PRESS ROOM
Aluminium buoyed by structural deficit concerns
Friday 28th May '21
Aluminium’s rally has been catalysed by environmental considerations since March. As part of China’s net zero carbon emissions by 2060 goal, the country has been cutting on its coal intensive aluminium production this year. The reduction in supply, therefore, is unlikely to be temporary and presents structural supply challenges for the metal. If these issues persist, aluminium may be in a supply deficit in the coming years.