A federal court in Brazil lifted one of two production embargoes on Norsk Hydro’s Alunorte alumina facility, as the Norwegian firm angles to bring the facility back to full capacity. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In October, Brazil’s Institute of Environment and Renewable Natural Resources lifted its embargo […]
Tag: alumina
Alunorte Alumina Refinery’s Prospects Are Improving
Brazil’s Institute of Environment and Renewable Natural Resources, known as IBAMA, has lifted the embargo on Norsk Hydro’s Alunorte alumina refinery, several headlines are saying, encouraging many to think full production of alumina will start flowing from Hydro’s massive plant in the near future. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook But while it […]
This Morning in Metals: Ford Says Prices of U.S. Steel More Expensive than Anywhere Else
This morning in metals, Ford Motor Co. says prices of U.S. steel are higher than anywhere else in the world, China’s alumina exports surged in September and the LME copper price dropped Tuesday. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook High Prices U.S. automaker Ford has been vocal about […]
Alumina is the Elephant in the Room When it Comes to the Aluminum Price
Some commentators were calling the imminent collapse of the aluminum price last month — certainly, it tested the bottom of its recent range, at just below $2,000 per metric ton on the LME. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook But the price has since rallied and is currently range bound between […]
Alumina Prices Putting Pressure on Downstream Products
For years — decades, even — the price of alumina was taken to be one-third of the primary aluminum price. For many years, such a relationship was enshrined in long-term supply agreements with alumina producers sharing in the ups and downs of the primary aluminum price experienced by the smelters. Need buying strategies for steel? […]
