India’s Primary Aluminium Imports Rose 24 Percent In April – October, With More On The Way
Trade tensions between the United States and the People’s Republic of China helped boost primary aluminium imports to India by...
Archive for January 2019
Alba Concludes Second Tranche Of ECA Financing For Line 6 Expansion Project
Aluminium Bahrain B.S.C. (Alba) announced on Sunday the closure of the last installment of the second tranche of Export Credit Agency (ECA) financing for Alba’s Line 6 Expansion Project. Per the firm, the second tranche consists of a ten-year, US$136-million Export Development...
HARBOR’s 12th Aluminum Outlook Summit
Venue: Radisson Blu Aqua Hotel, Chicago Website: http://www.harboraluminumsummit.com Registration Link: http://www.harboraluminum.com/aluminum-outlook-conference-onlineregistration/ Contact information: Patricia Martinez, mailto: [email protected] Phone: +1 (512) 640-3674 Summit’s Description: HARBOR’s 12th Aluminum...
Audi Celebrates Five Years Of Lightweight Aluminium And Steel Component Production At Münchsmünster Plant
German automaker Audi AG is marking five years of production at its Münchsmünster facility, which has been producing diecast aluminium...
Events
End To Sanctions On Rusal A Boon To Armenian Aluminium Supplier
Easing of sanctions upon Russian Federation aluminium giant U.C. Rusal will be a boon to an aluminium mill that provides financial security to thousands of Armenian families, explained a spokesperson for the Armenian National Committee of America (ANCA) after last week’s vote in the United States Senate against prolonging such sanctions. In a press release […]
Surviving the Aluminium Bear Market
“Aluminium drops as bears attack, others wait for news on China”, was the headline of a recent Reuters news report on base metals. The piece noted: “Aluminium prices slipped as bearish speculators kept up selling pressure, while other base metals were lacklustre ahead of the conclusion of U.S.-China trade talks”. The overall gloomy economic climate […]
Alumina Production By Rio Tinto Projected To Rise To 8.4 Million Metric Tons In 2019
The new year will see a rise in production of both bauxite and alumina from the world’s largest miner. Such was the news from a production report released by Anglo-Australian mining titan Rio Tinto Group late last week. In 2019 the company expects to produce between 8.1 million and 8.4 million metric tons of the […]
Weak Aluminium Prices Fail To Hinder Record Production By Chinese Smelters In December
Though aluminium prices remained weak, Chinese smelters increased production last month, helping to propel the year’s output into record territory as well as setting a record in its own right. Such was the story told by official numbers released by the government earlier today. Data released by China’s National Bureau of Statistics indicated that the […]
Fastmarkets MB Index To Be Used In New LME Alumina Contract
The new London Metal Exchange alumina contract will be settled in part by using data from the Fastmarkets MB index, with shared weight given to the CRU’s Alumina price index. Per Fastmarkets, the daily FOB Australia alumina index is a suitable choice for the exchange, having moved from a weekly to a daily basis just […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
