Aluminum Investing News » Is May a Good Month for Aluminum Buy In?

Is May a Good Month for Aluminum Buy In?

May 13, 2010 @ 4:42 pm In Aluminum Market News

This quarter could be a good mark off for aluminum for producers such as UC RUSAL (0486.HK) (RUAL.PA), Aluminum Corp of China ^[1] (Chalco) (601600.SS) (2600.HK) and Alcoa (AA.N) who sees this time as a buying opportunity.

Wei Xiaoshuang, analyst at CM-CCS Securities was quoted saying:

"Chalco definitely will be profitable this year and some low-cost, small aluminium makers such as Shandong Nanshan Aluminium (600219.SS) will see an even bigger improvement."

Click here to access the entire Article ^[2]

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URLs in this post:

[1] Aluminum Corp of China: http://www.chinalco.com.cn/zl/web/chalco_en.jsp

[2] Click here to access the entire Article: http://www.reuters.com/article/idUSTOE64502Z20100513