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Ball Corporation reported net earnings of $200 million in Q1 2021
08 MAY 20212MINS

Ball Corporation reported net earnings of $200 million in Q1 2021

Ball Corporation reported net earnings of $200 million on sales of $3.1 billion in the first quarter of 2021, compared to $23 million net earnings on sales of $2.8 billion last year. Ball's first quarter 2021 comparable net earnings were $240 million, or 72 cents per diluted share, compared to $202...

Hydro certifies eleven companies in Paragominas under its Supplier Development Program
05 MAY 20212MINS

Hydro certifies eleven companies in Paragominas under its Supplier Development Program

Hydro has reportedly certified eleven companies in Paragominas under its Supplier Development Program, which included training in Strategic Management, Commercial Intelligence, Operational Management, and Industry 4.0. Local companies that serve Mineração Paragominas SA were selected on criteria...

Chile’s export of aluminium foil during 2018-20 marks a sharp rise with a minimal drop
04 MAY 20212MINS

Chile’s export of aluminium foil during 2018-20 marks a sharp rise with a minimal drop

As per the HDI ranking, Chile ranks 42 nd out of 189 countries and is considered as a FIRST WORLD nation by their metrics. The country’s GDP, quality of life, infant mortality rate, life expectancy, and HDI are enough for most economists to classify the country as developed. Chile's economic...

Brazil remains among the world leaders in aluminium cans recycling; recycling index reaches 97.4% in 2020
28 APR 20212MINS

Brazil remains among the world leaders in aluminium cans recycling; recycling index reaches 97.4% in 2020

Brazil reported aluminium can recycling index of 97.4% in 2020 despite the difficulties faced by the country due to the Covid-19 pandemic. The index remained stable in relation to 2019, keeping Brazil among the world leaders in can recycling. The Associations reported that 391,500 tonnes or...

Alumina production in South America climbs 7% to 1.122 million tonnes in March; North America’s output slightly up
27 APR 20211MINS

Alumina production in South America climbs 7% to 1.122 million tonnes in March; North America’s output slightly up

South America’s alumina production increased by 7.27 per cent year-on-year to 1.122 million tonnes in March 2021, from 1,046 million tonnes in March 2021, according to the latest data showed by the International Aluminium Institute (IAI). On a month-on-month basis, the alumina production inched up...

Aluminium production in North America and South America declines by 1.17% and 7.69% YoY in March
21 APR 20211MINS

Aluminium production in North America and South America declines by 1.17% and 7.69% YoY in March

North America’s primary aluminium production came in at 338,000 tonnes in March (31days), indicating a decrease of 1.17% from 342,000 tonnes in March 2020, according to the latest data showed by the International Aluminium Institute (IAI). On a monthly basis, the output increased by 9.74% from...

Mexico’s aluminium scrap exports to US record a 23% hike M-o-M to 14,500 tonnes in January 2021
21 APR 20211MINS

Mexico’s aluminium scrap exports to US record a 23% hike M-o-M to 14,500 tonnes in January 2021

Mexico’s aluminium scrap exports to the US in January 2021 stood at 14,500 tonnes, reflecting a month-on-month increase of 2,700 tonnes or 22.88 per cent, according to the US Geological Survey data. In December 2020, Mexico exported 11,800 tonnes of aluminium scrap to the United States compared to...

Ecuador’s import of aluminium cans during 2018-20 reflects sustained growth, expenditure shrinks
19 APR 20212MINS

Ecuador’s import of aluminium cans during 2018-20 reflects sustained growth, expenditure shrinks

The Economic activity of Ecuador plunged by 5.0% on a Y-o-Y basis during January 2021, dropping at a rapid pace than December’s 0.7% decline and falling at the sharpest rate since September 2020, while on an M-o-M basis, economic activity rose 1.4% in January, slightly above December’s 1.3%...

Hydro signs a 15-year natural gas sourcing contract with New Fortress Energy for its Alunorte alumina refinery
16 APR 20212MINS

Hydro signs a 15-year natural gas sourcing contract with New Fortress Energy for its Alunorte alumina refinery

On Thursday, April 15, Hydro reportedly signed a Memorandum of Understanding (MoU) with New Fortress Energy (NFE) for sourcing natural gas for its Alunorte alumina refinery. The objective is to replace a part of current fuel oil consumption with environmentally friendly energy, aiming at meeting...

