The Aluminum Monthly Metals Index (MMI) increased by nearly 1.4% this month.
Tag: Aluminum
Aluminum price is pulled this way and that on rising trader interest, supply glut
Aluminum prices have been on an upward trend the last week or two, currently holding comfortably above $1,500 per ton for spot cash after months in the $1,400s. The market, though, is undergoing convulsions.
This Morning in Metals: Hydro to launch JV for electric vehicle battery recycling
This morning in metals news, aluminum maker Norsk Hydro recently announced the formation of a joint venture that will aim to recycle electric vehicle batteries, the Aluminum Association reiterated its stance on the need for an aluminum import monitoring system and a Dutch bank says gold prices are expected to drop.
Aluminum’s struggles point to flaws of tariff approach
At least as far as aluminum is concerned, the president’s tariff strategy is in tatters, a recent Reuters article suggests.
Week in Review: Aluminum production up; automotive struggles; oil prices plunge
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: a potential copper find in Cornwall; the automotive sector’s struggles; falling oil prices; rising aluminum production and much more. Looking for metal price forecasting and data analysis […]
Aluminium prices likely to remain lower for longer
Two articles in Reuters this week support observations we have made in posts this month and paint an encouraging picture for aluminum consumers, if not for producers, facing the first half of this decade. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Rio Tinto: China demand recovering, ‘uncertain’ outlook elsewhere
Rio Tinto recently released its Q1 production results, a quarter in which the coronavirus outbreak overwhelmed health systems, disrupted supply chains and led to downward revisions of economic growth forecasts. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Even so, Rio Tinto’s production levels, while down […]
Week in Review: Housing starts surge; aluminum mills go green; iron ore price falls
Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including coverage of: U.S. housing starts; aluminum mills taking steps to make their operations more green; iron ore prices; and the European steel sector. Looking for metal price forecasting and […]
Aluminum mills are moving down the carbon league tables
Despite a plunging LME price and dire short-term prospects for metal consumption in Europe and the U.S., aluminum mills are still following through on long-term plans to improve their environmental credentials. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! They are doing this, particularly, to lower […]
This Morning in Metals: U.S. trade deficit down to $45.3B in January
This morning in metals news, the U.S. deficit fell in January, aluminum prices ticked up slightly this week and the CEO of the American Iron and Steel Institute is retiring. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
