March 2016

ALUMINA INDEX: Upside limited as gains likely to encourage refineries to review cuts

Alumina prices continued to rise into March, and a recovering market is expected to have meant a return to profitability for some of the refineries which announced production cuts in recent months.

MONDAY BRIEF: Infographic for March 7

The infographic for Monday March 7.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday March 4:

BAUXITE & ALUMINA CONF: 50% of refineries operating at a loss at $210 – WoodMac

Half of alumina refineries were underwater while spot prices were at $210 per tonne earlier this year, according to market researcher Wood Mackenzie’s senior analyst, Ami Shivkar.

PROFILE: 'India is on the right track' – Vedanta's Anil Agarwal

Vedanta chairman Anil Agarwal has spent a lifetime building a major international resources company. Andrea Hotter asks him about highlights of that path and his vision for the future of Vedanta and India.

BAUXITE & ALUMINA CONF: Structural change needed in shipping for Atlantic bauxite to compete in China

Only a structural change in the shipping market will enable Atlantic bauxite to take a larger share of China’s imports, according to Snorre Blix, gm of Cabu Chartering at shipping company Klaveness.

BAUXITE & ALUMINA CONF: Quality, location give Bel Air mine the edge – Alufer ceo

The quality of bauxite at Alufer’s Bel Air resource and its location in Guinea position it for success even in a challenging market, the company’s ceo Bernard Pryor told delegates at Metal Bulletin’s 22nd Bauxite & Alumina conference.

BAUXITE & ALUMINA CONF: Indonesian government will amend export ban

Indonesia plans to adopt a “more realistic approach” to the export of bauxite and other minerals, and will amend its law accordingly, the vice chairman of Indonesia’s Asahan Authority said.

UK secondary aluminium prices edge up on sentiment; margins still squeezed

UK secondary aluminium prices inched higher on Wednesday March 2, as sentiment climbs on the anticipation of strong buying by consumers in the coming weeks.

BAUXITE & ALUMINA CONF: Alumina refinery cuts hitting North American caustic soda demand – IHS

Curtailments of North American alumina refinery capacity have led to weak demand for raw materials such as caustic soda, a director at IHS Chlor-Alkali said.