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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Research on Alcoa Inc. and Century Aluminum Co. -- Aluminum Industry Steady Despite Recovery Slowdown
Aluminum companies have come down a little during the economic recovery's latest stumble. Demand from several industries has softened slightly but does remain strong in other areas. Demand for aluminum is still expected to grow 12% in 2011. Despite some recent headwinds, several companies still...
Aluminium price outlook turns wobbly
Alcoa expects the automotive sector to now grow by 4-8%, down from 5-11% projected during the March quarter, and commercial building and construction to grow at 1-3%, compared with 2-3%.
SMM Morning Review – 2011/7/18 Aluminum Market
On July 15, the US Department of Labor announced that June CPI was down 0.2% MoM, worse than the expected 0.1%. Later US FED announced June industrial production growth was 0.2%, lower than the expected 0.3%. As weak US economic data and spreading European debt crisis dampened investor risk...
China H2 Aluminum Output to Raise 8% on H1 - Report
China's production of primary aluminum is likely to rise at least 8% in the H2 of the year from the first, thanks to new capacity and steady prices that prompt smelters to use idle capacity. Industry sources said that H2 output would not be hurt by Beijing's tighter curbs on new projects because...
ALUMINIUM-Major market developments in June
Aluminium prices lost ground in June and while they may drift lower as demand softens for seasonal reasons, the market is expected to hold firm in coming months even though it is on course for another year of supply surplus. "Demand has slackened a bit, but we expect it to accelerate after the...
Buy Hindalco; target of Rs 195: Greshma Research
Greshma Research is bullish on Hindalco and has recommended buy rating on the stock with a target of Rs 195 in its July 12, 2011 research report. ?Hindalco, we expect Novelis to post encouraging numbers going ahead on account of expansion, restructuring and debottlenecking activities undertaken by...
On the Call: Alcoa CEO Klaus Kleinfeld
NEW YORK Alcoa Inc. has predicted sales will improve across its range of businesses this year, from aerospace to beverage cans. During a second-quarter conference call with analysts Monday, Chairman and CEO Klaus Kleinfeld forecast Alcoa's sales to aerospace businesses would grow about 7 percent in...
World aluminium demand to double in 10 years
World demand for aluminium will double in the next decade, driven by growing use in aircraft, transportation and luxury cars, the head of major European products maker Amag said on Monday. 'We forecast that demand for aluminium will double within the next 10 to 12 years, so a global growth rate of...
World aluminium demand to double in 10 years
World demand for aluminium will double in the next decade, driven by growing use in aircraft, transportation and luxury cars, the head of major European products maker Amag said on Monday. 'We forecast that demand for aluminium will double within the next 10 to 12 years, so a global growth rate of...
Alcoa profit rises on higher metal prices
US aluminium-maker Alcoa has posted a big increase in second-quarter profit, helped by rising metal prices. Net profit for the three months to the end of June came in at $322m (£202m), compared with $136m in the same period last year. Sales rose 27% to $6.6bn. Aluminium sold in a range of $2,500 to...
Aluminium prices may go up 10% to $2,800 in medium term
Tracking crude oil, which is set to increase on the back of rising demand from emerging economies and supply concerns, global aluminium prices are expected to rise in the near to medium term. According to industry experts and analysts, aluminium may rise to $2,800 a tonne in a year from the present...
Alcoa Profit May Double as Airbus to GM Drive Aluminum Demand
Alcoa Inc. (AA), the largest U.S. aluminum producer, may say second-quarter profit more than doubled as customers from General Motors Co. (GM) to Airbus SAS helped drive demand for the lightweight metal. Profit excluding one-time items rose to 33 cents a share, from 13 cents a year earlier,...
Alcoa Profit May Double as Airbus to GM Drive Aluminum Demand
Alcoa Inc. (AA), the largest U.S. aluminum producer, may say second-quarter profit more than doubled as customers from General Motors Co. (GM) to Airbus SAS helped drive demand for the lightweight metal. Profit excluding one-time items rose to 33 cents a share, from 13 cents a year earlier,...
Outlook for aluminum production
Aluminum production increased year-on-year in the first quarter of 2011, both in China and in the rest of the world. Chinese production rose as producers re-started capacity that had been curtailed in the second half of 2010 in an effort to meet energy efficiency targets, according to a report from...
Aluminum Maker Alcoa Will Start 2Q Earnings Season
Signs that Alcoa benefited from more sales of aluminum at higher prices as it coped with rising energy and raw materials costs. Some of its customers were also affected by the aftermath of Japan's earthquake and tsunami in March. The aluminum manufacturing giant, based in Pittsburgh, has seen...
Twin Tower Aluminium Revises Earnings Forecast
Taiyuan Twin Tower Aluminum Oxide (000795) revised its earnings forecast for the first half of 2011, reports Shanghai Securities News, citing a company filing. The maker of rare earth permanent magnet materials and related products now anticipates a 640-680 percent year-on-year growth in first half...
Price journey of aluminium
Set to soften in H2 this year, to be $2,400-$2,600/tn in 2012. Where will aluminium prices be in 2012? According to U C Rusal, the world’s leading producer of the white metal, aluminium prices will rise from the present level of around $2,510 a tonne to anything up to $3,000 a tonne, no matter even...
Brazilian copper and aluminum demand to grow at double digit rates in 2011
According to estimates from UK based investment bank Barclays Capital, consumption of copper and aluminum in Brazil is expected to continue growing at double digit rates in 2011. Analysts Mr Costanza Jacazio and Ms Roxana Mohammadian Molina said that "Adding to the recent strength in metal demand...
