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Rusal Said It Is Bullish Prospects for The Aluminium Market and The Price Is Undervalue
Jun 13, 2014Russian 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
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HSBC Said The Global Aluminium Market Is Forecast to Shift to Deficit From Surplus
Apr 30, 2014The 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
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Global Producers of Aluminium Ingots Are Turning Away Yearly Premiums
Dec 21, 2012Reuters 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
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Aluminium Smelters in China Have Agreed on Higher Ratios of Metal Prices Next Year
Dec 20, 2012Reuters reported that Aluminium smelters in China have agreed on higher ratios of metal prices next year to value purchases of the raw material alumina spurred by worries of tighter supply at home. Traders and sources at smelters said ...
Tags: aluminium smelters, metal, Metal Exchange, alumina
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Rio Tinto Alcan Offered Premiums of USD 240 Last Month
Dec 14, 2012Reuters 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
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The Aluminium Sector Is Expected to Witness an Upturn in Prices Sooner Than Later
Nov 28, 2012Gulf Times reported that the aluminium sector which has seen price laggardness due to over production and stock building is expected to witness an upturn in prices sooner than later. Mr Svein Richard Brandtz president & CEO of Hydro ...
Tags: aluminium sector, price laggardness, aluminium price, aluminium market
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