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Metals and Mining Aluminum Producers

  • JOHANNESBURG, Aug 9- LME copper and aluminum rose to 2-1/ 2 year highs on Wednesday on expectations of output cuts in across many commodities in top producer China during the winter. CHINA CUTS: China's Shandong province has ordered 3.21 million tonnes of aluminum smelting capacity to be shut in the world's top producer of the metal, more than previously expected,...

  • WASHINGTON, Aug 8- The U.S. Commerce Department said on Tuesday it made a preliminary finding that imports of aluminum foil from China are subsidized, and it imposed countervailing duties ranging from 16.56 percent to 80.97 percent. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, Commerce Department figures show.

  • MELBOURNE, Aug 9- Shanghai aluminum and copper roared to the highest in around five years on Wednesday as investors flooded into metals on expectations of capacity cuts in coal and aluminum in China. *Shanghai aluminum traded up 5.2 percent, having struck the highest in five years at 16,330 yuan a tonne in the overnight session. *China's Shandong province has...

  • LONDON, Aug 8- Aluminium hit a 2-1/ 2 year peak above $2,000 a tonne on Tuesday, lifted by growing concerns over supply cuts in top producer China and an upbeat assessment of China's demand growth prospects. China's Shandong province has ordered 3.21 million tonnes of smelting capacity to be shut, more than previously expected, as Beijing intensifies efforts to...

  • LONDON, Aug 8- Aluminium hit a 2-1/ 2 year peak on Tuesday, lifted by growing concerns over supply cuts in top producer China and an upbeat assessment of China's demand growth prospects. China's Shandong province has ordered 3.21 million tonnes of smelting capacity to be shut, more than previously expected, as Beijing intensifies efforts to curb pollution in its...

  • SYDNEY, Aug 8- Shanghai aluminium futures jumped more than 3 percent in a robust start to base metals trading on Tuesday, lifted by hefty gains in steel-related futures in China. *ALUMINIUM: The most traded aluminium contract on the Shanghai Futures Exchange was up 3.4 percent to 15,550 yuan by 0149 GMT, the highest price in more than 4 -1/ 2 years.

  • SYDNEY, Aug 8- Shanghai aluminum futures jumped more than 3 percent in a robust start to base metals trading on Tuesday, lifted by hefty gains in steel-related futures in China. *ALUMINIUM: The most traded aluminum contract on the Shanghai Futures Exchange was up 3.4 percent to 15,550 yuan by 0149 GMT, the highest price in more than 4 -1/ 2 years. *LME ALUMINIUM:...

  • Aug 4- Hong Kong stocks inched up on Friday to post their fourth consecutive week of gains, helped by a robust rally in resources and financial firms. State-run Aluminum Corp of China, the country's largest aluminium producer, has gained 6.3 percent for the week and surged nearly 60 percent in 2017 amid China's crackdown on its bloated aluminium industry.

  • *China aluminium output underestimated- analysts. LONDON, Aug 2- Aluminium prices rose on Wednesday on buying from investors expecting capacity cuts in top producer China, but analysts say supplies may not fall significantly as any cuts could be offset by new capacity. "Many producers in China are upgrading their production facilities."

  • *But coal-reliant China raising aluminium output sharply. Operators of smelters powered by hydro-electricity in the likes of Norway, Russia and Canada are promoting their environmental credentials- and stealing a march on others that rely on coal or gas, notably in China and the Gulf. Nearly 200 countries have agreed to set targets for limiting CO2 emissions...

  • *But coal-reliant China raising aluminum output sharply. Operators of smelters powered by hydro-electricity in the likes of Norway, Russia and Canada are promoting their environmental credentials- and stealing a march on others that rely on coal or gas, notably in China and the Gulf. Nearly 200 countries have agreed to set targets for limiting CO2 emissions...

  • *China aluminum output underestimated- analysts. LONDON, Aug 2- Aluminum prices rose on Wednesday on buying from investors expecting capacity cuts in top producer China, but analysts say supplies may not fall significantly as any cuts could be offset by new capacity. "Many producers in China are upgrading their production facilities."

  • Aug 2- Hong Kong shares rose for a third straight session on Wednesday, as investors continued to chase mainland financials and materials firms. The stock has surged over 60 percent this year, as the state-owned aluminium giant is expected to benefit from China's supply-side reforms. China's largest contract chipmaker Semiconductor Manufacturing...

  • LONDON, July 28- It's all about China. In the case of aluminum, however, China's influence on the global supply chain is double-edged. As well as being the biggest user of aluminum, China is by some margin the largest producer, accounting for over 50 percent of global output.

  • LONDON, July 28- It's all about China. In the case of aluminium, however, China's influence on the global supply chain is double-edged. As well as being the biggest user of aluminium, China is by some margin the largest producer, accounting for over 50 percent of global output.

  • LONDON, July 28- It's all about China. In the case of aluminium, however, China's influence on the global supply chain is double-edged. As well as being the biggest user of aluminium, China is by some margin the largest producer, accounting for over 50 percent of global output.

  • LONDON, July 28- It's all about China. In the case of aluminum, however, China's influence on the global supply chain is double-edged. As well as being the biggest user of aluminum, China is by some margin the largest producer, accounting for over 50 percent of global output.

  • Japan aluminum exports to U.S. make up about 10 pct of total. *Japan also concerned about China's surplus aluminum capacity. "Direct impact to Japan may be limited given the small portion of its exports that go to the U.S. market, but a possible battle among many other nations to exclude imports would be the biggest threat to free trade," Mitsuru Okada, the new chairman...

  • Japan aluminium exports to U.S. make up about 10 pct of total. *Japan also concerned about China's surplus aluminium capacity. "Direct impact to Japan may be limited given the small portion of its exports that go to the U.S. market, but a possible battle among many other nations to exclude imports would be the biggest threat to free trade," Mitsuru Okada, the new...

  • *Adjusted EBIT NOK 2.9 bln vs forecast NOK 3.0 bln. OSLO, July 25- Overall profit growth at Norsk Hydro was overshadowed on Tuesday by below-forecast performances from several businesses including rolled products, knocking the aluminum producer's shares. Norsk Hydro's stock was down 3.04 percent at 1201 GMT, lagging an Oslo benchmark index, and CEO Svein...