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Aluminum Stockpile Orders Advance on Increase in California
09 JUN 20111MINS

Aluminum Stockpile Orders Advance on Increase in California

Orders to draw aluminum from London Metal Exchange inventories climbed, nearing the highest level in more than 13 years, on an increase in California. Total canceled warrants, as the orders are known, rose 6,775 metric tons to 529,725 tons, daily exchange figures showed. A further increase of 50...

Aluminum Stockpile Orders Advance on Increase in California
09 JUN 20111MINS

Aluminum Stockpile Orders Advance on Increase in California

Orders to draw aluminum from London Metal Exchange inventories climbed, nearing the highest level in more than 13 years, on an increase in California. Total canceled warrants, as the orders are known, rose 6,775 metric tons to 529,725 tons, daily exchange figures showed. A further increase of 50...

Ormet begins restart of alumina refinery in Louisiana
09 JUN 20112MINS

Ormet begins restart of alumina refinery in Louisiana

Reuters reported that US aluminum producer Ormet Corporation has begun to restart its idled alumina refinery in Burnside, La. and expects to be producing the intermediate material for making aluminum metal in the Q4. Mr Mike Tanchuk president and CEO Ormet said that the Burnside alumina refinery...

Rio Alcan still cautious on aluminum outlook
09 JUN 20112MINS

Rio Alcan still cautious on aluminum outlook

Reuters reported that Rio Tinto Alcan sees strong demand for aluminum in all sectors but remains cautious about its medium term outlook because of the high level of the inventories in London Metal Exchange warehouses. Ms Jacynthe Cote CEO of Rio Tinto Alcan said that concerns about European debt,...

Aluminium declines on international market
03 JUN 20112MINS

Aluminium declines on international market

Aluminium yesterday traded with the negative node and settled -0.72% down at 117.5 on thursday after the US Labor Dept announced that the number of application for jobless benefits fell to 422k in the week ending May 28th, but the decline was below expectation. The US Commerce Dept announced that...

Aluminum consumer pinch won't prompt U.S. restarts
21 MAY 20113MINS

Aluminum consumer pinch won't prompt U.S. restarts

Aluminum users in the United States are feeling the pinch from tight availability, but idled smelters there will not be lured out of semi-retirement while stocks of the metal climb and it can be produced more cheaply elsewhere. U.S. Midwest spot aluminum premiums -- which reflect how tight domestic...

Ormet Announces the Restart of Its Burnside, Louisiana Refinery, up to $ 15.7 Million of
17 MAY 20113MINS

Ormet Announces the Restart of Its Burnside, Louisiana Refinery, up to $ 15.7 Million of

Ormet Corporation, a top U.S. producer of aluminum, today announced that it had secured the financing to restart its Burnside, Louisiana alumina refinery. Ormet will spend approximately $50 million to bring Burnside back into operation and create approximately 250 new jobs. The production of...

China's Nanshan to build U.S. aluminium plant-paper
12 MAY 20111MINS

China's Nanshan to build U.S. aluminium plant-paper

Chinese aluminium maker Shandong Nanshan Aluminium plans to build a $161 million aluminium plant in Lafayette, Indiana, the China Daily newspaper reported on Thursday. The plant will start up by June 2012, producing 40,000 tonnes of extrusions annually and employing 150 people within two years,...

EPA Seeks Small Entity Participation on Air Rules for Secondary Aluminum Production Facilities
12 MAY 20111MINS

EPA Seeks Small Entity Participation on Air Rules for Secondary Aluminum Production Facilities

The U.S. Environmental Protection Agency (EPA) is inviting small businesses, governments and not-for-profit organizations to participate as Small Entity Representatives (SERs) for a Small Business Advocacy Review (SBAR) Panel to review risk and technology standards for secondary aluminum production...

BHP Billiton has no plans for Alcoa bid
11 MAY 20111MINS

BHP Billiton has no plans for Alcoa bid

Reuters reported that BHP Billiton was not planning a bid for US aluminum company Alcoa Inc. Mr Jacques Nasser chairman of BHP said at a business lunch when asked about whether that it's just not what we would do. BHP would consider bidding for Alcoa.

 Aluminium prices soar on long lead times
10 MAY 20111MINS

Aluminium prices soar on long lead times

Aluminium premiums shot to record highs this week in the US Midewest, closing in on the 10 cent-per-lb level, as lengthy lead times out of North American warehouses continued to choke off supply flows. Spot prices paid over the London Metal Exchange (LME) climbed to an all-time peak at 9.5 to 9.75...

Barged alumina delays leave smelters on alert
09 MAY 20111MINS

Barged alumina delays leave smelters on alert

Severe flooding along two major Midwest waterways has ground shipments of barged alumina to a halt, forcing five of the country’s largest smelters to consider shipping alternatives and jeopardizing nearly 1.3 million tonnes of annual domestic aluminum capacity. According to market sources, five...

U.S. aluminum extruders applaud ITC vote
05 MAY 20111MINS

U.S. aluminum extruders applaud ITC vote

...The United States International Trade Commission has reached a final determination in its antidumping and countervailing duty investigations of imports of aluminum extrusions from China. Agreeing with U.S. Department of Commerce findings that these products are subsidized and sold in the United...

US to increase tariff duties on China aluminum products
02 MAY 20111MINS

US to increase tariff duties on China aluminum products

...United States International Trade Commission ruled that most of the US aluminum product manufacturer have been damaged by the imported aluminum products from China...

North American aluminum demand rises 6.6% in January-February
19 APR 20111MINS

North American aluminum demand rises 6.6% in January-February

...Aluminum demand in the US and Canada -- shipments by domestic producers plus imports -- totaled an estimated 3.302 billion lb during the first two months of 2011, 6.6% above the same period of 2010, according to preliminary Aluminum Association estimates...

Aluminum price boosts Alcoa ratings
19 APR 20111MINS

Aluminum price boosts Alcoa ratings

...Home > News > United States Aluminum price boosts Alcoa ratings Monday, Apr 18, 2011 ??:3 Trade activity this week showed that Alcoa with its credit rating one step away from junk levels is winning over bond investors by extending its debt maturities and increasing revenue as aluminum prices...

Aluminum price boosts Alcoa ratings
19 APR 20111MINS

Aluminum price boosts Alcoa ratings

...Home > News > United States Aluminum price boosts Alcoa ratings Monday, Apr 18, 2011 ??:3 Trade activity this week showed that Alcoa with its credit rating one step away from junk levels is winning over bond investors by extending its debt maturities and increasing revenue as aluminum prices...

Japan Sumitomo Light-lead group to buy U.S. ARCO Aluminum
05 APR 20111MINS

Japan Sumitomo Light-lead group to buy U.S. ARCO Aluminum

...Sumitomo Light Metal Industries said on Monday it has led a group of Japanese firms in buying U.S.-based ARCO Aluminum from a subsidiary of British oil major BP Plc for $680 million...