Aluminum prices fell
Aluminum prices fell as stocks of the metal used in transport and packaging jumped by more than 10,000 tonnes for the second day in a row to a record above 2.94 million tonnes. For full story, click here
Articles Tagged "fall"
Alumina Second-Half Profit Falls 18% on Lower Prices
Alumina Ltd partner in the world’s biggest producer of the material used to make aluminum, had an 18 percent decline in second-half profit because of lower prices and higher costs. For full story, click here
Aluminum price dropped by USD 5 per tonne
Aluminum price dropped by USD 5 per tonne and lead price dropped by USD 17 per tonne. For full story, click here
China tackles aluminum market
The price of aluminum has slumped some 50 percent since peaking at $3,380 per tonne last July as the global economic downturn has hit demand for the metal. To kick off 2009, the aluminum market received some positive news as the metal climbed to a three-week high in Shanghai trading.
Aluminium has fallen more than 20% since beginning of the year
Aluminium currently at $1,820 per tonne on LME, have fallen just 22% since the first week of January ‘08. For full story, click here
Hindalco could feel negative effects of aluminium slide
Aluminium prices hit 3-year low of at $1,911 per tonne intra-day on the LME. This should have a negative effect on leading domestic non-ferrous players like Hindalco Industries. For full story, click here
Aluminium hits 3-year low
Aluminium prices matched a three-year low and copper shed nearly 4 percent as hefty builds in warehouse stocks reinforced concerns about weaker demand, particularly from the auto industry. For full story, click here
Aluminium reaches 3-year low before turning higher
Aluminium touched a 3-year low, before tracking equities higher, while a poor demand outlook for metals continued to dampen sentiment. For full story, click here
