Alcoa forecasts 2019 alumina surplus on China production rises
Published: Thursday, 31 January 2019
The removal of US sanctions on producer Rusal has added strength to Alcoa's forecast of a surplus in alumina in 2019.
United States-based Alcoa, the world’s
eighth-largest aluminium producer, has forecast that there will
be a surplus of alumina in 2019 while it increases aluminium
There was a 600,000-tonne deficit of alumina at the end of
2018, the company said, rounding off a year of record market