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/Images/icons/news-icon.png Primary Aluminium - News
Small surplus in forecast for China aluminium market in 2017 /Images/icons/OpenNewWindowIcon.gif

China's aluminium output in 2017 will grow at 10.3 per cent rate compared to production in 2016, the China Non-Ferrous Metals Industry Association (CNIA) reported. The CNIA data shows there will be a surplus of 230,000 tonnes of aluminium in China market this year unlike in the ...

AlCircle.com
25/Apr/2017
Alcoa reports sequential growth in profits in Q12017 on stronger alumina & aluminium prices /Images/icons/OpenNewWindowIcon.gif

Alcoa Corporation has reported first quarter 2017 results and the company reports sequential growth in profits on stronger alumina and aluminium pricing and a solid cash position. Alcoa reports a net income of $225 million and an adjusted net income of $117 million. Adjusted E ...

AlCircle.com
25/Apr/2017
LME aluminium may find support at US$1931; SHFE aluminium moves in a tight range /Images/icons/OpenNewWindowIcon.gif

LME aluminium prices are fluctuating in a very narrow range. The light metal contract which closed at US$1,932.50 per tonne on Friday, April 21, dropped 0.23 per cent to end at US$1,928 per tonne on the first trading day of the week. Reuters' analysis has it that LME aluminium ma ...

AlCircle.com
25/Apr/2017
RUSAL’s Q1 2017 aluminium sales grow 6.8% QoQ as inventory moves fast /Images/icons/OpenNewWindowIcon.gif

The leading global aluminium producer United Company RUSAL Plc announced its first quarter 2017 operating results on a high note. The company's Q1 2017 aluminium sales totalled 985 thousand tonnes, up 6.8 per cent from the previous quarter. Value added product (VAP3) sales rose b ...

AlCircle.com
24/Apr/2017
Aluminium Bahrain’s Q12017 net income jumps 506 per cent YoY /Images/icons/OpenNewWindowIcon.gif

A global aluminium smelter Alba reported its financial results as per the International Financial Reporting Standards (IFRS) accounting rules. The company said its top-line and bottom-line performance for the first quarter of 2017 was driven primarily by higher LME prices and fav ...

AlCircle.com
24/Apr/2017
LME aluminium poised to regain strength and 'possibly' outshine SHFE aluminium /Images/icons/OpenNewWindowIcon.gif

LME aluminium prices remained fairly unchanged over the weekend. The lightmetal contract closed the week at US$1,932.50 per tonne on Friday, April 21, marginally down by 0.02 per cent from its previous close of US$1,933 per tonne. The US dollar index, which fell on Friday support ...

AlCircle.com
24/Apr/2017
LME aluminium rebounds to stay up, Shanghai aluminium follows suit /Images/icons/OpenNewWindowIcon.gif

LME aluminium finally staged a strong reversal on Thursday's night trading and closed at US$1,933 per tonne, rising 1.95 per cent from its previous close of US$1,895.50 per tonne on Wednesday, April 19. As Reuters finds it, LME aluminium faces a resistance at US$1,955 per tonne a ...

AlCircle.com
21/Apr/2017
Hindalco to retire debt worth INR 6,800 cr this year /Images/icons/OpenNewWindowIcon.gif

Hindalco Industries Limited, the metals flagship firm of the Aditya Birla Group and the world largest aluminium rolling company has been flush with funds after it successfully raised capital from qualified institutional placement (QIP). The company plans to use that fund to reti ...

www.moneycontrol.com
20/Apr/2017
Rio Tinto publishes its Q12017 aluminium production result /Images/icons/OpenNewWindowIcon.gif

Rio Tinto, one of the world's largest metals and mining corporations, has published details of its aluminium production result for the first quarter of 2017. Rio Tinto’s data shows that the company produced 889 thousand tonnes of aluminium in the first quarter of 2017. The ...

AlCircle.com
20/Apr/2017
Global aluminium market in deficit during Jan-Feb 2017: WBMS /Images/icons/OpenNewWindowIcon.gif

According to the latest data published by the World Bureau of Metal Statistics (WBMS), global primary aluminium market ended in a deficit at the end of the first two months of 2017. The deficit during January-February totalled 101,000 tonnes. As per WBMS data, global aluminium ...

AlCircle.com
20/Apr/2017