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LME aluminium settles over US$2,000/t mark, outperforms SHFE on positive market sentiment
11 AUG 20172MINS

LME aluminium settles over US$2,000/t mark, outperforms SHFE on positive market sentiment

<p>Finally, the most awaited turnaround in the aluminium market seems to have arrived! &nbsp;LME aluminium which hit the highs after more than two-and-a-half-years has crossed the US$2,000 per tonne mark on Wednesday, August 9, at US$2,018 per tonne and climbed further up to close at US$2,024 per...

Global aluminium composite panels market to grow at a CAGR of 7% by 2022
10 AUG 20171MINS

Global aluminium composite panels market to grow at a CAGR of 7% by 2022

<p>The global aluminium composite panels market is anticipated to grow at a composite annual growth rate of seven per cent by 2022, according to a new research report. The report provides answers to the stakeholders helping them to know which market segments they should focus on during the next...

Century Aluminum optimistic about capacity reopening with new power agreement
06 AUG 20172MINS

Century Aluminum optimistic about capacity reopening with new power agreement

<p>In an investor presentation on Wednesday, Century Aluminum&rsquo;s president and CEO&nbsp;Michael Bless said that his firm plans reopening the 100 thousand tpy of idled aluminium smelting capacity in the United States soon. He however added that the reopening depends on the availability of...

India’s MCX aluminium drops 0.08% amid sluggish spot market demand
05 AUG 20171MINS

India’s MCX aluminium drops 0.08% amid sluggish spot market demand

<p>Aluminium futures traded on India&rsquo;s Multi Commodity Exchange eased by 0.08 per cent to INR 122.20 per kilogram on Friday, August 4. Market participants cut down their bets based on speculations amid weak demand in the spot market</p> <p style="text-align: center;"><img...

Japan’s aluminium powder and flakes imports likely to pick up after a brief lull in 2017
03 AUG 20172MINS

Japan’s aluminium powder and flakes imports likely to pick up after a brief lull in 2017

<p>The global aluminium powder and flakes market is estimated to be valued at US$3,453 million by 2021 growing at a CAGR of 3.51 per cent from US$2,808 million in 2015. The key players in the industry are expected to cash on the opportunities that abound the market during this period. Japan, known...

Aluminium demand and apparent consumption up in North America through May 2017
31 JUL 20172MINS

Aluminium demand and apparent consumption up in North America through May 2017

<p>According to the preliminary estimates published by Aluminium Association indicate that aluminium demand in the United States and Canada that includes shipments by domestic producers plus imports increased 4.2% YoY to stand at 11,538 million pounds in the first five months of 2017.</p> <p...

Aluminium foil packaging market to chart steady growth in emerging economies
28 JUL 20172MINS

Aluminium foil packaging market to chart steady growth in emerging economies

<p>According to a new report by Transparency Market Research, the global aluminium foil packaging market is projected to witness a steady stable growth due to increasing demand and consumption of consumer goods in the emerging economies. The aluminium foil packaging market is expected to grow at a...

UC Rusal reports substantial increase in total aluminium and value added sales in Q2 2017
28 JUL 20172MINS

UC Rusal reports substantial increase in total aluminium and value added sales in Q2 2017

<p>UC RUSAL the leading global aluminium producer, announces operating results for the second quarter 2017. Aluminium production in Q2 2017 increased 1.2% QoQ to stand at 921 thousand tonnes.&nbsp; Notably, 94% of total aluminium output was contributed by Siberian smelters. Smelters utilization...

China alumina prices drop sporadically as spot market braces for added supply
25 JUL 20172MINS

China alumina prices drop sporadically as spot market braces for added supply

<p>China alumina spot market is bracing for an increased supply as illegal aluminium capacity closure is expected to add nearly 170,000 tonnes of alumina to it, reported Shanghai Metals Market. &nbsp;Driven by the speculation, alumina prices in some of China&rsquo;s major markets dropped...

