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Novelis expects rolled aluminum demand to grow
25 AUG 20111MINS

Novelis expects rolled aluminum demand to grow

Demand for Novelis Inc's [NVLX.UL] aluminum products is growing globally, with consumption ranging from very strong in Asia to up -- if a bit less than forecast -- in the United States, despite some investors' fears that the economy may be slipping into recession. In a recent interview, Chief...

BHP Billiton posts record profit
25 AUG 20111MINS

BHP Billiton posts record profit

BHP Billiton posted a record US$24bn profit and it forecast strong demand for its commodities. The world's largest miner by market value delivered a net profit result of US$23.64bn – up 85.9% from the year before. BHP said it expected robust demand for commodities in the short and medium term, but...

Novelis expects rolled aluminum demand to grow
25 AUG 20111MINS

Novelis expects rolled aluminum demand to grow

Demand for Novelis Inc's [NVLX.UL] aluminum products is growing globally, with consumption ranging from very strong in Asia to up -- if a bit less than forecast -- in the United States, despite some investors' fears that the economy may be slipping into recession. In a recent interview, Chief...

Japan Aluminum Association to increase aluminum demand to 7 million tonnes in 2035
24 AUG 20111MINS

Japan Aluminum Association to increase aluminum demand to 7 million tonnes in 2035

Mr Masateru Yoshihara president of Furukawa Sky Aluminum Corporation and chairman of Japan Aluminum Association said that the Japanese aluminum demand increased by near 10% to about 3.91million tonnes in fiscal 2010 ended March 2011 from fiscal 2009 due to stimulus package while the demand isn't...

Japan Aluminum Association to increase aluminum demand to 7 million tonnes in 2035
22 AUG 20111MINS

Japan Aluminum Association to increase aluminum demand to 7 million tonnes in 2035

Mr Masateru Yoshihara president of Furukawa Sky Aluminum Corporation and chairman of Japan Aluminum Association said that the Japanese aluminum demand increased by near 10% to about 3.91million tonnes in fiscal 2010 ended March 2011 from fiscal 2009 due to stimulus package while the demand isn't...

SMM Aluminum Price Forecast (Aug. 15-19)
16 AUG 20112MINS

SMM Aluminum Price Forecast (Aug. 15-19)

Last week, SHFE aluminum prices fell initially, but rebounded later in the week. SHFE 1110 aluminum contract prices fell continuously early in the week to RMB 16,425/mt given bearish market sentiment, but later rallied to the 60-day moving average, supported by low spot aluminum inventories and...

Aluminum Demand in China Set to Double Over Decade, XinRen Says
16 AUG 20111MINS

Aluminum Demand in China Set to Double Over Decade, XinRen Says

Aluminum demand in China, the world’s largest consumer and producer, will more than double over the next decade, eliminating a local surplus and boosting prices, according to XinRen Aluminum Holdings Ltd. (XAH)

Report: European primary aluminium production to grow at a CAGR of 8% between 2011-2013
12 AUG 20111MINS

Report: European primary aluminium production to grow at a CAGR of 8% between 2011-2013

Aluminium is experiencing an increasing success in diverse industrial sectors including automotive, building, and packaging. The increasing demand, both from professional and private consumers, demonstrates the utility of aluminium in everyday life and the increasing importance of the aluminium...

Asia Commodity Day Ahead: Gold Futures Surge to Record as Haven
09 AUG 20111MINS

Asia Commodity Day Ahead: Gold Futures Surge to Record as Haven

Aluminum to Jump 20% in London, Chasing China: Chart of the Day Aluminum will advance 20 percent in London trade, catching up with its valuation in Shanghai, after the gap between the two markets widened to the most in eight months, according to research company Harbor Intelligence. Aluminum...

SMM Aluminum Price Forecast
08 AUG 20112MINS

SMM Aluminum Price Forecast

SHFE aluminum prices climbed at first but fell later last week, with prices falling by over 4%. Aluminum was still the best performer of base metals in the SHFE market, with SHFE aluminum making gains in early week trading and with SHFE 1110 aluminum contract prices hitting a high of RMB 18,645/mt....

Aluminum to outperform copper
08 AUG 20111MINS

Aluminum to outperform copper

Deutsche Bank looks for Aluminium to outperform copper. Overall, the base-metals complex is lower for the year to date due to European debt fears and U.S. macroeconomic data, the bank says. The “one area of hope” for Copper and aluminum is much demand is driven by China, particularly public-sector...

Research and Markets: Aluminium Pipes and Tubes - Canada - 2011 Report Features Forecasts and Future Outlook of the Market Till 2016
05 AUG 20111MINS

Research and Markets: Aluminium Pipes and Tubes - Canada - 2011 Report Features Forecasts and Future Outlook of the Market Till 2016

Research and Markets has announced the addition of the "Aluminium Pipes and Tubes - Canada" report to their offering. This market analysis gives an overview of the actual situation, trends and future outlook of the market for aluminium pipes and tubes in Canada. The market analysis provides...

Europe Aluminium Industry Poised With Growth
05 AUG 20111MINS

Europe Aluminium Industry Poised With Growth

According to our new research report, “European Aluminium Market Analysis”, Europe has emerged as one of the world’s largest manufacturing base for the aluminium industry owing to large production capacities across the European countries. In 2010, Europe remained the second major producer of...

Domestic Annual Electrolytic Aluminum Output will reach 18 Million Tons
05 AUG 20111MINS

Domestic Annual Electrolytic Aluminum Output will reach 18 Million Tons

The Department of Public Letter estimated on its official website that domestic electrolytic aluminum would reach 18 million tons up by 13% in the corresponding period previous year. Some uncertain factors such as high area electricity price may also affect electrolytic aluminum output.

Short term weakness in aluminum, followed by strength
04 AUG 20111MINS

Short term weakness in aluminum, followed by strength

Harbor Intelligence anticipates price weakness for aluminum in the short term, but “substantial” upward pressure afterward. Prices rose in July, supported by good physical demand, plus recovering demand for secondary Aluminium from the global auto sector, Harbor says. Funds built slight long...

Chinese non ferrous sector to grow by 10pct in 2011
03 AUG 20111MINS

Chinese non ferrous sector to grow by 10pct in 2011

China’s Ministry of Industry and Information Technology said that output of ten major nonferrous metals copper, aluminium, zinc, lead, nickel, tin, mercury, magnesium, titanium and antimony was expected to rise about 10% this year.

Europe Aluminium Industry Poised with Growth
02 AUG 20111MINS

Europe Aluminium Industry Poised with Growth

According to our new research report, "European Aluminium Market Analysis", Europe has emerged as one of the world's largest manufacturing base for the aluminium industry owing to large production capacities across the European countries. In 2010, Europe remained the second major producer of...

Metalico Inc announces Q3 market outlook and update
02 AUG 20111MINS

Metalico Inc announces Q3 market outlook and update

Demand for copper and other red metals, along with aluminum and stainless steel, is expected to remain firm aided by stronger second half economic activity and resilient commodity prices. Aluminum De ox: Demand for aluminum de ox should remain unchanged, but higher supply of product in the...