Tag: Inflation

Markets remained frazzled last week as the conflict in the Persian Gulf entered its fourth week – with no end in sight.

Last week was one for the history books, particularly for those involved in trading precious metals in any way, shape, or form. After weeks and months of relentless price increases, the complex staged one of its most dramatic one day sell-offs on record.

Base metals ended mostly lower last week as many complexes were quite overbought and arguably due for a correction.

Section 232's recurring inclusions, layered alongside overlapping and contested tariff regimes, have turned aluminum trade policy into a rolling mechanism that boosts GDP on paper, stokes inflation in practice, and leaves buyers navigating uncertainty as the only constant.

July's producer price index (PPI) and manufacturing survey (M3) data show an aluminum sector that looks steady on paper but is shrinking once inflation is stripped away, with costs cascading unevenly through the supply chain.

Tariffs and inflation have been playing havoc on prices and higher interest rates, and lending requirements have made financing more difficult.

Novelis just had its latest earnings call this Monday morning, February 10, 2025, and there’s a lot to unpack, some good, some challenging, and some that set the stage for where they believe the aluminum market is headed. Key numbers and performance Aluminum pricing and market conditions Novelis acknowledged that falling aluminum prices hurt them […]

Kaiser reported net income of $12 million for the third quarter.

What's influencing the market and shaping industry outlooks?

Wednesday afternoon, the Fed is scheduled to hold a news conference outlining its latest policy.