Reuters
Rusal Forecasts 2011 Aluminum Price at $2,600 to $2,800
Edited by : AL CIRCLE
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United Co. Rusal, the world’s largest aluminum producer, said prices will average between $2,600 and $2,800 a metric ton this year.
Rusal’s First Deputy Chief Executive Vladislav Soloviev announced the prices to reporters in Hong Kong today.
The price for three-month delivery has averaged $2,575 a ton this year and was $2,531 today at 4:48 p.m. Hong Kong time on the London Metal exchange. Prices may rise to as much as $3,000 in 2012, Steve Hodgson, Rusal’s head of marketing said on June 14.
Rusal’s First Deputy Chief Executive Vladislav Soloviev announced the prices to reporters in Hong Kong today.
The price for three-month delivery has averaged $2,575 a ton this year and was $2,531 today at 4:48 p.m. Hong Kong time on the London Metal exchange. Prices may rise to as much as $3,000 in 2012, Steve Hodgson, Rusal’s head of marketing said on June 14.
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