Today' Focus

        Hangzhou Jinjiang Group's general manager Zhang Jianyang, vice general manager Sun Jiabin and their team had  attended the SECOND BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION, they also attended the signing ceremony of comprehensive strateg...

International News

    Why Have Aluminum Prices Declined Over The Past Year?

  • China Aluminium Network
  • Post Time: 2016/5/10
  • Click Amount: 442

    Aluminum is a metal which has extensive industrial applications particularly in the commercial construction, automotive, aerospace, and packaging sectors. As a result, consumption of aluminum is tied to industrial growth. Weak demand for the metal as a result of subdued economic growth in China, which accounts for around half of the world's aluminum consumption, and contraction in Chinese manufacturing activity (as indicated by Manufacturing PMI data - a composite measure of economic activity in the manufacturing sector: a PMI reading above 50 indicates growth in activity, whereas a figure below 50 indicates a contraction) has resulted in a steady decline in aluminum prices over the past year or so.


    questions about Alcoa? See the links below.



    • What Is Alcoa's Revenue & EBITDA Breakdown?

    • What Is Alcoa's Fundamental Value Based On Expected 2015 Results?

    • By What Percentage Did Alcoa's Revenue & EBITDA Increase In The Last 5 Years?

    • How Has Alcoa's Revenue Composition Changed Over The Last 5 Years?

    • By What Percentage Can Alcoa's Revenue & EBITDA Grow In The Next 3 Years?



    What Is The Impact Of Alcoa's Enhanced Aerospace Focus On Revenue Growth From Aerospace End Markets?




    • With Alcoa Heading For A Split In 2016, What Will The Two Companies Look Like?

    • Which Are The Major Growth Areas For Alcoa Over The Next Three Years?

    • Alcoa's Q1 2016 Earnings Preview: Weakness In Aluminum Prices To Negatively Impact Revenue & Earnings


    Notes:


    1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com


    2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Alcoa


     


    See More at Trefis | View Interactive Institutional Research (Powered by Trefis)



    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





    Source: http://www.nasdaq.com/article/why-have-aluminum-prices-declined-over-the-past-year-cm618418
      Copyright and Exemption Declaration :①All articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ②Articles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ③If any articles copied by our website concern the copyright and other problems, please contact us within one week.