Scrap Monster

EDITION
Lead poisoning rampant in India battery recycling
Nippon Steel, Wisco agree to set up tin plate JV
Aluminum prices to reach US$3,000/ton in 2011
By   28 Mar 2011  Last updated at  01:42:42 GMT
Aluminum prices are expected to reach US$3,000/ton by the end of this year, affected by Japan’s earthquake and North Africa's unstable political situation

MOSCOW (Scrap Monster): United Company Russian Aluminum (UC RUSAL), the world's largest aluminum producer indicated that the aluminum prices are expected to reach US$3,000/ton by the end of this year, affected by Japan’s earthquake and North Africa’s unstable political situation.

Maxim Sokov, the director of UC RUSAL indicated that the aluminum prices would reach US$3,000/ton by the end of this year and the aluminum average prices would be at US$2,600/ton this year.

Sokov further said that the Aluminum Exchange Traded Funds (ETF) would launch to the market in this Q2, Yieh Corp reported.

 

Also Read:
Start a discussion or add a comment
360
August 27th 2015
Aqua Metals broke ground on its new AquaRefinery, a commercial battery recycling facility in McCarran, Nevada.
August 25th 2015
Thailand's scrap imports dropped significantly during the month of June this year.
August 25th 2015
Renowned UK scrap metal business owner Donald Crawley passed away at the age of 81.
August 24th 2015
The Costa Rican scrap exports dropped sharply by 27.5% year-on-year in June this year.
A
Electronic Waste Recycling
Indianapolis
A
Industrial Cleaning
Brighton
H
Electronic Waste Recycling
Mansfield
B
Minerals Recycling
Fresno
G
Minerals Recycling
Tucson