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Vale has completed the final tie-in of the flue systems to the new 137 metres Stacks and took its Copper Stack out of service at the Copper Cliff Smelter Complex, in Sudbury in Canada, during its planned maintenance...

Posted By : Yogender Pancholi 9 hours 5 minutes ago
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A new survey released confirms aluminum, already the fastest growing automotive material, is expected to grow to content levels of 514 pounds per vehicle by 2026, up 12% from 2020 levels. The survey, conducted by...

Posted By : Yogender Pancholi 9 hours 6 minutes ago
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Novelis Inc has reported a net loss attributed to its common shareholder of USD 79 million, and a net loss from continuing operations of USD 61 million for the first quarter of fiscal year 2021, down 162 percent and 148...

Posted By : Yogender Pancholi 9 hours 8 minutes ago
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US Department of Commerce announced its preliminary determinations that imports of common alloy aluminum sheet from Bahrain, Brazil, India, and Turkey are benefitting from unfair government subsidies. As a result, the...

Posted By : Yogender Pancholi 9 hours 20 minutes ago
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Arconic Corporation announced second quarter 2020 results, with reported revenue of USD 1.2 billion, down 38% year over year on weaker volumes across all segments and most end markets primarily due to the impact of the...

Posted By : Yogender Pancholi 1 day 8 hours 48 minutes ago
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Salzburger Aluminum AG is terminating 29 employees at the Austrian locations in Lend in Pinzgau and Schwarzach in Pongau. That is around a fifth of the workforce there. The reason for the move is a drop in production of...

Posted By : Yogender Pancholi 1 day 8 hours 54 minutes ago
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Reuters reported that China Nonferrous Metals Industry Association’s research arm Antaike made a nearly 13% upward revision to its forecast for China’s refined copper imports in 2020, as tight raw material supply...

Posted By : Yogender Pancholi 1 day 8 hours 56 minutes ago
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Kyiv Post reported that according to customs statistics delivered by the State Customs Service of Ukraine on August 7, exports of copper and copper products for the first seven months of the current year decreased by...

Posted By : Yogender Pancholi 1 day 9 hours 3 minutes ago
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A pro-independence party in New Caledonia UNI has added its voice against this week's government decision to allow nickel ore exports. The UNI party accused the government of giving in to the dictates of multi-nationals...

Posted By : Yogender Pancholi 1 day 9 hours 4 minutes ago
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Rio Tinto has responded to the tariffs US President Donald Trump put on aluminum imports August 6. Rio Tinto’s BC Works General Manager Affonso Bizon said “We are working with our US customers to minimize any...

Posted By : Yogender Pancholi 2 days 10 hours 59 minutes ago
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Nalco and Mishra Dhatu Nigam Ltd joint venture Utkarsha Aluminium Dhatu Nigam Ltd plans to rope in a consultant for getting environmental clearance for its proposed high-end aluminium alloy plant at Nellore in Andhra...

Posted By : Yogender Pancholi 2 days 11 hours 1 minute ago
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The Public Chamber presented a draft Plan for Elimination of the Consequences of the Oil Spill from CHPP-3, owned by Norilsk Nickel. It only covers the issues of oil spill monitoring and remediation, but this is not...

Posted By : Yogender Pancholi 2 days 11 hours 2 minutes ago
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Nornickel announced preliminary consolidated production results for the second quarter and the first half of 2020. First Vice-President, Chief Operating Officer, Sergey Dyachenko said “The Company is applying its...

Posted By : Yogender Pancholi 2 days 11 hours 3 minutes ago
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In 2020 1H, the Jinchuan International Group's mining operations produced 39,006 tonnes of copper content included in copper cathode and copper concentrate (six months ended 30 June 2019: 36,897 tonnes) and 2,635 tonnes...

Posted By : Yogender Pancholi 2 days 11 hours 4 minutes ago
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Canada’s Deputy Prime Minister Ms Chrystia Freeland said that Canada will hit American aluminium products with CAD 3.6 billion in counter-tariffs in response to absurd US levies announced on Canadian aluminium goods....

Posted By : Yogender Pancholi 3 days 7 hours 55 minutes ago
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Financial Express reported that a Supreme Court bench led by Chief Justice SA Bobde sought response from the top Nalco brass as to why contempt should not be initiated against them for clear deviation from the...

Posted By : Yogender Pancholi 3 days 8 hours 1 minute ago
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After designing a complete plan, which includes robust protocols in the field of occupational health and safety, and which is adjusted to the context of each of the localities in which its centers are located work,...

Posted By : Yogender Pancholi 3 days 8 hours 6 minutes ago
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Oil products were found in some of the water samples taken by Greenpeace in the Taimyr reservoirs. Water samples from the discharge from the tailing dump of the Talnakh concentration plant of Norilsk Nickel exceeded the...

Posted By : Yogender Pancholi 3 days 8 hours 8 minutes ago
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An informal association of experts, activists, leaders and organizations of Indigenous small-numbered peoples of the North Siberia and the Far East of the Russian Federation Aborigen Forum has requested Tesla boss Mr...

Posted By : Yogender Pancholi 3 days 8 hours 13 minutes ago
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US President Donald Trump has re imposed 10% tariff on non-alloyed unwrought aluminium imports from Canada. Mr Trump said the tariffs are required to defend the US aluminium market for the reason that Canadian producers...

Posted By : Yogender Pancholi 6 days 9 hours 6 minutes ago
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Hydro and Rupert Fertinger GmbH have signed a Term Sheet for Fertinger to acquire Hydro’s welded tube business in Remscheid in Germany. The Remscheid operations employ 124 people and was planned to be closed by Hydro...

Posted By : Yogender Pancholi 6 days 9 hours 7 minutes ago
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World’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper Nornickel continues to streamline its organizational structure, with the Group’s core operations will be...

Posted By : Yogender Pancholi 6 days 9 hours 10 minutes ago
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Alcoa announced that the last meeting of the formal consultation period for collective dismissal at the Company’s San Ciprián aluminum plant in Spain ended on August 4, 2020, without an agreement with the workers’...

Posted By : Yogender Pancholi 6 days 9 hours 29 minutes ago
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In its Oinofyta plant near Athens in Greece, ElvalHalcor SA has successfully rolled the first aluminum hot strip coil on its new finishing mill supplied by SMS group. The new, four-stand finishing mill was installed...

Posted By : Yogender Pancholi 6 days 9 hours 31 minutes ago
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global industry body for aluminium. Hongqiao, which has about 6.5 million tonnes of licensed annual aluminium smelting capacity, became an IAI member in 2016 and now employs former IAI secretary-general Ron Knapp as an...

Posted By : Yogender Pancholi 8 days 7 hours 56 minutes ago
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USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
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CAD1.324-0.010-0.013-0.028-0.0890.000
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EUR0.847-0.006-0.002-0.038-0.079-0.046
GBP0.766-0.0010.002-0.034-0.045-0.062
INR74.8640.064-0.2280.103-1.1983.765
JPY106.7830.0180.737-0.8170.5481.330
RUB73.483-0.0610.3742.646-0.8728.038
ZAR17.477-0.0970.3190.564-1.1832.215
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Aug 13 2020
Source : xe.com