Rusal Expects Aluminium Stock to Remain Tight, Demand ‘Positive’

United Co. Rusal said it expects aluminum stocks to remain tight for the “foreseeable future,” with premiums supported at current levels, according to a statement from the company to the Hong Kong stock exchange today.

Rusal estimates aluminum prices to remain at $2,300 a ton in the fourth quarter because of “positive” underlying demand and as the weakness in the U.S. dollar supports investment in physical assets.

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