Aluminium prices at a 17 month high; Is there a recovery in demand? | SK Roongta to ET Now

Описание: Aluminium prices have seen a drastic surge and are at a 17 month high. Former MD Vedanta Aluminium and Non Executive Chairman at Balco SK Roongta in conversation with ET Now presents his outlook on aluminum demand recovery.

He stated that in the recent weeks there has been some increase in the price of aluminium and there are few factors leading to this price increase, firstly there is a strong rebound in demand and consumption of the metal in China post Covid, secondly aluminium inventory has dropped by about 15% in the last three months and thirdly aluminium prices were lagging behind other metals namely copper, zinc and steel and now it seems aluminium is catching up.

#AluminiumDemandRecovery #AluminiumPriceSurge








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