Countries

China: aluminum production rises and exports jump

Bloomberg – China’s aluminum product output rose to a record, adding further pressure on global prices as the world’s largest supplier continued to raise production. The country’s aluminum product output in the first two months of the year rose almost 21 percent from the same period last year to 6.9 ...

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Australia could face anticompetition probe over iron-ore

  US-based mining company Cliffs Natural Resources on Wednesday blamed Australia for a dramatic fall in ore prices and warned that its central bank may one day be called to explain anti-competitive practices. Lourenco Goncalves, president of Cliffs Natural Resources Inc, said his company was quitting the Australian iron ore ...

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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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Chinese welded pipe market makes no progress

  Asian Metal – Prices for welded pipe with main grades in China’s major cities remain stable over two weeks ago, but traders’ sales performance has not recovered to the normal level yet. A welded pipe trader in Tianjin reveals to Asian Metal that the price for the main grade ...

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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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USA exported 925,429 tons in January 2015

  ArabMetal – Falls Church, VA. March 11, 2015. Amidst a steep jump in steel exports to one minor trading partner, and a sharp drop in shipments to another, total steel exports by the United States in January were nearly unchanged from last December. According to American Institute for International ...

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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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BHP targets iron-ore cash costs under $20/t

  Miningweekly – Diversified major BHP Billiton’s iron-ore president Jimmy Wilson on Tuesday 10 March said that the company was looking to reduce its cash costs to below $20/t for its iron-ore product, while production improvements would be gained through little or no investment. Speaking to the Global Iron and ...

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