Watch out for India as Potentially Big Aluminum Consumer

Published: Aug 11, 2017 18:01

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India will potentially emerge as an important aluminum consuming country.

SHANGHAI, Aug. 11 (SMM) – India will potentially emerge as an important aluminum consuming country.

Bosai Group to Build 5 Million-tonne Alumina Project, SMM Survey
Heavy investments in the country’s infrastructure, automobile and construction sectors will greatly boost aluminum consumption.

China Aluminum Stocks to Exceed 1.8 Million Tonnes in Q1 2018, SMM Predicts

India’s primary aluminum output rose 19.1% year-on-year to 2.44 million tonnes in the fiscal year of 2015-2016, and consumption rose 25.4% year-on-year to 1.98 million tonnes, while exports increased over 15% year-on-year.

At present, per capita aluminum consumption in India is just 1.5 kg, well below 22 kg in China, meaning huge potential to grow.

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india aluminum demand

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