South Korea’s Russian aluminium imports reached a record high in 2025, making Russia the country’s largest aluminium supplier for the first time. The sharp increase has strengthened Korea’s dependence on Russian metal even as the US and Europe tighten sanctions against Moscow. The exposure is...
Asia’s alumina exports entered 2026 on a strong footing, with shipments to global markets reaching 7.05 million tonnes worth USD 2.76 billion in H1 2026 , up 27.36 per cent year-on-year . The sharp rise in H1 was driven by a quarter-on-quarter surge by a considerable margin. This indicates an...
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Having sold large volumes of aluminum into China at the end of last year, Rio Tinto Alcan is now struggling to find metal to supply customers on a spot basis and is exacerbating a short-term squeeze in the Asian market, industry sources told Dow Jones Newswires Tuesday. The aluminum producer, a...
Rio Tinto struggling to find spot parcels of aluminum for Asian customers, market participants say -Shortfall comes after Rio targeted Asia during fourth quarter amid positive arbitrage -Tight spot market helps push premiums up, especially in Japan By Clementine Wallop Of DOW JONES NEWSWIRES...
United Company Rusal remains focused on cutting debt and costs and meeting its customers' requirements, rather than looking at new projects or acquisitions, first deputy ceo Vladislav Soloviev told Metal Bulletin. The company believes Russia and especially eastern Siberia have vast potential, and...
Atlanta-based Novelis Inc, part of the Aditya Birla group’s Hindalco Industries, Asia’s largest integrated aluminium and copper producer, has raised debt of $225 million (Rs 1,170 crore) to complete the purchase of its Korean subsidiary. It will pay $125 million (Rs 650 crore) cash to seal the...
Furukawa-Sky Aluminum Corp. engages in the production and sale of aluminum products in Asia. The company offers functional material; processed aluminum products, such as aluminum industrial products, preribbed plate, falcover, aluminum handrail, road signs, and aluminum case; and heat sink and...
Physical demand is keeping aluminum prices supported, even as prices have retreated along with other commodities, said a metals consulting firm on Thursday. Prices have fallen with other commodity markets, but Jorge Vazquez, vice president of HARBOR Intelligence Aluminum, noted that prices for...
Kizad plans Asia offices; phase 1 to be completed end-2012 Abu Dhabi's mammoth new industrial zone is wooing investors from Asia to set up shop and help the emirate diversify its economy away from oil, its top official said. Khalifa Industrial Zone Abu Dhabi (Kizad) at Taweelah, midway between Abu...
Western Asia and Southeast Asia are expected to become the primary drivers for global aluminum demand through 2020, replacing East Asia as China's growth slows due to excessive capacity. Aluminum demand is expected to increase by at least 5% each year. Project investments are beginning to skew...
Global demand for aluminum rolled products will rise by over 11 million metric tons to 30 millions tons by 2020, a senior executive at Novelis said Friday. Tadeu Nardocci, president of Novelis Europe, told a Metal Bulletin conference in Paris that demand will reach 25 million tons by 2015, driven...
Demand for Novelis Inc's [NVLX.UL] aluminum products is growing globally, with consumption ranging from very strong in Asia to up -- if a bit less than forecast -- in the United States, despite some investors' fears that the economy may be slipping into recession. In a recent interview, Chief...
Demand for Novelis Inc's [NVLX.UL] aluminum products is growing globally, with consumption ranging from very strong in Asia to up -- if a bit less than forecast -- in the United States, despite some investors' fears that the economy may be slipping into recession. In a recent interview, Chief...
United Co. Rusal, the world’s largest aluminum producer, plans to increase output of high- purity aluminum used in computers and mobile phones as demand rises in Asia and the U.S. Rusal’s Krasnoyarsk plant in Russia is targeting a 13 percent increase in output of the high-purity metal this year to...
Asia’s benchmark stock index pared its seventh loss in eight days. The MSCI Asia Pacific Index dropped 0.5 percent to 122.28 as of 5:25 p.m. in Tokyo. It earlier dropped as much as 2.4 percent as global growth concerns escalated after the cost of protecting the government debt of Greece, Italy,...
Orders to draw aluminum from warehouses monitored by the London Metal Exchange rose to the highest level in more than two weeks, led by increases in South Korea and Malaysia. Canceled warrants, as the orders are known, rose 29,075 metric tons, or 7.7 percent, to 405,850 tons, the highest level...
The World Primary Aluminium production improved by 6.2% as per the latest figures from International Aluminium Institute (IAI). The total production in the first 6 months of this year was 12.62 million tons as compared to 11.88 million tons in Jan-June 2010. A production of 1.277 million tons was...
Aluminum Bahrain's participation as a sponsor and exhibitor in Aluminum China 2011 provides an ideal platform to promote the company's products globally expand its customer base across Asia as well as position Bahrain as an attractive economic destination for international investors.
Aluminum alloy stockpiles tracked by the London Metal Exchange rose to the highest level in more than nine years, while inventories of primary aluminum extended their drop to the longest in almost seven years. Stocks of aluminum alloy, used to make parts for car engines, increased 1,960 metric tons...
...Worldal reported that Noranda Aluminum Holding Corporation posted strong quarterly revenue and said it expects emerging markets to drive demand for the metal...
