NewsMarketPage 73

Grow with
AL Circle

KNOW MORE
China downstream sector turns bearish towards secondary aluminium prices
29 NOV 20172MINS

China downstream sector turns bearish towards secondary aluminium prices

Following the slump in Aluminium A00 ingot prices and intensification of bearish sentiment in the market, downstream sector participants have turned sceptical about performance of the domestic secondary aluminium market. Some are intending to take a ‘wait-n-watch’ stance before transaction improves...

Global metal packaging market estimated to grow at a CAGR of 3.28% by 2022
23 NOV 20171MINS

Global metal packaging market estimated to grow at a CAGR of 3.28% by 2022

Global Metal Packaging Market is projected to reach USD 138.1 million by the end of 2022. The market will grow at CAGR of 3.28 per cent during the mentioned period, according to the report on Global Metals Packaging Market by Market Research Future (MRFR). Aluminium aerosol cans demand has been...

China’s alumina output on a new high in October;  spot prices on a downward curve
13 NOV 20172MINS

China’s alumina output on a new high in October;  spot prices on a downward curve

Spot Alumina prices are on a downward curve after staying flat since the last week of October, following downtrend in aluminium. As updated by Shanghai Metals Market, average spot alumina price in China has dropped from RMB 3719/t on November 10 to RMB 3701/per tonne on November 13. SMM expects the...

Spot Alumina prices in China drop following downtrend in aluminium,  to test support at RMB 3700/t
10 NOV 20172MINS

Spot Alumina prices in China drop following downtrend in aluminium, to test support at RMB 3700/t

Spot Alumina prices drops for the first time after staying flat since the last week of October, following downtrend in aluminium. As updated by Shanghai Metals Market, average spot alumina price in China has dropped from RMB 3730/t to RMB 3719 per tonne on November 10. SMM expects the spot prices...

Aluminium futures tad higher by 0.18% on spot demand
08 NOV 20171MINS

Aluminium futures tad higher by 0.18% on spot demand

Aluminium prices were marginally higher by 0.18 per cent to INR 139.90 per kg in futures trade today as speculators created fresh positions amid improved demand in the spot market. At the Multi Commodity Exchange, aluminium for delivery in November inched up by 25 paise, or 0.18 per cent to INR...

Norsk Hydro may restart Norway aluminum smelter unit, CEO says
30 OCT 20172MINS

Norsk Hydro may restart Norway aluminum smelter unit, CEO says

Aluminum maker Norsk Hydro may restart a mothballed Norwegian production line as global metals markets tighten following a Chinese clampdown on pollution, the company’s chief executive told Reuters. Hydro is considering boosting output at its Husnes plant by some 95,000 tonnes per year, raising the...

London Metal Exchange lays out timeline for reform
30 OCT 20174MINS

London Metal Exchange lays out timeline for reform

The London Metal Exchange has laid out the timeline for its plans to reform and reverse declining volumes ahead of an annual gathering of the metals industry in London starting Oct. 30. Discussions during LME Week will range from LME fee cuts to new charges on the use of LME prices for...

North America’s primary production drops 2.2% in the first three quarters of 2017
26 OCT 20172MINS

North America’s primary production drops 2.2% in the first three quarters of 2017

The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported primary aluminium production in North America (U.S. and Canada) for the month of September. Production rate for the month of September was at an annual rate of 3,942,596 tonnes during September 2017. Month...

Alcoa sees global aluminum market balancing on China's curbs
21 OCT 20172MINS

Alcoa sees global aluminum market balancing on China's curbs

Alcoa Corp. sees Chinese cuts in aluminum production returning the global market to “relative balance” as the Asian nation’s supply-side reforms begin to bite. The largest U.S. aluminum producer reduced its global surplus forecast for the lightweight metal this year as China appears to be holding...

