Following a 4.7% month-over-month decline during January, aluminum prices fell an additional 1.9% throughout the first half of February. Despite these declines, aluminum prices continued to trade in their long-term sideways range. Meanwhile, the Midwest Premium also remains consolidated, with prices retracing to the downside following a short-lived bounce at the end of January. Overall, the Aluminum Monthly Metals Index (MMI) moved sideways, with a modest 1.8% decline from January to February. Aluminum Prices, Premium Market Shakes Off Smelter…
