LME prices rebound with weak trading volumes; Hindalco to expand aluminum production by... k mtpy

March 30, 2022

US ROLLING MILL ALERT.

1. LME prices regained some of the ground lost yesterday, although trading volumes weaken again.

2. ALERT- GREEN PRODUCTION EXPANSION IN INDIA. GREEN SMELTER EXPANSION: Hindalco to expand smelting capacity by... mtpy

3. China’s aluminum prices bounce after nearing a two-week low yesterday.

4. LME Cash–3M contango remains in double digits, still unsupportive for spot P1020 premiums

5. US ROLLING MILL ALERT. COATING EXPANSION: Kaiser breaks ground on Warrick coat line expansion.

For more details, please subscribe to our specialized Aluminum Rolled Products Intelligence Report.

6. RERUN: US UBC ALERT. UBC discounts are the tightest in a year.

For more details, please subscribe to our specialized US and Mexico Aluminum Scrap Intelligence Report.

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