Monday 29 December 2014

Hedging 'is useful tool to manage risk on LME'

Members of the global metal community can use hedging to manage their price risk on the London Metal Exchange (LME), an expert told participants of a workshop in Bahrain yesterday (November 25). According to LME's senior busin


Aluminium pricing may never be the same again

The splintering of the global aluminium price is becoming ever more acute. Physical premiums on both sides of the Atlantic have just sailed through the $500 per tonne level, widening the disconnect between the global reference price set on the L


Alba 2012 revenue plunges 54pc

Aluminium Bahrain, one of the largest aluminium smelters in the world, said its revenue for 2012 fell 54 per cent year-on-year to $257 million from $564 million the year before mainly due to a sharp drop in company sales driven by lower LME pric


Alba 'playing crucial role in metals industry'

Aluminium Bahrain (Alba) is committed to playing a crucial role in contributing to developments in the metals industry, said its chairman Mahmood Al Kooheji, while speaking at the London Metals Exchange (LME) meeting. This commitment is re

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