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World Aluminum Oversupply to Worsen

SPECIAL ANNOUNCEMENT

Starting with this issue, HARBOR’s Aluminum Intelligence Report will be released every two months (bi-monthly) for better data collection and analysis.

KEY MESSAGES

  • Demand for aluminum remains in a contraction phase across key end-user sectors, especially...
     

  • We do not anticipate Western World demand to stabilize at least until...
     

  • Oversupplied aluminum market conditions are expected to worsen in... even if demand stops contracting. HARBOR expects ROW’s market surplus to...
     

  • HARBOR continues to see LME prices targeting the $... per mton zone before..., and averaging around $... per mton in 2024.