LME price rallies very close to $2,200 per mton; Natural gas related shutdowns spread to the US Midwest
February 18, 2021
TEXAS & MEXICO ALUMINUM CRISIS
1. LME PRICE UPDATE. LME prices rallied further today and came very close to HARBOR's $... per mton target.
2. ALERT UPDATE!—TEXAS & MEXICO ALUMINUM CRISIS. CRISIS WIDENS: Aluminum shutdowns spread and reach the US Midwest.
3. LME Cash–March tightness dissipates gradually but longer-term spreads narrow.
4. China’s aluminum prices rally... %, approaching a multiyear high.
More details in full report.