Brazil’s aluminium plate, sheet and strip imports fall YoY
18 JUL 20172MINS

Brazil’s aluminium plate, sheet and strip imports fall YoY

<p>According to newly report published by Allied Market Research, the global aluminium flat rolled market volume is forecasted to grow at CAGR of 4.0 per cent from 2016 to 2022. The major demand for flat rolled products is forecasted to come from China. China is followed by India and Brazil. The...

Global aluminium powder market size projected to reach US$3,453 million by 2021
15 JUL 20172MINS

Global aluminium powder market size projected to reach US$3,453 million by 2021

<p>The global aluminium powder market is estimated to grow at a compound annual growth rate of 3.51per cent to be valued at US$3453 million by 2021 up from US$2,808 million in 2015. As per documented statistics generated till 2015 end, total aluminium powder production volume reached 363,724 tonnes...

Indian aluminium futures gain on rising demand
13 JUL 20172MINS

Indian aluminium futures gain on rising demand

<p>The prices of aluminium futures in Indian market rose 0.62 per cent today, further up from yesterday&rsquo;s 0.29 per cent rise, to stand at INR 121.95 per Kg. Speculators were found engaging themselves in enlarging positions and taking positive cues from the aluminium spot market as demand...

Global aluminium metals market estimated to reach USD 1, 60,696.1 million by 2022
10 JUL 20171MINS

Global aluminium metals market estimated to reach USD 1, 60,696.1 million by 2022

<p>The global aluminium metals market which was valued at USD 1, 12,487.9 million in 2015 is projected to be valued at USD 1, 60,696.1 million by 2022. The market will grow at CAGR of 5.3 per cent from 2016 to 2022, according to the report on Global Aluminium Metals Market of Market Research...

Global aluminium composite panels market to soar at a CAGR of 6.27% during 2017-2021
07 JUL 20172MINS

Global aluminium composite panels market to soar at a CAGR of 6.27% during 2017-2021

<p>According to a new research report, the global aluminium composite panels market is projected to grow at a CAGR of 6.27 per cent during the period 2017-2021. The report identifies key driving factors which include rising demand for fire-resistant aluminium composite panels, and innovations in...

AluMag Automotive makes an analysis on Global Automotive Alloy Wheel Market: Penetration, Players & Capacity
06 JUL 20172MINS

AluMag Automotive makes an analysis on Global Automotive Alloy Wheel Market: Penetration, Players & Capacity

<p>AluMag Automotive has recently completed a market analysis of the global automotive aluminium alloy wheel market.</p> <p>According to the report, alloy wheels accounted for 53% of the global OE (Original Equipment) lightweight automotive vehicle market in 2016. For commercial truck &amp;...

Global aluminium market projected to reach $167,277 million by 2022
03 JUL 20171MINS

Global aluminium market projected to reach $167,277 million by 2022

<p>The global aluminium market which was valued at $133,564 million in 2015 is forecasted to be valued at $167,277 million by 2022. The market will grow at CAGR of 3.3 per cent from 2016 to 2022, according to newly published report by Allied Market Research.</p> <p><img style="vertical-align:...

LME aluminium June story ends in a gain, but will the momentum continue?
03 JUL 20173MINS

LME aluminium June story ends in a gain, but will the momentum continue?

<p>LME aluminium after trending down for almost a month now edged higher above the US$1,900 per tonne level and closed at US$1,908 per tonne after night trading on Friday, June 30. Though the light metal is still 1.13 per cent down from its beginning-of-month price (US$1,900 per tonne) it has risen...

Aluminium demand and apparent consumption up in North America through May 2017
02 JUL 20172MINS

Aluminium demand and apparent consumption up in North America through May 2017

<p>Preliminary estimates from Aluminum Association indicate that aluminium demand in the United States and Canada (shipments by domestic producers plus imports) stood at an estimated 4.5 million tonnes through May 2017, up 3.0 % over the same period in 2016.</p> <p>Demand for semi-fabricated (mill)...