Showing posts for 'AlCircle'
South32 has just completed its first month on the market in the midst of rock bottom commodity prices and share prices descending 17% lower than the week of its debut. BHP Billiton has simplified its portfolio by demerging a group of high quality assets to create this independent global metals and mining company. Shareholders approved the demerger [...]
Another month passed in the New Year and there is still a good amount of hullabaloo in the market about the aluminium premiums and price of the metal. LME Aluminum benchmark prices rose to $2,114 in 2014 Aug after hitting a four-year low and presently it is hovering between $1,700 and $ 1,800. However, premium [...]
We have come to the end of 2014 and like every year here is again a chance to look back and refresh our memory of the trending news of the year. From the industry point of view, the aluminium industry has experienced some interesting twists and turns and also faced a number of controversies. The [...]
The global Aluminium industry organizes a number of significant events every year that open up avenues for knowledge & information sharing, network and brand building and business development. Since the aluminium industry worldwide is somewhat a close circle, these events serve as a platform to meet up with existing and potential associates and exchange ideas [...]
AlCircle participates for the second time in Aluminium 2014 trade fair as a media partner and exhibitor. Earlier, it was during Aluminium 2012 that AlCircle made its first visit to the world’s biggest trade fair at Messe Dusseldorf.
Aluminium, the most abundant metal on earth’s crust has touched human lives in a number of ways. According to the statistics from European Aluminium Association & CRU, the total primary aluminium consumption in the world was of 50.2 million tons in 2013 and it is growing every year. Due to its inherent qualities like infinite [...]
Obama’s 2010 mandate that obligates car manufacturers to double new-car average fuel economy by 2025 has pushed the car industry to produce more fuel efficient cars at a faster rate. Ford’s next F-150 — the US’s largest selling vehicle — is currently being redesigned and rebuilt with an all-aluminum body, a huge helping hand to [...]
Aluminum holds the distinction of being both the youngest and the most widely used among all the base nonferrous metals in the U.S. Aluminum is known to be a lightweight, ductile, malleable and corrosion resistant metal, making it a popular choice with manufacturers. As with other nonferrous metals, aluminum is also inherently recyclable and recycled [...]
The prolonged price crunch in the global aluminium market is turning out to be a nightmare for the primary aluminium producers worldwide. Low market prices coupled with falling demand from Europe and some of the fastest growing emerging markets, China being the fulcrum, is pushing smelters world over into the operationally uneconomical zone. As if [...]
Before the 1980s, banking institutions weren’t allowed to own non-financial businesses — Congress wanted to reduce the risks banks take, as well as safeguard depositors. However, in the 1990s, Congress and the Federal Reserve’s rules were relaxed, soon permitting some banks to develop businesses in storing and transporting commodities. In 2010, Goldman Sachs bought Metro [...]