Holiday notice: Independence Day
Aluminum Market Update will be closed Friday in observance of Independence Day.
Aluminum Market Update will be closed Friday in observance of Independence Day.
AMU is excited to host our inaugural Aluminum Summit in August featuring market analysis and networking opportunities to equip professionals with the latest insights.
LME aluminum market participants broadly reduced long and short positions during June as prices retreated, although longer-term participation trends remained relatively unchanged.
With a tenuous memorandum of understanding signed between the US and Iran, crude oil prices continued to sell off this past week, although the declines were not as steep as what we saw in the week prior.
Canovation this month announced a collaboration with Canpack, a global packaging manufacturer, to help bring its CanReseal technology toward commercialization and pilot-scale deployment.
LME Clear increased member renminbi collateral limits, shortened collateral notice periods and approved Hong Kong warrants for collateral use.
There were a number of dizzying geopolitical headlines coming out of Washington and the Persian Gulf this past week that played havoc with the various markets.
Aluminum Association of Canada's Jean Simard outlines how the upcoming CUSMA review could strengthen North American aluminum market integration through greater transparency, stronger enforcement and closer trade-policy coordination while preserving the agreement's existing framework.
Demand totaled an estimated 26.65 billion pounds in 2025, a year marked by an ever-shifting tariff environment, the association said.
Netback calculation is a mechanism to determine the highest revenue return for a product expressed on an FOB smelter basis.