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Metal Bulletin
Dec 4
Comment
Secondary aluminium prices rose on Friday with market participants reporting a pick up in activity from last-minute buyers in December
Market Intelligence Center
Dec 4
Comment
Reliance Steel and Aluminum (NYSE: RS) closed yesterday at $42.37. So far the stock has hit a 52-week low of $16.10 and 52-week high of $44.96. Reliance Steel and Aluminum stock has been showing support around 41.17 and resistance in the 43.67...
Reuters
Dec 4
Comment
Metals analysts said on Friday prices of aluminium could be boosted if the political troubles in Guinea escalated, but added for now the impact was minimal.
Sydney Morning Herald
Dec 4
Comment
Federal Treasurer Wayne Swan says the 150 job losses at aluminium giant Alcoa is further proof the economic stimulus must be maintained.
Resource Investor
Dec 4
Comment
United Co. Rusal, the world’s largest aluminum producer, won’t restart shuttered capacity while demand for the lightweight metal is still recovering.
Business Standard
Dec 3
Comment
The government is likely to offer a mid-way solution to the long pending issue of selling the residual 49 per cent stake in Bharat Aluminium Company (Balco) to Sterlite Industries by way of a fresh valuation by an independent valuer.
Bloomberg
Dec 3
Comment
United Co. Rusal, the world’s largest
aluminum producer, won’t restart shuttered capacity while demand
for the lightweight metal is still recovering, owner and Chief
Executive Officer Oleg Deripaska said.
New York Times
Dec 3
Comment
The agreement could set a precedent for other Russian companies heavily in debt to Western creditors.
Metal Bulletin
Dec 3
Comment
Copper and aluminium rose in early trading on the London Metal Exchange on Thursday, after both contracts settled at new highs for the year in Wednesday’s official session
Resource Investor
Dec 3
Comment
Goldman Sachs said on Thursday it had revised up its forecasts for copper for 2010 because of a tighter supply picture.
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