London aluminium dropped to a five-year low on Tuesday as worries about slow demand overcame support from a soft dollar and plans to boost China’s economy. For full story, click here
Continue reading "LME Aluminium hits 5-yr low"
Thursday, December 18, 2008
Aluminum pared declines in LME after China, the world’s largest producer, decided not to lower export taxes that may have boosted supplies. Aluminium declined to $1,478 a tonne. For full story, click here
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Thursday, December 18, 2008
LME aluminium rose $15 to $1,485 while Shanghai aluminium rose by 1.8 per cent to 10,585 yuan. For full story, click here
Continue reading "LME aluminium rose $15 to $1,485"
Monday, December 1, 2008
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
Continue reading "Aluminium has fallen more than 20% since beginning of the year"
Thursday, November 27, 2008
Aluminum for delivery in three months rose $1 to $1,811 a metric tonne on the London Metal Exchange (LME). Aluminum earlier dropped $15.25. For full story, click here
Continue reading "Aluminum rose $1 to $1,811 a metric tonne"
Wednesday, November 26, 2008
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
Continue reading "Hindalco could feel negative effects of aluminium slide"
Tuesday, November 25, 2008
Among the LME-traded metals, aluminum added 0.2 percent to $1,804.25 a ton. Aluminum for immediate delivery traded between 13,100 yuan to 13,140 yuan a ton at Changjiang, Shanghai’s biggest cash market. For full story, click here
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Friday, November 21, 2008
The LME-traded metals, aluminum was down 1.1 percent at $1,765.25 a ton. For full story, click here
Continue reading "Aluminum was down 1.1 percent at $1,765.25 a ton"
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Tuesday, December 30, 2008