Aluminium

Aluminium stumbles as rising inventories underscore weak fundamentals

By Onome Amuge Aluminum prices declined at the close of trading activities in the week as rising inventories pointed to…

By businessamlive
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Aluminium prices soar on LME, ShFe despite supply cuts in China

Onome Amuge Aluminum prices reached a 9-1/2-year high on Tuesday, as supply concerns raised some dusts in China, the world’s…

Russia’s Rusal is in talks to resume reinsurance with Western companies

Russia’s Rusal, the world’s second-largest aluminum producer, is in talks to resume reinsuring its risks with Western companies after Washington…

EU to restrain steel imports after US tariffs take effect

The European Union will launch measures on Thursday to prevent a surge of steel imports into the bloc following the…

Primary aluminium demand falls 343 kilo tonnes lower than 2017

The demand for primary aluminium for January to March 2018 stood at 14.9 million tonnes, falling 343 kilo tonnes (kt)…

Aluminium prices jump to near 7-year high as Trump sanctions hit Russia

Aluminium prices on Tuesday jumped to near seven-year high as the US sanctions against Russia continues to impact the global…

Force majeure pressure drives aluminium prices to 6-year high

Force majeure pressure on Monday drove aluminium prices to a new six-year peak as the dollar fell after Rio Tinto…