Aluminum price drifts to 18-month low ahead of U.S. rate hike decision

Sep. 21, 2022 8:21 AM ETAlcoa Corporation (AA), LMAHDS03:COMCENX, CSTM, ARNC, JJUBy: Carl Surran, SA News Editor

Billets of aluminium in the factory. The Hall–Heroult process produces aluminium with a purity of above 99%. Further purification can be done by the Hoopes process.

Funtay/iStock via Getty Images

London aluminum prices fell Wednesday to their lowest since March 2021, as markets braced for another substantial U.S. interest rate hike that will suppress economic growth.

The U.S. dollar has pushed to a 20-year high, which pressures

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