What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
Aluminium prices settled 0.35 per cent higher at INR 345.6 (USD 3.64), backed by declining exchange inventories, expectations of additional fiscal measures in China and concerns over constrained supply from the Middle East. However, improving production prospects in the region limited further...
Grow with
AL Circle
As a result of the ongoing geopolitical discord between Israel and Iran, the Indian aluminium industry (though not impacted directly) is feeling the rippling heat in pricing. In an unexpected turn of events, India’s aluminium price has slipped to INR 242 per kg, contemplating the global metal...
Geo-political conflicts often have ripple effects on metal markets, disrupting trade flows and driving commodity price volatility. A clear example is the ongoing Ukraine-Russia conflict, which has altered the dynamics of the global aluminium market. Firstly, within less than a month following the...
War-ridden Ukraine and Russia have faced multi-disciplinary trade and economic losses for the past decade. The war, which escalated dramatically in 2022 with Russia’s invasion of Ukraine, has left both nations grappling with shattered economies. Russia has been heavily sanctioned by the European...
According to the US Geological Survey, the United States aluminium scrap exports continued to decline, marking the second consecutive month of fall in July 2024. The export volume decreased 2.32 per cent month-on-month to 168,000 tonnes versus 172,000 tonnes in June 2024. Also, on a year-on-year...
In the first half of the calendar year 2024 (H1CY24), India's aluminium scrap imports fell by 8 per cent compared to the H1CY'23. On M-o-M basis, the imports rose marginally by 4 per cent in June 2024. However, imports were up by 15 per cent in June 2024 compared to the same period last year,...
In April 2024, significant developments unfolded in the global aluminium industry, with one standout event taking centre stage: the United States and Britain took decisive action by prohibiting the London Metal Exchange (LME) from accepting new Russian production of aluminium, copper, and nickel....
On Tuesday, amid worsening relations due to the ongoing geopolitical conflict in Gaza, Turkey and Israel each announced trade barriers against the other. Turkey, known for its criticism of Israel's military activities in the region, declared immediate restrictions on the export of 54 product types...
The Indian market for imported aluminium scrap has experienced a significant upturn in prices, driven by a surge in futures, heightened demand, increased freight rates, and limited material availability in the western part of the country. Prices for all grades of aluminium scrap have witnessed a...
The ongoing geopolitical conflict between Israel and Palestine has hit the aluminium factories in Palestine in terms of production and profits. Muhanad Nairoukh, manager of one of the three biggest aluminium factories in the occupied West Bank of Palestine, has reportedly told Al Jazeera that the...
Tesla, a commendable force in electric vehicles (EVs), faces a disruption in its car production at the Gruenheide factory near Berlin. The halt, from Jan. 29 to Feb. 11, stems from the Red Sea crisis, with Iranian-backed Houthi militants targeting vessels, causing a shift in transport routes. This...
On Saturday, November 18, Israel launched a drone firing two missiles at an aluminium plant outside the southern Lebanese market town of Nabatiyeh, which caused fire and widespread damage, according to National News Agency. The News Agency said that firefighters and ambulances rushed to the...
Phinergy's aluminium-air technology discovered its full potential in the wake of the Israel and Palestine conflict on October 7, this year. The electricity supply to the Israeli side of the Gaza border was disrupted due to constant intrusions, and it was when Phinergy tapped into their backup...
The Aluminium Federation, ALFED, has recently published a comprehensive report in collaboration with CRU International Ltd. This report delves into the ramifications of the Russia-Ukraine geopolitical crisis on the aluminium industry in the United Kingdom. It carefully analyses the effects of...
The ongoing Russia-Ukraine crisis has changed a lot of things in the industry. From the domestic aluminium prices witnessing a hike over the past week to Alcoa influencing the Biden administration to prevent American imports of Russian aluminium, it has brought about a lot of differences. As a...
According to sources, the Yunnan province in southwest China gave this week's directive to aluminium companies to use less energy. In addition to its captive power plant (CPP) at its Mahan facility, Hindalco Industries, the largest manufacturer of aluminium in India, started producing energy from a...
Boeing declared that it has stopped buying aluminium from Vladimir’s Russia due to the ongoing crisis in Russia and Ukraine. This is the second time Boeing has halted its sourcing of crucial materials from Russia. The company was positive about sourcing aluminium for its components from all around...
Roman Borisov is the Sales Director for Europe Middle East and Africa (EMEA) of Rusal with more than 15 years of commercial leadership experience in the aluminium industry. In his role, Roman is responsible for Value Added Product and Low Carbon Aluminium sales across the region, supporting key...
The Chairman of the Board of Directors, United Company RUSAL, Bernard Zonneveld stated that, "Rusal is a multinational company, our employees work across 5 continents in 20 countries, including Ukraine." "Being interested in putting an end to the conflict in this European country as quickly as...
