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Reuters reported that China may consider a cut in tax rebates for semi finished aluminium products in its next review, likely lowering output in the world's biggest producer of the metal. Industry sources and analysts said that aluminium products are the only base metal that now qualifies for tax re...
The latest report released by World Bureau Of Metal Statistics (WBMS) showed that the global production rose in January to June by 18 per cent compared with the comparable period in 2009. The calculated market surplus for primary aluminium for the six months of 2010 was 314 kt, which compares with a...
Reuters reported that global aluminium prices are a fair reflection of the metal's fundamentals for now but that would soon change if demand weakens and the massive inventory overhang starts to increase again. Mr James King independent consultant said that "I think prices around USD 2,100 to US...
Alumina (ASX:AWC), a 40 per cent partner in the Alcoa-managed AWAC global alumina joint venture, said the industry's drive for alumina to be traded on global markets on a spot price/index-related basis instead of linking it to aluminium metal prices will produce large benefits. Spot pricing for alum...
Olivia Hu, Taipei; Jessie Shen, DIGITIMES [Tuesday 10 August 2010]Aluminum capacitor makers Lelon Electronics and Teapo Electronic saw July revenues decrease slightly on month, with customers slowing down their orders, according to the companies. But peer company Luminous Town Electric saw its July ...