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Aluminum Supply Crisis Amid European Gas Price Fluctuations
The aluminum market is facing a severe supply shortage, described as a 'black hole,' while European gas prices are projected to end the week with a loss despite ongoing concerns about LNG supply.
17 Apr, 06:15 — 17 Apr, 10:55
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seeking-alphaMixed114d ago
Wheat heads for biggest weekly gain in nearly two months as supply concerns mount
Read full article →zerohedgeLow114d ago
Aluminum Market Descends Into Supply 'Black Hole'
Aluminum Market Descends Into Supply 'Black Hole' Aluminum prices on the London Metal Exchange are climbing into the end of the week, reaching $3,621 a ton and approaching the peak seen during Russia's 2022 invasion of Ukraine. The problem now is that the aluminum market has been thrust into a serious supply shock amid the U.S.-Iran conflict in the Middle East, one that is unlikely to be reversed in the near term. One big problem we highlighted last weekend was that Emirates G...
By Tyler Durden
Read full article →Coverage Timeline
First report: seeking-alpha · 17 Apr, 06:15|Full coverage: 3 · 5h|Window: 5h
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