Canada

Alcoa to kick off reporting season

Alcoa will announce its first-quarter figures on Wednesday 8 April, and the market is expecting a solid start to the new financial year.  IG – Alcoa has made a big recovery since the credit crisis, but is in a stronger position after asset striping, slashing its dividend and restructuring. The largest ...

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Tata Steel’s Canadian Joint Venture Acquires Howse Iron Ore Deposit

  NDTV – Tata Steel today said its joint venture Tata Steel Minerals Canada has acquired the remaining 49 per cent stake in the Howse iron ore deposit in Canada for close to Rs 25 crore. Tata Steel Minerals Canada Limited (TSMC), through its subsidiary Howse Minerals Limited today acquired the ...

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North America: Primary Aluminium production declined in February 2015

  ِArabMetal – North America produced 348,039 tons of primary Aluminum in February 2015, down by – 3.64% compared to the production of 361,204 tons in February 2014. The majority of the decline due to lower production of the United States, in February 2015 to 129,626 tons, a decline by – ...

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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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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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North American Aluminum Demand Grows 5.0 Percent in 2014

AA — The aluminum industry in the United States and Canada saw year-over-year demand growth of 5.0 percent through the end of 2014. This according to preliminary data released today in the Aluminum Association’s monthly “Situation Report.” The estimated 25.5 billion pounds (1,133,981 mt) of aluminum shipped by North American ...

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