Bloomberg.com reports that aluminum supply is expected to far exceed demand this year
Bloomberg.com reports that aluminum supply is expected to far exceed demand this year.
The story is quoted as saying:
The surplus may be 2.4 million metric tons, up from 2.3 million tons predicted in July, Motoi Kamitani, manager of light metal trading at Tokyo-based Sumitomo Corp., which has stakes in smelters in Australia, Brazil, Malaysia and Indonesia, said in an interview Jan. 28. The surplus was 1.3 million tons in 2010.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1795.86 | +6.61 | |
Silver | 20.48 | -0.22 | |
Copper | 3.59 | 0.00 | |
Palladium | 2223.00 | +2.00 | |
Platinum | 934.89 | -9.11 | |
Oil | 89.88 | -0.88 | |
Heating Oil | 3.31 | +0.14 | |
Natural Gas | 7.72 | +0.13 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â