Reliance Steel & Aluminum buys structural steel company Lampros Steel Inc.
Canadian Business Online reports that Reliance Steel & Aluminum (NYSE:RS) has purchased Lampros Steel.
Articles Tagged "Aluminum Stocks"
Albemarle to Increase Price of Trimethyl Aluminum
Albemarle ( NYSE:ALB) announced that it will increase the price of all grades of trimethyl aluminum (TMA) by 25% for shipments.
Aluminum Prices May Rise in Fourth Quarter on Asia, Rusal’s Deripaska Says
Bloomberg.com reports that Asia's demand for aluminum will drive prices up in Q4, according to United Co. Rusal.
UC RUSAL Q2 profit down 55 pct, misses forecasts
Reuters.com reports that Rusal has missed forecasts in its' latest reporting.
Alcoa CEO Kleinfeld Supports Creation of Aluminum-Based ETF
Bloomberg.com reports that Alcoa ( NYSE:AA) is interested in creating an aluminum-based ETF. The story is quoted as saying: An aluminum ETF would allow investors to hold the metal without the capital requirements and warehousing costs involved in owning the physical metal that’s traded on the London Metal Exchange, Kleinfeld said To access the full [...]
BMO Capital Markets downgrades Alcoa shares
Canadian Business.com reports that Alcoa (NYSE:AA) have been downgraded by BMO analysts.
Aluminum Bahrain prices IPO at bottom of range
Steel Guru.com reports that Aluminum Bahrain has priced their IPO at the bottom of the range.
Antidumping Duties on Chinese Aluminum Products Are Proposed
The Wall St. Journal.com reports that, in an effort to aid U.S. aluminum producers and United Steelworkers Union, Barack Obama wants to impose anti-dumping duties on Chinese Aluminum products.
MCX Aluminum may rebound on stockpile concerns
Commodityonline.com reports that aluminum has been trading down today, likely because of stockpile concerns.
China Accused of Aluminum Dumping
The U.S. and the EU have both launched World Trade Organization complaints against China on the grounds that Beijing unfairly helps domestic makers of steel and aluminum, by blocking overseas exports of raw materials.
