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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Alba achieves first-half profit growth
Aluminium Bahrain has said that its net profit grew by 7% during the first half of 2013, despite the fact that its sales were largely flat at $1.02bn. The company said that it achieved a 1.9% year-on-year increase in sales volumes, despite a general drop in aluminium prices worldwide. Aluminium...
Noranda Aluminum invests $45 million in New Madrid, Missouri, aluminum smelter plant
Noranda Aluminum Holding Corporation, an aluminum producer, will invest $45 million to significantly expand the footprint of its smelter in New Madrid, Missouri, creating 29 new jobs. "The aluminum smelter here in New Madrid accounts for approximately 13 percent of total U.S. primary aluminum...
Government plans grand design for Kuala Tanjung beyond Inalum
After three decades of business contracts, Indonesia has finally taken a bold stance to fully take over the operation of Indonesia Asahan Aluminium (Inalum), which operates the only aluminum smelter in Southeast Asia from Japanese consortium Nippon Asahan Aluminium (NAA) later this year. The move...
Korean firm looking for Filipino partner for aluminum foil factory
A Korean company that has been exporting to and importing from the Philippines is looking for a Filipino partner to start an aluminum foil manufacturing business in the country. In a statement, the Department of Trade and Industry (DTI) said Thoma T.Y. Shinn, who chairs the Korea Importers'...
Aluminium down by 0.7% on Asian cues
Aluminium futures today fell by 0.74% to INR 106.60 per kg largely in tandem with a weakening trend in base metals overseas after China's manufacturing activity weakened further in July amid low demand at domestic spot markets. At the Multi Commodity Exchange, aluminium prices for delivery in July...
Japan Kyowa Casting's Thai aluminum plant starts regular production
Japanese diecaster Kyowa Casting's first overseas plant in Thailand is producing at a rate of 150 mt/month, 14 months after it was started up in May 2012, company president Tatsuhiro Ii said Tuesday. "The Thai plant when running fully will output 300-400 mt/month. The plant has more room for...
ALUMINIUM CHINA 2013 Global line-up celebrates record attendance
On July 2, ALUMINIUM CHINA, Asia’s leading international aluminium exhibition, opened its gates to a record breaking number of visitors from around the globe at the Shanghai New International Expo Centre. With an unparalleled line up of top brands, influencers and decision makers from 73 countries...
Press Metal aluminum plant could stay shut for 3-6 mths
Press Metal Bhd's aluminum smelting plant in Malaysian Borneo could stay shut for three to six months after a six-hour power outage on June 27, a company official. "We are assessing the impact," the official said on Wednesday. "We still have another plant (in Samalaju) up and running to meet...
MARC lowers rating on Press Metal's loan stocks, MarcWatch Negative
Malaysian Rating Corporation Bhd (MARC) has downgraded its rating on Press Metal Bhd's outstanding RM317.5mil loan stocks with warrants from A- to BBB. The ratings agency said on Wednesday the rating was placed on MARCWatch Negative pending greater clarity on the credit impact from the unexpected...
Press Metal mitigated by insurance, Samalaju ramp-up
Despite Press Metal Bhd’s (Press Metal) Mukah smelting plant being out of commission due to the blackout last week, analysts believe this will not leave much impact for the group in the long term period, partly mitigated by the ramping up of its Samalaju smelter. On Monday, Press Metal announced on...
RHB cuts press metal profit forecast, TP
RHB Research Institute Sdn Bhd has cut its current year profit forecast for PRESS METAL BHD by 14.8%. This is in anticipation of a six-month operation halt which is expected to have a negative impact on the aluminium-processing entity’s earnings. The profit downgrade follows the recent...
Inalum to become 100% state-owned company in November
Indonesian Industry Minister M.S. Hidayat on Monday said the government will fully take over resource company Indonesia Asahan Aluminium, known as Inalum, in November, although negotiations are still ongoing. “It should become 100 percent Indonesian-owned by November 1, though technicalities are...
Vedanta mulls imports to revive Lanjigarh refinery
After exhausting its options to source bauxite from the domestic market, Vedanta Aluminium Ltd (VAL) is mulling importing the raw material to resume operations at its Lanjigarh refinery. The one-million alumina refinery has remained shut since December 5, 2012, on bauxite crunch and VAL has been...
US based Crown Holdings opens aluminium cans production facilities
Crown Holdings has announced the commercialisation of two new Southeast Asian facilities in Nong Khae, Thailand and Da Nang, Vietnam. The Nong Khae facility will begin producing beverage cans on one line in June. Annual production capacity is estimated to be 500m two-piece 33cl aluminium cans. “We...
Russian aluminum alloy prices defy LME fall
Russian AK5M2 aluminum alloy offers were holding at $2,000-2,040/mt CFR Japan Friday, flat day on day, despite falling US scrap prices and lower London Metal Exchange aluminum prices, Japanese buyers said. AK5M2 alloy, or melted scrap aluminum, is used as feedstock for ADC12 secondary aluminum...
Developing countries drive global alumina zirconia oxide abrasives market
The global market for Alumina Zirconia Oxide Abrasives is projected to reach US$202.3 million by 2018, driven by robust industrial activity in the developing countries and the resurgence of key downstream industries. As stated by the new market research report on Alumina Zirconia Oxide Abrasives,...
Ord looks to sell-off bauxite interests
Gold and base metals explorer Ord River on Tuesday announced that it would look to farm-out or divest of its Sarco bauxite and aluminium project, in Laos, in an effort to focus on its gold assets. The miner told shareholders that it was fully focused on becoming a gold producer within the next...
Russia plans to set up aluminum plant in Indonesia
Russia has communicated its desire to construct an aluminum processing plant in Kalimantan and further its investments in Indonesia. A delegation of Russian officials and businesses are expected to visit the archipelago on June 11-12 to look into the plant as well as other investment opportunities,...
