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Mining Weekly
5 hrs ago
Comment
Russian tycoon Mikhail Prokhorov's Onexim group may increase its stake in UC RUSAL, the world's biggest aluminium producer, to 19,16% from the previously expected 18,5%, a Russian newspaper said on Thursday.
Vedomosti business daily quoted...
Metal Bulletin
Nov 4
Comment
Smelter-grade aluminum scrap is starting to soften, although market participants differ on whether the bearishness has led yet to widespread price changes.
Metal Bulletin
Nov 4
Comment
Rio Tinto Alcan, Montreal, has trimmed its aluminum remelt ingot price to 94 cents per pound and its billet price to $1.06 per pound for November, both down 2 cents. The change reflects a decrease in aluminum demand, which traditionally is weaker...
Metal Bulletin
Nov 4
Comment
Noranda Aluminum Holding Corp. has changed the name of its Jamaican bauxite operation to Noranda Bauxite Ltd. from St. Ann Bauxite Ltd.
Commodity Online
Nov 4
Comment
Hindalco s aluminium business has performed better than its peers such as National Aluminium Company (Nalco) and Sterlite Industries. Hindalco is the lowest cost producer of aluminium in India. However Hindalco by its own standard failed to report...
Commodity Online
Nov 4
Comment
Novelis Hindalco Industries Limited s subsidiary said: Order intake has increased significantly across all major distribution and industrial markets in Europe over recent months. Responsiveness to changing market requirements is more important...
Metal Bulletin
Nov 4
Comment
Secondary aluminium producers in the UK succeeded in improving margins by securing price increases for higher grades of ingot on Wednesday
Market Intelligence Center
Nov 4
Comment
Reliance Steel and Aluminum (NYSE: RS) closed yesterday at $37.43. So far the stock has hit a 52-week low of $12.58 and 52-week high of $44.96. Reliance Steel and Aluminum stock has been showing support around 34.54 and resistance in the 39.40...
Metal Bulletin
Nov 4
Comment
Duty-paid aluminium premiums in Europe edged up on Wednesday as consumers buy hand-to-mouth to cover their needs for the rest of the year.
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