Despite a y/y fall in global aluminium output in November, it is still up strongly year-to-date. And it is likely to rise again from here as power restrictions in China are lifted and high prices incentivise new capacity additions. Together with a slowdown in the Chinese construction sector, we continue to expect aluminium prices to fall back by end-2022.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.