LME monitors tightness in aluminum market after spike in spread The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago. Reuters | October 2, 2024 | 7:02 am
Canada to hit Chinese steel and aluminum with tariffs on Oct. 22 Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks. Bloomberg News | October 1, 2024 | 2:27 pm
Aluminum squeeze rolls on with key LME spread spiking again The October monthly contract traded at a $22 premium to November on Tuesday, hitting a new high after the spread jumped by more than $9 the previous day. Bloomberg News | October 1, 2024 | 10:59 am
Firms substituting cheaper aluminum for copper, trend growing Currently, the price of copper is 3.8 times that of aluminum. Reuters | October 1, 2024 | 6:43 am
Arzyz Metals to launch $650 million Mexico plant expansion Aluminum company will expand its Cienega de Flores plant in Mexico's Nuevo Leon state. Reuters | September 30, 2024 | 3:54 pm
Aluminum spread jumps again as traders eye Trafigura position Traders are also focusing on a single large long position in the October aluminum contract, which is held by Trafigura. Bloomberg News | September 30, 2024 | 10:43 am
Global aluminum market seen closer to balance in 2025, Rusal says Rusal, responsible for 5.5% of global aluminum supply, has been increasing deliveries to China. Reuters | September 30, 2024 | 10:07 am
Elevated alumina prices to feed on China aluminum producer profits China's aluminum producers have made rising profits due to elevated prices of the metal. Reuters | September 30, 2024 | 7:35 am
Copper takes top spot again as best prospect at LME seminar Copper got 46% of votes in an informal poll at the LME Seminar on which base metal is likely to have most upside. Reuters | September 30, 2024 | 7:14 am
