High energy costs, low prices heap pressure on aluminium industry

March 17, 2016

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Industry players and government say they are committed to growing the aluminium industry despite harsh times for the sector caused largely by very depressed aluminium prices.   “Aluminium prices have remain depressed, arguably the lowest in our history. Supply and demand is out of kilter and cost cutting has been necessary to remain in business,” global mining company South32 VP of operations Noel Pillay said on Wednesday.   He told the International Aluminium Conference in Cape Town that, …

Category: General