Aluminium prices settled flat as many aluminum smelters in China were lured to come back online.
Goldman Sachs expects aluminium to be at $US2,000 and $US2,100 in six and 12 months time respectively.
Data showed aluminum capacity in operation nationwide was less than 31 million tonnes in early 2016, but the figure surged to 36.5 million tonnes at the end of 2016.
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