Press Metal shines as aluminium demand grows


KUALA LUMPUR: A rebound in aluminium prices is raising the earnings outlook of Press Metal Aluminium Holdings Bhd, which remains one of the beneficiaries of a structural demand shift in the commodity, said RHB Research.

"We expect the current supply tightness caused by the continued Russia-Ukraine war, the matured stage of the monetary cycle, and the reopening of China’s economy to continue lending support to aluminium prices," it said in a company update.

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Press Metal , aluminium , alumina , commodity , RHB

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