- TheStreet.comSep 02 02:22 PM
NEW YORK (TheStreet) -- Alcoa shares closed Wednesday's trading session up 1.08% to $9.32 as aluminum consumption is expected to get better, helped by the automotive and packaging industries, according to Zacks Equity Research. Since aluminum is recyclable and doesn't weigh much, the firm added that it's gaining popularity especially in the car market . In addition, demand for aluminum is ...
- Market Realist via Yahoo! FinanceAug 30 03:05 PM
Inventory levels have been falling after hitting ~5.5 million metric tons in mid-2013. The total aluminum inventory fell by 145,550 metric tons in July, while the on-warrant inventory rose by 24,325 metric ...
- BloombergAug 31 11:12 PM
The global currency war that has driven the dollar up almost 20 percent against peers over the past year is changing the aluminum business, according to Norsk Hydro ASA, Europe’s third-largest producer.
- Market Realist via Yahoo! FinanceAug 26 06:07 AM
Spot aluminum prices were trading at $1,554 on August 11—which represents a ~15% fall since the beginning of 2015.
- Market Realist via Yahoo! FinanceAug 28 06:06 AM
Alcoa (AA) expects Chinese aluminum demand to grow 9% year-over-year, or YoY, in 2015. However, China’s real estate industry, which is among the major aluminum consumers, is in a slump.
- Benzinga via Yahoo! FinanceAug 28 06:07 AM
Century Aluminum Co (NASDAQ: CENX ) shares jumped 24 percent on August 27, after having declined steadily through the year. Deutsche Bank’s Jorge Beristain, maintained a Buy rating on the company, while ...
- Market Realist via Yahoo! FinanceAug 26 04:10 AM
In July, Chinese (MCHI) aluminum exports fell more than 5% year-over-year, with aluminum prices trading near their six-year lows over the last few weeks.
Noranda Announces Initial Intercontinental Alumina Shipment as Part of Multi-Shipment Arrangement with Chinese ...GlobeNewswire via Yahoo! FinanceAug 31 06:01 AM
Franklin, Tennessee - August 31, 2015 - Noranda Aluminum Holding Corporation (NYSE: NOR) announced today that it has completed a 31,000 metric tonne shipment of smelter grade alumina from its alumina refinery ...
- Reuters via Yahoo! FinanceAug 25 04:02 PM
Century Aluminum Co, which is owned by Glencore PLC, said on Tuesday it will idle its Hawesville, Kentucky, smelter, the first aluminum plant to shut in years as sinking prices and increased Chinese exports harm producers. Century said in a statement it would begin curtailing capacity on Oct. 24, blaming weak metal prices caused by low-priced exports from China. The last operating U.S. smelter ...
- Market Realist via Yahoo! FinanceAug 21 07:42 AM
A weaker yuan would likely increase the aluminum production costs for Chinese companies, as they would have to shell out more for imported bauxite and coal.
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