Aluminium

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Annual Review

Global Outlook

The chapter covers CARE Research’s outlook on the global primary aluminium industry and provides readers with a future perspective on the demand-supply dynamics. As China’s share accounts for around 48 percent in the global consumption of primary aluminium, the chapter provides a detailed outlook on the future prospects of the Chinese primary alumnium industry. The following key points are covered in the chapter-

  • Global demand growth to maintain its pace
  • Recovery in advanced economies to support aluminium demand growth
  • China to grow at a slower rate on a higher base while US shows signs of recovery
  • Global Supply:  No significant improvement in operating rates
  • Global Demand-Supply balance to be in sustainable deficit
  • Structural oversupply of white metal to keep global price weak

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