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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The General Manager and Vice President of Ball Beverage Packaging for India and Southeast Asia, Amit Lahoti said: “The demand for can-packed products would sharply rise, given the increasing emphasis on recycling and sustainable solutions.” Mr Lahoti highlighted that the per capita can consumption...
The Malaysian aluminium producer, PRESS Metal Aluminium Holdings Bhd’s Q2 2021 earnings are estimated to escalate 30%-40% to RM265-RM285 million, which is triggered by a higher London Metal Exchange (LME) spot average of $2,400 per tonne and enhanced smelting output. One of the most recognised...
The high-purity alumina provider, Altech Chemicals, who aims to become the world’s largest supplier in its segment has entered the conclusive stages of a $195 million listed green bond offering to dispense additional financing for the construction of a planned $400 million high purity alumina (HPA)...
In Africa & Asia (ex-China), alumina production during June 2021 stood at 1.063 million tonnes, reflecting a month-on-month downfall of 6.26 per cent from 1.134 million tonnes. However, on a year-on-year basis, the output stood higher by 4.83 per cent from 1.014 million tonnes. Africa & Asia’s...
Taiwan’s imports of aluminium scrap from the US stood at 2,640 tonnes in April 2021, with a year-on-year decrease of 13.73%. Taiwan had imported 3,060 tonnes in April 2020. On a month-on-month basis, imports increased by 9.54% from 2,410 tonnes in March 2021, as updated by the US Census Bureau. In...
On 23rd June 2021, the central bank of Thailand, which is known as the Bank of Thailand predicted, the Thai economy would expand by 1.8% in 2021 and 3.9% in 2022. This would be lesser than the previous projection owing to lower foreign tourist figures and domestic demand held down by the third wave...
Taiwan’s imports of aluminium scrap from the US stood at 2,640 tonnes in April, with a month-on-month increase of 9.54%. Taiwan had imported 2,410 tonnes in March 2021. On a yearly basis, imports reduced by 13.73 % from 3,060 tonnes in April 2020, as updated by the US Census Bureau. In the first...
The Japanese economy is expected to grow and avoided skidding into recession this quarter but an extension of emergency measures to stem a rise in coronavirus infections has dented the growth outlook, a Reuters poll reflected. The island country in East Asia, located in the northwest Pacific Ocean,...
The commerce ministry of India has been recommended for the imposition of anti-subsidy duty on certain types of aluminium wires imported from Malaysia for five years. This is a movement focused on safeguarding the domestic players from imports that are subsidized in Malaysia. Directorate General of...
The former Indonesian National Board for Disaster Management (BNPB) chief Doni Monardo, and who is also a retired Army Lieutenant General of the Indonesian National Armed Forces (Indoneisan National Military), has been appointed as President Commissioner of state-owned, PT Indonesia Asahan...
The economy of Sri Lanka has been envisioned with a significant growth by the Asian Development Bank’s (ADB) flagship annual economic publication as the domestic and global economic activity strengthens and vaccination campaigns gather momentum domestically and abroad. The pearl-shaped island...
Indonesia is classified as a newly industrialized country, as the economy remains the largest in Southeast Asia. As per the report released on 28th April 2021 by Asian Development Bank (ADB), Indonesia’s growth rate is expected to reach 4.5% in 2021 and 5.0% in 2022 amid improving global conditions...
Malaysia’s imports of aluminium scrap from the US stood at 41,100 tonnes in March 2021, marking an increase of 68.44% from 24,400 tonnes in March 2020, as updated by the US Census Bureau. The volumes climbed by 11.99% month-on-month basis from 36,700 tonnes in February. In the first quarter of...
On 4th May 2021, the officials of the Industry Association stated Malaysia’s proposal for restrictions on imports of scrap metal like aluminium among others might lose out to its neighbouring nations on the highly desired investment in the recycling sector. Lately, Malaysia has cropped up as a...
A unit of China Haida, CHD Engineering and Trading, has teamed with K-United Builder (KUB) to supply and install aluminium products for projects in Singapore and Malaysia. The first project is for a commercial building in Johor, Malaysia, worth S$1.68 million, that requires aluminium cladding and...
P.A. Resources Bhd, the low profile aluminium extruder in the previous three years has driven to the profitability path from a decade of losses the company went through. The Malaysian aluminium firm boosted it production in three times, while it transpired as a supplier to one of the largest global...
The Dhaka Stock Exchange-listed company Sonali Paper and Board Mills Ltd of Bangladesh has inked a deal with Chinese firm Zhangjiagang Fineness Aluminium Foil Co Ltd to set up an aluminium foil paper plant in Naraynganj district’s Rupganj administrative area. On 23rd May 2021, Mohammad Younus,...
Malaysia’s aluminium scrap imports from the United States edged 4,500 tonnes or 13.98 per cent higher month-on-month to 36,700 tonnes in February 2021, found the US Geological Survey data. In January, Malaysia imported 32,200 tonnes of aluminium scrap from the US, down by 4,200 tonnes or 11.54 per...
