According to the fourth-quarter report released by Alcoa, global primary aluminum will have an oversupply of 600,000 to 1 million tons in 2020, compared to a supply gap of 900,000 tons to 1.1 million tons last year.
The growth of global demand for aluminum will be 1.4-2.4%, compared to negative 0.4-0.2% in 2019,
As for alumina, the supply in the world will be in a shortage of 100,000 tons to a surplus of 700,000 tons in 2020, compared to an oversupply of 600,000 to 1 million tons in 2019.
Alcoa: Global primary aluminum to have oversupply of 0.6-1.0 million tons in 2020
17 Jan 2020 14:31 reported by Joy Liu
- A
- A
- A