RUSAL: Aluminum demand in Europe & US improves
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Update time : 2020-07-30 16:52:22
Roman Andryushin, the Director of Sales and Marketing of United Company RUSAL (RUSAL), the second-largest aluminum producer in the world, said that the downturn in the aluminum market might have passed as the demand in Europe and the US is improving.
He was positive and optimistic about the overall aluminum market. There might be a production surplus of 2.5 million tons in the aluminum market this year, but the figure was lower than his forecast at 3 million tons in June.
US primary aluminium production shows a 4% monthly rebound in October, but no positive change seen in YTD output
