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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South America’s alumina production grows 2% YoY in January 2021; Output in North America slips by 1,000 tonnes
In South America, alumina production in January 2021 stood at 1.069 million tonnes, reflecting a month-on-month downfall of 3.17 per cent, according to the data shown by the International Aluminium Institute. In December 2020, South America produced 1.104 million tonnes of alumina – an increase of...
Mexico’s export of Aluminium cans showcases strong potentiality during 2018-20, earnings cross $1 billion
Mexico ranks as the world's 15 largest economies and is the second-largest economy in Latin America. The country is highly dependent on the United States, its largest trading partner and destination of nearly 80% of its exports. In its most recent January 2021 update of the World Economic Outlook,...
Rusal America to supply 100,000 tonnes of low-carbon aluminium slab to Almexa through 5-years contract
According to a recent report, Rusal America Corporation (RAC) will supply 100,000 tonnes of low-carbon aluminium slab to Almexa, a leading manufacturer of aluminium rolled products in Latin America. The news came after Rusal America officially announced that it entered a five-year aluminium slab...
North America’s primary aluminium production reflects 3% growth YoY in Jan’2021; Output in South America lowers 3,000 tonnes
In January 2021, primary aluminium production in North America stood at 340,000 tonnes, reflecting a continuous increase by 2,000 tonnes or 0.60 per cent month-on-month. In December 2020, the output registered a growth of 10,000 tonnes or 3.05 per cent to 338,000 tonnes from 328,000 tonnes in...
Chile’s export of Aluminium scrap during 2018-20 illustrates rapid growth
In October’20, the Central Bank of Chile stated that its economic activity dipped 1.2% in October from a year ago, as the economy moved closer to growth after months of contraction caused by the Covid-19 pandemic. The bank’s IMACEC economic activity index encompasses about 90% of the economy...
Argentina’s import of Aluminium Tubes or Pipes fittings during 2018-20 unveils constant downfall
Argentina had an estimated decline in GDP of 11.8% in 2020, primarily due to the impacts of the COVID-19 pandemic. The nation had one of the strictest and lengthiest lockdowns in the world and, although the pandemic didn't cost as many lives in Argentina as it did in other large Latin American...
Honduras export of Aluminium Scrap during 2018-20 displays gradual upswing
The economy of Honduras is highly impacted with the combined strike of COVID-19 pandemic, weak healthcare, endemic corruption, damage and property loss caused by Hurricane Eta and limitation of scope for a post-pandemic recovery in 2021. The Central American nation’s export of aluminium scrap...
South America’s top three Primary Aluminium producers
The primary aluminium producing nations of South America are Brazil, Argentina, and Venezuela. Once Venezuela used to lead the primary aluminium industries in South America like that of Argentina nowadays, besides from Brazilian giants with greater production rule. Later on, Venezuela faded away...
Ecuador’s import of Aluminium Stranded Wire during 2018-20 reveals enterprising growth
Ecuador countered a worst economic downturn in 2020 due to the COVID-19 pandemic but is all set to rebound in 2021 as domestic and external demand gradually revives. Though, aspects of numerous risks linger which includes high unemployment, weighing on household spending, limited fiscal space to...
South American nation Uruguay’s export of Aluminium Foil during 2018-20 displays an upward trend
South America has been one of the worst-hit continents from the Covid-19 pandemic, globally. Brazil, Mexico, Argentina, Colombia, and Peru have reported major flare-up. However, Uruguay stands out as having successfully kept the spread of the virus restrained. Despite some recent increase in new...
Crown plans to build sixth beverage can plant in Brazil
Beverage packaging manufacturer Crown has made public that its Brazilian subsidiary Crown Embalagens plans to build its sixth beverage can facility in the Latin American nation. The new plant will produce two-piece aluminium cans in various sizes and will have two lines, both of which are...
Colombia’s import of Aluminium Tubes and Pipes during 2018-20 illustrates upswing; expenditures shrink
Colombia hosting almost 1.8 million Venezuelans as of May’20 stands by far the largest destination country for displaced Venezuelans. Since the beginning of the crisis in Venezuela, the Colombian government has maintained an open and constructive response towards the arrival of displaced...
Brazil’s export of Aluminium Household Articles unveils enterprising growth during 2018-20
As per Deloitte Insights, the recovery in the Brazilian economic activity in the third quarter of 2020 is welcome news for a country that is trying to shake off a tragic year as COVID-19 continues to infect people and claim lives. However, it is too early to predict the nature of the economic...
Rusal’s restart of Kurubuka mines in Region 10 remains on discussion table: Ministry of Natural Resources, Guyana
The Bauxite Company of Guyana Inc. (BCGI), a subsidiary of RUSAL, as reported is remaining on the discussions stage with the government, following the five months negotiations on a possible restart of operations at its Kurubuka mines in Region 10. Parmanand Persaud, the spokesperson for the...
Germany’s top ten export destinations for Aluminium Tubes and Pipes in 2019
According to Destatis, the Federal Statistical Office of Germany marked a sharp shrink in growth and the weakest expansion since 2013, as the Country’s economy grew by 0.6% only in 2019. The expansion in the gross domestic product (GDP) was in line with forecasts from economists polled by Reuters....
Argentinian aluminium producer finished 2020 at 70% capacity
According to a recent report, Argentinian aluminium producer Aluar closed the year 2020 at 70 per cent capacity utilisation. Production grew at Aluar after a halt due to the COVID-19 pandemic and weather conditions earlier this year, said the company. “We will continue to gradually seek production...
Mexico’s import of Aluminium Tubes or Pipes fittings during 2018-20 unveils steady growth after a sharp downfall
The Central Bank of Mexico (Banxico) surprised most investors in its last monetary policy meeting, which was held on 12 th November’20, by holding the policy rate steady at 4.25%. The pause did not signal the end of the easing cycle, which has accumulated 400bp in rate cuts. But, as per ING...
Alumina production in North America and South America down 5% and 2% YoY in November 2020
North America’s alumina production registered a dip of 5% year-on-year. The output in November 2020 came in at 227,000 tonnes, from 239,000 tonnes in November 2019. On a month-on-month comparison, the production dropped slightly by 0.44 per cent from October’s production of 228,000 tonnes. In the...
