Carole Vaporean

Position: Journalist

Articles

BofA sees aluminum staying weak in 2010-analysts November 09, 11:19pm EST 

NEW YORK, Nov 9 (Reuters) - Aluminum prices should remain weak into 2010, with smelters expected to restart some idled production despite a surplus already overhanging the global market, keeping prices at "bearish" levels, according to a Bank of America ...  Full Article 

Blog Posts

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Base metals ripe for downside corrections

USA/After an interview this week for Reuters Investment Summit, Brian Fabbri, chief U.S. economist at BNP Paribas said he did not think gains in base metal prices over the last 3 months accurately reflect how weak fundamentals are, especially in the economies of major users U.S., Europe and Japan, adding that industrial metals prices would need to correct lower.  Full Article | Comments [2] 

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Did Rio turn the iron ore tables?

                             Global miner Rio Tinto said it had an excellent relationship with Chinalco, despite a decision to scrap a proposed $19.5 billion tie up with the Chinese firm ...  Full Article 

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Will Russia cut aluminum production after winter thaw?

On Alcoa's quarterly conference call this week, CEO Klaus Kleinfeld pointed out that there is currently a 1.4 million tonne aluminum surplus in the world outside of China, and therefore to expect more ...  Full Article