The Canadian government recently announced policy and regulation changes that it argues “will help improve Canada’s trade remedy system for all sectors.” Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Earlier this month, Canada announced changes to its anti-dumping policy, in addition to the establishment of a new aluminum import monitoring […]
Tag: Aluminum
Aluminum Market is in Balance – For Now
Various sources are reporting both a slowing in demand growth and a fall in output for primary aluminum. So far this year, that combination has been led by a faster fall in output, pushing the market into a larger deficit position as the first half progressed. Buying Aluminum in 2019? Download MetalMiner’s free annual price […]
India’s NALCO Plans to Expand Domestic Aluminum Sector
India’s National Aluminium Company (NALCO) has had expansion plans on the anvil for some time now. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook Towards this goal, it has started taking the first steps. Part of this effort is the indigenization of technology and equipment specific to the aluminum sector. It is a […]
This Morning in Metals: Coca-Cola to Sell Dasani Water Brand in Aluminum Cans
This morning in metals news, beverage maker Coca-Cola has announced it will shift to aluminum cans for its Dasani water brand, the U.S. Department of Commerce announced it found evidence of dumping of refillable stainless steel kegs from Mexico and China still plans to send trade officials to Washington next month for talks. Need buying […]
This Morning in Metals: China Hongqiao Impacted by Typhoon
This morning in metals news, the world’s top aluminum producer was flooded after Typhoon Lekima, Chinese cities did not meet targets to cut pollution and iron ore prices continue to slide. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook China Hongqiao Takes Damages After Typhoon The world’s largest aluminum producer, […]
Aluminum MMI: Global Demand Weakness Pulls the Index Back
The Aluminum Monthly Metals Index (MMI) dropped two points this month to 84. Most of the prices tracked for the index dropped this month, with European prices dropping the most (by close to 7.5%). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices fared best of all of […]
This Morning in Metals: EPA Reverses Ruling that Blocked Alaska Mining Project
This morning in metals news, the EPA reversed an Obama-era decision regarding an Alaskan mining project, the Federal Reserve issued its first rate cut since the financial crisis and a Chinese billionaire is alleged to have instituted a scheme to avoid $1.8 billion in tariffs on aluminum exported to the U.S. Need buying strategies for […]
This Morning in Metals: LME Copper Prices Fall
This morning in metals news, copper dipped on Tuesday, Asian countries are dealing with a glut of steel from China and Heineken is feeling the impact of higher aluminum costs. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Copper Slides The LME copper price dipped Tuesday amid U.S.-China trade talks […]
Norsk Hydro to Supply Aluminum for Audi’s First Fully Electric Model
Oslo-based Norsk Hydro has entered into an agreement with Audi to supply aluminum for the battery housing of the automaker’s first fully electric model. The aluminum, Hydro says, is “processed and manufactured along the entire value chain in an environmentally conscious manner and under socially acceptable working conditions,” conditions which have been confirmed by the […]
Aluminum Dissonance: Why Have Prices Softened Despite Supply Deficit?
That the aluminum market is in a deficit is a widely accepted fact — but it still remains hard to see in practice. Usually when markets are in deficit, prices rise. Primary aluminum as quoted by the LME, however, has been at best sideways for the last year or more. Prices have gradually softened within […]
