Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
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...
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Aluminium shipments at quarterly peak for Novelis
Aluminium giant Novelis has reported its strongest shipping quarter since 2008, but pretax profit growth remained subdued in the last three months of 2013. Shipments of aluminium rolled products totalled 721,000 tonnes between October and December 2013, up 11% compared to the same period in 2012....
Chile sees aluminium deficit
Weak aluminium prices are pointing to a major oversupply in the metal in Chile. But, Citi thinks the market indicators for aluminium are conflicting. The London Metals Exchange 3-month prices imply a market that's in significant oversupply, despite the closure of smelting capacity around the world...
Suriname earthmoving company eying investment in bauxite sectors
A meeting took place between Earthmoving Company LUNA N.V. executives of Suriname and the Natural Resources and the Environment Minister Robert Persaud to discuss about the business potentials within the gold mining and bauxite sectors. A press-release from the Ministry of Natural Resources said...
First Bauxite Corporation Announces Issuance of Stock Options
First Bauxite Corporation ("First Bauxite" or the "Company") is pleased to announce that it has granted incentive stock options for the purchase of up to 300,000 common shares of the Company at an exercise price of $0.14 for a five-year period to a director of the Company. First Bauxite Corporation...
Brazil primary aluminum output for 2013 falls 9.2 pct
The Brazilian Aluminum Association, said on Thursday, primary aluminum production in Brazil fell 9.2 % to 1.3 million tonnes in 2013 in comparison to 1.44 million tonnes the previous year. According to the association,despite Brazilian electricity costs getting low, it resulted in the decline as it...
Global aluminium market looks well supplied: JP Morgan
The global aluminium market looks very well supplied. On the surface, JP Morgan projects primary demand will be 53.1m tonnes in 2014, implying the stock-to-use coverage on the London Metals exchange is 14 weeks or more. Nevertheless, a closer look at the fundamentals reveals a sharp divergence in...
Reed Exhibition anticipates more than 37,000 visitors at aluminium shows
Reed Exhibitions is preparing for a record year with its portfolio of biennial Aluminium shows. Weeks before the kick-off of the World Cup in Brazil, the second edition of Aluminium Brazil will bring together the international aluminium industry on 1-3 April in São Paulo. The 2014 event will follow...
$60 m invested for Puerto Rico‘s aluminum plant
Puerto Rican Investors have invested a total amount of $60 million for the aluminum can plant located at Cidra in Puerto Rico. The products will be exported to countries such as Jamaica, United States, the Dominican Republic and many other countries in that region. Puerto Rican owns Caribbean Can...
Pan American Energy will continue gas supply to Puerto Madryn smelter: Aluar
Aluar, the biggest aluminum producer of Argentina, said on Thursday that Pan American Energy, the oil company has agreed to continue supplying its Puerto Madryn smelter with natural gas. The two companies is said to negotiate a disagreement over prices. Aluar said, the agreement seems good for 90...
Rusal Armenal increases aluminum foil production 5,2% for Jan-Nov 2013
The sole producer of aluminum foil in Armenia , CJSC Rusal-Armenal Plant, increased production 5,2% for Jan- Nov 2013 versus the same period of 2012 - up to 25,375 thousand tons of foil, the National Statistical Service reported. Foil rolling for Jan- Nov 2013 grew 1.1% to 17,8 tons (17.6 tons for...
First Bauxite saw remarkable increase in share prices
Last week, the share prices of a number of junior resource companies on the TSX Venture Exchange increased. Among those, First Bauxite saw remarkable increase in the share prices. First Bauxite, the Canadian natural resources company rose 27.27 percent last week. First Bauxite explores and develops...
Alcoa to curtail powdered metal operations in Texas
Alcoa Inc. plans to curtail its Rockdale, Texas, aluminum powder operations as it looks to cut costs in its primary products business. That process is expected to be completed by the end of February, a spokeswoman for the Pittsburgh-based aluminum producer told via e-mail Dec. 18. The facility...
Rio Tinto shelves $4 billion aluminum smelter plan in Paraguay
Rio Tinto has announced that it is shelving its plans to construct an aluminum smelter worth $4 billion in Paraguay. The company attributed its decision to poor market conditions in the aluminum segment. The decision doesn’t come as a surprise to us, considering that only a few days back the...
Alcoa's aluminum production cuts not to help the aluminium industry considerably
Aluminum production is rising in Africa, China, the Arabian Gulf, Eastern and Central Europe and (this surprised us a little) North America, but it is falling in Oceania, South America, Western Europe and Asia (ex-China), according to FastMarkets. We continue our Aluminum Outlook 2014 from Part One...
aluminium shipments down in Brazil as traditional buyers cut purchases
Brazilian aluminium exports fell sharply year-on-year in November after traditional customers like Japan and Switzerland reported no trade in the month, and domestic demand increased. Volumes sent abroad totalled 10,260 tonnes, from 41,782 tonnes in November 2012. Revenues in the month totalled...
Alumina export up in Brazil
Alumina exports were up 26.3% year-on-year in November as a result of increased trade with Europe. Exports totalled 603,792 tonnes, compared with 478,056 tonnes in November 2012. Revenues for the month stood at $151.78 million, from $118.97 million a year ago. Norway acquired 163,938 tonnes,...
Aluminum cans help specialty drinks brands expand reach in Brazil
ABRE, the Brazilian Packaging Association, recently reported that the average number of beverage cans used in 2012 per Brazilian consumer rose to 103, a 12% increase from 91 cans used the year before. While many of these cans are for beer or soft drink applications, an increasing number of brands...
Rio Tinto puts off plans for Paraguay aluminium plant
Giant global mining company Rio Tinto said on Tuesday it postponed studies related to a proposed $4-billion aluminium plant in Paraguay due to bad market conditions, putting what would be the country's biggest-ever foreign investment in jeopardy. The plant would have been Rio Tinto's largest...
