Historical al News Stories
Aluminum Rally: Novelis Fire, Alumina Shock Up Now
A string of concrete supply shocks — Novelis's Oswego fire, surging alumina prices, Chinese output caps and record speculative longs — has pushed aluminum prices to multiyear highs and tightened U.S. domestic availability. This article explains the events, quantifies their market impact, and outlines practical considerations for investors and industrial consumers.
U.S. Aluminum Premiums Surge; Alumina Prices Soar!
U.S. Midwest aluminum premiums hit record highs amid tariffs and constrained supply, while alumina prices spike on export disruption and speculative trading—pushing LME futures above recent highs and prompting position shifts by funds and industry players.
Aluminum Rally Linked to European Green Crunch
Aluminum prices jumped after LME stocks tightened, scrap availability fell and major 'green' supply lines to Europe were disrupted. Rising premiums in Rotterdam and the U.S., plus cautious Chinese demand, are the key drivers to watch.