EU, US extend steel tariff detente until end-March 2025

China's fourth biggest producing region for electrolytic aluminum, has required smelters to reduce production twice since last September.

The trader that last month built up a dominant position in aluminum has begun taking delivery of some metal while rejecting supplies produced in Russia.

Construction will run over two-and-a-half years.

There was another raid on London Metal Exchange aluminum stocks last week.

Restoring trust in exchange stocks reporting is a key step in winning back the broader confidence of the market.

The moves come as the world is on track to install a record number of solar panels this year.

Western European primary aluminum production has been sliding since 2017.

The total inventories in Gwangyang surged by 20,875 tonnes, bringing the total in all global LME storage facilities to 575,875 tonnes.

Russian sales of refined aluminum to China nearly trebled in April from the previous year.