Europe accounts for more than seven % of the global aluminium production, but gas prices have been on the rise. And since over 80 % aluminiam manufacturers still rely on coal plants, they are in the firing line once again. According to one forecast, alumenium prices are expected to reach four thousand 300 an 99 dollars point 87 cents a ton, in the next 12 months and may even eight thousand dollars in the next five years.
In today's episode for 18th April 2022 we see why aluminium prices are on the rise.
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