UC RUSAL Looking Aluminum Price to Rise in the Long Run

Aluminum price is expected to rise in the long term due to growing demand while limited supply, said Artem Volynes Tuesday, from United Company Rusal. Volynes said long-term aluminum price may hit $3,600-$4,000 a ton, mainly due to increasing demand from developing countries such as China and India, adding growing cost is also a driver. Three-month aluminum of LME closed at $2,997 a ton, down $4. COPYRIGHT All rights reserved. The copying, republication or redistribution of WAM News Content, including by framing or similar means, is expressly prohibited without the prior written consent of WAM.