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The International Aluminum Institute reported that for the first month of this year, the volume of aluminum production in the world was 1.1% less than in January last year. Its volume amounted to 5 million 304 thousand tons. In comparison with the previous month, the decline in production was 3.5%. In South America, aluminum production fell by 25.5%, while enterprises in Western Europe reduced output by 4.7%. A decrease in aluminum output was also noted in China and other Asian countries. According to the IAI report, last year aluminum production increased by 1.5% to 64,340,000 tons.
Oil prices fell on Thursday after OPEC+ agreed to lessen output cuts from August, though the decline was dampened by a recovery in demand as U.S. crude stocks had an unprecedented drop. Brent crude slid 0.3%, or 13 cents, at $43.66 per barrel. ...
On Monday, world shares edged towards a five-month high and the U.S. dollar decreased in late trading as investors anticipated that the earnings season would see most companies beat revenue forecasts in light of the lifted coronavirus restrictions. The ...
Tesla Inc will be manufacturing mobile molecule printers in an attempt to aid Germany’s biotech firm CureVac in developing a potential COVID-19 vaccine, according to a tweet by the electric-car maker’s CEO Elon Musk on Wednesday. CureVac ...
The European aviation Airbus (AIR.PA) announced on Monday that its airplane production and deliveries would be 40% lower for the next two years compared to its planned pre-crisis strategy. The CEO's comments underscore the threat to jobs as ...
On Wednesday, the Trump administration said that it would push for a broad reset of “outdated tariff determinations” at the World Trade Organization (WTO) to arrange what it sees as years of unfair treatment of the United States. According ...
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