Aluminum Investing News reports aluminum demand has improved in Japan.
Aluminum stockpiles in Japan dropped by 15 per cent in June from a month earlier to the lowest level since July last year. Inventories in Yokohama, Nagoya and Osaka ports fell to 207,600 metric tonnes at the end of last month compared with 243,300 tonens on [...]
Aluminum Investing News reports aluminum industry faces tough times in the coming months.
Despite the recent recovery in LME aluminum prices; demand for the stainless steel component remains in the dumps. Without any idea of when demand may stage a comeback, aluminum miners are bracing for more tough times.
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Aluminum Investing News reports aluminum companies are still struggling despite some positive news from the global markets.
In its latest Industry report, the aluminum association showed demand for North American aluminum mill products in January rose 4.0 per cent from December but tumbled 26.4 per cent from January 2007. Shipments slid to an estimated 1,443.4 million [...]
Aluminum Investing News reports aluminum demand and supply react to the US stimulus plans.
Aluminium LME warehouse inventories leapt by 13,125 tonnes to stand at 3.17 million tonnes, their highest ever. Stocks have risen more than 35 per cent since December. According to Aluminum Association Inc, Aluminum demand in the U.S. and Canada declined 16 per cent in [...]
Aluminum Investing News reports aluminum prices have been on the low side due to reduced demand from automakers, builders and appliance manufacturers.
The global recession, collapsing consumer and corporate confidence and plunging demand for industrial metals have combined to drop the aluminum prices on the LME to their lowest monthly rate since April 2003. Aluminum inventories are rising [...]
Aluminum Investing News reports an increase in aluminum price on Monday.
Aluminum’s gain was welcome after prices sunk during the previous week. Aluminum has taken its steepest price decent on record this year, a trend witnessed in many metals including copper, nickel and platinum. Battered aluminum prices are directly affecting the companies who produce the metal.
For [...]
Tin Investing News reports tin prices have been pretty grim for the short-term though investors see the long haul for tin to be outshining the rest of the metals.
In their recent report entitled “Tin: A Global Strategic Business Report”, Global Industry Analysts Inc. has said the global tin market would reach 516.9 thousand metric tons by [...]
Aluminum Investing News reports aluminum markets have lost more than 40% of its value since its highest in July this year.
In July, aluminum touched a record high of US $3,380 per tonne, now it is trading below $2,000 per tonne. At aluminum’s current price around 90 per cent of the world’s smelting capacity is operating at [...]
Aluminum Investing News reports aluminum demand rised as China prepared for its Olympics.
The construction boom in China, which escalated prior to the opening ceremonies in Beijing, has caused a ripple effect that has raised the demand, and prices, of many commodities. Percentage-wise, aluminum spot price increases are on a par with oil price increases: projections [...]
Wednesday, July 15, 2009
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