2 Days
Source:
وكالة الانباء الاردنية
Aluminum declines for fourth week
The article indicates that aluminum prices are heading toward a fourth consecutive weekly decline, the longest streak since April 2025. This trend is driven by a wave of selling in Asian technology stocks, strength of the US dollar, and the resumption of supplies from the Middle East. Additionally, the price of aluminum declined by 0.2% to reach $3,158 per ton on the London Metal Exchange. Other base metals, such as copper and nickel, also saw decreases, while iron ore continues its losses for the seventh consecutive week—its biggest decline since 2022—amid weak demand and declining profit margins for steel mills.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)