PARLIAMENTARY WRITTEN QUESTION
Aluminium: Prices (13 May 2022)
Question Asked
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.
Asked by:
Jonathan Reynolds (Labour)
Asked by:
Jonathan Reynolds (Labour)
Answer
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)
Answered by:
Lee Rowley (Conservative)
23 May 2022
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