fassi srl | LME aluminium to edge higher while range-bound trading expected in SHFE aluminium

LME aluminium to edge higher while range-bound trading expected in SHFE aluminium

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LME aluminium prices climbed higher drawing support from a vulnerable US dollar index that has been on a decline since the beginning of this week. The light metal contract rose by 0.74 per cent from Tuesday’s close of US$1,943 per tonne to end at US$1,957.50 per tonne on Wednesday, April 26. Shanghai Metals Market (SMM) […]

fassi srl | Expect good margin from aluminium in FY18 NALCO

Expect good margin from aluminium in FY18: NALCO

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India’s leading aluminium producer National Aluminium Company (NALCO) has seen a strong response to their offer for sale (OFS) with the non-retail segment seeing a subscription of 1.84 times and the government has decided to retain full over subscription under the greenshoe option. In a recent interview, TK Chand, CMD of NALCO spoke about the […]

fassi srl | The Aluminum Association releases 2017 North America aluminum industry plant and press directories

The Aluminum Association releases 2017 North America aluminum industry plant and press directories

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The Aluminum Association released the 2017 edition of the North America Aluminum Industry Plant Directory and the North America Aluminum Industry Extrusion Press Directory. The Plant Directory covers 485 plants while the Extrusion Press Directory covers 204 plants, operating 538 extrusion presses, in North America as of April 2017. This updates previous directories last published […]

fassi srl | Aluminium China 2017 to highlight trending topics from the global aluminium industry

Aluminium China 2017 to highlight trending topics from the global aluminium industry

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Coinciding with the NPC and CPPCC meetings in Beijing, the aluminum industry in China is experiencing a warm spring. Primary aluminum has seen a rise last year from 9,800 yuan/ton to 15,800 yuan/per ton. In 2017, the aluminum price may see further rise with the more stringent environmental regulations and the policy drive to reduce […]

fassi srl | Imports have been flooding into the aluminium industry, says US Commerce Secretary

Imports have been flooding into the aluminium industry, says US Commerce Secretary

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The U.S. Commerce Department yesterday launched a probe into aluminium imports as it might be affecting U.S. national security. The investigation is alike to the one that was launched by the administration last week into steel. Commerce Secretary Wilbur Ross said that “Imports have been flooding into the aluminium industry”. The aluminium imports had mounted 16 […]

fassi srl | India aluminium scrap prices hold ground while aluminium futures decline on MCX

India aluminium scrap prices hold ground while aluminium futures decline on MCX

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Major aluminium scrap commodity prices in India market remained steady on Thursday, April 13, while aluminium futures prices on Multi Commodity Exchange (MCX) witnessed a slide. The overall price ended below at INR 123.10 per kilogram. India’s aluminium scrap commodities, the major ones that is, like aluminium accessories scrap, aluminium cable scrap, aluminium ingots, aluminium […]