According to industry research firm CRU Group, aluminum prices are about to fall as global supply rebounds faster than expected. CRU expects the global aluminum market to have a supply gap of slightly less than 500,000 tons this year, but as Middle East smelters resume production and China and other projects release more supply, it will turn into a large surplus next year and 2028. The fall in aluminum prices will be beneficial to consumers, but it may pose a headwind to America's plans to expand domestic aluminum production capacity, and the data center and automobile industry are the highlights of US demand.
Zhitongcaijing · 3d ago
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According to industry research firm CRU Group, aluminum prices are about to fall as global supply rebounds faster than expected. CRU expects the global aluminum market to have a supply gap of slightly less than 500,000 tons this year, but as Middle East smelters resume production and China and other projects release more supply, it will turn into a large surplus next year and 2028. The fall in aluminum prices will be beneficial to consumers, but it may pose a headwind to America's plans to expand domestic aluminum production capacity, and the data center and automobile industry are the highlights of US demand.
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