Trends - aluminium - Business Recorder

Markets

China’s primary aluminium output may rise in 2024

SHANGHAI: Output of primary aluminium in China will increase until 2024, after which secondary, or recycled metal...

Published 04 Jun, 2021 05:06am

Markets

Copper plunges below $10,000 as U.S. jobs data knocks markets

World stocks also stepped back from record highs and the dollar strengthened, making metals costlier for buyers with other currencies.

Published 04 Jun, 2021 12:34am

Markets

Copper down on low China demand despite upbeat factory data

Copper, mainly used in the power and construction industries, is seen as a sensitive gauge of the health of the global economy.

Published 01 Jun, 2021 11:30pm

Markets

LME official prices

LONDON: The following were Thursday official prices....

Published 29 May, 2021 03:59am

Markets

Copper claws higher on hopes for wave of U.S. spending

Copper is often considered a bellwether of the global economy due to its wide industrial uses, including in infrastructure projects.

Published 28 May, 2021 10:31pm

Markets

Copper prices sink

LONDON: Copper prices fell on Wednesday as rising inflation pushed investors into a risk-off sentiment, offsetting...

Published 20 May, 2021 04:26am

Business & Finance

Budget proposals: FIC for cut in GST and WHT on fertilizers’ import

KARACHI: Fertilizer Importers Council (FIC) has proposed reduction of GST and Withholding Tax on the import of...

Updated 20 May, 2021 09:21am

Markets

China April aluminium imports rise 36% from prior month

China, the world's top aluminium producer, brought in record amounts of the metal last year as strong demand helped Shanghai prices overtake London prices, opening an arbitrage window for cheaper overseas metal.

Published 18 May, 2021 11:31am

World

EU, US move to end steel row and point to China

BRUSSELS: The EU and US took a step towards a post-Trump trade truce on Monday, agreeing to hold talks to end a...

Updated 18 May, 2021 09:36am

Markets

Monday’s early trade: Dow hits above 35,000 mark; Nasdaq drops

NEW YORK: The Dow Jones Industrial Average hit a record high on Monday on hopes that interest rates would remain...

Published 11 May, 2021 04:39am

Markets

LME official prices

LONDON: The following were Thursday official prices....

Published 08 May, 2021 03:30am

Markets

Copper scales record high on industry and speculative buying

• Aluminium touches three-year peak • Zinc surpasses $3,000 for 1st time since June 2018 • Lead hits highest...

Published 08 May, 2021 03:30am

Markets

Aluminium extends rally as China-Australia spat deepens

LONDON: Aluminium on Thursday approached levels not achieved since 2018, closing in on $2,500 a tonne as positive...

Published 07 May, 2021 04:35am

Markets

Copper rally to lose steam in H2 as China curbs stimulus

LONDON: A rally in copper prices is likely to stall in the second half of the year as top consumer China reins in...

Published 04 May, 2021 04:26am

Markets

LME official prices

LONDON: The following were Thursday official prices....

Published 01 May, 2021 03:28am

Markets

High prices putting China’s manufacturers off aluminium

SHANGHAI: A surge in prices for metals including aluminium is prompting users such as home appliance manufacturers ...

Published 01 May, 2021 03:28am

Markets

Copper retreats after breaking $10,000 level

LONDON: Copper slipped on Thursday after briefly punching above the $10,000 level, last broken a decade ago, as...

Published 30 Apr, 2021 05:06am

Markets

Copper hits 10-year peak

LONDON: Copper prices soared to 10-year highs on Monday as Chile supply concerns, sliding inventories, a weaker...

Published 27 Apr, 2021 03:02am

Markets

LME official prices

LONDON: The following were Thursday

Published 24 Apr, 2021 03:21am

Markets

Aluminium prices climb to 3-year high

LONDON: Aluminium prices climbed on Friday to three-year highs, fuelled by worries about supplies from top producer...

Published 24 Apr, 2021 03:21am

Markets

Copper dips

LONDON: Copper slipped on Thursday on worries about China capping commodities prices to curb inflation and as...

Published 23 Apr, 2021 05:12am

Markets

Copper prices up

LONDON: Copper prices firmed on Wednesday alongside a rebound in equities and a weaker dollar, though investor fears...

Published 22 Apr, 2021 03:55am

Markets

LME official prices

LONDON: The following were Thursday official prices

Published 17 Apr, 2021 03:28am

Markets

Supply woes in China, Russia fuel aluminium prices to multi-year highs

Russia is a major aluminium producer and a US sanction in 2018 had pushed LME aluminium prices to a seven-year high.

Published 15 Apr, 2021 12:05pm

Markets

Supply angst propels aluminium to multi-year high

LONDON: Aluminium prices rose on Wednesday to their highest in nearly three years on worries about supplies from top...

Published 15 Apr, 2021 03:22am

Markets

Shanghai aluminium near 10-year high on Chinese supply fear

Three-month aluminium on the London Metal Exchange rose 0.4% to $2,303 a tonne, having hit $2,313.50 a tonne, its highest since June 2018, earlier in the session.

Published 14 Apr, 2021 12:35pm

Markets