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Aluminum rises to 18-month high

Aluminum for delivery in three months climbed 1 percent to $2,083 a metric ton at 5:50 p.m. on the London Metal Exchange, after touching $2,100, the highest since February 2013. The LME was shut on Monday for a national holiday.

World’s metal slipping into the shadows

As of October, a record seven to ten million tons of aluminum were being housed in a hidden system of shadow warehouses, in countries as far apart as Malaysia and the Netherlands, according to estimates from several analysts. The amount

Aluminum Prices Seen Dropping as LME Unclogs Depots

The Midwest surcharge, the U.S. benchmark, will drop 22 percent to 8 cents a pound by the end of June, the Bloomberg survey showed, after the LME will accelerate the delivery of another 2 million tons of aluminum onto the