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Metals
Alcan to up 6063 aluminum extrusion billet base price by 2 cents
Rio Tinto Alcan is increasing its base price for 6063 aluminum extrusion billet by 2 cents/lb on new business placed for shipment on or after October 1, it said in a customer letter obtained by Platts....More...
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Aluminum hits all-time record highs despite weak demand
Aluminum may have been responding to two different events in the week ending July 11 when it hit a succession of all-time price Global Aluminum markethighs , but the market remains divided over the medium-term direction, given that world fundamentals point to weak demand and rising stock levels.
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Steel Markets DailyTurkey's Erdemir Group posts record net income in H1
Turkey's largest steel maker Erdemir Group said net income for the first half of 2008 rose to Turkish lira 854.8 million ($696.7 million), marking a 118% increase over the comparable period in 2007. Read more...
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