SHANGHAI, Jun. 15 (SMM) – Rusal said on Wednesday that it plans to expand annual aluminum output from 2016’s level by 19% to 4.4 million tonnes by 2021, citing growth in global demand.
The global aluminum giant predicts global aluminum demand will grow 13.5 million tonnes to 73.2 million tonnes over the next five years.
NBS: China Aluminum Output Grows in May
Annual aluminum consumption is 1.4 million tonnes in Russia at present.
Where Will SHFE Aluminum Head After Touching 6-Month Low? SMM Reports
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