"The aluminium industry – like all industrial sectors – is still facing a testing future in the short term, but there should be cause for optimism."
The aluminium industry has seen a dip in demand and impact on aluminium production in 2020 due to the pandemic, especially the automobile, aerospace & construction industries has taken probably the maximum hit in the first two quarters of 2020. By late Dec'20 the industry is already seeing the signs of recovery. The LME (London Metal Exchange) 3 months aluminium price stayed consistently above $2000/T in Dec, compared to $1800/T a year back. It is also expected that this resurgence will continue in the first couple of quarters in 2021 as well, because it has been observed that a lot of smelters are already sold out for this time period.
Chinese (& to some extent Asian) demand has been the key driver for the aluminium industry along with some other metals as well. China, after 2009, has again become a net importer, pushing the global market demand higher. This shows the strong domestic consumption and policy impact in China on the global aluminium sector & most importantly, it's not only for primary ingots, there's been a strong physical demand for value added & finished products as well. Finally, re-opening of more automotive plants in Japan, European and US markets & strong orders from European customers indicate a recovery in these geographies as well. The possibility of pent-up demand from last year to get unleashed in the first half of 2021 is only going to push prices further as most manufacturers are gearing up production for this year and next.
In the longer term however, the pandemic may act as a blessing in disguise. The growth drivers of aluminium industry have actually been accelerated due to this pandemic and if anything, the opportunities are far greater now considering the pace of growth in the pre-COVID-19 times. The growth & increasing appetite for environment friendly solutions in transport, infrastructure, energy, packaging sectors will only push the use of aluminium post 2021 much further. The trend was already established before 2020, but certainly it received a big push during the last year. Aluminium is the most recycled and recyclable of all metals & with such a strong sustainability credential, the metal is ready to meet consumer expectations.
A recent survey conducted by CM group, along with IMF, shows a strong positive sentiment within the industry with 83% of respondents saying the pandemic will have just a short-term impact on aluminium consumption; with most expecting China's economy to rebound in 2021. ~56% thinks the pandemic will cause fundamental changes to supply and consumption and that low-cost and well-performing organizations can benefit and increase their market share at the expense of outdated, high-cost rivals. Ramping up recycling initiatives, much more focus on Green aluminium, higher emphasis on essential end-use sectors & multiple alternatives for supply chain & raw materials – may prove to be the most important factors in the global aluminium industry in the post pandemic world.
Copyright © 2022 AlCircleBiz All Rights Reserved.
'Most searched' on AlCircleBiz
Raw Materials and Consumables:
Magnesite | Fluorspar | Propeller Scrap | Tin Brass Scrap | Gun Metal Scrap | Honey Brass Scrap | Silicon Metal 2202 | Silicon Metal 3303 | Silicon Metal 421 | Silicon metal 441 | Silicon metal 553 | Silicon Metal | Silicon metal 553 | Silicon metal 441 | Silicon metal 3303
Machinery and Equipment:
Aluminium Scrap 6063 | 3004 Aluminium Foil | Aluminium powder | House on Wheels Interior | Radiator Door | Aluminium Caul Board | Aluminium Coil | Aluminium Corrugated Sheet | Aluminium Chequered Sheets | Aluminium Sheets | Aluminium Scrap 97 Purity
Screw Module Series | Aluminium Die- Casting | Aluminium Medical Equipment Profile | Led Aluminium Profile | Mobile frame series | Electronic Series | Chamber series | Bike Accessories | Aluminium Tope | Aluminium Circle | Aluminium Extrusion | Standard Geometric Profiles
Utility and Services:
Logistics Services | Equipment Assessment Service | Material Audits & Valuation Service | Remelting of Aluminium Scrap Service | Cable Recycling Service | Warehousing and Distribution Service | Sea Freight Service
Aluminium Buying Leads:
Aluminium Selling Leads:
AlCircleBiz: CONNECTING BUSINESS - IN THE GLOBAL ALUMINIUM INDUSTRY
Founded in 2019 and based out of Singapore, AlCircleBiz is the world's 1st online B2B marketplace for the global aluminium industry, connecting businesses. One of the biggest USPs of AlCircleBiz is – it covers the entire aluminium value chain i.e., from - raw materials and consumables, primary aluminium, equipment, aluminium products, scrap, technology, service providers – bringing everything under one roof.
