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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SDK Group opens aluminum casting plant in Pasir Gudang
Showa Denko K.K (SDK) today opened its new aluminum casting plant, SHOTIC Malaysia Sdn. Bhd. (STM) at Kompleks Perindustrian Tanjung Langsat, Pasir Gudang, Johor Baharu, Malaysia to further strengthen its production system of automotive aluminum parts. STM, setup with RM48 million (JPY 1.6 billion)...
China’s Malaysian bauxite imports hit record high in Sep. 2014
China’s imports of Malaysian bauxite hit a record high of 566,000 tonnes in September 2014, China Customs data showed. Malaysia – accounting for 20% of China’s total imports in September – became China’s third largest supplier of bauxite, next only to Australia and India. This was driven largely by...
Press Metal upbeat on aluminium industry outlook
Press Metal Bhd is upbeat on the outlook of the aluminium industry driven by supply shortage amid higher demand from various industries including car, construction, aviation and cable. Group chief executive officer, Datuk Koon Poh Keong, said despite the forecast deficit of one million tonnes this...
HKeX signs deal aimed at LME Asia warehouse expansion
Hong Kong Exchanges and Clearing (HKeX) has signed a preliminary deal with China Merchant Group companies aimed at expanding London Metal Exchange warehouses in Asia and developing new products and services for the Asian market. HKeX has been under pressure to boost earnings ever since it bought...
Singapore-listed Triyards acquires aluminium shipbuilding company
Mainboard-listed Triyards Holdings, an offshore vessel fabrication and engineering solutions provider to the oil and gas industry, said it has added new capabilities, products and clients with its A$23.3 million (S$25.97 million) acquisition of shipbuilding and fabrication companies, Strategic...
Sapa BTG, the top supplier in Vietnam again
Sapa BTG has earned the honor of an award for the second consecutive year for delivering the highest quality aluminium profiles in Vietnam that has been extensively used for building and construction purposes in the country. Vietbuild is the most important event in the building and construction...
New bauxite reserve discovered in Felda could turn settlers into millionaires
The quiet settlement of Felda of Bukit Goh is about to get a windfall making them sudden millionaires, in lieu of the large bauxite deposits found in the area. Rumors of the possibility of bauxite deposits were first heard during the recent Ramadan period but settlers did not reveal anything. Now...
Instacom buying 35% stake of Neata Aluminium for RM58.8m
Instacom Group Bhd has made an offer to buy a 35% stake of Neata Aluminium (Malaysia) Sdn Bhd for RM58mil in an all-share deal as it diversifies into aluminium design and fabrication. Instacom said on Thursday it had signed a conditional share sale agreement with Ooi Eng Kean, Nor Mohd Amin...
Press Metal upbeat about aluminium market
Press Metal Group Bhd’s (Press Metal) chief executive officer Datuk Paul Koon gave reassurance that it was business as usual for the group and the outlook of the aluminium market remains upbeat. RHB Research Institute Sdn Bhd (RHB Research) noted that as Press Metal’s share price plunged from an...
Bullish view on aluminium price recovery proves beneficial for Press Metal
It is the time for Press Metal Bhd (Press Metal) to shine as analysts expect the group to ride on aluminium price recovery and margin expansion in its Manufacturing and Trading (M&T) to drive earnings growth. According to the research arm of Kenanga Investment Bank Bhd (Kenanga Research), it holds...
Atlantis Ltd pulled out its bauxite mining project from Central Highlands due to lengthy approval time
Atlantic Ltd., an Australian mining company, finally exited the Vietnamese market after discovering there highly complicated and time consuming approval process having waited two years researching and awaiting the green signal from the government. They had planned to develop an aluminium supply...
Vinacomin exports over 400,000 tonnes of aluminum
The Lam Dong Aluminum-Bauxite Complex Project of the Vietnam Coal and Mineral Industries Group (Vinacomin) has exported 411,000 tonnes of aluminum since operation began in December 2013. The information was released at a Bauxite Complex Project’s meeting in the central highlands province of Lam...
Q2 Bullish results pushes Press Metal's stock higher
Press Metal Bhd's shares rose 15 sen to RM6.25 as at 10.15 am following its bullish second quarter results posted Tuesday. The aluminium products producer's second quarter pre-tax profit for the period ended June 30, 2014 more than tripled to RM83.58 million from the RM26.85 million registered in...
Press Metal set to gain as LME aluminium prices peak
Press Metal Bhd’s (Press Metal) growth is set to gain stronger traction as London Metal Exchange (LME) aluminium prices consolidate and premiums hit record high. The aluminium company has also been viewed as ‘all geared’ to enjoy the fruit of years of aggressive investments in its world-class low...
Newell Recycling and Blaze Recycling merge
Newell Recycling of Georgia LLC, headquartered in East Point, Georgia, has entered into a definitive merger agreement with the scrap metal recycling firm Blaze Recycling & Metals LLC, Norcross, Georgia. The combined company will be called Newell Recycling Southeast. The deal is subject to customary...
Antam set for first Tayan alumina shipment
State mining company PT Aneka Tambang (Antam) said it would ship its first export of alumina next month from its new factory in Tayan, West Kalimantan. “The factory has been in trial operations for several months,” Antam president director Tato Miraza said on Thursday night as quoted by Antara....
Alba participate in Aluminium China 2014
Aluminium Bahrain (Alba)’s participation in Aluminium China 2014 provides an ideal platform to promote the company globally, and expand its customer base across Asia as well as position Bahrain as an attractive economic destination for international investors. Aluminium China –one of the most...
MARC affirms BBB rating on Press Metal's loan stocks
Malaysian Rating Corporation Bhd (MARC) has affirmed the rating of BBB on Press Metal Bhd's RM320.50mil loan stocks while the rating outlook is maintained at negative. The rating agency said on Thursday the rating involved the integrated aluminium producer's RM320.5mil redeemable convertible...
