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66% and counting: China leads aluminium extrusions as India’s demand nears 858,000 tonnes

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 ...

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US Fed keeps interest rates 1.75% higher than its target: What it means for the aluminium industry

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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Exploring diverse usages of aluminium in modern lifestyles

Opening up new avenues in the arena of interior and exterior designing and offering a host of innovative sustainable solutions for home-builders, architects and consultants, a new concept was introduced by Alumex, the market leader in the Sri Lankan aluminium industry, to Sri Lanka in the form of a dedicated space for exploring diverse usages of aluminium in modern lifestyles. Paving the path for Sri Lankans to enjoy a trend-setting experience, this new endeavor, the ALUM Transcend Space has ...

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