More Ex-China Aluminium Capacity Needed To Meet Rising Demand: Rio Tinto’s Barrios
Forecasters at Anglo-Australian mining titan Rio Tinto Group see ex-China inventory receding over then next few years as demand continues...
Forecasters at Anglo-Australian mining titan Rio Tinto Group see ex-China inventory receding over then next few years as demand continues...
Aluminium prices sunk to a new low on the year earlier this week due to market concerns that increased tensions...
Aluminium market watchers were baffled on Wednesday after an unknown buyer made a large number of trades on the Shanghai...
Citing the Trump administration’s extension for complying with the sanctions it placed upon U.C. Rusal, Anglo-Swiss mining and trading firm Glencore plc has joined with the Russian miner in petitioning the London Metal Exchange to temporarily lift the suspension on Rusal’s aluminium. Sources revealed to Reuters on Friday that the request had been made, but […]
Despite the blanket tariffs on aluminium imports imposed by the Trump administration, exports of the metal from the People’s Republic of China in April were slightly above the amount shipped in March. According to numbers lately released by China’s General Administration of Customs, 451 thousand metric tons of raw aluminium and aluminium products departed Chinese […]
Planning on overseas supplies of aluminium to become scarce as President Donald Trump’s ten-percent tariffs go into effect, U.S. buyers of the metal have driven premiums to three-year highs. On Friday the cost of immediate delivery of aluminium from warehouse stores rose 11.8 percent on the CME exchange, setting the Midwest Aluminum Premium futures contract […]
A weaker dollar helped propel aluminium to peak above its 50-day and 100-day moving averages on Wednesday, gaining 1.8 percent and closing the day at US$2,177.50 per metric ton. Softness in the greenback motivated increased investments in metals across the board, as investors sought to protect against value erosion explained Societe Generale analyst Robin Bhar. […]
Russian Federation aluminium giant U.C. Rusal released results for the final quarter of 2017 yesterday, showing solid improvements across the majority of its operations in the period. The fourth quarter saw Rusal churn out 944 thousand metric tons of primary aluminium, a 1.4-percent rise over the prior quarter’s total of 931 thousand metric tons. Rusal’s […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...