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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Family firm sets sights on Laos
MT Alumet, one of Thailand's leading manufacturers of aluminium extrusions, is beefing up its domestic and global expansion and is set to diversify into mining and drinking water in Laos. Executive director Jainnisa Kuvinichkul says the Thai-owned company is investing 200 million baht to raise...
Japan Aug aluminium shipments at 19-mth low
Japanese shipments of aluminium products fell to their lowest level since January 2010, hit by slowing exports to Southeast Asia and China and a slower-than-expected pick up in domestic demand, an industry group said on Wednesday. The Japan Aluminium Association data showed shipments of Japanese...
Chinalco Ruimin’s High Precision Aluminum Sheet Project Comes into Operation
Chinalco Ruimin’s high precision aluminum sheet project came into operation in Mawei, Fujian. Governor Su Shulin, party secretary and general manager of Chinalco, Xiong Weiping attended the ceremony for production. The project has a total investment of 3.5billion RMB. It is estimated that at the...
Emal targets export deals in Far East, US markets
Emirates Aluminium (Emal) is securing deals in the US and Far East to export its products, but will continue to honour its commitments in the Middle East despite the political turmoil in some countries, its president and chief executive told Gulf News. "Emal doesn't look at the business model for...
Aluminum cable output to increase by 20%
The Indonesian Cable Manufacturers Association (Apkabel) chairman Noval Jamalullail said Monday that aluminum cable production will increase by 20 percent from 150,000 metric tons to 180,000 tons in 2012. He said the first part of the government’s ambitious 10,000 megawatt power plant program,...
Japan's Daiki brings on stream first Indonesian secondary aluminum smelter
Japan's largest secondary aluminum alloy smelter Daiki Aluminium Industry earlier this month started up its first Indonesian plant, which has the capacity to produce 2,500 mt/month of alloys, a company official said Wednesday. Daiki Aluminium Industry Indonesia began production of secondary...
Demand for Aluminum Chemicals in Asia to Increase With Aluminum Metal Demand
Western Asia and Southeast Asia are expected to become the primary drivers for global aluminum demand through 2020, replacing East Asia as China's growth slows due to excessive capacity. Aluminum demand is expected to increase by at least 5% each year. Project investments are beginning to skew...
Novelis Expands Presence in Asia with Opening of Shanghai Office, Appoints Managing Director, Novelis China
Novelis, the world’s largest producer of rolled aluminum, today announced the opening of a new office in the Shanghai World Financial Center to expand the company’s presence in Asia. To lead the company’s business development in China, Novelis has appointed James Liu as Managing Director, Novelis...
ECFA fuels aluminum bike rim manufacturer to expand locally
World leading aluminum bicycle rim manufacturer Alex Global Technology revealed plans to use the cross-strait Economic Cooperation Framework Agreement (ECFA) to build its business empire in Tainan City, southern Taiwan in a special interview with CNA reporters on Sept 1. This company is determined...
Aluminum Fee to Japan Cut as Slowing Recovery Curbs Demand
Aluminum buyers in Japan, Asia’s largest importer, agreed to a 2 percent cut in fees charged by a major producer, the first drop in three quarters, after recovery from the March earthquake and tsunami lost momentum. Premiums for the three months ending Dec. 31 were set at $118 a metric ton over the...
Aluminium producers switch sights to Far East markets
The UAE's two aluminium producers are boosting exports to the Far East and other emerging markets to offset disruptions to Middle East orders caused by unrest. Both Dubai Aluminium (Dubal) and Emirates Aluminium (Emal) have suspended shipments to Syria, an important centre for re-export of the...
Vietnam Alumina Refinery to Sell Material Through Tender
Vietnam's first alumina refinery will sell its material through tenders rather than directly to China's Yunnan Metallurgical Group under a 30-year sales agreement between the two firms, sources at Yunnan and the Vietnamese firm said on Thursday. The 600,000-tonne capacity Tan Rai alumina refinery,...
Alcom plans upgrade to higher-margin products
Aluminium Company of Malaysia Bhd (Alcom) is investing RM16 million to upgrade its factory to churn out products that can fetch higher margins like cap-stock, lacquered foil and composite panels, said managing director Sachin Satpute. Alcom is the largest maker of rolled aluminium products in...
Vietnam to test run 1st alumina plant in Sept -paper
Vietnam will test-run its first alumina refinery, being built by a Chinese firm, next month and production is set to start in late 2011, well behind schedule, a state-run newspaper reported on Friday. The $460 million Tan Rai alumina plant, invested in by Vinacomin, Vietnam's top coal mining group,...
Novelis expects rolled aluminum demand to grow
Demand for Novelis Inc's [NVLX.UL] aluminum products is growing globally, with consumption ranging from very strong in Asia to up -- if a bit less than forecast -- in the United States, despite some investors' fears that the economy may be slipping into recession. In a recent interview, Chief...
Novelis expects rolled aluminum demand to grow
Demand for Novelis Inc's [NVLX.UL] aluminum products is growing globally, with consumption ranging from very strong in Asia to up -- if a bit less than forecast -- in the United States, despite some investors' fears that the economy may be slipping into recession. In a recent interview, Chief...
Giga Solar sees 30% of 1H11 sales from silver aluminum paste
Taiwan-based solar cell conductive paste maker Giga Solar has reported EPS of NT$14.86 (US$0.51) for first-half 2011. Silver aluminum paste accounted for 30% of total revenues and Giga Solar expects the figure to increase to 50%. Silver conductive paste will be the main focus of research and...
Aluminum Use May Have Grown at Double-Digit Rate, Thurtell Says
Aluminum demand in July “appears to have grown at a double-digit annual pace for the third month running,” according to David Thurtell, an analyst at Citigroup Inc. in Singapore. He made his comments by e-mail after the International Aluminium Institute today said production averaged 70,200 metric...
