As per Mr Jorge Vazquez the analyst in Harbor Intelligence, aluminum price is predicted to jump to above USD 3,000 per tonne by May 2010 due to strong recovery in aluminum demands especially from automobile and building sectors. For full story, click here
Aluminium surged to the highest in 9 months in London and copper to the highest in 10 months as a world economic recovery spurs demand for industrial metals. For full story, click here
Aluminum Corp. of China , the nation’s leading producer of the metal, declared a price recovery for the lightweight metal will lag behind other base metals because of high inventories. For full story, click here
Aluminum showed good recovery this month today on back of imports done by both China and US. China’s implied aluminium demand surged by nearly 11% in June versus the month before on an annualized basis. For full story, click here
Aluminum Corp. of China, the nation’s leading producer of the metal, declared a price recovery for the lightweight metal will lag behind other base metals because of high inventories. For full story, click here
Aluminum Corp. of China has led gains among aluminum producers in China-markets trade on optimism demand for the metal will pick up further amid a recovery in the property and auto industries. For full story, click here
Japan Aluminum producers will increase the fee they charge Japanese buyers next quarter for the first time in a year on surging demand and reduced supply, as the world’s second-largest economy shows signs of recovery from recession. Kunio Ishikawa, director at the Japan Aluminum Assosciation, stated: The worst is over for our industry. For full [...]
United Company Rusal reported that aluminum prices were bottoming out and that a very crucial recovery was expected in 2011. For full story, click here
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