Century Aluminum will amend 2 alumina purchase pacts with Glencore
Century Aluminum Co. announced that it will amend 2 alumina purchase pacts with Glencore, dated April 14, 2008 and April 26, 2006. For full story, click here
Century Aluminum Co. announced that it will amend 2 alumina purchase pacts with Glencore, dated April 14, 2008 and April 26, 2006. For full story, click here
Reliance Steel & Aluminum Co sees demand for steel and aluminum products remaining weak at least through the first half of 2009, with customers holding off their purchasing until they believe prices have touched bottom. For full story, click here
Aluminum producer’s cutbacks have done little to stabilize the metal’s free fall. In London, the price of aluminum fell to $1,321 per tonne from $1,345. In New York, it was selling for 59 cents per pound. Six months ago, the metal’s going rate was $1.50 per pound.
China’s minerals-rich border region of Guangxi will consider purchasing metals to help support prices, but has not yet decided. For full story, click here
According to a government website, Yunnan will buy 300,000 tonnes of aluminium. For full story, click here
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