Guyana’s import of aluminium structures during 2018-19 reveals drastic downfall; growth re-bounds in 2020
12 APR 20211MINS

Guyana’s import of aluminium structures during 2018-19 reveals drastic downfall; growth re-bounds in 2020

Guyana’s economy demonstrated rapid growth in 2020, despite the devastating effects of the COVID-19 pandemic. According to the World Bank, the country’s GDP is projected to grow by 7.8% in 2021. The nation on South America’s North Atlantic coast has documented 1325 tonnes of aluminium structures...

Argentina’s export of Aluminium Foil during 2018-20 manifests steady to robust growth
01 APR 20212MINS

Argentina’s export of Aluminium Foil during 2018-20 manifests steady to robust growth

The COVID-19 pandemic blew Argentina's economy hard, as the nation is running in its third consecutive year of recession. The government is negotiating a fresh program with the IMF, which could be crucial for the country's sustainable growth with the second wave of the pandemic already started...

Alumina production in North America stands at 308,000 tonnes in Feb'21; Output in South America amounts to 86,000 tonnes
31 MAR 20212MINS

Alumina production in North America stands at 308,000 tonnes in Feb'21; Output in South America amounts to 86,000 tonnes

North America's alumina production in February 2021 reflected a month-on-month decline of 32,000 tonnes or 9.41 per cent, found the International Aluminium Institute. From 340,000 tonnes in January 2021, the output decreased to 308,000 tonnes in February, showed the IAI data. North America's...

Mexico’s export of Aluminium Stranded Wire during 2018-20 resembles marginal fluctuation
25 MAR 20212MINS

Mexico’s export of Aluminium Stranded Wire during 2018-20 resembles marginal fluctuation

The World Bank estimated that Mexico’s economy will rebound from the expected 9% shrink in 2020, with growth in 2021 of 3.7%. This movement is due to an improvement in Mexican exports to the United States and less uncertainty about the application of the renewed USMCA. However, by 2022 its rate of...

Aluminium production in North America and South America declines by 1.91% and 4.44% YoY in February
23 MAR 20211MINS

Aluminium production in North America and South America declines by 1.91% and 4.44% YoY in February

North America’s primary aluminium production stood at 308,000 tonnes in February 2021, marking an increase of 1.91% year-on-year, according to the latest data showed by the International Aluminium Institute (IAI). On a monthly basis, the output dropped by 9.4% from January’s output of 340,000...

Uruguay’s export of Aluminium scrap during 2018-20 reveals robust growth
23 MAR 20212MINS

Uruguay’s export of Aluminium scrap during 2018-20 reveals robust growth

The economy of Uruguay is crucially dependent on its neighbours, Brazil and Argentina. In 2020, GDP decreased by an estimated 4.5%, mainly due to the impacts of the COVID-19 pandemic not only in the country but also in its neighbours. However, the pandemic had relatively little impact on the...

Argentina’s export of Aluminium wires during 2019-20 manifests de-growth; 30.61% growth predicted for 2021
19 MAR 20211MINS

Argentina’s export of Aluminium wires during 2019-20 manifests de-growth; 30.61% growth predicted for 2021

Argentina’s annual average inflation plunged to 41.5% in January 2021, which was 42.70% in December’20. As per the projection of FocusEconomics panellists, inflation to reach 48.0% in 2021, which is up 1.3 % points from last month's estimate, and 2022 at 36.6%. The nation located mostly in the...

Turkey’s export of Aluminium cans during 2018-20 displays hefty downfall
17 MAR 20212MINS

Turkey’s export of Aluminium cans during 2018-20 displays hefty downfall

As per the Turkish Govt. officials, top businesses and analysts, the economy of Turkey is expected to emerge this year from a prolonged slump and grow as much as 4% annually, propelled by resurgent consumer demand as the coronavirus pandemic diminish. In its most recent January 2021 update of the...

Colombia’s export of Aluminium Household Articles during 2018-20 reveals unsteady movement; earnings exhibit drop
09 MAR 20212MINS

Colombia’s export of Aluminium Household Articles during 2018-20 reveals unsteady movement; earnings exhibit drop

The economy of Colombian commenced its recovery process from H2 of 2020. As forecast, it will grow 4.8% in 2021 and 3.8% in 2022 boosted by private consumption and investment, while inflation will gradually return to its target in 2021 and the Central Bank will hold rates at low levels during 2021....