China Aluminium: unravelling the impact of policies

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After multiple false starts, China’s supply-side reforms are beginning to bite. The China supply-side narrative, that this time it’s different, sent LME prices above the US$2100/t mark. On 4th October, Wood Mackenzie hosted a Breakfast Briefing in London. Ami Shivkar discussed the key themes in the aluminium market: • Industry reforms or bailout? • Restarts – nothing kills high prices like high prices! • Replacement capacity: winners and losers • US-China trade

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