Soaring aluminum drives up cost of everything from beer to foil

For consumers and economists hoping commodities inflation will soon subside, the aluminum market delivered some discouraging news on Monday. The world’s second-largest brewer, Heineken, said the rising costs of freight and the metal used in beer cans will have a “material effect” on profit next year. Reynolds Consumer Products, the maker of the iconic Reynolds Wrap, said it’s facing costs of about $400-million this year driven in large part by aluminum and resin.

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