Tag: global aluminium demand
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LME aluminium prices gain w-o-w as inventories shrink, global demand strengthens
Chinese smelter constraints limited output growth Near-term price sentiment remains broadly supportive Aluminium prices on the London Metal Exchange (LME) edged higher w-o-w in the week ended 5 December. Prices rose as tightening supply met strengthening demand. Capacity constraints at Chinese smelters, falling inventories, and global production disruptions restricted availability, while China’s robust import appetite…