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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On 8 th January 2021, the bond credit rating business of Moody's Corporation, Moody's Investors Service had withdrawn Press Metal Aluminium Holdings Bhd's Ba3 corporate family rating and negative outlook for business reasons. The bond rating firm said: "Moody's has decided to withdraw the rating...
The metal segment of En+ Group, Rusal, the world's largest producer of low carbon aluminium, has announced its partnership agreement with Hodaka, a Taiwanese innovative producer of high-quality aluminium alloys, to supply aluminium products with low carbon footprint. RUSAL and Hodaka partnership...
Bangladesh has recorded as one of the rapid growth rates in the world in the past few years with a stable economic performance that has helped to reduce poverty and social inequalities. According to the updated IMF forecasts from 14 th April 2020 GDP growth was estimated to have reached 7.9% in...
The English company Aspen Pumps based in Hailsham has acquired Malaysian-based manufacturing company of high-end aluminium and metal-based components for the lighting, air conditioning and electrical industries, LNE Group. LNE was founded in 2002 by an Englishman named Mark Rampling, while the...
The all-round naval specialist PIRIOU has just delivered a 55m FPSV to JANA MARINE SERVICES, a Saudi Arabia provider of best-in-class integrated Marine Services to Offshore Oil & Gas Industry. The vessel built by PIRIOU VIETNAM with a sea proven PIRIOU design, a dozen of vessels of this model were...
It has been said that quiet is sometimes the best way to control a pandemic. As per Australian Institute of International Affairs, Brunei is Southeast Asia’s most overlooked nation and it has proven its bureaucratic brass and state system functionality, and its success gives credence to its...
Aluminium Stewardship Initiative has announced the joining of Yunnan Haoxin Aluminum Foil Co. Ltd. as a new Production & Transformation member, which brings the total number of ASI Members to 152. Yunnan Haoxin Aluminum Foil Co. Ltd. is committed to the production, development, and sales of...
The United States aluminium scrap exports to Malaysia stood at 44,800 tonnes in October 2020, recording an increase of 7,200 tonnes or 19.15 per cent M-o-M after two consecutive months of decline. In September, the United States exported 37,600 tonnes of scrap to Malaysia, down by 8.96 per cent...
The Covid-19 pandemic has taken Indonesia into its first recession in 22 years, following a downfall of 5.32% in the Q2 of 2020. The last time this happened was during the Asian financial crisis in 1998. Indonesia’s export of aluminium stranded wires in 2018-19 stood at 2540 tonnes and the revenue...
According to a recent report, India has started probing into alleged subsidised aluminium products exports by Malaysia, following a complaint by the domestic industry. The news came after the Directorate General of Trade Remedies (DGTR) began an anti-subsidy investigation to examine if Malaysia’s...
The United States aluminium scrap exports to Indonesia stood at 8,780 tonnes in September 2020, recording a downfall of 34.96 per cent month-on-month, according to the US Geological Survey. In August 2020, the United States exported 13,500 tonnes, which stood up by 33.66 per cent from 10,100 tonnes...
According to a report on Monday, December 21, Altech Chemicals, together with Speciality Materials Investments LLC (SMI) have mutually decided to terminate the share purchase subscription agreement. The agreement was executed on April 22, 2020, for SMI to invest up to $2 million in Altech shares...
The economy of Japan has plunged at its rapid rate on record as it battles the COVID-19 pandemic. The world’s third-largest economy saw gross domestic product fall 7.8% in April-June from the previous quarter or 27.8% on an annualised basis. However, Japan was already struggling with low economic...
The United States aluminium scrap exports to Malaysia extended decline in the third month (September) of Q3 2020 to 37,600 tonnes, found the US Geological Survey data. Month-on-month, the export declined 3,700 tonnes or 8.96 per cent from 41,300 tonnes. In August, the United States aluminium scrap...
Tan Sri Chan Kong Choy has cropped up as the largest shareholder of aluminium extrusion firm P.A. Resources Bhd after acquiring a 10.18% stake in the group. The former Malaysian Transport Minister’s wholly-owned, Interlink Matrix (M) Sdn Bhd, acquired 228.38 million shares from P.A. Resources’...
The economy of Singapore ranks as the most open in the world, 3rd least corrupt, most pro-business, with low tax rates and has the third-highest per-capita GDP in the world in terms of purchasing power parity (PPP). However, the trade and industry ministry revised its full-year forecast for...
PT Indonesia Asahan Aluminum (Persero), INALUM again held a friendly meeting with Aluminum consumers on a virtual platform. The activity is routinely carried out every year, however this time it was slightly different because it is carried on the virtual platform by paying attention to the New...
The Chinese company engaged in alumina refinery project, PT Bintan Alumina Indonesia (BAI), will commence its operations in early 2021 in the Galang Batang Special Economic Zone (KEK), Bintan Regency, Riau Islands. Santoni, President Director of PT BAI stated that currently, BAI is the lone company...
