A prolonged period of high aluminium prices created partly by output cuts in China is expected to encourage new capacity in other parts of the world, which will eventually weigh on prices trading at 10-year highs. Benchmark aluminium CMAL3 on the London Metal Exchange hit $2,734.5 a tonne on Wednesday, a gain of 37% this …
The post New Aluminium Capacity To Eventually Tame Rampant Prices first appeared on Hellenic Shipping News Worldwide. Source