Headlines
May.21,2013
  • RUSAL considers overhaul, restart of Guinea refinery
  • LONDON (Reuters) - Russian aluminium producer RUSAL is considering plans to modernise and restart its idled Friguia alumina refinery in Guinea's north, a senior executive said on Wednesday. Speaking on the sidelines of a London conference, RUSAL deputy chief executive Oleg Mukhamedshin said the world's largest producer of aluminium was also pushing ahead with the development of Guinea's Dian ... ...more
    May.21,2013
  • India's NALCO sells 30,000 T alumina at around $330/T
  • BHUBANESWAR, India, May 15 (Reuters) - India's state-run National Aluminium Co Ltd (NALCO) has sold 30,000 tonnes of alumina at around $330 per tonne free on board (FOB) to a Singapore-based buyer, company ... ...more
    May.21,2013
  • China's Aluminum Producers Seen Having to Make Cuts Amid Surplus - Bloomberg

  • China's Aluminum Producers Seen Having to Make Cuts Amid Surplus
    Bloomberg
    Global aluminum production will climb 5.5 percent this year to 50.8 million tons, exceeding demand by 1.2 million tons, according to Barclays Plc. China accounted for 43 percent of production and 43 percent of consumption last year, according to the bank.

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    May.21,2013
  • Aluminium prices may decline further on glut in market, China inflation - Economic Times

  • Economic Times

    Aluminium prices may decline further on glut in market, China inflation
    Economic Times
    World primary aluminium consumption has increased at a compounded annual growth rate (CAGR) of 4.1% over 2008-2012 and, currently, stands around 45 million tonnes (2012). The growth in consumption is driven by the world's fastest growing economy, ...
    UC RUSAL updates aluminium industry 2013 outlookSteelGuru

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    May.21,2013
  • Aluminium Analysis and forecast Q1 213 - FastMarkets Metal News

  • Aluminium Analysis and forecast Q1 213
    FastMarkets Metal News
    Aluminium is in an interesting situation in that the rampant oversupply that has dogged the market for six years has so far failed to force the industry to rationalise output. Clearly, the laws of supply and demand have been distorted by the ...

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    May.21,2013
  • DUBAL and EMAL take centre-stage at 18th World Aluminium Conference - AME Info (press release)

  • AME Info (press release)

    DUBAL and EMAL take centre-stage at 18th World Aluminium Conference
    AME Info (press release)
    The joint participation of Dubai Aluminium ("DUBAL") and Emirates Aluminium ("EMAL") - which together constitute the UAE's primary aluminium industry — at the Commodity Research Unit's 18th World Aluminium Conference ("CRU 2013") achieved its core ...
    UAE primary aluminium industry took centre-stage at 18th World Aluminium ...Zawya (registration) (press release)

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    May.15,2013
  • Aluminium Bahrain Q1 profit nearly doubles on derivatives gains
  • DUBAI, May 8 (Reuters) - Aluminium Bahrain (Alba),owner of the world's fourth-largest aluminium smelter, sawfirst-quarter profits nearly double on the back of gains fromfinancial instruments. Alba said its first-quarter net profit rose to 40.5 milliondinars ($107.43 million) from 21.3 million dinars in theyear-ago period. Results were boosted by a 10.2 million dinar gain fromderivative ... ...more
    May.15,2013
  • UAE's Emal plans further expansion to meet global aluminium demand - CEO
  • By Stanley Carvalho ABU DHABI, May 7 (Reuters) - Emirates Aluminium (Emal), ajoint venture between Abu Dhabi investment fund Mubadala and Dubai Aluminium, is planning a further smelterexpansion around 2017, its CEO said. The group is on track to complete its $4 billion phase twoby the end of 2014, when it capacity will rise to 1.3 milliontonnes from the current 800,000 tonnes a year, making it ... ...more
    May.15,2013
  • RUSAL in Q1 profit slide, but beats forecasts - South China Morning Post

  • Wall Street Journal

    RUSAL in Q1 profit slide, but beats forecasts
    South China Morning Post
    RUSAL and rivals such as Aluminum Corp of China are suffering from oversupply and lower aluminium prices, and concerns about lacklustre demand have weighed on the company's shares. Despite a volatile macroeconomic environment, RUSAL maintained its ...
    United Company RUSAL Plc: Results Announcement for the Three Months ...Wall Street Journal (press release)
    Russia's RUSAL in Q1 profit slide, but beats forecastsMSN Money

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    May.15,2013
  • Aluminium Nokia Lumia 925 to be unveiled 14 May?
  • Nokia has already sent out invitations to media for a press event in London on 14 May, with the cryptic teaser "The Nokia Lumia story continues". According to Chinese blog Windows Phone Bar, Nokia will be using the event to unveil its highly anticipated Lumia 925 handset codenamed Catwalk.  ...more
    May.15,2013
  • Japan's demand for 99.9% aluminum doubles on end-user restocking - Platts

  • Japan's demand for 99.9% aluminum doubles on end-user restocking
    Platts
    Japan's demand for 99.9% aluminum doubles on end-user restocking. Tokyo (Platts)--13May2013/1242 am EDT/442 GMT. Japan's consumption of high-purity aluminum ingot above 99.9%, used for condenser production, has doubled since the end of 2012 due to end ...

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    May.15,2013
  • World Aluminium Foil Packaging Market 2013-2023 - Sacramento Bee

  • World Aluminium Foil Packaging Market 2013-2023
    Sacramento Bee
    The world aluminium foil packaging market will exhibit considerable growth opportunities over the next decade. The majority of this growth is expected from the emerging markets and this will be due to the high level of economic growth in these regions.

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    May.04,2013
  • NALCO cuts aluminium prices after global fall
  • BHUBANESWAR (Reuters) - National Aluminium Co Ltd (NALCO), India's third-largest producer of aluminium, cut domestic prices of aluminium ingots by 3 percent following a drop in global prices, two company officials said on Friday. NALCO has been cutting prices over the past three months, during which aluminium prices have fallen about 8 percent. The state-run company cut prices by 4,000 rupees to ... ...more
    May.04,2013
  • UAE's Emal secures $3.4 bln bank debt, hints at no bond issue
  • ABU DHABI/LONDON, April 30 (Reuters) - Emirates Aluminiumhas completed a significant portion of the $4 billion dollarfundraising to expand its smelter development, with theremaining debt to be finalised in the coming weeks, the companysaid in a statement to Reuters on Tuesday. However, the statement made no reference to the bond issuethat was supposed to be part of the overall funding package ... ...more
    May.04,2013
  • Novelis launches 'high-recycled content' aluminium - Resource Magazine

  • Novelis launches 'high-recycled content' aluminium
    Resource Magazine
    Aluminium rolling and recycling company, Novelis, has announced the launch of the 'industry's first independently certified, high-recycled content aluminum designed specifically for the beverage can market'. The 'evercan' ... It is hoped the new ...

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    May.04,2013
  • Base metals sink sharply on LME - The Australian

  • Base metals sink sharply on LME
    The Australian
    Aluminium sank to its lowest since base metals were dragged down in gold's slipstream during a spectacular price slump on an accumulation of negative price drivers two weeks ago. ... China's official manufacturing Purchasing Managers' Index fell to 50 ...

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