Aluminium: Prices
(asked on 13th May 2022) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the impact on British businesses of rising aluminium costs.
This question was answered on 23rd May 2022
The Government regularly engages with industry to discuss impacts and opportunities for UK businesses. Whilst aluminium prices increased in March, following the Russian invasion of Ukraine, they have since returned to pre-conflict levels.[1]
[1] Prices peaked on 7th March and in steady decline since, and as at 17th May, are at $2,800/t (Source – LME Aluminium)