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AL CIRCLE

Why Buy AlCircle’s Report on “Global Aluminium Industry Outlook 2021”?

EDITED BY : 3MINS READ

The year 2021 stands as a year of hope and aspiration for the aluminium metal industry after it’s been through a malaise last year caused by the unprecedented COVID-19 outbreak. So, in the recently-published report - “Global Aluminium Industry Outlook 2021”, AlCircle has made an attempt to share its in-depth analysis and projection into the shaping of aluminium industry in 2021, while speculating earlier investments, policy changes, and price trend.

The global aluminium usage is estimated to have declined by 4.1% to 84.5 million tonnes in 2020 amid production surge to over 65 million tonnes and increased inventories leading to supply-demand gap. However, China has managed to strengthen up its economy and aluminium usage, which is estimated to have expanded although marginally.

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outlook 2021

AlCircle forecasts the demand for aluminium to rise briskly at around 7.5% during 2021 riding on the back of a high growth rate in China and a rebound in other major markets across the world. The demand for the metal is expected to move past the 90 million mark with improvements in global mobility and the release of pent-up demand as the year progresses.

The primary focus of the report is to touch upon the significant developments of this ongoing year vertical wise, in a bid to analyse how every vertical influence each other’s growth or counter-growth.

On the upstream front, aluminium produced through renewable energy sources is expected to gain much more importance this year and ahead. The aluminium industry has already geared up to fabricate low carbon aluminium/green aluminium and innovate new technologies and alloys to bolster its position as the most sustainable metal in the world.

On the end-user front, usage of aluminium is expected to resume to normal levels during 2021 as operations resume across various end-user sectors.

Here are a few more pointers below that give you clearer idea of the content of the report –

  • The prices of bauxite, alumina, and aluminium moved through the year 2020 and how they are moving now and a short and medium term forecast for  2021
  • Demand supply situation and a forecast on surplus/deficit status
  • Trade dynamics last year in each vertical and how the developments are moulding what 2021 is going to unfold in the foreign trade of these commodities
  • The key factors that could be affecting the aluminium market in 2021
  • Major upcoming projects in each vertical
  • Production outlook for 2021
  • The price outlook for LME and SME and Premiums
  • Outlook for FRP, Foil, Extrusion, Wire rod and castings
  • World recycled aluminium usage across regions and by end users

For the detailed Table of Contents, click here.

The Outlook 2020 Report is now available in both Digital as well as Print format. Both the available options along with their pricing details are as follows:

Why Buy AlCircle’s Report on “Global Aluminium Industry Outlook 2021”?

Hurry!! To get your copy of “Global Aluminium Industry Outlook 2021” report, reach out at booking@alcircle.com.  Alternately, click here to buy your copy directly.

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EDITED BY : 3MINS READ

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