Scrapex Banner
Author: 28 Mar 2011 Last updated at 01:42:42 GMT

Aluminum prices to reach US$3,000/ton in 2011

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.

 

METAL PRICE CHARTS

GET PRICE CHARTS

18ct Gold Scrap Price Charts

Platinum Scrap Price Charts

22ct Gold Scrap Price Charts

RELATED NEWS

Scrap metal dealer turned billionaire pledges three quarters of fortune to charity

September 26th 2014 11:27 PM
Scrap metal dealer turned billionaire pledges three quarters of fortune to charity
A one-time scrap metal dealer turned billionaire is set to become one of Britain's biggest philanthropists after announcing that

US H1 scrap average prices remain flat

September 26th 2014 08:38 AM
US H1 scrap average prices remain flat
The US H1 scrap price average prices were at $362.50 per long ton, as on 22nd September, 2014

Wingate scrap dealer faces hefty fine for dealing with stolen copper

September 26th 2014 06:09 AM
Wingate scrap dealer faces hefty fine for dealing with stolen copper
Charles Newton-the person who runs the family operated scrap dealership-Newton Metal Recycling

Japanese H2 scrap prices up marginally

September 26th 2014 05:09 AM
Japanese H2 scrap prices up marginally
The average price of Japanese H2 scrap increased marginally during the fourth week of September
Next Story