Trends - aluminium production - Business Recorder

aluminium production

Bumper green aluminium output is good news for carmakers, and climate

Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead,...

Published 18 Dec, 2022 03:36am

Markets

Copper retreats on projected demand slowdown

LONDON: Copper prices slipped on Tuesday as the market focused on slowing growth and demand around the world, though...

Published 26 Oct, 2022 05:52am

Markets

China aluminium output up

BEIJING: China’s primary aluminium production rose 3.2% to 3.39 million tonnes in June from a year earlier,...

Published 17 Jul, 2022 05:19am

Markets

Global shortages propel aluminium to four-month peak

LONDON: Aluminium prices scaled a four-month peak on Monday as worries about supplies from top producer China and...

Published 08 Feb, 2022 06:10am

Markets

Aluminium sector needs $1.5 trillion just to decarbonise power

LONDON: About $1.5 trillion of investment is needed to decarbonise electricity supplies used to make aluminium so ...

Updated 26 Oct, 2021 09:48pm

Markets

Shanghai aluminium up on supply woes

SHANGHAI: Shanghai aluminium prices rose on Friday, hovering near a 11-year high, on supply worries in China amid a...

Published 31 Jul, 2021 04:05am

Markets

Copper falls on China's pledge to cool prices, low premiums

Benchmark three-month copper on the London Metal Exchange (LME) eased 1.5% to $9,834.50 per tonne in official trading.
Copper inventories climbed 2,100 tonnes to a one-month high of 131,775 tonnes.

Published 10 Jun, 2021 08:26pm

Markets

Copper falls on China's pledge to cool metals prices

Benchmark three-month copper on the London Metal Exchange (LME) eased 1.5% to $9,832 per tonne.
China is looking to release 800,000-900,000 tonnes of primary aluminium.

Published 10 Jun, 2021 06:21pm

Business & Finance

China's Tsingshan to ramp up aluminium production in Indonesia in 2023

Tsingshan made a name for itself in the global nickel market by investing heavily in Indonesia, which banned nickel ore exports from 2020.
Tsingshan would ramp up capacity to 500,000 tonnes per year in 2023, without providing a time for the start of production.

Published 08 Jun, 2021 05:28pm

Markets

Copper retreats on fears over Chinese price crackdown

Copper on the London Metal Exchange (LME) was set for its biggest weekly drop since September 2020 after a sizzling rally with near 40% gains since the start of the year to a record peak of $10,747.50 last week.
Three-month LME copper had slid 1.6% to a two-week low of $9,884 a tonne, down 3.5% on the week.

Published 21 May, 2021 08:20pm

Markets

Russia's Rusal to upgrade technology for 35pc of smelter capacity to cut emissions

The new cells will have the same total annual production capacity - of 1.4 million tonnes of aluminium. These four smelters in total produced 2.7 million tonnes of aluminium in 2020, or 71% of the company's output.
The 10-year project will start this year, and investments, which the Hong Kong-listed Rusal is yet to disclose, will peak in 2022-2027.

Published 14 Apr, 2021 08:41pm

Markets

China Jan-Feb aluminium output rises on new capacity increase

SHANGHAI: China’s aluminium production rose 8.4% in the first two months of 2021 compared with the same period ...

Published 16 Mar, 2021 04:43am

Markets

China Jan-Feb aluminium output rises

SHANGHAI: China’s aluminium production rose 8.4% in the first two months of 2021 compared with the same period ...

Published 16 Mar, 2021 04:43am

Markets

China Hongqiao profit hits record on high aluminium prices; output falls for 3rd year

Shandong-based Hongqiao posted annual net income of 10.5 billion yuan ($1.62 billion) last year, according to a filing to the Hong Kong stock exchange on Friday.
Revenues were up only 2.3% year-on-year to 86.14 billion yuan, however, with Hongqiao also attributing its bumper earnings to lower production costs and lower impairment losses compared with a year earlier.

Published 05 Mar, 2021 06:05pm

Markets

Aluminium gains on concern about Chinese supply

Three-month aluminium on the London Metal Exchange was up 0.3% at $2,219 a tonne.
Decarbonisation and moving to the carbon neutral target will be a key focus at the two sessions in Beijing this week so that's why aluminium and steel would be in the spotlight because they are energy intensive industries.

Published 03 Mar, 2021 06:00pm

Markets

Aluminium hits two-month low as inventories and output climb

Zinc touches weakest in two months.
Copper gains ahead of speech by US Treasury Secretary nominee.

Updated 19 Jan, 2021 11:13pm

Markets

Aluminium hits two-month low as inventories, output climbs

In the short term, you have those inventory rises from both markets, China and ex-China.
The stock gains in China were expected ahead of the Lunar New Year holiday, which kicks off in mid-February, Yao added.

Published 19 Jan, 2021 06:23pm

Markets

China ramp up to rein in aluminium price bulls

US and Western Europe aluminium deficit around 4 mln T each.
JPMorgan expects 2.4 million tonne surplus this year.

Published 18 Jan, 2021 05:44pm

Markets

China 2020 aluminium output roars to annual record high

She sees aluminium production in China, which aims to cap its annual capacity at around 45 million tonnes, growing by another 6.5% in 2021.

Published 18 Jan, 2021 11:16am

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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