Aluminum Plate/Sheet and Strip Exports Decline as Expected, Future Prospects Remain Promising] In 2024, cumulative exports of aluminum plate/sheet and strip reached 3.4256 million mt, up 23.53% YoY.
Expectations for US Fed Interest Rate Cuts Strengthen Again, Sustainability of Aluminum Price Increase Still Needs Observation] Macro side, US December retail sales growth was weaker than expected, ...
This included the Comex short-squeeze in late May, which triggered the end of the Q2 2024 rally across the base metal category. During that event, the delta between LME and Comex copper prices ...