LME aluminum prices return to pre-conflict levels
LME aluminum prices returned to February levels despite a 50% decrease in warehouse inventories and a substantial narrowing of the cash-to-three-month contango.
Tag: Primary aluminum
LME aluminum prices fall into October
LME aluminum prices moved lower into October as on-warrant stocks declined and investment firms reduced net-long exposure.
Indonesian exports soar in August
Indonesian unwrought aluminum exports increased sharply in August, with the US and South Korea accounting for a growing share of shipments.
EGA expands UAE east coast route with Gulftainer
EGA will route up to 250,000 metric tons of aluminum through the UAE’s east coast in the first year of a new agreement with Gulftainer.
Rio Tinto-RevoCast billet deal targets North America
Rio Tinto will exclusively market billet from RevoCast’s new British Columbia plant under a long-term agreement combining primary and recycled aluminum.
If Canadian tariffs lower, it may not matter much for the Midwest premium
The Midwest premium could slip if Canada reroutes primary back to the US. But the balance in supply would still be coming from other countries, likely the Persian Gulf.
American Aluminum Alliance targets downstream tariff costs
A new US aluminum trade group is seeking lower costs on primary metal while backing duties on competing finished imports.
August saw scrap demand rebound, trade and tariffs, and more
And, of course, AMU Summit coverage, which included topics ranging from prices, primary, data centers, autos and more.
Inola smelter fight widens in federal court
The Inola smelter fight now spans state politics and federal policy, while the court case adds new questions over timing and forum.
AMU Summit: Energy critical to reviving aluminum production
Reviving primary aluminum production in the US will need to go hand in hand with revamping domestic energy policy