Aluminium prices rise on Mozal smelter shutdown news
after close1 source ↓written by the desknot a recommendation
- prices increased
- 0.48%
- ₹281.55
Aluminium prices increased by 0.48% to ₹281.55, driven by supply concerns following the shutdown of the Mozal smelter in Mozambique, expected by March. This closure is likely to impact global aluminium supplies next year, exacerbating existing tightness. Additional disruptions from Iceland's Grundartangi smelter further heighten supply worries. 📈
Not investment advice. For informational purposes only.