Aluminum Prices May Rise in Fourth Quarter on Asia, Rusal’s Deripaska Says

Bloomberg.com reports that Asia’s demand for aluminum will drive prices up in Q4, according to United Co. Rusal.

The story is quoted as saying:

The price the company charges per ton of aluminum will be $200 higher in the fourth quarter than in the previous three months, Deripaska told reporters in Tokyo yesterday. “We believe our sales price will be $2,500” per ton, he said.

To access the full story, click here.