Aluminum Rises to Near 6-Week High

Aluminum futures in the UK rose above $3,210 per tonne, the highest level in nearly six weeks, amid ongoing supply constraints and slower production. Output outside China fell 6.7% year-on-year in July, mainly due to reduced operating rates at several Middle Eastern smelters. These pressures were compounded by China’s 45 million-ton production cap, which is ...

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