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Aluminum surges on bauxite supply shortage

Aluminum for delivery in three months added 1 percent to close at $1,814.50 a ton Friday on the London Metal Exchange after touching $1,824.15, the highest since April 29. The aluminum market will be in deficit this year by 1.3 million

Aluminum oversupply translates to four-year low prices

Prices for aluminum, the second most widely used metal after steel, for delivery in 3 months settled 0.2 percent lower at $1,754 a ton, the lowest since July 2009, on the London Metal Exchange today. According to the World Bureau of