12:27 - 5.11.2025

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November 5, Fineko/abc.az. The price of the 3-month aluminum futures on the LME rose by 0.6% on November 3, exceeding $2,900 per ton, the highest since May 2022.

ABC.AZ informs that growth is probably linked with supply disruptions and production cuts: Century Aluminum is reducing output at an Icelandic plant, Alcoa is closing a facility in Australia, and Novelis previously reported problems in the U.S. BigMint analysts note that in 2025, China may reach the aluminum production limit (45 million tons), which will increase the risk of shortages in the global market.