Aluminum – The end of the summer slowdown may be near. The price of aluminum has made some moderate gains since falling from the year high in early May. Forecasts for the growing demand for aluminum are strongest in the aerospace and transportation sectors. Furthermore, China may become a net importer of the metal in the coming years.
Aluminum – Bloomberg reports that some companies on the Argentinian stock exchange saw unusual trading today.
Aluminum – Bloomberg reports aluminum inventories monitored by the London Metal Exchange rose on increases in Detroit.
Aluminum – Kaiser Aluminum Corporation (NASDAQ:KALU) reports a quarterly cash dividend payment of $0.24 per share.
Aluminum – Mineweb reports PIP now has its sights set on Inalum aluminum JV and Nippon Ashan Aluminum.
Aluminum – Reuters Africa reports that Aluminum Corp of China (NYSE:ACH) said its discussions over possible development of bauxite resources in Australia had ended .
Aluminum – Samuel, Son & Co., Limited reports it has acquired Basic Stainless Inc. a service center operating in Minnesota and Wisconsin.
Aluminum – Forbes reports that analysts with Harbor Intelligence have issued a recommendation for consumers to buy aluminum.
Aluminum – Bloomberg reports that aluminum producer United Co Rusal (HKG:0486) is in talks to develop mines in Guinea.
Aluminum – Bloomberg reports that aluminum inventories extended their longest decline to six years led by removals in Asia.
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