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Aluminium Automobiles

66% and counting: China leads aluminium extrusions as India’s demand nears 858,000 tonnes
Downstream
The centre of gravity of the global aluminium extrusion market is increasingly difficult to locate anywhere but Asia. China already sits at a scale that no other extrusion-producing country approaches. AL Circle's The World of Aluminium Extrusions – Industry Forecast to 2030 estimated China's aluminium extrusion usage at 20.94 million tonnes in 2023, against global consumption of approximately 31.5 million tonnes. That means, roughly two out of every three tonnes of aluminium extrusions consu ...
Mercedes-Benz adopts Hydro CIRCAL with 75% recycled aluminium for next-gen EVs
Recycled AL
Mercedes-Benz and Norsk Hydro have solidified their long-term partnership to accelerate the use of recycled aluminium across Europe. The initiative reinforces the automotive industry’s decarbonisation goals while reinforcing regional supply chains, thereby taking the EU a step closer to the Net Zero goals. As part of the expanded collaboration, Mercedes-Benz will become the first European automaker to use Hydro CIRCAL in serial production for its next generation of large electric vehicles (EV ...

Downstream
The US Federal Reserve has kept the interest rates unchanged, keeping the benchmark federal funds rate at 3.50-3.75 per cent for the fourth consecutive meeting. The decision, approved unanimously in a 12-0 vote by the Federal Open Market Committee (FOMC), was widely expected by financial markets and keeps the benchmark rate at its lowest level since November 2022. At first glance, the decision appears to be a routine policy hold. But for the aluminium industry, it offers a clearer picture o ...
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