This morning in metals news: U.S. Steel on Monday announced the startup of a new electric arc furnace (EAF) in Fairfield, Alabama; WTI crude dipped below $39 per barrel; and the International Aluminum Institute released global alumina production data. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete […]
Tag: alumina
This Morning in Metals: Global alumina production rises in August
This morning in metals news: global alumina production rose 2.7% year over year in August; China’s industrial profits fell through the first eight months of the year; and nickel prices have taken a dive over the last month. Check if your service center is providing you with price transparency for your aluminum spend. Global alumina […]
This Morning in Metals: Norsk Hydro updates on April, May production levels
This morning in metals news, Norsk Hydro’s primary aluminum, bauxite and alumina production levels were up in April and May, the Aluminum Association reiterates its stance against the reimposition of tariffs on Canadian aluminum, and April U.S. steel shipments fell 31.5%.
This Morning in Metals: Alcoa to close Point Comfort alumina refinery
This morning in metals news, Alcoa announced the closure of its Point Comfort alumina refinery, Glencore makes an acquisition and Alro Steel will open a new facility in February 2020. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Alcoa to close Point Comfort refinery Alcoa announced […]
Global aluminum production rises in October; China’s production hits 3M tons
Global aluminum production in October totaled 5.39 million tons, according to a recent report by the International Aluminum Institute. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Global production through the first 10 months of the year reached 53.04 million tons, down 0.9% […]
This Morning in Metals: South Korea Will No Longer Seek Special Treatment for Developing Countries
This morning in metals news, South Korea will no longer seek to benefit from special treatment granted to developing countries vis-a-vis WTO rules, iron ore exports from Australia’s Port Hedland are surging and Rio Tinto has commissioned new press filter technology at its Quebec alumina refinery. Keep up to date on everything going on in […]
After Lifting of Alunorte Embargo, Norsk Hydro Ramps Up Production as Aluminum Prices Fall
Norwegian aluminum, alumina and bauxite producer Norsk Hydro scored a key victory in September when Brazil’s federal court lifted the final embargo on the firm’s Alunorte alumina refinery, allowing it to ramp back up to 100% capacity. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade […]
Norsk Hydro Files Petition Asking Brazilian Federal Court to Lift DRS2 Embargoes
Aluminum maker Norsk Hydro filed a joint petition — along with its alumina refinery Alunorte, the Pará state environmental agency SEMAS and the Ministerio Publico Federal — asking the Brazilian federal court to lift embargoes on the refinery’s DRS2 bauxite residue deposit area. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Alcoa, United Steelworkers Reach Tentative Agreement on Four-Year Labor Deal
Pittsburgh-based Alcoa Corporation announced it had reached a tentative agreement on a four-year labor deal with the United Steelworkers union, a deal covering five locations and 1,700 employees. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Alcoa is a producer of bauxite, alumina and aluminum products. Alcoa shares closed Friday […]
Alunorte’s Restart Does Not Bode Well for Aluminum Prices
According to the Financial Times, Norsk Hydro’s giant Alunorte refinery in Brazil has been given approval to restart production by the Brazilian authorities. The announcement caught the market by surprise, coming some months earlier than had been expected. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The restart is a boost for Hydro, […]
