A fire at Novelis’ Oswego facility knocked out 40% of U.S. auto-grade aluminum sheet capacity, forcing the company to declare force majeure. The disruption, combined with 50% import duties, pushed the ...
European 1050 aluminum sheet improved by 3.8 percent on the weekly Aluminum MMI®. The price of European 5083 plate, meanwhile, declined 1.4 percent over the past week. The week finished with no ...
European 1050 aluminum sheet prices dropped, making it the biggest mover on the weekly construction metals price index after drifting 5.9 percent. Following a steady week, prices for Chinese aluminum ...
Aluminum prices soared in May but lost gains in June due to investment funds pulling back. China's production boom and Trafigura's aluminum dumping contribute to oversupply concerns. Western countries ...