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Posts related to ‘aluminum’

Pouring molten steel

More Layoffs or Worker Furloughs Coming to Alcoa

Alcoa Inc. (NYSE: AA) remains pressured to build up its earnings in a very difficult environment. Now the company has announced that it will "review 460,000 metric tons of smelting ...
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Glencore May Have Aided Iran Nuclear Program — Reuters

For more than a year now, the big story about Glencore International Ltd. has been its effort to take over mining company Xstrata. But an exclusive report at Reuters today ...
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Alcoa and the Sum of its Parts

Here we go again. We’d all feel cheated if a year were to pass without chatter about the possibility of a takeover of Alcoa Inc. (NYSE: AA). In 2007, BHP ...
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Steel’s Slow-Motion Recovery (AKS, X, NUE, STLD, MT, AA)

Global demand for steel remains weak even as prices for iron ore rise slightly indicating that steelmakers could be in for another tough quarter. As if on cue, AK Steel ...
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London Metals Exchange Moving to Hong Kong (NYX, ICE, CME)

The world’s largest base metals market is moving to the Far East. The 135-year-old London Metals Exchange (LME) has agreed to be acquired by Hong Kong Exchange & Clearing (HKEx) ...
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Another Look at Expected Gains in Metals and Materials Stocks (X, NUE, STLD, NEM, ABX, SLW, FCX, SCCO, TIE, AA, MCP)

In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor ...
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Commodity Watch: Stirring the Aluminum Pot (AA, CENX, AWC, KALU, NOR, ACH, KO, GS, RIO, JJU)

Aluminum prices climbed by more than 10% from January through April this year, to rise above $1.22/pound before losing all it had gained and returning to about $1.10/pound. At today's ...
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Commodities Watch: Aluminum Prices Reach 3-Year High; Silver Still Sliding; Not Much US Corn in the Ground Yet; USDA Lifts Cotton Import Quota (CORN, DBA, BAL, AA, RIO, SLV, ZSL)

Today's commodities news starts off with new highs for aluminum, and still falling silver prices, low numbers on corn plantings, and lowering of the outlook for cotton. As prices for ...
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Earnings Warnings Foreshadow Less-Robust Earnings Season Ahead (AA, BTU, LIZ, LOCM, YHOO, AMZN, EBAY, XRTX, TGT, BBY, TRID, WMT, AAPL, GOOG, MSPD, CSCO, JNPR, FDO)

The next round of earnings officially kicks off next week with Alcoa Inc. (NYSE: AA) first out of the blocks on Monday. We're taking advantage of the occasion to preview ...
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