"UC Rusal": global aluminium consumption has grown by 7% within 9 months of 2014.
Edited by Rhod Mackenzie / 2014-11-12 07:41:06
"UC Rusal" estimates that in the first nine months of 2014 the deficit of aluminium on the world market excluding China amounted to 0.9 million tons due to stronger-than-expected growth in the demand for aluminium and the reduction of the aluminium production volumes.
In the first nine months of 2014 the world consumption of aluminium increased by 7% - to 41 million tons compared with the same period of 2013, the report of the aluminium giant "UC Rusal" informs.
Most rapidly the demand for aluminium has been growing in China (12%), Japan, and South Korea (6%). The demand for aluminium in North America increased by 4.3%. In Europe the demand growth was also substantial and amounted to 3.7% compared with the same period last year.
