Economy

Historic rise in the price of aluminum in the stock market

The cost of a ton of aluminum on the London Metal Exchange (LME) has reached a historic high of $3.6 thousand a ton.

Also, the cost of nickel on the London Metal Exchange (LME), which has reached its maximum since 2011 and costs about $ 26.8 thousand per ton, is also increasing.

Nickel futures jumped 6.7% to $26,788.5 per ton, while this price had risen earlier while trading above $27,000.

By midday, nickel was trading at just over $27,000, and aluminum at $3,748 a ton.

The cost of metals began to rise due to rising global inflation, as well as the recovery of the global economy.

 

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