Bank of America: Aluminum prices are expected to average $3,000 per ton in 2025
September 24, 2024
According to foreign news on September 23, Bank of America (BOFA) said in a report on Monday that aluminum prices are expected to average $3,000 per ton ($1.36 per pound) in 2025. Global aluminum supply is expected to grow by just 1.3 percent in 2025, compared with an average annual growth rate of 3.7 percent over the past decade, the investment bank said.
