April 2016

Brazil’s bauxite exports in March rise y-o-y as sales to China more than double

Brazilian bauxite exports in March increased by 36.5% on an annual basis, boosted mainly by higher volumes shipped to China and Canada, according to the country’s foreign trade ministry, MDIC.

Brazil's alumina export volumes increase 14% year-on-year in March

Brazil's alumina exports grew 14.1% year-on-year in March, led by higher volumes shipped to Canada, according to figures from the country's foreign trade ministry, MDIC.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday April 29:

UC Rusal to restart Friguia in Jan, extends Dian-Dian mine construction

UC Rusal is to restart its Friguia bauxite and alumina complex in January and has reached a deal with the Guinea government to extend the construction of the Dian-Dian bauxite mine out to the end of 2017.

UK secondary Al producers fight to maintain ingot prices, margins

UK secondary aluminium producers are doing all they can to maintain margins after recent currency moves put pressure on ingot prices.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday April 27:

Hydro’s Q1 earnings drop on alumina, aluminium prices

Norsk Hydro’s earnings before interest, taxes, depreciation and amortisation (Ebitda) fell 39% year-on-year to NOK 2.7 billion ($330 million) in the first quarter, amid lower aluminium and alumina prices.

China bauxite imports climb in March as Guinea supply surges

China’s bauxite imports rose by 16.1% year-on-year in March, as supply from Guinea surged, according to Chinese customs data.

ALUMINA INDEX: Rally in aluminium prices supports alumina’s move higher

Alumina prices edged higher last week as aluminium prices rallied, though market sources cautioned that demand for the raw material is still limited.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

All MB non-ferrous European scrap prices were unchanged on Friday April 22.