Global Aluminum Systems Market worth USD 213.7 billion by 2026 | Key Players Aluminium Bahrain (Alba), Aditya Birla Management Corporation Pvt. Ltd., Emirates Global Aluminium PJSC and China Hongqiao Group Limited

The global aluminum systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aluminum systems market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Global Aluminum Systems Market is expected to rise from its initial estimated value of USD 134.1 billion in 2018 to an estimated value of USD 213.7 billion by 2026, registering a CAGR of 6% in the forecast period of 2019-2026. This rise of market value can be attributed to the rising technological advancements in the market.

Aluminum Systems market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. This report has been prepared by considering various steps for collecting, recording and analysing market data. Aluminum Systems market report covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. It also delivers list of the leading competitors and provides the insights about strategic industry analysis of the key factors influencing the Chemical and Materials industry. The Aluminum Systems market report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.

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US aluminium production increases 42% YoY in February; secondary recovery declines 7%

According to the latest report from US Geological Survey, US domestic primary aluminium production stood at 87,000 tonnes in February 2019. The average daily production was 3,100 tonnes, up 42 per cent Year-on-Year. Primary aluminium production increased slightly from January and 54 per cent from February 2017.

Total aluminium recovered from scrap was 271,000 tonnes in February, 7 per cent lower than the revised amount in February 2018. This was down 7 per cent less than the revised amount in January and 9 per cent less than the amount in February 2017.

Of this, 152,000 tonnes of aluminium was recovered from new scrap and 119,000 tonnes was recovered from old scrap.

Primary aluminium inventories in LME-approved warehouses in the United States stood at 44,175 tonnes at the end of February. Inventories of secondary aluminium (North American Secondary Aluminium Alloy Contract) also dropped to 121,700 tonnes at the end of February.

The average U.S. market price of primary aluminium ingot increased slightly in February from that in January to $1.04 per pound.

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Aluminum Association releases a policy roadmap for a sustainable and competitive U.S. Aluminum Industry

On May 7, the Aluminum Association released a new policy roadmap called “The Aluminum Agenda” for a sustainable and competitive U.S. Aluminum Industry. The agenda includes principles and policy goals for a U.S. aluminium industry in the 21st century.

The document prepared in consultation with the aluminium companies covering the entire value chain has listed down five key areas for the future growth and investment in the U.S. aluminium sector.

  1. Trade: Negotiation with China to discuss aluminium overcapacity, elimination of trade restrictions for countries that abide by the trade rules and implementation of trade enforcement for others.
  2. Environment: Development of common sense and science-based environmental regulation for air and water quality, chemical reporting and fuel economy standards for vehicles.
  3. Infrastructure: Encourage public and private funding and enact reforms to enhance the use of sustainable materials to help build up the nation’s critical infrastructure.
  4. Energy: Ensure access to reliable, affordable and efficient domestic energy sources.
  5. Workforce: Promote policies to enable the recruitment of a skilled and diverse workforce and improve workplace health and safety.

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Top five aluminium rolling mills in the world

Currently Aluminium flat rolled products accounts for about 32% of the global aluminium usage followed by extrusions at 31%, castings at 22% and wire rods at 8%.  Flat rolled products demand will continue to grow driven by substitution trend in transport and growth in packaging driven by can stock and foil in emerging markets. Aluminium FRP demand for cars is expected to grow from 1.5 million tonnes in 2018 to 3.5 million tonnes a year in 2025. That indicates the growing significance of rolling mills and more and more investments happening in Greenfield and Brownfield projects. Leveraging on the growing demand from automakers for aluminium sheet in Body-in White applications, the top aluminium downstream producers have invested heavily on rolling expansions.  We are listing here the top five rolling mills based on their estimated current capacity.

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Global Aluminum Sheet and Plate Market 2019 – Alcoa, Kaiser Aluminum, Rio Tinto Alcan, Sapa Group, Mandel Metals, Alaskan Copper

The market research report of the global “Aluminum Sheet and Plate Market” is a fundamental study carried out by the experts with a perspective of the global market. It gets to the details of competing structure of industries worldwide. Composed by using proficient standardized tools like S.W.O.T Analysis, the global Aluminum Sheet and Plate market research report provides thorough judgment of the global Aluminum Sheet and Plate market.

The global Aluminum Sheet and Plate market research report provides complete estimation of CAGR of the concerned period in percentages which will guide the users to take choice-based decisions over the predicted chart. The major players [Alcoa, Kaiser Aluminum, Rio Tinto Alcan, Sapa Group, Mandel Metals, Alaskan Copper, Liaoning Zhongwang Group, AAG(Asia Alum Group), Shandong Nanshan Aluminum, JMA Aluminum, Southern Aluminum Industry, Alnan, Xingfa Aluminum Holdings, Guangdong Fenglu Aluminium Company, Guangdong Weiye Group] who are leading the Aluminum Sheet and Plate market throughout the globe are also covered in the report.

