South Korea’s Russian aluminium imports reached a record high in 2025, making Russia the country’s largest aluminium supplier for the first time. The sharp increase has strengthened Korea’s dependence on Russian metal even as the US and Europe tighten sanctions against Moscow. The exposure is...
Asia’s alumina exports entered 2026 on a strong footing, with shipments to global markets reaching 7.05 million tonnes worth USD 2.76 billion in H1 2026 , up 27.36 per cent year-on-year . The sharp rise in H1 was driven by a quarter-on-quarter surge by a considerable margin. This indicates an...
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Based on China Customs data, the Shanghai Metals Market reported the country’s aluminium foil exports in October 2024 saw a month-on-month increase of 8 per cent and a year-on-year hike of 27 per cent, totalling 134,200 tonnes. The average cost of China’s aluminium foil export was $3,625 per tonne...
The board members of Nam Dinh province's (Vietnam) industrial parks have granted approval for the investment in the development of an alloy factory by Kam Kiu Aluminium Products Group Limited, a leading aluminium extruder in Hong Kong (China). The total investment for the construction, which is...
In a significant development for the global aluminium market, Indonesia is poised to become a major player in the industry, driven by its vast reserves of bauxite and a strategic partnership with China. Image Source: https://leadthecharge.org/ According to recent data, Indonesia's bauxite reserves...
Aluminium scrap exports from the United States stabilised in August 2024, following two months of decline. According to the US Census Bureau survey, the export volume remained at 168,000 tonnes in August, unchanged from July's figures. Back-to-back, in June and July, the United States' aluminium...
The largest integrated aluminium producer in South East Asia, Press Metal Aluminium Holdings Bhd reported a significant 31.4 per cent jump in net profit for the third quarter that ended Sept 30, 2024, reaching RM402.3 million, up from RM306.1 million in the same period last year. The robust...
China's aluminium plate, sheet and strip exports trended up in October 2024, both monthly and annually. According to China customs data, the export volume in the said month stood at 300,300 tonnes, reflecting a Y-o-Y hike of 34 per cent and a M-o-M rise of 4 per cent. Image Source: Mingtai...
Winstar Capital Bhd, poised to debut on Bursa Malaysia's ACE Market this December, aims to scale up its production of solar photovoltaic (PV) mounting structures. This initiative is bolstered by the company's active engagement in solar panel installation services. Primarily specialising in...
On Tuesday, October 29, Ruixin Technology announced plans to support its overseas business expansion by establishing a production base in Thailand. The company, in collaboration with its wholly-owned subsidiary Ruixinchang (Hong Kong) Co., Ltd., has jointly invested in the creation of Ruixin...
As part of a significant enforcement action, the Malaysian Anti-Corruption Commission (MACC) has arrested a state government official suspected of shielding illegal bauxite mining operations in Kuantan since 2022. The arrest occurred during a raid in the Bukit Goh area of Kuantan, where two company...
The Malaysia-based Winstar Capital Bhd, a manufacturer of aluminium products, has signed an underwriting agreement with TA Securities Holdings Bhd for its upcoming initial public offering (IPO) on the ACE Market. According to a company statement, TA Securities will underwrite 30.45 million new...
Investments in recycled-content aluminium and copper production worldwide have sparked unease among traders and industry experts, with many questioning whether non-ferrous scrap exports will face a tightening landscape in the years ahead. This issue took centre stage at the Bureau of International...
PT Alumindo Light Metal Industry Tbk (ALMI), one of Southeast Asia's largest aluminium rolling manufacturers, has halted all operational activities, including production, administration, and sales. Founded in 1978, ALMI is based in Surabaya, Indonesia, and operates as a subsidiary of the Maspion...
According to industry experts at the recent BIR convention in Singapore, Southeast Asia is rapidly establishing itself as a major hub for metals recycling, with new facilities emerging across Malaysia, Thailand, and Vietnam. Currently, BIR has a membership of over 1,100 companies, and around 1,200...
In a recent survey, Zhejiang Jinfei Kaida Wheel Co., Ltd stated that local market demand has increased with major Chinese automotive brands like Chang'an, Great Wall, and BYD establishing production bases in Thailand. As a result, the China-based manufacturer and distributor of automotive...
Winstar Capital Bhd has received the green light from Bursa Malaysia Securities Bhd to proceed with its listing on the ACE Market, scheduled for the fourth quarter of 2024. This strategic move marks a significant milestone for Winstar, positioning it for further growth within Malaysia’s dynamic...
An Lap Phat (ALP), a Vietnam–based manufacturer of aluminium profiles specifically for building and construction applications, has recently launched its business policy focussing on sustainability at the Customer Conference. An Lap Phat emphasised its commitment to collaborative growth, enhancing...
The 2 nd Congress of the Association of Aluminium Profile Manufacturers for Construction and Industry of Vietnam commenced, gathering industry leaders to set a transformative agenda for the next five years (2024-2029). In a relatively young but rapidly growing sector, the Vietnamese aluminium...
According to the General Administration of Customs, China's primary aluminium import receded from its monthly high in September 2024, marking a sequential decline of 16 per cent. Even on an annual basis, the import volume decreased by 31.7 per cent, astonishing the industry for the unprecedented...
