How Russia’s War Is Impacting Global Metals Prices
From a technical perspective, global aluminum prices began to change their structure in short time frames, which could suggest further price drops. Currently, prices are beginning to approach previously-established lows. However, a bullish trend reversal can’t occur until aluminum establishes a clear price floor. The Aluminum Monthly Metals Index (MMI) dropped by 8.84% month over month. Global Aluminum Prices Mirror Copper, Fall Amid Lockdowns…