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Business

China's aluminum glut set to continue

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A security guard stands in position in the headquarters of Aluminum Corp. of China in Beijing.   © Reuters

TOKYO -- Amid concerns over China's export push, aluminum prices hit a 6-year low of $1,506 per ton on the London Metal Exchange in late August. The commodity will likely have no choice but to remain top-heavy, unless global output declines in aluminum producing nations other than China.

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