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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Paraguay’s import of Aluminium Foil exhibits down-turn during 2018-20
The economy of Paraguay is a market-based economy that is heavily dependent on agriculture products. The COVID-19 pandemic hit Paraguay just as the country was embarking on a strong recovery path after growth had stalled in 2019. The global recession is likely to lead to a GDP decline of 1.2% in...
Mexico’s import of Aluminium wires during 2018-20 unfolds gradual downfall
The economy of Mexico in 2020 is seen dwindling heavily as the pandemic takes its toll. Heavy losses in employment and incomes, coupled with elevated uncertainty have thumped the domestic demand. The economy should recover next year, however, as activity gradually revives. FocusEconomics panellists...
CBA’s Metalex to invest $9.3 million to boost aluminium billet capacity
Metalex has announced an investment of 50 million Reais ($9.3 million) to expand scrap treatment and extrusion billet production capacity, Fastmarkets MB reported. The expansion plan is divided in to two phases. Metalex, an industrial aluminium recycling unit in Araçariguama, is fully owned by...
British firm Ellis Patents obtains new power supply projects in Peru
Ellis Patents, the world leader in cable cleat manufacturing has seen its products used to secure power supplies in the Peruvian capital of Lima by two of the Latin American country’s biggest energy suppliers. Ellis Patents delivered 2A Aluminium cable clamps to secure high voltage power cables in...
Alumina production in North America and South America declines 18% and 20% in September 2020
North America’s alumina production stood 18 per cent lower year-on-year to 199,000 tonnes in September 2020. The output in September 2019 was 243,000 tonnes. On a month-on-month comparison, the production declined by 16 per cent from August’s production of 238,000 tonnes. In the first nine months...
Brazil’s Bauxite export to Argentina during 2018-20 illustrates upswing
Political tensions, a protracted health crisis and an elevated public debt burden cloud the outlook. FocusEconomics analysts see the economy contracting 5.7% in 2020 before growing 3.5% in 2021, which is down 0.1% points from last month's forecast. LatinFocus Consensus panellists see the Argentina...
Panama’s import of Aluminium Foil during 2018-20 reveals steady growth
Panama's dollarized economy rests primarily on a well-developed services sector that accounts for three-quarters of GDP. Strong economic performance has not translated into broadly shared prosperity as Panama has the second-worst income distribution in Latin America. In 2020, Panama's economy...
Aluminium production in North America and South America down by 4% and 1% MoM in September
North America’s primary aluminium production stood at 317,000 tonnes in September 2020, marking a growth of 2.26 per cent year-on-year. On a month on month basis, the output declined by 4.23 per cent from August production of 331,000 tonnes. In the first nine months of 2020, the production stood...
Albras joins Aluminium Stewardship Initiative as new Production & Transformation member
Albras, the largest producer of primary aluminium in Brazil, has joined Aluminium Stewardship Initiative as a new Production & Transformation member. This brings the total number of ASI Members working toward a responsible aluminium value chain to 136. Albras produces liquid metal, P1020 aluminium...
Chile’s import of Aluminium cans during 2018-20 exhibits downmarket, expenditure remains high
The economy of Chile is a market economy and high-income economy as ranked by the World Bank, and is considered one of South America's most prosperous nations. According to IMF estimates, inflation reached 2.3% in 2019 and is expected to slightly increase to 3.4% in 2020 and 2.9% in 2021; this...
Hydro terminates MoU with Golar Power and CELBA for Alunorte alumina refinery
Hydro has announced the termination of the Memorandum of Understanding (MoU) with Golar Power and CELBA. The MoU, which was signed in July 2020, between Hydro’s alumina refinery Alunorte, Golar Power Brasil Participações and Centrais Elétricas Barcarena (CELBA) for the project to bring liquified...
Cuba’s import of Aluminium cans during 2017-20 reflects a downward trend; expenditures remain high
The economy of Cuba is a largely planned economy dominated by state-run enterprises. The government of Cuba owns and operates most industries and most of the labour force is employed by the state. The Northern Caribbean island nation’s import of aluminium cans during 2017-19 was recorded at 10,910...
Brazilian aluminium company CBA to continue to seek ‘green funding’ for its low-carbon aluminium initiative
According to a recent report, Brazilian aluminium producer Companhia Brasileira de Alumínio (CBA) will continue to seek ‘green funding’ for its low-carbon aluminium initiative. The company this year has already secured 500 million Reais ($90 million) to develop sustainability projects and offer...
Panama’s export of Aluminium scrap reveals significant growth during 2017-20
Panama has been the fastest-growing economy in Latin America over the past two decades, benefiting from the activity of the canal, the Colon free trade zone (CFZ) and its role as an international banking centre and regional financial hub. The economy of Panama is based mainly on the services...
How consumers preference for aluminium cans evolving consumption and recycle pattern all over the world
The growth of aluminium cans in the global market seems to be becoming insurmountable owing to the factors like disposable income of people, changing lifestyle, and evolving consumer preferences. Continuous shifts from plastic bottles to aluminium cans have triggered the demand further. Initiatives...
Alumina production in North America grows by 3% M-o-M in August, while in South America shrinks by 2%
Alumina production in North America continued to grow in August 2020, according to the latest data revealed by the International Aluminium Institute. From 231,000 tonnes in July, alumina output in North America increased by 7,000 tonnes or 3.03 per cent to stand at 238,000 tonnes in August. The...
Brazil’s import of Aluminium Tubes and Pipes during 2017-18 exhibits downfall, 2019-20 inclines toward up-market
Brazil has the third-best advanced industrial sector in The Americas. The Latin American nation’s one-third of GDP has been contributed by its diverse industries range from automobiles, steel and petrochemicals to computers, aircraft, and consumer durables. Brazil’s import of aluminium tubes and...
Coca-Cola to launch a new beverage ‘Topo Chico Hard Seltzer’ in sleek aluminium cans
Global beverage manufacturer Coca-Cola is reportedly launching a new beverage - Topo Chico Hard Seltzer in sleek aluminium cans in Mexico and Brazil. The product will come in three gluten-free flavours, Tangy Lemon Lime, Strawberry Guava and Pineapple Twist. Coca-Cola will start distributing the...
