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LME Aluminium. LME Aluminium (or LME Aluminum in American and Canadian English) stands for a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of primary Aluminium that can be used for price hedging, physical delivery of sales or purchases, investment, and speculation. [1]
The aluminium price-fixing conspiracy was an effort by Goldman Sachs, JPMorgan Chase, Glencore and their warehouse companies to inflate the price of aluminium by creating artificial supply shortages at their warehouses between 2010 and 2013. Although it was described by others as just a conspiracy theory, [1] [2] in a July 2013 article, David ...
Data from USGS. The aluminum industry in the United States in 2023 produced 860 thousand metric tons of aluminum from refined metal ore (primary production), at six smelters. In addition, US industry recycled 3.4 million tons of aluminum (so-called secondary production aluminum). [1] Total annual imports of metal and alloy for use in secondary ...
The Dow Jones Industrial Average slipped less than 0.1% to 41,606.18 from its own record set the day before, while the Nasdaq composite edged up by 35.93, or 0.2%, to 17,628.06.
2024 aluminium alloy. 2024 aluminium alloy is an aluminium alloy, with copper as the primary alloying element. It is used in applications requiring high strength-to-weight ratio, as well as good fatigue resistance. It is weldable only through friction welding, and has average machinability. Due to poor corrosion resistance, it is often clad ...
Presently, Kaiser Aluminum Warrick operates a cast house, hot mill, cold mills, finishing mills/coating lines, and slitter lines, producing flat rolled aluminum sheet for the food and beverage container market. [5] In July 2021, Kaiser Aluminum announced plans to construct an additional roll coating line at Kaiser Aluminum Warrick, at a cost of ...
The real price declined until the early 1970s; [131] in 1973, the real price equaled $2,130 per metric ton (in 1998 United States dollars). [104] The main drivers of the drop in price was the decline of extraction and processing costs, technological progress, and the increase in aluminium production, [ 131 ] which first exceeded 10,000,000 ...
Stock market prediction. Stock market prediction is the act of trying to determine the future value of a company stock or other financial instrument traded on an exchange. The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available ...
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