Crude Oil Prices

U.S. Aluminum Prices Remain High After Novelis Fire Hit Supply Chain

A fire at Novelis’ Oswego facility knocked out 40% of U.S. auto-grade aluminum sheet capacity, forcing the company to declare force majeure. The disruption, combined with 50% import duties, pushed the ...
Crude Oil Prices

Aluminium Prices Fall From Early-December Peak

Despite the recent short-term bounce, aluminum prices have not quite reversed to the upside following their long decline from March 2022. Ultimately, the rally between November and December was not ...

Aluminum prices rise amid U.S.-Israel-Iran conflict

Aluminum prices have been on the rise since the U.S.-Israel-Iran conflict started, as the geopolitical tensions have disrupted the flows of the metal. Aluminum futures ( LMAHDS03:COM) were up 1.87% to ...
Shanghai Metals Market

SHFE/LME Price Ratio Continued to Weaken, Aluminum Prices Were Expected to Fluctuate at Highs in the Short Term [SMM Aluminum Morning Meeting Summary]

The SHFE/LME Price Ratio Continued to Weaken, and Aluminum Prices Were Expected to Fluctuate at Highs in the Short Term] Against the backdrop of continued tightening LME liquidity, LME aluminum still ...
Shanghai Metals Market

Aluminum Prices Plunged Sharply, with No Significant Uptick in Market Purchasing Sentiment [SMM Spot Aluminum Midday Commentary]

In early trading, SHFE aluminum 2603 moved lower, with the price center dropping sharply from the previous trading day. Today, purchasing sentiment was not significantly driven by aluminum prices; ...