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Hydro’s part-owned primary aluminium plant in Brazil is restarting a production line that experienced a power outage earlier this year. The Albras plant in Barcarena in Pará state was operating at 25% reduced...

Posted By : Yogender Pancholi 2 days 8 hours 41 minutes ago
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Garner Aluminium Extrusions, also known as Garnalex, based in Denby in United Kingdom has awarded SMS group the final acceptance certificate for the extrusion line it supplied. Together with OMAV SpA, consortium leader...

Posted By : Yogender Pancholi 2 days 8 hours 44 minutes ago
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Rio Tinto researchers have developed a new process to extract high purity scandium oxide, a critical mineral, from by-products generated in the production of titanium dioxide at the Rio Tinto Fer et Titane metallurgical...

Posted By : Yogender Pancholi 2 days 8 hours 45 minutes ago
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Hydro has signed an agreement with the government of the state of Pará to make a second donation of BRL 5 million to extend its support for the construction and maintenance of new campaign hospitals in Belém, Soure,...

Posted By : Yogender Pancholi 2 days 8 hours 46 minutes ago
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World Bureau of Metal Statistics in latest report said that the copper market recorded a surplus of 188 kt in January to March 2020 which follows a deficit of 268 kt in the whole of 2019. Reported stocks rose during...

Posted By : Yogender Pancholi 2 days 8 hours 48 minutes ago
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To expand its production capacity, Jiangxi Copper Company contracted with Southwire Company LLC of Carrollton in Georgia in USA for an SCR 9000 copper rod mill including shearing, rolling, and coiling equipment supplied...

Posted By : Yogender Pancholi 3 days 8 hours 26 minutes ago
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Constellium SE announced that it supplies Auto Body Sheet for the new Toyota Corolla produced at Toyota’s European manufacturing plants. Constellium was nominated as the sole supplier of Auto Body Sheet for the hood...

Posted By : Yogender Pancholi 3 days 8 hours 28 minutes ago
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GFG Alliance’s global aluminium division ALVANCE Aluminium Group announced the appointment of Guillaume de Goÿs as its new Chief Operating Officer to drive the Group’s expansion and synergies across its upstream...

Posted By : Yogender Pancholi 3 days 8 hours 30 minutes ago
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The Aluminium Association of India has urged the Central Electricity Regulatory Commission to look into the market of Renewable Energy Certificates which, according to it, is resulting in artificial demand and price...

Posted By : Yogender Pancholi 3 days 8 hours 31 minutes ago
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World Bureau of Metal Statistics in latest report said that the calculated market balance for primary aluminium for January to March 2020 was a surplus of 709 kt which follows a surplus of 761 kt recorded for the whole...

Posted By : Yogender Pancholi 3 days 8 hours 32 minutes ago
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Leading global aluminium producer RUSAL announced that it has started producing anodes for cathodic protection for the oil and gas, shipbuilding and other heavy industries to protect critical structures and metal...

Posted By : Yogender Pancholi 4 days 9 hours 9 minutes ago
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The Indian Institute of Technology Madras researchers have developed a high-performance magnesium alloy that can replace steel and aluminium in automobiles. IIT-M said its researchers working with University of North...

Posted By : Yogender Pancholi 4 days 9 hours 12 minutes ago
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Pess Metal Aluminium Holdings Bhd sees its upstream investments and expansion of its smelting operation as building blocks for its future amidst the current turbulent economic environment brought on by US-China trade...

Posted By : Yogender Pancholi 4 days 9 hours 13 minutes ago
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Reuters reported that the coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, ex

Posted By : Yogender Pancholi 4 days 9 hours 18 minutes ago
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Research house CRU said that “Over Q1 2020, Covid-19 has developed from an emerging threat to a transformational reality with potentially long-lasting effects on economic growth. All optimism for commodity markets at...

Posted By : Yogender Pancholi 5 days 10 hours 9 minutes ago
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The Corporate Assembly of Norsk Hydro ASA resolved in its meeting on May 20, 2020, to elect Rune Bjerke as new member of the Board of Directors of Norsk Hydro ASA, with effect from June 17, 2020, for a period of up to...

Posted By : Yogender Pancholi 5 days 10 hours 11 minutes ago
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Reuters reported that Chalco unit Shanxi Huasheng executive and a delegate at the National People’s Congress in Beijing Mr Gao Bingwei has called for his province of Sh

Posted By : Yogender Pancholi 5 days 10 hours 12 minutes ago
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European aluminium producer Alro-Slatina is operating new Danieli homogenizing furnaces for the production of quality aluminium flat products at its site in Romania. The plant is us

Posted By : Yogender Pancholi 6 days 11 hours 14 minutes ago
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GNA reported that youth-led advocacy NGO Rescue Mission International has called on Ghana government to actively engage stakeholders including indigenous communities, the youth and environmental NGOs, in the effective...

Posted By : Yogender Pancholi 6 days 11 hours 17 minutes ago
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World’s leader in sustainable aluminum packaging solutions for beverage, personal care and household products Ball Corporation announced that it has named Acosta, a leading sales and marketing agency in the consumer...

Posted By : Yogender Pancholi 6 days 11 hours 20 minutes ago
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Market sources told Fastmarkets that Chinese multi-metal company Jinchuan Group will conduct maintenance at its cobalt smelter in Gansu Province in early June and that maintenance will last for about 15 days and is...

Posted By : Yogender Pancholi 6 days 11 hours 22 minutes ago
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Reuters reported that copper inventories in warehouses tracked by the Shanghai Futures Exchange dropped at the fastest rate in nearly eight months. Copper inventories in ShFE warehouses CU-STX-SGH for the week ending...

Posted By : Yogender Pancholi 6 days 11 hours 23 minutes ago
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In a letter to US Trade Representative Robert Lighthizer marking the one-year anniversary of the removal of Section 232 aluminum tariffs on aluminum produced in North America, Aluminum Association President & CEO Tom...

Posted By : Yogender Pancholi 9 days 9 hours ago
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A recent sector report by Crisil said that Indian aluminium makers will sail through the impacts of the viral disruption smoothly with rising aluminium exports, lower input costs and cost efficiency strategies followed...

Posted By : Yogender Pancholi 9 days 9 hours 1 minute ago
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Reynaers Aluminium has announced the appointment of new operations director, Steve Hubbard. Hubbard joins Reynaers with more than 30 years’ experience driving operations through process efficiency and best practice...

Posted By : Yogender Pancholi 9 days 9 hours 2 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
AUD1.501-0.013-0.027-0.089-0.0140.058
BRL5.4050.131-0.3510.0881.0111.381
CAD1.376-0.001-0.018-0.0470.0510.027
CNY7.146-0.0200.0410.0650.1140.235
EUR0.900-0.008-0.013-0.023-0.0260.005
GBP0.810-0.001-0.008-0.0010.0340.020
INR75.611-0.219-0.118-1.2873.7875.840
JPY107.146-0.676-0.597-0.245-4.808-2.135
RUB70.517-0.453-1.846-6.1986.3385.727
ZAR17.4370.082-0.827-1.5592.3282.720
USD1.0000.0000.0000.0000.0000.000
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on May 29 2020
Source : xe.com