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Aluminum production in the world increased in July this year by 2.8% in annual terms to 5 million 472 thousand tons, according to the International Aluminum Institute. The most significant drop in production was recorded in South America - by 19.3%, and in North America - by 6%. At the same time, a significant increase in the output of metal - by 16%, was observed in Asia without taking into account the PRC. In China, production increased by 3.8% to 3 million 110 thousand tons. According to the IAI, the average daily output of aluminum increased to 176.5 thousand tons from 171,8 tons a year earlier. Over the period from January to July, world aluminum production decreased by 0.5% to 37 million 232 thousand 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On Wednesday, the Trump administration said that it would push for a broad reset of “outdated tariff determinations” at the World Trade Organization (WTO) to arrange what it sees as years of unfair treatment of the United States.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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