ADC12 consolidates on a strong note as costs rise and orders see marginal improvement
Aluminium scrap: This week, China's aluminium scrap market price centre edged up alongside primary aluminium. As of September 10, SMM A00 aluminium prices closed at RMB 24,560 per tonne, up RMB 210 per tonne from RMB 24,350 per tonne last Thursday. Domestic aluminium scrap prices followed with...
Aluminium fluoride prices rise on cost support; premium for high-grade supply widens
This week, trading sentiment in China's aluminium fluoride enterprises was moderate, and aluminium fluoride prices continued to rise. As of now, SMM mainstream quotations for aluminium fluoride stand at RMB 11,500-12,300 per tonne; cryolite spot prices firmed, with SMM cryolite quotations at RMB...
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Aluminium likely to remain volatile in first half of 2012
Aluminium is likely to remain volatile in 2012. Intensifying economic concerns, coupled with the euro zone debt woes may keep the metal under pressure in the first half. In the second half, however, the light base metal is set to get support from a possible recovery in manufacturing and...
The Dark Clouds Looming Over Alcoa And Aluminum
Alcoa Inc. (AA), the global leader in the aluminum market, has experienced difficult times despite slight improvements in the past two years. With the housing market crashing in the U.S., many manufacturers of products utilized in new construction, including aluminum, were hurt severely. The...
Shares of Century Aluminum Under Pressure, Down 5.2%
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 5.2% lower to $8.28. The Dow is down 1.1% to 12,170 and the S&P is currently down 1.1% to 1,252. Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the...
2011-2015 Deep Research Report on Global and China High-Purity Alumina Industry
Reportstack, provider of premium market research reports announces the addition of 2011-2015 Deep Research Report on Global and China High-Purity Alumina Industry market report to its offering 2011-2015 Deep Research Report on Global and China High-Purity Alumina Industry was published by...
Shanghai Metals Market Morning Review - 2011/12/28 Aluminum Market
Support from the strong consumer confidence in the US was weakened by mixed manufacturing data. Further more, closely followed Christmas Day and New Year’s Day have kept most investors on the sidelines, thereby depressing transaction volumes. As such, SMM expects LME aluminum to move narrowly...
Nalco's margins to remain under pressure
Despite rupee fall cushioning the revenue decline and expectations of aluminium prices improving, raw material costs may keep a tab on profitability. The Nalco stock has lost over half its value since March 2011 due to declining aluminium prices on account of the global uncertainty, and weak...
Aluminium Product Sales of Huilv Aluminium Reaches 14035 Tons From Jan-Nov
Aluminium product sales of Huilv Aluminium Co.,Ltd reached 14035 tons from January-November this year. Despite the gloomy global economy and fluctuating nonferrous metal price, Huilv Aluminium took effective measures to stimulate its production and sales. It had developed new products to expand...
US aluminum extrusion market sees surprising year-end strength
While the US aluminum extrusion segment is seeing surprising strength at year's end and many remelters are sold out for January, a few market players say they are uncertain how long the upturn will last. Market players said low inventories and more demand from the automotive sector are behind the...
East China Aluminum: Transactions Improve with Downstream Replenishment by Year End
Traded prices of spot aluminum in Shanghai were between RMB 16,000-16,040/mt on Friday, with discounts of RMB 10-50/mt over the SHFE current-month aluminum price. Low-iron aluminum was traded between RMB 16,080-16,090/mt in Shanghai. Traded prices of spot aluminum in Wuxi were between RMB...
ALUMINIUM-Major market developments in November
Aluminium prices lost ground in November and while persistent demand worries will weigh on sentiment, production cuts will limit further declines. "A lot of the industry is under pressure because of these low prices, so there's going to be a lot of support if prices fall further, there's not that...
Aluminium futures marginally up
New Delhi, Dec 23 (PTI) Aluminium futures prices were up by 0.14 per cent today, largely in tune with a firming trend in base metals overseas and pick-up in demand from domestic industrial units. At the Multi Commodity Exchange counter, aluminium for January delivery gained 15 paise, or 0.14 per...
Hulamin - Rand slump a relief
Hulamin shareholders will have greeted the rand’s slump against the US dollar with relief. Though it began too late to benefit results in the six months to June, a weaker rand could provide a long- overdue boost to its second-half results. Rand strength has until recently marred an otherwise strong...
East China Aluminum: Consumption Remains Weak with Prices under Pressure
Traded prices of spot aluminum in Shanghai were between RMB 15,970-16,000/mt on Thursday, with discounts of RMB 0-30/mt over the SHFE current-month aluminum price. Low-iron aluminum was traded between RMB 16,020-16,040/mt in Shanghai. Traded prices of spot aluminum in Wuxi were between RMB...
High-Capacitance Capacitors Lead the Global Aluminum Electrolytic Capacitor Market
The global market for aluminum electrolytic capacitors is expected to hit a value of US$10.4 billion by the year 2017, driven by the rising demand for these products in end-use markets such as energy and environment, and their increasing use in products such as inverters. The lower price of these...
Shanghai Metals Market Morning Review - 2011/12/22 Aluminum Market
While the much more than expected 489 billion euro loan from ECB overnight helped euro rebound, LME aluminum only hit USD 2,019/mt due to surging stocks. Further more, investors’ doubts whether such move can solve the European debt crisis and weaker than expected US existing home sales and euro...
MCX Aluminium may remain range bound for the day
MCX Aluminium is currently traveling around 105.10 (4:03 PM 20th December 2011) after making a low of Rs. 104.5, while volume is drying. Expected volatility may emerge after the data of Building Permits which are going to get released after 7:00 PM today which are anticipated to be marginally...
Aluminium Futures Correct By 13% In 2011
The non volatile nature of Aluminium futures helped it to nullify some of the heavy selling days in the commodities. Still, Aluminium will take home more than 13% losses on benchmark London forwards contract in the year 2011. Demand outlook for 2012 has been dull and the predictions from some of...
East China Aluminum: Low Buying Interest in Spot Market with Year-End Financial Pressure
Traded prices of spot aluminum in Shanghai were between RMB 16,000-16,030/mt on Wednesday, with discounts of RMB 20-50/mt over the SHFE current-month aluminum price. Low-iron aluminum was traded between RMB 16,060-16,080/mt in Shanghai. Traded prices of spot aluminum in Wuxi were between RMB...
