Industrial News

Industrial News

• 2011-3-10

  Europe Aluminium Premiums Linger Near Record High

  Premiums for physical aluminium in Europe stayed just below record highs this week as supplies were tightly held, but they failed to breach peaks as high oil prices hurt prospects for global growth and demand was subdued. Premiums for duty-paid metal in Rotterdam this week were at $190-210 a tonne o...

• 2011-3-3

  Aluminium Projects Undeterred by Middle East Unrest

  Fears of escalating political unrest across the Middle East and North Africa will not put off investment in new aluminium projects in the region, industry experts say. Gulf states in particular are expected to become an increasingly important aluminium supply source as new smelters start up and othe...

• 2011-2-25

  US Aluminium Shipments Surge in January

  The Metals Activity Report from the Metals Service Center Institute showed that shipments of steel and aluminum from metals service centers in the United States surged in January. Sequential, month end inventory levels also rose for both metals. January aluminum shipments from US metals service cent...

• 2011-2-25

  Indian Aluminum Futures Marginally Up on Global

  PTI reported that in tight range movements, aluminum traded 0.18% up in futures trading today, tracking firming trend overseas amid pick up in spot demand.At the Multi Commodity Exchange, aluminum for delivery in February gained 20 paise or 0.18% to INR 114.30 per kilogram with a business turnover o...

• 2011-1-12

  China Copper Demand in 2011 May be Less than Expected

  A report by Scotia Capital's key strategy adviser on China, and reported by Bloomberg, notes that China State Grid Corporation - the country's largest electricity company and thus its largest copper consumer with around 13% of total copper consumption, is only planning an 11% increase in fixed asse...

• 2011-1-5

  Aluminium Futures Down 0.44 pct

  Aluminium futures prices traded 0.44 per cent lower at Rs 112.65 per kg on Wednesday, in tandem with a weakening trend at the London Metal Exchange （LME）. Stronger dollar reduced appeal for metals and other commodities. At the Multi Commodity Exchange counter, aluminium for delivery in February fell...

• 2010-12-20

  Emerging Markets Help Ease Aluminum Supply & Demand Concerns

  Aluminum prices have been up for the better half of a month fuelled by a weak US dollar and a recent declaration by the Federal Reserve to buy $600 billion of Treasuries. A recent report from that Australian Bureau of Agricultural Resource and Economics predicts that aluminum prices should surge eve...

• 2010-12-5

  Japan Flat Rolled Aluminum Production in October up by 5pct MoM

  According to data of Japan’s Ministry of Economy, Trade and Industry, Japan's flat rolled aluminum production in October has increased by 5.2% MoM to 108,746 tonnes and rose by 11% YoY. At the same time, the delivery volume of flat rolled aluminum in October was 102,807 tonnes increased by...

• 2010-10-10

  North American Aluminum Shipments in August up by 7pct MoM

  Aluminum Association data showed that demand for North American semi fabricated aluminum mill products rose by 7.9% MoM in August 2010 from July 2010 and jumped by 10.9% YoY from August 2009. The Aluminum Association said in its latest Aluminum Situation report that shipments increased to an estimat...

• 2010-9-28

  Abee Japan Introduce Its First Aluminum Jacket for iPhone 4.

  Abee is the Japanese equivalent to Lian-Lee when it comes to aluminum case. Unfortunately not as famous overseas than the Taiwanese manufacturer, Abee always comes with stunning product at an attractive price for a Japanese made product. Today however, Abee comes to us today with its first all alumi...

• 2010-9-25

  Cheaper Aluminium is also Expected to Impact Indian Smelters

  GLOBAL aluminium prices have recovered from their recent lows. But the recovery may be short-lived given the availability of low-cost aluminium from smelters in the West Asia. Cheaper aluminium is also expected to impact Indian smelters including Hindalco and Nalco. Production capacity has increased...

• 2010-9-19

  Jupiter to Pay More than $600,000 in Fines

  Hammond's Jupiter Aluminum Corp. will pay $664,000 in a settlement over disputed technical violations of a federal consent decree, according to federal court filings last week. The consent decree stemmed from a Clean Air Act civil suit, and Jupiter Aluminum had been challenging the Environmental Pro...

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