When you register on AlCircleBiz, you can post business leads, get to explore all listed products and services and can send enquiries directly to the sellers. When you onboard as a registered seller, you can list unlimited products/services to get new customers & grow your business in the domestic as well as international aluminium industry.
BUY/SEND ENQUIRY FROM AlCircleBiz
Raw Materials and Consumables
Find quality & verified aluminium raw materials and consumables suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies & reach out to them through online enquiries. From Propeller Scrap, Tin Brass Scrap, Gun Metal Scrap, Honey Brass Scrap, Silicon Metal 3303 and more. Discover sellers like Xiamen JCX Import And Export Co.Ltd, Al-Azeem Enterprises, Madina Metal and more.
Find Primary aluminium manufacturers and suppliers. Choose reliable and genuine primary aluminium manufacturers, suppliers, exporters at AlCircleBiz. Aluminium Ingot, Billet, Alloy Bar latest price from sellers like RADIANTA ALLOYS PVT. LTD., Shayona Impex, Silver Rush Exim and more.
Machinery and Equipment
Find quality aluminium machinery and equipment, suppliers, manufacturers, exporters, importers and buyers around the world. Send enquiries on aluminium machinery and equipment products to get price quotes and other information.
Find quality & verified aluminium products suppliers, manufacturers, exporters, importers and buyers around the world. Latest price on aluminium products. Get contact details and address of companies manufacturing and supplying aluminium products.
Find quality aluminium end user product suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies manufacturing and supplying aluminium end user products.
Utility and Services
Find all different kinds of aluminium utility and services providers around the world at AlCircleBiz. Get contact details and address of companies providing utility and services for the aluminium industry.
SURPLUS, a unique feature of AlCircleBiz, to help you sell any unused assets, with customized and dedicated marketing to attract immediate customer needs. If you have any unused product, raw materials, scrap or used equipment or machinery and you want to sell it off, then you can get verified enquiries from potential customers by availing this SURPLUS feature.
Aluminium Business Leads
Both sellers and buyers can post business leads for any specific requirements & can choose to respond to other active business leads.
Post Buying and Selling leads at AlCircleBiz is easy, fast & super affordable! We follow an authentic online method of reaching a niche audience and once you have posted a lead, you can get an unlimited number of responses against your lead. These business leads cover the entire aluminium value chain that includes Raw Materials and Consumables, Primary Aluminium, Machinery and Equipment, Aluminium Products, End User, Utility and Services and Surplus Products.
The in-house team of experts at AlCircleBiz is trained to check and verify the authenticity of online presence of all their registered sellers and business leads, hence you get a list of reliable product suppliers and only verified leads.
SERVICES AND PRICING
Registration on AlCircleBiz is FREE. With Registration, you get the following benefits -
- Explore AlCircleBiz platform to get connected with global sellers and buyers
- Check out all products/services & send unlimited enquiries directly to the sellers
- Post unlimited buying and selling requirements as Business Leads
- Get responses from potential customers against your posted Lead (First 10 responses in one year are free)
- Check out other active Business Leads and respond directly to the clients at No Cost - Unlimited Responses
If you onboard yourself as a registered seller for FREE, you get the following additional benefits
- Get free company profile page on AlCircleBiz website
- List unlimited number of products/services
- Get enquiries directly in your Inbox from potential clients (First 10 enquiries in one year are free)
We also have many paid offerings - like MyBiz, Surplus, Advertisement Solutions etc.
Visit us at: www.alcirclebiz.com