Market Segment
November 10, 2023
CRU Aluminum: Negotiating Tariffs and Sustainability in the US-EU Metal Trade
Written by Marziyeh Horeh
The London Metal Exchange (LME) aluminum 3-month price is moving down again on the morning of Nov. 10 and was last seen trading at $2,225 per metric ton. The US Midwest premium remained steady for the third week in a row, suggesting a bottom might have been hit. Trading activity is picking up for the beginning of 2024 on the CME between the $0.1975 and $0.20 per pound range.
Novelis Reports Weaker Results in Q3 But Sees Better Demand Ahead

