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

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 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 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
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
France CAC40 / Dec 30	7,313.56
India Sensex / Dec 31	78,017.14

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.63 ▲ 0.63 (15.75%)
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.70 ▲ 0.40 (12.12%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Liven Pharma / Dec 31 Liven Pharma Limited(LIVEN)	150.54 ▲ 13.69 (10.00%)
Pak Paper Prod / Dec 31 Pakistan Paper Products Limited(PPP)	149.90 ▲ 13.63 (10.00%)
Suhail Jute / Dec 31 Suhail Jute Mills Limited(SUHJ)	131.86 ▲ 11.99 (10.00%)

Stock	Price
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.82 ▼ -22.64 (-10.00%)
Blue-Ex Ltd / Dec 31 Blue-Ex Limited (GEM)(GEMBLUEX)	43.35 ▼ -4.81 (-9.99%)
Mehmood Tex / Dec 31 Mehmood Textile Mills Limited(MEHT)	600 ▼ -65.37 (-9.82%)
Olympia Mills / Dec 31 Olympia Mills Limited(OML)	36 ▼ -3.89 (-9.75%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	431.49 ▼ -41.64 (-8.80%)
First Tri-Star Mod. / Dec 31 First Tri-Star Modaraba(FTSM)	13.30 ▼ -1.12 (-7.77%)
JS Investments / Dec 31 JS Investments Limited(JSIL)	22 ▼ -1.71 (-7.21%)
Asia Ins. / Dec 31 Asia Insurance Company Limited(ASIC)	13 ▼ -0.99 (-7.08%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	133,449,089 ▲ 0.54
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▲ 0.00
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▼ -0.08
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.03
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.09
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.59
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	36,177,133 ▲ 0.80
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	30,677,994 ▲ 1.00
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.83

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