Post the sharp upsurge in global demand for aluminium during CY10 the industry witnessed a subsequent phase of moderation. During the next two years (CY11 and CY12), average yearly demand for the industry grew at about 5 to 6 percent. While demand from European countries recorded dismal performance, global demand increased backed by the increase in demand from the developing world as well as from a few developed world countries like the USA and Japan. As the global demand continues to balance itself on a regional basis, increasing smelter capacity on the supply side, poses a grave peril to the global aluminium industry.
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