Aluminium Report 24/05/24

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Daily Virtual Steel Mill Report 24/05/24

Verdict: • Short-run Neutral.   Macro: • US initial jobless claims was 215,000 last week, down 8,000 from previous week, created the biggest single week decrease of the year. • European Central Bank President Lagarde said that due to the trend of rapid consumer price growth, interest rates may become lowered in next month. The …