Reliance Steel and Aluminum has closed yesterday at $43.10. So far the stock has hit a 52-week low of $12.58 and 52-week high of $78.44. Reliance Steel and Aluminum stock has been showing support around 41.77 and resistance in the 44.47 range. For full story, click here
Continue reading "Reliance Steel and Aluminum closed at $43.10"
Wednesday, April 1, 2009
US aluminum scrap export prices have surged in some case from 5 to 10 cents per pound over domestic prices on secondary grades and as scrap demand from China has risen over the past few months, this has tightened US supply. For full story, click here
Continue reading "US Aluminum scrap export prices on upward trend"
Thursday, February 19, 2009
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
Continue reading "Aluminum prices fell"
Tuesday, February 17, 2009
Three-month aluminum was untraded at the close, but bid at $1,330, from $1,348 a tonne at the close Monday, having earlier fallen to $1,331 – the lowest since late January. For full story, click here
Continue reading "Three-month aluminum was untraded"
Tuesday, February 17, 2009
Saddled with a huge inventory of 29.24 lakh tonnes on the LME by the end of the current weak, aluminium prices dipped $13 to $1,340 per tonne. For full story, click here
Continue reading "Aluminium prices dipped $13 to $1,340 per tonne"
Friday, February 13, 2009
Aluminium perked up 8.53 per cent to end the week at $1,438. For full story, click here
Continue reading "Aluminium perked up 8.53 per cent"
Monday, February 9, 2009
Aluminium March 9 contract rose by 4.78 per cent to Rs 69.10 per kg. For full story, click here
Continue reading "Aluminium March 9 contract rose"
Sunday, February 8, 2009
Aluminium March 9 contract rose by 4.78 per cent to Rs 69.10 per kg, For full story, click here
Continue reading "Aluminium March 9 contract rose"
Wednesday, February 4, 2009
Aluminum prices are near five-year lows as orders drop from automakers, builders and appliance manufacturers. For full story, click here
Continue reading "Aluminum prices are near five-year lows"
Monday, February 2, 2009
Most of the Base metals witnessed slight bounce back from last week’s lows with wide directional divergence seen as individual metals reacted differently to short-term influences. Aluminum gained 5 percent as the news of immediate financial aid to the US auto industry helped. For full story, click here
Continue reading "Aluminum gained 5 percent"
For upcoming aluminum investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
AluminumInvestingNews.com maintains a focus on aluminum exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Aluminum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Friday, June 12, 2009