All eyes on aluminium stocks as US imposes trade sanction

Taking a hit: A worker marks stacks of aluminium ingots at a smelter operated by Rusal in Sayanogorsk, Russia. The sanction by the United States on Rusal has roiled the market and all eyes are now on the other aluminium producers. — Bloomberg

PETALING JAYA: Investors in aluminium stocks must have had a heart of steel. Within the first four months of the year, aluminium prices have been topsy-turvy, amid policy changes in the United States on the commodity.

Simultaneously, shares in South-East Asia’s largest aluminium smelter, Press Metal Aluminium Holdings Bhd, have been on a roller coaster ride, alongside the carnage in the market over the US-China trade war.