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Aluminum Prices Surge to Nearly Two-Year High as Supply Concerns Intensify

Recently, aluminum prices have surged in the global market, reaching a near two-year high. This increase is primarily driven by supply concerns. Global mining giant Rio Tinto has announced a force majeure event on third-party contracts at its alumina refinery in Queensland, Australia, further pushing aluminum prices up. It is understood that Rio Tinto’s alumina

China’s Macro-Economic Optimism Keeps Aluminum Prices in High Volatility

The rise in oil prices and the fall of the US dollar index boosted market bullish confidence, resulting in LME aluminum closing up by 1.28% over the week. Frequent macroeconomic benefits in China supported strong gains in Shanghai aluminum, with aluminum ingot inventories remaining low. Today’s spot aluminum prices are expected to rise. The rise

What are the key technological research and innovations?

The New Science and Technology Progress column of the official website of the China Metal Society published the article “Research and Innovation on Key Technologies of High-Efficiency Low-Carbon High-Air Temperature Hot-blast Stoves” written by Shougang Group Co., Ltd., which introduced the relevant situation of this technology in detail and attracted the attention of the industry.

Nickel prices will continue to fluctuate strongly in May

In April, supported by the resonant rise in non-ferrous metal prices and its own fundamentals, nickel prices rose significantly, with a monthly increase of more than 9%. As the non-ferrous metal sector consolidates, the main contradiction between nickel supply and demand is expected to switch, and nickel prices are expected to continue a strong and

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