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> aluminum industry analysis, market outlook & forecasts
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China Not Curtailing as Announced, Global Demand to Grow at Half Its Recent Rates
Abstract: Global primary aluminum production is not declining fast enough to avoid a meaningful market surplus (again). While the US primary aluminum industry continues...

Aluminum P1020 and VAP’s Premiums Fall Not Over Yet
Abstract: As anticipated by HARBOR, aluminum P1020 premiums have continued to fall in all regions of the world, and now stand at multi-year lows...

Expecting Short-Term Price Rallies, Structural Downward Pressure Should Predominate
Abstract: LME 3M aluminum prices averaged $1,482 per mton (67 cent/lb), down 1.1% m/m, but experienced a technical rally during the last...

Expecting a Global Alumina Deficit in 2016 on Production Cuts
Abstract: Expecting the global alumina market to be deficit in 2016. HARBOR estimates that the global alumina market could experience a 2.6 million mton production shortfall in 2016, down from our previous forecast of a 3.6 million mton surplus. In this new forecast, we assume China will have a 7.1 million mton deficit and ROW a 4.5 million mton surplus. However, a global market...

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