China continues destocking, coupled with recovering peak-season demand; aluminium prices are expected to consolidate at highs with an upward bias next week
1. Macro perspective The US-Iran conflict escalated sharply. On September 9, Iran's Revolutionary Guard struck multiple oil tankers and merchant vessels in the Strait of Hormuz, causing a significant drop in strait traffic. Brent crude broke through USD 100 per bbl, closing at USD 101.21, while WTI...
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...
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<em>Aluminum demand</em> outlook uncertain so production cuts continue <b>...</b>
Sep 17, 2009 ... On the other hand, Brandtzaeg believes production of primary aluminum everywhere but China still is higher than actual demand and there's ...
Issue of commercial paper | Reuters
Aug 10, 2009 ... and downstream aluminium business; changes in availability and cost of energy and raw materials; global supply and demand for aluminium and aluminium ...
Brazil August <em>primary aluminum</em> output down 9 pct | Markets <b>...</b>
Sep 25, 2009 ... SAO PAULO, Sept 25 (Reuters) - Brazil's primary aluminum output fell 9 percent in August to 129400 tonnes, compared to the 142200 tonnes ...
Chinese Metals Market Still Hunger-China <em>Aluminium</em> Network
Sep 25, 2009 ... Imports of primary aluminum reduce 11% to 117213 tons. ... "Overall, the market is facing a weak demand situation after half a year's over ...
Steel Guru : Major <em>aluminum</em> market developments in September
Oct 12, 2009 ... Pencil ingot price movement in major places on Oct 9 ... September 21 - Daily average primary aluminium output rose to 63000 tonnes in ...
<em>Aluminum</em> Holding up as Physical Supply is Tighter than Massive <b>...</b>
Oct 12, 2009 ... According to a Reuters article, primary aluminum consumption is running at 38.3m tons ... nervous banks and a depressed aluminum price . ...
Alcoa sees world <em>aluminum</em> use improving in second half - 2009-10 <b>...</b>
Oct 8, 2009 ... Alcoa's earnings report says that realized prices increased to 89??/lb for primary aluminum in the third quarter, as opposed to the world ...
U.S. Markets Wrap: Stocks, Dollar, Treasuries, Gold Increase <b>...</b>
Oct 7, 2009 ... Alcoa Inc., the largest aluminum producer, climbed 2.2 percent. ... of nine of the Federal Reserve's 18 primary dealers that underwrote the sale. ... The price of the 3.625 percent security due August 2019 rose 22/32, ...
Asian Stocks Climb on Australian Jobs Report, Alcoa Earnings <b>...</b>
Oct 8, 2009 ... The seven-month stock rally has lifted the average price of stocks in ... Alumina , Alcoa's partner in the world's biggest producer of the ...
Alcoa sees aluminum demand picking up in second half
Oct 7, 2009...While Alcoa Inc (AA.N) executives expect aluminum markets to remain sluggish for 2009, they do expect an 11 percent increase in demand growth for the second half...
Chinese Metals Market Still Hunger-China <em>Aluminium</em> Network
Sep 25, 2009 ... Imports of primary aluminum reduce 11% to 117213 tons. ... "Overall, the market is facing a weak demand situation after half a year's over ...
Weird times for <em>alumina</em> as <em>prices</em> reflect two markets - Metal Bulletin
Sep 28, 2009 ... Alumina prices widened significantly on Friday, as Atlantic material sold far higher than that of Pacific origin due to market tightness, ...
Al 2010 contract negotiations start slowly as consumers wait for cheaper premiums
Sep 18, 2009...Aluminium contract negotiations for next year made a slow start at MB’s 24th International Aluminium Conference this week with the market worried that consumers will risk waiting for lower spot premiums over securing metal...
(AMM) Aluminum mart on slow but steady path to recovery, execs say
Sep 15, 2009...One full year after the bankruptcy of Lehman Brothers Inc. tipped the global economy into a tailspin, the aluminum market is making tentative but tangible steps toward recovery, according to analysts and producers.
AMM <em>Aluminum</em> mart upbeat despite negative stats - Metal Bulletin
Sep 10, 2009 ... An index of net new orders for aluminum mill products fell in August compared with July, suggesting that bolstered demand earlier in the summer may have ... U.S. primary aluminum production also declined in August, ...
AMM <em>Aluminum</em> mart upbeat despite negative stats - Metal Bulletin
Sep 10, 2009 ... An index of net new orders for aluminum mill products fell in August compared ... Scrap & Secondary · Price Book New · LME Real-Time New ...
AMM <em>Aluminum</em> mart upbeat despite negative stats - Metal Bulletin
Sep 10, 2009 ... An index of net new orders for aluminum mill products fell in August compared with July, suggesting that bolstered demand earlier in the summer may have ... U.S. primary aluminum production also declined in August, ...
Is a Surge in Chinese Aluminum Semi Exports an Indicator of Rising Global Demand?
Aug 21, 2009...he aluminum flat rolled products market is appearing to go its own sweet way...
