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December s Aluminum Prices Are Still Supported By Low Inventories, Despite Cautious Macroeconomic Sentiment Subduing Bullish Activity

Macro: The period saw a robust macroeconomic environment, with diminished interest rate hike expectations in Europe and the U.S., instead hinting at potential cuts. October's U.S. CPI rose 3.2% YoY, below expectations. ECB President, Christine Lagarde, suggested a possible halt in rate increases to evaluate tightening policies' impact.

Magnesium Market Will Remain in the Vicious Cycle of Continuous Price Drop, unless Demand Picks up _SMM

SHANGHAI, Dec 7 (SMM) – Entering December, many places in China experienced extreme cold weather.

The PMI for China Aluminium Processing Sectors Stayed in the Contraction Territory for Two Consecutive Months in November_SMM

SHANGHAI, Dec 2 (SMM) - SMM data showed that the PMI for China’s aluminium processing sectors dipped 0.3 point month-on-month to 42.4 in November, staying in the contraction territory for two consecutive months.

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