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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Nestlé, Walmart, Coke, Pepsi and Unilever support recycling network
Nestlé, Walmart Chile, Coca-Cola Chile, PepsiCo, and Unilever have signed a partnership to reduce waste and support a new recycling network in Chile. The companies have backed the Collective Recycling Project, which aims to recycle about 1,200 metric tons of waste per year through the installation...
Midwest P1020 aluminium premiums rise
Midwest aluminium premiums have increased as spot availability has tightened at the same time that wide spreads on the London Metal Exchange continue to support financing deals. Metal Bulletin sister title AMM’s spot P1020 aluminium premium increased to a range of 10.75 to 11 cents per pound on...
Rusal looks to boost aluminium sales in Brazil
United Co Rusal plans to step up sales of aluminium to the South American market, sources told Metal Bulletin. Its move reflects efforts by the Russian company to move on from sales into Brazil’s spot market to deals signed on annual contracts. “There should be an increase [in Brazil’s aluminium...
Aluminum Association continues growth with two new member companies
The Aluminum Association announced today the addition of two new member companies, Aluminicaste and Walbridge. Aluminicaste joined as a producer member while Walbridge joined as an associate member. This brings total company membership in the Association to 98, consisting of 50 producer members and...
Alcoa considered one of the model companies in EXAME’s Sustainability Guide 2013
Alcoa, the world's leading producer of primary and transformed aluminum, was considered the most sustainable company in the sector in which it operates and in the category, 'Relationship with Suppliers' by Exame's Sustainability Guide 2013, an annual publication from Editora Abril. Considered to be...
Brazil´s aluminium imports surge as year's first Russian shipments arrive
Brazil´s aluminium imports rose by 61.2% year-on-year in October, mainly as a result of the year's first shipments from Russia. Brazil imported 12,060 tonnes of aluminium in the month, compared with 7,477 tonnes in October 2012, according to figures from the country´s trade minister. In...
Designer recycles aluminium cans into stools on São Paulo Street
It’s one thing to make a product using aluminium or plastic recycled at a plant. But recycling cans into chairs — on the same street they were found — is something else. That’s exactly what the resourceful designers at Studio Swine did on a recent trip to São Paulo. The London-based designers call...
Brazilian aluminium exports fell sharply in October
Brazilian aluminium exports fell sharply year-on-year in October after increased domestic demand and fewer volumes sent to Europe. Volumes sent abroad totalled 18,802 tonnes, from 43,024 tonnes in October 2012. Revenues in the month totalled $35.36 million, compared with $82.64 million a year ago....
Bauxite trade increases in Brazil in October 2013
Bauxite exports from Brazil reported a 10% increase in October, after China and Canada increased purchases. Shipped volumes totalled 1.06 million tonnes in the month, compared with 966,837 tonnes in October last year. The figure also represents a 77.4% increase from September, when 597,550 tonnes...
Alumina trade down in Brazil
Alumina exports fell 6.6% year-on-year in October as a result of a reduction in volumes sent to Canada and Norway. Exports totalled 685,214 tonnes, compared with 733,885 tonnes in October 2012. Revenues for the month stood at $170.41 million, down from $190.35 million a year ago. Canada reduced its...
Hindalco Q2 net profit seen up 25%; stock rallies over 2%
Hindalco Industries Ltd gained as much as 2.5 per cent in a weak market on Tuesday ahead of its results for the quarter ended September 30. The world's largest aluminium rolling company is expected to report a 25 per cent YoY increase in net profit to Rs 450 crore for the second quarter if the...
Vale seeks to sell $1.8 billion aluminum Norsk Hydro stake
Vale SA (VALE), the world’s biggest iron ore exporter, plans to sell its stake in aluminum-maker Norsk Hydro ASA (NHY) for as much as $1.8 billion, about half the holding’s value when the Brazilian company acquired it in 2011. Vale expects to sell as much as 447.7 million shares, or all its 22...
Novelis reports second quarter of fiscal year 2014 results – expansion continues
Novelis reports solid Quarterly Performance in a Transitional Year. Novelis, the world leader in aluminum rolling and recycling, today reported net income attributable to its common shareholder of $23 million for the second quarter of fiscal 2014. Excluding certain tax-effected items, net income...
Brazilian Alloys & Metals to save costs at aluminium operations
Brazilian aluminium producer Alloys & Metals Reciclagem de Metais intends to save costs at its future operations in Pará state, in the north of Brazil, by processing liquid metal, Metal Bulletin understands. "By building a plant next to a primary aluminium producer, it is possible to save costs by...
Brazil remains leader in aluminium can recycling
Brazil recycled 97.9% of all aluminium cans consumed in the country in 2012, making it the top can recycler in the world for the 11th year in a row. Figures from the country’s aluminium association (Abal) and high-recyclability can producers association (Abralatas) show that about 267,100 tonnes of...
Brazilian aluminium scrap prices up again in October
Brazil’s domestic aluminium scrap market continued to strengthen in October with most prices recording monthly rises, while all were up from levels a year earlier, according to a survey released by the Brazilian aluminium association, Abal. The most expensive class of secondary aluminium items in...
Aluminium market to soar after 2014, economist says
Aluminium companies should use a slow 2014 to upgrade, expand and hire new staff to gear up for boom times in the following years, an economist has said. Next year will be “off” compared with 2013 as demand slackens from the middle of 2014 into the first quarter of 2015, Alan Beaulieu, president of...
Brazil's aluminium output falls 10.1% in September
Brazil’s aluminium output fell 10.1% year-on-year in September, following production curtail announcements in the country. This was down from 117,300 tonnes in the same month of 2012. In the January-September period of this year, production fell 8.5% compared with the same period in 2012, totalling...
