The global aluminium market has seen a remarkable improvement in its fundamental outlook, Bank of America Merrill Lynch said in a research note Thursday. "The improvement in market balances has perhaps been most outstanding for aluminium, ...
Tags: Aluminium, aluminium market
Russian aluminum producer Rusal said Monday that it is bullish on the near term prospects for the aluminium market and believes that the price is undervalued. "A number of influential factors that have emerged in recent weeks cause the ...
Tags: Aluminum Market, raw materials
The global aluminium market is forecast to shift to deficit from surplus this year, HSBC said Monday in its Metals Quarterly report for the second quarter of 2014. "The acceleration of cuts and deferrals in markets outside China has ...
Tags: Aluminium Market, aluminium
CME Group, the Chicago-based derivatives exchange, plans to launch an aluminum contract that will compete with the London Metal Exchange's product. CME, the world's largest futures exchange, is responding to a "key need to execute with ...
Tags: steel, Construction
One of Bike Europe's business relations mailed us the two disclosure documents after we published last Thursday that the European Commission's Directorate-General (DG) for Trade is keeping the lid on its findings in three investigations; ...
Tags: Anti-Dumping Duty, China Imports, bike
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
The aluminium scrap and recycling market in the GCC was estimated at 292,281 metric tonnes in 2010 and is expected to reach 593,434 metric tonnes in 2017 at a compound annual growth rate of 10.6%. The aluminium recycling market is at a ...
Tags: aluminium scrap, aluminium scrap recycling market, aluminium, metal
UC RUSAL the world’s largest aluminium producer, announced the signing of the Annex to the Agreement with the Republic of Guinea specifying details of the development of Dian-Dian, the world’s largest bauxite deposit, with the ...
Tags: aluminium, Annex, Republic of Guinea, company news
For a country with one of the largest reserves of natural resources in the world,the transformational potential of India's resources sector is immense.The sector has the potential to add USD 1 trillion to the Indian economy that can ...
Tags: economy, natural resource, greenfield exploration, poverty, India
Business Standard reported that state owned aluminium maker National Aluminium Co Ltd which cut up to 8%capacity last year,will shut more over the next fortnight. Mr BL Bagra director finance of Nalco said that"We are looking to shut down ...
Tags: aluminium maker, National Aluminium Co Ltd, Nalco, aluminium market
Business Standard reported that the INR15,000 crore aluminium plant's joint venture between Gujarat Mineral Development Corporation and Nalco is progressing at a snail pace due to various issues including red tape. It is finally expected to ...
Tags: crore aluminium, Nalco, Gujarat Mineral Development Corporation
Reuters reported that Global producers of aluminium ingots are turning away yearly premiums in favour of quarterly pricing for 2013 term shipments to Asia to take advantage of spot premiums that scaled records this year. Traders said that ...
Tags: aluminium makers, aluminium ingots, aluminium, Metal
Reuters reported that Japanese buyers have agreed an aluminium premium of USD 240 per tonne with Rio Tinto Alcan for some January to March shipments down from a record USD 254 to USD 255 PREM ALUM JP in the previous quarter. Sources ...
Tags: aluminium, Japanese buyer, aluminium price, aluminium market
The premier trade event of the UAE’s aluminium industry, the 16th Arab International Aluminium Conference (ARABAL 2012) was held at the Grand Hyatt Doha, Qatar from 20 to 22 November. The conference, taking place under the patronage ...
Tags: UAE's aluminium industry, ARABAL, aluminium conference
Reuters reported that Hydro is focusing its Capital Markets Day 2012 on the improvement efforts being made throughout the company, aiming to create a global leader in aluminium. Hydro is expecting world aluminium demand outside China of 2% ...
Tags: aluminium extrudé, extruded aluminium, aluminium profile