Tag: Grundartangi smelter
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Fed-driven optimism, supply constraints boost LME aluminium prices in week 48
Demand outlook improves with China’s rising imports Operational disruptions aggravate global supply tightness Aluminium prices on the London Metal Exchange (LME) edged higher w-o-w during week 48 of CY’25 (24-28 November) as expectations of a December US rate cut boosted market sentiment, while tightening global supply and steady Chinese demand added support despite mixed inventory…