UBM - Global Aluminum Market In Surplus Paced By Rising Chinese Production
- Chinese output grew 3.8% to nearly 31 million tons in the January to October period. Even so, demand still outstripped supply.
- Surplus production has a way of disappearing off the radar in the aluminum market. The stock and finance trade soaks up excess production.
- Output is down in the Middle East and Europe. In addition, North American production has achieved all the catch-up it is likely to make.
For further details see:
Global Aluminum Market In Surplus, Paced By Rising Chinese Production