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Metals and Mining Aluminum Producers

  • WASHINGTON, April 26- The U.S. Commerce Department launched an investigation on Wednesday to determine whether a flood of aluminum imports from China and elsewhere was compromising U.S. national security, a step that could lead to broad import restrictions on the metal. Commerce Secretary Wilbur Ross said the investigation was similar to one announced last...

  • WASHINGTON, April 26- The U.S. Commerce Department launched an investigation on Wednesday to determine whether a flood of aluminum imports from China and elsewhere was compromising U.S. national security, a step that could lead to broad import restrictions on the metal. Commerce Secretary Wilbur Ross said the investigation was similar to one announced last...

  • WASHINGTON, April 26- The U.S. Commerce Department launched an investigation on Wednesday to determine whether a flood of aluminum imports from China and elsewhere was compromising U.S. national security, a step that could lead to broad import restrictions on the metal. Commerce Secretary Wilbur Ross said the investigation was similar to one announced last...

  • WASHINGTON, April 26- The U.S. Commerce Department on Wednesday launched an investigation to determine whether a flood of aluminum imports from China and elsewhere are compromising U.S. national security, a step that could lead to broad import restrictions on the metal. Commerce Secretary Wilbur Ross said the investigation is similar to one announced last...

  • LONDON/ MOSCOW, April 26- En+ Group, which manages Russian tycoon Oleg Deripaska's aluminium and hydro power businesses, plans to raise $2 billion in an initial public offering in London and Moscow, sources familiar with the deal said. A flotation of 20 to 25 pct of En+ split between the two capitals would value the company at up to $10 billion, a valuation some industry...

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  • LONDON, April 21- Is aluminium the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminium prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • LONDON, April 21- Is aluminum the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminum prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • LONDON, April 21- Is aluminium the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminium prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • LONDON, April 21- Is aluminum the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminum prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • MOSCOW, April 18- En+ Group, which manages Russian tycoon Oleg Deripaska's aluminum and hydro power businesses, reported 2016 adjusted core earnings of $2.3 billion on Tuesday, in its first public disclosure of financial results in two years. "These results reflect positive trends which we have seen continuing into 2017, notably stronger aluminum pricing and...

  • MOSCOW, April 12- China's Fosun International Ltd plans to sign an agreement to buy a stake in Russia's largest gold producer Polyus, Interfax news agency quoted Russian First Deputy Prime Minister Igor Shuvalov as saying on Wednesday. Shuvalov also said that aluminium giant Rusal could soon announce the placement of the second tranche of its Chinese...

  • *China manufacturing expands, but at a slower pace. Specifically for aluminum there is talk about capacity cuts in China because of environmental concerns, "said Bernstein analyst Paul Gait. CHINA ALUMINIUM: China early last month ordered steel and aluminum producers in 28 cities to slash output during the winter months in a bid to curb noxious smog.

  • LONDON, March 31- Japanese aluminum buyers will pay a premium for their second-quarter metal deliveries of $128 per tonne over the London Metal Exchange cash price. This represents a sharp jump from the $95 negotiated for first-quarter shipments. China, after all, is still lifting production and everyone knows that there are huge off-market stocks.

  • LONDON, March 29- Aluminium hit its highest level in nearly two years on Wednesday, supported by optimism that China would carry out plans to cut supply and by a rebound in the oil price. "As long as China follows through with this and takes its environmental concerns seriously, there is potential for aluminium to perform quite well," Nitesh Shah, a commodities...

  • TOKYO, March 29- Japan's aluminium premium for shipments during the April to June quarter has been set at $128 per tonne, up about a third from the quarter before due to higher overseas prices, five sources directly involved in the pricing talks said on Wednesday. Japan is Asia's biggest importer of aluminium and the premiums, which consumers pay to producers on...

  • LONDON, March 23- The political heat is rising in the aluminium market, with a trio of industry bodies calling on the G20 to address global market imbalances resulting from China's burgeoning output. "China's state-sponsored support is contributing to an unsustainable structural overcapacity that will impact growth and contribute to heightened...

  • LONDON, March 23- The political heat is rising in the aluminium market, with a trio of industry bodies calling on the G20 to address global market imbalances resulting from China's burgeoning output. "China's state-sponsored support is contributing to an unsustainable structural overcapacity that will impact growth and contribute to heightened...

  • *China says U.S. should be cautious. The move comes a week before Rex Tillerson makes his maiden trip to China as U.S. "China hopes the U.S.-side will not readily resort to using trade rescue measures," it said.

  • *China says U.S. should be cautious. The move comes a week before Rex Tillerson makes his maiden trip to China as U.S. "China hopes the U.S.-side will not readily resort to using trade rescue measures," it said.