HONG KONG, Nov 27- China's state stockpiler is considering buying more than 1 million tonnes of aluminum from local smelters as it looks to shore up its embattled metals sector, two Chinese industry sources familiar with the move said on Friday. The State Reserves Bureau did not immediately respond to a request for comment. The purchase of primary aluminum would...» Read More
NEW YORK, June 2- Noranda Aluminum Holding Corp will have to seek a new power supplier or negotiate a new contract with Ameren Corp in five years to keep its Missouri smelter running, the latest obstacle for its only primary aluminum plant. Energy provider Ameren's Missouri division told Noranda last Thursday it will not extend a power contract for its smelter in...
LONDON, June 2- Aluminum premiums have gone into meltdown. In Europe, the premium for duty unpaid aluminum has collapsed from more than $400 per tonne over London Metal Exchange cash at the start of January to less than $100 per tonne last month. In Japan, the opening premium offers for third-quarter shipments are coming in at $130- 160 per tonne, compared with $425 in...
Alcoa is an integral part of consumers' lives whether they know it or not.
11 stocks in the S&P are being punished in the stock market, despite great upside and expected earnings growth. USA TODAY reports.
Klaus Kleinfeld, Alcoa CEO, discusses his company's acquisition of the titanium supplier and its investment in aerospace.
Three commodities are on Dennis Gartman's "buy" list.
Investors should stay away from Brazil amid its presidential election, Dennis Gartman says.
CNBC's Morgan Brennan reports on Alcoa's aggressive expansion into aerospace manufacturing.
The plaintiffs had accused Goldman Sachs, JPMorgan Chase and others of having conspired since May 2009 to drive up aluminum prices by hoarding supply.
Forget stocks, forget gold, because there is one commodity Dennis Gartman says every investor needs to own: aluminum.
Alcoa reported earnings of 18 cents a share, excluding certain items, on revenue of $5.84 billion.
With this acquisition we are adding 20 percent to our aerospace business, says Klaus Kleinfeld, Alcoa chairman & CEO, discussing his company's rapid expansion into the aerospace space.
It's still a bull market says Dennis Gartman, "The Gartman Letter" editor, sharing his thoughts on Tuesday's triple-digit drop in the Dow. I think it's time to be neutral again, says Gartman.
Eivind Kallevik, CFO at Norsk Hydro, says the aluminium sector is in a good position at the moment as demand for the metal outpaces production.
Alcoa Chairman and CEO Klaus Kleinfeld, discusses his company's growth forecasts, as well as the outlook for aerospace.
Alcoa Chairman and CEO Klaus Kleinfeld provides insight into his company's Q1 earnings beat, and whether demand for aluminum is growing.
Alcoa reported quarterly earnings that beat analysts' expectations on Tuesday, but revenue narrowly missed estimates.
Alcoa reported quarterly revenue that beat analysts' expectations on Thursday, but earnings came up short.
Alcoa CEO Klaus Kleinfeld discusses Q4 earnings data just after his company reached a settlement over its bribery scandal. He discusses his continued investments in the automotive and aerospace industries.
Klaus Kleinfeld discusses the company's earnings and revenue, as well as the charges for settling its Mideast bribery scandal. "We're putting it behind us," he says.