World aluminum prices expected to average higher in 2011 – ABARE

Steel Guru.com reports that there is expectation that in 2011, globally, Aluminum prices will increase.

The story is quoted as saying:

According to the report from Australian Bureau of Agricultural Resource and Economics, world Aluminum prices are expected to average higher in 2011 as per. The report mentions that the demand for Aluminum will be coming from developing economies. Strong consumption growth in China is expected to continue. Though the price increases will be limited due to strong production growth and high aluminum inventories.

To access the full story, click here.