Aluminum Climbs to Highest in Six Weeks Before U.S. Data, G-20
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Aluminum advanced for a fourth session, set for a weekly gain, ahead of data that may show a continued expansion in U.S. industrial output and as Group of 20 finance chiefs meet today in Moscow. Industrial metals rose.
Aluminum for delivery in three months on the London Metal Exchange gained as much as 0.6 percent to $2,169 a metric ton, the highest since Jan. 3, and traded at $2,167.50 at 5:10 p.m. in Seoul. The price is up 2.3 percent this week. Copper rose 0.2 percent to $8,258 a ton, trimming its weekly loss to 0.4 percent.