This research comprehensively studies the market to evaluate its future direction. However, the forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
Key Findings of the Report:
-Primary aluminium output in China hit nearly 12.56 Million Metric Tons in 2007. Rising demand and slowing production are putting pressure on supply-demand balance.
-It is expected that from 2008 to 2018, the aluminium industry of China will grow by 12.5% against 7% growth for the global industry during the same period.
-Investment in infrastructure and buildings to house the rapidly expanding urban population are the two key factors behind the phenomenal growth in metal demand in China for purely domestic applications.
-Energy tightness will be a long-term issue restricting China's primary aluminium production from expanding at its previous pace.