18 DECEMBER 2014AlCircle.com
Aluminium market will balance out in 2015 say experts
Edited by : AL CIRCLE
1 min read
Aluminium experts discussed that the aluminium market will balance out in 2015 during the metals market outlook review meeting held on 16th December by Chalco.
The meeting was attended by eminent names in the aluminium industry which includes institutions like Commodity Research Unit (CRU), Beijing Antaike Information Development Co. and China International Capital Corporation Limited.
The general belief at the meeting was that the aluminium market will perform better overseas while Chinese market goes through a slow phase. The transportation sector will push the medium-to-long term aluminium consumption prospects.
In the meantime, China will continue to diversify its search for bauxite supply while their alumina supply continues to tighten. China’s perpetual aluminium surplus is also likely to ease experts say.
The meeting was attended by eminent names in the aluminium industry which includes institutions like Commodity Research Unit (CRU), Beijing Antaike Information Development Co. and China International Capital Corporation Limited.
The general belief at the meeting was that the aluminium market will perform better overseas while Chinese market goes through a slow phase. The transportation sector will push the medium-to-long term aluminium consumption prospects.
In the meantime, China will continue to diversify its search for bauxite supply while their alumina supply continues to tighten. China’s perpetual aluminium surplus is also likely to ease experts say.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
Dubal to pay 1.45% more interest on its recent loan of $1.8 billion
Next articleRussia looks to strengthen aluminium trade and investment with Bahrain
Grow with
AL Circle
