Aluminium extrusion usage in building and construction to grow 1.24% CAGR through 2035, with Americas at 1.15%, Europe at 1.30% & MEA at 2.47%
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...
US backs Serra Verde rare earth with $750m, aims to reduce China dependence
The US Department of War has committed USD 750 million to back rare earth supplies from Brazil’s Serra Verde, as Washington moves to build a more secure, China-independent supply chain for critical minerals used in defence, energy, aerospace and advanced manufacturing. The investment will support...
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Novelis accomplishes $150 million Aluminum Rolling and Recycling expansion project in Brazil
On 12 th August 2021, the world leader in aluminium rolling and recycling, Novelis Inc. announced the completion of its $150 million investment to enlarge both rolling and recycling capacity at its Pindamonhangaba plant in Brazil by 100 kilotonnes each. The annual production capacity at this...
Brazilian Aluminium Association ‘ABAL’ appoints Janaina Donas as first woman President
On 5 th August 2021, the Brazilian Aluminium Association, ABAL has appointed Janaina Donas as Executive President for the first time, while the role was previously held by Milton Rego after a seven-month recruitment process. Abal stated that most recently Donas acted as an External Relations and...
Angola’s import of aluminium household articles during 2018-20 remains inconstant; 17% growth expected for 2021
According to FocusEconomics, the economic conditions of Angola remained challenging in Q1 2021, with GDP contracting 3.4% Y-o-Y amid the persistent impact of the Covid-19 pandemic. GDP is projected to bounce back to growth this year: The global vaccine rollout and the subsequent easing of...
Alumina production in South America up by 4% in six months; North America’s output drops to stand at 1.283 million tonnes
South America’s alumina production stood at 1.019 million tonnes in June 2021, with a year-on-year increase of 4.19%, according to the latest data showed by the International Aluminium Institute (IAI).The output was 978,000 tonnes in June 2020. On a month-on-month basis, the alumina production...
Car manufacturers need to boost up the standard in their aluminium supply chain, says Human Rights Watch and IDI
The global car manufacturing companies are required to do more to address the exploitation of human resources in their aluminium supply chains and the bauxite mines, including the destruction of farmland, damage to water sources and excessive greenhouse gas emissions that affect communities in...
Mexico’s aluminium scrap exports to US grow 44.5% Y-o-Y to 67,200 tonnes during January-April 2021
Mexico’s aluminium scrap exports to the United States in April 2021 stood at 19,900 tonnes, almost flat compared to 19,300 tonnes a month ago, found the US Census Bureau. However, the exports in March recorded a month-on-month growth of 42.96 per cent from 13,500 tonnes. On a year-on-year...
North America’s primary aluminium production drops by 4% YoY in June; South America’s output up by 32%
According to the latest data showed by the International Aluminium Institute (IAI), North America’s primary aluminium production stood at 318,000 tonnes in June 2021, a decrease of 3.64% from 330,000 tonnes in June 2020. On a monthly basis, the output slipped by 3.34% from 329,000 tonnes in May....
Uruguay’s import of aluminium bar rods and profiles during 2019-20 reveals marginal growth; 10% growth predicted for 2021
The economy of Uruguay economy is heavily dependent on its neighbours, Brazil and Argentina. In 2020, the country’s GDP plunged by an estimated 5.7%, primarily due to the impacts of the COVID-19 pandemic not only in the country but also in its neighbours. However, it should be considered that the...
Primary aluminium production in North America declines 5% YoY during May’21 but grows in South America by 36%
According to the International Aluminium Institute, primary aluminium production in North America stood at 329,000 tonnes during May 2021, reflecting a month-on-month increase of 2,000 tonnes or 0.61 per cent. In April, the output came in at 327,000 tonnes, down by 3.25 per cent from 338,000 tonnes...
North America’s alumina production during January-May drops 1.38% to 1.642MT but output in South America grows 11.8%
In May 2021, alumina production in North America stood at 329,000 tonnes, reflecting a month-on-month increase of only 2,000 tonnes or 0.61 per cent, found the International Aluminium Institute. In April, alumina production in North America was 327,000 tonnes, 3.25 per cent less than 338,000 tonnes...
Peru’s import of aluminium stranded wire during 2019-20 signifies express growth; 3% growth estimated for 2021
The economic output of Peru indicated that it will grow 10% in 2021 and 4.8% in 2022, supported by a favourable external context. However, these forecasts are strongly conditioned to the maintenance of macroeconomic stability by the new government administration and largely reflect a rebound after...
Argentina’s import of aluminium foil during 2019-20 displays nominal growth; 2021 projected with minimal dip
BBVA Research, which is considered as a benchmark for research and economic analysis in different countries in the Americas, Europe and Asia stated that the economy of Argentina after falling 9.9% in 2020, is recovering faster than expected. Nevertheless, the rebound is heterogeneous across...
Brazil’s import of aluminium stranded wire during 2019-20 exhibits downswing; Forecast for 2021 stands with 14% growth
Brazil was severely hit by the Covid-19 pandemic and despite a high number of infections and fatalities, the economy recovered strongly at the end of 2020. GDP growth is expected to reach 3.7% in 2021 and 2.5% in 2022, driven by a progressive increase in household consumption and investment. The...
CANPACK’s beverage can bodies volumes increased 21% in Q1 2021
CANPACK, a global manufacturer of aluminium beverage cans and packaging solutions for the beverage and food industry, announced its results for the first quarter of 2021. Beverage can bodies volumes grew 21% year-over-year. The growth was due to increased production volumes from its new Czech...
Alumina production in South America and North America up by 5.24% and 2.34% YoY in April
South America’s alumina production stood at 1.064 million tonnes in April 2021, 5.24% higher than the same period last year, according to the latest data showed by the International Aluminium Institute (IAI).The output was 1.011 million tonnes in April 2020. On a month-on-month basis, the alumina...
North America’s aluminium production declines by 1.8% YoY in April; South America’s output up 33.8%
According to the latest data showed by the International Aluminium Institute (IAI), North America’s primary aluminium production stood at 327,000 tonnes in April. That was a decrease of 1.8% or 6,000 tonnes from 333,000 tonnes in April 2020. On a monthly basis, the output slipped by 3.25% from...
Mexico: The multi-million dollar aluminium scrap export market remains volatile during 2018-20
According to Trading Economics global macro models and analysts expectations, the Mexican GDP tp predicted to reach $1113 billion by the end of 2021and in the long-term, the GDP is projected to trend around $1158.00 billion in 2022. The lack of bauxite mines has kept Mexico on the back foot toward...
Peru’s import of aluminium cans during 2018-20 illustrates an unstable movement
According to BBVA Research, the Peruvian economy is forecasted to grow 10% in 2021 and 4.8% in 2022, supported by a favourable external context. These forecasts are strongly conditioned to the maintenance of macroeconomic stability by the new government administration and largely reflect a rebound...
