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Indian primary aluminum producers facing various challenges
Date: 06-11-2019 00:00:00

It was reported that Indian primary aluminum producers facing challenges due to soaring imports, weak LME prices and lower consumption. The slowdown in automobile sales and the narrowed aluminum supply gap had an obvious impact on consumption this fiscal year. However, despite the current primary aluminum market was sluggish, the secondary aluminum production market was still optimistic due to strong demand for aluminum in the can packaging market. In addition, Indian aluminum demand in the fiscal year 2018-19 rose by 10% since the growth of aluminum consumption was stably supported by certain industries, such as GDP, aerospace, automotive, infrastructure and power industries.

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