Alcoa Inc declared that Chairman Alain Belda will retire as an executive officer of the aluminum company effective Aug 1 and will likely be replaced by President and Chief Executive Officer Klaus Kleinfeld next year. For full story, click here
Read the full article: "Alcoa’s Belda will retire as Chairman..."
Friday, July 31, 2009
Century Aluminum is trading 5% higher today on volume of 242,665 shares. The stock has traded within a 52-week range of $1.04 and $61.63. For full story, click here
Read the full article: "Century Aluminum trend up 178.8%"
Friday, July 31, 2009
Aluminum Corporation of China closed yesterday at $27.05. So far the stock has hit a 52-week low of $7.22 and 52-week high of $30.00. Aluminum Corporation of China stock has been showing support around 26.29 and resistance in the 28.23 range. For full story, click here
Read the full article: "Aluminum Corp. of China closed at $27.05"
Friday, July 31, 2009
Reliance Steel and Aluminum closed yesterday at $33.97. So far the stock has hit a 52-week low of $12.58 and 52-week high of $66.56. Reliance Steel and Aluminum stock has been showing support around 32.37 and resistance in the 36.33 range. For full story, click here
Read the full article: "Reliance Steel and Aluminum targeted 22.90%..."
Friday, July 31, 2009
US aluminum producer Ormet Corporation declared plans late on July 27th to indefinitely shut up to 6 potlines at its 260,000 tonnes per year aluminum smelter at Hannibal in Ohio. For full story, click here
Read the full article: "Ormet will close 6 Pot Lines in Ohio"
Friday, July 31, 2009
Japan’s shipments of aluminum rolled products dipped at the slowest pace in 7 months in June as demand from can and carmakers improved. For full story, click here
Read the full article: "Japan Aluminum Shipments in June dipped to..."
Thursday, July 30, 2009
Kaiser Aluminum Corp. has posted second quarter net income of $20 million or $0.97 per share, compared to $23 million or $1.11 per share in the prior year period. Excluding the impact of pre-tax, non-run-rate net gains of approximately $22 million, adjusted net income was $7 million or $0.32 per share. For full story, click [...]
Read the full article: "Kaiser Aluminum Q2 Earnings Dipped"
Thursday, July 30, 2009
Metalico Inc declared gains in sales and net income for the second quarter of 2009 as compared to the first quarter and additional reductions in its debt, resulting in a profit for the period. Mr Carlos Agueero president & CEO of Metalico Inc declared: General business conditions seem to be improving modestly. The flow of [...]
Read the full article: "Metalico Inc declared Q2 and H1 Financial..."
Thursday, July 30, 2009
Century Aluminum Company declared a third consecutive quarterly loss recently as the company slashed production to combat weak demand for aluminum amid a more than 65% dip in sales. For full story, click here
Read the full article: "Century Aluminum Posted Straight Q3 Losses"
Tuesday, July 28, 2009
Reliance Steel and Aluminum closed yesterday at $37.11. So far the stock has hit a 52-week low of $12.58 and 52-week high of $66.56. Reliance Steel and Aluminum stock has been showing support around 35.63 and resistance in the 37.85 range. For full story, click here
Read the full article: "Reliance Steel and Aluminum closed at $37.11"
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Friday, July 31, 2009