluminum in Venezuela" report to their offering. Aluminum in Venezuela industry profile provides top-line qualitative and quantitative summary information including: market size (value 2006-10, and forecast to 2015). The profile also contains...
Aluminium demand to grow by 13% in 2011: RUSAL
Quoting strong fundamentals of Aluminium, RUSAL says that demand may grow by 13% to 46 million tonnes by 2011 and primary Aluminium production will grow approximately 9% to 46 million tonnes. RUSAL is the world’s largest aluminium producer. China and the Middle East are expected to contribute to...
India's aluminum expansion to fall short of expectations
The expansion of India’s primary aluminum capacity in 2011-12 will fall short of market expectations by some 1.6 metric tons per year, says Harbor Intelligence. Projects have gone through a process of continuous delays and some of them could be canceled due to lack of bauxite and competitive coal,”...
SMM Aluminium Price Forecast (Aug. 29-Sept. 2)
SHFE 1111 aluminium contact prices moved below the 60-day moving average, with prices mainly moving between RMB 17,150-17,350/mt last week. Trading sentiment was sluggish, with daily trading volumes falling to around 50,000 lots. Investors mainly made short-term speculative transactions, keeping...
Hindalco: Expect Aluminum Prices To Remain Range-Bound In Short Term
Global aluminum prices are expected to remain range-bound in the near term as global inventories are at record levels, Hindalco Industries Ltd. (500440.BY) said in its annual report Friday. "Aluminum inventories across the globe are near all-time high. But most of these inventories are reportedly...
Outlook on aluminum : Kotak Commodity
Kotak Commodity has come out with its report on aluminum. MCX Aluminum may note some gains tracking copper prices, however the upside remains capped. Recent jump in stocks at LME warehouses may weigh on the gains. Stocks at LME fell by 7300 tonnes yesterday after rising by 105625 tonnes last week...
