Affected by the global economic downturn and trade friction between China and the United States, Korea Nonferrous Metal Association predicted that the aluminum ingot market demand will decline in 2019, especially in car rim and precision machinery industry.
In terms of finished products, South Korean aluminum plate market has dropped significantly since the second half of 2018, and it was expected that it will be difficult to get out of the sluggish situation in 2019.
Although the demand for aluminum alloy cans from Vietnam, China and other countries had a growth, the aluminum market was still in a downward trend due to the weak market in South Korea.
South Korean aluminum market to show downward trend in 2019
23 Jan 2019 13:19 reported by Lemon
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