![Aluminium dropped as evidence of weak demand countered earlier supply-reduction measures](https://market-tracker.in/wp-content/uploads/2023/12/Vedanta-Aluminium-offering-one-of-the-largest-ranges-of-aluminium-products-for-auto-industry-600x400.jpg)
Aluminium dropped as evidence of weak demand countered earlier supply-reduction measures
The price of aluminium fell by -0.64%, finishing at 195.1, indicating that demand was still muted in spite of earlier efforts to reduce supply. Key industries that used aluminium were negatively impacted by the global economic downturn, restrictive borrowing rates set by central banks, and the debt problem in Chinese real estate. The global downturns…