EXPANSIONS & RESTARTS ACROSS THE BOARD. Record smelting profitability behind accelerated production growth

 

1. In April, world primary aluminum production expanded to fresh record highs. ROW’s production expanded…

2. China’s production will expand by… million mton in 2021 despite the current tight hydro power market in Yunnan, as: a) no new production curtailments…

3. Moreover, China has as much as… million mtpy of idled capacity that could be partly restarted considering current highly attractive smelting…

4. ROW’s primary aluminum production is also expanding across most regions amid attractive smelting profitability. ROW producers are…

5. HARBOR sees around 2.5 million mtpy of ROW’s idled capacity viable for potential restarts (not considered in our forecasts) amid attractive smelting…

 

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