Aluminum Prices Move Sideways As Energy Crisis Persists ...Middle East

OILPRICE - Economy
Aluminum Prices Move Sideways As Energy Crisis Persists
After seeing a short-term bullish rebound in July, aluminum prices began to decline again in early August modestly. All in all, the rebound was insufficient to suggest a bullish reversal. As such, global aluminum prices remain within a macro downtrend despite recent directional uncertainty. Aluminum Prices Move Sideways as Energy Costs Make Production Unprofitable Before Russian energy giant Gazprom decided to cut Nord Stream 1 gas flows to 20%, Europe had already shuttered roughly half of its aluminum smelting capacity. According to Alcoa CEO…

Hence then, the article about aluminum prices move sideways as energy crisis persists was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Aluminum Prices Move Sideways As Energy Crisis Persists )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy