Aluminum

Chinese alumina output down by 2.1% MOM in February

  According to Asian Metal data center,  Chinese alumina output declined by 2.1% MOM to around 4.21 million tonnes in February, down by 1.6% YOY. Affected by the Spring Festival and some low grade bauxite, Chinese alumina output slid down in February. Another reason is the decreasing days in February. ...

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Indonesia does not resume bauxite export

  Asian Metal – A market rumor said that Indonesia will restart bauxite export in July, 2015, but many Indonesian bauxite mining owners denied the news, as they still have no right for bauxite export. A bauxite mining owner in Indonesia revealed that they did not see any official notice ...

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North America Primary Aluminum Production (USA and Canada) 1998 – 2014

  Source: The Aluminum Association Prepared by Arab Metal

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Ominous warning signs from the aluminum market

  by: ANDY HOME Reuters – U.S. aluminum producer Alcoa last week said it had placed 500,000 tonnes of production capacity under review for possible closure or sale. The company has already idled, closed or sold 1.7 million tonnes of capacity since 2007 but, it seems, now needs to cut ...

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Aluminum ingot stocks up by 358,000t in late February on Chinese market

  According to data from Asian Metal, aluminum ingot stocks in Shanghai, Wuxi, Hangzhou, Guangdong, and Gongyi markets were 325,000t, 400,000t, 42,000t, 139,000t, 42,000t respectively in late February. The total stocks in China were 948,000 tonnes at the end of February, up by 358,000 tonnes compared with those in late ...

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Alcoa’s warning of smelter closures shows impact of falling premiums

  Reuters – A warning by Alcoa that it may reduce smelting capacity is the first concrete sign that lower delivery premiums for aluminium are threatening producers amid low futures prices, traders and industry sources said. The vertically integrated aluminium company announced Friday it would review 14% of its smelting ...

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First Gulf Aluminium Casthouse conference hailed as an industry success

Doha – The first Gulf Aluminium Cast house Conference, 'GulfCast', has successfully come to an end, part of a three-day event taking place from 2nd – 4th March 2015 at Sharq Village & SPA in Doha. The conference was held under the patronage of His Excellency Dr. Mohammed Bin Saleh ...

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Norsk Hydro to acquire German aluminum recycler

recyclingtoday – Norsk Hydro, the Oslo, Norway-based aluminum producer, has announced plans to acquire WMR Recycling GmbH, Dormagen, Germany, from Kural GmbH and Kurth Grundstücksverwaltungs UG. Following the transaction, Hydro says it will own the most advanced aluminium scrap sorting technology in the world. The deal is expected to be ...

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Chinese aluminum scrap imports down by 15.83% MOM in January 2015

  Asian Metal – 3 Mar 15 – According to China Customs, China imported 192,245 tonnes of aluminum scrap in January 2015, down by 15.83% MOM. Import volume decreased for the following reasons: Firstly, import prices were much higher than the prices in Chinese domestic market and many plants turned to purchase ...

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USA: Kobe Steel considers $800 million U.S. aluminium plant for car supplies

japantimes – Kobe Steel Ltd., supplier of aluminum sheet to half of the nation’s auto industry, is considering building a ¥100 billion plant in the U.S. to expand sales to Japanese carmakers operating in North America. The prize is an expected tenfold increase in demand for aluminum sheet in the ...

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