Bank of America: London aluminum is expected to rise to $3,000 per ton in 2025
According to foreign news on June 24, industry analysts said that the global manufacturing weakness has dragged down aluminum prices, but the impact may be short-lived because of tight physical markets, including in China, a major consumer.
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Global alumina production increased to 12.04 million tons in May
According to data released by the International Aluminium Institute (IAI), global alumina production in May was 12.04 million tons, with an average daily output of 388,400 tons. Global alumina production in April was revised to 11.754 million tons. China's alumina production in May was estimated to be 7.15 million tons.
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