the rise of basic metal price pushes up the share price in American aluminum

     The share price of Alcoa, Inc(AA) was rising by 3% to 34,40 dollars on Thursday morning, which was pushed up by the rise of basic metal price in London.

the official aluminum price has increased to 2765 dollars per tonne in the London metal exchange within three weeks, which was an increase by 1.3% over 2730 dollars on Wednessday.

The price of all other metals, including nickel and copper all rose because of great demand in china market.

It was reported by Reuter that one aluminum factory of American aluminum in Ghana will be closed because of shortage of local energy sources.

By 12:04 EST, the share rose by 2.52% to 34.16 dollars.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.