Aluminum prices rose on Wednesday from a seven-month low, supported by dwindling inventories and strong industrial output data from China, while traders watched to see how aggressively the US central bank would hike rates.
Three-month aluminum on the London Metal Exchange gained 0.4 percent to $2,580 a ton, after hitting its lowest since Nov. 10 on Tuesday.
The most-traded July aluminum contract in Shanghai was up 0.4 percent at 20,025 yuan ($2,978.54) a ton by the midday break. — Reuters
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