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 sells 20% stake in Press Metal Bintulu to Summit Global Management
Press Metal Bhd is selling 20% of its stake in Press Metal Bintulu Sdn Bhd to Summit Global Management XII. SGM is a 70 per cent owned subsidiary of Sumitomo Corporation. Press Metal reported that the proposed sale of shares will provide an opportunity to realize the value of its investment in...
CRU's 19th World Aluminium Conference to take place in Hong Kong on the 19-20 May, 2014
CRU's 19th World Aluminium Conference will take place on the 19-20 May 2014 at the JW Marriott, Hong Kong. CRU's World Aluminium Conference attracts influential delegates involved in smelting, recycling, rolling, extruding, trade, raw materials, purchasing, technology and finance. The event is...
Cita Mineral awaits go-ahead to resume bauxite shipments
Bauxite miner Cita Mineral Investindo ceased its bauxite ore export activities on Jan. 12, following the mineral ore export ban implemented by the government. Bauxite and nickel miners have been hit the hardest in the wake of Indonesia’s policy initially aimed to ban mineral ore exports. The...
India considers anti-dumping duty on Korean, Chinese & Thai alloy wheels
Indian Government is considering anti-dumping duty on some types of aluminium alloy wheels imported from Thailand, Korea and China to protect domestic manufacturers from cheaper imports. In its initial findings, the Directorate General of Anti-dumping and Allied Duties (DGAD) has recommended import...
Aluminium Bahrain B.S.C.CEO visits customers in Asia
Aluminium Bahrain B.S.C. (Alba)'s Chief Executive Officer, Tim Murray recently visited customers in Asia as part of Alba's drive to improve customer satisfaction as well as expand its customer base across the region. Mr. Murray met with Alba's customers, trade partners as well as employees in the...
Ma’aden poised to deliver Saudi aluminium to the world
The Saudi Mining Company (Ma’aden) today announced that it has concluded several contracts to supply Asian customers with over 300 KMT of primary aluminum throughout 2014, complementing the 50 KMT in supply agreements made with local and Turkey customers. “Today we announce that Ma’aden has arrived...
UACJ Corporation completes acquisition of all shares in Hydro Aluminium Malaysia Sdn. Bhd.
UACJ Corporation issued a press release on October 30, 2013, entitled "Notice of Change of Sub-subsidiary (Through Acquisition of Shares) regarding UACJ Foil Corporation, which is a wholly owned subsidiary of UACJ. UACJ hereby provides notice that the acquisition of shares was conducted as...
Public Investment Bank – The new advisor to Press Metal’s shareholders
Press Metal Bhd has named Public Investment Bank Bhd as independent adviser to non-interested directors and shareholders on a proposed exemption sought by its major shareholder Alpha Milestone Sdn Bhd (AMSB) and persons acting-in-concert (PACs) from the Securities Commission (SC) to overtake the...
Bauxite miners cease operations as Navy intensifies patrols
Bauxite mining contractors and other stakeholders have halted operations in West Kalimantan and Riau Islands, the country’s biggest producers of the ore, as the government effectively banned mineral ore exports on Sunday. Some contractors, however, stopped operating three months ago. Dedy W....
New aluminium Patrol Boats from Lung Teh Shipbuilding
Taiwanese boat builder Lung Teh Shipbuilding (LTS) has recently won the contract to deliver a series of patrol boats to an unspecified government in South East Asia. The first boat in the series will be delivered early 2015. The boats are highly sophisticated having 19m long aluminum hulls equipped...
Aluminium wheels industry to grow at 8.48%
The global automotive aluminium wheels industry will grow at a CAGR of 8.48% over the period 2012-2016, says a new report. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The global automotive aluminium wheels industry has also been...
Showa Denko Group to acquire aluminum can maker in Vietnam
Showa Denko and its wholly owned subsidiary Showa Aluminum Can Corporation (SAC) have reached agreement with major shareholders of Rexam-Hanacans Joint Stock Company (Hanacans), of Vietnam, to acquire 91.75% of shares in the company. Hanacans is manufacturing and selling aluminum beverage cans in...
Indonesia's mining ministry looks to ease mineral export ban
Indonesia's mining ministry on Wednesday sought to ease a looming mineral export ban by proposing a regulation that would allow shipments of some mineral ore concentrates to continue until 2017. However, the proposal, which must be approved by President Susilo Bambang Yudhoyono, does not include...
MARC raises press metal's RCSLS rating to BBB/Negative
MARC has removed the MARCWatch Negative placement on the rating of Press Metal Berhad's (Press Metal) Redeemable Convertible Secured Loan Stock (RCSLS) and concurrently affirmed RCSLS' rating at BBB with a negative outlook. The rating was placed on MARCWatch Negative on July 3, 2013 to enable the...
Alba meets high-level Indonesian delegation
Aluminium Bahrain (Alba) welcomed a high-level delegation from the Indonesian Parliament, which is on a visit to the kingdom to further strengthen business relations and cultural ties between the countries. The eight-member delegation, led by Muhammad SohibulIman, Deputy Speaker of the Indonesian...
Aluminium Recycling helps villagers earn living at Binh Yen, Vietnam, despite environment hazards
It is said that about 1 tonne of untreated waste and 500 cubic metres of wastewater were discharged daily into the Nam Thanh Commune's Binh Yen Village. Over the past five years, some 269 of 570 households in the village have been engaged into the process of recycling aluminum, mainly from beer...
Malaysian delegation shines at Building Materials and Malaysia Services Exhibition in Christchurch, New Zealand
The Malaysian delegation to Specialised Marketing Mission on Building Materials and Malaysia Services Exhibition in Christchurch has generated sales of RM192.95 million. Among the products that contributed to the sales were pre-fabricated building products, aluminium extrusions, plumbing products,...
Marubeni sees 2014 LME aluminium prices rising, at 1,950-$2,300/T in Q4
Japanese trading house Marubeni Corp expects London Metal Exchange (LME) aluminium prices to gradually rise next year to as high as $2,300 a tonne in the fourth quarter, on the back of strong demand in Asia and active financial deals. "We have more bullish views for 2014 than some financial...
