TOPSHOT – US Presidential candidate and former US Vice President Joe Biden gestures as he addresses … [+] supporters and curious voters at the IBEW Local 490 in Concord, New Hampshire on F...
Tag: Aluminum
Citi sees a 35% upside in this aluminum stock
Alcoa Corp (NYSE: AA) down about 45% versus its record high last year is an opportunity to buy a quality name at a deep discount, says Alexander Hacking – Equity Research Analyst at Citigroup. Alcoa s...
Russian Aluminum Tariffs Mostly Good For Speculators, Not Much Else
The logo of Russian aluminum giant Rusal is pictured on its headquarters in Moscow on April 18, … [+] 2021. (Photo by Kirill KUDRYAVTSEV / AFP) (Photo by KIRILL KUDRYAVTSEV/AFP via Getty Images)...
Goldman Raises Aluminum Forecasts on Higher Chinese and European Demand
(Bloomberg) — Most Read from Bloomberg Goldman Sachs Group Inc. raised its price forecasts for aluminum, saying higher demand in Europe and China could lead to supply shortages. The metal will p...
Electric-Vehicle Industry Prizes Steel Over Aluminum, Cleveland-Cliffs CEO Says
(Bloomberg) — Electric-vehicle makers are choosing steel over aluminum as the preferred metal for automotive bodies, says the top executive at the largest steel provider to the US car industry. ...
New Commodity-backed Digital Token Introduces an Aluminum Standard
Place/Date: – July 6th, 2022 at 5:37 pm UTC · 2 min read Source: Luminium Coin Luminium Coin, a project setting a global “aluminum standard,” announced its official launch with more than $100,00...
‘Fake’ Aluminum Stocks Put Perils of China’s Commodities Funding in Spotlight
(Bloomberg) — The opaque world of funding commodities trading in China is again under the spotlight. Most Read from Bloomberg This time, metals markets are fixated on an incident in the southern...
World’s Biggest Solar Plant To Decarbonize Aluminum Industry In Saudi Arabia
The Saudi Arabian Mining Company will buy industrial solar-generated steam from GlassPoint. GlassPoint Saudi Arabia will host the world’s biggest solar thermal plant. The facility will generate steam ...
Chinese Traders Find Aluminum Stocks They Financed May Not Exist
(Bloomberg) — Several Chinese traders are complaining that they were duped into providing loans against artificially inflated aluminum stockpiles, less than a decade after the market was roiled ...
Alcoa Sinks as Aluminum Shipments Fall in Sign of Waning Demand
(Bloomberg) — Alcoa Corp. sales slumped as prolonged supply chain disruptions curbed shipments, raising concern that the tie-ups may erode customer demand for metal. Most Read from Bloomberg The...
Russian Aluminum Company Chairman Urges Investigation Of Bucha Massacre
Topline The head of the Russian metals company Rusal, the world’s second largest aluminum firm, on Thursday called for a “thorough” investigation of the attacks in Bucha in a rare rebuke of the war co...
Threat Of War Fuels Surging Aluminum, Gold Prices As Experts Warn Inflation ‘Shock’ Could Tank Stocks
Topline As escalating tensions between Russia and Ukraine pushed oil prices to seven-year highs Tuesday, the threat of military conflict in the region also fueled strong price gains for a slew of othe...
Could Apple WiFi chips just be a ploy to get a better deal from Broadcom?
Broadcom Inc. shares fell Tuesday following reports that Apple Inc. was working on its own radiofrequency (RF) chips, but one analyst wondered whether those plans would get shelved if the chip maker o...