Wt Aluminium Discussion Threads

[arja] 12/10/2021 15:01

lovely looking chart and wonder if I can trade this with a CFD !

[halogen] 24/2/2012 19:48

Hello seems people are beating the door down on this thread,first post for 2012,a serious point a neighbour of mine is now collecting all his alu drink cans instead of leaving them out to be recycled,,is there any point,how many would you need to say get £100 in money,i would of thought 2000 maybe,

[notanewmember2] 19/5/2011 08:36

Please wait 10 months for your aluminium. Thank you

[nabcom] 30/12/2009 07:28

China's aluminum demand to shoot up by 15%
December 30, 2009 02:35:00 IST


BEIJING (Commodity Online): Aluminium demand in China is expected to grow by 15% in 2010 on the back of revival in construction and auto segments.

According to reports, long term prospect of aluminium is bright as China is still in the middle of completing urbanization and its metal intensive growth is likely to continue for many years to come. It added that about 65% of aluminium consumption is in the east and middle south China. The urbanization of North West and south west has great potential for aluminium demand.

In the short term, overcapacity, plenty of inventories and reopening of smelters due to return to profitability will cap any upswing in aluminium prices.

However, the current average cost of the Chinese smelters is $2,000 and is rising further due to increase in bauxite and alumina and coal and power prices. These cost push factors provide a strong floor for aluminium prices.

[hectorp] 10/7/2009 09:19

Klaus Kleinfeld, chief executive officer of New York-based Alcoa Inc., said he's "very optimistic" about sales as China's economy and the U.S. automotive industry start to recover.

'Bottoming Out'

"Things are bottoming out, and they are even coming back in some sectors," Kleinfeld said in a Bloomberg Television interview on July 7. "I'd mention the automotive sector" as one area of improvement, he said.

[hazelton] 10/4/2009 10:44

I am a small holder here too , the top chart looks enticing like many of the industrial metals. I have not seen a chart for aluminium like the lower one , it gives one a bit of confidence does it not.