The Supply of Aluminum Metal Materials in the Global Market is Tight

Aluminum, as an important metal material in the development of world economy, has developed in different forms in 2018. There has been a trend of growth in both the consumer market for aluminium and the supply of aluminium minerals. But the global production of aluminium oxide is declining. As a professional metal alloy manufacture, Nexteck provide all kinds of Nickel aluminum proudcts, such as Nicr8020, NiCr6015, NiCr3020 and more. Market analysts have made the following assessment of the development of aluminum metal materials over the past year.

First, the emerging developing countries have become the driving force of global consumption of primary aluminium and metal materials.

Overall, global consumption of primary aluminium is still showing a small increase. Traditional primary aluminium consumers did not perform well in 2018. Instead, emerging developing countries' consumption of raw aluminium became a bright spot for global consumption, such as India and Brazil. In WBMS's global aluminum supply and demand balance statistics, from 2016 to 2018, the global supply of primary aluminum is still in short supply, but China is in sharp contrast, overcapacity still exists for a long time.

Second, bauxite production is on the rise

According to WBML, the World Bureau of Metals Statistics, worldwide bauxite production in 2018 showed a slight divergence. The world as a whole continues to show an upward trend, but Australia, which has the highest output, has seen a decline, with Guinea growing at the fastest rate and China relatively stable.As the rapid development of global demand in the future, bauxite production will continue to moderate growth.

Third, reduction in global production of aluminium oxide metals

The problem of reducing the supply of aluminium oxide in 2018 is a nerve to the global aluminum market. After falling production in 2017 and tight supply, 2018 was largely stable.But the prospect of shortages caused by factors such as partial lockouts has been fermenting on a number of occasions. Alumina production in 2018 averaged 10.254 million tonnes in the month to September, down 245900 tonnes from the average for the full year of 2017, according to the International Aluminium Association.

In 2019, the development of aluminum metal materials has also received great attention. Aluminum alloy materials and aluminum metal materials production are all issues of great concern to the alloy material industry. The production of these metal materials is of great significance to the development of the world economy. It can reflect the development of the world economy. Nexteck is very horned to be a manufacture.