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U S Aluminum Market Roiled by Closure of Major Smelter

Aluminum prices experience a slight decline following the closure of the New Madrid smelter in the U.S., with ongoing concerns about energy costs, Chinese production, and muted demand impacting the market.

United statesNew madridNichole bastinEnergy pricesInternational aluminum instituteMidwest premiumAluminum monthly metals indexPremium market shakes off smelterChinese output caused new madridYunnan provinceRemains mutedAlcoa reportsMetalminer insightsCorrelation analysis

Aluminum MMI: Aluminum Price Sideways After Smelter Closure

Though the Aluminum MMI traded mostly sideways, news of closing smelters and rising Chinese supply could yet affect the aluminum price.

New madridUnited statesInternational aluminum instituteEnergy pricesMidwest premiumAluminum monthly metals indexPremium market shakes off smelterChinese output caused new madridYunnan provinceMetalminer insightRemains mutedAlcoa reportsCorrelation analysisMonthly metals outlook

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