LME Aluminum Price Hits 5-Year High
- Sep 02, 2018 -
The supply reduction comes amid prospects for tighter supplies from China as producers cut output over winter to clear pollution, sending LME aluminum to its highest price in five years on Wednesday.
China has launched a campaign to curb choking smog in its northern regions, ordering a slew of output cuts by the steel and aluminum producers. Aluminum makers must cut capacity by more than 30 percent across 28 cities.
Related News
- Wilbur Ross:The US President Tr
- Tariffs On Steel, Aluminum Set
- Morgan Stanley CEO Says Steel,
- China's Aluminium Inventory Hit
- Which Sledgehammer Will Trump U
- Trump Security Plan Boosts Case
- SMB Plans Guinea Alumina Refine
- Primary Aluminum Output (China
- Aluminum Waste And Scrap Export
- China’s First Zero Emission I
- What Is Embossed Aluminum Plate
- Insulation Aluminum Plate Perfo
- How Will China Alumina Price Go
- U.S. Defers China Aluminum Foil