According to market coverage, global aluminium prices topped USD 3,015.50/t recently, driven by lingering supply concerns and optimism over demand prospects in key end-use sectors such as construction and EV manufacturing. The Economic Times

Summary :

Aluminium prices have climbed to around $3,000 a tonne, according to Bloomberg, hitting this level for the first time in more than three years, as worries over supply meet expectations of steady long-term demand. The recent rise suggests that the global aluminium market may be entering a tighter phase after a long period of relatively comfortable supply, analysts said earlier.

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