10 Hrs
Source:
المشهد العربي
Aluminum prices hit 7-week high
Aluminum prices on the London Metal Exchange rose to their highest level in seven weeks, driven by a decline in international inventories and disruptions in natural gas supply to the "Alunorte" plant in Brazil, one of the largest alumina production complexes. Prices started to climb after Nordic Hydro announced a reduction in operations to 50% capacity, leading inventories to drop to their lowest levels since 1990, amid expectations that production will resume once supply stabilizes.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)