Is a Global Aluminum Shortage on the Horizon?
Tuesday, 19 November 2024 ()
Via Metal Miner The Aluminum Monthly Metals Index (MMI) steadied, with a 1.38% rise from October to November. Aluminum prices moved sideways during October. While they only managed a 0.99% rise, aluminum still managed to outperform other base metals during the month. However, prices started to slip by mid-November as they echoed the increasingly bearish trend emerging in markets like copper, nickel, zinc and tin. China to End Export Rebates for Aluminum and Copper Effective December 1, China will end export rebates for aluminum and copper products.…
Via Metal Miner The Aluminum Monthly Metals Index (MMI) steadied, with a 1.38% rise from October to November. Aluminum prices moved sideways during October. While they only managed a 0.99% rise, aluminum still managed to outperform other base metals during the month. However, prices started to slip by mid-November as they echoed the increasingly bearish trend emerging in markets like copper, nickel, zinc and tin. China to End Export Rebates for Aluminum and Copper Effective December 1, China will end export rebates for aluminum and copper products.…
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