Aluminum Piles Up in China as Iran War Shrinks Global Supply [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
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Source: Yahoo! Finance
Demand is disappointing, and inventories are piling up, even as factories enter the busy period that follows the Lunar New Year. Stockpiles of primary aluminum have shot above 1.3 million tons, the highest since 2020. More exports beckon to clear the glut. Most Read from Bloomberg Trump Signs Order to Launch Vance-Led Anti-Fraud Task Force Finland's Stubb Cautions NATO Allies to Heed Trump's Hormuz Call Samsung to Stop Selling $2,899 TriFold Phone After Three Months Hormuz Escape Route Suggests Ships Navigate on Iran's Terms Slashing Tax Bills for Rich Investors Is a $1 Trillion Business “Chinese fabricators have slowed purchases to just meet hand-to-mouth demand,” said Huang Yuyao, an analyst with research firm Mysteel Global. Their appetite only worsened after prices spiked, she said. The lackluster performance of a widely used industrial material could be a warning sign for China's broader economy, which rebounded in the first two months of the year but now faces t
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- Aluminum Piles Up in China as Iran War Shrinks Global Supply [Yahoo! Finance Canada]Yahoo! Finance Canada
- HSBC (HSBC) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c+)" to "buy (b-)".MarketBeat
HSBC
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- 3/20/26 - Form 13F-HR/A
- 3/19/26 - Form 424B5
- 3/18/26 - Form 6-K
- HSBC's page on the SEC website