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
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
Global aluminum producer Alcoa has offered third-quarter term shipments at a $408/mt premium to London Metal Exchange cash, CIF Japan, Japanese buyers said Thursday. The premium is for primary aluminum ingot to be shipped to Japanese main ...
Tags: aluminum, Japanese market
Russia's Rusal -- the world's largest aluminum producer -- has offered to Japanese buyers, a premium of $405/mt to London Metal Exchange cash, CIF Japan, for third quarter shipments to Japan, market sources said Thursday. The company had ...
Tags: Aluminum, aluminum producer
Russian metallurgical companies do not expect problems with debt refinancing because of the worsening geopolitical situation and the threat of the new sanctions against Russia, according to the results of a survey carried out by Russian ...
Tags: Steelmakers, Evraz
Russia's Rusal produced 883,000 mt of aluminum in the first quarter of 2014, down 12.3% year on year, mainly due to output cuts and mothballed production at certain smelters in Europe and the Urals, the company said Tuesday. Value added ...
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
CJSC Rusal-Armenal Plant, the sole aluminum foil producer in Armenia, increased their production to 25.375 million tons in the first 11 months of 2013, up by 5.2% compared to the same time of last year. The company exported around 80% of ...
Tags: CJSC Rusal-Armenal Plant, increase production, aluminum foil, Armenia
Even as one-fifth of the nation's electrolytic aluminum capacity lies idle, producers are adding new facilities - a combination that will mean a glut of the metal next year and falling prices, industry experts said on Tuesday. "China is ...
Due to high global oversupply and stock, the aluminum prices fell by 1.4% to US$1,748/ton on November 27th, the the lowest since July 2009. Decline in aluminum prices may cause the Jamaican major aluminum producers Rusal and Alcoa to ...
Tags: Jamaican, Economy Damaged, Aluminum Prices
SEOUL, South Korea, Nov. 13, 2013 /PRNewswire/ -- Basic Element, one of Russia's leading diversified business groups, En+ Group, Russia's leading mining, metals and energy group, have signed a Memorandum of Understanding (MoU) with POSCO, a ...
Reportedly, the world's largest aluminum producer, Rusal Company plans to cut its aluminum output in 2014. It's learned that Rusal will cut its output by 647,504 tons in 2014. In March, 2013, Rusal has planned to cut output by 300,000 tons ...
Tags: Aluminum, Metallurgy, Mineral
Mr. Oleg Mukhamedshin, vice president of Rusal, said that the company has put its Boguchansk aluminum production project off into June 2014. Mukhamedshin added that this decision was made by the Board. We expect this project will be put ...
Tags: Aluminum
RUSAL, the world's largest aluminium company released its financial result for the first half of this year. In the first half of this year, RUSAL's sales revenues totaled US$5.2 billion, falling by 8.8% year on year. Meanwhile, it posted ...
Tags: Construction, aluminium
Russian Rusal, the world's largest aluminum producer by output, may delay the start of production at one of its biggest projects, seeking to ease a global glut of the metal. Rusal , led by Russian tycoon Oleg Deripaska, and other big ...
Tags: aluminum producer