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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Brazil's extrusion aluminium sector on import duties
Brazil's aluminium industry must find a compromise between extruders fighting for the removal of import taxes on primary aluminium, and smelters which want them retained
Brazil's aluminium sector in split on import duties
Brazil's aluminium industry must find a compromise between extruders fighting for the removal of import taxes on primary aluminium, and smelters which want them retained
Hydro mulls 'new timetable' for CAP start-up
Norsk Hydro could delay the launch of Companhia de Alumina do Pará (CAP), the greenfield alumina project it bought from Vale earlier this year.
Venezuelan Alcasa seeking private investors
BNamericas reported that workers at Venezuelan state aluminum reducer Alcasa have drawn up a proposal to attract private investors to help return plant operations to normal. Mr Henry Arias labor director of Alcasa said that "We want to look for investors to help us revitalize the company and we're...
Argentine Stocks: Aluar Aluminio Argentino, Sociedad Comercial
The following companies are having unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 11:15 a.m. New York time. The Merval Index climbed 1 percent to 3,013.87, its fourth day of gains in the past five sessions. Aluar Aluminio Argentino SAIC...
Brazilian aluminum output in July down by 10pct YoY
Brazil's July Aluminium Production according to Abal the Brazilian aluminum association is as follows: In ('000 tonnes) Total Production 118.1(July'2011)130.6(July'2010) Change -9.6%
Novelis appointment
Novelis has appointed Marco Antonio Palmieri Senior Vice President of Novelis and President, Novelis South America, effective August 22, 2011.
Bauxilum to invest USD 48 million to improve operations at Los Pijiguaos mine
BNamericas reported that Venezuelan state bauxite and alumina company Bauxilum will spend more than USD 48 million to increase bauxite output at the Los Pijiguaos mine. Mr José China president of Bauxilum said that the plan involves spending USD 28.8 million to purchase inputs and parts to upgrade...
Bauxilum workers concerned about forward sales contract with Glencore
BNamericas reported that workers at Venezuela's state alumina company Bauxilum have asked the government to review the forward sales contract that was recently signed with Swiss commodities trader Glencore International. A representative from Bauxilum's Suprabaux workers union said that "There have...
Argentine Stocks: Aluar Aluminio, Grupo Galicia Fall; YPF Rises
The Merval Index fell 1.9 percent to 2,809.75, its sixth day of losses in the past seven sessions. Aluar Aluminio Argentino SAIC (ALUA) , which produces and sells aluminum and aluminum products for domestic use and export, fell 3 percent to 3.95 pesos. Aluminum fell on the London Metals Exchange,...
CVG-Alcasa official postpone planned trip to China to discuss JV
CVG-Alcasa officials' planned trip to China to pin down final details of a $403 million joint venture designed to revive Venezuela's ailing aluminum smelter has been postponed, Alcasa sources told Platts. The Ministry of Basic Industry and Mining "hasn't given the authorization yet," an Alcasa...
Suriname eying US$3.5B of investments
With four big investments in Suriname planned for the coming three to four years, the country must start preparing now to fully benefit from these financial injections. The labor market in particular must be made ready, says Henk Ramdien, retired managing director of bauxite company Suralco. On...
Venezuela’s Bauxilum Agrees to Glencore Contract, Correo Says
Venezuelan state-run alumina and bauxite producer CVG Bauxilum’s board agreed to a $120 million future supply contract with Glencore International Plc, Correo del Caroni reported, citing Wilfredo Flores, a labor director. Bauxilum will supply Glencore with 1.4 million tons of alumina between 2014...
DJ Early-Morning Power Outage Shuts Down Venezuelan Metal Companies
A power outage early Tuesday shut down Venezuela steelmaker Sidor and partially stopped operations at state-owned aluminum company Venalum, state media reported. A transformer failure at 3:35 a.m. led to the emergency stop at the plants, according to the Venezuelan News Agency.
Brazilian Utility Upgrades Transmission Line
Brazilian utility AES Eletropaulo has upgraded a transmission line that carries electricity through a congested portion of Sao Paulo, Brazil. The utility used 3M Aluminum Conductor Composite Reinforced (ACCR) overhead conductor to more than double the transmission line's capacity without the need...
Barclays: Collahuasi copper mine workers strike for 24 hours over pay
The metals closed lower on Friday but have been boosted this morning by news over the weekend that the US has come to an agreement on the national debt limit. Copper is trading at $9,870/t with support from the ongoing strike at the world’s largest copper mine, Escondida. This follows a 32-day...
Alcoa Foundation to sponsor 25 employees for Earthwatch Institute expedition
Alcoa Foundation announced that it will sponsor 25 employees from the Company’s operations in Australia, Brazil, Canada, China, Hungary, Iceland, Norway, Russia, Spain, Suriname and the United States on Earthwatch Institute expeditions to Brazil and China. The employees, who volunteered to become...
Barclays: Chilean govt data show mine production fell close to 9% y/y in June
SHFE stocks this week showed another build in copper (+5.3Kt) which we suspect reflects better spot availability following the movement of bonded warehouse stock, while Aluminium stocks fell 22.1Kt, Zinc fell 155t and Lead rose 831t. In terms of metal news, the focus remained on the strike at...
