Market News
Rising aluminium demand and strong prices to drive new capacities
Demand for primary aluminium will reach 70 million tonnes by 2020, according to Ron Knapp, Secretary General of the International Aluminium Institute. This represents an increase of about 3 million tonnes from a year ago. Since global aluminium demand is growing at a rate of 4% per year, an additional 3 million tonnes per year of primary metal production is required, Knapp added.