LME positioning eases as aluminum prices retreat
LME aluminum market participants broadly reduced long and short positions during June as prices retreated, although longer-term participation trends remained relatively unchanged.
Tag: Supply
Century Aluminum-Brimstone MoU and the alumina supply chain
Century Aluminum's memorandum with Brimstone adds to efforts to expand domestic alumina supply as imports continue to dominate the US market.
ENKEI America to close Jacksonville aluminum wheel facility
ENKEI America will permanently close its Jacksonville, Florida, aluminum wheel manufacturing facility, ending operations at a site with aluminum melting, remelting, casting and machining assets.
Primary production rose in May, IAI finds
Primary aluminum production rose to 6.15 million metric tonnes (mt) globally in May, a gain of 3.5% month over month, according to the latest figures from the International Aluminum Institute.
AMU June survey: Expansionary signals retreat, balance outlook holds
AMU's June survey showed weaker demand, fewer extending lead times and less inventory building, though respondents largely stopped short of forecasting an oversupplied market.
Hydro to close California extrusion plant, Louisiana remelt billet facility
Hydro attributed the decision to low capacity utilization and the need for significant capital investment
Novelis restarts Oswego hot mill
Novelis Inc.’s hot mill in Oswego, New York, is back online after fires in 2025 damaged the facility.
Where are the commercial undertakings?
Commercial participation in LME aluminum declined over the past year even as prices increased, inventories tightened and financial market activity expanded.
Rio Tinto begins commissioning AP60 expansion at Arvida
Rio Tinto has started commissioning its AP60 expansion at Arvida, adding 160,000 metric tons of annual primary aluminum capacity while replacing older production assets.
Chinese can sheet regains US share
Trade data shows Chinese beverage can sheet imports more than doubled from January through most of May despite tariffs, higher conversion fees, expanding domestic capacity and a weaker US dollar.