August 26, 2020
KEY MESSAGES
World primary aluminum production is set to reach all-time highs as soon as this quarter,…
Chinese ramp-ups in Yunnan continue to lead the recovery; ROW ́s production rebound nears amid improved profitability.
Smelting profitability jumps in China and ROW amid higher prices.
“Fixing” the “Canadian problem” by the US re-imposition of a Section 232 Tariff on Canadian unalloyed aluminum has fully…
HARBOR expects ROW’s primary aluminum production to grow… y/y in 2020 and… y/y in 2021. We expect Chinese production to grow… in 2020 and… in 2021.
ROW’s production could result to be higher than expect on possible US restarts and cancelation of a smelter shut down in Spain.
More details in full report.