Aluminum Market News Directory

Aluminum Displaces Nickel as 2014′s Biggest Gainer

Bloomberg reported that on Tuesday nickel fell to its lowest price in a week, sinking as much as 1.6 percent as LME inventories increased to a record 385,860 metric tons. The previous day, the metal sunk by 3 percent.

China to Impose Power Tariffs on Aluminum Smelters

China will impose tiered power rates on aluminum smelters, starting on January 1, as part of its efforts to address severe overcapacity in the industry, Shanghai Metals Market reported.