Goldman Raises Aluminum Forecasts on Higher Chinese and European Demand
- The bank says the metal will average $3,125 a ton this year
- Higher demand could ‘trigger scarcity concerns,’ banks says
A worker checks the inventory of rolls of sheet aluminum.
Photographer: Oliver Bunic/BloombergThis article is for subscribers only.
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Goldman Sachs Group Inc. raised its price forecasts for aluminum, saying higher demand in Europe and China could lead to supply shortages.