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...
Grow with
AL Circle
Primary aluminium production in N. America plunges by 1% M-o-M in Aug'2020, but output in S. America grows by 4%
According to the latest data revealed by the International Aluminium Institute (IAI), primary aluminium production in North America dipped by 2,000 tonnes or 0.60 per cent in August 2020, following a rise in the previous month. Output in August stood at 331,000 tonnes, while in July was 333,000...
Argentina’s import of Alumina during 2017-20 reveals losing its pace
Argentina's economy, which is one of the more powerful in the region, is dependent on services and manufacturing, although agribusiness and ranching dominated the economy for much of the 19th and 20th centuries. Aluar is the only aluminium smelter in Argentina and one of the largest in South...
Chile’s import of Aluminium Bar Rods and Profiles during 2017-20 reflects rapid growth with steady fall; expenditure remains high
The industrial sector in Chile contributed 30% of GDP in 2019 and employed 22.8% of the working population, the same as in 2018, according to the World Bank. However, the sector has increased by 4.3 in 2019, showing signs of great productivity. According to the updated IMF forecasts from 14th April...
LAlumina LLC laying off more than 300 employees and seeking new buyer for the facility
According to a recent report, LAlumina LLC is close to the process of employee retrenchment due to the continued economic challenge, as was announced months ago. The news came after former acting plant manager Peter Odgers said the process of laying off more than 300 employees is nearly completed....
Ball Corporation completes Tubex aluminium aerosol packaging buyout in Brazil
Ball Corporation, a supplier of innovative, sustainable packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services, has completed the acquisition of Tubex Industria E Comercio de Embalagens Ltda., an aluminium aerosol...
Iranian vessel spotted with 14,000 tonnes of alumina cargo in Venezuela, destination unknown: Sources
An Iranian-flagged vessel loaded a cargo of 14,000 tonnes of alumina in Venezuela this month after delivering supplies for an Iranian supermarket in the South American nation, said three sources familiar with the matter. However, the customer of the cargo or the destination is still unknown....
Alumina production grows by 8,000 tonnes in North America during July 2020, but declines by 16,000 tonnes in South America
According to the latest data shared by the International Aluminium Institute, alumina production in North America rose month-on-month in July 2020 by 8,000 tonnes or 3.6 per cent to stand at 231,000 tonnes. In June, the output was 223,000 tonnes, growing by 13,000 tonnes or 6.19 per cent from...
Mexico’s import of Aluminium Tubes and Pipes reveals rapid growth with a steady fall during 2017-20
Despite the changes and uncertainty of NAFTA being renegotiated as the new United States-Mexico-Canada Agreement (USMCA), the major manufacturing industries in Mexico are expected to see continual growth. Although many industries are moving their manufacturing to Mexico, the most prominent...
US aluminium crude metals and alloys imports from Argentina remained flat in May 2020 after a sharp hike in April
According to the latest data shown by the US Geological Survey, the United States’ imports of aluminium crude metals and alloys from Argentina remained flat month-on-month in May 2020 at 18,400 tonnes. In April, the imports totalled 18,700 tonnes, following a sharp downfall in March from 12,800...
North America’s primary aluminium production gains 3% Y-o-Y, while output in South America declines 16% in July’20
According to the latest data revealed by the International Aluminium Institute, primary aluminium production in North America grew by 3,000 tonnes or 1 per cent in July 2020 to stand at 333,000 tonnes. In the month earlier (June), the output of primary aluminium in North America was 330,000 tonnes,...
Peru’s export of Aluminium scrap reveals growth during 2017-20, remains underrated
The economy of Peru is an upper-middle-income economy as classified by the World Bank and is the 47th largest in the world by total GDP. The majority of its economy is driven by industries such as mining, manufacturing, fishing, and tourism. The Southern American nation’s export of aluminium scrap...
Rusal wants to restart bauxite operations in Guyana; to submit report to Government
The Russian aluminium company Rusal has reportedly expressed an interest in reopening its Bauxite Company of Guyana Inc., the operations of which was suspended in February 2021, resulting in hundreds of layoffs, citing industrial unrest and damage to property. On Monday, the company’s Country...
Brazil’s importation market for Aluminium wires remains wavering during 2017-20
Brazil has a developing mixed economy that is the ninth-largest in the world by nominal Gross Domestic Product and eighth-largest by purchasing power parity in 2019. According to the International Monetary Fund, Brazils 2019 nominal GDP was R$6.826 trillion or US$1.868 trillion. The Latin American...
RUSAL and other companies must allow union representation: Joseph Hamilton, Labour Minister - Guyana
Joseph Hamilton, Guyana’s Minister for Labour on 17 th August’20 has prepared to lead a government delegation into talks with RUSAL. The Minister pledged RUSAL and other companies that they must allow workers from being represented by trade unions. Hamilton said: “Workers will not be denied their...
Colombia’s import of Aluminium Foil during 2017-19 remains steady: Projected with 79.69% growth for 2020
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product. Colombia has experienced a historic economic boom over the last decade. In 1990, Colombia was Latin America's 5th largest economy and had a GDP per capita of only $1,500, by 2018 it became the 4th...
Sanjeev Gupta’s Liberty House hints to takeover Alcoa’s troubled San Ciprián Aluminium smelter in Spain: Industry Sources
The British metal tycoon, Sanjeev Gupta owned Liberty House Group, part of GFG Alliance, has hinted their interest in acquiring Alcoa’s San Ciprián aluminium smelter in Spain, as per Industry sources. Alcoa has already declared an informal process with the workers’ representatives to discuss...
“COVID-19” impact: Mexico's Alfa to spin-off rest of its stake in Aluminium auto parts producer Nemak
The Mexican Multinational conglomerate Alfa announced on 31 st July’20 that it projects to spin off the gross of its remaining 75% stake in aluminium automotive parts supplier Nemak. As per the company: “If shareholders approve the proposal at an Aug. 17 meeting, they would receive one share of...
Poralu Marine expands its geographic location, opens office in Mexico
Poralu Marine, the world’s leading aluminium port installer is opening a new sales office in Mexico and emphasizing the diversification of its activity. Born from a family entrepreneurial adventure, Poralu Marine grew up following in the footsteps of artisans, until it became an international...
