Industry News

Global primary aluminum market has oversupply of 1.34 million tons in H1 2020

Views : 150
Update time : 2020-08-24 16:36:12
According to reports, the global primary aluminum market faced an oversupply of around 1.34 million tons from January to June of this year, compared to an oversupply of 735,000 tons in 2019.

In the first six months of this year, the global primary aluminum demand was 31.58 million tons, decreasing by 190,000 tons from the same period in 2019.
The figure of demand was calculated based on apparent benchmarks, and the impact of the national blockade to curb the novel coronavirus epidemic might not fully show on the statistics.

During the same period, China's apparent demand for primary aluminum had a year-on-year increase of 4.8%, and semi-finished products demand was up by 9.7% year on year.
Related News
Read More >>
Top 5 downstream aluminium projects of 2024 to redefine the value-added product industry Top 5 downstream aluminium projects of 2024 to redefine the value-added product industry
Jan .10.2025
Top 5 downstream aluminium projects of 2024 to redefine the value-added product industry
Ricoh's latest development set to cut costs & improve accuracy in aluminium binder jetting method Ricoh's latest development set to cut costs & improve accuracy in aluminium binder jetting method
Jan .10.2025
Ricoh's latest development set to cut costs & improve accuracy in aluminium binder jetting method
South Korea's cold-rolled stainless steel imports grow in 2024 South Korea's cold-rolled stainless steel imports grow in 2024
Jan .10.2025
South Korea's cold-rolled stainless steel imports grow in 2024
China's 2025 policies set to drive stainless steel demand growth China's 2025 policies set to drive stainless steel demand growth
Jan .10.2025
China's 2025 policies set to drive stainless steel demand growth