- The aluminium industry’s ability to swiftly respond to strong demand and higher prices is being hampered by the ongoing energy crisis and the move to decarbonisation.
- While there is a risk to short-term demand, we remain constructive on aluminium demand over the medium to longer term. We see increasing demand from packaging and energy transition-related sectors, including vehicle lightening and renewable energy.
- The risk to prices is more skewed to the upside, particularly in any further supply squeeze.
For further details see:
Aluminium Sees A Perfect Storm In The Energy Crisis