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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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July 2019 | Aluminium Weekly Market Tracker


US buyers have been scooping up rising volumes, but quality a concern: Asian and Middle Eastern Market Analysis - Extrusions


Traditionally the quality of Indian origin billet was not considered suitable by Japanese consumers, who preferred material from the likes of Rio Tinto, South32 and Rusal.

Indian producers raise output of billet for domestic and export markets

Over the 2016-2018 period, Vedanta increased its billet production capacity – which is split between its Korba and Jharsuguda smelters, from 100ktpy to 450ktpy. This resultant increase in availability of value added products has played a central role in the rise in India’s exports of primary aluminium over the past two years, rising from 970kt in 2016 to 1.5mt in 2018. These exports include the increase in volumes sold into the US, rising from 23.9kt in 2016 to 118.4kt in...

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