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PRODUCTION GROWTH DOUBLING. World Primary Aluminum Production Growth Pace to Double in H2 2023

PRODUCTION GROWTH DOUBLING
World Primary Aluminum Production Growth Pace to Double in H2 2023

  • World primary aluminum production growth rate is set to accelerate in 2H ‘23 toward 2.8% y/y, up from an estimated expansionary pace of...
     

  • Surging smelting profitability and improving hydroelectricity supply are supportive factors for accelerating world primary production...
     

  • The expansion in world primary aluminum production is yet to accelerate further in 2024, driven by ROW. HARBOR expects world primary aluminum production to grow in 2024 by...
     

  • China is shifting focus away from primary smelting expansions and is boosting secondary aluminum capacity at an unprecedented pace, considering the...