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US production of aluminium declines in third quarter
Edited by : AL CIRCLE
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The US production of Aluminium declined to 202000 tonnes in the third quarter ending September 2012. The production of Aluminium was marginally lower compared to 216000 tonnes in second quarter this year.
United States Geological Survey (USGS) said that the total Aluminium production was down by 22000 tonnes to 631000 tonnes between first and third quarter of 2012. The production was down from 653000 tonnes in between January-September 2011.
LME Aluminium three month forward was trading at $ 2002 per tonne, compared to $ 2015 per tonne on 27 November 2012. Indian metal futures will remain open for the evening session only due to Gurunanak Jayanti. MCX Aluminium settled at Rs 111.1 per kg, up 0.22%.
United States Geological Survey (USGS) said that the total Aluminium production was down by 22000 tonnes to 631000 tonnes between first and third quarter of 2012. The production was down from 653000 tonnes in between January-September 2011.
LME Aluminium three month forward was trading at $ 2002 per tonne, compared to $ 2015 per tonne on 27 November 2012. Indian metal futures will remain open for the evening session only due to Gurunanak Jayanti. MCX Aluminium settled at Rs 111.1 per kg, up 0.22%.
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