Japan’s Aluminium Import Premiums Weakest In Two Years, But Spring Rebound Expected
A glut in supply has driven premiums for aluminium shipment to Japan in the current quarter to two-year lows. So...
Australian metals miner South32 Limited released results for the first half of FY 2018-19 on Thursday, turning in production numbers essentially level with previous periods but respectable growth in financial returns. In the fiscal year’s first half the firm reported revenue of...
A glut in supply has driven premiums for aluminium shipment to Japan in the current quarter to two-year lows. So...
Australian metals miner South32 Limited released production results for the first quarter of FY 2019 yesterday, reporting lower outputs at...
South32’s CEO Graham Kerr told the media earlier this week that the time for his firm to negotiate a new...
Norsk Hydro ASA yesterday issued a notice of force majeure to buyers of its bauxite, as a lack of water in the area has prevented Brazilian miner Mineração Rio do Norte (MRN) from delivering sufficient levels of ore to cover its contractual obligations. The firm advised bauxite customers that a drought in the region has […]
Australian metals miner South32 Limited reported results for fiscal year 2017 on Thursday. The firm turned in strong performances across the board over the course of the fiscal year ending on June 30. Revenue for the year totaled US$6,950 million, a 20-percent improvement over last fiscal year’s revenue total of US$5,812 million. The firm turned […]
According to Japanese aluminium buyers who spoke to industry media on Friday, UC Rusal requested of them a rollover of prices offered in the current quarter into this year’s Q3. S&P Global Platts said in an article yesterday that several Japanese buyers received an email from late Thursday requesting the move, retaining the current terms […]
Metal Bulletin held its 23rd Bauxite and Alumina Conference in Miami last week. The gathering brought together major industry participants in a collegial environment to discuss tactics and strategies related to production and consumption of bauxite and alumina. Representatives from over 160 public and private organizations on six continents attended the three-day meeting. More than […]
According to sources in the Japanese market, Russian Federation aluminium major UC Rusal is of the opinion that the second quarter contract premium should be US$125 per metric ton plus London Metal Exchange cash CIF (cost, insurance, and freight) Japan. Such a premium is almost one third above the contract price for the present month […]
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 ...