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Metals and Mining Aluminum Producers

  • *Adjusted EBIT NOK 2.9 bln vs forecast NOK 3.0 bln. OSLO, July 25- Aluminum producer Norsk Hydro met forecasts with a jump in second-quarter underlying profit on Tuesday and said sanctions imposed on Qatar had had a limited effect on its activities there. Norsk Hydro and Qatar Petroleum co-own the Qatalum smelter where shipments were disrupted last month as a...

  • SYDNEY, July 21- A weak dollar helped lift copper prices above $6,000 a tonne in Asian trading on Friday, erasing an overnight dip and setting the stage for a strong start to the London market. *SHANGHAI COPPER: The most-traded copper contract on the Shanghai Futures Exchange ended 0.52 percent firmer at 48,000 yuan a tonne. *ALUMINIUM OUTPUT UP: Daily average...

  • *SHANGHAI COPPER: The most-traded copper contract on the Shanghai Futures Exchange opened 0.2 percent firmer at 47,790 yuan a tonne. *ALUMINIUM OUTPUT UP: Daily average primary aluminium output excluding China rose to 70,300 tonnes in June, from 70,000 tonnes in May, data from the International Aluminium Institute showed. *STEEL TALKS: Seeking a more positive...

  • FOOTHILL RANCH, Calif. _ Kaiser Aluminum Corp. on Wednesday reported second-quarter profit of $4.7 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Three analysts surveyed by Zacks expected $347.7 million.

  • LONDON, July 18- Zinc prices fell back on Tuesday amidst profit-taking and producer selling, but copper and other base metals gained on worries about supply shortages. I suspect there was some producer selling coming in on copper, zinc and possibly aluminium, "said Robin Bhar, head of metals research at Societe Generale in London. ZINC: Benchmark LME zinc closed...

  • *China's aluminum output at record high in June. LONDON, July 17- Copper prices hit 4-1/ 2- month highs on Monday as a combination of better than expected economic data from top consumer China and a weak dollar helped reinforce expectations of strong demand. CHINA DATA: China's economy grew 6.9 percent in the second quarter on a year ago, faster than expected.

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminum in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminium in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • LONDON, July 14- Aluminum traded flat on Friday after marking its biggest one day increase in nearly three months in the prior session, as investors reassessed concerns over capacity cuts in top producer China. An industry association said last month China will launch a crackdown to curb the illegal expansion of aluminum capacity and Chinese media on Thursday...

  • MELBOURNE, July 14- London copper and aluminum were marking time near recent highs on Friday, underpinned by encouraging economic reports from China and the prospect of aluminum production cuts. *SHFE COPPER: Shanghai Futures Exchange copper slipped 0.3 percent to 47,160 yuan a tonne. *OTHER METALS: Zinc and lead fell by around half a percent in London and by about...

  • MELBOURNE, July 14- London copper and aluminium were marking time near recent highs on Friday, underpinned by encouraging economic reports from China and the prospect of aluminium production cuts. *SHFE COPPER: Shanghai Futures Exchange copper slipped 0.3 percent to 47,160 yuan a tonne. *OTHER METALS: Zinc and lead fell by around half a percent in London and by...

  • LONDON, July 13- Alcoa is bringing one of its U.S. aluminium smelters back from the dead. The Warrick smelter in Indiana has annual capacity of 269,000 tonnes, its own coal-based power source and is integrated with a rolling mill. But now, miraculously, Warrick is back and Alcoa will fire up three of the plant's five production lines, with capacity of 161,400 tonnes of...

  • LONDON, July 13- Alcoa is bringing one of its U.S. aluminum smelters back from the dead. The Warrick smelter in Indiana has annual capacity of 269,000 tonnes, its own coal-based power source and is integrated with a rolling mill. But now, miraculously, Warrick is back and Alcoa will fire up three of the plant's five production lines, with capacity of 161,400 tonnes of...

  • LONDON, July 13- Aluminium rose nearly 3 percent on Thursday as concerns over potential supply curbs in number one producer China sparked a rally in the metal. Talk that more capacity cuts were on the way in China fed into broader-based concerns over slowing output to push prices higher, analysts said. An industry association said last month that China will...

  • LONDON, July 13- Aluminium rose nearly 3 percent on Thursday as concerns over potential supply curbs in number one producer China sparked a rally in the metal. Talk that more capacity cuts were on the way in China fed into broader-based concerns over slowing output to push prices higher, analysts said. An industry association said last month that China will...

  • *Tight local supply keeps material in China. *U.S., China in talks amid metals trade dispute. China, the world's largest aluminium producer, exported 460,000 million tonnes of unwrought aluminium and aluminium products in June, in line with the previous month, according to the data.

  • *Tight local supply keeps material in China. *U.S., China in talks amid metals trade dispute. China, the world's largest aluminum producer, exported 460,000 million tonnes of unwrought aluminum and aluminum products in June, in line with the previous month, according to the data.

  • *Could start talks with China on new Panda bond programme. MOSCOW, July 12- Russia's Rusal has resumed construction of its long-stalled Taishet aluminium smelter project in Siberia in expectation of a widening global aluminium deficit, the company said on Wednesday. The world's second-largest aluminium producer behind China's Hongqiao needs a further $700...

  • *Could start talks with China on new Panda bond program. MOSCOW, July 12- Russia's Rusal has resumed construction of its long-stalled Taishet aluminum smelter project in Siberia in expectation of a widening global aluminum deficit, the company said on Wednesday. The world's second-largest aluminum producer behind China's Hongqiao needs a further $700...

  • LONDON, July 11- Stocks of copper registered with the London Metal Exchange jumped by a net 72,625 tonnes, or 30 percent, in the space of just four days starting June 29. The London aluminum market has grown accustomed to huge tonnages appearing and disappearing in the LME warehouse network. But prior to last December the largest concentrated warranting in the...