Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
Ball reported second quarter 2016 net earnings attributable to the corporation of $369m, or $2.54 per diluted share on sales of $2bn, compared to $160m of net earnings attributable to the corporation, or $1.13 per diluted share, on sales of ...
Tags: Rexam, Metal Beverage Packaging
Offers for Chinese domestic spot aluminum alloy ADC12 held steady after the previous week's fall due to a plunge in the primary aluminum price, sources said Tuesday. Despite the rebound in the primary aluminum price this week, sources ...
Tags: aluminum alloy, ADC12
Offers for Chinese domestic spot aluminum alloy ADC12 were steady after the fall last week on the sharp drop in primary aluminum prices, while trade remained thin as there was no significant change in physical buying interest, sources said ...
Tags: Aluminum Alloy, trade, vehicle sales
While Ford has made inroads into increased usage of aluminum sheet in its vehicles, it is still "too early" to expect additional steel-to-aluminum announcements from other major automakers such as Toyota and General Motors, Sean Stack, CEO ...
Tags: Ford, aluminum sheet, Steel
The spot alumina price in China's Henan was rangebound Wednesday at Yuan 2,860/mt ($465/mt) for 70:30 cash and credit payment terms, unchanged from September 30, as the market returned from an extended break from October 1-7 to celebrate ...
Tags: Spot alumina, Mineral
Higher aluminum prices have prompted some Chinese smelters to abandon production cutbacks and are seen leading to restarts of other plants, chipping away at what was expected to be the first global deficit after years of oversupply. A ...
Tags: Aluminum, physical material, Metal
The Platts China spot alumina price ex-works Henan basis firmed another Yuan 20/mt ($3.24) Thursday to settle at Yuan 2,510/mt for 70:30 cash and credit payment terms, after rising Yuan 20/mt Wednesday from Yuan 2,470/mt Tuesday. Prices ...
Tags: Spot Alumina, Alumina, Metallurgy
China's ex-works Henan spot alumina price closed the week Friday at Yuan 2,470/mt ($401/mt) for 70:30 cash and credit payment terms, unchanged from Thursday and a week ago. Sentiment stayed strong for the near term, and alumina prices ...
Tags: Spot Alumina, Alumina, Mineral
Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...
Tags: Alumina, Qingdao port
Platts Chinese import premiums for Good Western aluminum rose to $330-360/mt CFR plus LME cash Wednesday from $270-280/mt a week earlier as premiums in Europe, the US and Japan remained high. Western producers' offers to Japan for third ...
Tags: Aluminum Import, Import Premiums
The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
The global aluminum market is moving into its first annual deficit in six years as producers look to restructure in response to continued low prices, JP Morgan said in a research note Tuesday. "We expect the global aluminum market will ...
Tags: Aluminum, aluminum market
Spot trade of 226, the main aluminum alloy grade, was slow this week, with consumers wary of higher prices, and partly because of the shorter working week. A number of producers have pushed offers of 226 ingot up to around Eur1,700/mt ...
Tags: Aluminum Alloy, spot market
Japan's spot aluminum trade remained thin Monday, but market sources said the outlook for construction demand was positive and would boost buying interest if London Metal Exchange prices fall below $1,800/mt. The LME three-month aluminum ...
Tags: aluminum, aluminum ingot