The premier trade event of the UAE’s aluminium industry, the 16th Arab International Aluminium Conference (ARABAL 2012) – will be held from 20 to 22 November in Doha Qatar. The conference will be held at the Grand Hyatt Doha, under the patronage of Ministry of Energy and Industry. Looking at the growing demand for automotive […]
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Is automotive aluminium the answer to fuel economy in automobile industry?
With the fuel price rising higher by the day, it has become a mission for the Automakers to keep the weight of cars low and try and improve fuel efficiency of their vehicles. The attempt all around is to increase the use of lightweight aluminium, plastics, polymers and composites in the body and components of […]
Continue readingSesa, Sterlite merger: a new growth chapter in Anil Agarwal’s Vedanta Resources
Notwithstanding unfavorable economic conditions around, there is one company that is still projecting a positive picture in the metal market. The London Stock Exchange-listed, Anil Agarwal’s Vedanta Resources has given a sturdy outlook for commodity markets, despite low aluminium price, a weak Indian rupee and ever increasing cost of production. The company is working on […]
Continue readingNALCO: Facing the threat of dropping aluminium price
Aluminium majors in India like Nalco and Hindalco are under tremendous market pressure due to dropping aluminium price in the London Metal Exchange (LME) and higher production costs. Nalco is taking up a number of strategies to cope with the growing cost and declining price and profit margin. Nalco is the third-largest producer of aluminium […]
Continue readingAluminum Recycling and its Socio-economic Implications
In the present socio economic scenario where the world is buzzing with issues like a soaring global population, increasing carbon emission, higher energy cost and insufficient feedstock, recycling is turning out to be the need of the hour rather than a matter of concern. Fortunately, aluminum is one metal that is 100% recyclable and its […]
Continue readingKuri Kuri shutdown and the threatened Australian aluminium industry
The Norway-based aluminum producer Norsk Hydro has announced the complete closure of its aluminium smelter in Kurri Kurri, Australia; axing the jobs of around 350 workers. According to the reports by Norsk Hydro, it is the low metal prices and an uncertain market outlook combined with a strong Australian dollar that has brought the shutter […]
Continue readingThe aluminum extrusion market and the Voice of Concern from the Middle East
According to TradeArabia News sources, the UAE aluminum extrusion market is estimated to be in excess of 175,000 metric tonnes (MT), about 35 per cent of the total GCC (Gulf Corporation Council) demand and it is growing at a CAGR of 8 to 9 per cent for the time period from 2011-17. Emirates Extrusion Factory […]
Continue readingThe Freefall of Global Aluminium Price
The recent aluminum price trend shows that the global prices of the light grey metal is falling and hovering within a pretty low range. The future price of aluminum looks pretty uncertain, when we observe the trend in LME price chart. LME spot prices have been dipping below $2,000 per metric ton throughout May — […]
Continue readingAluminium Recycling: Saving Energy and Ecosystem
Recycling is an indispensable part of the aluminium industry which is both viable and sensible economically, technically and ecologically. Fortunately Aluminium is one metal that is 100% recyclable and its natural quality does not get affected in the recycling process. Aluminium is widely used in daily life. With the growing use of aluminium beverage cans […]
Continue readingThe wonders of aluminum recycling
Recycling aluminum represents a valuable portion of commodities in the U.S. The industry pumped $77 billion into our economy in 2010 and continues to be the most valuable of recyclable materials. Discovered in the 1820s, aluminum is the most abundant metal on earth. The aluminum can is also unique in that in 60 days a […]
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