The Islamic Republic of Iran’s aluminum produce has increased to 8 percent in the first month of the new Iranian year (started March 20, 2010). This is compared to March 20 of 2009. The news added the information: Iran has produced 25,732 tons aluminum during the last Iranian month (March 20-April 20, 2010) showing 8 [...]
Brazilian aluminum output slipped in the first six months of 2009, the Brazilian Aluminum Association, on ABAL. For full story, click here
China’s aluminum output is expected to stand between 1.07 million tons and 1.08 million tons in June, up from the 983,800 tons recorded in May, an official from the China Nonferrous Metals Industry Association (CNMIA) told Interfax at a conference on July 16. For full story, click here
Brazilian aluminum output slipped in May as international demand faltered, the Brazilian Aluminum Association, or ABAL. For full story, click here
Aluminum distributors’ inventories have slipped so low that any significant uptick in demand would likely trigger a surge in aluminum output. Klaus Kleinfield, CEO of Alcoa Inc., stated: Most distributors have thrown out the window their normal safety inventory requirements. For full story, click here
China is the world’s No. 1 producer of aluminum, accounting for one-third of both world output and world consumption of primary aluminum, as per a report by minerals and metals research firm Roskill Information Services. For full story, click here
Russian aluminum producer United Co. Rusal declared that it doesn’t need to deepen output cuts if aluminum prices stay above $1,400 a metric ton, but said prices aren’t expected to recover significantly until 2011. For full story, click here
National Aluminium Co., India’s second-leading producer, is rising bauxite production after reopening its mines last month. For full story, click here
The annual rate of primary U.S. aluminum output in April slipped 36.5 percent year-on-year to 1,764,641 tonnes from 2,779,160 tonnes in April 2008, and was down 2.5 percent from March’s annual rate of 1,809,788 tonnes. For full story, click here
India’s state-run National Aluminium Co. is concerned that aluminum output could dip as the company’s facilities run out of bauxite as the result of a 35% reduction in bauxite production following the attack on its Panchpatmali mine. For full story, click here
Tuesday, May 11, 2010