U.S. Aluminum Market Roiled by Closure of Major Smelter ...Middle East

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U.S. Aluminum Market Roiled by Closure of Major Smelter
Following a 4.7% month-over-month decline during January, aluminum prices fell an additional 1.9% throughout the first half of February. Despite these declines, aluminum prices continued to trade in their long-term sideways range. Meanwhile, the Midwest Premium also remains consolidated, with prices retracing to the downside following a short-lived bounce at the end of January. Overall, the Aluminum Monthly Metals Index (MMI) moved sideways, with a modest 1.8% decline from January to February. Aluminum Prices, Premium Market Shakes Off Smelter…

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