RUSAL lowers 2012 aluminum price forecast to 2,100 dollars-2,200 dollars per tonne

摘要

The price for aluminum will not ascend above 2,100 dollars-2,200 dollars per tonne this year and 2,300 dollars-2,500 dollars a tonne next year, according to Russian aluminum company UC RUSAL's forecast. "There is a complicated situation on the market right now. Demand is falling not just for aluminum, for also for all commodities in general, including oil. The situation in Europe is unstable. Investors are withdrawing from risky assets and investing either in treasuries or in gold - instruments in which they hope to save money.