Aluminum Corporation of China closed yesterday at $29.69. 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 28.86 and resistance in the 30.42 range. For full story, click here
In a further indication of a tightening North American aluminum market, Novelis Inc. has increased prices for some products offered through its Web sales program as a result of a spike in demand caused by low inventory levels. For full story, click here
The shine in key commodity metal markets is rubbing off on aluminum, a casualty of the international recession and the manufacturing slowdown since early 2008 but a vital contributor to Quebec’s economy. For full story, click here
Aluminum surged for an 11th day, the longest advance in at least 22 years, on signs demand from manufacturers is recovering. Copper gained in London and New York to near the highest in nine months. For full story, click here
Aluminum Corporation of China has ended the last trading session at $28.76. So far the stock has hit a 52-week low of $7.22 and 52-week high of $28.90. Aluminum Corporation of China stock has been showing support around 27.89 and resistance in the 29.33 range. For full story, click here
Reliance Steel and Aluminum has ended the last trading session at $35.94. 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 34.51 and resistance in the 37.57 range. For full story, click here
Interfax-China declared that the Aluminum Corporation of China Co Ltd a subsidiary of the country’s leading aluminum and alumina producer Chinalco expects to incur a net loss for the H1 of 2009 although it did not provide an estimated figure range. For full story, click here
The State Property Fund and Russia’s Russian Aluminum has signed a memorandum on agreed actions to support the activities of Zaporizhia Aluminum Plant and an annex to the agreement on the sale and purchase of Mykolaiv Alumina Plant Ltd. For full story, click here
Noranda Aluminum Holding Corporation declared the following preliminary financial results for the second quarter of 2009. For full story, click here
The Metals Activity Report from the Metals Service Center Institute has shown that June shipments of aluminum from metals service centers in the United States and Canada continued to dip, but generally at a slower rate than in previous months. For full story, click here
Get our independent commentary on aluminum trends and companies delivered to your inbox.
