In 2024, downstream aluminium demand was led by extrusions (34%), followed by flat-rolled products including foil (32%), castings (23%), and wires & cables (8%).
That mix tells us something important. Downstream is not a single market. It is several markets running at the same time; each driven by different industries, different buyers, and different economic realities.
The Aluminium Outlook 2026 signals that 2025 has seen a marginal rise from 2024, and 2026 remains positive overall but with visible weakness in some regions, including North America and major European economies.
