Aluminum
Florela Stoian
Conjunctura economiei mondiale / World Economic Studies, 2013
Abstract:
The paper presents an analysis of the international aluminum market in 2012, highlighting the strong decline of the price amid the stock increase registered as a consequence of the economic crisis impact on global demand during 2008-2009. The paper highlights China’s dominant role in the evolution of aluminum market since in 2012 this country had a large share in white metal global consumption and production. It should be noted that China played an important role in the alluminium global supply while the aluminum-production may become unprofitable due to rising production costs and this metal declining quotations at LME - London Metal Exchange. Given the increasing demand for aluminum in various industrial sectors and the fact that the white metal is the most widely used non-ferrous metal, our analysis concludes with some prospects on the alluminium supply and demand in the next two years.
Keywords: aluminum; aluminum price; aluminum consumption; aluminum demand (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2013:id:2822000009562123
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