Further dimming prospects for a break from elevated aluminum prices is that years-long supply gluts are beginning to fade, with demand for low-carbon energy sources boosting demand for the lightweight material and top producer China cracking down on polluting industries such as metals producers. Goldman Sachs Group Inc. is forecasting record prices above $3,000 a ton by late next year.
Daily Maverick © All rights reserved
Unlike our competitors, we don’t force you to pay to read the news but we do need your email address to make your experience better.
Nearly there! Create a password to finish signing up with us:
Please enter your password or get a sign in link if you’ve forgotten
Open Sesame! Thanks for signing up.
On 9 May 2024, The Forum in Bryanston will transform into a battleground for visions, solutions and, dare we say, some spicy debates as we launch the inaugural Daily Maverick Debates series.
We’re talking about the top premier candidates from Gauteng debating as they battle it out for your attention and, ultimately, your vote.
Become an InsiderThere are many great benefits to being a Maverick Insider. Removing advertising from your browsing experience is one of them - we don't just block ads, we redesign our pages to look smarter and load faster.
Click here to see other benefits and to sign-up to our reader community supporting quality, independent journalism.
Find out More
I’m surprised to see Aluminum sold on the London Metal E[x]change.