
Kaiser Aluminum Reports In-Line Q1 EPS
Kaiser Aluminum (NASDAQ:KALU) reported Q1 EPS of $0.66, in-line with the analyst estimate of $0.66. Revenue for the quarter came in at $949 million versus the consensus estimate of $861.59...
Kaiser Aluminum (NASDAQ:KALU) reported Q1 EPS of $0.66, in-line with the analyst estimate of $0.66. Revenue for the quarter came in at $949 million versus the consensus estimate of $861.59...
WASHINGTON, April 14, 2022 (GLOBE NEWSWIRE) -- Nearly four years since the Section 232 tariffs on aluminum took effect, the U.S. beverage industry alone has paid more than $1.4 billion in...
Credit Suisse analyst Curt Woodworth downgraded Alcoa (NYSE:AA) to Neutral from Outperform with a price target of $82.00 per share, up from $67.00. Woodworth sees LME aluminum prices...
Companies are investing in recycling scrap to meet rising demand for aluminum.
By Dhirendra Tripathi Investing.com – ADRs of Rio Tinto (NYSE:RIO) traded 0.4% higher in premarket Wednesday as high iron ore prices and strong demand from its top consumer China led the...
(Bloomberg) -- Aluminum hovered near the strongest level since 2008 as traders assessed the impact of an easing of geopolitical tensions over Ukraine and the persistent pressure of soaring...
(Bloomberg) -- President Joe Biden returned to the U.S. from summits in Europe with his economic agenda still stuck in Congress and his party’s political fortunes darkened by an electoral...
(Bloomberg) -- Base metals were mixed, with copper paring a weekly slump, as the global energy crisis kept roiling the energy-intensive sector. Aluminum fell by the daily limit in Shanghai...
By Geoffrey Smith Investing.com -- The European Central Bank may announce it will reduce its bond-buying program, while Federal Reserve speakers hint that weak recent economic data aren't...
(Bloomberg) -- Aluminum has overtaken copper as the second-best performer on the London Metal Exchange this year as a tight global market helps to offset worries about China’s planned...
By Geoffrey Smith Investing.com -- The Federal Reserve starts to get nervous about high asset prices and leverage, nonfarm payrolls are expected to hit nearly 1 million in April, and strong...
By Geoffrey Smith Investing.com -- The rally in stock markets may be faltering, but it seems like nothing can stop the commodities juggernaut in 2021. Since the start of the year, crude oil...
(Bloomberg) -- Copper’s stunning rally toward its highest level since 2011 is showing no signs of abating, with bulls swarming in to profit as stimulus measures, vaccine rollouts and climate...
By Geoffrey Smith Investing.com -- Federal Reserve Chairman Jerome Powell starts two days of Congressional testimony as fears about inflation push 30-year bond yields to new highs. Lucid...
By Geoffrey Smith Investing.com -- Prices for base metals touch 10-year highs as reflation bets weaken the dollar and long-dated bonds. Stocks are set to open lower as analysts rejig their...
(Bloomberg) -- The London tin market is facing the biggest supply squeeze in at least three decades as dwindling inventories, robust industrial demand and rising investor interest boost spot...
By Geoffrey Smith Investing.com -- Silver mining stocks were, inevitably, the standout winners in European markets on Monday morning after a slew of reports highlighting a surge in interest...
By Geoffrey Smith Investing.com -- For emerging markets, the new year has carried on much where the old one left off: a combination of loose global monetary policy and expectations of a...
By Geoffrey Smith Investing.com -- Gold prices drifted fractionally higher on Monday as U.S. markets remained closed for the Martin Luther King holiday while European ones were content to...
(Bloomberg) -- The trade war between the U.S. and China that’s clouded the global growth outlook will have a lasting negative effect on aluminum demand, Norsk Hydro ASA (OTC:NHYDY)...
(Bloomberg) -- Political uncertainty means there’s no time like the present when it comes to commodities trading, according to Goldman Sachs Group Inc (NYSE:GS). Traders are less...
(Bloomberg) -- The aluminum market risks being thrown back into turmoil after the world’s largest refinery of a key raw material shut down. Norsk Hydro ASA said it will temporarily...
(Bloomberg) -- Aluminum faces a “doomsday scenario” if the U.S. proceeds with sanctions on United Co. Rusal in October, according to Wood Mackenzie Ltd., which says prices could...
(Bloomberg) -- The mayhem in industrial metals is creating waves across $1.4 billion of exchange-traded products tracking the sector. Their prices are whipsawing, investors are bailing, and...
Investing.com - Copper and gold prices fell to the lowest levels in a year on Thursday amid a wider selloff in metals fueled by the stronger dollar and building trade tensions. Copper...
(Bloomberg) -- Donald Trump’s attempts to re-balance global trade have already sent the metals world into a tizzy. As countries respond to U.S. tariffs and sanctions, the disarray is...
(Bloomberg) -- The U.S. sanctions against United Co. Rusal have caused havoc across the aluminum industry. But for one struggling commodity trader, they have proven a veritable...
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