LME Aluminum 3M keeps charging higher as China’s power shortage dings production. |
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China’s National Bureau of Statistics stated that September primary aluminum production was down 2.1% year-over-year, and 2.5% month-over-month. Volume was 3.8 million mt. This marks the fifth straight month of declines. (10/19/2021) |
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Price Indications |
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Today's Charts |
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AEGIS Insights |
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10/14/2021: Is It Wise to HRC Steel with Crude Oil? 10/5/2021: Section 232 Tariffs: Most relevant developments (AEGIS Reference) 09/16/2021: AEGIS Factor Matrices: Most important variables affecting metals prices 09/07/2021: China Exports Are an Economic Spot as Value Hits All-Time High 08/09/2021: China's Copper Imports Slow as Prices Weigh on Demand |
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Important Headlines & Economic Data |
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AISI Steel Capability Utilization Rate Investing.com Economic Calendar 10/19/2021: China's Sep primary aluminum output posts first on-year decline since June 2020 10/19/2021: Chinese developer Sinic defaults as Evergrande deadline looms 10/18/2021: Dow futures shed 100 points as investors await a big week of earnings 10/18/2021: Defaults loom over more property developers as China reassures investors on Evergrande 10/17/2021: China Sept daily steel output lowest since Dec 2018 on power curbs 10/17/2021: China’s coal hub Shanxi emerges from floods, easing coal supply concerns 10/17/2021: Coal supply to non-power sector has been controlled, not stopped: Coal India official 10/15/2021: Rusal plans to supply 300,000-400,000 tonnes of aluminium to China in 2021 |
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