Global primary aluminium output at 5.685mln metric tonnes in February, via IAI
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US Energy Secretary Wright says unsanctioned Iran oil would be absorbed in the next 30-45 days
US Treasury Secretary Bessent says unsanctioned Iran oil would be absorbed in the next 30-45 days
Global primary aluminium output at 5.685mln metric tonnes in February, via IAI
UK CBI Industrial Trends Orders (Mar) -27 vs. Exp. -29 (Prev. -28)
BBVA (BBVA SM) authorises EUR 1bln buyback for up to 482.4mln shares
On the Newsquawk feed at , 20 minutes before this page.
Context
The reported global primary aluminium output of 5.685 million metric tonnes in February suggests a stable supply trend in the aluminium market. It's essential to consider how this figure aligns with demand dynamics, as any significant imbalance could influence pricing and investor sentiment, particularly amidst ongoing inflation concerns affecting commodity prices.
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