Global aluminium welding wires market to grow at CAGR of 6.25% during 2017-2021
19 OCT 20171MINS

Global aluminium welding wires market to grow at CAGR of 6.25% during 2017-2021

According to the latest market research report by Absolute Reports, the global aluminium welding wires market is projected to grow at a significant CAGR of 6.25 per cent during the years 2017-2021. Largescale increase in demand for welding wires for repair and maintenance in developing economies of...

It's Ready, and It's Shipping: Global Aluminium & Raw Material Market with Sectoral Focus on CPC, CTP and Prebaked Anode (2016-17)
13 OCT 20173MINS

It's Ready, and It's Shipping: Global Aluminium & Raw Material Market with Sectoral Focus on CPC, CTP and Prebaked Anode (2016-17)

Global Aluminium & Raw Materials industry dynamics is changing fast with the quick growth of aluminium production in China and Asia. It becomes imperative for the global aluminium industry players to be well apprised of the changes in the market and the supply chain. AlCircle, as one of the leading...

China’s unwrought aluminium, aluminium products exports fall in September
13 OCT 20171MINS

China’s unwrought aluminium, aluminium products exports fall in September

China’s unwrought aluminium and aluminium products export volumes dropped for three straight months in September, according to the latest numbers reported by China Customs. China’s exports of unwrought aluminium and aluminium products fell 10 per cent to 370,000 tonnes in September. The country...

Japan aluminium market jumps on Kobe Steel falsified data admission
10 OCT 20171MINS

Japan aluminium market jumps on Kobe Steel falsified data admission

Japanese steel and aluminium product manufacturer Kobe Steel’s admission of presenting falsified data on aluminium and copper product shipments boost the shares of Japanese aluminium companies. Shares of Daiki Aluminium Industry, UACJ and Molitec Steel, rose by 9.3 per cent, 7.3 per cent and 16 per...

Report projects a balanced aluminium market in 2017 and 2018, auto demand to drive aluminium consumption
07 OCT 20173MINS

Report projects a balanced aluminium market in 2017 and 2018, auto demand to drive aluminium consumption

According to the latest Resources and Energy Quarterly for September 2017 by Australian Government's Department of Industry, Innovation and Science, World aluminium production increased by 5.8 per cent YoY in the first eight months of 2017, to over 40 million tonnes. Production growth was driven by...

Global HPA demand to reach 86,831 tpa growing at 17% CAGR by 2024, Iggy Tan
06 OCT 20172MINS

Global HPA demand to reach 86,831 tpa growing at 17% CAGR by 2024, Iggy Tan

Altech Chemicals’ managing director, Iggy Tan said global high purity alumina demand is expected to reach 86,831 tonnes per annum by 2024 growing from 25,315 tonnes per annum in 2016. The market will grow at a CAGR of 17 per cent driven by LED and lithium-ion battery segment growth. Global demand...

Global activated alumina market to be valued at US$1.32 bln by 2025
04 OCT 20172MINS

Global activated alumina market to be valued at US$1.32 bln by 2025

According to a recent study by Grand View Research Inc., the global activated alumina market is projected to reach US$1.32 billion by 2025 growing at a CAGR of 5.4 per cent. Growing demand from key end-user industries such as, Water Treatment, Oil & Gas will drive the growth in the market. A robust...

Why buy the AlCircle Market Insight on Aluminium & Raw Materials: CPC, CTP and Anode?
03 OCT 20173MINS

Why buy the AlCircle Market Insight on Aluminium & Raw Materials: CPC, CTP and Anode?

The global aluminium industry is at an inflection point. Production bases of Aluminium, CPC, CTP, and Prebaked Anodes had long started their shift from the West to Asia. Today, China is at the driver’s seat, as far as aluminium and carbon raw materials supply and demand is concerned, and is...

Global aluminium deficit may widen on the back of Chinese capacity cuts: ICRA
28 SEPT 20172MINS

Global aluminium deficit may widen on the back of Chinese capacity cuts: ICRA

The leading Indian rating agency ICRA said on Tuesday that it expects the global aluminium deficit to widen this year on the back of Chinese production drop which may total up to 4 million tonne due environmental crackdowns. The agency said that base metal prices which are currently on an upward...