Insight
How aluminium smelters are weathering energy market volatility
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The conflict in the Middle East has created volatility in energy markets, but the impact on aluminium smelting costs varies significantly depending on where smelters are located and how they source their power.
Table of contents
- Introduction
- The conflict in the Middle East caused ripple effects in global energy markets
- Smelters generating their own power have not yet faced escalating electricity costs
- Cost of purchased power to increase but not as many feared
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Conclusion:
- Uneven impact across regions, but aluminium smelters prove more resilient than in previous crises
Tables and charts
This report includes the following images and tables:
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53% of producers have exposure to fossil fuels for dedicated power plantsAsian coal and LNG prices far less responsive to Iran conflictSensitivity of power tariffs and smelter costs to variations in coal prices
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7 % of producers with exposure to power marketsEuropean coal and LNG prices have stabilisedImpact of hight gas prices on European power tariffsImpact of hight power tariffs on smelter costs
What's included
This report contains:
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