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...
Korea’s 483kt of Russian aluminium imports hit record high as sanctions risks deepen
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...
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Press Metal falls 3.39% on the back of low aluminium prices
Press Metal Bhd ( Financial Dashboard) shares dropped 10 sen or 3.39% to RM2.85 this morning on the heels of a drop in prices of the aluminium futures contract as it is being weighed down by growing supplies. At 12.30pm, a total of 3.18 million shares were traded. Press Metal (fundamental: 0.95;...
Vietnam’s spot aluminum demand picks up as China’s semis exports fall
Spot import demand for primary aluminum ingot in Vietnam has picked up in the last month or so, as exports of Chinese remeltable semi-finished products decreased, trader and producer sources said Wednesday, May 13. Spot deals have closed this month at $200-$230/mt plus London Metal Exchange cash,...
Press Metal profit rises 54% in Q1 on higher output, price
Press Metal Bhd, whose shares came under selling pressure in the second half of last month due to concerns of an aluminium glut, posted commendable results for the first quarter (Q1) ended March 31. The aluminium smelter announced to Bursa Malaysia a 53.9% year-on-year rise in Q1 net profit of...
Diaki Aluminium Industry will expand production in Thailand
Industry Minister Chakkamon Phasukwanit has said after meeting with the president of Diaki Aluminium Industry (Thailand) Co., Ltd. that the company promised to maintain and expand its production site in Thailand to accommodate future growth of the Thai automotive industry. Diaki Aluminium Industry...
Altech Chemicals Ltd publishes March 2015 Quarterly Report
Altech Chemicals Ltd publishes March 2015 Quarterly Report on 30th May. Highlights of the report: Altech appoints BFS partners and key suppliers for HPA operation • Seatram appointed as Altech's transport and logistics services provider • M + W Group appointed as the EPCM partner to facilitate...
Rusal looks to make small acquisitions
The world’s largest aluminum producer, United Co. Rusal, is looking for some small acquisitions as it seeks to diversify and expand its business, the company’s chief executive, Vladislav Soloviev, said Monday. Mr. Soloviev said he’s looking at smaller deals, such as bauxite producers in Indonesia...
Altech appoints Melewar intergrated engineering as construction partner for HPA project
Highlights - Memorandum of Understanding with Melewar Integrated Engineering Sdn Bhd - Part of the diversified Melewar Industrial Group Berhad (MIG-Melewar) - Construction services for buildings and steel works, civil works, roads and site infrastructure Altech Chemicals Limited is pleased to...
Antam may receive financing from Chinese lenders
Antam may soon receive financial aid from China Development Bank (CDB) and Industrial and Commercial Bank of China (ICBC) worth US$ 50 billion according to reports. The company is struggling with its finances and production maybe stalled in the absence of adequate funding sine the House has...
Ball announces plants with greatest sustainability impact in 2014
Ball Corporation is honoring seven of its 58 global manufacturing plants with the R. David Hoover Sustainability Award for making a substantial impact toward Ball's sustainability goals, both inside the plant and within their communities, in 2014. The annual award recognizes one plant in each...
Falling commodity prices pull down Inalum’s sales by 10% in Q1 2015
Global commodity prices have pulled down the sales of PT Indonesia Asahan Aluminium (Inalum) by 10% in the first quarter of 2015. The fall in sales and the steadily declining premium price in the global market over the past two months has prompted the decision that the company will not be exporting...
Altech commences permitting for HPA plant in Malaysia
Highlights • Altech commences permitting process for HPA plant in Malaysia • First stage of process involves the Preliminary Site Assessment (PAT) • A ltech’s HPA plant is designed to meet both international and Malaysian standards Altech Chemicals Limited is pleased to announce that it has...
Triyards secures $100 million project to build high-speed aluminium craft
Triyards, the Singapore-based shipbuilder has received orders worth $100 million for a three-pronged project including a liftboat, a high-speed aluminium craft along with a fabrication project. Strategic Marine, a subsidiary of Triyards will be responsible for building the aluminium craft along...
Sincap signs MoU to acquire Orion Energy
Singapore-listed Sincap Group Limited, which trades alumina and thermal coal, and is also involved in property development, has signed a memorandum of understanding to acquire Orion Energy Resources. Orion too is a Singapore-incorporated company and is engaged in mineral trading and logistics...
Malaysian companies record RM75m sales at Indonesia’s auto exhibition
Malaysian companies generated sales worth RM75.20 million from their participation at the recent Indonesia International Auto Parts, Accesories and Equip Exhibition 2015 (INAPA). Among the products of interest were automotive suspension system, anti-vibration system, lubricants, engine mountings,...
Malaysian Bauxite exports to china could soar to over 8 million tonnes in 2015, SMM sees
China’s imports of Malaysian bauxite could balloon to 8-10 million tonnes in 2015, Liu Xiaolei, aluminum analyst at SMM said during the recent 2015 Shanghai Copper & Aluminum Summit. China has diversified its sources of bauxite supply, with the number of supplying countries increasing to 9 in 2014...
Vinacomin states that Vietnam’s alumina output is expected to jump 20%
Vinacomin, state run mining group, said on Tuesday that Vietnam’s alumina output is expected to jump 20 percent with the help of country’s first alumina plant which has reached its design capacity of 650,000 metric tons. Although there are reports of possible losses for the Tan Rai complex for the...
Kobelco contributing to increasing demand for data storage components
Japanese steel manufacturer Kobelco is contributing to the increasing demand for data storage components across the world, manufacturing aluminium ground substrates, one of the main components of hard disks. In a hard disk, magnetic data is stored on a circular disk, which is typically made using...
Vietnam’s second bauxite plant to have test run next month
After delays in construction, Vietnam’s second bauxite refinery plant in the Central Highlands province of Dak Nong will have its first test run next month, news website Saigon Times Online reported Tuesday. Le Minh Chuan, chairman of the Vietnam National Coal and Mining Industries Group...
