Century Aluminum Company's (NASDAQ:CENX) Stock Is Going Strong: Is the Market Following Fundamentals?
Revenues Not Telling The Story For Century Aluminum Company (NASDAQ:CENX) After Shares Rise 27%
Asian aluminum oxide futures prices hit a new high. The American aluminum industry (AA.US) and Century Aluminum (CENX.US) rose before the market opens.
Due to global supply disruptions and strong demand in China, the primary raw material market for aluminum smelters continues to tighten, causing the Shanghai aluminum oxide futures prices to soar to a historic high.
Express News | Alcoa up 3.3%, Century Aluminum up 2.3%
Express News | U.S.-Listed Shares of Aluminum Companies Rise Premarket as Alumina Prices Hit Record High
Alcoa Rallies as Alumina Futures in Asia Keep Hitting Records
China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with the multiple measures of China's monetary and fiscal stimulus policies, not only has it driven the A-share market to soar, but it has also helped some global csi commodity equity index, showing a rebound similar to a "dragon wagging its tail"... On Thursday, London copper steadily rose above the $10,000 integer mark, Singapore iron ore futures reclaimed the 100 mark, and spot silver prices reached a 12-year high!
Shares of Metal and Material Companies Are Trading Higher Following a Report Suggesting China Will Issue up to $284 Billion of Sovereign Debt as Part of a Stimulus.
US stocks anomaly|Nonferrous metal stocks strengthen again, leading the way for aluminum and copper metals.
Gelonghui September 26th | Aluminum industry in the USA rose more than 8%, Century Aluminum, Southern Copper, and Freeport-McMoRan Copper & Gold rose more than 7%, Kaiser Aluminum rose more than 3%.
U.S. Aluminum Industry Needs More Recycled Metal -- Market Talk
BofA Sees Aluminum Prices Trading At $3,000/t ($1.36/Pound) Next Year; Expects Aluminum Supply To Rise By Only 1.3% YoY In 2025, Versus 3.7% On Average In The Past Decade
Base Metal Prices Fall, Though Copper Looks to Benefit From Rate Cuts -- Market Talk
Shares of Companies in the Broader Industrial Space Are Trading Higher Following the Fed's Announcement to Cut Rates by 50 Basis Points Yesterday, Which Could Support Investment and Economic Growth.
Century Aluminum Resumes Operations at Jamaica Port; Expects Lower Production in Iceland
Century Announces Resumption of Normal Shipping Operations at Jamalco Refinery
After "getting the US bond right", BofA's Hartnett: gold hedge against "secondary inflation", the best "contrary trade" is oil and metals.
Hartnett believes that whether it is Harris or Trump who finally becomes the President of the United States, it will not change the trajectory of the expanding government debt and ballooning deficit in the United States. Therefore, the market will turn to gold in a flight-to-safety sentiment, and it is expected that the price of gold will rise to $3,000 per ounce.
Shares of Companies Within the Broader Metals and Mining Sector Are Trading Lower Amid Overall Market Weakness. Weakness May Be Due to August's ISM Manufacturing PMI Data Indicating an Economic Contraction and Pending Non-farm Payrolls Data That May...
Room for Copper to Catch up After Aluminium Outperformance
Demand Is a Risk, but Supply Constraints Bullish for Copper - Jefferies
Aluminium Continues to Rally Amid CTA Buying Activity – TDS