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    December 8, 2023

    CRU: More aluminum producers prioritize decarbonization: Industry shift towards sustainability

    Written by Marziyeh Horeh

    The LME Aluminum 3-month price is moving up again on the morning of Dec. 8 and was last seen trading at $2,157 per metric ton. The way the price increased first thing in the morning suggests a support may have finally been found, but resistance could hit quickly at $2,200 /metric ton.

    SHFE cash was broadly stable on Dec. 8, but gains were seen resuming over the late session. The cash contract settled at RMB18,500 /t and last traded at RMB18,580 /metric ton.

    Marziyeh Horeh

    Marziyeh Horeh is an aluminum analyst at CRU. She covers extrusions and the secondary market in North America. Prior to joining CRU in August 2023, Marziyeh was a post-doctoral fellow at Purdue University focusing on the economics of climate change and sustainability. Marziyeh holds a PhD in Natural Resource Economics from West Virginia University.

    Read more from Marziyeh Horeh

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