Industry Outlook -Aluminium

 

  • Industry Outlook -Aluminium
  • By 2030 Demand, in India, is estimated to be 8.3 million tonnes. Up from 4.2 million tonnes in 2023.
  • Industry Outlook - India 
  • LME Aluminium prices are expected to be impacted by: 
  • a) The threat of trade action on tariffs 
  • b) Continued World manufacturing contraction into Q1 2025, 
  • c) US interest rate cuts, 
  • d) Anticipated surplus in World’s Primary Aluminum market in 2025, 
  • e) Correction in alumina prices, 
  • f) China’s economic slow down & issues with housing oversupply, industry overcapacity, & high debt levels    

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