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Warehouses raise rentals for aluminiumWarehouses registered by the LME will raise average rental rates for aluminium by 3.6 per cent this year, more than double the increase for the previous year, partly offsetting the impact of falling load-out queues. Owners of Lond More… |
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Hedging 'is useful tool to manage risk on LME'Members of the global metal community can use hedging to manage their price risk on the London Metal Exchange (LME), an expert told participants of a workshop in Bahrain yesterday (November 25). According to LME's senior busin More… |
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Aluminium pricing may never be the same againThe splintering of the global aluminium price is becoming ever more acute. Physical premiums on both sides of the Atlantic have just sailed through the $500 per tonne level, widening the disconnect between the global reference price set on the L More… |
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Alba 2012 revenue plunges 54pcAluminium Bahrain, one of the largest aluminium smelters in the world, said its revenue for 2012 fell 54 per cent year-on-year to $257 million from $564 million the year before mainly due to a sharp drop in company sales driven by lower LME pric More… |
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Alba 'playing crucial role in metals industry'Aluminium Bahrain (Alba) is committed to playing a crucial role in contributing to developments in the metals industry, said its chairman Mahmood Al Kooheji, while speaking at the London Metals Exchange (LME) meeting. This commitment is re More… |