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The Future of Foundries is Aluminum

In order to meet the requirements of the growing world market for complex aluminum castings, aluminum-specific systems must interact harmoniously. Italpresse Gauss demonstrates the advantages of high-pressure and sand casting.

Until recently, aluminum was the most valuable substance in the world. Today, aluminum is the most popular metal after steel, so global consumption is expected to rise to 120 million tonnes by 2025. This demand is changing the face of the world’s foundries.

World aluminum production grew by 6 % in 2017. In addition to the automotive industry, the aerospace, mechanical engineering and packaging industries are the main drivers.

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Global Metal Waste and Recycling Market 2019 – Iron, Copper, Aluminum, Lead

The Global Metal Waste and Recycling Market report signifies an in-depth and thorough study of Metal Waste and Recycling market. It also provides the size of market by carrying out the valuation in the constrained time period. The major players dominating the market are focused upon throughout the report by analyzing their revenue, their business summary, product segmentation along with the latest developments. The analysis of the market is carried out on the basis of 2 factors: revenue (in US dollars) and volume (in metric tons). As per the world economic growth rate of the past four years, market size is estimated from 247000.0 million $ in 2014 to 288000.0 million $ in 2018. The Metal Waste and Recycling Market is expected to exceed more than US$ 331000.0 million by 2023 at a CAGR of xx% in the given forecast period.

This market report offers a comprehensive analysis of the Global Metal Waste and Recycling market. This report focused on market past and present growth globally. Furthermore, each section in this report includes expert insights that will help to address the problem areas experienced in supply chain issues. To make the report easy to understand, the study features graphics, charts, and infographics.

This report similarly comprises of the bifurcation of the Metal Waste and Recycling Market by the type of product, its end-users, applications, and others . Moreover, Metal Waste and Recycling Market report gives an arrangement regard to the Market’s components, by pinpointing a couple of edges including limitations, regard chain, utilization foundation, and client affirmation. The Metal Waste and Recycling Market report is assembled of direct experiences isolated from the emotional and quantitative assessment by Market agents, competition between them, strategies, Marketing, production, research, and development. Moreover, Metal Waste and Recycling Market report addresses a methodical appraisal of macroeconomic markers, parent market inclines and developed components together with the Metal Waste and Recycling Market.

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Aluminum Association: Imports of Chinese Aluminum Foil Down 64% from 2017-2018

The Aluminum Association Trade Enforcement Working Group filed a petition requesting relief from imports of Chinese aluminum foil in May 2017. Almost one year later, the U.S. Department of Commerce issued anti-dumping and countervailing duty orders on aluminum foil from China ranging from 55-176%.

Since then, according to an Aluminum Association white paper released Tuesday titled “Targeted Trade Enforcement in Action: Aluminum Foil AD/CVD One Year Later,” imports of Chinese aluminum foil have fallen significantly.

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Beijing Blasts Shandong Government For Failures In Limiting Runaway Aluminium Capacity

Citing an ongoing failure to rein in aluminium overproduction and the associated use of coal to fire said production, the People’s Republic of China’s Ministry of Ecology and Environment eviscerated local officials in Shandong province for their ongoing failure to enforce environmental policies designed to battle the country’s continuing air-quality problems.

Shandong is the home of the lion’s share of China’s aluminium production, making it ground zero for Beijing’s efforts at scaling back the country’s massive smog problem. However, despite setting air-quality targets for seven of the province’s cities last winter, only one city met the target set for it.

In addition to failing to meet guidelines, Beijing officials say their counterparts in the provincial and local governments actively thwarted efforts at cleaning up production via deception and cover-up. Despite receiving orders to limit the province’s total aluminium production to 4 million metric tons two years ago, Beijing says the Shandong government’s “choices” and “adaptations” of national policy mandates led to runaway capacity, ultimately topping out at over three times the mandated production limit.

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LME closed the week lower at 1843.50 per tonne; a weak dollar likely to give support to both LME and SHFE today

The US dollar index slipped on Friday as the euro rose sharply. LME base metals traded higher across the board on Friday April 12. LME aluminium advanced about 0.3% and SHFE aluminium popped 0.1%.

LME closed the week lower at 1843.50 per tonne on Friday. As the US dollar weakened, three-month LME aluminium rallied from a month-low of US$1,846 per tonne on Friday, and closed 0.3% higher at US$1,864 per tonne. The trading level of LME aluminium remained below all moving averages. Weak fundamentals are likely to cap upside room in LME aluminium, which is expected to trade at US$1,850-1,880 per tonne today.

As on April 12, LME aluminium cash (bid) price stood at US$ 1843 per tonne, LME official settlement price stands at US$ 1843.50 per tonne; 3-months bid price stands at US$ 1864 per tonne, 3-months offer price is US$ 1865 per tonne; Dec 20 bid price stands at US$ 1995 per tonne, and Dec 20 offer price stands at US$ 2000 per tonne.

The LME aluminium opening stock dropped to 1081975 tonnes. Live Warrants totalled at 692650 tonnes, and Cancelled Warrants were 389325 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1862 per tonne.

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