Alcoa forecasts 2019 alumina surplus on China production rises

By IM Staff
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 metal shipments.
There was a 600,000-tonne deficit of alumina at the end of 2018, the company said, rounding off a year of record market tightness....

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