I don't pretend to be a metals expert, but look at the price movements in LME Aluminium since 6 April
Norsk Hydro has warned Rusal of possible Force Majeure, inability to supply due to circumstances beyond its control:
https://uk.reuters.com/article/uk-u...rusal-of-possible-force-majeure-idUKKBN1HR20H
S32's big Alumina-Aluminium business can only benefit, even though much output is sold on long-term contracts.
If this re-pricing is sustained, S32 will make a lot of money in Aluminum.
Time to re-set your price targets, holders.
DYOR
Ash
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