Trimet's plants in Germany had a production of primary and recycled aluminum in the financial year 2017-18 as of June 30th, totaling 630,000 tons roughly.
Automobile construction, Electro-mobility and energy sectors were pushing the growth demand of aluminum steel. Trimet hasn't had importing activity of aluminum scrap with the US. The US' customs duties have a significant impact on global trade.
In addition, the US sanctioned on Rusal, and the aluminum oxide supply for Trimets aluminum smelters will be an important issue. Trimet was trying to secure supplies of aluminum oxide for its production sites.
The raw materials prices and aluminum prices will be the important factors for future aluminum market. The global aluminum industry was facing an increasing alumina prices. The aluminum market situation was expected to be normalized again in a few months. Chinese imports of US aluminum scrap were decreasing right after the China-US trade war.
German Trimet anticipates strong demand for aluminum in 2019
10 Oct 2018 14:16 reported by Ivy Wei
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