Monday, 24 December 2018

Ways2Capital Aluminium Update

During the January-November period of 2018, production has increased by 1.4% to 58.82 million tones. US have lifted sanctions on Rusal, the world’s largest aluminum producer and strike has ended at Alcoa’s Australian alumina refinery.

On the contrary, China’s biggest aluminum producers are discussing production cutbacks of 800,000 tonnes and LME aluminum inventories stands at just 1.2 million tonnes.

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