2018 promises to be another year of rapid developments for the aluminium market. Once again it will be events related to China that will shape the trajectory of prices and the global aluminium market balance. China supply reforms, the possible capping of future growth in Chinese smelting capacity additions, trade cases against Chinese exports of semis and the direction of premia will be the stand out factors.
Table of contents
How will premiums shape up in 2018?
Chinese semis exports under attack from trade cases
China supply reforms: 2 steps forward one step back
Rules on replacement quotas expected to cap China’s smelter capacity growth
Alumina price swings
Tables and charts
This report includes 2 images and tables including:
Global aluminium premia
US import of sheets and foils from China affected by the trade case