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Aluminum Prices
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Novelis Net Sales Increase in Fourth Quarter of Fiscal 2017
May 12, 2017Novelis, 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
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Ball Reports Positive Second Quarter 2016 Results
Aug 10, 2016Ball 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
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Chinese Aluminum: ADC12 Alloy Offers Steady After Recent Fall
Dec 2, 2015Offers 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
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China's Spot Aluminum Alloy ADC12 Offers Track Stable Primary Ingots
Nov 4, 2015Offers 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
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'Too Early' for Additional Shift to Aluminum From Steel in Auto: Aleris CEO
Nov 4, 2015While 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
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Chinese Spot Alumina Price Rangebound Wednesday
Oct 11, 2014The 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
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Higher Aluminum Prices Prompted Chinese Smelters
Sep 30, 2014Higher 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
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China Spot Alumina Price Firmed Another Yuan 20/Mt
Aug 29, 2014The 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
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Chinese Spot Alumina Prices to Edge Higher in Q4
Aug 18, 2014China'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
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Australian Alumina Assessment Decreased $1.50/Mt
Jun 23, 2014Platts 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
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Western Producers' Offers to Japan for Third Quarter Contracts Breached The $400/Mt Level
May 31, 2014Platts 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
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The Platts Australian Alumina Assessment Fell 50 Cents/Mt to $315.50/Mt
May 21, 2014The 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
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The Global Aluminum Market Is Moving Into Its First Annual Deficit in Six Years
May 8, 2014The 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
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Spot Trade of Aluminum Alloy Grade Was Slow, with Consumers Wary of Higher Prices
Apr 29, 2014Spot 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
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Japan's Spot Aluminum Trade Remained Thin Monday
Apr 16, 2014Japan'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
