Page 12 - Altogether Magazine Issue 5 English
P. 12
In November, another decline took place to USD 1,761/ton,
which continued in December, lowering to USD 1,718/ton.
Fortunately, markets improved in early 2014 when Aluminium
was exchanged at a new level during the first quarter of this
year, at a monthly average of USD 1,746/ton.
While the Aluminium industry of August 2013, the Aluminium price predicted to record a deficit during
witnessed an increase in the amount remained at USD 1,821/ton and then the remaining months of this year
of reservoirs, universal consumption stabilized again at USD 1,781/ton at due to decreasing production and
kept increasing, supported by growth the end of September. In November, higher demand following high
trends in Europe and North America. another decline took place to supply.
Except for China, the international USD 1,761/ton, which continued in During the past lapse, the Aluminum
consumption of Aluminium was December, lowering to USD 1,718/ industry followed conflicting
estimated at only 3% in early 2014. ton. Fortunately, markets improved patterns. The first pattern pushed
Market trends also show that in early 2014 when Aluminium was for a decrease in production and the
the transportation sector will be exchanged at a new level during the closure of several smelters in Europe
the main driver to accelerate the first quarter of this year, at a monthly and the USA, which correspond with
universal consumption of Aluminium average of USD 1,746/ton. Prices of market pressure, a rise in prices and
this year, rising to 15%. More the ore resumed a gradual increase efforts to minimize the negative
demands are simultaneously coming to conclude the second quarter of impact of air pollution and climate
from the construction sector in both the year at a new monthly average change. Controversially, China and
emerging and advanced markets, that had risen to USD 1,869/ton, the GCCs lead the second pattern,
where these sectors occupy 22% of reflecting a 14% increase between inducing additional investments and
the consumption of Aluminium. The the end of 2013 and the end of July enhancing production capabilities
Canning and Packing industries, on 2014. to satisfy increasing demand. Yet the
the other hand, utilize about 17% of Such improvement further reflects consequences of the global financial
the gross international consumption positive future trends for the crisis constrained the expansion of
of Aluminium, allocating 16% to Aluminium industry within the this industry in the region. Similarly,
beverages – which indicates the region and worldwide, since it China is pushing towards limiting
momentum of diversity and progress implies serious investment decisions surplus investments to foster the
taking place in the structure of taken in this field in the mid and long conditions for a more productive
Aluminium consumption. terms, as well as state producers’ economy. This was achieved by
Similar to other industries, the ability to manage risks and market reducing the investments made in
instable and stumbling Aluminium fluctuations. the steel, cement, Aluminum and
prices in the international markets The universal increase recorded shipbuilding industries. Moreover, by
pose more challenges to the in Aluminium prices is a result of 2017, China will terminate business
investments directed to this sector. positive data coming from China projects that do not abide by the
This fact equally raises questions showing higher rates of economic standards as surplus production
about complex planning processes growth, compared to descending largely defies economic growth.
and higher uncertainty around production and reservoir rates the The indicators of increasing
the ability of these investments to main producers witnessed in other demand and low supply in the
achieve the required returns – and parts of the world. This prediction international markets appear to
even to preserve the assets placed emerged considering previous favor industry in the GCCs, which are
in or ultimately survive in the long indicators that outbalanced the vividly upturning. Strong demand
run. Yet Aluminium prices have never decrease in demand for the largest in the construction, packing and
followed a definite pattern, either consumer of metals in the world. transportation sectors, along
upwards or downwards. At the end However, Aluminium markets are with other major projects already
12
which continued in December, lowering to USD 1,718/ton.
Fortunately, markets improved in early 2014 when Aluminium
was exchanged at a new level during the first quarter of this
year, at a monthly average of USD 1,746/ton.
While the Aluminium industry of August 2013, the Aluminium price predicted to record a deficit during
witnessed an increase in the amount remained at USD 1,821/ton and then the remaining months of this year
of reservoirs, universal consumption stabilized again at USD 1,781/ton at due to decreasing production and
kept increasing, supported by growth the end of September. In November, higher demand following high
trends in Europe and North America. another decline took place to supply.
Except for China, the international USD 1,761/ton, which continued in During the past lapse, the Aluminum
consumption of Aluminium was December, lowering to USD 1,718/ industry followed conflicting
estimated at only 3% in early 2014. ton. Fortunately, markets improved patterns. The first pattern pushed
Market trends also show that in early 2014 when Aluminium was for a decrease in production and the
the transportation sector will be exchanged at a new level during the closure of several smelters in Europe
the main driver to accelerate the first quarter of this year, at a monthly and the USA, which correspond with
universal consumption of Aluminium average of USD 1,746/ton. Prices of market pressure, a rise in prices and
this year, rising to 15%. More the ore resumed a gradual increase efforts to minimize the negative
demands are simultaneously coming to conclude the second quarter of impact of air pollution and climate
from the construction sector in both the year at a new monthly average change. Controversially, China and
emerging and advanced markets, that had risen to USD 1,869/ton, the GCCs lead the second pattern,
where these sectors occupy 22% of reflecting a 14% increase between inducing additional investments and
the consumption of Aluminium. The the end of 2013 and the end of July enhancing production capabilities
Canning and Packing industries, on 2014. to satisfy increasing demand. Yet the
the other hand, utilize about 17% of Such improvement further reflects consequences of the global financial
the gross international consumption positive future trends for the crisis constrained the expansion of
of Aluminium, allocating 16% to Aluminium industry within the this industry in the region. Similarly,
beverages – which indicates the region and worldwide, since it China is pushing towards limiting
momentum of diversity and progress implies serious investment decisions surplus investments to foster the
taking place in the structure of taken in this field in the mid and long conditions for a more productive
Aluminium consumption. terms, as well as state producers’ economy. This was achieved by
Similar to other industries, the ability to manage risks and market reducing the investments made in
instable and stumbling Aluminium fluctuations. the steel, cement, Aluminum and
prices in the international markets The universal increase recorded shipbuilding industries. Moreover, by
pose more challenges to the in Aluminium prices is a result of 2017, China will terminate business
investments directed to this sector. positive data coming from China projects that do not abide by the
This fact equally raises questions showing higher rates of economic standards as surplus production
about complex planning processes growth, compared to descending largely defies economic growth.
and higher uncertainty around production and reservoir rates the The indicators of increasing
the ability of these investments to main producers witnessed in other demand and low supply in the
achieve the required returns – and parts of the world. This prediction international markets appear to
even to preserve the assets placed emerged considering previous favor industry in the GCCs, which are
in or ultimately survive in the long indicators that outbalanced the vividly upturning. Strong demand
run. Yet Aluminium prices have never decrease in demand for the largest in the construction, packing and
followed a definite pattern, either consumer of metals in the world. transportation sectors, along
upwards or downwards. At the end However, Aluminium markets are with other major projects already
12
