Research

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

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January 2018 | Aluminium Weekly Market Tracker


Primary and Secondary Fundamental Analysis


Analysis of consumption and production of primary aluminium, and an analysis of the market drivers of secondary aluminium and aluminium.

Demand Analysis

Late last week the US ITC has confirmed that US producers of common alloy sheet (non-beverage can) have suffered injury as a result of unfairly traded imports from China over many years. In effect this allows the AD/CV investigation to be passed onto to Department of Commerce for further investigation. Preliminary decisions in countervailing and anti-dumping are expected by February 1st and April 17th respectively, with margins of 56.54-59.72% likely to be applied. .

What might this mean for US sheet consumption?

While US aluminium producers were unanimously in favour of the investigation, many consumers take a very different view point. The county has been increasingly reliant on Chinese sourced sheet in recent years. The chart below shows how Chinese material has taken an in increasing share of material imported under the 7606 HS code (plates, sheets and strip wit >2mm thickness). Imports of this material...

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