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27 JUNE 2021 AL CIRCLE

Weekly end-user recap: DGTR -India endorses finance ministry to impose anti-dumping duty on aluminium foil imports; Airbus, Magellan Aerospace deal for aluminium and titanium structural wing components supply foster North Wales sites

EDITED BY : RUPANKAR MAJUMDER 3MINS READ

In the global aluminium end-user segment, the week resembled DGTR -India endorsing finance ministry to impose anti-dumping duty on aluminium foil imports from China, Malaysia, Thailand and Indonesia. While in North Wales, Airbus and Magellan Aerospace deal for aluminium and titanium structural wing components supply boosted the site, as the aerospace sector has been considered the worst hit in the pandemic.

Weekly end-user recap

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The South American nation, Peru’s import of aluminium stranded wire during 2019-20 was documented at 17,345 tonnes and the revenue expended for the import remained at $32.04 million.

To know more: https://www.alcircle.com/news/perus-import-of-aluminium-stranded-wire-during-2019-20-signifies-express-growth-3-growth-estimated-for-2021-67668

On 21st June 2021, the three-decades-old Aparna Enterprises Limited, expertise in the building-materials industry in the Indian market announced its plans to invest INR 100 crore towards bracing its aluminium window and door system brand Alteza in the next 4 years.

To know more: https://www.alcircle.com/news/aparna-enterprises-plans-to-invest-inr-100-crores-to-strengthen-its-aluminium-window-and-door-system-brand-alteza-67633

The announcement of a contract extension between Airbus and Magellan Aerospace (UK) is considered as a move that should foster the North Wales sites. The deal will realize the supply of aluminium and titanium structural wing components from Magellan UK’s facilities throughout Europe and India.

To know more: https://www.alcircle.com/news/airbus-magellan-aerospace-deal-for-aluminium-and-titanium-structural-wing-components-supply-foster-north-wales-sites-67636

The Directorate General of Trade Remedies (DGTR) of India has endorsed imposing anti-dumping duty on aluminium foils imports from China, Malaysia, Thailand and Indonesia to counterbalance the dent created to domestic industry from cheaper imports.

To know more: https://www.alcircle.com/news/india-dgtr-endorse-finance-ministry-to-impose-anti-dumping-duty-on-aluminium-foil-imports-67626

The United States-based paint and speciality material supplier PPG is reportedly investing in expanding the capacity of manufacturing coatings at two of its plants in the Netherlands and Poland, in a bid to meet the increasing demand for aluminium and steel cans coatings in the beverage, food, and personal care markets.

To know more: https://www.alcircle.com/news/ppg-to-expand-coatings-manufacturing-capacity-to-help-meet-the-growing-demand-for-aluminium-can-coatings-67631

A few years ago, Coca-Cola Japan floated their regional bottle designs observing the famous landmarks and traditions in major Japanese cities. These elusive aluminium bottles of the coke can be located only in the particular regions they feature, making them fun souvenirs from any trips around Japan.

To know more: https://www.alcircle.com/news/coca-cola-observes-3-festivals-from-northern-japan-in-one-design-appearing-in-aluminium-cans-exclusively-for-tohoku-region-67632

BBVA Research, which is considered as a benchmark for research and economic analysis in different countries in the Americas, Europe and Asia stated that the economy of Argentina after falling 9.9% in 2020, is recovering faster than expected. Nevertheless, the rebound is heterogeneous across sectors. The health situation remains challenging, in 2021 also marked by the mid-term elections in October.

To know more: https://www.alcircle.com/news/argentinas-import-of-aluminium-foil-during-2019-20-displays-nominal-growth-2021-projected-with-minimal-dip-67648

The economic outlook of Switzerland rejuvenates with the ease of pandemic cases. According to the Organisation for Economic Co-operation and Development (OECD), the Swiss gross domestic product (GDP) is expected to grow by 3.2% in 2021, upgraded from 2.2% in the previous forecast.

To know more: https://www.alcircle.com/news/switzerlands-export-of-aluminium-container-during-2019-20-illustrates-a-sharp-rise-9-further-growth-estimated-for-2021-67658

AlCircle Expo 2021

The British fine food maker Potts’ is introducing a duo of Mexican cooking sauces packaged in aluminium beer cans. Potts' cooking sauces, gravies, stocks, pour-over sauces, and dessert sauces are perfect for people who crave products with a distinctively homemade taste and authentic ingredients.

To know more: https://www.alcircle.com/news/british-fine-food-maker-potts-introduces-mexican-cooking-sauce-duo-in-aluminium-beer-cans-67671


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EDITED BY : RUPANKAR MAJUMDER 3MINS READ

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