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Aluminum Producers

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  • LONDON, June 8- Aluminum prices fell on Monday after data showed Chinese exports of the metal remained strong, highlighting worries about a supply glut on the global market. Some other metals were firmer after a sharp slide in China's total imports of goods boosted hopes for more stimulus in the world's top metals consumer. "The exports of aluminum and aluminum...

  • *China entering seasonally weak period for copper demand. *China aluminium imports to rise due to attractive prices. LONDON, June 4- Copper fell below $6,000 a tonne to a six-week low on Thursday, hurt by signs of lacklustre demand in China, the world's top user of the metal, and on risk aversion in the wider financial and commodity markets.

  • ALCOA SUPPLYING "AEROSPACE-GRADE ALUMINUM" FOR SAMSUNG GALAXY S6 AND S6 EDGE SMARTPHONES.

  • CHICAGO, June 4- Metals company Alcoa Inc said on Thursday it is supplying aerospace-grade aluminum to Samsung Electronics Co Ltd for its Galaxy S6 and S6 edge models, enabling the smartphone maker to produce more durable and sleeker phones. This latest announcement fits New York- based Alcoa's strategy of moving away from costly traditional smelting and...

  • *China entering seasonally weak period for copper demand. *China aluminum imports to rise due to attractive prices. LONDON, June 4- Copper fell below $6,000 a tonne to a six-week low on Thursday, hurt by signs of lackluster demand in China, the world's top user of the metal, and on risk aversion in the wider financial and commodity markets.

  • LONDON, June 3- Aluminum premiums are in meltdown the world over. The London Metal Exchange price of the light metal has followed them lower over recent weeks with the benchmark three-month price now hovering just above one-year lows around the $1,750- per tonne level. The "all-in" price, however, has sunk from December highs of $2,500 per tonne to just $1,900 per...

  • LONDON, June 3- Aluminium premiums are in meltdown the world over. The London Metal Exchange price of the light metal has followed them lower over recent weeks with the benchmark three-month price now hovering just above one-year lows around the $1,750- per tonne level. The "all-in" price, however, has sunk from December highs of $2,500 per tonne to just $1,900 per...

  • 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...

  • *China nickel premiums firm on prospect ShFE lists global brands. *China easing measures seen supporting demand in H2- analyst. LONDON, May 29- Aluminum prices slid on Friday on continued worries about output from China swamping the global market, notching its biggest monthly decline in more than 2-1/ 2 years.

  • ASTANA, May 25- Kazakhstan is seeking loans from China worth around $3 billion to build two new plants to boost copper and aluminium output in the Central Asian nation, Kazakh Deputy Investment and Development Minister Albert Rau told Reuters in an interview. London- listed Kazakh company KAZ Minerals, among the world's major copper producers, announced in...

  • LONDON, May 13- The London Metal Exchange has announced another change in its warehousing rules to force a faster reduction in the load-out queues that have caused so much controversy in the aluminum market. Its new regime of linking load-in to load-out rates, LILO for short, is now in force, albeit after a near one-year delay caused by a failed legal challenge from...

  • DUBAI, May 12- Saudi Arabian Mining Co said a massive smelter run jointly with U.S. group Alcoa, which had experienced few technical glitches on start-up, will produce above its initial capacity target this year. Ma'aden, the Gulf's largest miner, is currently exporting around 70 to 80 percent of the smelter's production, Thomas Walpole, senior vice president,...

  • *China bonded aluminium premiums drop $15 to $230. MELBOURNE, May 12- London copper climbed on Tuesday as the dollar came back off its highs, while investors looked to the second half of the year for a boost to metals demand in China following the latest interest rate cut. A slowdown in China's property sector, a major consumer of metals, has hurt copper demand but...

  • Rusal executive says positive on China market growth Tuesday, 12 May 2015 | 3:05 AM ET

    DUBAI, May 12- Top aluminium producer Rusal is positive about growth in the Chinese market and expects a deficit in other markets to remain through to 2018, a senior executive said on Tuesday. "There is around 1 million tonnes of deficit outside of China," Steve Hodgson, director of sales and marketing at Rusal, told an industry conference in Dubai.

  • May 12- The United Steelworkers union has rejected a pay deal from Century Aluminum for workers at the fourth-largest aluminium smelter in the United States, the local branch said on Tuesday, and a lockout is now set to go ahead. Unionised workers at the Century Aluminum smelter in Hawesville, Kentucky, had voted on Monday on the revised labour deal after...

  • LONDON, April 28- If you don't like the message, you can always shoot the messenger. Premiums are in free fall in both Asia and Europe and looking decidedly wobbly in the United States. Rusal is singing from the same song-sheet as its U.S. peer Alcoa, which led the original calls for the LME to introduce a U.S.-style Commitments of Traders Report and, once it had done so,...

  • LONDON, April 28- Aluminium surged to a 2-1/ 2 month high on Tuesday, pushed up by speculative buying, but some analysts doubted how long the rally could last given expectations of high Chinese exports. "We've seen some pretty strong CTA buying coming in to the market, but certainly the overall fundamental picture still remains relatively soft," said Nicholas...

  • LONDON, April 28- Copper edged up on Tuesday, helped by a weaker dollar, signs of tighter supply and expectations of further economic stimulus in China, which consumes nearly half the world's copper. Copper has been consolidating since hitting near six-year lows in January, as unexpected supply disruptions spurred analysts to cut their 2015 surplus forecasts.

  • LONDON, April 28- If you don't like the message, you can always shoot the messenger. Premiums are in free fall in both Asia and Europe and looking decidedly wobbly in the United States. Rusal is singing from the same song-sheet as its U.S. peer Alcoa, which led the original calls for the LME to introduce a U.S.-style Commitments of Traders Report and, once it had done so,...