Hefty shortages to help buoy aluminum prices this year
Mining News Pro - Supply disruptions in China due to problems with hydropower mean hefty shortages of aluminum this year, which are likely to offset slow demand growth and help bolster prices.
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Chinese lockdowns dragging aluminum prices down, no respite before H2
Mining News Pro - In its latest industry report, market analyst Fitch Solutions maintains its 2022 and 2023 aluminium price forecasts of $3,000/tonne and $2,800/tonne, after impressive rallies in Q122, but notes strong downside risks as strict Chinese lockdowns pose a strong threat to demand for the metal in 2022.
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Aluminum Prices will create another Pinch Point for Auto Industry
Mining News Pro - Tensions between the U.S. and Russia over Ukraine are exacerbating a shakeout in the aluminum sector, which has been hammered by rising power prices over the past year.
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