Global Electrolytic Aluminum Capacity May Over 6000 Thousand Tons in 2 Years

(China Aluminum Network) The aluminum price was uncertain in H1 2014, stood at $1700-1900 per ton.

The global electrolytic aluminum capacity was keep rising, while world aluminum consumption will also keep stable growth in 2014-2015. It is expected that the Middle East will newly added electrolytic aluminum capacity 1000 thousand tons in 2014-2015, and China will increased 5000 thousand tons in 2014.

Indonesia’s bauxite export ban has played limited influence on China, but may increase aluminum production cost in long term. Chinese alumina manufacturers have reserved abundant bauxite in last year and found additional bauxite supply resource from other regions.

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