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Metals and Mining Aluminum Producers

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminum in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminium in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • LONDON, July 14- Aluminum traded flat on Friday after marking its biggest one day increase in nearly three months in the prior session, as investors reassessed concerns over capacity cuts in top producer China. An industry association said last month China will launch a crackdown to curb the illegal expansion of aluminum capacity and Chinese media on Thursday...

  • MELBOURNE, July 14- London copper and aluminum were marking time near recent highs on Friday, underpinned by encouraging economic reports from China and the prospect of aluminum production cuts. *SHFE COPPER: Shanghai Futures Exchange copper slipped 0.3 percent to 47,160 yuan a tonne. *OTHER METALS: Zinc and lead fell by around half a percent in London and by about...

  • MELBOURNE, July 14- London copper and aluminium were marking time near recent highs on Friday, underpinned by encouraging economic reports from China and the prospect of aluminium production cuts. *SHFE COPPER: Shanghai Futures Exchange copper slipped 0.3 percent to 47,160 yuan a tonne. *OTHER METALS: Zinc and lead fell by around half a percent in London and by...

  • LONDON, July 13- Alcoa is bringing one of its U.S. aluminum smelters back from the dead. The Warrick smelter in Indiana has annual capacity of 269,000 tonnes, its own coal-based power source and is integrated with a rolling mill. But now, miraculously, Warrick is back and Alcoa will fire up three of the plant's five production lines, with capacity of 161,400 tonnes of...

  • LONDON, July 13- Alcoa is bringing one of its U.S. aluminium smelters back from the dead. The Warrick smelter in Indiana has annual capacity of 269,000 tonnes, its own coal-based power source and is integrated with a rolling mill. But now, miraculously, Warrick is back and Alcoa will fire up three of the plant's five production lines, with capacity of 161,400 tonnes of...

  • LONDON, July 13- Aluminium rose nearly 3 percent on Thursday as concerns over potential supply curbs in number one producer China sparked a rally in the metal. Talk that more capacity cuts were on the way in China fed into broader-based concerns over slowing output to push prices higher, analysts said. An industry association said last month that China will...

  • LONDON, July 13- Aluminium rose nearly 3 percent on Thursday as concerns over potential supply curbs in number one producer China sparked a rally in the metal. Talk that more capacity cuts were on the way in China fed into broader-based concerns over slowing output to push prices higher, analysts said. An industry association said last month that China will...

  • *Tight local supply keeps material in China. *U.S., China in talks amid metals trade dispute. China, the world's largest aluminium producer, exported 460,000 million tonnes of unwrought aluminium and aluminium products in June, in line with the previous month, according to the data.

  • *Tight local supply keeps material in China. *U.S., China in talks amid metals trade dispute. China, the world's largest aluminum producer, exported 460,000 million tonnes of unwrought aluminum and aluminum products in June, in line with the previous month, according to the data.

  • *Could start talks with China on new Panda bond programme. MOSCOW, July 12- Russia's Rusal has resumed construction of its long-stalled Taishet aluminium smelter project in Siberia in expectation of a widening global aluminium deficit, the company said on Wednesday. The world's second-largest aluminium producer behind China's Hongqiao needs a further $700...

  • *Could start talks with China on new Panda bond program. MOSCOW, July 12- Russia's Rusal has resumed construction of its long-stalled Taishet aluminum smelter project in Siberia in expectation of a widening global aluminum deficit, the company said on Wednesday. The world's second-largest aluminum producer behind China's Hongqiao needs a further $700...

  • LONDON, July 11- Stocks of copper registered with the London Metal Exchange jumped by a net 72,625 tonnes, or 30 percent, in the space of just four days starting June 29. The London aluminum market has grown accustomed to huge tonnages appearing and disappearing in the LME warehouse network. But prior to last December the largest concentrated warranting in the...

  • LONDON, July 7- Aluminium fell on Friday after touching a five-week high in the previous session, hit by profit taking and signs that supply remains robust despite worries about reduced capacity in China. Earlier this year, China ordered steel and aluminium producers in 28 cities to slash output during winter as Beijing intensifies its war on smog, but analysts...

  • Earlier this year, China ordered steel and aluminium producers in 28 cities to slash output during winter as Beijing intensifies its war on smog. "We've always been biased towards the China capacity cuts story, but near term there's loads of aluminium hanging around. *ALUMINIUM: Benchmark aluminium on the London Metal Exchange fell 0.4 percent to $1,936 a tonne...

  • "We are concerned that the buy-side may be too optimistic on the prospects for aluminum and alumina markets to tighten from winter-output restrictions in China from the fourth quarter," UBS said in a note. Aluminum prices had climbed to more than five-week highs on Thursday on the London Metal Exchange as worries about supply from top producer China escalated...

  • LONDON, July 6- Aluminum prices climbed to more than five-week highs on Thursday as worries about supply from top producer China escalated on market talk that local smelters would be forced to shut capacity. Aluminum needs a lot of energy, which in China comes from coal-fired plants. POLLUTION: Earlier this year, China ordered steel and aluminum producers in 28...

  • LONDON, July 6- Aluminum prices climbed to their highest in more than five weeks on Thursday as worries about supplies from top producer China escalated on market talk that local smelters would be forced to shut capacity. "A lot of it is to do with pollution, aluminum needs a lot of energy, which in China comes from coal-fired plants. POLLUTION: Earlier this year, China...

  • LONDON, June 28- Ghana has signed a $10 billion memorandum of understanding with China to develop its bauxite industry, the country's Senior Minister Yaw Osafo-Maafo said on Wednesday. "To develop the bauxite project with its railway and converting bauxite into aluminium we will need about $10 billion... we signed an MOU," Osafo-Maafo told reporters at a...