Home » General World News » Aluminum prices could plunge further — even if Russia sanctions remain in place

Aluminum prices could plunge further — even if Russia sanctions remain in place





rusal aluminum factory, russia

  • Aluminum prices rose to multi-year highs last week on the back of US sanctions against Russia.
  • The US has since softened its tone on Russian aluminum giant Rusal Co.
  • But even if aggressive sanctions remain in place, some think aluminum prices will continue to fall.

Aluminum prices tumbled from a a seven-year high last week after supply concerns fizzled — and some think the worst is yet to come for the metal.

Prices of aluminum have fallen more than 12% since last week, when the Trump administration walked back sanctions against Russian giant Rusal Co. — the second-largest read more >>>

Source:: BusinessInsider.Com

Comments are closed.