Jan 02, 2025 18:03

The global aluminium market faced challenges in 2024, including alumina shortages, geopolitical tensions, and shipping disruptions. In 2025, alumina supply is expected to recover, creating a surplus, while primary aluminium may shift to a narrow surplus amid limited capacity growth and steady demand. Regional markets will vary, with the U.S. remaining resilient and Europe facing supply risks. Aluminium prices are likely to stay supported but volatile due to economic recovery, geopolitical factors, and cost pressures.