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Aluminum Producers

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  • NEW YORK, Aug 5- Glencore Plc, one of the world's largest mining companies, has asked a U.S. judge to dismiss it as a defendant from nationwide antitrust litigation over the alleged manipulation of aluminum prices.

  • NEW YORK, Aug 5- Glencore Plc, one of the world's largest mining companies, has asked a U.S. judge to dismiss it as a defendant from nationwide antitrust litigation over the alleged manipulation of aluminum prices.

  • Glencore seeks to exit U.S. aluminum price-fixing case Tuesday, 5 Aug 2014 | 10:17 AM ET

    In a Monday night filing with the U.S. District Court in Manhattan, Glencore said it lacks minimal contacts with New York, Michigan and California, where the alleged violations took place, and does not even conduct any business in those states.

  • LONDON, July 31- The aluminum market outside China is set to record its first deficit in nine years in 2015 following production cuts and an Indonesian ore export ban, a turning point that could be the start of a prolonged shortfall as demand recovers.

  • July 24- Investment bank and asset manager Lazard Ltd reported a better-than-expected quarterly profit, as merger and acquisition advisory and asset management fees rose amid an increase in corporate deals. In one of its big deals in the second quarter, Lazard advised jet engine parts maker Firth Rixson on the $2.85 billion sale to aluminum group Alcoa Inc..

  • LONDON/ SYDNEY, July 23- Zinc held near a three-year peak on Wednesday with supply set to tighten while aluminum dipped from multi-month highs but could turn higher again as inventories fall and demand rises. But fundamentally there are questions, "said analyst Dominic Schnider of UBS Wealth Management in Singapore.

  • SYDNEY, July 23- London zinc and aluminum were poised near recent 3- year and 17- month peaks respectively on Wednesday on renewed interest from investors, but given a seasonal slowdown in demand, traders wondered just how much further prices could run.

  • SYDNEY, July 23- London zinc and aluminium were poised near recent 3 year and 17- month peaks respectively on Wednesday on renewed interest from investors, but given a seasonal slowdown in demand, traders wondered just how much further prices could run.

  • Gartman: If you buy anything, buy this Tuesday, 22 Jul 2014 | 3:26 PM ET

    Forget stocks, forget gold, because there is one commodity Dennis Gartman says every investor needs to own: aluminum.

  • But the price gain in the second quarter resulted in capacity that was either idled, or about to be shut, remaining in operation, according to a July 17 report from Beijing- based consultants AZ China. This is despite some 80 percent of Chinese smelters, representing some 20 million tonnes of annual capacity, operating at a theoretical loss, AZ China said.

  • But the price gain in the second quarter resulted in capacity that was either idled, or about to be shut, remaining in operation, according to a July 17 report from Beijing- based consultants AZ China. This is despite some 80 percent of Chinese smelters, representing some 20 million tonnes of annual capacity, operating at a theoretical loss, AZ China said.

  • LONDON, July 21- Zinc and aluminum prices hit their highest in more than a year on Monday as investors sought exposure to commodities with improved fundamentals, but copper's gains were curbed by worries over China's property sector and over a build-up of stocks.

  • LONDON, July 21- Zinc and aluminium prices hit their highest in more than a year as investors sought exposure to commodities with improved fundamentals, but gains in copper were held back by worries over China's property sector and over a build-up of stocks.

  • LONDON, July 17- The legal battle between the London Metal Exchange and Russian aluminum giant Rusal will resume on July 29. There are currently 2,915,100 tonnes of the stuff waiting for a physical delivery slot in the LME warehouse system, most of it at just two locations; Vlissingen in the Netherlands and Detroit in the United States.

  • *China Q2 GDP growth slightly higher than forecast at 7.5 pct. LONDON, July 16- Aluminum touched the highest levels in 16 months on Wednesday after data showed stronger economic growth in top metals consumer China amid producer cutbacks and eroding inventories.

  • *China Q2 GDP growth slightly higher than forecast at 7.5 pct. LONDON, July 16- Aluminium touched the highest levels in 13 months on Wednesday after data showed stronger economic growth in top metals consumer China amid producer cutbacks and eroding inventories. said Grant Sporre, head of metals research at Deutsche Bank.

  • *Could push aluminium price to $2,500 per T- Japan industry body. TOKYO, July 11- Prices for aluminium could climb around a third to as high as $2,500 per tonne if more U.S. automakers start producing vehicles made from the metal, said the new head of Japan's aluminium industry body.

  • *Could push aluminum price to $2,500 per T- Japan industry body. TOKYO, July 11- Prices for aluminum could climb around a third to as high as $2,500 per tonne if more U.S. automakers start producing vehicles made from the metal, said the new head of Japan's aluminum industry body.

  • LONDON, July 9- Zinc steadied on Wednesday but stayed near the previous session's 3- year high as investors held firm to the view that the metal will face shortages due to mine closures and is currently a good proxy for recovering global growth. Copper prices hovered near their highest in almost five months, while aluminum touched a fresh 13- month top.

  • *Alcoa earnings top expectations; stock jumps. Alcoa Inc was one of the S&P 500' s biggest advancers, up 5.7 percent to $15.70 a day after the U.S. aluminum producer reported adjusted second-quarter earnings and revenue that topped Wall Street's forecasts.