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Demand Contraction Deepens, Growing Oversupply Ahead

KEY MESSAGES

  • World primary aluminum demand contraction will deepen during the...
     

  • We have further downgraded our demand expectations, anticipating contracting demand in Europe to result in a further slowdown in Western World demand growth to...
     

  • Mounting signs of rising metal availability continue be seen, signaling an...
     

  • LME prices have plunged further as anticipated toward our $... per mton target, raising the odds of prices visiting the $... per mton zone in...