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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Aluminium frame-maker expands storage
SUS (Thailand) Co recently completed its warehouse expansion project in the northern province of Lamphun to cope with demand for its aluminium extrusion frames and parts. "Our production is growing at over 20 per cent a year," president Yasuo Ishida said yesterday. Aluminium has been increasingly...
Indonesia re-examines mineral processing requirements
Indonesia's government is re-examining provisions in a mining law that would ban exports of unprocessed metal ores from next year, chief economic minister Hatta Rajasa said on Thursday, asserting that the law must not be breached. A furious debate has erupted over the scheduled export ban, an issue...
Indonesian govt officially takes over Inalum ownership
The Indonesian government today formally took over as owner of aluminium producer PT Indonesia Asahan Aluminium (Inalum), Southeast Asia’s only aluminum smelter, ending the 30-year management by a majority-Japanese consortium. Indonesia and Japan signed the Asahan Project takeover agreement at the...
Inalum output capacity to be doubled
The government has officially taken over PT Indonesia Asahan Aluminium (Inalum) from Nippon Asahan Aluminium Co. Ltd., ending the Japanese consortium’s 30-year contract in Southeast Asia’s largest aluminium smelter. With the takeover, the government aims to double the company’s output capacity. The...
SDK to build aluminum casting plant in Malaysia
Showa Denko K.K. (SDK) has decided to construct an aluminum casting plant in the state of Johor, Malaysia. SDK will start making preparations this year for the construction work, and start volume production at the new plant by the end of 2014. In addition to an integrated aluminum casting/forging...
Indonesian government finalizes takeover of Inalum smelter
November 2013 marks a milestone in the history of Indonesia’s resources industry as the Indonesian government is finalizing the takeover of Inalum, the only aluminum smelter that exists both in Indonesia and Southeast Asia, from its long-time partner, Nippon Asahan Aluminum (NAA). Producing...
Japan physical aluminum premiums may rise in Q1 2014
There is clearly a disconnect between the expectations of sellers and buyers in the current negotiations between Japanese buyers and Western smelters, including UC Rusal, Rio Tinto plc, Alcoa Inc. and BHP Billiton, expected to start this week. Meetings are due to take place to set the first quarter...
Can-One Bhd worth more than market value
Can-One Bhd, which once hogged the limelight when it battled to acquire the 32.9% stake in Kian Joo Can Factory Bhd from the See family, probably warrants investors taking a second look at this packaging company. Being the single largest shareholder, Can-One’s investment is riding high on the rally...
Malaysia’s Press Metal to lift aluminium output by 36% in 2014
Malaysia's biggest aluminium maker, Press Metal Bhd, expects output to rise 36% to 410,000 tonnes next year after restarting one of its two plants, a company executive said today. A subsidiary of Kuala Lumpur-listed Press Metal in June reported the sudden shutdown of its 110,000 tonnes-per-year...
Rusal offers aluminium to Japanese buyers at a premium of $270
Russia's United Company Rusal Plc , the world's biggest aluminium producer, said it had offered January-March shipments of the metal to Japanese buyers at a premium of $270 per tonne, seeking a record high. Japan is Asia's biggest importer of aluminium, and the premiums that it agrees to pay each...
Malaysia’s Press Metal re-opens Mukah aluminium smelter
Malaysian aluminium producer Press Metal Berhad’s 120,000-tpy Mukah smelter has resumed commercial operations, the company announced. Press Metal Sarawak Sdn Bhd (PMS), a subsidiary of Press Metal Berhad, had declared force majeure after it shut its primary aluminium production lines at the Mukah...
Indonesian govt and Japanese firm agree on Inalum price
The government and Japanese shareholders of PT Indonesia Asahan Aluminium (Inalum), which operates Southeast Asia’s only aluminum smelter, have in principal agreed on a provisional price for the firm’s assets and a mechanism for ownership transfer. Coordinating Economic Minister Hatta Rajasa said...
Regional aluminium premiums will fall on LME rules, Novelis ceo says
Regional aluminium premiums should gradually decrease to levels last seen 18 to 24 months ago – or even four to five years ago – due to the new London Metal Exchange warehouse policies, Philip Martens, Novelis chairman and ceo, said. “Over time, I think you will see a moderation of regional...
Japanese firms seek amicable resolution to Inalum dispute
The Japanese owners of Southeast Asia’s only aluminum smelter are seeking an amicable resolution to a dispute with the Indonesian government over its takeover of the plant and are holding off on possible arbitration, Reuters reported. “Our negotiations are still continuing, but both parties think...
Sumitomo Corp. to participate in 2nd phase of aluminium smelters in Malaysia
Sumitomo Corporation (SC) has entered into a share purchase agreement with Press Metal Berhad (PMB) for acquisition of a 20% share in the second phase of the aluminium smelting project in Sarawak, Malaysia (Capacity: 320,000 metric ton per year; Completion: the end of 2013) being developed by PMB...
Govt takeover of Inalum worries employees
The government finally secured approval from the House of Representatives on Wednesday to take over PT Indonesia Asahan Aluminium (Inalum) from Japanese consortium Nippon Asahan Alumunium (NAA) after a pompous political drama. The Jakarta Post’s North Sumatra correspondent Apriadi Gunawan reported...
WIKA Consortium builds alumina plant
Recently, WIKA Consortium with Minister of Energy and Mineral Resources Jero Wacik and Minister of State Owned Enterprises Dahlan Iskan had inaugurated the largest Alumina Processing Plant in South East Asia located in Tayan Sub-district, Sanggau District, Monday (28/10). Capacity Production of...
Hydro agrees to sell Malaysian rolling mill
Hydro has entered into a binding agreement to sell its aluminium rolling mill in Malaysia to Nippon Foil Mfg. Co., Ltd. (NFM), a wholly owned subsidiary of UACJ Corporation, based in Japan. The transaction value is USD 20 million. The aluminium foil plant in Pasir Gudang, Malaysia started...
