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 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
China's Shandong Chiping Xinfa Group has raised the aluminum production capacity at its Xinjiang smelter by 550,000 mt/year, or 69%, to 1.35 million mt/year as planned in early April, a company source said Tuesday. The prevailing weak ...
Tags: aluminum, aluminum market
Norsk Hydro, one of the world's largest aluminum producers expects global aluminum demand will rise over the next decade. It will increase capital expenditures by about 40% to equipment next year. Impact of the global economic downturn ...
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
Equity research firm Cowen and Company reduced its Century Aluminum price target to $10 from $13 due to changes in the aluminum futures curve, the company said in a statement Tuesday. The company also said it assumed Q4 2013 and fiscal year ...
Tags: Aluminum Price, Cowen